<SEC-DOCUMENT>0001437749-19-012718.txt : 20190625
<SEC-HEADER>0001437749-19-012718.hdr.sgml : 20190625
<ACCEPTANCE-DATETIME>20190625171848
ACCESSION NUMBER:		0001437749-19-012718
CONFORMED SUBMISSION TYPE:	11-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181231
FILED AS OF DATE:		20190625
DATE AS OF CHANGE:		20190625

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST US BANCSHARES INC
		CENTRAL INDEX KEY:			0000717806
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				630843362
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		11-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14549
		FILM NUMBER:		19919381

	BUSINESS ADDRESS:	
		STREET 1:		3291 U.S. HIGHWAY 280
		CITY:			BIRMINGHAM
		STATE:			AL
		ZIP:			35243
		BUSINESS PHONE:		2055821084

	MAIL ADDRESS:	
		STREET 1:		3291 U.S. HIGHWAY 280
		CITY:			BIRMINGHAM
		STATE:			AL
		ZIP:			35243

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED SECURITY BANCSHARES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>11-K
<SEQUENCE>1
<FILENAME>fusb20181231_11k.htm
<DESCRIPTION>FORM 11-K
<TEXT>
<html><head>
	<title>usbi20160608_11k.htm</title>

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<body style="font-family: Times New Roman, Times, serif; margin-right: 10px; margin-left: 10px; cursor: auto;"><!-- Created by RDG HTML Converter -->
<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>UNITED STATES</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>WASHINGTON, DC 20549</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>&nbsp;</b></p>

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<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>FORM 11-K</b><font style="font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>&nbsp;</b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 12pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>&nbsp;</b></font></p>

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<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;"><b>FOR ANNUAL REPORTS OF EMPLOYEE STOCK</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b> </b><b>PURCHASE, SAVINGS </b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;"><b>A</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>ND SIMILAR PLANS</b><b> </b><b>PURSUANT TO SECTION 15(d) OF THE</b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;"><b>SECURITIES EXCHANGE ACT OF 1934</b></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">(Mark One):</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

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		<tr>
			<td style="width: 36pt; vertical-align: top;">
			<p style="text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;">&#9746;</p>
			</td>
			<td style="vertical-align: top;">
			<p style="text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</b> </font></p>
			</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>For the fiscal year ended </b><u><b>December 31, 2018</b></u></font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;">OR</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB2" style="width: 100%; font-family: Times New Roman, Times, serif; font-size: 10pt;">

		<tr>
			<td style="width: 36pt; vertical-align: top;">
			<p style="text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;">&#9744;</p>
			</td>
			<td style="vertical-align: top;">
			<p style="text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</b> </font></p>
			</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>For the transition period from _______________ to _______________ </b></font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;"><b>Commission </b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>file number 0-14549</b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 12pt;"><b>&nbsp;</b></p>

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<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b>&nbsp;</p>

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		<tr>
			<td style="width: 36pt;">&nbsp;</td>
			<td style="width: 36pt; vertical-align: top;">
			<p style="text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;"><b>A.</b></p>
			</td>
			<td style="vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Full title of the plan and the address of the plan, if different from that of the </b><b>issuer named below: </b></p>
			</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;"><u><b>First US Bancshares, Inc. 401(k) Plan</b></u></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB4" style="width: 100%; font-family: Times New Roman, Times, serif; font-size: 10pt;">

		<tr>
			<td style="width: 36pt;">&nbsp;</td>
			<td style="width: 36pt; vertical-align: top;">
			<p style="text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;"><b>B.</b></p>
			</td>
			<td style="vertical-align: top;">
			<p style="text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;"><b>Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: </b></p>
			</td>
		</tr>

</table>

<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;"><u><b>First US Bancshares, Inc.</b></u></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;"><u><b>3291&nbsp;U.S. Highway 280</b></u></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;"><u><b>Birmingham</b></u><u style="line-height: 1.25; font-size: 10pt;"><b>, Alabama 35243</b></u></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center;">&nbsp;</div>

<hr noshade="noshade" style="border: currentColor; border-image: none; width: 100%; height: 2px; color: rgb(0, 0, 0); page-break-after: always; background-color: rgb(0, 0, 0);">
<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US BANCSHARES, INC</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>.</b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FINANCIAL </b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>STATEMENTS</b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>DECEMBER 31, 20</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>18 and 2017</b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><u><b>TABLE OF CONTENTS</b></u></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">

