First US Bancshares Inc
NASDAQ:FUSB

  • LAST PRICE
    10.1150
  • TODAY'S CHANGE (%)
    0.2450 (2.4823%)
  • Bid / Lots
    6.5000/ 10
  • Ask / Lots
    12.2500/ 1
  • Open / Previous Close
    9.9800 / 9.8700
  • Day Range
    9.9800
    10.1150
  • 52 Week Range
    6.6108
    10.7100
  • Volume
    1,146

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  • Apr 24, 2024

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    • 4:15PM ET on Wednesday Apr 24, 2024 by PR Newswire
      Companies Mentioned: FUSB

      First Quarter Highlights:

      First USBancshares, Inc. (Nasdaq: FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $2.1 million, or $0.34 per diluted share, for the quarter ended March31, 2024 ("1Q2024"), compared to $2.3 million, or $0.36 per diluted share, for the quarter ended December 31, 2023 ("4Q2023") and $2.1 million, or $0.33 per diluted share, for the quarter ended March31, 2023 ("1Q2023").

    • 4:15PM ET on Wednesday Apr 24, 2024 by Dow Jones
      Companies Mentioned: FUSB

      The unused lendable collateral value at the FHLB presented in the table represents only the amount immediately available to the Company from loans already pledged by the Company to the FHLB as of each consolidated balance sheet date presented. As of March 31, 2024 and December 31, 2023, the Company's total remaining credit availability with the FHLB was $276.8 million and $279.4 million, respectively, subject to the pledging of additional collateral which may include eligible investment securities and loans. In addition, the Company has access to additional sources of liquidity that generally could be obtained over a period of time. For example, the Company has access to unsecured brokered deposits through the wholesale funding markets. Management believes the Company's on-balance sheet and other readily available liquidity provide strong indicators of the Company's ability to fund obligations in a stressed liquidity environment.

    • 4:15PM ET on Wednesday Apr 24, 2024 by Dow Jones
      Companies Mentioned: FUSB

      The unused lendable collateral value at the FHLB presented in the table represents only the amount immediately available to the Company from loans already pledged by the Company to the FHLB as of each consolidated balance sheet date presented. As of March 31, 2024 and December 31, 2023, the Company's total remaining credit availability with the FHLB was $276.8 million and $279.4 million, respectively, subject to the pledging of additional collateral which may include eligible investment securities and loans. In addition, the Company has access to additional sources of liquidity that generally could be obtained over a period of time. For example, the Company has access to unsecured brokered deposits through the wholesale funding markets. Management believes the Company's on-balance sheet and other readily available liquidity provide strong indicators of the Company's ability to fund obligations in a stressed liquidity environment.

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