2019 Q4 Form 10-K Financial Statement

#000156459020011613 Filed on March 18, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $10.83M $43.59M $11.18M
YoY Change -3.15% 5348.5% 38.21%
Cost Of Revenue $310.0K
YoY Change -36.99%
Gross Profit $43.28M
YoY Change 13951.3%
Gross Profit Margin 99.29%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $867.0K
YoY Change 6.91%
% of Gross Profit 2.0%
Depreciation & Amortization $510.0K $2.100M $510.0K
YoY Change 0.0% 28.83% 45.71%
% of Gross Profit 4.85%
Operating Expenses $6.499M
YoY Change 8.95%
Operating Profit $36.78M
YoY Change -750.15%
Interest Expense $1.636M $6.646M $1.533M
YoY Change 6.72% 52.78% 90.67%
% of Operating Profit 18.07%
Other Income/Expense, Net
YoY Change
Pretax Income $1.590M $5.812M $1.947M
YoY Change -18.34% 71.39% 165.26%
Income Tax $381.0K $1.250M $470.0K
% Of Pretax Income 23.96% 21.51% 24.14%
Net Earnings $1.209M $4.566M $1.477M
YoY Change -18.14% 83.37% -179.15%
Net Earnings / Revenue 11.17% 10.48% 13.21%
Basic Earnings Per Share $0.19 $0.71 $0.23
Diluted Earnings Per Share $0.18 $0.67 $0.22
COMMON SHARES
Basic Shares Outstanding 6.222M 6.387M
Diluted Shares Outstanding 6.800M

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $165.4M $203.5M
YoY Change -18.75% -1.8%
Cash & Equivalents $57.03M $49.60M
Short-Term Investments $108.4M $153.9M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $29.22M $29.20M $27.64M
YoY Change 5.69% 5.8% 4.58%
Goodwill $7.400M $7.400M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $788.7M $788.7M $791.9M
YoY Change -0.4% -0.4% 26.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $500.0K $500.0K $400.0K
YoY Change 25.0% 25.0% 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $10.03M $10.00M $527.0K
YoY Change 1802.28% 1900.0% -96.62%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $500.0K $500.0K $400.0K
YoY Change 25.0% 25.0% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $9.800M $9.800M $6.800M
YoY Change 44.12% 44.12% 7.94%
Total Long-Term Liabilities $9.800M $9.800M $6.800M
YoY Change 44.12% 44.12% 7.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $500.0K $500.0K $400.0K
Total Long-Term Liabilities $9.800M $9.800M $6.800M
Total Liabilities $704.0M $704.0M $712.5M
YoY Change -1.19% -1.19% 29.69%
SHAREHOLDERS EQUITY
Retained Earnings $92.76M $88.67M
YoY Change 4.61% 2.3%
Common Stock $13.89M $13.57M
YoY Change 2.34% 25.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $21.85M $20.41M
YoY Change 7.03% 0.0%
Treasury Stock Shares $1.410M $1.264M
Shareholders Equity $84.70M $84.70M $79.40M
YoY Change
Total Liabilities & Shareholders Equity $788.7M $788.7M $791.9M
YoY Change -0.4% -0.4% 26.59%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income $1.209M $4.566M $1.477M
YoY Change -18.14% 83.37% -179.15%
Depreciation, Depletion And Amortization $510.0K $2.100M $510.0K
YoY Change 0.0% 28.83% 45.71%
Cash From Operating Activities $2.740M $11.32M $500.0K
YoY Change 448.0% 40.31% -63.5%
INVESTING ACTIVITIES
Capital Expenditures -$320.0K $3.184M -$900.0K
YoY Change -64.44% 105.55% 69.81%
Acquisitions
YoY Change
Other Investing Activities $4.230M $12.91M $13.04M
YoY Change -67.56% 203.76% -165.89%
Cash From Investing Activities $3.890M $9.721M $12.14M
YoY Change -67.96% 259.77% -159.74%
FINANCING ACTIVITIES
Cash Dividend Paid $562.0K
YoY Change 13.54%
Common Stock Issuance & Retirement, Net $1.478M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 14.96M -13.61M -13.13M
YoY Change -213.94% -216.19% -197.04%
NET CHANGE
Cash From Operating Activities 2.740M 11.32M 500.0K
Cash From Investing Activities 3.890M 9.721M 12.14M
Cash From Financing Activities 14.96M -13.61M -13.13M
Net Change In Cash 21.59M 7.431M -490.0K
YoY Change -4506.12% -66.94% -90.96%
FREE CASH FLOW
Cash From Operating Activities $2.740M $11.32M $500.0K
Capital Expenditures -$320.0K $3.184M -$900.0K
Free Cash Flow $3.060M $8.131M $1.400M
YoY Change 118.57% 24.8% -26.32%

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CY2018 us-gaap Increase Decrease In Other Operating Assets
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CY2019 us-gaap Increase Decrease In Interest Payable Net
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CY2018 us-gaap Increase Decrease In Interest Payable Net
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CY2019 us-gaap Increase Decrease In Other Operating Liabilities
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CY2018 us-gaap Increase Decrease In Other Operating Liabilities
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Increase Decrease In Federal Funds Sold
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CY2018 us-gaap Increase Decrease In Federal Funds Sold
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CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
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CY2018 us-gaap Payments To Acquire Available For Sale Securities Debt
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CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2018 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
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CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
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CY2019 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
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CY2018 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
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CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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19014000
CY2019 fusb Proceeds From Sale Of Premises And Equipment And Other Real Estate
ProceedsFromSaleOfPremisesAndEquipmentAndOtherRealEstate
1259000
CY2018 fusb Proceeds From Sale Of Premises And Equipment And Other Real Estate
ProceedsFromSaleOfPremisesAndEquipmentAndOtherRealEstate
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CY2019 us-gaap Payments For Proceeds From Loans Receivable
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34430000
CY2018 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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2702000
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
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CY2018 us-gaap Increase Decrease In Contract With Customer Liability
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CY2019 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2018 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2018 us-gaap Payments For Federal Home Loan Bank Advances
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10000000
CY2019 us-gaap Payments For Repurchase Of Common Stock
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1478000
CY2019 us-gaap Payments Of Dividends
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CY2018 us-gaap Payments Of Dividends
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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7431000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019 us-gaap Nature Of Operations
NatureOfOperations
