First US Bancshares, Inc. (FUSB) financial statements (2022 and earlier)

Company profile

Business Address 3291 U.S. HIGHWAY 280
BIRMINGHAM, AL 35243
State of Incorp. DE
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments61,24475,26081,823125,86794,41565,643108,268
Cash and cash equivalents61,24475,26081,823125,86794,41565,643108,268
Total current assets:61,24475,26081,823125,86794,41565,643108,268
Noncurrent Assets
Operating lease, right-of-use asset2,2452,6572,8132,9133,0703,1093,269
Property, plant and equipment25,12325,44527,95927,95328,20628,33728,724
Intangible assets, net (including goodwill)8,0698,1428,2278,3198,4108,5028,605
Goodwill7,4357,4357,4357,4357,4357,4357,435
Intangible assets, net (excluding goodwill)6347077928849751,0671,170
Total noncurrent assets:35,43736,24438,99939,18539,68639,94840,598
Other undisclosed assets861,621845,230826,124761,483756,410747,350696,881
TOTAL ASSETS:958,302956,734946,946926,535890,511852,941845,747
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt10,04610,03710,01710,01710,01710,04510,334
Total current liabilities:10,04610,03710,01710,01710,01710,04510,334
Noncurrent Liabilities
Other undisclosed liabilities858,192857,100848,151828,601793,816757,238750,132
Total liabilities:868,238867,137858,168838,618803,833767,283760,466
Stockholders' equity
Stockholders' equity attributable to parent90,06489,59788,77887,91786,67885,65885,281
Common stock75757575757575
Treasury stock, value(22,326)(21,801)(21,842)(21,860)(21,853)(21,853)(21,858)
Additional paid in capital14,16314,05113,98113,88913,78613,68013,573
Accumulated other comprehensive income (loss)(276)369312327(52)(106)(145)
Retained earnings98,42896,90396,25295,48694,72293,86293,636
Total stockholders' equity:90,06489,59788,77887,91786,67885,65885,281
TOTAL LIABILITIES AND EQUITY:958,302956,734946,946926,535890,511852,941845,747

Income statement (P&L) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues11,1129,6029,7359,59511,7469,6449,334
Net investment income11,0669,5689,6689,49011,6349,5579,237
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(493)(618)(498)(401)(469)(1,046)(850)
Gross profit:10,6198,9849,2379,19411,2778,5988,484
Operating income:10,6198,9849,2379,19411,2778,5988,484
Nonoperating income
(Bank Owned Life Insurance Income)
112110109 110108107
Interest and debt expense(727)(695)(747)(781)(912)(1,031)(1,157)
Income from continuing operations before equity method investments, income taxes:10,0048,3998,5998,41310,4757,6757,434
Other undisclosed loss from continuing operations before income taxes(7,786)(7,333)(7,375)(7,195)(9,121)(7,128)(6,912)
Income from continuing operations before income taxes:2,2181,0661,2241,2181,354547522
Income tax expense(507)(229)(271)(268)(309)(136)(118)
Net income available to common stockholders, diluted:1,7118379539501,045411404

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income:1,7118379539501,045411404
Other comprehensive income (loss)(645)57(15)3795439618
Comprehensive income:1,0668949381,3291,0994501,022
Comprehensive income (loss), net of tax, attributable to noncontrolling interest33975(1)48513645(168)
Comprehensive income, net of tax, attributable to parent:1,4059699371,8141,235495854

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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