NASDAQ : FUSB
First US Bancshares, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 16.61 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 91.43M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 51.18M | 51.85M | 51.47M | 47.75M | 38.02M | 38.23M |
| Interest Income on Investments | 8.78M | 7.57M | 6.79M | 5.06M | 3.18M | 1.69M |
| Total Interest Income | 59.97M | 59.41M | 58.26M | 52.81M | 41.20M | 39.92M |
| Interest Paid on Deposits | 21.04M | 20.90M | 21.55M | 14.35M | 3.38M | 2.67M |
| Interest Paid on Borrowings | 941.00K | 1.05M | 562.00K | 1.11M | 874.00K | 281.00K |
| Total Interest Expense | 21.98M | 21.96M | 22.11M | 15.46M | 4.26M | 2.95M |
| Net Interest Income | 37.99M | 37.46M | 36.15M | 37.35M | 36.94M | 36.97M |
| Gain (Loss) on Sale of Assets | 17.00K | 301.00K | -131.00K | |||
| Gain (Loss) on Sale of Investments | 450.00K | 22.00K | ||||
| Other Non-Interest Income | 2.50M | 2.44M | 2.35M | 2.17M | 2.00M | 2.41M |
| Total Non-Interest Income | 4.12M | 3.58M | 3.58M | 3.38M | 3.45M | 3.37M |
| Revenues Before Loan Losses | 42.11M | 41.04M | 39.73M | 40.73M | 40.39M | 40.34M |
| Provision for Loan Losses | 2.00M | 4.03M | 622.00K | 319.00K | 3.31M | 2.01M |
| Revenue | 40.11M | 37.01M | 39.11M | 40.41M | 37.08M | 38.33M |
| Salaries and Employee Benefits | 14.87M | 14.53M | 14.84M | 15.48M | 15.93M | 18.72M |
| Occupancy Expenses | 3.47M | 3.34M | 3.20M | 3.02M | 2.85M | 3.39M |
| Selling, General & Administrative | 4.16M | 4.26M | 4.05M | 3.92M | 3.62M | 4.71M |
| Other Non-Interest Expense | 7.47M | 6.95M | 6.26M | 6.72M | 5.67M | 5.79M |
| Total Non-Interest Expense | 29.97M | 29.07M | 28.36M | 29.14M | 28.07M | 32.61M |
| EBT Excluding Unusual Items | 10.14M | 7.94M | 10.75M | 11.27M | 9.01M | 5.73M |
| Pretax Income | 10.14M | 7.94M | 10.75M | 11.27M | 9.01M | 5.73M |
| Income Tax Expense | 2.35M | 1.94M | 2.58M | 2.79M | 2.15M | 1.27M |
| Net Income | 7.79M | 5.99M | 8.17M | 8.48M | 6.86M | 4.45M |
| Net Income to Common | 7.79M | 5.99M | 8.17M | 8.48M | 6.86M | 4.45M |
| Basic Shares Outstanding | 5.63M | 5.82M | 5.85M | 5.96M | 6.08M | 6.32M |
| Diluted Shares Outstanding | 5.72M | 6.00M | 6.12M | 6.38M | 6.50M | 6.74M |
| EPS (Basic) | 1.38 | 1.03 | 1.40 | 1.42 | 1.13 | 0.70 |
| EPS (Diluted) | 1.36 | 1.00 | 1.33 | 1.33 | 1.06 | 0.66 |
| Dividend Per Share | 0.28 | 0.28 | 0.22 | 0.20 | 0.14 | 0.12 |
| Effective Tax Rate | 23.21% | 24.50% | 24.03% | 24.72% | 23.84% | 22.27% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 66.43M | 78.40M | 52.94M | 59.75M | 31.92M | 61.33M |
| Investment Securities | 194.71M | 55.02M | 71.10M | 82.33M | 75.84M | 61.01M |
| Trading Asset Securities | 1.07M | 696.00K | 2.31M | |||
| Mortgage-Backed Securities | 113.52M | 97.47M | 54.34M | 56.82M | 73.31M | |
| Total Investments | 194.71M | 169.61M | 169.27M | 136.67M | 134.96M | 134.32M |
| Gross Loans | 845.04M | 853.02M | 823.04M | 821.79M | 773.87M | 710.94M |
| Allowance for Loan Losses | -10.99M | -10.70M | -10.18M | -10.51M | -9.42M | -8.32M |
| Other Adjustments to Gross Loans | -2.59M | |||||
| Net Loans | 834.05M | 842.31M | 812.86M | 811.28M | 764.45M | 700.03M |
