First US Bancshares, Inc. (NASDAQ:FUSB) Files An 8-K Other Events

First US Bancshares, Inc. (NASDAQ:FUSB) Files An 8-K Other Events
Item 8.01Other Events

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On September 29, 2017, First US Bancshares, Inc. (the “Company”) issued a press release announcing the relocation of the principal executive offices of the Company and its wholly owned banking subsidiary, First US Bank (the “Bank”), to a recently constructed branch office of the Bank located at 3291 U.S. Highway 280, Birmingham, Alabama 35243. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits

The following exhibits are filed herewith:

Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements, as defined by federal securities laws. Statements contained in this report that are not historical facts are forward-looking statements. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. The Company undertakes no obligation to update these statements following the date of this report, except as required by law. In addition, the Company, through its senior management, may make from time to time forward-looking public statements concerning the matters described herein. Such forward-looking statements are necessarily estimates reflecting the best judgment of the Company’s senior management based upon current information and involve a number of risks and uncertainties. Certain factors that could affect the accuracy of such forward-looking statements are identified in the public filings made by the Company with the Securities and Exchange Commission, and forward-looking statements contained in this report or in other public statements of the Company or its senior management should be considered in light of those factors. Specifically, with respect to statements relating to loan demand, growth and earnings potential, geographic expansion and the adequacy of the allowance for loan losses for the Company, these factors include, but are not limited to, the rate of growth (or lack thereof) in the economy generally and in the Bank’s and ALC’s service areas, the availability of quality loans in the Bank’s and ALC’s service areas, the relative strength and weakness in the consumer and commercial credit sectors and in the real estate markets and collateral values. There can be no assurance that such factors or other factors will not affect the accuracy of such forward-looking statements.

EX-99.1 2 ex_96092.htm EXHIBIT 99.1 ex_96092.htm Exhibit 99.1     Contact:     Thomas S. Elley 205-582-1200       FIRST US BANCSHARES,…
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About First US Bancshares, Inc. (NASDAQ:FUSB)

First US Bancshares, Inc., formerly United Security Bancshares, Inc., incorporated on June 4, 1999, is the bank holding company for First US Bank (the Bank or FUSB). The Bank operates a finance company, Acceptance Loan Company, Inc. (ALC). The Bank operates through two segments: FUSB and ALC. As of December 31, 2015, the Bank operated and served its customers through 19 banking offices located in Brent, Bucksville, Butler, Calera, Centreville, Coffeeville, Columbiana, Fulton, Gilbertown, Grove Hill, Harpersville, Jackson, Thomasville, Tuscaloosa and Woodstock, Alabama. The Bank provides a range of commercial banking services to small and medium-sized businesses, property managers, business executives, professionals and other individuals. As of December 31, 2015, ALC operated and served its customers through 22 offices in Alabama and southeast Mississippi. FUSB Reinsurance underwrites credit life and credit accident and health insurance policies.

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