First US Bancshares, Inc. operates as the bank holding company for First US Bank that provides commercial banking products and services. It accepts deposit products, such as non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits. The company's loan products include loans for the development of residential housing projects, development of commercial and industrial use property, and purchase and improvement of raw land; mortgage loans on one-to-four family residential properties and secured by apartment buildings; home equity loans and lines of credit; real estate loans secured by commercial and industrial properties, office or mixed-use facilities, strip shopping centers, or other commercial property; loans for agricultural production; commercial and industrial loans and leases; and automobile, household and personal, and other direct consumer installment loans. It also provides letters of credit; and safe deposit box and remote deposit capture, as well as reinsures or underwrites credit life, and credit accident and health insurance policies. The company serves small-and medium-sized businesses, property managers, business executives, professionals, and other individuals. As of December 31, 2020, it operated 19 banking offices located in Birmingham, Bucksville, Butler, Calera, Centreville, Columbiana, Gilbertown, Grove Hill, Harpersville, Jackson, Thomasville, Tuscaloosa, and Woodstock, Alabama; Knoxville and Powell, Tennessee; and Rose Hill and Ewing, Virginia, as well as loan production offices in Mobile, Alabama and the Chattanooga, Tennessee. The company was formerly known as United Security Bancshares, Inc. and changed its name to First US Bancshares, Inc. in October 2016. First US Bancshares, Inc. was founded in 1952 and is headquartered in Birmingham, Alabama.
IPO Year:
Exchange: NASDAQ
Website: firstusbank.com
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3 - FIRST US BANCSHARES, INC. (0000717806) (Issuer)
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4 - FIRST US BANCSHARES, INC. (0000717806) (Issuer)
4 - FIRST US BANCSHARES, INC. (0000717806) (Issuer)
4 - FIRST US BANCSHARES, INC. (0000717806) (Issuer)
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BIRMINGHAM, Ala., Aug. 28, 2025 /PRNewswire/ -- First US Bancshares, Inc. (the "Company") (NASDAQ:FUSB) announced today that the Company's Board of Directors has elected Nathan Gordon as a director of the Company and its subsidiary, First US Bank (the "Bank"), effective August 27, 2025. Mr. Gordon will serve on the Asset/Liability Committee, Retail, Operations, and Compliance Committee, and the Information Technology Steering Committee of the Board of Directors of the Bank (the "Bank Board"). Mr. Gordon graduated Summa Cum Laude from Auburn University with an accounting degree in 2008. He also obtained a Masters of Accountancy from Auburn University in 2009. In 2012, Mr. Gordon received
BIRMINGHAM, Ala., Aug. 27, 2025 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on October 1, 2025, to shareholders of record at the close of business on September 12, 2025. "We are pleased to announce a dividend for the forty-fifth consecutive quarter," stated James F. House, the Company's President and Chief Executive Officer. "We will continue to evaluate future dividend payments to ensure the Company's shareholders are rewarded, while maintaining a strong capital base," concluded Mr. House. About First US Bancshares, Inc. First US Bancs
BIRMINGHAM, Ala., Aug. 11, 2025 /PRNewswire/ -- First US Bank is pleased to announce that Mac Greene has joined the Bank's team of commercial loan officers in Birmingham. Greene, a graduate of Auburn University, has 18 years of banking experience in the Birmingham market, including Commercial Relationship Manager roles at Progress Bank, Candence Bank, and Colony Bank. "I'm thrilled to join First US Bank and contribute to its continued success," said Greene. "I look forward to working with this dedicated team that's making a real difference in our community." "We're very happy to have Mac on board," stated Scott Cox, First US Bank's Senior Commercial Lending Executive. "He's a seasoned
BIRMINGHAM, Ala., Aug. 4, 2025 /PRNewswire/ -- First US Bank is pleased to announce that Warren Giardina has joined the Bank as its Birmingham Market Executive. Giardina, a Birmingham native and graduate of the University of Alabama, brings over 26 years of commercial lending experience in the region. Giardina has previously served in leadership roles with PNC Bank, Colony Bank, and, most recently, Southern States Bank. "This is an exciting opportunity to work with a talented group to expand First US Bank's presence in central Alabama," said Giardina. "Warren's vision aligns perfectly with our mission to provide exceptional service as trusted client advisors," said Scott Cox, First US Bank
BIRMINGHAM, Ala., July 30, 2025 /PRNewswire/ -- Second Quarter Highlights: First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $0.2 million, or $0.03 per diluted share, for the quarter ended June 30, 2025 ("2Q2025"), compared to $1.8 million, or $0.29 per diluted share, for the quarter ended March 31, 2025 ("1Q2025") and $2.1 million, or $0.34 per diluted share, for the quarter ended June 30, 2024 ("2Q2024"). For the six months ended June 30, 2025, net income totaled $1.9 million, or $0.32 per diluted share, compared to $4.2 million, or $0.68 per diluted share, for the six months ended June 30, 2024. The dec
BIRMINGHAM, Ala., July 28, 2025 /PRNewswire/ -- First US Bank is proud to announce that Scott Cox has joined the Bank as its Senior Commercial Lending Executive. Cox is a highly accomplished commercial banker, bringing over 27 years of industry experience in corporate banking, business banking, and wealth management. Cox earned his bachelor's degree in economics from the University of North Carolina at Chapel Hill, and most recently served as East Region Market CEO for Commercial Banking Offices and Community Markets for BBVA USA. In his new role, Cox will be responsible for driving First US Bank's continued growth by leading a team of high-performing commercial lenders across key markets.
