First US Bancshares Inc. has announced the establishment of a 2026 Cash Incentive Program for certain executive officers and key employees. The program provides a short-term incentive cash bonus opportunity based on the achievement of specific financial performance objectives for the fiscal year ending December 31, 2026. For named executive officers—including President and CEO James F. House, CFO Thomas S. Elley, and Senior Executive Vice President William C. Mitchell—the bonus structure is tied to consolidated pre-tax income, consolidated pre-tax return on average assets, and consolidated pre-tax return on average equity. The Compensation Committee retains discretion to adjust awards in light of extraordinary or nonrecurring events.
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