Core Viewpoint - First US Bancshares, Inc. reported a net income of $1.9 million for Q3 2025, showing a significant increase from $0.2 million in Q2 2025 but a decrease from $2.2 million in Q3 2024. For the nine months ended September 30, 2025, net income totaled $3.9 million, down from $6.5 million in the same period of 2024 [1][2]. Financial Performance - Net interest income for Q3 2025 was $9.66 million, a 2.0% increase from Q2 2025 and a 5.2% increase from Q3 2024. The net interest margin remained stable at 3.60% [7][21]. - The provision for credit losses was $0.6 million in Q3 2025, significantly lower than $2.7 million in Q2 2025 and $0.2 million in Q3 2024. For the nine months ended September 30, 2025, the total provision was $3.8 million, compared to $0.2 million in the same period of 2024 [8][9]. Asset Quality - Nonperforming assets decreased to $2.2 million as of September 30, 2025, down from $5.5 million at the end of 2024, representing 0.19% of total assets [11]. - Net charge-offs for Q3 2025 were $1.3 million, with a net charge-off rate of 0.61% of average loans, compared to 0.79% in Q2 2025 [11][12]. Deposits and Borrowings - Total deposits increased by $15.6 million, or 1.6%, during Q3 2025, with core deposits making up 83.6% of total deposits [10]. - Short-term borrowings stood at $20 million as of September 30, 2025, up from $10 million at the end of 2024, aimed at maintaining liquidity [10]. Shareholder Equity and Dividends - Shareholders' equity reached $104.2 million as of September 30, 2025, representing 9.09% of total assets, an increase from $98.6 million at the end of 2024 [12]. - The company declared a cash dividend of $0.07 per share in Q3 2025, consistent with the previous two quarters [12]. Growth and Expansion - The company is renovating a banking center in Daphne, Alabama, expected to open in the first half of 2026, and has opened a new automated banking facility in Mountain Brook, Alabama [16].