<div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:5%;white-space:nowrap"> <p style="margin-bottom:0pt;margin-top:10pt;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">1.</font></p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:10pt;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:12pt;"><font style="font-weight:normal;"></font><font style="font-size:10pt;">DESCRIPTION OF BUSINESS</font></p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:5%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">First US Bancshares, Inc. (&#8220;Bancshares&#8221;) and its wholly-owned subsidiary, First US Bank (the &#8220;Bank&#8221;), provide commercial banking services to customers through 20 banking offices located in Birmingham, Bucksville, Butler, Calera, Centreville,&#160;Columbiana,&#160;Gilbertown, Grove Hill, Harpersville, Jackson, Thomasville, Tuscaloosa and Woodstock, Alabama; Knoxville and Powell, Tennessee; and Rose Hill and Ewing, Virginia. In addition, the Bank operates loan production offices in Mobile, Alabama and the Chattanooga, Tennessee area. Both Bancshares and the Bank are headquartered in Birmingham, Alabama.</p> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:5%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Bank owns all of the stock of Acceptance Loan Company, Inc., an Alabama corporation (&#8220;ALC&#8221;). ALC is a finance company headquartered in Mobile, Alabama that performs both indirect lending through third-party retailers and conventional consumer finance lending through a branch network. As of December 31, 2019, ALC conducted indirect lending in 11 states, including Alabama, Florida, Georgia, Kentucky, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas and Virginia, with loans underwritten centrally at ALC&#8217;s headquarters location. ALC&#8217;s branch network serves customers through 21 offices located in Alabama and southeast Mississippi.</p> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:5%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Bank also owns all of the stock of FUSB Reinsurance, Inc. (&#8220;FUSB Reinsurance&#8221;), an Arizona corporation. FUSB Reinsurance is an insurance company that underwrites credit life and accidental death insurance related to consumer loans written by the Bank and ALC.</p>
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:10pt;margin-left:5%;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:5%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accounting principles and reporting policies of the Company, and the methods of applying these principles, conform with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;) and with general practices within the financial services industry. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated balance sheets and revenues and expenses for the period included in the consolidated statements of operations and of cash flows. Actual results could differ from those estimates.</p> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:5%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Material estimates that are particularly susceptible to significant changes in the near term relate to the accounting for the allowance for loan and lease losses, the right-of-use asset and lease liability, the value of other real estate owned (&#8220;OREO&#8221;) and certain collateral-dependent loans, consideration related to goodwill impairment testing and deferred tax asset valuation. In connection with the determination of the allowance for loan losses and OREO, management generally obtains independent appraisals for significant properties, evaluates the overall portfolio characteristics and delinquencies and monitors economic conditions.</p> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:5%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">A substantial portion of the Company&#8217;s loans are secured by real estate in its primary market areas. Accordingly, the ultimate collectability of a substantial portion of the Company&#8217;s loan portfolio and the recovery of a portion of the carrying amount of foreclosed real estate are susceptible to changes in economic conditions in the Company&#8217;s primary market areas.</p>
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-bottom:0pt;margin-top:10pt;margin-left:5%;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Reclassification and Restatement</p> <p style="margin-bottom:0pt;margin-top:10pt;margin-left:5%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain amounts in the prior period consolidated financial statements have been reclassified to conform to the 2019 presentation. These reclassifications had no effect on the Company&#8217;s results of operations, financial position or net cash flow.</p>
CY2019 fusb Maximum Maturity Period For Cash Equivalents
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CY2019 us-gaap Mortgage Loans On Real Estate Foreclosures
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CY2019 fusb Number Of Investment Portfolios
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CY2019 fusb Number Of Securities Held As Trading Securities
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CY2019 us-gaap Number Of Reportable Segments
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CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2018Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Marketable Securities
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CY2018Q3 fusb Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
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CY2018Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
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CY2018Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
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CY2018Q3 fusb Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities And Shareholders Equity
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CY2018Q3 us-gaap Goodwill
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CY2018Q3 us-gaap Business Combination Acquired Receivables Fair Value
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CY2018Q3 fusb Business Combination Purchased Loans
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CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2019Q4 us-gaap Held To Maturity Securities Fair Value
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CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
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CY2019Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
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6449000
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CY2019Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
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CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
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CY2019Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
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CY2019Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
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CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
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107357000
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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CY2019Q4 us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Carrying Amount Net
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CY2018Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
