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FIRST US BANCSHARES, INC. ELECTS NEW DIRECTOR

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management

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.

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Positive

  • Appointment of director with extensive legal and financial expertise
  • New director brings 13+ years of relevant experience in corporate law, M&A, and securities law
  • Addition of director with strong academic credentials and diverse skill set

Negative

  • None.

News Market Reaction 4 Alerts

+14.43% News Effect
$12.45 Close Price
+$9M Valuation Impact
$72M Market Cap
3.0x Rel. Volume

On the day this news was published, FUSB gained 14.43%, reflecting a significant positive market reaction. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. The stock closed at $12.45 on that trading session. This price movement added approximately $9M to the company's valuation, bringing the market cap to $72M at that time. Trading volume was very high at 3.0x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

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 a Juris Doctorate from Cumberland School of Law at Samford University in Birmingham and was admitted to the Alabama State Bar.

Mr. Gordon currently is an attorney with Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C. in Birmingham, Alabama and is a shareholder in the firm's Corporate Group.  Mr. Gordon has over thirteen years of experience in corporate law, mergers and acquisitions, real estate transactions, tax law, securities law, estate planning and administration, and general business law.

Mr. Gordon is actively involved in a number of community organizations, including the Albert Schweitzer Fellowship in Birmingham, Alabama, where he serves on the board of directors.

About First US Bancshares, Inc.

First US Bancshares, Inc. is a bank holding company that operates banking offices in Alabama, Tennessee, and Virginia through First US Bank.  The Company files periodic reports with the U.S. Securities and Exchange Commission (the "SEC").  Copies of its filings may be obtained through the SEC's website at www.sec.gov or at www.firstusbank.com.  More information about the Company and the Bank may be obtained at www.firstusbank.com.  The Company's stock is traded on the Nasdaq Capital Market under the symbol FUSB.

James F. House
205-582-1200

Cision View original content:https://www.prnewswire.com/news-releases/first-us-bancshares-inc-elects-new-director-302541130.html

SOURCE First US Bancshares, Inc.

FAQ

Who is the new director appointed to First US Bancshares (FUSB) board?

Nathan Gordon, a shareholder at Baker Donelson's Corporate Group, was appointed as director of First US Bancshares and First US Bank, effective August 27, 2025.

What committees will Nathan Gordon serve on at First US Bancshares (FUSB)?

Gordon will serve on three committees: the Asset/Liability Committee, Retail, Operations, and Compliance Committee, and the Information Technology Steering Committee.

What is Nathan Gordon's professional background?

Gordon is an attorney at Baker Donelson with over 13 years of experience in corporate law, M&A, real estate transactions, tax law, securities law, and business law. He holds degrees from Auburn University and Cumberland School of Law.

What are Nathan Gordon's educational qualifications?

Gordon graduated Summa Cum Laude from Auburn University with an accounting degree (2008), earned a Masters of Accountancy from Auburn (2009), and received a Juris Doctorate from Cumberland School of Law (2012).

What community involvement does Nathan Gordon have?

Gordon serves on the board of directors of the Albert Schweitzer Fellowship in Birmingham, Alabama.
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