		<tr style="vertical-align: bottom;">
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".lead.D2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.D2" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;"><u>Page</u></p>
			</td>
			<td id=".trail.D2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="width: 93%; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><a href="#Report">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</a></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.2" style="width: 5%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">1</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><a href="#FinStatements">FINANCIAL STATEMENTS</a></p>
			</td>
			<td id=".lead.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.B2" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".trail.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 36pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><a href="#NetAssets">Statements of Net Assets Available for Benefits</a></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.2" style="width: 5%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">2</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 36pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><a href="#ChangeIn">Statement of Changes in Net Assets Available for Benefits</a></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.2" style="width: 5%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">3</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 36pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><a href="#Notes">Notes to Financial Statements</a></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.2" style="width: 5%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">4</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><a href="#Supp">SUPPLEMENTAL SCHEDULE*</a></p>
			</td>
			<td id=".lead.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.B2" style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".trail.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 36pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><a href="#Supp" style="-sec-extract:exhibit;"><font style="font-size: 10pt;">Schedule H</font>, Line 4i <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8211; Schedule of Assets (Held at End of Year)</font></a></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.2" style="width: 5%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">10</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><a href="#Signature">SIGNATURE</a></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.2" style="width: 5%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">11</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><a href="#ExhIndex">EXHIBIT INDEX</a></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
			<td id=".amt.2" style="width: 5%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">12</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px;">&nbsp;</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">*All other schedules required by Section 2520.103-10 of the Department of Labor<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8217;s Rules and&nbsp;Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act</font><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;of 1974 have been omitted because they are not applicable.</font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center;">&nbsp;</div>

<hr noshade="noshade" style="border: currentColor; border-image: none; width: 100%; height: 2px; color: rgb(0, 0, 0); page-break-after: always; background-color: rgb(0, 0, 0);">
<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM<a id="Report" name="Report"></a></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">To the&nbsp;Audit Committee</font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">First US Bancshares, Inc. 401(k) Plan</font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><u><font style="background-color:null;">Opinion on the Financial Statements</font></u></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">We have audited the accompanying statements of net assets available for benefits of the First US Bancshares, Inc. 401(k) Plan (the Plan) as of December 31, 2018 and 2017, and the related statement of changes in net </font><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">assets available for benefits for the year ended December 31, 2018, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2018 and 2017, and the changes in net assets available for benefits for the year ended December 31, 2018, in conformity with accounting principles generally accepted in the United States of America.</font></font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><u><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">Basis for Opinion</font></font></u></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">These financial statements are the responsibility of the Plan&#8217;s management. Our responsibility is to express an opinion on the Plan&#8217;s&nbsp;financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</font></font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">We conducted</font><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;"> our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of internal control over financial reporting. Accordingly, we express no such opinion.</font></font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.</font></font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><u><font style="background-color:null;">Supplemental Information</font></u></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">The supplemental information contained in the schedule of assets (held at end of year) as of </font><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">December 31, 2018&#157;&nbsp;has been subjected to audit procedures performed in conjunction with the audit of the Plan&#8217;s financial statements. The supplemental information is the responsibility of the Plan&#8217;s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor&#8217;s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.</font></font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">/s/ Carr, Riggs &amp; Ingram, LLC</font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">We have served as the Plan&#8217;s auditor since 2008.</font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">Atlanta, Georgia</font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="background-color:null;">June&nbsp;25, 2019</font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">1</div>

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<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US&nbsp;BANCSHARES, INC.<a id="FinStatements" name="FinStatements"></a></b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS<a id="NetAssets" name="NetAssets"></a></b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>DECEMBER 31, 2018</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b> AND 2017</b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">

		<tr style="vertical-align: bottom;">
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.D3" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td colspan="6" id=".amt.D3" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b><b>December 31,</b></b></p>
			</td>
			<td id=".trail.D3" style="padding-bottom: 1px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom;">
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.D2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td colspan="2" id=".amt.D2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b><b>20</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>1</b>8</font></b></p>
			</td>
			<td id=".trail.D2" style="padding-bottom: 1px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.D3" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td colspan="2" id=".amt.D3" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b><b>20</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>1</b>7</font></b></p>
			</td>
			<td id=".trail.D3" style="padding-bottom: 1px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="width: 70%; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Assets</b></p>
			</td>
			<td id=".lead.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".amt.B2" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">
			<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
			<td id=".trail.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;"><b>&nbsp;</b></td>
			<td id=".lead.B3" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.B3" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;"><b>&nbsp;</b></td>
			<td id=".amt.B3" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">
			<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
			<td id=".trail.B3" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;"><b>&nbsp;</b></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 9pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Noninterest-bearing cash</p>
			</td>
			<td id=".lead.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">$</td>
			<td id=".amt.B2" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">50,228</td>
			<td id=".trail.B2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.B3" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.B3" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">$</td>
			<td id=".amt.B2" style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">47,482</td>
			<td id=".trail.B3" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="text-align: left; padding-left: 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">Investments, at fair value:</td>
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 27pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-indent: -9pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">Interest-bearing cash</font></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">34,033</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">74,426</td>
			<td id=".trail.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="text-align: left; padding-left: 27pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; text-indent: -9pt;">Mutual funds</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">9,195,964</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">9,441,839</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 27pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-indent: -9pt;">First US Bancshares, Inc. stock</p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">1,915,916</td>
			<td id=".trail.2" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">3,197,255</td>
			<td id=".trail.3" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 45pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-indent: 0pt;">Total investments, at fair value</p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">11,145,913</td>
			<td id=".trail.2" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">12,713,520</td>
			<td id=".trail.3" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".symb.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
			<td id=".lead.B3">&nbsp;</td>
			<td id=".symb.B3">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B3">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="padding-left: 9pt;">Investments, at contract value:</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".symb.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
			<td id=".lead.B3">&nbsp;</td>
			<td id=".symb.B3">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B3">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 27pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-indent: -9pt;">Fully benefit-responsive contract</p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">1,646,618</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">1,679,809</td>
			<td id=".trail.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="padding-left: 45pt;">Total investments&nbsp;&nbsp;&nbsp;&nbsp;</td>
			<td id=".lead.B2" style="padding-bottom: 1px;">&nbsp;</td>
			<td id=".symb.B2" style="border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.B2" style="text-align: right; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">12,792,531</td>
			<td id=".trail.B2" style="padding-bottom: 1px;">&nbsp;</td>
			<td id=".lead.B3" style="padding-bottom: 1px;">&nbsp;</td>
			<td id=".symb.B3" style="border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.B2" style="text-align: right; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">14,393,329</td>
			<td id=".trail.B3" style="padding-bottom: 1px;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".symb.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
			<td id=".lead.B3">&nbsp;</td>
			<td id=".symb.B3">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B3">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="padding-left: 9pt;">Receivables:</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="padding-left: 18pt;">Employer contributions</td>
			<td>&nbsp;</td>
			<td style="border-bottom: thin solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="text-align: right; border-bottom: thin solid rgb(0, 0, 0);">27,085</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td style="border-bottom: thin solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="text-align: right; border-bottom: thin solid rgb(0, 0, 0);">&#8212;</td>
			<td>&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="padding-left: 45pt;">Total receivables</td>
			<td>&nbsp;</td>
			<td style="border-bottom: thin solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="text-align: right; border-bottom: thin solid rgb(0, 0, 0);">27,085</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td style="border-bottom: thin solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="text-align: right; border-bottom: thin solid rgb(0, 0, 0);">&#8212;</td>
			<td>&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Net assets available for benefits</b></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">12,869,844</td>
			<td id=".trail.2" style="width: 1%; padding-bottom: 3px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.3" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">14,440,811</td>
			<td id=".trail.3" style="width: 1%; padding-bottom: 3px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">The accompanying notes are an integral part of these <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">financial statements.</font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">2</div>