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CY2018Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
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CY2018Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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69
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
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CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
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35
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
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21
CY2019 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
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CY2018 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
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CY2019Q4 us-gaap Debt Securities Available For Sale Restricted
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CY2018Q4 us-gaap Debt Securities Available For Sale Restricted
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46700000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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556053000
CY2019Q4 us-gaap Loans And Leases Receivable Deferred Income
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5048000
CY2018Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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525870000
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5948000
CY2019Q4 us-gaap Loans Pledged As Collateral
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CY2018Q4 us-gaap Loans Pledged As Collateral
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CY2018Q4 us-gaap Loans And Leases Receivable Related Parties
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CY2018 us-gaap Loans And Leases Receivable Related Parties Additions
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CY2018 us-gaap Loans And Leases Receivable Related Parties Proceeds
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CY2019Q4 us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Outstanding Balance
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CY2018Q4 us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Outstanding Balance
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CY2018Q4 us-gaap Certain Loans Acquired In Transfer Accretable Yield
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CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
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CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
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CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
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CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
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CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
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CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
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CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
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CY2018Q4 us-gaap Impaired Financing Receivable Related Allowance
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CY2019 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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CY2019Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
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CY2018Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
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2800000
CY2019 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
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CY2018 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
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CY2019Q4 fusb Foreclosed Real Estate Owned Fair Value Less Disposal Costs
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CY2018Q4 fusb Foreclosed Real Estate Owned Fair Value Less Disposal Costs
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CY2019Q4 fusb Interest Income Recorded
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CY2018Q4 fusb Interest Income Recorded
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CY2019Q4 fusb Financing Receivable Restructuring Recorded Investment With Nonaccrual Status
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CY2018Q4 fusb Financing Receivable Restructuring Recorded Investment With Nonaccrual Status
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CY2019Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period Cash Flows Expected To Be Collected At Acquisition
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CY2018Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period Cash Flows Expected To Be Collected At Acquisition
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CY2019 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
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CY2018 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
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CY2019 us-gaap Financing Receivable Modifications Number Of Contracts2
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CY2018 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
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CY2018Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
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CY2019Q4 us-gaap Foreclosed Assets
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CY2018Q4 us-gaap Foreclosed Assets
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658000
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1390000
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CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2019Q4 us-gaap Time Deposits
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CY2019Q4 fusb Brokered Certificates Of Deposit
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CY2018Q4 fusb Brokered Certificates Of Deposit
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CY2019Q4 us-gaap Related Party Deposit Liabilities
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CY2018Q4 us-gaap Related Party Deposit Liabilities
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CY2018Q4 us-gaap Federal Funds Purchased
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CY2019Q4 fusb Available Fund Lines From Correspondent Banks
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CY2018Q4 fusb Available Fund Lines From Correspondent Banks
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CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
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CY2018Q4 us-gaap Securities Sold Under Agreements To Repurchase
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CY2019Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
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CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
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CY2019Q4 us-gaap Federal Home Loan Bank Advances Long Term
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CY2018Q4 us-gaap Federal Home Loan Bank Advances Long Term