BIRMINGHAM, Ala., May 21, 2025 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on July 1, 2025, to shareholders of record at the close of business on June 13, 2025. "We are pleased to announce a dividend for the forty-fourth consecutive quarter," stated James F. House, the Company's President and Chief Executive Officer. "We will continue to evaluate future dividend payments to ensure the Company's shareholders are rewarded, while maintaining a strong capital base," concluded Mr. House. About First US Bancshares, Inc. First US Bancshares, In
BIRMINGHAM, Ala., April 30, 2025 /PRNewswire/ -- First Quarter Highlights: Period Net Income Diluted Earningsper share Return on average assets(annualized) Return on average commonequity (annualized) Return on average tangiblecommon equity (annualized) (1) 1Q2025 $1.8 million $0.29 0.66 % 7.21 % 7.79 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $1.8 million, or $0.29 per diluted share, for the quarter ended March 31, 2025 ("1Q2025"), compared to $1.7 million, or $0.29 per diluted share, for the quarter ended December 31, 2024 ("4Q2024") and $2.1 million, or $0.34 per diluted share, for the quarter e
BIRMINGHAM, Ala., Feb. 26, 2025 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on April 1, 2025, to shareholders of record at the close of business on March 14, 2025. "We are pleased to announce a dividend for the forty-third consecutive quarter," stated James F. House, the Company's President and Chief Executive Officer. "We will continue to evaluate future dividend payments to ensure the Company's shareholders are rewarded, while maintaining a strong capital base," concluded Mr. House. About First US Bancshares, Inc. First US Bancshares,
BIRMINGHAM, Ala., Jan. 27, 2025 /PRNewswire/ -- Fourth Quarter and Full-Year Highlights: Period Net Income Diluted Earnings per share Return on average assets (annualized) Return on average commonequity (annualized) Return on average tangiblecommon equity (annualized) (1) 4Q2024 $1.7 million $0.29 0.63 % 6.92 % 7.49 % Full-Year 2024 $8.2 million $1.33 0.76 % 8.62 % 9.37 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $1.7 million, or $0.29 per diluted share, for the quarter ended December 31, 2024 ("4Q2024"), compared to $2.2 million, or $0.36 per diluted share, for the quarter ended September 30, 20
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BIRMINGHAM, Ala., Aug. 27, 2025 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on October 1, 2025, to shareholders of record at the close of business on September 12, 2025. "We are pleased to announce a dividend for the forty-fifth consecutive quarter," stated James F. House, the Company's President and Chief Executive Officer. "We will continue to evaluate future dividend payments to ensure the Company's shareholders are rewarded, while maintaining a strong capital base," concluded Mr. House. About First US Bancshares, Inc. First US Bancs
BIRMINGHAM, Ala., Aug. 4, 2025 /PRNewswire/ -- First US Bank is pleased to announce that Warren Giardina has joined the Bank as its Birmingham Market Executive. Giardina, a Birmingham native and graduate of the University of Alabama, brings over 26 years of commercial lending experience in the region. Giardina has previously served in leadership roles with PNC Bank, Colony Bank, and, most recently, Southern States Bank. "This is an exciting opportunity to work with a talented group to expand First US Bank's presence in central Alabama," said Giardina. "Warren's vision aligns perfectly with our mission to provide exceptional service as trusted client advisors," said Scott Cox, First US Bank
BIRMINGHAM, Ala., July 30, 2025 /PRNewswire/ -- Second Quarter Highlights: First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $0.2 million, or $0.03 per diluted share, for the quarter ended June 30, 2025 ("2Q2025"), compared to $1.8 million, or $0.29 per diluted share, for the quarter ended March 31, 2025 ("1Q2025") and $2.1 million, or $0.34 per diluted share, for the quarter ended June 30, 2024 ("2Q2024"). For the six months ended June 30, 2025, net income totaled $1.9 million, or $0.32 per diluted share, compared to $4.2 million, or $0.68 per diluted share, for the six months ended June 30, 2024. The dec
BIRMINGHAM, Ala., May 21, 2025 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on July 1, 2025, to shareholders of record at the close of business on June 13, 2025. "We are pleased to announce a dividend for the forty-fourth consecutive quarter," stated James F. House, the Company's President and Chief Executive Officer. "We will continue to evaluate future dividend payments to ensure the Company's shareholders are rewarded, while maintaining a strong capital base," concluded Mr. House. About First US Bancshares, Inc. First US Bancshares, In
