Filing Details
- Accession Number:
- 0001095449-20-000016
- Form Type:
- 13G Filing
- Publication Date:
- 2020-02-11 20:47:00
- Filed By:
- Bridgewealth Advisory Group, Llc
- Company:
- United Security Bancshares (NASDAQ:UBFO)
- Filing Date:
- 2020-02-12
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Bridgewealth Advisory Group | 0 | 0 | 931,689 | 5.5% | ||
Kevin C. Hook | 0 | 0 | 931,689 | 5.5% | ||
Joshua A. Carpenter | 0 | 0 | 931,689 | 5.5% | ||
Derek J. Elrod | 0 | 0 | 931,689 | 5.5% |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* United Security Bancshares (Name of Issuer) Common Stock, no par value (Title of Class of Securities) 91146010 (CUSIP Number) 12/31/2019 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 91146010 SCHEDULE 13G Page 2 of 9 1 Names of Reporting Persons Bridgewealth Advisory Group, LLC IRS Identification No. of Above Person (entities only) 83-0769376 2 Check the Appropriate Box if a Member of a Group (a) [ ] (See instructions) (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization California 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY -0- OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH 931,689 8 Shared Dispositive Power -0- 9 Aggregate Amount Beneficially Owned by each Reporting Person 931,689 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) [ ] 11 Percent of Class Represented by Amount in Row 9 5.5% 12 Type of Reporting Person (See Instructions) IA CUSIP No. 91146010 SCHEDULE 13G Page 3 of 9 1 Names of Reporting Persons Kevin C. Hook IRS Identification No. of Above Person (entities only) Not Applicable 2 Check the Appropriate Box if a Member of a Group (a) [ ] (See instructions) (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization United States 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY -0- OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH 931,689 8 Shared Dispositive Power -0- 9 Aggregate Amount Beneficially Owned by each Reporting Person 931,689 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) [ ] 11 Percent of Class Represented by Amount in Row 9 5.5% 12 Type of Reporting Person (See Instructions) IN CUSIP No. 91146010 SCHEDULE 13G Page 4 of 9 1 Names of Reporting Persons Joshua A. Carpenter IRS Identification No. of Above Person (entities only) Not Applicable 2 Check the Appropriate Box if a Member of a Group (a) [ ] (See instructions) (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization United States 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY -0- OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH 931,689 8 Shared Dispositive Power -0- 9 Aggregate Amount Beneficially Owned by each Reporting Person 931,689 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) [ ] 11 Percent of Class Represented by Amount in Row 9 5.5% 12 Type of Reporting Person (See Instructions) IN CUSIP No. 91146010 SCHEDULE 13G Page 5 of 9 1 Names of Reporting Persons Derek J. Elrod IRS Identification No. of Above Person (entities only) Not Applicable 2 Check the Appropriate Box if a Member of a Group (a) [ ] (See instructions) (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization United States 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY -0- OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH 931,689 8 Shared Dispositive Power -0- 9 Aggregate Amount Beneficially Owned by each Reporting Person 931,689 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) [ ] 11 Percent of Class Represented by Amount in Row 9 5.5% 12 Type of Reporting Person (See Instructions) IN CUSIP No. 91146010 SCHEDULE 13G Page 6 of 9 Item 1(a). Name of Issuer. United Security Bancshares Item 1(b). Address of Issuer's Principal Executive Offices. 2126 Inyo Street, Fresno, California 93721 Item 2(a). Name of Person Filing. Bridgewealth Advisory Group, LLC Kevin C. Hook Joshua A. Carpenter Derek J. Elrod Item 2(b). Address of Principal Business Office or, if none, Residence. The business address of Bridgewealth Advisory Group, LLC, Kevin C. Hook, Joshua A. Carpenter, and Derek J. Elrod is 986 West Alluvial Ave., Suite 101, Fresno, CA 93711. Item 2(c). Citizenship. Bridgewealth Advisory Group, LLC is a California limited liability company Kevin C. Hook is a United States Citizen Joshua A. Carpenter is a United States Citizen Derek J. Elrod is a United States Citizen Item 2(d). Title of Class of Securities. Common Stock, no par value Item 2(e). CUSIP Number. 911460103 Item 3. If this statement is filed pursuant to 240.13d- 1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). CUSIP No. 91146010 SCHEDULE 13G Page 7 of 9 (d) [ ] Investment company registered under section 8 of the Investment Company act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with 240.13d- 1(b)(1)(ii)(E). (f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F). (g) [ ] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G). (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) [ ] A church plan that is excluded form the definition of an investment company under section 3(c)(14) of the Investment Company act of 1940 (15 U.S.C. 80a-3). (j) [ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); (K) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ______ Item 4. Ownership. Reference is hereby made to Items 5-9 and 11 of pages two (2), three(3), four (4), and five (5) of this Schedule 13G, which Items are incorporated by reference herein.
CUSIP No. 91146010 SCHEDULE 13G Page 8 of 9 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. . Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Bridgewealth Advisory Group, LLC is deemed to be the beneficial owner of the number of securities reflected in Item 5-9 and 11 of page two (2) of this Schedule 13G pursuant to separate arrangements whereby it acts as investment adviser to certain persons. Each person for whom Bridgewealth Advisory Group, LLC acts as investment adviser has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock purchased or held pursuant to such arrangements. Each of Mssrs. Hook, Carpenter, and Elrod is deemed to be the beneficial owner of the number of securities reflected in Item 5-9 and 11 of pages three(3), four (4), and five (5), as reported, based on their position of managing member of Bridgewealth Advisory Group, LLC. Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. CUSIP No. 91146010 SCHEDULE 13G Page 9 of 9 Item 10. Certification. By signing below, the undersigned certify that, to the best of their1 knowledge and belief, the securities referred to above on pages two (2), three(3), four (4), and five (5) of this Schedule 13G were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of their knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. DATED: February 7, 2020 Bridgewealth Advisory Group, LLC /s/ Kevin C. Hook ________________________ By: Kevin C. Hook its: Managing Member Kevin C. Hook /s/ Kevin C. Hook ________________________ By: Kevin C. Hook Joshua A. Carpenter /s/ Joshua A. Carpenter ________________________ By: Joshua A. Carpenter Derek J. Elrod /s/ Derek J. Elrod ________________________ By: Derek J. Elrod Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)