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First US Bancshares, Inc. Reports Third Quarter 2025 Results

BIRMINGHAM, Ala., Oct. 29, 2025 – First US Bancshares, Inc. (Nasdaq: FUSB), the parent company of First US Bank, proudly announced its financial results for the third quarter of 2025 today. The company has shown remarkable growth, reporting a net income of $1.9 million, equivalent to $0.32 per diluted share. This is a significant improvement compared to the $0.2 million, or $0.03 per diluted share, in the previous quarter, as well as a slight decrease from $2.2 million, or $0.36 per diluted share, from the same quarter in 2024.

For the nine months ended September 30, 2025, First US Bancshares recorded a total net income of $3.9 million, or $0.64 per diluted share, down from $6.5 million, or $1.04 per diluted share, reported for the same period last year. The quarterly summary highlights key financial figures that emphasize the Company's ongoing efforts to enhance its service and performance in the banking sector.

Key Financial Highlights

The reported interest income for Q3 2025 amounted to $15.281 million, slightly above the previous quarter's $14.854 million. In the same vein, net interest income showed a healthy increase as well, reaching $9.662 million compared to $9.476 million in Q2 2025. These figures indicate a continuous effort to optimize revenue generation through interest-earning assets.

In terms of credit quality, the provision for credit losses was significantly reduced to $566,000 in Q3 2025, down from $2.717 million in the previous quarter. This decrease reflects a positive shift, as earlier credit concerns with two commercial loans have now been largely resolved. Additionally, the net charge-offs linked to consumer loans have normalized, further strengthening the bank's asset quality.

Earnings Performance

CEO James F. House attributed the strong performance to the decreased provision for credit losses and increased net interest income. He remarked, “We returned to solid earnings during the third quarter, as the provision for credit losses on loans decreased substantially from the second quarter. The positive developments reflect the strong momentum our team has built as we move toward the end of the year.”

During Q3 2025, the bank also experienced an increase in pre-tax pre-provision net revenue, totaling $3.1 million, a notable rise from $2.9 million in the prior quarter. This improvement signals the bank's effective management strategy moving forward.

Asset Strategy and Deposits

First US Bancshares reported total loans of $867.5 million for the quarter, slightly down from $871.4 million in the second quarter of 2025. A focus on the consumer indirect lending segment has been a key highlight of this quarter, with average loans increasing significantly due to prior year growth. The average yield on loans for Q3 was reported at 6.10%, asserting a steady performance amid wider market fluctuations.

Furthermore, total deposits saw an increase of $15.6 million, representing a 1.6% growth during the same quarter, bolstered by growth in both interest-bearing and non-interest-bearing deposits. This consistent inflow of deposits is instrumental in supporting the bank's operational liquidity and stability.

Looking Ahead

In conclusion, First US Bancshares, Inc. demonstrates a resilient performance with improved asset quality, efficient management strategies, and maintained growth across the board. As the company continues to expand its operations with strategic renovations of its banking facilities, they aim to exceed client expectations and strengthen their market position further.

For further information, visit First US Bancshares' website or access the latest filings with the SEC online.