First US Bancshares, Inc. (FUSB) Balance Sheet
FUSB balance sheet, 2025
December 31, 2025 · U.S. dollars$1.15B assets = $1.05B liabilities + $105.6M equity
Both columns are drawn to the same scale: what FUSB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FUSB financial health
Descriptive bands, not a rating. Fiscal 2025.
FUSB balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $606.9M2016 | $1.15B2025 | +7.4%/yr | |
| Total liabilities | $530.7M2016 | $1.05B2025 | +7.9%/yr | |
| Shareholders’ equity | $76.3M2016 | $105.6M2025 | +3.7%/yr | |
| Cash & short-term investments | $205.4M2016 | $83.9M2025 | −9.5%/yr | |
| Total debt | $25.1M2016 | $10.9M2025 | −8.8%/yr | |
| Net cash (debt) | $180.3M2016 | $73.0M2025 | −$107.3M | |
| Working capital | −$300.6M2016 | −$942.6M2025 | −$642.0M | |
| Book value per share | $11.872016 | $17.442025 | +4.4%/yr | |
| Debt / equity | 0.332016 | 0.102025 | −0.23 | |
| Shares outstanding | 6.4M2016 | 6.1M2025 | −0.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FUSB assets
FUSB liabilities and equity
FUSB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FUSB balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $83.9M | $71.1M | $185.8M | $160.9M | $192.1M | $179.4M | $151.0M | $182.1M | $181.0M | $205.4M |
| Cash & equivalents | $73.5M | $47.2M | $50.3M | $30.2M | $61.2M | $94.4M | $57.0M | $49.6M | $27.1M | $23.5M |
| Short-term investments | $10.4M | $23.9M | $135.6M | $130.8M | $130.9M | $85.0M | $94.0M | $132.5M | $153.9M | $181.9M |
| Receivables | $3.9M | $3.6M | $4.0M | $3.0M | $2.6M | $2.8M | $2.5M | $2.8M | $2.1M | $2.0M |
| Inventory | $0 | $0 | $9.0M | −$35.7M | −$66.0M | −$98.3M | −$70.9M | $1.7M | −$67.5M | −$46.9M |
| Other current assets | $0 | $0 | $0 | $35.7M | $66.0M | $98.3M | $70.9M | $0 | $67.5M | $46.9M |
| Total current assets | $87.9M | $74.7M | $189.8M | $164.0M | $194.7M | $182.2M | $153.5M | $184.9M | $183.1M | $207.4M |
| Property, plant & equipment (net) | $26.3M | $24.8M | $24.4M | $24.4M | $25.1M | $28.2M | $29.2M | $27.6M | $26.4M | $18.3M |
| Goodwill & intangible assets | $7.4M | $7.5M | $7.6M | $7.8M | $8.1M | $8.4M | $16.3M | $16.7M | $0 | $0 |
| Long-term investments | $168.5M | $168.6M | $136.7M | $132.7M | $134.3M | $91.4M | $653.6M | $668.8M | $526.3M | $530.6M |
| Other non-current assets | $864.7M | $825.5M | $714.4M | $665.8M | $596.1M | $580.3M | $0 | $0 | $0 | $0 |
| Total assets | $1.15B | $1.10B | $1.07B | $994.7M | $958.3M | $890.5M | $788.7M | $791.9M | $625.6M | $606.9M |
| Liabilities | ||||||||||
| Accounts payable | $2.5M | $1.8M | $2.0M | $607,000 | $224,000 | $292,000 | $537,000 | $424,000 | $381,000 | $241,000 |
| Short-term debt | $804,000 | $10.0M | $10.0M | $20.0M | $10.0M | $10.0M | $10.0M | $527,000 | $15.6M | $10.1M |
| Deferred revenue | — | — | −$2.0M | — | — | — | — | −$109.5M | −$85.7M | — |
| Total current liabilities | $1.03B | $984.3M | $962.2M | $890.6M | $848.4M | $792.5M | $694.2M | $705.7M | $533.1M | $508.0M |
| Long-term debt | $10.9M | $10.9M | $10.8M | $10.7M | $10.7M | $0 | $0 | $0 | $10.0M | $15.0M |
| Other long-term liabilities | $7.7M | $7.3M | $9.3M | $8.2M | $9.2M | $11.3M | $9.8M | $6.8M | $6.3M | $7.6M |
| Total liabilities | $1.05B | $1.00B | $982.3M | $909.5M | $868.2M | $803.8M | $704.0M | $712.5M | $549.4M | $530.7M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $79,000 | $78,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $10.8M | $10.9M |
| Retained earnings (deficit) | $121.2M | $116.9M | $110.0M | $104.5M | $98.4M | $94.7M | $92.8M | $88.7M | $86.7M | $87.4M |
| Treasury stock | — | — | — | −$26.7M | — | −$21.9M | −$21.9M | −$20.4M | −$20.4M | −$20.8M |
