---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-007429"
form_type: "8-K"
ticker: "FUSB"
cik: "0000717806"
company_name: "FIRST US BANCSHARES, INC."
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:45:54.613981+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First US Bancshares Q4 EPS $0.36; FY2023 diluted EPS up 25.5% YoY to $1.33

## Summary
- Q4 net income $2.3M ($0.36 diluted EPS) vs $2.1M ($0.33) in Q3 and $2.2M ($0.35) in Q4 2022.
- FY2023 net income $8.5M ($1.33 EPS) up from $6.9M ($1.06 EPS) in FY2022; EPS growth of 25.5%.
- Net interest margin compressed to 3.67% in Q4 from 3.79% in Q3 and 4.27% in Q4 2022.
- Total loans grew 6.2% YoY to $821.8M; deposits rose to $950.2M; ALC dissolved in December 2023.
- Declared $0.05 per share cash dividend; repurchased 137,500 shares at $10.34 each in Q4.

## SEC filing metadata
- accession: 0000950170-24-007429
- form_type: 8-K
- ticker: FUSB
- cik: 0000717806
- company_name: FIRST US BANCSHARES, INC.
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717806/000095017024007429/0000950170-24-007429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717806/000095017024007429/fusb-20240124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-007429
- JSON: https://secwatch.observer/filing/0000950170-24-007429.json
- Plain text: https://secwatch.observer/filing/0000950170-24-007429.txt

## Key facts
- Earnings Releases
  FIRST US BANCSHARES, INC. reported the quarter ended December 31, 2023 results: net income $2.3 million, EPS $0.36 per diluted share.
  - Period: the quarter ended December 31, 2023
  - Net income: $2.3 million
  - EPS: $0.36 per diluted share
  - Result: reported results
  source text: First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today reported net income of $2.3 million, or $0.36 per diluted share, for the quarter ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/717806/000095017024007429/0000950170-24-007429-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.