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
BIRMINGHAM, Ala., Nov. 20, 2024 /PRNewswire/ -- First US Bancshares, Inc. (the "Company") (NASDAQ:FUSB) announced today that the Company's Board of Directors has elected Staci M. Pierce, J. D. and Tracy E. Thompson as directors of the Company and its subsidiary, First US Bank (the "Bank"), effective immediately. Ms. Pierce will serve on the Compensation Committee of the Board of Directors of the Company and the Directors' Loan Committee of the Board of Directors of the Bank (the "Bank Board"). Mr. Thompson will serve on the Directors' Loan Committee and the newly-created Tennessee New Business Committee of the Bank Board. Ms. Pierce graduated Summa Cum Laude from Birmingham Southern Colle
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
BIRMINGHAM, Ala., Aug. 28, 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 $0.05 per share. The dividend is payable on October 1, 2024, to shareholders of record at the close of business on September 13, 2024. "We are pleased to announce a dividend for the forty-first 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 Bancsh
BIRMINGHAM, Ala., July 24, 2024 /PRNewswire/ -- Second Quarter Highlights: Net Income Diluted Earnings per share Return on average assets(annualized) Return on average common equity (annualized) Return on average tangible common equity (annualized)(1) Loans to deposits $2.1 million $0.34 0.80 % 9.23 % 10.05 % 85.8 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $2.1 million, or $0.34 per diluted share, for the quarter ended June 30, 2024 ("2Q2024"), compared to $2.1 million, or $0.34 per diluted share, for the quarter ended March 31, 2024 ("1Q2024") and $2.0 million, or $0.31 per diluted share, for the
BIRMINGHAM, Ala., July 24, 2024 /PRNewswire/ -- First US Bancshares, Inc. (the "Company") (NASDAQ:FUSB) announced today that the Company's Board of Directors has elected Robert C. Field as a director of the Company and its subsidiary, First US Bank (the "Bank"), effective immediately. Mr. Field will serve on the Audit Committee of the Board of Directors of the Company and the Asset/Liability Committee of the Board of Directors of the Bank. Mr. Field graduated Magna Cum Laude from the University of Alabama and holds a Bachelor of Science Degree in Commerce and Business Administration. Mr. Field is a partner, with more than 35 years of experience, with the Welden-Field group of companies whic
BIRMINGHAM, Ala., May 22, 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 $0.05 per share. The dividend is payable on July 1, 2024, to shareholders of record at the close of business on June 7, 2024. "We are pleased to announce a dividend for the fortieth 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, Inc. is
BIRMINGHAM, Ala., April 24, 2024 /PRNewswire/ -- First Quarter Highlights: Net Income Diluted Earnings per share Return on average assets (annualized) Return on average common equity (annualized) Return on average tangible common equity (annualized) (1) Loans to deposits $2.1 million $0.34 0.80 % 9.25 % 10.08 % 87.2 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $2.1 million, or $0.34 per diluted share, for the quarter ended March 31, 2024 ("1Q2024"), compared to $2.3 million, or $0.36 per diluted share, for the quarter ended December 31, 2023 ("4Q2023") and $2.1 million, or $0.33 per diluted share, f
BIRMINGHAM, Ala., Feb. 21, 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 $0.05 per share. The dividend is payable on April 1, 2024, to shareholders of record at the close of business on March 8, 2024. "We are pleased to announce a dividend for the thirty-ninth 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,
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4 - FIRST US BANCSHARES, INC. (0000717806) (Issuer)
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8-K - FIRST US BANCSHARES, INC. (0000717806) (Filer)
8-K - FIRST US BANCSHARES, INC. (0000717806) (Filer)
10-Q - FIRST US BANCSHARES, INC. (0000717806) (Filer)
8-K - FIRST US BANCSHARES, INC. (0000717806) (Filer)
8-K - FIRST US BANCSHARES, INC. (0000717806) (Filer)
8-K - FIRST US BANCSHARES, INC. (0000717806) (Filer)
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First US Bancshares (NASDAQ:FUSB) reported quarterly earnings of $0.34 per share. This is a 3.03 percent increase over earnings of $0.33 per share from the same period last year.
First US Bancshares (NASDAQ:FUSB) reported quarterly earnings of $0.36 per share. This is a 2.86 percent increase over earnings of $0.35 per share from the same period last year.
