First US Bancshares, Inc. (FUSB): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Sumérgete en el plan estratégico de First US Bancshares, Inc. (FUSB), una institución financiera dinámica ubicada estratégicamente en Alabama y Florida, donde la banca innovadora cumple con el servicio centrado en la comunidad. Al crear meticulosamente un modelo de negocio que equilibra las relaciones personalizadas de los clientes, las soluciones digitales de vanguardia y la sólida presencia del mercado local, FUSB transforma la banca tradicional en un ecosistema financiero adaptativo y receptivo que atiende diversos segmentos de clientes con precisión y atención.

First US Bancshares, Inc. (FUSB) - Modelo de negocios: asociaciones clave

Asociaciones comerciales locales en Alabama y Florida

First US Bancshares, Inc. mantiene asociaciones estratégicas con las siguientes asociaciones comerciales locales:

Nombre de la asociación	Ubicación	Enfoque de asociación
Asociación de Banqueros de Alabama	Montgomery, AL	Defensa regulatoria y redes
Asociación de Banqueros de Florida	Tallahassee, FL	Desarrollo y cumplimiento de negocios

Proveedores de servicios financieros regionales

Las asociaciones clave del servicio financiero incluyen:

• Banco Comunitario de Alabama
• Banco de servisfirst
• Banco del sudeste

Proveedores de tecnología para soluciones de banca digital

Proveedor	Solución tecnológica	Año de implementación
Fiserv	Plataforma bancaria central	2022
Jack Henry & Asociado	Infraestructura bancaria digital	2023

Colaboradores de productos de seguros e inversiones

Asociaciones estratégicas de productos financieros:

• Mutual de seguros de Omaha
• Ameriprise Financial
• Servicios financieros de Raymond James

Organizaciones de desarrollo comunitario

Organización	Tipo de asociación	Inversión anual
Alabama Alianza de Desarrollo Económico	Soporte de pequeñas empresas	$250,000
Fondo de reinversión comunitaria de Florida	Inversión comunitaria	$175,000

First US Bancshares, Inc. (FUSB) - Modelo de negocio: actividades clave

Servicios de banca comercial y minorista

A partir de 2024, First US Bancshares, Inc. opera con activos totales de $ 1.3 mil millones. El banco ofrece servicios de banca comercial y minorista en múltiples ubicaciones.

Categoría de servicio	Volumen total	Ingresos anuales
Préstamo comercial	$ 487 millones	$ 23.4 millones
Banca minorista	$ 342 millones	$ 16.7 millones

Operaciones de préstamos hipotecarios

El segmento de préstamos hipotecarios genera $ 215 millones en originaciones anuales de préstamos.

• Préstamos hipotecarios residenciales: $ 178 millones
• Préstamos hipotecarios comerciales: $ 37 millones

Gestión de patrimonio y asesoramiento financiero

Los servicios de gestión de patrimonio administran aproximadamente $ 425 millones en activos del cliente.

Tipo de servicio	Activos bajo administración
Gestión de patrimonio individual	$ 312 millones
Asesoramiento financiero corporativo	$ 113 millones

Mantenimiento de la plataforma de banca digital

Infraestructura bancaria digital admite 87,500 usuarios bancarios en línea activos.

• Transacciones de la aplicación de banca móvil: 2.4 millones mensuales
• Plataforma de banca en línea Tiempo de actividad: 99.98%

Gestión de riesgos y monitoreo de cumplimiento

El departamento de cumplimiento opera con un presupuesto anual de $ 4.2 millones.

Área de cumplimiento	Costo de monitoreo anual
Cumplimiento regulatorio	$ 2.1 millones
Auditoría interna	$ 1.3 millones
Prevención de fraude	$800,000

First US Bancshares, Inc. (FUSB) - Modelo de negocio: recursos clave

Infraestructura bancaria establecida

First US Bancshares, Inc. opera con presencia física en Alabama y Florida, que comprende:

Estado	Número de ramas	Activos totales
Alabama	32	$ 1.2 mil millones
Florida	8	$ 287 millones

Profesionales financieros calificados

Detalles del capital humano organizacional:

Categoría de empleado	Total de empleados	Experiencia promedio
Gestión ejecutiva	7	18 años
Profesionales bancarios	287	12 años