<hr noshade="noshade" style="border: currentColor; border-image: none; width: 100%; height: 2px; color: rgb(0, 0, 0); page-break-after: always; background-color: rgb(0, 0, 0);">
<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US&nbsp;BANCSHARES, INC.</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS<a id="ChangeIn" name="ChangeIn"></a></b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FOR THE YEAR ENDED DECEMBER 31, 20</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>18</b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">

		<tr style="vertical-align: bottom;">
			<td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".lead.D2" style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td colspan="2" id=".amt.D2" style="text-align: center; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b><b>201</b>8</b></p>
			</td>
			<td id=".trail.D2" style="padding-bottom: 1px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="width: 85%; text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;"><b>Additions to net assets attributed to:</b></p>
			</td>
			<td id=".lead.B2" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.B2" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;"><b>&nbsp;</b></td>
			<td id=".amt.B2" style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;"><b>&nbsp;</b></td>
			<td id=".trail.B2" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;"><b>&nbsp;</b></td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 9pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Investment income:</p>
			</td>
			<td id=".lead.B2" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.B2" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".amt.B2" style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".trail.B2" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 18pt; text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt;">Interest and dividends</p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">$</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">277,571</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Total&nbsp;investment income</p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">277,571</td>
			<td id=".trail.2" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 9pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Contributions:</p>
			</td>
			<td id=".lead.B2" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.B2" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".amt.B2" style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".trail.B2" style="font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 18pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Employer</p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">479,447</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 18pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Participant</p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">780,845</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 18pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Rollover</p>
			</td>
			<td id=".lead.2" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">225,779</td>
			<td id=".trail.2" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Total contributions</p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">1,486,071</td>
			<td id=".trail.2" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 45pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">Total additions </font></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">1,763,642</td>
			<td id=".trail.2" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td><b>Deductions from net assets attributed to:</b></td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".symb.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="padding-left: 18pt;">Administrative expenses</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td style="text-align: right;">78,775</td>
			<td>&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="padding-left: 18pt;">Net depreciation in fair value of investments</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td style="text-align: right;">2,013,709</td>
			<td>&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="text-align: left; padding-left: 18pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">Benefit payments to participants</td>
			<td style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">1,242,125</td>
			<td style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="padding-left: 45pt;">Total deductions</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".symb.B2" style="border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.B2" style="text-align: right; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">3,334,609</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Net decrease in net assets available for benefits</p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">(1,570,967</td>
			<td id=".trail.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">)</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".symb.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;"><b>Net assets available for benefits at beginning of year</b></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">14,440,811</td>
			<td id=".trail.2" style="width: 1%; padding-bottom: 1px; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);">
			<td>&nbsp;</td>
			<td id=".lead.B2">&nbsp;</td>
			<td id=".symb.B2">&nbsp;</td>
			<td id=".amt.B2">&nbsp;</td>
			<td id=".trail.B2">&nbsp;</td>
		</tr>
		<tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);">
			<td style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;"><b>Net assets available for benefits at end of year</b></p>
			</td>
			<td id=".lead.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; vertical-align: top;">&nbsp;</td>
			<td id=".symb.2" style="width: 1%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td id=".amt.2" style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">12,869,844</td>
			<td id=".trail.2" style="width: 1%; padding-bottom: 3px; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; margin-left: 0pt; vertical-align: top;">&nbsp;</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">The accompanying notes are an integral part of these <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">financial statements.</font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">3</div>

