First US Bancshares adopts 2025 cash incentive plan for executives

FIRST US BANCSHARES, INC.

Performance metrics: pre-tax income (25%), ROAA (25-30%), ROATE (15-25%), indirect loan growth (15% for Mitchell only) plus 20% discretionary.
CEO target bonus 45% of salary; CFO and Senior EVP Consumer target 35%; threshold at 80% of budget yields 50% of target.
Maximum payout 150% of target if 120% of budget achieved; straight-line interpolation between threshold and max.
Awards subject to reduction up to 35% for regulatory rating deterioration or negative findings.
Recoupment provisions apply for financial restatements, inaccurate performance data, or bad-faith conduct.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.