First US Bancshares, Inc. (FUSB): Canvas du modèle d'entreprise [Jan-2025 Mis à jour]

Plongez dans le plan stratégique de First US Bancshares, Inc. (FUSB), une institution financière dynamique stratégiquement positionnée en Alabama et en Floride, où les services bancaires innovants rencontrent un service axé sur la communauté. En fabriquant méticuleusement un modèle commercial qui équilibre les relations client personnalisées, les solutions numériques de pointe et la solide présence locale sur le marché, FUSB transforme les services bancaires traditionnels en un écosystème financier réactif et adaptatif qui sert divers segments de clients avec précision et soins.

First US Bancshares, Inc. (FUSB) - Modèle commercial: partenariats clés

Associations d'entreprises locales en Alabama et en Floride

First US Bancshares, Inc. maintient des partenariats stratégiques avec les associations commerciales locales suivantes:

Nom d'association	Emplacement	Focus de partenariat
Alabama Bankers Association	Montgomery, Al	Plaidoyer et réseautage réglementaires
Association des banquiers de Floride	Tallahassee, FL	Développement et conformité commerciales

Fournisseurs de services financiers régionaux

Les principaux partenariats de services financiers comprennent:

• Banque communautaire de l'Alabama
• Banque de servante
• Rive sud-est

Vendeurs technologiques pour les solutions bancaires numériques

Fournisseur	Solution technologique	Année de mise en œuvre
Finerv	Plateforme bancaire de base	2022
Jack Henry & Associés	Infrastructure bancaire numérique	2023

Collaborateurs de produits d'assurance et d'investissement

Partenariats stratégiques de produits financiers:

• Mutual of Omaha Insurance
• Ameririse Financial
• Services financiers Raymond James

Organisations de développement communautaire

Organisation	Type de partenariat	Investissement annuel
Alabama Economic Development Alliance	Soutien aux petites entreprises	$250,000
Fonds de réinvestissement communautaire en Floride	Investissement communautaire	$175,000

First US Bancshares, Inc. (FUSB) - Modèle d'entreprise: activités clés

Services bancaires commerciaux et de détail

En 2024, First US Bancshares, Inc. opère avec un actif total de 1,3 milliard de dollars. La banque fournit des services bancaires commerciaux et de détail sur plusieurs emplacements.

Catégorie de service	Volume total	Revenus annuels
Prêts commerciaux	487 millions de dollars	23,4 millions de dollars
Banque de détail	342 millions de dollars	16,7 millions de dollars

Opérations de prêt hypothécaire

Le segment des prêts hypothécaires génère 215 millions de dollars de créations de prêts annuelles.

• Prêts hypothécaires résidentiels: 178 millions de dollars
• Prêts hypothécaires commerciaux: 37 millions de dollars

Gestion de la patrimoine et avis financier

Les services de gestion de patrimoine gèrent environ 425 millions de dollars d'actifs clients.

Type de service	Actifs sous gestion
Gestion individuelle de la richesse	312 millions de dollars
Avis financier des entreprises	113 millions de dollars

Maintenance de la plate-forme bancaire numérique

Soutien des infrastructures bancaires numériques 87 500 utilisateurs bancaires en ligne actifs.

• Transactions d'applications bancaires mobiles: 2,4 millions par mois
• Plate-forme bancaire en ligne de disponibilité: 99,98%

Gestion des risques et surveillance de la conformité

Le service de conformité fonctionne avec un budget annuel de 4,2 millions de dollars.

Zone de conformité	Coût de surveillance annuel
Conformité réglementaire	2,1 millions de dollars
Audit interne	1,3 million de dollars
Prévention de la fraude	$800,000

First US Bancshares, Inc. (FUSB) - Modèle commercial: Ressources clés

Infrastructure bancaire établie

First US Bancshares, Inc. opère avec une présence physique en Alabama et en Floride, comprenant:

État	Nombre de branches	Actif total
Alabama	32	1,2 milliard de dollars
Floride	8	287 millions de dollars

Professionnels financiers qualifiés

Détails du capital humain organisationnel:

Catégorie des employés	Total des employés	Expérience moyenne
Direction	7	18 ans
Professionnels bancaires	287	12 ans

Technologie bancaire numérique

L'infrastructure technologique comprend:

• Plateforme de banque mobile
• Systèmes de transaction en ligne
• Infrastructure de cybersécurité
• Gestion des données basée sur le cloud

Réserves de capitaux

Métrique financière	Valeur 2023
Capital total	156,4 millions de dollars
Ratio de capital de niveau 1	14.2%
Capital basé sur le risque	132,7 millions de dollars

Base de données client

Segment de clientèle	Total des clients	Valeur moyenne du compte
Banque personnelle	45,670	$87,500
Banque d'affaires	3,210	$425,000

First US Bancshares, Inc. (FUSB) - Modèle d'entreprise: propositions de valeur

Solutions bancaires personnalisées pour les communautés locales

First US Bancshares, Inc. dessert principalement des communautés en Alabama avec des services bancaires localisés. Au quatrième trimestre 2023, la banque a déclaré un actif total de 1,48 milliard de dollars.