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CY2019 us-gaap Federal Home Loan Bank Advances Activity For Year Average Balance Of Agreements Outstanding
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CY2018 us-gaap Federal Home Loan Bank Advances Activity For Year Average Balance Of Agreements Outstanding
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CY2019Q4 us-gaap Federal Home Loan Bank Advances Activity For Year Maximum Outstanding At Any Month End
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CY2018Q4 us-gaap Federal Home Loan Bank Advances Activity For Year Maximum Outstanding At Any Month End
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CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2019 us-gaap Current State And Local Tax Expense Benefit
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CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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347000
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463000
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CY2019Q4 us-gaap Deferred Compensation Arrangement With Individual Common Stock Reserved For Future Issuance
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CY2018Q4 us-gaap Deferred Compensation Arrangement With Individual Common Stock Reserved For Future Issuance
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P7Y6M
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y6M
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.309
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.283
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0125
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0150
CY2019 fusb Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Fair Value Of Stock Option
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsFairValueOfStockOption
3.30
CY2018 fusb Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Fair Value Of Stock Option
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsFairValueOfStockOption
3.51
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
377950
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
318000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
68150
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
62150
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
7000
CY2019Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.10500
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
500
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
26300
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1700
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
412800
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
298467
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
249467
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.80
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.43
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
9.99
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.71
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.30
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.12
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
11.96
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
11.15
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.72
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
9.16
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
8.72
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
900000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0
CY2019 fusb Capital Conservation Buffer Rate
CapitalConservationBufferRate
0.0250
CY2018 fusb Capital Conservation Buffer Rate
CapitalConservationBufferRate
0.01875
CY2019Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
74375000
CY2019Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
74375000
CY2019Q4 us-gaap Capital
Capital
80137000
CY2019Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
74375000
CY2019Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.1278
CY2019Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1278
CY2019Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1377
CY2019Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0961
CY2019Q4 fusb Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.07000
CY2019Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.08500
CY2019Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0400
CY2019Q4 fusb Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Asset
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAsset
0.0650
CY2019Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0800
CY2019Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.1000
CY2019Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0500
CY2018Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
70177000
CY2018Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
70177000
CY2018Q4 us-gaap Capital
Capital
75232000
CY2018Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
70177000
CY2018Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.1262
CY2018Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1262
CY2018Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1353
CY2018Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0896
CY2018Q4 fusb Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06375
CY2018Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.07875
CY2018Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.09875
CY2018Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0400
CY2018Q4 fusb Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Asset
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAsset
0.0650
CY2018Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0800
CY2018Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.1000
CY2018Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0500
CY2019 us-gaap Dividend Payment Restrictions Schedule Description
DividendPaymentRestrictionsScheduleDescription
Under Alabama law, a state-chartered bank must annually transfer to surplus at least 10% of its “net earnings” (defined as the remainder of all earnings from current operations plus actual recoveries on loans and investments and other assets, less all current operating expenses, actual losses, accrued dividends on preferred stock and all federal, state and local taxes) until the bank’s surplus is at least 20% of its capital. Until the bank’s surplus reaches this level, a bank may not declare a dividend in excess of 90% of its net earnings. Once a bank’s surplus equals or exceeds 20% of its capital, if the total of all dividends declared by the bank in a calendar year will exceed the sum of its net earnings for that year and its retained net earnings for the preceding two years (less any required transfers to surplus), then the bank must obtain prior written approval from the Superintendent of the Alabama State Banking Department. The bank may not pay any dividends or make any withdrawals or transfers from surplus without the prior written approval of the Superintendent. The FDIC prohibits the payment of cash dividends if (1) as a result of such payment, the bank would be undercapitalized or (2) the bank is in default with respect to any assessment due to the FDIC, including a deposit insurance assessment. These restrictions could materially influence the Bank’s, and therefore Bancshares’, ability to pay dividends.
