Thomas S. Elley
In connection with the foregoing, effective May 21, 2025, Thomas S. Elley no longer serves as the Company’s principal accounting officer.
Highest-materiality recent filing
FUSB shareholders elect directors, ratify auditor, approve exec comp at 2026 Annual Meeting
All 12 director nominees elected; each received over 2.58M votes for with ~408K withhold and ~993K broker non-votes.
First US Bancshares Q1 net income $1.9M; diluted EPS $0.33, up 13.8% YoY
Net income $1.9M; diluted EPS $0.33 vs $0.29 YoY (+13.8%). Net interest margin 3.37% (down from 3.53%).
First US Bancshares furnishes investor presentation; no material new info disclosed
Investor presentation materials as of March 31, 2026 furnished as Exhibit 99.1.
First US Bancshares establishes 2026 cash incentive program for NEOs; CEO target 45% of salary
CEO House target bonus 45% of 2026 base salary; CFO Elley and Mitchell at 35%.
First US Bancshares Q4 net income $2.1M ($0.36 EPS), up 10% QoQ and 24% YoY
Q4 net income $2.1M vs $1.9M in Q3'25 and $1.7M in Q4'24; full year net income $6.0M ($1.00) vs $8.2M ($1.33) in 2024.
Filing under Item 7.01 and 9.01; presentation as of December 31, 2025 made available to investors.
Net income $1.9M ($0.32 diluted EPS) vs Q2 $0.2M ($0.03) and Q3 2024 $2.2M ($0.36).
First US Bancshares furnishes investor presentation with Q3 2025 financial trends
Presentation provides a review of financial results and trends through September 30, 2025.
First US Bancshares elects attorney Nathan Gordon to board, expands to 12 directors
Board size increased from 11 to 12; Gordon elected effective August 27, 2025.
First US Bancshares Q2 net income falls to $0.2M ($0.03 EPS) on $2.7M credit provision
Net income $0.2M ($0.03 diluted EPS) vs $1.8M ($0.29) in Q1 2025 and $2.1M ($0.34) a year ago.
First US Bancshares furnishes investor presentation; no specific results in filing text
FUSB provided investor presentation as Exhibit 99.1 covering trends through June 30, 2025.
First US Bancshares appoints Matthew Parker as principal accounting officer
Appointment effective May 21, 2025; Parker previously Director of Financial Reporting at First US Bank since Dec 2021.
First US Bancshares shareholders elect 11 directors, ratify auditor, approve exec comp
All 11 director nominees elected with votes ranging from 2.78M to 2.83M for; broker non-votes of 956,887.
First US Bancshares reports Q1 net income of $1.8M, EPS $0.29, loans up 3.1%
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.
FUSB releases investor presentation reviewing Q1 2025 financial trends
Presentation covers financial results and trends through March 31, 2025.
First US Bancshares adopts 2025 cash incentive plan for executives
Performance metrics: pre-tax income (25%), ROAA (25-30%), ROATE (15-25%), indirect loan growth (15% for Mitchell only) plus 20% discretionary.
Director John C. Gordon resigns; Board amends mandatory retirement age bylaw
John C. Gordon resigned from the Board effective Jan. 31, 2025, after serving since 1997; no disagreement cited.
First US Bancshares Q4 net income $1.7M, EPS $0.29; dividend raised to $0.07
Q4 net income $1.7M ($0.29 diluted EPS) vs $2.2M ($0.36) in Q3 and $2.3M ($0.36) in Q4 2023.
First US Bancshares files investor presentation for Q4 2024; no specific data disclosed
Furnished investor presentation covering financial results and trends through December 31, 2024.
First US Bancshares elects Staci M. Pierce and Tracy E. Thompson to board
Board expanded from 10 to 12 directors; elections effective Nov 20, 2024.
First US Bancshares Q3 net income $2.2M ($0.36 EPS), up from $0.33 YoY; NIM declines to 3.60%
Net income $2.2M, diluted EPS $0.36 vs $0.33 in Q3 2023; nine-month EPS $1.04 vs $0.97.
FUSB furnishes investor presentation; no new material financial data
Investor presentation materials for period ended September 30, 2024 made available to shareholders and analysts.
First US Bancshares elects Robert C. Field as director; board expands to 10
Board increased from 9 to 10 directors; Field elected effective July 24, 2024.
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.
First US Bancshares furnishes investor presentation; no specific results disclosed
Presentation provides review of financial results and trends through June 30, 2024.
Director Sheri S. Cook resigns from First US Bancshares board effective April 26, 2024
Sheri S. Cook resigned as director effective April 26, 2024, after serving since 2014.
First US Bancshares shareholders reelect all 10 directors at 2024 Annual Meeting
All 10 director nominees elected; highest vote count for Bruce N. Wilson (2,905,002).
First US Bancshares Q1 net income $2.1M ($0.34 EPS); NIM compresses to 3.65%
Net income $2.1M vs $2.3M in Q4 2023; diluted EPS $0.34 vs $0.36.
First US Bancshares furnishes investor presentation; no specific figures in excerpt
Company furnished investor presentation materials as Exhibit 99.1 for Q1 2024 review.
