Primeiro US Bancshares, Inc. (FUSB): Modelo de Negócios Canvas [Jan-2025 Atualizado]

Mergulhe no plano estratégico da First US Bancshares, Inc. (FUSB), uma instituição financeira dinâmica posicionada estrategicamente no Alabama e na Flórida, onde o banco inovador atende ao serviço focado na comunidade. Ao elaborar meticulosamente um modelo de negócios que equilibra relacionamentos personalizados do cliente, soluções digitais de ponta e presença robusta do mercado local, o FUSB transforma bancos tradicionais em um ecossistema financeiro responsivo e adaptável que serve diversos segmentos de clientes com precisão e cuidado.

Primeiro US Bancshares, Inc. (FUSB) - Modelo de negócios: Parcerias -chave

Associações comerciais locais no Alabama e Flórida

Primeiro US Bancshares, Inc. mantém parcerias estratégicas com as seguintes associações comerciais locais:

Nome da associação	Localização	Foco em parceria
Associação de Banqueiros do Alabama	Montgomery, AL	Defesa regulatória e networking
Associação de Banqueiros da Flórida	Tallahassee, FL	Desenvolvimento de negócios e conformidade

Provedores de serviços financeiros regionais

As principais parcerias de serviço financeiro incluem:

• Banco Comunitário do Alabama
• Banco Servisfirst
• Sudeste Bank

Fornecedores de tecnologia para soluções bancárias digitais

Fornecedor	Solução tecnológica	Ano de implementação
Fiserv	Plataforma bancária principal	2022
Jack Henry & Associados	Infraestrutura bancária digital	2023

Colaboradores de produtos de seguro e investimento

Parcerias estratégicas de produtos financeiros:

• Seguro Mútuo do Omaha
• Ameriprise Financial
• Raymond James Financial Services

Organizações de desenvolvimento comunitário

Organização	Tipo de parceria	Investimento anual
Aliança de Desenvolvimento Econômico do Alabama	Suporte para pequenas empresas	$250,000
Fundo de Reinvestimento da Comunidade da Flórida	Investimento comunitário	$175,000

Primeiro US Bancshares, Inc. (FUSB) - Modelo de negócios: Atividades -chave

Serviços bancários comerciais e de varejo

A partir de 2024, a First US Bancshares, Inc. opera com ativos totais de US $ 1,3 bilhão. O banco fornece serviços bancários comerciais e de varejo em vários locais.

Categoria de serviço	Volume total	Receita anual
Empréstimos comerciais	US $ 487 milhões	US $ 23,4 milhões
Banco de varejo	US $ 342 milhões	US $ 16,7 milhões

Operações de empréstimos hipotecários

O segmento de empréstimos hipotecários gera US $ 215 milhões em origens anuais de empréstimos.

• Empréstimos de hipoteca residencial: US $ 178 milhões
• Empréstimos hipotecários comerciais: US $ 37 milhões

Gerenciamento de patrimônio e consultoria financeira

Os serviços de gerenciamento de patrimônio gerenciam aproximadamente US $ 425 milhões em ativos de clientes.

Tipo de serviço	Ativos sob gestão
Gestão individual de patrimônio	US $ 312 milhões
Consultoria financeira corporativa	US $ 113 milhões

Manutenção da plataforma bancária digital

Suporta a infraestrutura bancária digital 87.500 usuários bancários online ativos.

• Transações de aplicativos bancários móveis: 2,4 milhões mensais
• Plataforma bancária on -line tempo de atividade: 99,98%

Gerenciamento de riscos e monitoramento de conformidade

O departamento de conformidade opera com um orçamento anual de US $ 4,2 milhões.