CY2019Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2019 fusb Lessee Operating Lease Period Of Option To Terminate
LesseeOperatingLeasePeriodOfOptionToTerminate
P1Y
CY2019 us-gaap Lease Cost
LeaseCost
839000
CY2018 us-gaap Lease Cost
LeaseCost
670000
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
845000
CY2018 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
124000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3543000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3573000
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y9M3D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0316
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
764000
CY2018 us-gaap Operating Lease Payments
OperatingLeasePayments
558000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
711000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
609000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
539000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
453000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
438000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1276000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4026000
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
453000
CY2018Q4 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
0
CY2018 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
700000
CY2019Q4 us-gaap Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
62117000
CY2019Q4 us-gaap Hedged Asset Fair Value Hedge Cumulative Increase Decrease
HedgedAssetFairValueHedgeCumulativeIncreaseDecrease
-307000
CY2019Q4 fusb Amortized Cost Basis Of Closed Portfolios Used In Hedging Relationships
AmortizedCostBasisOfClosedPortfoliosUsedInHedgingRelationships
62400000
CY2019Q4 fusb Cumulative Basis Adjustments Associated With Hedging Relationships
CumulativeBasisAdjustmentsAssociatedWithHedgingRelationships
300000
CY2019Q4 us-gaap Derivative Amount Of Hedged Item
DerivativeAmountOfHedgedItem
20000000
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2019 fusb Provision Reduction In Reserve For Loan Losses
ProvisionReductionInReserveForLoanLosses
2714000
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
108356000
CY2019 fusb Interest Income From External Customers
InterestIncomeFromExternalCustomers
43588000
CY2018 fusb Provision Reduction In Reserve For Loan Losses
ProvisionReductionInReserveForLoanLosses
2622000
CY2018Q4 us-gaap Marketable Securities
MarketableSecurities
153949000
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
5000
CY2018 fusb Interest Income From External Customers
InterestIncomeFromExternalCustomers
37138000
CY2019 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
431000
CY2019 fusb Auto Club Revenue
AutoClubRevenue
220000
CY2019 fusb Other Income Atm Fees
OtherIncomeATMFees
442000
CY2018 fusb Other Income Atm Fees
OtherIncomeATMFees
388000
CY2019 fusb Wire Transfer Fees
WireTransferFees
50000
CY2018 fusb Wire Transfer Fees
WireTransferFees
38000
CY2019 us-gaap Other Income
OtherIncome
434000
CY2018 us-gaap Other Income
OtherIncome
255000
CY2019 us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
873000
CY2018 us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
829000
CY2019 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
867000
CY2019Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
883000
CY2019Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
715000
CY2018 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
811000
CY2019 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
196000
CY2018 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
188000
CY2019 fusb Business Development And Travel
BusinessDevelopmentAndTravel
404000
CY2018 fusb Business Development And Travel
BusinessDevelopmentAndTravel
327000
CY2019 fusb Collection And Recoveries
CollectionAndRecoveries
125000
CY2018 fusb Collection And Recoveries
CollectionAndRecoveries
176000
CY2019 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
310000
CY2018 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
492000
CY2019 us-gaap General Insurance Expense
GeneralInsuranceExpense
586000
CY2018 us-gaap General Insurance Expense
GeneralInsuranceExpense
559000
CY2019 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
204000
CY2018 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
331000
CY2019 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-408000
CY2018 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-391000
CY2019 fusb Foreclosed Real Estate Write Downs Net Of Gain Or Loss On Sale
ForeclosedRealEstateWriteDownsNetOfGainOrLossOnSale
76000
CY2018 fusb Foreclosed Real Estate Write Downs Net Of Gain Or Loss On Sale
ForeclosedRealEstateWriteDownsNetOfGainOrLossOnSale
87000
CY2019 fusb Foreclosed Real Estate Carrying Cost Expense
ForeclosedRealEstateCarryingCostExpense
109000
CY2018 fusb Foreclosed Real Estate Carrying Cost Expense
ForeclosedRealEstateCarryingCostExpense
135000
CY2019 fusb Foreclosed Real Estate Other Expense Net Of Gain Or Loss On Sale
ForeclosedRealEstateOtherExpenseNetOfGainOrLossOnSale
185000
CY2018 fusb Foreclosed Real Estate Other Expense Net Of Gain Or Loss On Sale
ForeclosedRealEstateOtherExpenseNetOfGainOrLossOnSale
222000
CY2019 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1853000
CY2018 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1468000
CY2019 us-gaap Operating Expenses
OperatingExpenses
6499000
CY2018 us-gaap Operating Expenses
OperatingExpenses
5965000
CY2019 fusb Credit Losses Associated With Derivative Contracts
CreditLossesAssociatedWithDerivativeContracts
0
CY2018 fusb Credit Losses Associated With Derivative Contracts
CreditLossesAssociatedWithDerivativeContracts
