FIRST US BANCSHARES, INC. DECLARES CASH DIVIDEND
Dividend Announcement: First US Bancshares, Inc. declared a cash dividend of $0.07 per share, payable on January 2, 2026, to shareholders of record by December 12, 2025, marking the forty-sixth consecutive quarter of dividends.
Company Overview: First US Bancshares, Inc. operates banking offices in Alabama, Tennessee, and Virginia through First US Bank and is publicly traded on the Nasdaq under the symbol "FUSB."
Forward-Looking Statements: The press release includes forward-looking statements that involve risks and uncertainties, with management not obligated to update these statements except as required by law.
Dividend Policy Considerations: The payment of dividends is at the discretion of the Board of Directors and may change based on the Company's financial conditions, earnings, and other relevant factors.
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- Net Income Growth: In Q4 2025, First US Bancshares reported net income of $2.1 million, or $0.36 per diluted share, reflecting a 10% increase from Q3 2025 and a 24% increase from Q4 2024, indicating sustained profitability improvement.
- Loan Quality Improvement: The ratio of nonperforming assets to total assets decreased to 0.14% in Q4 2025 from 0.50% in Q4 2024, demonstrating effective credit management and enhancing market confidence in the company's financial health.
- Deposit Growth: Total deposits increased by $25.5 million, or 2.5%, in Q4 2025, primarily driven by growth in interest-bearing demand deposits and certificates of deposit, reflecting the company's success in attracting customer deposits.
- Increased Shareholder Equity: As of December 31, 2025, shareholder equity reached $105.648 million, or 9.15% of total assets, up from $98.624 million in 2024, showcasing the company's robust capital management and profitability performance.
- Net Income Growth: In Q4 2025, First US Bancshares reported net income of $2.1 million, or $0.36 per diluted share, reflecting a 10% increase from Q3 2025 and a 24% increase from Q4 2024, indicating sustained profitability improvement.
- Loan Portfolio Quality Improvement: Although total loans decreased by $14.5 million in Q4 2025, the overall loan balance increased by $30 million for the year due to significant growth in the consumer indirect category, demonstrating effective credit management.
- Deposit Growth: Total deposits rose by $25.5 million in Q4 2025, primarily driven by increases in interest-bearing demand deposits and certificates of deposit, showcasing the company's competitiveness in attracting deposits.
- Increase in Shareholder Equity: As of December 31, 2025, shareholder equity reached $105.648 million, or 9.15% of total assets, an increase from 2024, reflecting the company's robust performance in earnings and capital management.
Share Repurchase Program Expansion: First US Bancshares, Inc. has expanded its share repurchase program, authorizing an additional 1,000,000 shares for repurchase and extending the program's expiration to December 31, 2026.
Current Repurchase Status: The company has repurchased 1,389,972 shares to date, with 852,813 shares remaining available for repurchase under the program.
Regulatory Compliance: Share repurchases may occur through various methods, including open market transactions, and must comply with applicable regulatory requirements.
Forward-Looking Statements: The press release includes forward-looking statements that involve risks and uncertainties, which could affect the company's future performance and financial condition.
Dividend Announcement: First US Bancshares, Inc. declared a cash dividend of $0.07 per share, payable on January 2, 2026, to shareholders of record by December 12, 2025, marking the forty-sixth consecutive quarter of dividends.
Company Overview: First US Bancshares, Inc. operates banking offices in Alabama, Tennessee, and Virginia through First US Bank and is publicly traded on the Nasdaq under the symbol "FUSB."
Forward-Looking Statements: The press release includes forward-looking statements that involve risks and uncertainties, with management not obligated to update these statements except as required by law.
Dividend Policy Considerations: The payment of dividends is at the discretion of the Board of Directors and may change based on the Company's financial conditions, earnings, and other relevant factors.
Earnings Decline: FIRST US BANCSHARES INC reported a profit of $1.94 million for the third quarter, down from $2.22 million the previous year.
Earnings Per Share: The earnings per share (EPS) decreased to $0.32 from $0.36 year-over-year.
Revenue Growth: The company's revenue increased by 1.7% to $15.28 million, compared to $15.02 million last year.
Financial Summary: Key financial figures include earnings of $1.94 million, EPS of $0.32, and revenue of $15.28 million for the quarter.
New Director Appointment: First US Bancshares, Inc. has elected Nathan Gordon as a director of the Company and its subsidiary, First US Bank, effective August 27, 2025.
Professional Background: Mr. Gordon holds an accounting degree and a Masters of Accountancy from Auburn University, and a Juris Doctorate from Cumberland School of Law. He is currently an attorney with over thirteen years of experience in various areas of corporate law.
Committee Involvement: He will serve on multiple committees including the Asset/Liability Committee, Retail, Operations, Compliance Committee, and the Information Technology Steering Committee of the Bank Board.
Community Engagement: In addition to his professional role, Mr. Gordon is actively involved in community organizations, notably serving on the board of directors for the Albert Schweitzer Fellowship in Birmingham, Alabama.