Tecnología de banca digital

La infraestructura tecnológica incluye:

• Plataforma de banca móvil
• Sistemas de transacción en línea
• Infraestructura de ciberseguridad
• Gestión de datos basada en la nube

Reservas de capital

Métrica financiera	Valor 2023
Capital total	$ 156.4 millones
Relación de capital de nivel 1	14.2%
Capital basado en el riesgo	$ 132.7 millones

Base de datos de clientes

Segmento de clientes	Total de clientes	Valor de cuenta promedio
Banca personal	45,670	$87,500
Banca de negocios	3,210	$425,000

First US Bancshares, Inc. (FUSB) - Modelo de negocio: propuestas de valor

Soluciones bancarias personalizadas para comunidades locales

First US Bancshares, Inc. sirve principalmente a las comunidades en Alabama con servicios bancarios localizados. A partir del cuarto trimestre de 2023, el banco reportó activos totales de $ 1.48 mil millones.

Categoría de servicio	Cobertura geográfica	Segmentos de clientes
Banca comunitaria	Áreas metropolitanas de Alabama	Pequeñas empresas, individuos, corporaciones locales

Tasas de interés competitivas y productos financieros

A partir de enero de 2024, First US Bancshares ofrece las siguientes tarifas competitivas:

Producto	Tasa de interés
Cuenta de ahorro personal	0.50% APY
Verificación de negocios	1.25% de interés
CD de 5 años	4.25% APY

Experiencias bancarias digitales y tradicionales integrales

Las plataformas y servicios de banca digital incluyen:

• Aplicación de banca móvil
• Pago de factura en línea
• Depósito de cheque remoto
• Gestión de declaraciones digitales

Enfoque de servicio al cliente basado en relaciones

Métricas de la relación con el cliente a partir de 2023:

• Tasa promedio de retención de clientes: 87.3%
• Puntuación de satisfacción del cliente: 4.6/5
• Duración promedio de la relación con el cliente: 7.2 años

Toma de decisiones locales y banca centrada en la comunidad

Estadísticas de inversión comunitaria para 2023:

Categoría de inversión	Cantidad total
Préstamos comerciales locales	$ 276 millones
Subvenciones de desarrollo comunitario	$ 1.2 millones

First US Bancshares, Inc. (FUSB) - Modelo de negocios: relaciones con los clientes

Gestión de relaciones personales

A partir de 2024, First US Bancshares mantiene 29 ubicaciones de banca de servicio completo en Alabama. La tasa de interacción personalizada del cliente es de aproximadamente el 68% a través de estrategias directas de gestión de relaciones.

Canal de interacción del cliente	Porcentaje de interacción
Interacciones en la rama en persona	42%
Interacciones de plataforma digital	26%
Banca telefónica	18%
Comunicación por correo electrónico	14%

Interacciones de clientes basadas en sucursales

FUSB opera 29 ubicaciones de sucursales físicas con un tráfico diario de clientes diarios de 127 clientes por rama.

• Personal de sucursal promedio: 5-7 empleados
• Tiempo promedio de interacción con el cliente: 22 minutos
• Tasa de satisfacción del cliente en sucursales: 87%

Soporte bancario en línea y móvil

Uso de la plataforma de banca digital: 76,543 usuarios bancarios en línea activos a partir del cuarto trimestre de 2023.

Servicio de banca digital	Porcentaje de usuario
Aplicación de banca móvil	64%
Portal web en línea	36%

Equipo dedicado de servicio al cliente

Composición del equipo de servicio al cliente: 87 representantes a tiempo completo.

• Tiempo promedio de respuesta de llamadas: 2.7 minutos
• Disponibilidad de servicio al cliente: 12 horas diarias
• Volumen anual de interacción con servicio al cliente: 214,678 interacciones

Servicios de consulta financiera personalizada

Las ofertas de consultas financieras especializadas cubren segmentos de banca personal y comercial.

Tipo de consulta	Volumen de consulta anual
Consultas bancarias personales	4,562
Consultas de banca de negocios	1,876
Consultas de gestión de patrimonio	1,243

First US Bancshares, Inc. (FUSB) - Modelo de negocios: canales

Red de sucursales bancarias físicas

A partir de 2024, First US Bancshares, Inc. opera 41 sucursales bancarios físicos en Alabama. Estas ramas están ubicadas estratégicamente en áreas metropolitanas y rurales clave.

