Note 24 - First US Bancshares, Inc. (Parent Company Only) Financial Information (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Condensed Balance Sheet [Table Text Block]

	Year Ended December 31,
	2018		2017
	(Dollars in Thousands)
Assets:
Cash on deposit	$	265	$	359
Investment in subsidiaries		79,097		75,628
Other assets		326		121
Total assets	$	79,688	$	76,108
Liabilities:
Other liabilities	$	251	$	(99	)
Shareholders ’ equity		79,437		76,207
Total liabilities and shareholders’ equity	$	79,688	$	76,108

Condensed Income Statement [Table Text Block]

	Year Ended December 31,
	2018		2017
	(Dollars in Thousands)
Income:
Dividend income, First US Bank	$	976	$	1,206
Total income	$	976	$	1,206
Expense		831		751
Gain before equity in undistributed income of subsidiaries	$	145	$	455
Equity in undistributed income of subsidiaries		2,345		(866	)
Net income (loss)	$	2,490	$	(411	)

Condensed Cash Flow Statement [Table Text Block]

	Year Ended December 31,
	2018			2017
	(Dollars in Thousands)
Cash flows from operating activities:
Net income (loss)	$	2,490		$	(411	)
Adjustments to reconcile net income to net cash provided by operating activities:
Distributions in excess of undistributed income (loss) of subsidiaries		(2,345	)		867
Change in other assets and liabilities		256			163
Net cash provided by operating activities		401			619
Cash flows from investing activities:
Cash paid for acquisition		(22,099	)		—
Net cash used in investing activities		(22,099	)		—
Cash flows from financing activities:
Dividends paid		(495	)		(486	)
Dividends received		22,099			—
Net cash provided by (used in) financing activities		21,604			(486	)
Net increase (decrease) in cash		(94	)		133
Cash at beginning of year		359			226
Cash at end of year	$	265		$	359