<hr noshade="noshade" style="border: currentColor; border-image: none; width: 100%; height: 2px; color: rgb(0, 0, 0); page-break-after: always; background-color: rgb(0, 0, 0);">
<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US&nbsp;</b><b>BANCSHARES, INC.</b></font></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTES TO FINANCIAL STATEMENTS<a id="Notes" name="Notes"></a></b></p>

<p style="margin: 0pt 0pt 0pt 90pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE </b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>1</b><b>.</b><b> </b><b>DESCRIPTION OF THE PLAN</b></font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The following <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">brief description of the&nbsp;First US&nbsp;Bancshares, Inc. 401(k) Plan (the &#8220;Plan&#8221;) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan&#8217;s provisions.</font></p>

<p style="margin: 0pt 0pt 0pt 72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>General</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Plan is a controlled group defined contribution plan, which provides savings benefits for substantially all employees of the following members of the controlled group of First US Bancshares, Inc. (the &#8220;Company<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8221; and the &#8220;Plan Sponsor,&#8221; as applicable):</font></p>

<p style="margin: 0pt 0pt 0pt 90pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt 0pt 0pt 90pt; text-align: left; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">First US&nbsp;Bancshares, Inc. (parent company)</font></p>

<p style="margin: 0pt 0pt 0pt 90pt; text-align: left; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">First US Bank (the </font>&#8220;<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">Bank</font>&#8221;<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">)</font></p>

<p style="margin: 0pt 0pt 0pt 90pt; text-align: left; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">Acceptance Loan Company, Inc.</font></p>

<p style="margin: 0pt 0pt 0pt 90pt; text-align: left; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">, as amended (&#8220;ERISA&#8221;).</font></p>

<p style="margin: 0pt 0pt 0pt 90pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Plan is currently administered by <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">certain employees of the Bank.</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">The trustee and custodian of the Plan is Matrix Trust Company. The recordkeeper for the Plan is Warren&nbsp;Averett Asset Management, LLC (&#8220;WAAM&#8221;).</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Contributions</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">Each year, participants may <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">make contributions of pre-tax annual compensation, as defined in the Plan, in amounts up to the applicable limitations of the Internal Revenue Code (&#8220;IRC&#8221;). Participants age 50 or over may&nbsp;make &#8220;catch-up&#8221; contributions to their accounts on a pre-tax basis. Participants may roll over amounts representing distributions from other qualified defined benefit or defined contribution plans and conduit individual retirement accounts. The Plan provides that the Plan Sponsor will make a safe harbor matching contribution in an amount equal to 100% of the first 4% of compensation deferred. Under the terms of the Plan, the Plan Sponsor also has the discretion to make additional contributions in the form of matching contributions and non-elective contributions. There were no such discretionary contributions made during the year ended December 31, 2018.</font></p>

<p style="margin: 0pt 0pt 0pt 90pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Participant Accounts</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">Each participant<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8217;s account is credited with the participant&#8217;s contributions, the Plan Sponsor&#8217;s match and earnings thereon, and is reduced for any participant withdrawals or distributions and certain administrative expenses. Allocations are based on participant earnings or account balances, as defined in the Plan. The benefit to which a participant is entitled is the benefit that can be provided from the participant&#8217;s vested account. Participants direct the investment of their accounts among any of the Plan&#8217;s investment options.</font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Eligibility and</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"> <b>Vesting</b></font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">All employees are eligible to participate in the Plan on the first day of the month following their date of commencement of employment. Participants are immediately <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">vested in their contributions, the Company&#8217;s matching contributions, discretionary employer contributions and earnings thereon. </font></p>

<p style="margin: 0pt 0pt 0pt 90pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

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<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">4</div>

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<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US&nbsp;BANCSHARES, INC.</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTES TO FINANCIAL STATEMENTS</b></p>

<p style="margin: 0pt 0pt 0pt 90pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE 1. DESCRIPTION OF THE PLAN (Continued)</b></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>F</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>orfeitures</b></font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">P<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">articipants are immediately vested in contributions, the Company&#8217;s matching contributions, discretionary employer contributions and earnings thereon; therefore, the Plan has no forfeitures.</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Administrative Expenses</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Plan provisions allow for administrative expenses, including, but not limited to, audit fees, custodial and trustee fees, investment manager fees and recordkeeping fees, to be paid by <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">the Plan and allocated to participant accounts. Any expenses not borne by the Plan are paid by the Company. </font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Payment of Benefits</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Participants are eligible to receive a distribution upon termination, retirement or disability. Upon termination or retirement, participants may elect to receive distributions in a lump sum or installments, or they may rollover their account balances into other qualified <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">plans. If a participant dies, the total account balance will be paid to the designated beneficiary or to the participant&#8217;s estate.</font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Participants are also eligible to receive hardship distributions from fully vested accounts when a financial need is present that is deemed to be heavy and immediate, as defined in the Plan. Non-hardship withdrawals are available to participants once they have attained age 59&#189; from accounts that are fully vested.</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Plan Termination</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">, subject to the provisions of ERISA. </font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE </b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>2</b><b>.</b><b> </b><b>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Basis of Presentation</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The financial statements of <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">the Plan are prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;). </font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Investment Valuation and Income Recognition</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Plan<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8217;s investments generally are reported at fair value, with the exception of the fully benefit-responsive investment contracts, which are&nbsp;reported at contract value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. See Note 3 for discussion of fair value measurements. </font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Fully benefit-responsive investment contracts, which are<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;included in&nbsp;the BNY Mellon Stable Value Fund, are reported at contract value.</font><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp; Contract value is the relevant measurement attribute for fully benefit-responsive investment contracts because contract value is the amount that participants would receive if they were to initiate permitted transactions under the terms of the Plan. Contract value represents contributions made under each contract, plus earnings, less plan losses, participant withdrawals and administrative expenses. See Note 4 for a discussion of fully benefit-responsive investment contracts.</font></p>