| Accumulated other comprehensive income | −$780,000 | −$4.3M | −$6.4M | −$7.2M | −$276,000 | −$52,000 | −$46,000 | −$2.4M | −$868,000 | −$1.3M |
| Minority interest | — | — | — | — | — | — | — | −$11,000 | −$11,000 | −$11,000 |
| Total shareholders' equity | $105.6M | $98.6M | $90.6M | $85.1M | $90.1M | $86.7M | $84.7M | $79.4M | $76.2M | $76.3M |
| Key figures | ||||||||||
| Total debt | $10.9M | $20.9M | $20.8M | $30.7M | $20.7M | $10.0M | $10.0M | $527,000 | $25.6M | $25.1M |
| Net cash (debt) | $73.0M | $50.2M | $165.0M | $130.2M | $171.4M | $169.4M | $141.0M | $181.6M | $155.4M | $180.3M |
| Working capital | −$942.6M | −$909.6M | −$772.4M | −$726.7M | −$653.7M | −$610.3M | −$540.7M | −$520.8M | −$350.0M | −$300.6M |
| Tangible book value | $98.2M | $91.1M | $83.0M | $77.3M | $82.0M | $78.3M | $68.5M | $62.7M | $76.2M | $76.3M |
| Book value per share | $17.44 | $16.12 | $14.21 | $13.09 | $13.36 | $12.93 | $12.46 | $11.81 | $12.98 | $11.87 |
| Shares outstanding | 6.1M | 6.1M | 6.4M | 6.5M | 6.7M | 6.7M | 6.8M | 6.7M | 5.9M | 6.4M |
| Current ratio | 0.09 | 0.08 | 0.20 | 0.18 | 0.23 | 0.23 | 0.22 | 0.26 | 0.34 | 0.41 |
| Quick ratio | 0.09 | 0.08 | 0.20 | 0.18 | 0.23 | 0.23 | 0.22 | 0.26 | 0.34 | 0.41 |
| Debt / equity | 0.10 | 0.21 | 0.23 | 0.36 | 0.23 | 0.12 | 0.12 | 0.01 | 0.34 | 0.33 |
| Equity / assets | 9.1% | 9.0% | 8.4% | 8.6% | 9.4% | 9.7% | 10.7% | 10.0% | 12.2% | 12.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $177.3M | $77.0M | $83.9M | $64.9M | $210.5M | $217.4M | $71.1M | $226.6M | $202.2M | $185.6M | $185.8M | $192.7M |
| Cash & equivalents | $11.7M | $66.6M | $73.5M | $54.7M | $54.0M | $56.0M | $47.2M | $82.3M | $58.2M | $60.2M | $50.3M | $66.1M |
| Short-term investments | $165.6M | $10.4M | $10.4M | $10.2M | $156.6M | $161.3M | $23.9M | $144.3M | $144.0M | $125.4M | $135.6M | $126.6M |
| Receivables | $4.0M | $4.0M | $3.9M | $3.9M | $3.9M | $3.8M | $3.6M | $3.7M | $3.8M | $4.1M | $4.0M | $3.5M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$158.8M | −$159.4M | −$148.1M | $9.0M | −$71.7M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $158.8M | $159.4M | $148.1M | $0 | $71.7M |
| Total current assets | $15.7M | $80.9M | $87.9M | $68.9M | $214.4M | $221.1M | $74.7M | $230.3M | $206.0M | $189.8M | $189.8M | $196.2M |
| Property, plant & equipment (net) | $27.2M | $26.3M | $26.3M | $26.5M | $26.5M | $24.6M | $24.8M | $25.0M | $24.9M | $25.0M | $24.4M | $24.3M |
| Goodwill & intangible assets | $14.9M | $7.4M | $7.4M | $11.4M | $7.4M | $7.5M | $7.5M | $7.5M | $7.5M | $7.6M | $7.6M | $7.6M |
| Long-term investments | $166.0M | $181.5M | $168.5M | $164.5M | $157.1M | $161.9M | $168.6M | $145.0M | $144.9M | $126.4M | $136.7M | $127.8M |
| Other non-current assets | $923.9M | $869.1M | $864.7M | $876.0M | $737.9M | $711.9M | $825.5M | $692.4M | $700.0M | $721.8M | $714.4M | $709.3M |
| Total assets | $1.15B | $1.17B | $1.15B | $1.15B | $1.14B | $1.13B | $1.10B | $1.10B | $1.08B | $1.07B | $1.07B | $1.07B |
| Liabilities | ||||||||||||
| Accounts payable | $1.5M | $2.8M | $2.5M | $2.4M | $2.0M | $1.7M | $1.8M | $2.0M | $2.0M | $1.7M | $2.0M | $1.9M |
| Short-term debt | $25.0M | $315,000 | $804,000 | $20.0M | $35.0M | $45.0M | $10.0M | $100,000 | $15.0M | $15.0M | $10.0M | $30.0M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$2.0M | −$1.7M | −$2.0M | — |
| Total current liabilities | $25.0M | $1.04B | $1.03B | $1.02B | $1.02B | $1.01B | $984.3M | $983.2M | $971.5M | $960.0M | $962.2M | $958.9M |
| Long-term debt | $11.0M | $11.0M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $10.8M | $10.8M | $10.8M | $10.8M |
| Other long-term liabilities | $1.01B | $8.0M | $7.7M | $7.2M | $6.8M | $6.2M | $7.3M | $7.7M | $7.2M | $7.4M | $9.3M | $8.1M |
