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FUSB (First US Bancshares) Goodwill : $7.44 Mil (As of Dec. 2024)


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What is First US Bancshares Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. First US Bancshares's goodwill for the quarter that ended in Dec. 2024 was $7.44 Mil.


First US Bancshares Goodwill Historical Data

The historical data trend for First US Bancshares's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First US Bancshares Goodwill Chart

First US Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.44 7.44 7.44 7.44 7.44

First US Bancshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.44 7.44 7.44 7.44 7.44

First US Bancshares Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


First US Bancshares  (NAS:FUSB) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

First US Bancshares's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (A: Dec. 2024 )=Goodwill/Total Assets
=7.435/1101.086
=0.01

First US Bancshares's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=7.435/1101.086
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


First US Bancshares Goodwill Related Terms

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First US Bancshares Business Description

Traded in Other Exchanges
N/A
Address
3291 U.S. Highway 280, Suite 100, Birmingham, AL, USA, 35243
First US Bancshares Inc is a bank holding company. The Bank conducts 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.
Executives
John Lee Mcphearson director P O BOX 249, 131 WEST FRONT ST, THOMASVILLE AL 36784
Marlene M Mccain director P O BOX 249, THOMASVILLE AL 36784
Eric H Mabowitz officer: EVP, Chief Credit Officer-FUSB P O BOX 249, THOMASVILLE AL 36784
William C Mitchell officer: Pre/CEO-Acceptance Loan Co Inc P O BOX 249, THOMASVILLE AL 36784
Robert S Briggs director
James F House director, officer: President & CEO P O BOX 249, THOMASVILLE AL 36784
David Peter Hale director 131 WEST FRONT STREET, P O BOX 249, THOMASVILLE AL 36784
Thomas S Elley officer: VP,CFO,PAO,Treas,Asst Sec P O BOX 249, THOMASVILLE AL 36784
Bearden Andrew C Jr director
Anthony Cashio officer: EVP, Chief Credit Officer-FUSB P O BOX 249, THOMASVILLE AL 36784
Bruce N Wilson director
Henderson J Samuel Iii officer: EVP, Bham Market Exec, FUSB P O BOX 249, THOMASVILLE AL 36784
Sheri S Cook director P O BOX 249, THOMASVILLE AL 36784
Aubrey S Miller director P O BOX 249, THOMASVILLE AL 36784
Donna D Smith director P O BOX 249, THOMASVILLE AL 36784