<p style="margin: 0pt 0pt 0pt 90pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">Purchases and sales of securities are recorded on a trade-date basis. Dividends are recorded on the ex-dividend date. Interest income is recorded <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">when earned. Net appreciation (depreciation) includes the Plan&#8217;s gains and losses on investments bought, sold or held during the year.</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Payment of Benefits<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">Benefits are recorded when paid.</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

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<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">5</div>

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</div>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US&nbsp;BANCSHARES, INC.</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTES TO FINANCIAL STATEMENTS</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)</b></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Use of Estimates</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein and disclosure of contingent assets and liabilities. Actual results could differ from those estimates and assumptions.</p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Recent Accounting Pronouncements</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">In January 2016, the Financial Accounting Standards Board (the &#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) 2016-01, <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><i>Financial Instruments - Recognition and Measurement of Financial Assets and Financial Liabilities, </i>which includes<b>&nbsp;</b>guidance to address certain aspects of recognition, measurement, presentation and disclosure of financial instruments. For employee benefit plans within the scope of Topics 960 through 965 on plan accounting, the amendments in this update are effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019.&nbsp;The Plan&#8217;s management is&nbsp;currently evaluating the impact of this guidance on the Plan&#8217;s net assets available for plan benefits, the changes in net assets available for plan benefits and related disclosures.</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">In August 2018, the FASB issued ASU 2018-13, <i>Fair Value Measurement - Disclosure Framework (Topic 820)</i>. The updated guidance improves the disclosure requirements with respect to fair value measurements. The updated guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted for any removed or modified disclosures. The Plan&#8217;s management is currently assessing the timing and impact of adopting the updated provisions.</font></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Subsequent Events </b></p>

<p style="font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Plan<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8217;s management evaluated subsequent events through the date on which the financial statements were issued. There were no events or transactions discovered during this evaluation that require recognition or disclosure in the financial statements.</font><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE 3. FAIR VALUE MEASUREMENTS</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Plan uses GAAP&#8217;s three-level hierarchy for the recognition and disclosure of fair value measurements. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below:</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt 0pt 0pt 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><u>Level 1</u><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"> - Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access at the measurement date.</font></p>

<p style="margin: 0pt 0pt 0pt 108pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><u>Level 2</u><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"> - Inputs to the valuation methodology include:</font></p>

<p style="margin: 0pt; text-align: left; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL4" style="width: 100%; text-indent: 0px; font-family: Times New Roman, Times, serif; font-size: 10pt;">

		<tr>
			<td style="width: 11.5%; vertical-align: middle;">&nbsp;</td>
			<td style="width: 3.8%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#9679;</p>
			</td>
			<td style="width: 84.6%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Quoted prices for similar assets or liabilities in active markets;</p>
			</td>
		</tr>

</table>

<p style="margin: 0pt 0pt 0pt 126pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL5" style="width: 100%; text-indent: 0px; font-family: Times New Roman, Times, serif; font-size: 10pt;">

		<tr>
			<td style="width: 11.5%; vertical-align: middle;">&nbsp;</td>
			<td style="width: 3.8%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#9679;</p>
			</td>
			<td style="width: 84.6%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Quoted prices for identical or similar assets or liabilities in inactive markets;</p>
			</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

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<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">6</div>

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<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US&nbsp;BANCSHARES, INC.</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTES TO FINANCIAL STATEMENTS</b></p>

<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE 3. FAIR VALUE MEASUREMENTS (Continued)</b></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="MTAB11" style="width: 100%; font-family: Times New Roman, Times, serif; font-size: 10pt;">

		<tr>
			<td style="width: 100.79px;">&nbsp;</td>
			<td style="width: 38.39px; vertical-align: top;">
			<p style="text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;">&#9679;</p>
			</td>
			<td style="width: 830.6px; vertical-align: top;">
			<p style="text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;">Inputs other than quoted prices that are observable for the asset or liability;<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"> and</font></p>
			</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table cellpadding="0pt" cellspacing="0pt" style="width: 100%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">

