Tranche Update on First US Bancshares, Inc.'s Equity Buyback Plan announced on January 20, 2006.
July 27, 2022 at 04:16 pm
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From April 1, 2022 to June 30, 2022, the company has repurchased 260,800 shares, representing 4.25% for $2.87 million. With this, the company has completed the repurchase of 981,972 shares, representing 15.64% for $16.29 million under the buyback announced on January 20, 2006.
First US Bancshares, Inc. is a bank holding company. The Company operates one banking subsidiary, First US Bank, an Alabama banking corporation (the Bank). The Bank conducts a general commercial banking business and offers banking services, such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a range of commercial banking services to small-and medium-sized businesses, property managers, business executives, professionals and other individuals. The Bank also performs indirect lending through third-party retailers and conducts this lending in 17 states, including Alabama, Arkansas, Florida, Georgia, Indiana, Kansas, Kentucky, and others. It operates and serves its customers through 15 full-service banking offices located in Birmingham, Butler, Calera, Centreville, and others. It also has loan production offices in Mobile, Alabama and the Chattanooga, Tennessee area.
FIRST US BANCSHARES, INC. 