secwatch.observer — SEC 8-K summary
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Issuer:     FIRST US BANCSHARES, INC. (FUSB)
CIK:        0000717806
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000950170-25-061085
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First US Bancshares reports Q1 net income of $1.8M, EPS $0.29, loans up 3.1%
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- Net income $1.8M, diluted EPS $0.29; compared to $1.7M/$0.29 in Q4 2024 and $2.1M/$0.34 in Q1 2024.
- Net interest margin improved to 3.53% from 3.41% QoQ; net interest income $8.9M.
- Total loans $848.3M, up $25.3M (3.1%) QoQ; consumer indirect loans grew $41.3M.
- Dividend unchanged at $0.07/share; repurchased 40k shares at weighted avg $13.38 during Q1.
- NPAs/Assets 0.44% vs 0.50% prior Q; net charge-offs 0.13% of avg loans (vs 0.24% prior Q).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717806/000095017025061085/0000950170-25-061085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717806/000095017025061085/fusb-20250430.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-061085

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