---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-086068"
form_type: "8-K"
ticker: "FUSB"
cik: "0000717806"
company_name: "FIRST US BANCSHARES, INC."
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:38:33.486288+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First US Bancshares Q2 net income $2.1M ($0.34 EPS); net interest margin expands for first time since 2022

## Summary
- Net income $2.1M ($0.34 diluted EPS) flat QoQ, up from $0.31 in Q2 2023; six-month EPS $0.68 vs $0.64.
- Net interest margin expands 4 bps to 3.69% QoQ, first expansion since Q4 2022; NII $9.2M.
- Total loans down $3.8M (-0.5%) in Q2; deposits up $11.2M (+1.2%); loan-to-deposit 85.8%.
- No provision for credit losses in H1 2024; nonperforming assets 0.27% of total assets.
- Declared $0.05 cash dividend; repurchased 77,000 shares at $10.60 avg; new TN banking center opened.

## SEC filing metadata
- accession: 0000950170-24-086068
- form_type: 8-K
- ticker: FUSB
- cik: 0000717806
- company_name: FIRST US BANCSHARES, INC.
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717806/000095017024086068/0000950170-24-086068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717806/000095017024086068/fusb-20240724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-086068
- JSON: https://secwatch.observer/filing/0000950170-24-086068.json
- Plain text: https://secwatch.observer/filing/0000950170-24-086068.txt

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