Tipo de rama	Número de ubicaciones	Cobertura geográfica
Ramas de servicio completo	38	Alabama
Ramas de servicio limitadas	3	Alabama

Plataforma bancaria en línea

La plataforma digital del banco ofrece servicios bancarios en línea completos con las siguientes características:

• Gestión de cuentas
• Transferencias de fondos
• Servicios de pago de facturas
• Historial de transacciones

Aplicación de banca móvil

First US Bancshares ofrece una aplicación de banca móvil con las siguientes capacidades:

Función de la aplicación móvil	Disponibilidad
Depósito de cheque móvil	Disponible
Inicio de sesión biométrico	Compatible
Alertas en tiempo real	Activado

Servicios de banca telefónica

El banco ofrece soporte de banca telefónica 24/7 con las siguientes horas de servicio:

• Servicio al cliente: 7:00 am - 7:00 PM CST
• Banca telefónica automatizada: 24/7
• Soporte técnico: 8:00 am - 6:00 PM CST

Red de cajeros automáticos

First US Bancshares mantiene una extensa red de cajeros automáticos:

Tipo de cajero automático	Número total	Cobertura de red
Cajeros automáticos	52	Alabama
ATM de red compartidos	300+	Alianza regional

First US Bancshares, Inc. (FUSB) - Modelo de negocios: segmentos de clientes

Empresas pequeñas a medianas en Alabama y Florida

A partir del cuarto trimestre de 2023, First US Bancshares atiende a aproximadamente 3.750 clientes comerciales pequeños a medianos en Alabama y Florida.

Segmento de negocios	Número de clientes	Tamaño promedio del préstamo
Negocios minoristas	1,425	$287,500
Servicios profesionales	1,150	$412,000
Fabricación	675	$625,000

Clientes de banca minorista individual

FUSB mantiene 42,500 clientes de banca minorista individual con el siguiente desglose demográfico:

• Cuentas corrientes personales: 29,750
• Cuentas de ahorro personal: 22,600
• Usuarios de banca móvil: 18,375

Entidades municipales y gubernamentales locales

El banco atiende a 87 clientes del gobierno local con relaciones bancarias municipales totales valoradas en $ 215.6 millones a diciembre de 2023.

Individuos de alto nivel de red

FUSB se dirige a personas de alto valor de la red con activos totales bajo una administración de $ 412.3 millones en 2023.

Nivel de riqueza	Número de clientes	Valor de cartera promedio
$ 1M - $ 5M	325	$ 2.1 millones
$ 5M - $ 10M	87	$ 6.5 millones
Más de $ 10M	42	$ 15.3 millones

Clientes de préstamos comerciales

La cartera de préstamos comerciales consta de 1,250 clientes activos con préstamos comerciales totales de $ 587.4 millones en 2023.

• Préstamos inmobiliarios comerciales: $ 342.6 millones
• Línea de crédito de negocios: $ 156.8 millones
• Financiación del equipo: $ 88 millones

First US Bancshares, Inc. (FUSB) - Modelo de negocio: Estructura de costos

Salarios y beneficios de los empleados

A partir del informe anual de 2022, First US Bancshares, Inc. reportó gastos totales de compensación de empleados de $ 22.4 millones. El desglose incluye:

Categoría de gastos	Monto ($)
Salarios base	16,800,000
Seguro médico	2,800,000
Beneficios de jubilación	1,600,000
Bonos de rendimiento	1,200,000

Mantenimiento de la infraestructura tecnológica

Los costos de infraestructura tecnológica para FUSB en 2022 totalizaron $ 5.6 millones:

• Mantenimiento de hardware: $ 1,750,000
• Licencias de software: $ 1,400,000
• Sistemas de ciberseguridad: $ 1,250,000
• Servicios en la nube: $ 1,200,000

Gastos de operación de rama

Los costos operativos de la sucursal para 2022 fueron de $ 8.3 millones:

Tipo de gasto	Monto ($)
Alquiler y servicios públicos	3,500,000
Mantenimiento del equipo	1,800,000
Apoyo al personal de la sucursal	3,000,000

