---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-117068"
form_type: "8-K"
ticker: "FUSB"
cik: "0000717806"
company_name: "FIRST US BANCSHARES, INC."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:45:01.046039+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First US Bancshares Q3 net income $2.2M ($0.36 EPS), up from $0.33 YoY; NIM declines to 3.60%

## Summary
- Net income $2.2M, diluted EPS $0.36 vs $0.33 in Q3 2023; nine-month EPS $1.04 vs $0.97.
- Net interest margin 3.60% vs 3.79% a year ago; net interest income flat QoQ at $9.2M.
- Total loans down $15.8M (1.9%) in Q3 2024; core deposits up $26.7M (2.8%).
- Nonperforming assets $6.6M (0.60% of assets) vs $3.0M (0.28% at Dec 2023) due to two loans.
- Dividend maintained at $0.05/share; 29,500 shares repurchased in Q3 at weighted avg $10.83.

## SEC filing metadata
- accession: 0000950170-24-117068
- form_type: 8-K
- ticker: FUSB
- cik: 0000717806
- company_name: FIRST US BANCSHARES, INC.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717806/000095017024117068/0000950170-24-117068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717806/000095017024117068/fusb-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-117068
- JSON: https://secwatch.observer/filing/0000950170-24-117068.json
- Plain text: https://secwatch.observer/filing/0000950170-24-117068.txt

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