Área de conformidade	Custo de monitoramento anual
Conformidade regulatória	US $ 2,1 milhões
Auditoria interna	US $ 1,3 milhão
Prevenção de fraudes	$800,000

Primeiro US Bancshares, Inc. (FUSB) - Modelo de negócios: Recursos -chave

Infraestrutura bancária estabelecida

Primeiro US Bancshares, Inc. opera com presença física no Alabama e na Flórida, compreendendo:

Estado	Número de ramificações	Total de ativos
Alabama	32	US $ 1,2 bilhão
Flórida	8	US $ 287 milhões

Profissionais financeiros qualificados

Detalhes do capital humano organizacional:

Categoria de funcionários	Total de funcionários	Experiência média
Gestão executiva	7	18 anos
Profissionais bancários	287	12 anos

Tecnologia bancária digital

A infraestrutura tecnológica inclui:

• Plataforma bancária móvel
• Sistemas de transação online
• Infraestrutura de segurança cibernética
• Gerenciamento de dados baseado em nuvem

Reservas de capital

Métrica financeira	2023 valor
Capital total	US $ 156,4 milhões
Índice de capital de camada 1	14.2%
Capital baseado em risco	US $ 132,7 milhões

Banco de dados do cliente

Segmento de clientes	Total de clientes	Valor médio da conta
Bancos pessoais	45,670	$87,500
Banking de negócios	3,210	$425,000

Primeiro US Bancshares, Inc. (FUSB) - Modelo de negócios: proposições de valor

Soluções bancárias personalizadas para comunidades locais

A First US Bancshares, Inc. serve principalmente comunidades no Alabama com serviços bancários localizados. A partir do quarto trimestre de 2023, o banco registrou ativos totais de US $ 1,48 bilhão.

Categoria de serviço	Cobertura geográfica	Segmentos de clientes
Comunidade bancária	Áreas metropolitanas do Alabama	Pequenas empresas, indivíduos, empresas locais

Taxas de juros competitivas e produtos financeiros

Em janeiro de 2024, o First US Bancshares oferece as seguintes taxas competitivas:

Produto	Taxa de juro
Conta de poupança pessoal	0,50% APY
Verificação de negócios	1,25% de juros
CD de 5 anos	4,25% APY

Experiências bancárias digitais e tradicionais abrangentes

As plataformas e serviços bancários digitais incluem:

• Aplicativo bancário móvel
• Pagamento on -line
• Depósito de cheque remoto
• Gerenciamento de declaração digital

Abordagem de atendimento ao cliente baseada em relacionamento

Métricas de relacionamento com o cliente a partir de 2023:

• Taxa média de retenção de clientes: 87,3%
• Pontuação de satisfação do cliente: 4,6/5
• Duração média do relacionamento do cliente: 7,2 anos

Tomada de decisão local e bancos focados na comunidade

Estatísticas de investimento comunitário para 2023:

Categoria de investimento	Montante total
Empréstimos comerciais locais	US $ 276 milhões
Subsídios de desenvolvimento comunitário	US $ 1,2 milhão

Primeiro US Bancshares, Inc. (FUSB) - Modelo de Negócios: Relacionamentos do Cliente

Gerenciamento de relacionamento pessoal

A partir de 2024, o First US Bancshares mantém 29 locais bancários de serviço completo em todo o Alabama. A taxa de interação personalizada do cliente é de aproximadamente 68% por meio de estratégias diretas de gerenciamento de relacionamento.

Canal de interação do cliente	Porcentagem de interação
Interações de ramificação pessoal	42%
Interações da plataforma digital	26%
Telefonar bancário	18%
Comunicação por e -mail	14%

Interações com o cliente baseadas em filiais

A FUSB opera 29 locais de filiais físicas com um tráfego médio diário de 127 clientes por filial.

• Funcionários médios da filial: 5-7 funcionários
• Tempo médio de interação do cliente: 22 minutos
• Taxa de satisfação do cliente em filiais: 87%

Suporte bancário online e móvel

Uso da plataforma bancária digital: 76.543 usuários de bancos on -line ativos a partir do quarto trimestre 2023.