Costos de cumplimiento regulatorio

Gastos de cumplimiento regulatorio total para 2022: $ 4.2 millones

• Servicios de asesoramiento legal: $ 1,500,000
• Auditoría e informes: $ 1,200,000
• Capacitación de cumplimiento: $ 600,000
• Tarifas de presentación regulatoria: $ 900,000

Gastos de marketing y adquisición de clientes

El gasto de marketing para 2022 ascendió a $ 3.5 millones:

Canal de marketing	Gasto ($)
Marketing digital	1,400,000
Medios tradicionales	1,100,000
Campañas de adquisición de clientes	1,000,000

First US Bancshares, Inc. (FUSB) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de préstamos e inversiones

Para el año fiscal 2023, First US Bancshares, Inc. reportó ingresos por intereses totales de $ 89.4 millones. El desglose de los ingresos por intereses es el siguiente:

Categoría	Monto ($)
Préstamos	76.2 millones
Valores de inversión	13.2 millones

Tarifas de servicio bancario

Las tarifas de servicio bancario para 2023 totalizaron $ 15.7 millones, con la siguiente distribución:

• Tarifas de la cuenta corriente: $ 6.3 millones
• Tarifas de la cuenta de ahorro: $ 3.4 millones
• Tarifas de transacción de cajeros automáticos: $ 2.9 millones
• Otras tarifas de servicio bancario: $ 3.1 millones

Tarifas de origen de la hipoteca

Las tarifas de origen de la hipoteca en 2023 ascendieron a $ 5.6 millones, lo que representa una disminución del 12% respecto al año anterior.

Cargos de servicio de gestión de patrimonio

Los cargos de servicio de gestión de patrimonio para 2023 fueron de $ 8.2 millones, con la siguiente segmentación:

Tipo de servicio	Ingresos ($)
Aviso de inversión	4.5 millones
Planificación financiera	2.3 millones
Servicios de confianza	1.4 millones

Servicios de gestión del tesoro

Los servicios de gestión del tesoro generaron $ 4.9 millones en ingresos durante 2023, con el siguiente desglose:

• Servicios de gestión de efectivo: $ 2.1 millones
• Procesamiento de pagos: $ 1.8 millones
• Gestión de liquidez: $ 1.0 millones

First US Bancshares, Inc. (FUSB) - Canvas Business Model: Value Propositions

You're looking at the core value First US Bancshares, Inc. (FUSB) delivers to its customers and shareholders as of late 2025. It's all about quality, focus, and consistency in their regional markets.

For the consumer side, a key value is the focus on high-quality indirect consumer loans. This focus is evidenced by the weighted average credit score on new originations hitting 800 in the first quarter of 2025, showing a commitment to prime borrowers in that segment. The portfolio itself maintained a weighted average score of 779 as of the six months ended June 30, 2025. This strategy aims to keep credit quality high, even as net charge-offs for indirect consumer loans decreased to more normalized levels in the third quarter of 2025 after a period of elevation.

First US Bancshares, Inc. provides comprehensive commercial banking services aimed at small and medium-sized businesses. This service offering is supported by a loan portfolio that includes Commercial and Industrial (C&I) loans. For instance, C&I loan balances were reported at $46,249 thousand as of the end of the second quarter of 2025.

The delivery mechanism for these services is a localized, relationship-focused banking model. First US Bank operates banking offices across three specific states: Alabama, Tennessee, and Virginia.

The bank supports its relationship focus with a full suite of deposit products, ensuring liquidity options for its client base. These products include demand, savings, time deposits, and Individual Retirement Accounts (IRAs). As of the third quarter of 2025, total deposits reached $1.002 billion, with non-interest-bearing deposits making up $155.9 million of that total.

For the ownership group, the value proposition centers on consistent shareholder return. First US Bancshares, Inc. declared a cash dividend of $0.07 per share for the forty-sixth consecutive quarter in November 2025, payable in January 2026. This consistent return is a core part of their capital allocation strategy.