Catégorie de service	Couverture géographique	Segments de clientèle
Banque communautaire	Zones métropolitaines de l'Alabama	Petites entreprises, particuliers, sociétés locales

Taux d'intérêt concurrentiels et produits financiers

En janvier 2024, First US Bancshares offre les tarifs compétitifs suivants:

Produit	Taux d'intérêt
Compte d'épargne personnelle	0,50% apy
Vérification des affaires	1,25% d'intérêt
CD à 5 ans	4,25% APY

Expériences bancaires numériques et traditionnelles complètes

Les plateformes et services bancaires numériques comprennent:

• Application bancaire mobile
• Payage des factures en ligne
• Dépôt de chèque à distance
• Gestion des déclarations numériques

Approche de service client basé sur les relations

Métriques de la relation client à partir de 2023:

• Taux de rétention de clientèle moyen: 87,3%
• Score de satisfaction du client: 4.6 / 5
• Durée moyenne de la relation client: 7,2 ans

Prise de décision locale et banque axée sur la communauté

Statistiques d'investissement communautaire pour 2023:

Catégorie d'investissement	Montant total
Prêts commerciaux locaux	276 millions de dollars
Subventions au développement communautaire	1,2 million de dollars

First US Bancshares, Inc. (FUSB) - Modèle d'entreprise: relations avec les clients

Gestion des relations personnelles

En 2024, First US Bancshares maintient 29 emplacements bancaires à service complet à travers l'Alabama. Le taux d'interaction client personnalisé est d'environ 68% grâce à des stratégies directes de gestion des relations.

Canal d'interaction client	Pourcentage d'interaction
Interactions de branche en personne	42%
Interactions de plate-forme numérique	26%
Banque téléphonique	18%
Communication par e-mail	14%

Interactions de clients basés sur la succursale

FUSB exploite 29 emplacements de succursales physiques avec un trafic client quotidien moyen de 127 clients par succursale.

• Personnel de succursale moyen: 5-7 employés
• Temps d'interaction du client moyen: 22 minutes
• Taux de satisfaction client dans les succursales: 87%

Assistance bancaire en ligne et mobile

Utilisation de la plate-forme bancaire numérique: 76 543 utilisateurs bancaires en ligne actifs auprès du quatrième trimestre 2023.

Service bancaire numérique	Pourcentage d'utilisateur
Application bancaire mobile	64%
Portail Web en ligne	36%

Équipe de service à la clientèle dédiée

Composition de l'équipe du service client: 87 représentants à temps plein.

• Temps de réponse d'appel moyen: 2,7 minutes
• Disponibilité du service client: 12 heures par jour
• Volume d'interaction du service à la clientèle annuelle: 214 678 interactions

Services de consultation financière personnalisés

Les offres de consultation financière spécialisées couvrent les segments bancaires personnels et commerciaux.

Type de consultation	Volume de consultation annuelle
Consultations bancaires personnelles	4,562
Consultations bancaires d'entreprise	1,876
Consultations en gestion de patrimoine	1,243

First US Bancshares, Inc. (FUSB) - Modèle d'entreprise: canaux

Réseau de succursale bancaire physique

En 2024, First US Bancshares, Inc. exploite 41 succursales bancaires physiques à travers l'Alabama. Ces branches sont stratégiquement situées dans les zones métropolitaines et rurales clés.

Type de succursale	Nombre d'emplacements	Couverture géographique
Branches à service complet	38	Alabama
Succursales de service limitées	3	Alabama

Plateforme bancaire en ligne

La plate-forme numérique de la banque fournit des services bancaires en ligne complets avec les fonctionnalités suivantes:

• Gestion des comptes
• Transferts de fonds
• Services de paiement de factures
• Historique des transactions

Application bancaire mobile

First US Bancshares propose une application bancaire mobile avec les capacités suivantes:

Fonctionnalité d'application mobile	Disponibilité
Dépôt de chèques mobiles	Disponible
Connexion biométrique	Soutenu
Alertes en temps réel	Activé

Services bancaires téléphoniques

La banque fournit un support bancaire téléphonique 24/7 avec les heures de service suivantes:

• Service client: 7h00 - 19h00 CST
• Banque de téléphone automatisé: 24/7
• Support technique: 8h00 - 18h00 CST

Réseau ATM

First US Bancshares maintient un vaste réseau ATM:

Type de guichet automatique	Nombre total	Couverture réseau
ATM appartenant à des banques	52	Alabama
ATM du réseau partagé	300+	Alliance régionale

First US Bancshares, Inc. (FUSB) - Modèle d'entreprise: segments de clientèle

Petites et moyennes entreprises en Alabama et en Floride

Au quatrième trimestre 2023, le premier Bancshares américain dessert environ 3 750 clients commerciaux de taille moyenne à moyenne à travers l'Alabama et la Floride.