BIRMINGHAM, Ala., April 30, 2025 /PRNewswire/ -- First Quarter Highlights: Period Net Income Diluted Earningsper share Return on average assets(annualized) Return on average commonequity (annualized) Return on average tangiblecommon equity (annualized) (1) 1Q2025 $1.8 million $0.29 0.66 % 7.21 % 7.79 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $1.8 million, or $0.29 per diluted share, for the quarter ended March 31, 2025 ("1Q2025"), compared to $1.7 million, or $0.29 per diluted share, for the quarter ended December 31, 2024 ("4Q2024") and $2.1 million, or $0.34 per diluted share, for the quarter e
BIRMINGHAM, Ala., Feb. 26, 2025 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on April 1, 2025, to shareholders of record at the close of business on March 14, 2025. "We are pleased to announce a dividend for the forty-third consecutive quarter," stated James F. House, the Company's President and Chief Executive Officer. "We will continue to evaluate future dividend payments to ensure the Company's shareholders are rewarded, while maintaining a strong capital base," concluded Mr. House. About First US Bancshares, Inc. First US Bancshares,
BIRMINGHAM, Ala., Jan. 27, 2025 /PRNewswire/ -- Fourth Quarter and Full-Year Highlights: Period Net Income Diluted Earnings per share Return on average assets (annualized) Return on average commonequity (annualized) Return on average tangiblecommon equity (annualized) (1) 4Q2024 $1.7 million $0.29 0.63 % 6.92 % 7.49 % Full-Year 2024 $8.2 million $1.33 0.76 % 8.62 % 9.37 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $1.7 million, or $0.29 per diluted share, for the quarter ended December 31, 2024 ("4Q2024"), compared to $2.2 million, or $0.36 per diluted share, for the quarter ended September 30, 20
BIRMINGHAM, Ala., Nov. 20, 2024 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), a Delaware corporation based in Birmingham, Alabama, announced today that its Board of Directors has expanded the Company's existing share repurchase program. The Company has repurchased 1,289,972 shares of its common stock to date under the repurchase program, and 352,813 shares remain available for repurchase. The Board of Directors has authorized the Company to repurchase an additional 600,000 shares under the repurchase program and extended the expiration of the repurchase program from December 31, 2024, to December 31, 2025. The share repurchase program was originally approved by
Announces 40% Increase to $0.07 per Share BIRMINGHAM, Ala., Nov. 20, 2024 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on January 2, 2025, to shareholders of record at the close of business on December 13, 2024. The $0.07 per share dividend represents a 40% increase from $0.05 per share declared each quarter since the fourth quarter of 2022, and it represents the forty-second consecutive quarter that the Company has paid a dividend. "We are pleased to announce an increased dividend that reflects the growth and stability of the Company's
BIRMINGHAM, Ala., Oct. 24, 2024 /PRNewswire/ -- Third Quarter Highlights: Net Income Diluted Earnings per share Return on average assets(annualized) Return on average commonequity (annualized) Return on average tangiblecommon equity (annualized)(1) Loans to deposits $2.2 million $0.36 0.82 % 9.21 % 9.99 % 81.9 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $2.2 million, or $0.36 per diluted share, for the quarter ended September 30, 2024 ("3Q2024"), compared to $2.1 million, or $0.34 per diluted share, for the quarter ended June 30, 2024 ("2Q2024") and $2.1 million, or $0.33 per diluted share, for the
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BIRMINGHAM, Ala., Aug. 11, 2025 /PRNewswire/ -- First US Bank is pleased to announce that Mac Greene has joined the Bank's team of commercial loan officers in Birmingham. Greene, a graduate of Auburn University, has 18 years of banking experience in the Birmingham market, including Commercial Relationship Manager roles at Progress Bank, Candence Bank, and Colony Bank. "I'm thrilled to join First US Bank and contribute to its continued success," said Greene. "I look forward to working with this dedicated team that's making a real difference in our community." "We're very happy to have Mac on board," stated Scott Cox, First US Bank's Senior Commercial Lending Executive. "He's a seasoned
BIRMINGHAM, Ala., July 28, 2025 /PRNewswire/ -- First US Bank is proud to announce that Scott Cox has joined the Bank as its Senior Commercial Lending Executive. Cox is a highly accomplished commercial banker, bringing over 27 years of industry experience in corporate banking, business banking, and wealth management. Cox earned his bachelor's degree in economics from the University of North Carolina at Chapel Hill, and most recently served as East Region Market CEO for Commercial Banking Offices and Community Markets for BBVA USA. In his new role, Cox will be responsible for driving First US Bank's continued growth by leading a team of high-performing commercial lenders across key markets.