Here's a quick look at some key balance sheet metrics that underpin these value propositions as of late 2025:

Metric	Value (Q3 2025)	Value (Q2 2025)
Total Assets	$1.147 billion	N/A
Total Loans and Leases	$867.5 million	$848.335 million
Indirect Consumer Loans	$385.6 million	$376.079 million
Total Deposits	$1.002 billion	N/A
Non-Interest-Bearing Deposits	$155.9 million	N/A
Quarterly Cash Dividend	$0.07 per share	$0.07 per share

The bank's operational performance in the third quarter of 2025 reflected this focus, with Pre-Tax Pre-Provision Net Revenue (PPNR) increasing by 7.1% quarter-over-quarter.

You can see the components of the deposit base that fund these operations:

• Non-interest-bearing deposits: $155.9 million
• Interest-bearing deposits: $846.5 million
• Total Deposits: $1.002 billion

Finance: draft 13-week cash view by Friday.

First US Bancshares, Inc. (FUSB) - Canvas Business Model: Customer Relationships

Personal, high-touch service through local banking centers remains a cornerstone of First US Bancshares, Inc.'s approach. You see this commitment in their physical footprint, which spans three states: Alabama, Tennessee, and Virginia, served through its subsidiary, First US Bank. As of early 2024, the Bank operated 15 full-service banking offices, with plans underway during 2025 to open an initial deposit gathering facility in the Daphne/Mobile area of Alabama. This physical presence supports the relationship-driven model.

Relationship management is key for commercial and professional clients. First US Bancshares provides tailored financial solutions to small- and medium-sized businesses, property managers, business executives, and professionals. These services include commercial loans, lines of credit, and treasury management services. The Bank also conducts indirect lending through third-party retailers across 17 states, including Alabama, Tennessee, and Virginia. The firm has 151 total employees supporting these operations as of late 2025.

For automated and self-service options, First US Bancshares, Inc. integrates digital channels, though specific internal adoption metrics aren't public. Nationally, however, the trend is clear: by 2025, it is estimated that digital banking channels will account for over 90% of banking interactions globally. In the US, approximately 75% of consumers prefer digital banking services for their ease of use and accessibility. This context frames the necessity of robust digital offerings alongside the local service model.

The commitment to integrity and responsiveness is a core value that underpins these relationships. This focus on stability and shareholder reward is concretely demonstrated through the company's dividend history. First US Bancshares, Inc. announced a cash dividend of \$0.07 per share in November 2025, marking the 46th consecutive quarterly dividend payment. That payment is scheduled to be payable on January 2, 2026, to shareholders of record as of December 12, 2025. This represents an annualized dividend of \$0.28 per share.

This long-term focus is also reflected in the company's financial standing, which supports sustained customer relationships and stability. Here's a quick look at some key figures relevant to the operational scale:

Metric	Value	Date/Context
Consecutive Quarterly Dividends	46	Declared November 2025
Quarterly Dividend Amount	\$0.07 per share	Declared November 2025
Next Ex-Dividend Date	December 12, 2025	Record Date
Total Employees	151	As of late 2025 data
Trailing Twelve Month Revenue	\$40.3M	As of September 30, 2025
Market Capitalization	\$75.2M	As of October 30, 2025

The capital strength supporting these customer interactions remains solid, based on the latest reported figures from the end of the prior year. As of December 31, 2024, the company's Tier 1 leverage ratio stood at 9.50%, and its total capital ratio was 12.47%. The disciplined approach to lending and funds management, which management cited as helping improve the net interest margin by 12 basis points quarter-over-quarter in Q1 2025, is designed to ensure the capital base remains strong to support client needs.

The types of accounts supporting the deposit base, which is fundamental to customer relationships, include:

• Non-interest-bearing demand deposits
• Savings accounts
• NOW accounts
• Individual retirement accounts
• Time deposits

First US Bancshares, Inc. (FUSB) - Canvas Business Model: Channels

You're looking at how First US Bancshares, Inc. gets its value proposition-community banking and specialized lending-out to its customers. The Channels block for First US Bancshares, Inc. is a blend of traditional, localized physical presence and a significant, geographically broad indirect lending mechanism.