| Total liabilities | $1.04B | $1.06B | $1.05B | $1.04B | $1.04B | $1.03B | $1.00B | $1.00B | $989.5M | $978.2M | $982.3M | $977.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $80,000 | $80,000 | $79,000 | $79,000 | $79,000 | $79,000 | $78,000 | $78,000 | $78,000 | $75,000 | $75,000 | $75,000 |
| Retained earnings (deficit) | $124.2M | $122.8M | $121.2M | $119.5M | $118.0M | $118.2M | $116.9M | $115.6M | $113.6M | $111.8M | $110.0M | $108.0M |
| Accumulated other comprehensive income | −$1.7M | −$1.3M | −$780,000 | −$1.4M | −$2.1M | −$2.7M | −$4.3M | −$3.5M | −$6.4M | −$6.6M | −$6.4M | −$8.9M |
| Total shareholders' equity | $104.3M | $104.6M | $105.6M | $104.2M | $101.9M | $101.2M | $98.6M | $98.5M | $93.8M | $92.3M | $90.6M | $87.4M |
| Key figures | ||||||||||||
| Total debt | $36.0M | $11.0M | $10.9M | $30.9M | $45.9M | $55.9M | $20.9M | $10.9M | $25.8M | $25.8M | $20.8M | $40.8M |
| Net cash (debt) | $141.3M | $66.0M | $73.0M | $34.0M | $164.6M | $161.5M | $50.2M | $215.7M | $176.4M | $159.8M | $165.0M | $151.9M |
| Working capital | −$9.3M | −$960.7M | −$942.6M | −$956.0M | −$809.4M | −$787.5M | −$909.6M | −$752.9M | −$765.5M | −$770.2M | −$772.4M | −$762.7M |
| Tangible book value | $89.4M | $97.2M | $98.2M | $92.9M | $94.4M | $93.8M | $91.1M | $91.0M | $86.3M | $84.8M | $83.0M | $79.8M |
| Book value per share | $17.69 | $17.75 | $17.44 | $17.20 | $16.82 | $16.71 | $16.69 | $15.96 | $15.11 | $14.90 | $14.32 | $13.65 |
| Shares outstanding | 5.9M | 5.9M | 6.1M | 6.1M | 6.1M | 6.1M | 5.9M | 6.2M | 6.2M | 6.2M | 6.3M | 6.4M |
| Current ratio | 0.63 | 0.08 | 0.09 | 0.07 | 0.21 | 0.22 | 0.08 | 0.23 | 0.21 | 0.20 | 0.20 | 0.20 |
| Quick ratio | 7.25 | 0.08 | 0.09 | 0.07 | 0.21 | 0.22 | 0.08 | 0.23 | 0.21 | 0.20 | 0.20 | 0.20 |
| Debt / equity | 0.35 | 0.10 | 0.10 | 0.30 | 0.45 | 0.55 | 0.21 | 0.11 | 0.28 | 0.28 | 0.23 | 0.47 |
| Equity / assets | 9.1% | 9.0% | 9.1% | 9.1% | 8.9% | 9.0% | 9.0% | 9.0% | 8.7% | 8.6% | 8.4% | 8.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 12, 2026); data from EODHD.
FUSB financial position
At the end of fiscal 2025 (December 31, 2025), First US Bancshares had total assets of $1.2 billion (up 4.9% from a year earlier), total liabilities of $1.0 billion and shareholders' equity of $105.6 million. It held $83.9 million in cash and short-term investments against $10.9 million of debt, a net cash position of $73.0 million. Its current ratio was 0.09. In the latest quarter (ended June 30, 2026) total assets were $1.1 billion and equity $104.3 million.
Related: FUSB income statement, FUSB cash flow statement, FUSB key metrics. See the FUSB stock overview for the latest quote and news.
FUSB balance sheet FAQ
What are First US Bancshares's total assets?
First US Bancshares reported total assets of $1.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.1 billion a year earlier.
How much debt does First US Bancshares have?
First US Bancshares had $10.9 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.10.
How much cash does First US Bancshares have?
First US Bancshares held $83.9 million in cash and short-term investments at the end of fiscal 2025; with $10.9 million of debt that is net cash of $73.0 million.
What is First US Bancshares's book value?
First US Bancshares's shareholders' equity (book value) was $105.6 million at the end of fiscal 2025, or $17.44 per share.
What is First US Bancshares's current ratio?
First US Bancshares had current assets of $87.9 million and current liabilities of $1.0 billion, a current ratio of 0.09 (current liabilities exceed current assets).
How much goodwill does First US Bancshares have?
First US Bancshares carried $7.4 million of goodwill and intangible assets, 0.6% of total assets, at the end of fiscal 2025.