Serviço bancário digital	Porcentagem do usuário
Aplicativo bancário móvel	64%
Portal da Web online	36%

Equipe de atendimento ao cliente dedicada

Composição da equipe de atendimento ao cliente: 87 representantes em tempo integral.

• Tempo médio de resposta de chamada: 2,7 minutos
• Disponibilidade de atendimento ao cliente: 12 horas por dia
• Volume anual de interação de atendimento ao cliente: 214.678 interações

Serviços de consulta financeira personalizados

As ofertas de consulta financeira especializadas cobrem segmentos bancários pessoais e comerciais.

Tipo de consulta	Volume anual de consulta
Consultas bancárias pessoais	4,562
Consultas bancárias de negócios	1,876
Consultas de gerenciamento de patrimônio	1,243

Primeiro US Bancshares, Inc. (FUSB) - Modelo de Negócios: Canais

Rede de agência bancária física

A partir de 2024, a First US Bancshares, Inc. opera 41 agências bancárias físicas em todo o Alabama. Esses ramos estão estrategicamente localizados nas principais áreas metropolitanas e rurais.

Tipo de ramificação	Número de locais	Cobertura geográfica
Ramificações de serviço completo	38	Alabama
Filiais de serviço limitado	3	Alabama

Plataforma bancária online

A plataforma digital do banco fornece serviços bancários on -line abrangentes com os seguintes recursos:

• Gerenciamento de contas
• Transferências de fundos
• Serviços de pagamento da conta
• Histórico de transações

Aplicativo bancário móvel

Primeiro US Bancshares oferece um aplicativo bancário móvel com os seguintes recursos:

Recurso de aplicativo móvel	Disponibilidade
Depósito de cheque móvel	Disponível
Login biométrico	Suportado
Alertas em tempo real	Habilitado

Serviços bancários telefônicos

O banco fornece suporte a banco por telefone 24/7 com o seguinte horário de serviço:

• Atendimento ao cliente: 7:00 - 19:00 CST
• Banco de telefone automatizado: 24/7
• Suporte técnico: 8:00 - 18:00 CST

Rede ATM

Primeiro US Bancshares mantém uma extensa rede de caixas eletrônicos:

Tipo de atm	Número total	Cobertura de rede
Caixas eletrônicos de propriedade de bancos	52	Alabama
Caixas eletrônicos de rede compartilhada	300+	Aliança Regional

Primeiro US Bancshares, Inc. (FUSB) - Modelo de negócios: segmentos de clientes

Pequenas e médias empresas no Alabama e na Flórida

A partir do quarto trimestre de 2023, o First US Bancshares atende aproximadamente 3.750 clientes comerciais pequenos e médios em todo o Alabama e na Flórida.

Segmento de negócios	Número de clientes	Tamanho médio do empréstimo
Negócios de varejo	1,425	$287,500
Serviços profissionais	1,150	$412,000
Fabricação	675	$625,000

Clientes bancários de varejo individuais

A FUSB mantém 42.500 clientes de banco de varejo individuais com a seguinte quebra demográfica:

• Contas de corrente pessoal: 29.750
• Contas de poupança pessoal: 22.600
• Usuários bancários móveis: 18.375

Entidades municipais e governamentais locais

O banco atende a 87 clientes do governo local com relações bancárias municipais totais, avaliadas em US $ 215,6 milhões em dezembro de 2023.

Indivíduos de alta rede

A FUSB tem como alvo indivíduos de alta rede com ativos totais sob gestão de US $ 412,3 milhões em 2023.

Nível de riqueza	Número de clientes	Valor médio do portfólio
$ 1m - US $ 5m	325	US $ 2,1 milhões
US $ 5 milhões - US $ 10 milhões	87	US $ 6,5 milhões
Mais de US $ 10 milhões	42	US $ 15,3 milhões

Clientes de empréstimos comerciais

O portfólio de empréstimos comerciais consiste em 1.250 clientes ativos com empréstimos comerciais totais de US $ 587,4 milhões em 2023.