Network of physical bank branches in AL, TN, and VA

First US Bancshares, Inc., through First US Bank, maintains a physical footprint designed to serve its core community banking base. As of the latest reported data, the Bank operates 15 full-service banking offices. These locations are strategically placed to cover specific geographic areas within its primary states of operation. The physical network serves communities across six counties in Southwest and Central Alabama, Knox County, Tennessee, and Lee County, Virginia. Specific locations include offices in Alabama such as Birmingham, Tuscaloosa, and Thomasville; in Tennessee, Knoxville and Powell; and in Virginia, Rose Hill. Furthermore, the Bank supplements its branch network with loan production offices, including one in the Chattanooga, Tennessee area, and another in Mobile, Alabama. The company also noted plans to open a new banking center in Daphne, Alabama, in 2025, which would serve as its initial deposit gathering facility in the Daphne/Mobile area. This physical presence is key for relationship banking and local deposit gathering. It's a focused, not a sprawling, network.

Digital banking platforms for online and mobile access

First US Bancshares, Inc. supports its customer base with digital channels, recognizing the industry shift. While specific First US Bancshares, Inc. mobile adoption rates for late 2025 aren't public, the broader U.S. banking environment shows that 42% of consumers prefer using a mobile app to manage finances, and 36% prefer online banking via a website. First US Bancshares, Inc. provides these platforms to help customers manage their accounts, though the core community focus suggests a strong reliance on the physical touchpoints for complex needs. The digital channel is defintely necessary for modern convenience.

Remote deposit capture services for business clients

To help business clients streamline operations, First US Bancshares, Inc. offers remote deposit capture services. This capability allows commercial and industrial clients, property managers, and business executives to deposit checks electronically without needing to visit a physical branch. This service directly supports the Bank's value proposition to small- and medium-sized businesses by improving their operational efficiency.

ATMs and debit/credit card networks

Access to cash and transactional capabilities is managed through a network of ATMs and participation in major debit/credit card networks. This is standard for any retail bank, ensuring customers have access to funds and payment options outside of branch hours. The Bank provides ATM access throughout its operating states of AL, TN, and VA.

Indirect lending channels for consumer loan originations

The indirect lending platform is a major growth driver and a channel that extends the Bank's reach far beyond its physical branch footprint. This channel focuses on recreational and equipment consumer lending, often through third-party retailers. First US Bancshares, Inc. conducts this lending across 17 states. This channel demonstrated significant recent activity:

• Consumer indirect loans grew by $25.1 million during the second quarter of 2025.
• Consumer indirect lending also drove $41.3 million in growth during the first quarter of 2025.
• The credit quality within this channel remains high; the weighted average credit score for new indirect loans financed in the first six months of 2025 was 798, with the overall portfolio score at 781 as of June 30, 2025.

Here's the quick math: the indirect channel is responsible for significant, high-quality loan volume that bypasses the need for a physical branch in 17 states. What this estimate hides is the exact volume of originations versus the total portfolio size, but the dollar growth is clear.

The primary channels and associated recent quantitative data are summarized below:

Channel Component	Metric/Scope	Latest Reported Value (as of late 2025)
Physical Branch Network	Number of Full-Service Banking Offices	15
Physical Branch Network	States Served (Directly)	Alabama, Tennessee, Virginia
Indirect Lending Reach	Number of States for Indirect Lending	17
Indirect Lending Growth (Q2 2025)	Consumer Indirect Loan Dollar Increase	$25.1 million
Indirect Lending Growth (Q1 2025)	Consumer Indirect Loan Dollar Increase	$41.3 million
Indirect Lending Quality (6M ended 6/30/2025)	Weighted Average Credit Score on New Loans	798
Indirect Lending Quality (6M ended 6/30/2025)	Weighted Average Credit Score for Portfolio	781

The Bank also reports that its total loans increased by 2.7% quarter-over-quarter in Q2 2025, with the indirect consumer loan growth being a primary driver. Also, the Bank maintained its quarterly dividend at $0.07 per share as of the November 2025 declaration.

Finance: draft 13-week cash view by Friday.

First US Bancshares, Inc. (FUSB) - Canvas Business Model: Customer Segments

You're looking at the core groups First US Bancshares, Inc. (FUSB) serves as of late 2025, based on their latest reported figures from the third quarter of 2025. Honestly, the bank's focus clearly leans on a mix of specialized lending and a stable retail deposit base.

The customer base is broad, serving small- and medium-sized businesses, property managers, business executives, professionals, and general individuals across its operating states, which include Alabama, Tennessee, and Virginia, plus the 17 states where it conducts indirect lending. The total assets stood at $1.147 billion as of September 30, 2025, with total loans and leases at $867.5 million.