0
CY2019Q4 fusb Securities Committed To Sell Amount
SecuritiesCommittedToSellAmount
0
CY2018Q4 fusb Securities Committed To Sell Amount
SecuritiesCommittedToSellAmount
0
CY2019Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
200000
CY2018Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
100000
CY2019Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
10825000
CY2019Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
11027000
CY2019Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
10923000
CY2019Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
10813000
CY2018Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
11177000
CY2018Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
9452000
CY2018Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
8390000
CY2018Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
8119000
CY2019Q4 us-gaap Interest Expense
InterestExpense
1636000
CY2019Q3 us-gaap Interest Expense
InterestExpense
1680000
CY2019Q2 us-gaap Interest Expense
InterestExpense
1690000
CY2019Q1 us-gaap Interest Expense
InterestExpense
1640000
CY2018Q4 us-gaap Interest Expense
InterestExpense
1533000
CY2018Q3 us-gaap Interest Expense
InterestExpense
1124000
CY2018Q2 us-gaap Interest Expense
InterestExpense
888000
CY2018Q1 us-gaap Interest Expense
InterestExpense
805000
CY2019Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9189000
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9347000
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9233000
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9173000
CY2018Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9644000
CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8328000
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7502000
CY2018Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7314000
CY2019Q4 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
716000
CY2019Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
400000
CY2018Q4 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
473000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
509000
CY2018Q1 us-gaap Noninterest Expense
NoninterestExpense
7301000
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1590000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1332000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1305000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1585000
CY2018Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1947000
CY2018Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
789000
CY2018Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
702000
CY2018Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
658000
CY2019Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
8473000
CY2019Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
8464000
CY2019Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
8518000
CY2019Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
8773000
CY2018Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
9171000
CY2018Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
7539000
CY2018Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
6800000
CY2018Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
6656000
CY2019Q4 us-gaap Noninterest Income
NoninterestIncome
1396000
CY2019Q3 us-gaap Noninterest Income
NoninterestIncome
1414000
CY2019Q2 us-gaap Noninterest Income
NoninterestIncome
1291000
CY2019Q1 us-gaap Noninterest Income
NoninterestIncome
1265000
CY2018Q4 us-gaap Noninterest Income
NoninterestIncome
1226000
CY2018Q3 us-gaap Noninterest Income
NoninterestIncome
2112000
CY2018Q2 us-gaap Noninterest Income
NoninterestIncome
1132000
CY2018Q1 us-gaap Noninterest Income
NoninterestIncome
1140000
CY2019Q4 us-gaap Noninterest Expense
NoninterestExpense
8279000
CY2019Q3 us-gaap Noninterest Expense
NoninterestExpense
8546000
CY2019Q2 us-gaap Noninterest Expense
NoninterestExpense
8504000
CY2019Q1 us-gaap Noninterest Expense
NoninterestExpense
8453000
CY2018Q4 us-gaap Noninterest Expense
NoninterestExpense
8450000
CY2018Q3 us-gaap Noninterest Expense
NoninterestExpense
9142000
CY2018Q2 us-gaap Noninterest Expense
NoninterestExpense
7492000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
440000
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
495000
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
381000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
214000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
300000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
351000
CY2018Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
470000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
269000
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81000
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81000
CY2019Q4 us-gaap Profit Loss
ProfitLoss
1209000
CY2019Q3 us-gaap Profit Loss
ProfitLoss
1118000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
1005000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
1234000
CY2018Q4 us-gaap Profit Loss
ProfitLoss
1477000
CY2018Q3 us-gaap Profit Loss
ProfitLoss
240000
CY2018Q2 us-gaap Profit Loss
ProfitLoss
359000
CY2018Q1 us-gaap Profit Loss
ProfitLoss
414000
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06

Files In Submission

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0001564590-20-011613-index.html Edgar Link pending
0001564590-20-011613.txt Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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fusb-20191231.xml Edgar Link completed
fusb-20191231.xsd Edgar Link pending
fusb-20191231_cal.xml Edgar Link unprocessable
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