First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), a Delaware corporation based in Birmingham, Alabama, announced today that its Board of Directors has extended the Company's existing share repurchase program. The share repurchase program, which was previously set to expire on December 31, 2023, has been extended to expire on December 31, 2024. The Company has repurchased 1,045,972 shares of its common stock to date under the repurchase program and 596,813 shares remain available for repurchase. The Company most recently repurchased shares pursuant to the program during the third quarter of 2022.Share repurchases under the repurchase program may be made through open market transacti
Wednesday marks the last chance for investors to receive the next dividend payout from First US Bancshares (NASDAQ:FUSB). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 5 cents per share. On Thursday, First US Bancshares will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own FUSB as of the end of Wednesday's session are eligible to receive the 5
First US Bancshares (NASDAQ:FUSB) reported quarterly earnings of $0.31 per share. This is a 40.91 percent increase over earnings of $0.22 per share from the same period last year.
Wednesday marks the last chance for investors to receive the next dividend payout from First US Bancshares (NASDAQ:FUSB). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 5 cents per share. On Thursday, First US Bancshares will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own FUSB as of the end of Wednesday's session are eligible to receive the 5 c
First US Bancshares (NASDAQ:FUSB) reported quarterly earnings of $0.33 per share. This is a 65 percent increase over earnings of $0.20 per share from the same period last year. The company reported $10.26 million in sales this quarter. This is a 7.60 percent increase over sales of $9.54 million the same period last year.
First US Bancshares (NASDAQ:FUSB) reported quarterly earnings of $0.35 per share. This is a 59.09 percent increase over earnings of $0.22 per share from the same period last year.
First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), a Delaware corporation based in Birmingham, Alabama, announced today that its Board of Directors has extended the Company's existing share repurchase program. The share repurchase program, which was previously set to expire on December 31, 2022, has been extended to expire on December 31, 2023. The Company has repurchased 1,045,972 shares of its common stock to date under the repurchase program and 596,813 shares remain available for repurchase. The Company most recently repurchased shares pursuant to the program during the third quarter of 2022.
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
BIRMINGHAM, Ala., Aug. 28, 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 $0.05 per share. The dividend is payable on October 1, 2024, to shareholders of record at the close of business on September 13, 2024. "We are pleased to announce a dividend for the forty-first 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 Bancsh
BIRMINGHAM, Ala., July 24, 2024 /PRNewswire/ -- Second Quarter Highlights: Net Income Diluted Earnings per share Return on average assets(annualized) Return on average common equity (annualized) Return on average tangible common equity (annualized)(1) Loans to deposits $2.1 million $0.34 0.80 % 9.23 % 10.05 % 85.8 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $2.1 million, or $0.34 per diluted share, for the quarter ended June 30, 2024 ("2Q2024"), compared to $2.1 million, or $0.34 per diluted share, for the quarter ended March 31, 2024 ("1Q2024") and $2.0 million, or $0.31 per diluted share, for the
BIRMINGHAM, Ala., May 22, 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 $0.05 per share. The dividend is payable on July 1, 2024, to shareholders of record at the close of business on June 7, 2024. "We are pleased to announce a dividend for the fortieth 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, Inc. is
BIRMINGHAM, Ala., April 24, 2024 /PRNewswire/ -- First Quarter Highlights: Net Income Diluted Earnings per share Return on average assets (annualized) Return on average common equity (annualized) Return on average tangible common equity (annualized) (1) Loans to deposits $2.1 million $0.34 0.80 % 9.25 % 10.08 % 87.2 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $2.1 million, or $0.34 per diluted share, for the quarter ended March 31, 2024 ("1Q2024"), compared to $2.3 million, or $0.36 per diluted share, for the quarter ended December 31, 2023 ("4Q2023") and $2.1 million, or $0.33 per diluted share, f
BIRMINGHAM, Ala., Feb. 21, 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 $0.05 per share. The dividend is payable on April 1, 2024, to shareholders of record at the close of business on March 8, 2024. "We are pleased to announce a dividend for the thirty-ninth 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. 25, 2024 /PRNewswire/ -- Fourth Quarter Highlights: Net Income Diluted Earnings per share Return on average assets (annualized) Return on average common equity (annualized) Return on average tangible common equity (annualized) (1) Loans to deposits $2.3 million $0.36 0.86 % 10.31 % 11.29 % 86.5 % First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $2.3 million, or $0.36 per diluted share, for the quarter ended December 31, 2023 ("4Q2023"), compared to $2.1 million, or $0.33 per diluted share, for the quarter ended September 30, 2023 ("3Q2023") and $2.2 million, or $0.35 per diluted sha
BIRMINGHAM, Ala., Nov. 15, 2023 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), a Delaware corporation based in Birmingham, Alabama, announced today that its Board of Directors has extended the Company's existing share repurchase program. The share repurchase program, which was previously set to expire on December 31, 2023, has been extended to expire on December 31, 2024. The Company has repurchased 1,045,972 shares of its common stock to date under the repurchase program and 596,813 shares remain available for repurchase. The Company most recently repurchased shares pursuant to the program during the third quarter of 2022. Share repurchases under the repurchase