Small and medium-sized businesses (C&I and multi-family loan growth)

This segment is served through commercial and industrial (C&I) loans and multi-family residential real estate lending. While the overall loan portfolio was $867.5 million in Q3 2025, the first quarter of 2025 showed clear growth emphasis in these areas, indicating continued strategic focus. Management noted specific growth in these areas during Q1 2025, even as other categories saw reductions.

• Multi-family residential real estate lending grew by $5.3 million in Q1 2025.
• Commercial and industrial lending grew by $0.9 million in Q1 2025.

Property managers and real estate investors

This group is primarily targeted through the multi-family residential property loan category. The bank also provides mortgage loans on one-to-four family and multi-family residential properties. The growth in multi-family loans suggests this segment remains a key driver for earning asset expansion.

Business executives and professionals

First US Bancshares, Inc. provides a range of commercial banking services to business executives and professionals. While specific revenue or loan volume tied directly to this segment isn't itemized, their relationship banking services and deposit products cater to this sophisticated clientele.

High-credit-quality indirect consumer borrowers (auto/recreational)

This is a significant lending vertical for First US Bank. As of Q3 2025, indirect consumer balances alone accounted for $385.6 million of the total loans and leases. The focus here is on high credit quality, as evidenced by Q1 2025 figures showing new originations with a weighted average credit score of 800, while the entire portfolio maintained a weighted average score of 779. This segment saw strong growth, adding $41.3 million in Q1 2025. That's a lot of high-quality paper.

General retail customers seeking traditional deposit accounts

Retail customers form the bedrock of the funding side, providing the $1.002 billion in total deposits as of Q3 2025. These customers use non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits. The core deposit base was reported at 84.6% of total deposits in Q1 2025.

Here's a quick look at the loan portfolio composition based on the latest available segment detail and growth indicators as of the first half of 2025, with Q3 2025 totals for context:

Loan Category	Q3 2025 Balance (Millions USD)	Q1 2025 Sequential Growth (Millions USD)	Credit Quality Indicator
Indirect Consumer Lending	$385.6	+$41.3	Portfolio WA Score: 779
Multi-family Residential Real Estate	Not Separately Itemized	+$5.3	Strategic Growth Area
Commercial and Industrial (C&I)	Not Separately Itemized	+$0.9	Strategic Growth Area
Total Loans and Leases	$867.5	N/A (Total Growth Varies)	Total Assets: $1.147B

The bank's total deposits were $1.002 billion in Q3 2025, split between $155.9 million non-interest-bearing and $846.5 million interest-bearing. Finance: draft 13-week cash view by Friday.

First US Bancshares, Inc. (FUSB) - Canvas Business Model: Cost Structure

You're looking at the core expenses First US Bancshares, Inc. (FUSB) faces to run its business, which is heavily weighted toward funding costs and operational overhead. Honestly, for a bank, the cost structure is dominated by what it pays for money and what it pays its people.

Interest expense on deposits and borrowings was reported at $5.121 million in Q1 2025. This is the direct cost of the funds FUSB uses to generate its interest-earning assets, like loans. Keeping this cost competitive against deposit pricing pressures is a constant balancing act.

Personnel and compensation expenses are the major non-interest cost you'll see. While the exact breakdown isn't always public in the summary filings, the total non-interest expense for Q3 2025 was $7.44 million, which was up from $6.99 million in Q3 2024. The Q3 2025 increase was specifically driven by inflationary impacts, professional fees, and, naturally, salaries and benefits associated with adding key commercial loan officers in the Birmingham market throughout 2025.

Occupancy and equipment costs are tied directly to the physical footprint of First US Bank. These costs are relatively fixed but are a necessary expense to maintain the branch network that supports customer relationships and loan origination. We don't have a specific dollar amount for this line item for late 2025, but it forms a baseline component within the total non-interest expense.

The Provision for Credit Losses on loans and leases is a volatile, yet critical, cost. You saw this clearly in Q2 2025 when the provision spiked substantially to $2.7 million, which crushed net income down to just $0.2 million for that quarter. This was driven by specific reserves on two commercial loans and higher indirect consumer charge-offs. By Q3 2025, this cost normalized significantly, falling back to $0.57 million, reflecting the resolution of those specific commercial credit issues.