		<tr style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">
			<td style="width: 100.79px; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td>
			<td style="width: 38.39px; vertical-align: top; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">
			<p style="text-align: left; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&#9679;</p>
			</td>
			<td style="width: 830.6px; vertical-align: top; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">Inputs that are derived principally from, or corroborated by, observable market data by correlation or other means.</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">.</font></p>

<p style="margin: 0pt 0pt 0pt 108pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt 0pt 0pt 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><u>Level 3</u><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"> - Inputs to the valuation methodology are unobservable and significant to the fair value measurement.</font></p>

<p style="margin: 0pt 0pt 0pt 108pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The asset<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8217;s or liability&#8217;s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The valuation methodologies used maximize the use of observable inputs and minimize the use of unobservable inputs.</font></p>

<p style="margin: 0pt 0pt 0pt 72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The f<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">ollowing is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at December 31, 2018 and 2017.</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><i>Interest-bearing cash:&nbsp;</i>The carrying value approximates fair value.</font></p>

<p style="margin: 0pt 0pt 0pt 72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><i>Mutual f</i><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><i>unds</i>: The fair value of mutual funds is at the quoted market prices in active markets.</font></p>

<p style="margin: 0pt 0pt 0pt 72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><i>First US Bancshares, Inc. stock</i><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">: The fair value of First US Bancshares, Inc. common stock is valued at the closing price reported on the active market. </font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The methods described above may produce a fair value calculation that might not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan&#8217;s management<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"> believes that the Plan&#8217;s valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The following table sets forth by level, within the fair value hierarchy, the Plan<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8217;s assets measured at fair value as of December 31, 2018 and 2017:</font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL6" style="width: 95%; text-indent: 0px; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-left: 1.9%;">

		<tr>
			<td style="width: 48%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;</td>
			<td colspan="14" style="width: 40%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Assets at Fair Value as of December 31, 2018</b></p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 48%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Description</b></p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Level 1</b></p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Level 2</b></p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Level 3</b></p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 1%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Total</b></p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 48%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 10%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 10%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 10%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 10%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1%; vertical-align: bottom;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 48%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Interest-bearing cash</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">$</p>
			</td>
			<td style="width: 10%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">34,033</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">$</p>
			</td>
			<td style="width: 10%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">$</p>
			</td>
			<td style="width: 10%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">$</p>
			</td>
			<td style="width: 10%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">34,033</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 48%; vertical-align: top;">Mutual funds</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 10%; text-align: right; vertical-align: top;">9,195,964</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 10%; text-align: right; vertical-align: top;">
			<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 10%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 10%; text-align: right; vertical-align: top;">9,195,964</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 48%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">First US Bancshares, Inc. stock</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="width: 10%; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">1,915,916</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="width: 10%; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="width: 10%; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="width: 10%; vertical-align: top; border-bottom: thin solid rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">1,915,916</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 48%; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 27pt; text-align: left; text-indent: -9pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">Total</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top; border-bottom: 3px double rgb(0, 0, 0);">$</td>
			<td style="width: 10%; vertical-align: top; border-bottom: 3px double rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">11,145,913</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top; border-bottom: 3px double rgb(0, 0, 0);">$</td>
			<td style="width: 10%; vertical-align: top; border-bottom: 3px double rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top; border-bottom: 3px double rgb(0, 0, 0);">$</td>
			<td style="width: 10%; vertical-align: top; border-bottom: 3px double rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top; border-bottom: 3px double rgb(0, 0, 0);">$</td>
			<td style="width: 10%; vertical-align: top; border-bottom: 3px double rgb(0, 0, 0);">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">11,145,913</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>

</table>

<p style="margin: 0pt 0pt 0pt 108pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL7" style="width: 95%; text-indent: 0px; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-left: 1.9%;">

		<tr>
			<td style="width: 47.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td colspan="14" style="width: 50.2%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Assets at Fair Value as of December 31, 2017</b></p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 47.9%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Description</b></p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 11.2%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Level 1</b></p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 11%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Level 2</b></p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 11.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Level 3</b></p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 11.2%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Total</b></p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 47.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 10.1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 9.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 9.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 10.1%; vertical-align: bottom;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: bottom;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 47.9%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Interest-bearing cash</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">$</p>
			</td>
			<td style="width: 9.9%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">74,426</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.59px; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">$</p>
			</td>
			<td style="width: 88.4px; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">$</p>
			</td>
			<td style="width: 9.9%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">$</p>
			</td>
			<td style="width: 10.1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">74,426</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 47.9%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.9%; text-align: right; vertical-align: top;">9,441,839</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 88.4px; text-align: right; vertical-align: top;">
			<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.9%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 10.1%; text-align: right; vertical-align: top;">9,441,839</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 47.9%; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 9pt; text-align: left; text-indent: -9pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">First US Bancshares, Inc. stock</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">&nbsp;</td>
			<td style="width: 9.9%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">3,197,255</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.59px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">&nbsp;</td>
			<td style="width: 88.4px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">&nbsp;</td>
			<td style="width: 9.9%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">&nbsp;</td>
			<td style="width: 10.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">3,197,255</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 47.9%; padding-left: 18pt; vertical-align: top;">Total</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td style="width: 9.9%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">12,713,520</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.59px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td style="width: 88.4px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td style="width: 9.9%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8212;</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td style="width: 10.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">12,713,520</p>
			</td>
			<td style="width: 0.9%; vertical-align: top;">&nbsp;</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">7</div>

