• First US Bancshares posted net income of $1.95 million, or $0.33 per diluted share, for quarter ended March 31, 2026, up 9.76% year over year.
• Net interest income rose 3.57% to $9.22 million, while net interest margin narrowed 16 basis points to 3.37%.
• Provision for credit losses fell to $254,000 from $528,000, while net charge-offs as a percentage of average loans increased to 0.23% from 0.13%.
• Total assets increased 0.9% to $1.17 billion, while deposits grew 1.1% to $1.04 billion on a $28.4 million rise in interest-bearing demand balances.
• Shareholders’ equity slipped to $104.6 million from $105.6 million as 146,500 shares were repurchased at a weighted average price of $15.03, with a Daphne, Alabama banking center renovation nearing completion ahead of a second-quarter opening.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First US Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-211192), on May 07, 2026, and is solely responsible for the information contained therein.