| Property, Plant & Equipment | 27.04M | 27.86M | 26.72M | 26.42M | 26.32M | 27.37M |
| Goodwill | 7.43M | 7.43M | 7.43M | 7.43M | 7.43M | 7.43M |
| Other Intangible Assets | 49.00K | 171.00K | 366.00K | 634.00K | ||
| Accrued Interest Receivable | 3.90M | 3.92M | 3.59M | 3.98M | 3.01M | 2.56M |
| Long-Term Deferred Tax Assets | 2.83M | 4.06M | 5.34M | 5.14M | 2.45M | |
| Other Real Estate Owned & Foreclosed | 134.00K | 856.00K | 1.71M | 902.00K | 769.00K | 2.30M |
| Other Long-Term Assets | 29.12M | 20.78M | 21.20M | 19.79M | 18.93M | 19.01M |
| Total Assets | 1.16B | 1.15B | 1.10B | 1.07B | 994.67M | 958.30M |
| Interest Bearing Deposits | 852.80M | 607.78M | 586.35M | 570.04M | 539.48M | 545.50M |
| Institutional Deposits | 266.37M | 230.26M | 226.56M | 160.73M | 118.13M | |
| Non-Interest Bearing Deposits | 162.27M | 153.81M | 155.94M | 153.59M | 169.82M | 174.50M |
| Total Deposits | 1.02B | 1.03B | 972.56M | 950.19M | 870.02M | 838.13M |
| Short-Term Borrowings | 30.00M | 152.00K | 10.05M | 10.12M | 20.04M | 10.82M |
| Current Portion of Leases | 419.00K | |||||
| Accrued Interest Payable | 1.49M | 2.53M | 1.75M | 2.03M | 607.00K | 224.00K |
| Long-Term Debt | 11.00M | 10.95M | 10.87M | 10.80M | 10.73M | 10.65M |
| Long-Term Leases | 1.22M | 1.97M | 2.06M | 1.96M | 2.32M | |
| Other Long-Term Liabilities | 10.66M | 5.91M | 5.26M | 7.15M | 6.17M | 6.10M |
| Total Liabilities | 1.07B | 1.05B | 1.00B | 982.35M | 909.53M | 868.24M |
| Common Stock | 80.00K | 79.00K | 78.00K | 75.00K | 75.00K | 75.00K |
| Additional Paid-In Capital | 16.58M | 16.00M | 15.54M | 14.97M | 14.51M | 14.16M |
| Retained Earnings | 125.76M | 121.25M | 116.86M | 109.96M | 104.46M | 98.43M |
| Treasury Stock | -41.18M | -30.91M | -29.52M | -27.98M | -26.67M | -22.33M |
| Comprehensive Income & Other | -4.62M | -780.00K | -4.34M | -6.43M | -7.24M | -276.00K |
| Total Common Equity | 96.62M | 105.65M | 98.62M | 90.59M | 85.14M | 90.06M |
| Shareholders' Equity | 96.62M | 105.65M | 98.62M | 90.59M | 85.14M | 90.06M |
| Total Liabilities & Equity | 1.16B | 1.15B | 1.10B | 1.07B | 994.67M | 958.30M |
| Total Debt | 41.00M | 12.74M | 22.90M | 22.97M | 32.73M | 23.79M |
| Net Cash (Debt) | 25.43M | 66.72M | 30.74M | 36.78M | 1.50M | 37.54M |
| Net Cash Per Share | 4.45 | 11.12 | 5.02 | 5.77 | 0.23 | 5.57 |
| Filing Date Shares Outstanding | 5.13M | 5.65M | 5.76M | 5.79M | 5.87M | 6.16M |
| Total Common Shares Outstanding | 5.13M | 5.70M | 5.70M | 5.74M | 5.81M | 6.17M |
| Book Value Per Share | 18.82 | 18.54 | 17.31 | 15.80 | 14.65 | 14.59 |
| Tangible Book Value | 89.18M | 98.21M | 91.14M | 82.99M | 77.33M | 82.00M |
| Tangible Book Value Per Share | 17.37 | 17.23 | 16.00 | 14.47 | 13.31 | 13.28 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 5.99M | 8.17M | 8.48M | 6.86M | 4.45M | |
| Depreciation & Amortization | 1.74M | 1.71M | 1.78M | 1.88M | 2.03M | |
| Gain (Loss) on Sale of Investments | -750.00K | -281.00K | 28.00K | 278.00K | 316.00K | |
| Total Asset Writedown | 194.00K | 151.00K | 621.00K | -207.00K | -53.00K | |
| Provision for Credit Losses | 4.03M | 622.00K | 319.00K | 3.31M | 2.01M | |
| Accrued Interest Receivable | -328.00K | 388.00K | -965.00K | -455.00K | 251.00K | |