First US Bancshares 2024 cash incentive plan: CEO target bonus 45% of salary
CEO James House target bonus 45% of base salary; CFO Elley and EVP Mitchell target 35%.
First US Bancshares furnishes investor presentation reviewing FY2023 results
Presentation reviews financial results and trends for the period ended December 31, 2023.
First US Bancshares Q4 EPS $0.36; FY2023 diluted EPS up 25.5% YoY to $1.33
Q4 net income $2.3M ($0.36 diluted EPS) vs $2.1M ($0.33) in Q3 and $2.2M ($0.35) in Q4 2022.
First US Bancshares repurchases 137,500 shares for ~$1.42M
Repurchased 137,500 shares on Dec 26, 2023 for $1,421,750 ($10.34 per share).
First US Bancshares Q3 net income rises; nine-month EPS up 36.6% YoY
Net income $2.1M ($0.33 diluted EPS) in Q3 2023, up from $1.9M ($0.29) in Q3 2022.
First US Bancshares furnishes investor presentation with Q3 2023 financial review
Presentation reviewed financial results and trends through September 30, 2023.
First US Bancshares reports Q2 2023 earnings; no specific figures in this filing excerpt
Company released Q2 2023 earnings press release on July 26, 2023.
FUSB files 8-K furnishing investor presentation; no specific financials disclosed in excerpt
Presentation materials furnished as Exhibit 99.1 cover trends through June 30, 2023.
First US Bancshares adopts annual say-on-pay vote after shareholder approval
At the 2023 annual meeting, a majority of votes cast favored an annual say-on-pay frequency, as recommended by the board.
Shareholders approve 2023 Incentive Plan and elect all 11 directors at annual meeting
All 11 director nominees elected with votes for ranging from 2,753,026 to 2,811,670; broker non-votes of 1,050,709.
First US Bancshares Q1 2023 diluted EPS $0.33, up 65% YoY; net income $2.1M
Diluted EPS $0.33 vs $0.20 in Q1 2022 (+65%); net income $2.1M vs $1.4M.
First US Bancshares furnishes investor presentation with Q1 2023 financial review
Presentation covers financial results and trends through March 31, 2023.
First US Bancshares adopts 2023 cash incentive program for executives
Target bonus: 45% of base salary for CEO James F. House, 35% for CFO Thomas S. Elley and EVP William C. Mitchell.
First US Bancshares announces Q4 and FY2022 earnings; no financial data in 8-K text
Press release dated Jan 25, 2023, covers Q4 and full year ended Dec 31, 2022.
First US Bancshares makes investor presentation available; no detailed financials in 8-K
Presentation reviews financial results and trends through December 31, 2022.
Bylaws amended effective Nov 16, 2022; authorize annual/special meetings by remote communication (DGCL).
First US Bancshares furnishes investor presentation with Q3 2022 review
Presentation covers financial results and trends through September 30, 2022.
First US Bancshares reports Q3 2022 results; specific figures not in filing text
Press release issued on Oct 26, 2022 covering the quarter ended Sep 30, 2022.
First US Bancshares ends 401(k) blackout period early on Oct 25, 2022
Blackout period began Sept 22, 2022 due to change in 401(k) trustee and record keeper.
First US Bancshares extends 401(k) blackout period to week of Oct 30 due to trustee transfer delays
Blackout began Sept 22, 2022; originally expected to end week of Oct 16.
First US Bancshares imposes 401(k) blackout period Sep 22–Oct 16, 2022 due to trustee change
Blackout starts after market close Sep 22, 2022, expected to end week of Oct 16, 2022.
In connection with the foregoing, effective May 21, 2025, Thomas S. Elley no longer serves as the Company’s principal accounting officer.
On May 21, 2025, the Board of Directors (the “Board”) of First US Bancshares, Inc. (the “Company”) appointed Matthew A. Parker as the Company’s principal accounting officer.
On January 29, 2025, Mr. John C. Gordon, a member of the Board of Directors (the “Board”) of First US Bancshares, Inc. (the “Company”), notified the Company of his resignation as a director of the Company effective January 31, 2025.
On November 20, 2024, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, voted unanimously to increase the size of the Board from ten (10) to twelve (12) directors and to elect Staci M. Pierce and Tracy E. Thompson to fill the two vacancies created by the increase in the size of the Board, effective as of November 20, 2024.
On November 20, 2024, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, voted unanimously to increase the size of the Board from ten (10) to twelve (12) directors and to elect Staci M. Pierce and Tracy E. Thompson to fill the two vacancies created by the increase in the size of the Board, effective as of November 20, 2024.
voted unanimously to increase the size of the Board from nine (9) to ten (10) directors and to elect Robert C. Field to fill the vacancy created by the increase in the size of the Board, effective as of July 24, 2024.
On April 26, 2024, Ms. Sheri S. Cook, a member of the Board of Directors (the “Board”) of First US Bancshares, Inc. (the “Company”), notified the Company of her resignation as a director of the Company effective April 26, 2024.
Max materiality 0.80 · Median 0.28 · Most common event other_material