First US Bank
Birmingham, Alabama, Jefferson County
$1.1B in total assets, the 945th largest of 4,309 US banks and 15th of 93 headquartered in Alabama.
- FDIC certificate
- 17077
- Established
- 1952
- Owned by
- First Us Bancshares Inc
- Primary regulator
- FDIC
- Website
- www.firstusbank.com
At a glance
Compared with 15 banks headquartered in Alabama with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.1B | 20% | $1.4B | |
| Loans | $861M | 40% | $942M | |
| Deposits | $1.0B | 20% | $1.2B | |
| Return on assets | 0.80% | 20% | 1.28% | |
| Net interest margin | 3.51% | 33% | 3.72% | |
| Efficiency ratio | 67.8% | 73% | 61.4% | |
| Equity to assets | 9.52% | 60% | 9.08% | |
| Loans to deposits | 86% | 93% | 72% |
Growth
Total assets grew 3.9% a year over the last 5 years and 6.7% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2018 | The Peoples Bank Rose Hill, VA | $166M |
| Jul 1997 | First Bank and Trust Grove Hill, AL | $186M |
| Jun 1996 | Brent Banking Company Brent, AL | $37M |
| Jan 1985 | First National Bank of Butler Butler, AL, an affiliate under the same holding company | $35M |
| Jul 1981 | Citizens Bank Thomasville, AL | n/a |
Where they operate
16 branches in 9 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Clarke County, AL | $318M | 41.9% | 1 of 6 |
| Jefferson County, AL | $165M | 0.4% | 19 of 39 |
| Bibb County, AL | $161M | 58.5% | 1 of 4 |
| Shelby County, AL | $101M | 2.2% | 10 of 22 |
| Choctaw County, AL | $97M | 34.8% | 2 of 3 |
| Knox County, TN | $80M | 0.4% | 21 of 31 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 5 branches since 2016 (21 to 16, −23.8%). 3 opened, 4 acquired, 12 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 21 | |||
| 2016 | Closed 6 in Alabama | 0 | 6 | −6 | 15 |
| 2017 | Opened Thomasville | 1 | 0 | +1 | 16 |
| 2018 | Acquired The Peoples Bank | 4 | 0 | +4 | 20 |
| 2020 | Closed Thomasville | 0 | 1 | −1 | 19 |
| 2021 | Closed 4 in 2 states | 0 | 4 | −4 | 15 |
| 2024 | Opened KnoxvilleClosed Knoxville | 1 | 1 | 0 | 15 |
| 2026 through Q2 | Opened Daphne | 1 | 0 | +1 | 16 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Consumer | 47% | 2% | |
| Commercial real estate | 21% | 36% | |
| Multifamily | 14% | 5% | |
| 1-4 family residential | 7% | 23% | |
| Construction and land | 5% | 11% | |
| Business (C&I) | 3% | 17% | |
| Farmland | 0% | 2% | |
| Other | 2% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 53% | 52% | |
| Time deposits | 32% | 24% | |
| Noninterest-bearing | 16% | 24% |
Brokered deposits are 11.7% of deposits (peers 1.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.15% | 0.56% |
| Net charge-offs, annualized | 0.27% | 0.18% |
| Reserves to loans | 1.26% | 1.15% |
| Leverage ratio | 9.16% | 9.82% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Alabama
Largest competitors in Clarke County, AL
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/first-us