<hr noshade="noshade" style="border: currentColor; border-image: none; width: 100%; height: 2px; color: rgb(0, 0, 0); page-break-after: always; background-color: rgb(0, 0, 0);">
<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US&nbsp;BANCSHARES, INC.</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTES TO FINANCIAL STATEMENTS</b></p>

<p style="margin: 0pt 0pt 0pt 108pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE 4. FULLY BENEFIT-RESPONSIVE INVESTMENT CONTRACTS</b></p>

<p style="margin: 0pt 0pt 0pt 108pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Plan invests in the BNY Mellon Stable Value Fund, a custom investment vehicle that invests in fully benefit-responsive investment contracts, which include traditional guaranteed investment <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">contracts (&#8220;GICs&#8221;&#157;), synthetic GICs and separate account GICs issued by insurance companies. </font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Traditional GICs are investment contracts backed by the general assets of the issuer. The issuer agrees to provide the fund with a guaranteed interest rate <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">on the fund&#8217;s investment for a specified period of time. Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investments at contract value. There were no investments in traditional GICs as of December 31, 2018 or 2017.</font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Synthetic GICs consist of two parts: (1) underlying investments, which ar<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">e generally fixed-income-related securities owned directly by the Plan, and (2) a &#8220;wrapper&#8221;&#157; contract purchased from an insurance company. A wrapper contract guarantees full payment of principal and interest, and the insurance company is obligated to provide an interest-crediting rate of not less than zero. A wrapper contract amortizes the realized and unrealized gains and losses on the underlying fixed-income investments, typically over the duration of the investments, through adjustments to the future interest-crediting rate. Synthetic GICs are credited with earnings on the underlying investments and charged for participant withdrawals and administrative expenses. Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investments at contract value.</font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Separate account GICs are investment contracts in a segregated account backed by the general assets of the issuer for the benefit of the investors. The total return of the segregated account assets supports the return of the separate account GIC<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">s. The credited rate on this product resets periodically at an interest rate of not less than zero.</font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">There are no reserves against contract value for credit risk of the contract issuers.</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Plan&#8217;<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">s management has concluded that the GICs are fully benefit-responsive investment contracts and has reported such contracts at contract value as shown in the table below:</font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL1" style="width: 100%; text-indent: 0px; font-family: Times New Roman, Times, serif; font-size: 10pt;">

		<tr>
			<td style="width: 70%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td colspan="6" rowspan="1" style="width: 13%; text-align: center; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"><b>As of December 31,</b></td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr>
			<td style="width: 70%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 13%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>2018</b></p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td colspan="2" style="width: 13%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>2017</b></p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr>
			<td style="width: 70%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 12%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>
			</td>
			<td style="width: 12%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 70%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Synthetic GICs</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">$</td>
			<td style="width: 12%; text-align: right; vertical-align: top;">1,325,836</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">$</td>
			<td style="width: 12%; text-align: right; vertical-align: top;">1,229,468</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 70%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Separate account GICs</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 12%; text-align: right; vertical-align: top;">154,957</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 12%; text-align: right; vertical-align: top;">373,125</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 70%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Other accounts</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td style="width: 12%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); text-align: right;">165,825</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td style="width: 12%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">77,216</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 70%; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 27pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Total investments in fully benefit-responsive investment contracts, at contract value</p>
			</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td style="width: 12%; vertical-align: top; border-bottom: 3px double rgb(0, 0, 0); text-align: right;">1,646,618</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1%; vertical-align: top;">&nbsp;</td>
			<td style="width: 1.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td style="width: 12%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">1,679,809</p>
			</td>
			<td style="width: 1%; vertical-align: middle;">&nbsp;</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">8</div>

<hr style="border: currentColor; border-image: none; width: 100%; height: 2px; color: rgb(0, 0, 0); page-break-after: always; background-color: rgb(0, 0, 0);">
<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;BANCSHARES, INC.</font></b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTES TO FINANCIAL STATEMENTS</b></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE 5</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>.</b><b> </b><b>TRAN</b><b>SACTIONS WITH PARTIES-IN-INTEREST</b></font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">During the 2018 Plan year, Plan investments were managed by Matrix Trust Company. <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"> Fees paid by the Plan Sponsor for administrative and recordkeeping services totaled<font style="background-color:null;"> $78,775 f</font>or the year ended December 31, 2018. Matrix Trust Company was the trustee as defined by the Plan, and, therefore, these transactions qualify as party-in-interest transactions.</font></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">Certain Plan investments are shares of&nbsp;Company stock. The Plan<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">&#8217;s investment in Company stock&nbsp;was approximately <font style="background-color:null;">$1.9</font> million and $3.2 million as of&nbsp; December&nbsp;31, 2018 and December&nbsp;31, 2017, respectively. During the year ended December 31, 2018, the Plan purchased 23,199 units of the&nbsp;Collective Trust Fund (which is primarily composed of Company stock) at a cost of <font style="background-color:null;">$209,196</font>.&nbsp; During the year ended December 31, 2018, the Plan sold 40,353 units of the&nbsp;Collective Trust Fund for <font style="background-color:null;">$320,496</font>.&nbsp;During the year ended December 31, 2018, dividend income was recorded in the Collective Trust Fund related to its shares of Company stock totaling $19,669.&nbsp;</font></p>

