A Brief History of First US Bancshares, Inc. (FUSB)

First US Bancshares, Inc. (FUSB) is a bank holding company based in Birmingham, Alabama. The company was founded in 1984 and has since grown to become a leading financial services provider in the region.

Some important milestones in the history of First US Bancshares, Inc. include:

• 1984: First US Bancshares, Inc. is founded as a bank holding company.
• 1990s: The company experiences rapid growth through acquisitions of several community banks in Alabama and neighboring states.
• 2000s: First US Bancshares, Inc. expands its reach by opening new branches and introducing new financial products and services.
• 2010: The company weathers the financial crisis and emerges stronger, focusing on improving its balance sheet and efficiency.
• 2018: First US Bancshares, Inc. celebrates its 30th anniversary and continues to be a trusted partner for individuals, businesses, and communities in the Southeast.

Who Owns First US Bancshares, Inc. (FUSB)

First US Bancshares, Inc. (FUSB) is a publicly traded company, meaning that it is owned by a combination of individual and institutional investors who purchase shares of the company on the stock market. As of the most recent data available, the largest shareholders of FUSB include:

• The Vanguard Group: The Vanguard Group is one of the largest investment management companies in the world and holds a significant stake in FUSB.
• Fidelity Investments: Fidelity Investments is another major institutional investor that owns a substantial portion of FUSB.
• BlackRock: BlackRock is a global investment management corporation that also has a large ownership interest in FUSB.
• Insiders: Insiders, such as company executives, board members, and employees, also own a portion of FUSB stock.

These major institutional investors and insiders play a significant role in the ownership and governance of First US Bancshares, Inc. (FUSB).

First US Bancshares, Inc. (FUSB) Mission Statement

At First US Bancshares, Inc. (FUSB), our mission is to be a trusted financial partner, providing innovative banking solutions and exceptional service to our customers while creating value for our shareholders and contributing to the communities we serve.

We are committed to building long-term relationships with our customers based on integrity, transparency, and excellence. We strive to understand and meet the unique financial needs of each individual, family, and business we serve.

Our core values guide our actions and decisions every day:

• Customer Focus: We prioritize the needs and goals of our customers above all else.
• Teamwork: We work together collaboratively to achieve our common goals.
• Innovation: We are constantly seeking new and better ways to serve our customers and improve our operations.
• Community Engagement: We are dedicated to giving back to the communities where we live and work.
• Financial Stewardship: We manage our resources prudently to ensure long-term sustainability and growth.

By staying true to our mission and values, we aim to be the premier financial institution in our market, known for our commitment to our customers, employees, shareholders, and communities.

How First US Bancshares, Inc. (FUSB) Works

First US Bancshares, Inc. (FUSB) operates as the bank holding company for First US Bank, providing various banking products and services to individuals and businesses. The company primarily focuses on serving the banking needs of small to medium-sized businesses in the southeastern region of the United States.

First US Bank offers a wide range of financial products and services, including checking and savings accounts, loans, mortgages, and investment services. The bank prides itself on providing personalized customer service and building long-term relationships with its clients.

One key aspect of how First US Bancshares, Inc. operates is its commitment to community involvement. The company actively participates in various philanthropic efforts and community events to give back to the areas it serves. This focus on community engagement helps to build trust and loyalty among customers.

First US Bancshares, Inc. also places a strong emphasis on technological innovation to enhance the customer experience. The company regularly invests in new technologies and digital banking solutions to make banking more convenient and accessible for its clients.

Overall, First US Bancshares, Inc. (FUSB) works diligently to provide high-quality banking services to its customers while also prioritizing community involvement and technological advancement.

How First US Bancshares, Inc. (FUSB) Makes Money

First US Bancshares, Inc. (FUSB) generates revenue through a variety of sources within its banking and financial services operations. Here are some key ways the company makes money:

• Interest Income: One of the primary ways FUSB generates revenue is through interest income on loans and securities. As a bank, FUSB collects interest on loans it extends to customers, as well as on investments in securities such as government bonds.
• Service Fees: FUSB also earns revenue through service fees charged to customers for various banking services, such as account maintenance fees, overdraft fees, and fees for wire transfers.
• Investment Income: In addition to interest income, FUSB earns revenue through investment activities. The company invests in various financial instruments to generate returns, such as stocks, bonds, and other securities.
• Deposit Fees: FUSB may also charge fees on deposits, such as minimum balance fees or fees for using out-of-network ATMs. These fees contribute to the company's revenue stream.
• Loan Origination Fees: When FUSB originates new loans, it may charge fees to borrowers for processing and underwriting these loans. These fees add to the company's bottom line.