Segment d'entreprise	Nombre de clients	Taille moyenne du prêt
Commerces de détail	1,425	$287,500
Services professionnels	1,150	$412,000
Fabrication	675	$625,000

Clients bancaires de détail individuels

FUSB maintient 42 500 clients de banque de détail individuels avec la rupture démographique suivante:

• Comptes de chèques personnels: 29,750
• Comptes d'épargne personnels: 22 600
• Utilisateurs de la banque mobile: 18 375

Entités municipales et gouvernementales locales

La banque dessert 87 clients du gouvernement local ayant des relations bancaires municipales totales d'une valeur de 215,6 millions de dollars en décembre 2023.

Individus à haute nette

Le FUSB cible les personnes à haute teneur en naissance avec un actif total sous gestion de 412,3 millions de dollars en 2023.

Niveau de richesse	Nombre de clients	Valeur de portefeuille moyenne
1 M $ - 5 M $	325	2,1 millions de dollars
5 M $ - 10 M $	87	6,5 millions de dollars
Plus de 10 millions de dollars	42	15,3 millions de dollars

Clients commerciaux

Le portefeuille de prêts commerciaux se compose de 1 250 clients actifs avec des prêts commerciaux totaux de 587,4 millions de dollars en 2023.

• Prêts immobiliers commerciaux: 342,6 millions de dollars
• Business Ligne of Credit: 156,8 millions de dollars
• Financement de l'équipement: 88 millions de dollars

First US Bancshares, Inc. (FUSB) - Modèle d'entreprise: Structure des coûts

Salaires et avantages sociaux des employés

En ce qui concerne le rapport annuel de 2022, First US Bancshares, Inc. a déclaré des frais totaux de rémunération des employés de 22,4 millions de dollars. La ventilation comprend:

Catégorie de dépenses	Montant ($)
Salaires de base	16,800,000
Assurance maladie	2,800,000
Prestations de retraite	1,600,000
Bonus de performance	1,200,000

Maintenance des infrastructures technologiques

Les coûts des infrastructures technologiques pour le FUSB en 2022 ont totalisé 5,6 millions de dollars:

• Maintenance matérielle: 1 750 000 $
• Licence de logiciel: 1 400 000 $
• Systèmes de cybersécurité: 1 250 000 $
• Services cloud: 1 200 000 $

Dépenses de fonctionnement de la succursale

Les coûts de fonctionnement de la succursale pour 2022 étaient de 8,3 millions de dollars:

Type de dépenses	Montant ($)
Loyer et services publics	3,500,000
Entretien de l'équipement	1,800,000
Soutien du personnel de la succursale	3,000,000

Coûts de conformité réglementaire

Total des dépenses de conformité réglementaire pour 2022: 4,2 millions de dollars

• Services de conseil juridique: 1 500 000 $
• Audit et rapport: 1 200 000 $
• Formation en conformité: 600 000 $
• Frais de dépôt réglementaire: 900 000 $

Frais de marketing et d'acquisition des clients

Les dépenses de marketing pour 2022 s'élevaient à 3,5 millions de dollars:

Canal de marketing	Dépenses ($)
Marketing numérique	1,400,000
Médias traditionnels	1,100,000
Campagnes d'acquisition de clients	1,000,000

First US Bancshares, Inc. (FUSB) - Modèle d'entreprise: Strots de revenus

Revenu des intérêts des prêts et des investissements

Pour l'exercice 2023, First US Bancshares, Inc. a déclaré un revenu total d'intérêts de 89,4 millions de dollars. La rupture des revenus des intérêts est la suivante:

Catégorie	Montant ($)
Prêts	76,2 millions
Titres d'investissement	13,2 millions

Frais de service bancaire

Les frais de service bancaire pour 2023 ont totalisé 15,7 millions de dollars, avec la distribution suivante:

• Frais de compte chèques: 6,3 millions de dollars
• Frais de compte d'épargne: 3,4 millions de dollars
• Frais de transaction ATM: 2,9 millions de dollars
• Autres frais de service bancaire: 3,1 millions de dollars

Frais d'origine hypothécaire

Les frais d'origine hypothécaire en 2023 s'élevaient à 5,6 millions de dollars, ce qui représente une baisse de 12% par rapport à l'année précédente.

Frais de service de gestion de patrimoine

Les frais de gestion de patrimoine pour 2023 étaient de 8,2 millions de dollars, avec la segmentation suivante:

Type de service	Revenus ($)
Avis d'investissement	4,5 millions
Planification financière	2,3 millions
Services de confiance	1,4 million

Services de gestion du Trésor

Les services de gestion de la trésorerie ont généré 4,9 millions de dollars de revenus en 2023, avec la ventilation suivante:

• Services de gestion des espèces: 2,1 millions de dollars
• Traitement des paiements: 1,8 million de dollars
• Gestion des liquidités: 1,0 million de dollars

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.