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
- Net income $1.8M, EPS $0.29, 3.1% loan growth, and strong capital in 1Q2025.FUSB
Q1 202512 Feb 2026 - Earnings fell on higher credit loss provisions, but loan growth and capital strength persisted.FUSB
Q2 202512 Feb 2026 - Earnings rose to $1.9M in 3Q2025 as asset quality and capital strength improved.FUSB
Q3 202512 Feb 2026 - EPS declined year-over-year, but net income, credit quality, and capital improved.FUSB
Q4 202512 Feb 2026 - 4Q2024 EPS fell on margin compression, but tangible book value and capital ratios improved.FUSB
Q4 202412 Feb 2026 - Earnings and capital improved, offsetting loan declines with deposit and investment growth.FUSB
Q3 202412 Feb 2026 - Q2 net income was $2.1M, margin expanded, and capital and liquidity stayed strong.FUSB
Q2 202412 Feb 2026 - Virtual meeting to elect directors, ratify auditor, and approve executive pay, with strong governance.FUSB
Proxy Filing2 Dec 2025