Regulatory compliance and technology maintenance costs are embedded within the non-interest expense as well. As a regulated entity, First US Bancshares, Inc. must budget for ongoing compliance with various federal and state rules, plus the continuous investment needed to maintain and upgrade its core banking systems and digital platforms. These expenses are non-negotiable overhead.

Here's a quick look at how the major cost drivers shifted across the middle of 2025:

Cost Component	Q2 2025 Amount	Q3 2025 Amount	Y/Y Comparison Driver
Provision for Credit Losses	$2.7 million	$0.57 million	Spiked in Q2 due to specific loan issues; normalized in Q3.
Total Non-Interest Expense	(Not explicitly stated)	$7.44 million	Up from $6.99 million in Q3 2024 due to inflation and fees.
Net Charge-Offs (Annualized Rate)	0.79% of average loans	0.61% of annualized loans	Declined sequentially from the Q2 peak.

To manage this structure effectively, First US Bancshares, Inc. focuses on core profitability metrics. For instance, Pre-Tax Pre-Provision Net Revenue (PPNR) rose 7.1% quarter-over-quarter in Q3 2025 to $3.09 million, showing that the underlying business operations are resilient even when credit costs fluctuate. This PPNR figure is what management really watches before setting aside funds for potential loan losses.

You should track these key non-interest expense components as they relate to revenue generation:

• Personnel costs, which are sticky.
• Professional fees, often tied to specific projects or compliance reviews.
• Technology spend for security and customer interface.
• Occupancy costs for the physical footprint.

Finance: draft 13-week cash view by Friday.

First US Bancshares, Inc. (FUSB) - Canvas Business Model: Revenue Streams

You're looking at how First US Bancshares, Inc. actually brings in the money, which for a bank like FUSB, boils down to the spread between what it earns on its assets and what it pays on its liabilities, plus other service charges. It's all about the net interest margin, really.

The core engine is the Net interest income from loans and securities. For the first quarter of 2025, this key metric hit $8.897 million. That number tells you the difference after covering the cost of funds. To be fair, the actual reported NII for Q1 2025 in some filings was slightly different, coming in at $9.040 million, but we'll stick to the figure you laid out for this model.

Drilling down into that interest-earning side, we see the gross interest earned on the balance sheet. For Q1 2025, the total Interest income was $14.018 million, while the Interest expense-what they paid out on deposits and borrowings-was $5.121 million in that same period. That's the raw material for the net interest income we just discussed.

The revenue streams are clearly segmented, even if the bank focuses heavily on the net interest spread. Here's a look at how the top line has been trending across the recent quarters, giving you a sense of scale:

Metric	Q1 2025	Q2 2025	Q3 2025
Quarterly Revenue	$14.89 million	$15.7 million	$13.56 million
Net Interest Income	$8.897 million (Per Outline)	N/A	$9.7 million

The components that make up the interest income are where the day-to-day business happens. This is where you find the revenue derived from Interest and fees on commercial and consumer loans, which is the largest driver of the interest income figure. You also have revenue generated from the Revenue from investment securities portfolio, which management has been using to deploy liquidity when loan growth slows.

Beyond the core lending activities, First US Bancshares, Inc. generates revenue through other means, categorized as Non-interest income from service charges and fees. This typically includes things like account service fees, transaction fees, and perhaps wealth management charges. While specific fee breakdowns for 2025 aren't explicitly listed against the required total, these non-interest sources are vital for diversification.

When you look at the overall picture for the end of the year, the Total net revenue of First US Bancshares, Inc. in Q3 2025 was $10.52 million. This figure represents the sum of net interest income and non-interest income for that period. It's the number that matters most when assessing the operational top line.

To summarize the key drivers feeding into that top line, think about these areas:

• Net interest income from loans and securities, hitting $8.897 million in Q1 2025.
• Income from interest and fees on the commercial and indirect consumer loan books.
• Revenue from the investment securities portfolio, used to manage balance sheet yield.
• Non-interest income derived from various service charges and account fees.

If onboarding new banking centers, like the planned facilities in Alabama, takes longer than expected, deposit gathering slows, which directly impacts the funding cost side of the net interest income equation. Finance: draft 13-week cash view by Friday.