Welcome to our dedicated page for First Us Bancsha news (Ticker: FUSB), a resource for investors and traders seeking the latest updates and insights on First Us Bancsha stock.
First US Bancshares, Inc. (NASDAQ: FUSB) is a bank holding company based in Birmingham, Alabama and the parent of First US Bank, which operates banking offices in Alabama, Tennessee, and Virginia. This news page aggregates Company announcements and third-party coverage related to FUSB, with a focus on its commercial banking activities and financial performance.
News about First US Bancshares, Inc. frequently includes quarterly and year-to-date financial results, where the Company reports net income, net interest income, provision for credit losses, non-interest income and expense, and key banking ratios such as net interest margin, efficiency ratio, and returns on average assets and equity. These releases also provide detailed tables covering loan and deposit balances, asset quality metrics, and capital measures.
Investors and analysts following FUSB can use this page to monitor updates on the Company’s loan portfolio, including real estate, commercial and industrial, and consumer direct and indirect loans. The Company’s disclosures highlight the role of its indirect consumer lending platform, which finances collateral such as boats, recreational vehicles, campers, horse trailers and cargo trailers, and has influenced provisions for credit losses and loan growth trends.
Additional news items cover capital management actions such as cash dividend declarations and changes to the share repurchase program, including expansions of authorized repurchase amounts and extensions of program duration. Governance and leadership developments, such as the election of new directors to the Board of Directors of the Company and First US Bank or the appointment of senior commercial lending executives and market leaders, also appear in press releases.
By reviewing the articles linked on this page, readers can track how First US Bancshares, Inc. communicates its financial results, capital decisions, board and management changes, and other material events that it reports through press releases and SEC filings.
First US Bancshares (Nasdaq: FUSB) declared a cash dividend of $0.07 per share. The dividend is payable on April 1, 2026 to shareholders of record at close of business on March 13, 2026. This marks the 47th consecutive quarter the company has paid a dividend; management said it will continue evaluating future payments while maintaining a strong capital base.
First US Bancshares (Nasdaq: FUSB) reported 4Q2025 net income of $2.1 million ($0.36 diluted), a 10% sequential increase and 24% year-over-year improvement. Full-year 2025 net income was $6.0 million versus $8.2 million in 2024. Nonperforming assets fell to 0.14% of assets and ACL was 1.25%. Net interest margin was 3.46% for 4Q2025. Deposits totaled $1.028 billion and total loans were $853.0 million at quarter end.
First US Bancshares (Nasdaq: FUSB) announced that its Board expanded the existing share repurchase program on Nov 19, 2025. The company has repurchased 1,389,972 shares to date and had 852,813 shares available prior to this action. The Board authorized an additional 1,000,000 shares for repurchase and extended the program expiration from Dec 31, 2025 to Dec 31, 2026.
Repurchases may be executed via open market or negotiated transactions, including under Rule 10b5-1 and Rule 10b-18, are subject to regulatory requirements, do not obligate the company to buy a set number of shares, and may be suspended at the company’s discretion.
First US Bancshares (Nasdaq:FUSB) announced a $0.07 per share cash dividend payable on January 2, 2026 to shareholders of record at the close of business on December 12, 2025. The board said this marks the 46th consecutive quarter the company has paid a dividend and that it will continue to evaluate future dividend payments while maintaining a strong capital base.
First US Bancshares (Nasdaq: FUSB) reported 3Q2025 net income of $1.9M ($0.32 diluted), up from $0.16M in 2Q2025 and down from $2.2M in 3Q2024. YTD net income is $3.9M versus $6.5M a year earlier. Provision for credit losses fell to $0.6M in 3Q2025 from $2.7M in 2Q2025 as previously identified commercial credit issues were largely resolved. Key balances: total loans $867.5M, total deposits $1.002B, ACL 1.23% of loans, and net charge-offs $1.3M in the quarter.
First US Bancshares (NASDAQ: FUSB) has announced the appointment of Nathan Gordon to its Board of Directors, effective August 27, 2025. Gordon will serve on multiple board committees including the Asset/Liability Committee, Retail, Operations, and Compliance Committee, and the Information Technology Steering Committee.
Gordon brings significant expertise as a shareholder in Baker Donelson's Corporate Group, with over 13 years of experience in corporate law, mergers and acquisitions, securities law, and other business-related legal areas. He holds degrees from Auburn University, including a Summa Cum Laude accounting degree and Masters of Accountancy, as well as a Juris Doctorate from Cumberland School of Law.
First US Bancshares (NASDAQ:FUSB) has declared a quarterly cash dividend of $0.07 per share, continuing its streak of dividend payments for the forty-fifth consecutive quarter. The dividend will be payable on October 1, 2025, to shareholders of record as of September 12, 2025.
CEO James F. House emphasized the company's commitment to rewarding shareholders while maintaining a strong capital foundation.
First US Bank (FUSB) has announced the appointment of Mac Greene as a commercial loan officer in Birmingham. Greene brings 18 years of banking experience in the Birmingham market, having previously served as Commercial Relationship Manager at Progress Bank, Candence Bank, and Colony Bank.
The Auburn University graduate will join the bank's commercial lending team, where he will focus on providing tailored banking solutions for business clients. Scott Cox, First US Bank's Senior Commercial Lending Executive, expressed confidence in Greene's expertise and seasoned banking experience.
First US Bank (NASDAQ:FUSB) has appointed Warren Giardina as its new Birmingham Market Executive. Giardina, a Birmingham native and University of Alabama graduate, brings over 26 years of commercial lending experience to the role.
Prior to joining First US Bank, Giardina held leadership positions at PNC Bank, Colony Bank, and Southern States Bank. In his new role, he will focus on expanding First US Bank's presence in central Alabama, leveraging his extensive experience in relationship building and commercial lending in the Birmingham market.
First US Bancshares (NASDAQ:FUSB) reported Q2 2025 net income of $0.2 million ($0.03 per diluted share), down significantly from $1.8 million in Q1 2025 and $2.1 million in Q2 2024. The decline was primarily due to a substantial $2.7 million provision for credit losses.
Key metrics include: Net interest margin increased to 3.59% (up 6 basis points from Q1), total loans grew by 2.7% to $871.4 million, and total deposits increased by 2.6% to $986.8 million. The company's loan growth was primarily driven by a $25.1 million increase in consumer indirect loans and $12.4 million growth in multi-family residential real estate.
Asset quality metrics showed some deterioration with net charge-offs increasing to 0.79% of average loans in Q2 2025, compared to 0.13% in Q1 2025, primarily due to a $1.2 million partial charge-off of one commercial loan and increased indirect portfolio losses.