• Empréstimos imobiliários comerciais: US $ 342,6 milhões
• Linha de crédito de negócios: US $ 156,8 milhões
• Financiamento de equipamentos: US $ 88 milhões

Primeiro US Bancshares, Inc. (FUSB) - Modelo de negócios: estrutura de custos

Salários e benefícios dos funcionários

A partir de 2022 Relatório Anual, a First US Bancshares, Inc. registrou despesas totais de remuneração de funcionários de US $ 22,4 milhões. O colapso inclui:

Categoria de despesa	Valor ($)
Salários da base	16,800,000
Seguro de saúde	2,800,000
Benefícios de aposentadoria	1,600,000
Bônus de desempenho	1,200,000

Manutenção de infraestrutura de tecnologia

Os custos de infraestrutura tecnológica do FUSB em 2022 totalizaram US $ 5,6 milhões:

• Manutenção de hardware: US $ 1.750.000
• Licenciamento de software: US $ 1.400.000
• Sistemas de segurança cibernética: US $ 1.250.000
• Serviços em nuvem: US $ 1.200.000

Despesas de operação de ramificação

Os custos operacionais da filial para 2022 foram de US $ 8,3 milhões:

Tipo de despesa	Valor ($)
Aluguel e utilitários	3,500,000
Manutenção do equipamento	1,800,000
Apoio à equipe da filial	3,000,000

Custos de conformidade regulatória

Despesas totais de conformidade regulatória para 2022: US $ 4,2 milhões

• Serviços de Consultoria Jurídica: US $ 1.500.000
• Auditoria e relatórios: US $ 1.200.000
• Treinamento de conformidade: US $ 600.000
• Taxas de arquivamento regulatório: US $ 900.000

Despesas de marketing e aquisição de clientes

As despesas de marketing para 2022 totalizaram US $ 3,5 milhões:

Canal de marketing	Gastos ($)
Marketing digital	1,400,000
Mídia tradicional	1,100,000
Campanhas de aquisição de clientes	1,000,000

Primeiro US Bancshares, Inc. (FUSB) - Modelo de negócios: fluxos de receita

Receita de juros de empréstimos e investimentos

Para o ano fiscal de 2023, a First US Bancshares, Inc. relatou receita total de juros de US $ 89,4 milhões. A repartição da receita de juros é a seguinte:

Categoria	Valor ($)
Empréstimos	76,2 milhões
Títulos de investimento	13,2 milhões

Taxas de serviço bancário

As taxas de serviço bancário para 2023 totalizaram US $ 15,7 milhões, com a seguinte distribuição:

• Taxas de conta corrente: US $ 6,3 milhões
• Taxas da conta poupança: US $ 3,4 milhões
• Taxas de transação ATM: US $ 2,9 milhões
• Outras taxas de serviço bancário: US $ 3,1 milhões

Taxas de originação hipotecária

As taxas de originação hipotecária em 2023 totalizaram US $ 5,6 milhões, representando uma queda de 12% em relação ao ano anterior.

Cobranças de serviço de gestão de patrimônio

As taxas de serviço de gerenciamento de patrimônio de 2023 foram de US $ 8,2 milhões, com a seguinte segmentação:

Tipo de serviço	Receita ($)
Aviso de investimento	4,5 milhões
Planejamento financeiro	2,3 milhões
Serviços de confiança	1,4 milhão

Serviços de Gerenciamento do Tesouro

Os serviços de gerenciamento de tesouraria geraram US $ 4,9 milhões em receita durante 2023, com o seguinte quebra:

• Serviços de gerenciamento de caixa: US $ 2,1 milhões
• Processamento de pagamento: US $ 1,8 milhão
• Gerenciamento de liquidez: US $ 1,0 milhão

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.