First US Bancshares, Inc. Declares Cash Dividend, Payable on January 3, 2023
November 16, 2022 at 04:30 pm EST
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First US Bancshares, Inc. announced that the Company's Board of Directors has declared a cash dividend of $0.05 per share. The dividend is payable on January 3, 2023, to shareholders of record at the close of business on December 9, 2022. The $0.05 per share dividend represents a 67% increase from $0.03 per share declared each quarter since the fourth quarter of 2019, and it represents the thirty-fourth consecutive quarter that the Company has paid a dividend.
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. 
