First US Bancshares, Inc. (FUSB) filed a Current Report on Form 8-K dated October 28, 2026, to furnish investor presentation materials. The filing discloses financial results and trends through the period ended September 30, 2026. The materials are intended for distribution to shareholders, analysts, and investors through the end of the fourth quarter of 2026.
According to the presentation, the company reported total assets of $1.165 billion and total deposits of $1.015 billion as of September 30, 2026. The loan-to-deposit ratio stood at 83%. The company’s common stock trades on the Nasdaq under the symbol FUSB.
Key financial highlights for the third quarter of 2026 include:
- Earnings: Diluted earnings per share (EPS) increased to $0.36 in 3Q2026, compared to $0.31 in the prior quarter and $0.32 in the same period in 2025.
- Interest Income: Net interest margin increased to 3.66% in 3Q2026, supported by higher yields on loans and investment securities.
- Asset Quality: Nonperforming assets declined to 0.14% of total assets. Annualized net charge-offs were 0.22% of average loans in 3Q2026.
- Loan Portfolio: Total loans decreased by 1.8% during the quarter, offset by a 3.2% increase in indirect consumer loans.
The presentation outlines the company’s strategic focus on growing earnings per share, maintaining a diversified loan and deposit base, and adhering to strong credit fundamentals. The company also noted that it repurchased 390,000 shares during the third quarter of 2026 at a weighted average price of $16.43 per share.