| Change in Other Net Operating Assets | 67.00K | -3.06M | -355.00K | 34.00K | 850.00K | |
| Other Operating Activities | -144.00K | -281.00K | 1.14M | -43.00K | -401.00K | |
| Operating Cash Flow | 12.32M | 7.76M | 13.07M | 12.53M | 9.82M | |
| Capital Expenditures | -3.24M | -2.10M | -1.46M | -1.26M | -822.00K | |
| Sale of Property, Plant and Equipment | 1.97M | 869.00K | 497.00K | 3.08M | 2.06M | |
| Investment in Securities | 6.53M | -29.00M | -2.28M | -9.91M | -44.71M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -34.72M | -3.81M | -49.65M | -69.94M | -65.11M | |
| Other Investing Activities | 1.34M | 3.69M | -7.55M | -2.17M | 268.00K | |
| Investing Cash Flow | -28.12M | -30.35M | -60.45M | -80.20M | -108.31M | |
| Short-Term Debt Issued | 9.99M | 29.00K | ||||
| Long-Term Debt Issued | 10.65M | |||||
| Total Debt Issued | 9.99M | 10.68M | ||||
| Short-Term Debt Repaid | -10.00M | -10.04M | ||||
| Total Debt Repaid | -10.00M | -10.04M | ||||
| Net Debt Issued (Repaid) | -10.00M | -10.04M | 9.99M | 10.68M | ||
| Repurchase of Common Stock | -1.76M | -1.64M | -1.42M | -4.48M | -525.00K | |
| Common Dividends Paid | -1.61M | -1.26M | -1.18M | -832.00K | -745.00K | |
| Net Increase (Decrease) in Deposit Accounts | 55.41M | 22.37M | 80.17M | 31.90M | 55.91M | |
| Other Financing Activities | 93.00K | 64.00K | -25.00K | -7.00K | ||
| Financing Cash Flow | 42.13M | 19.52M | 67.51M | 36.58M | 65.32M | |
| Net Cash Flow | 26.33M | -3.06M | 20.13M | -31.09M | -33.17M | |
| Free Cash Flow | 9.08M | 5.66M | 11.60M | 11.27M | 9.00M | |
| Free Cash Flow Margin | 24.55% | 14.47% | 28.71% | 30.38% | 23.49% | |
| Free Cash Flow Per Share | 1.51 | 0.93 | 1.82 | 1.73 | 1.34 | |
| Cash Interest Paid | 21.18M | 22.39M | 14.03M | 3.87M | 3.02M | |
| Cash Income Tax Paid | 1.54M | 2.80M | 2.38M | 2.85M | 1.38M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 84.72M | 80.56M | 71.96M | 60.57M | 50.45M | 65.73M |
| Last Close Price | 16.50 | 13.79 | 12.16 | 9.77 | 8.03 | 9.64 |
| PE Ratio | 12.10 | 13.45 | 8.81 | 7.14 | 7.35 | 14.77 |
| PS Ratio | 2.11 | 2.18 | 1.84 | 1.50 | 1.36 | 1.72 |
| PB Ratio | 0.88 | 0.76 | 0.73 | 0.67 | 0.59 | 0.73 |
| P/FCF Ratio | 9.70 | 8.87 | 12.71 | 5.22 | 4.48 | 7.30 |
| P/OCF Ratio | 7.39 | 6.54 | 9.27 | 4.63 | 4.03 | 6.69 |
| Debt / Equity Ratio | 0.42 | 0.12 | 0.23 | 0.25 | 0.38 | 0.26 |
| Debt / FCF Ratio | 1.40 | 4.04 | 1.98 | 2.90 | 2.64 | |
| Net Debt / Equity Ratio | -0.26 | -0.63 | -0.31 | -0.41 | -0.02 | -0.42 |
| Net Debt / FCF Ratio | -7.34 | -5.43 | -3.17 | -0.13 | -4.17 | |
| Return on Equity (ROE) | 7.75% | 5.87% | 8.64% | 9.66% | 7.84% | 5.04% |
| Return on Assets (ROA) | 0.67% | 0.53% | 0.75% | 0.82% | 0.70% | 0.48% |
| Earnings Yield | 8.26% | 7.44% | 11.35% | 14.01% | 13.61% | 6.77% |
| FCF Yield | 10.31% | 11.28% | 7.87% | 19.16% | 22.33% | 13.70% |
| Dividend Yield | 1.70% | 1.98% | 1.74% | 1.89% | 1.61% | 1.13% |
| Payout Ratio | 20.54% | 26.84% | 15.47% | 13.85% | 12.12% | 16.74% |
| Buyback Yield / Dilution | 5.09% | 1.89% | 4.05% | 1.96% | 3.50% | -0.55% |
| Total Shareholder Return | 6.79% | 3.87% | 5.79% | 3.85% | 5.11% | 0.57% |