First US Bancshares, Inc. Reports Second Quarter 2019 Results
First US Bancshares, Inc. (FUSB)
US:NASDAQ Investor Relations:
firstusbank.com/investors
Company Research
Source: GlobeNewswire
BIRMINGHAM, Ala., July 29, 2019 (GLOBE NEWSWIRE) -- First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today reported net income of $1.0 million, or $0.15 per diluted share, for the quarter ended June 30, 2019, compared to $0.4 million, or $0.06 per diluted share, for the quarter ended June 30, 2018, an increase of 179.9%. The improvement in earnings compared to the 2018 period resulted primarily from additional earning assets and efficiencies of scale obtained through the previously-announced acquisition of The Peoples Bank (“TPB”). TPB was acquired by the Company and merged with the Bank on August 31, 2018. Compared to the first quarter of 2019, earnings in the second quarter of 2019 decreased by $0.2 million, primarily resulting from an increase in the provision for loan and lease losses due to increased loan volume during the second quarter. Net loans increased $8.8 million, or 7.0% on an annualized basis, during the se
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- FIRST US BANCSHARES, INC. ELECTS TWO NEW DIRECTORSPR Newswire
- First US Bancshares, Inc. Announces Expansion of Share Repurchase ProgramPR Newswire
- FIRST US BANCSHARES, INC. DECLARES CASH DIVIDENDPR Newswire
FUSB
Sec Filings
- 11/20/24 - Form 8-K
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- FUSB's page on the SEC website