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First US Bancshares, Inc. Reports Strong Q4 2025 Results

First US Bancshares, Inc. (Nasdaq: FUSB), the parent company of First US Bank, has released its financial results for the fourth quarter and the entire year of 2025. In a notable achievement, the company recorded a net income of $2.1 million, translating to $0.36 per diluted share for the quarter ending December 31, 2025. This marks a significant improvement of 10% compared to the third quarter, and a 24% increase over the same quarter last year.

The financial highlights underscore the company's resilience amidst a challenging economic backdrop. For the fiscal year, First US Bancshares achieved a total net income of $6.0 million, or $1.00 per diluted share, compared to $8.2 million, or $1.33 per diluted share, in the prior year.

Key Financial Metrics

A detailed breakdown of critical financial metrics reveals important trends:

• - Interest Income: Increased marginally from $15.281 million in Q3 2025 to $15.262 million in Q4 2025. The total interest income for the year stands at $59.415 million.
• - Net Interest Income: The net interest income saw a slight decline to $9.423 million for Q4 2025, while annual net interest income grew to $37.458 million, an improvement from the previous year.
• - Provision for Credit Losses: The company recorded a provision of $0.2 million in the fourth quarter, significantly low compared to the $0.57 million in the preceding quarter. For the year, the total provision amounted to $4.0 million.

Notable Improvements

In his commentary, James F. House, the President and CEO of First US Bancshares, expressed satisfaction with the quarter's performance. He highlighted improvements in credit metrics, with a significant decrease in net charge-offs and nonperforming assets. House noted, "We have built momentum over the past few quarters, and despite the challenges we faced in 2025, we are optimistic about the company’s prospects moving into 2026."

The company's total assets increased to approximately $1.15 billion, driven in part by a growth in total deposits, which rose by $25.5 million during the fourth quarter, reflecting strategic initiatives undertaken by the institution to enhance liquidity and deposit gathering.

Loan Portfolio Dynamics

First US Bancshares' focus on managing its loan portfolio effectively is evident as the total loans decreased by $14.5 million in the fourth quarter, with notable declines in commercial real estate and construction loans. However, there was substantial growth in consumer lending categories, demonstrating an overall annual increase of $30.0 million, or 3.6% for the year ending December 31, 2025.

The average credit score for new indirect loans reportedly stood at 797, highlighting the company's move to target higher-quality borrowers. This approach is reflected in the strong performance of their indirect lending portfolio, which includes collateral such as boats and recreational vehicles.

Looking Ahead

As the company looks to 2026, it emphasizes continued improvements across key performance indicators. With a resilient Tier 1 capital ratio of 10.88%, First US Bancshares is positioned well above the regulatory requirements, providing a solid foundation for future growth.

In conclusion, First US Bancshares, Inc.'s report illustrates its capability to adapt and thrive in a competitive financial landscape, reinforced by a strategic focus on quality assets and prudent financial management. Investors and stakeholders can look forward to the company's ongoing commitment to enhancing shareholder value and operational efficiency in the coming year.

For more detailed insights into First US Bancshares, Inc., their quarterly reports are available on the official website and through the SEC filings.