First US Bancshares (FUSB) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
18 Mar, 2026Executive summary
The 2026 Annual Meeting will be held virtually on April 30, 2026, with shareholders able to vote online, by phone, or by mail, and to submit questions during the meeting.
Proxy materials are distributed primarily via internet to reduce costs and environmental impact, with paper copies available upon request.
Shareholders as of March 6, 2026, are eligible to vote on the election of 12 directors, ratification of the external auditor, and an advisory say-on-pay vote.
Voting matters and shareholder proposals
Shareholders will vote on: (1) election of 12 directors, (2) ratification of Carr, Riggs & Ingram, LLC as independent auditors for 2026, and (3) advisory approval of executive compensation.
The board recommends voting FOR all director nominees and FOR Proposals 2 and 3.
Shareholder proposals for the 2027 meeting must be submitted by November 18, 2026, for inclusion in proxy materials.
Board of directors and corporate governance
The board consists of 12 members, with a majority deemed independent under Nasdaq rules; only the CEO is not independent.
The Chairperson and CEO roles were combined in January 2025; a Lead Independent Director is designated.
The board has Audit, Compensation, Nominating and Corporate Governance, and Executive Committees, all with independent members.
Directors are selected based on independence, experience, and skills relevant to the company’s needs.
Shareholders can recommend director nominees and communicate directly with the board.
Latest events from First US Bancshares
- Quarterly net income and EPS rose, credit quality and liquidity improved, capital remains strong.FUSB
Q4 202530 Jun 2026 - Net income $1.8M, EPS $0.29, loan growth strong, capital and asset quality solid in 1Q2025.FUSB
Q1 202530 Jun 2026 - Earnings fell on higher credit loss provisions, but loan growth and capital strength persisted.FUSB
Q2 202530 Jun 2026 - Earnings rebounded to $1.9M in 3Q2025 as credit costs fell and asset quality improved.FUSB
Q3 202530 Jun 2026 - Q2 net income steady at $2.1M; margin expands, capital and liquidity remain strong.FUSB
Q2 202430 Jun 2026 - Net income and EPS rose, with strong capital and liquidity despite loan declines and margin pressure.FUSB
Q3 202430 Jun 2026 - EPS steady at $1.33, tangible book value up 10.6%, and efficiency and capital improved in 2024.FUSB
Q4 202430 Jun 2026 - Net income rose to $1.9M, EPS up 13.8%, and capital ratios remained strong.FUSB
Q1 20267 May 2026 - Virtual annual meeting set for April 30, 2026, with key votes on directors, auditors, and pay.FUSB
Proxy filing1 Apr 2026