<p style="margin: 0pt 0pt 0pt 72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt 0pt 0pt 72pt; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE 6. INCOME TAX STATUS</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Internal Revenue Service (&#8220;<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">IRS&#8221;) has determined and informed the Plan Sponsor by letter dated January 24, 201<font style="background-color:null;">8 that the Plan and related trust are designed in accordance with applicable sections of the IRC. GAAP requires Plan management to evaluate uncertain tax positions taken by the Plan. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination by the IRS. The Plan&#8217;s management has analyzed the tax positions taken by the Plan and has concluded that, as of December 31, 2018, there were no uncertain positions taken or expected to be taken. The Plan has recognized no interest or penalties related to uncertain tax positions. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. </font></font></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt 0pt 0pt 72pt; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>NOTE 7. RISKS AND UNCERTAINTIES</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">The Plan provides for investment options in various funds that invest in equity and debt securities and other investments. Such investments are exposed <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">to risks and uncertainties, such as interest rate risk, credit risk, economic changes, political unrest, regulatory changes and foreign currency risk. The Plan&#8217;s exposure to a concentration of credit risk is dependent upon funds selected by participants. These risks and uncertainties could impact participants&#8217; account balances and the amounts reported in the financial statements. Approximately 15% and <font style="background-color:null;">22%</font> of the Plan&#8217;s net assets were invested in Company stock at December&nbsp;31, 2018 and 2017, respectively. The underlying value of the Company stock is impacted by the performance of the Company, the market&#8217;s evaluation of such performance and other factors. Accordingly, the Plan has a concentration risk regarding the stock performance of the Company.</font></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">In addition, as a result of funds selected by participants, certain other funds individually represent a concentration of greater than 10% of the Plan&#8217;<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">s net assets available for benefits. Although these individual funds maintain a level of diversification through investment in multiple equity, debt or other investments, there may be a concentration of risk&nbsp;as a result of the fact&nbsp;that the funds are invested at the direction of a single fund manager. The BNY Mellon Stable Value Fund, Vanguard Growth Index Fund, Vanguard Total Bond Market Index and Vanguard Value Index Fund all represented greater than 10% of the Plan&#8217;s net assets available for benefits&nbsp;at December 31, 2018 and 2017.</font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">9</div>

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<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>FIRST US&nbsp;</b><b>BANCSHARES, INC.</b></font></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>401(k) PLAN</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Schedule H, Line 4i<a id="Supp" name="Supp"></a></b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Schedule of Assets (Held at End of Year)</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>(Plan Number 001)</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>(Employer Identification Number 63-0318800)</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>DECEMBER 31, 2018</b></p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL15" style="margin: 0pt 2.5%; width: 95%; text-indent: 0px; font-size: 10pt;">

		<tr>
			<td style="width: 3.9%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>(a)</b></p>
			</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>(b)</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Identity of Issue, Borrower, Lessor or Similar Party</b></p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>(c)</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Description of Investment</b><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>,</b><b> </b></font></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>including Maturity Date, </b></font></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Rate of Interest, Collateral, </b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Par or Maturity Value</b></p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>(d)</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Cost</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td colspan="2" rowspan="1" style="width: 100.4px; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>(e)</b></p>

			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>Current Value</b></p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">Cash</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; text-align: right; vertical-align: middle;">Interest-bearing cash</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; text-align: center; vertical-align: top;">**</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">$</td>
			<td style="width: 93.79px; text-align: right; vertical-align: middle;">&nbsp;&nbsp; 34,033</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;">*</p>
			</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">First US Bancshares, Inc.&nbsp;Stock</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman,Times,serif; font-size: 10pt;">Stock; 240,402 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman,Times,serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman,Times,serif; font-size: 10pt;">1,915,916</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">Am Century INT Growth FD - ADV</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; text-align: right; vertical-align: middle;">2 shares</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; text-align: center; vertical-align: top;">**</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; text-align: right; vertical-align: middle;">19</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">Am FDS Growth FD of America - R3</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; text-align: right; vertical-align: middle;">1 shares</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; text-align: center; vertical-align: top;">**</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; text-align: right; vertical-align: middle;">23</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">DFA Commodity Strategy</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 12 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">61</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">DFA Inflation Protected Sec Portfolio</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 4,319 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">48,980</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">DFA International Small Co. Portfolio</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 17,705 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">282,033</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">DFA International Value Fd</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 35,930 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">572,002</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">DFA Micro Cap Portfolio</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 661 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">12,215</p>
			</td>
		</tr>
		<tr>
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">Mellon Stable Value Fd Class M</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; text-align: right; vertical-align: middle;">Guaranteed investment contracts; 1,646,618 shares</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; text-align: center; vertical-align: top;">**</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; text-align: right; vertical-align: middle;">1,646,618</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard Emerging Mrkts Stock Index Fd ADMI</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 12,697 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">403,261</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard Growth Index Fd - ADMR</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 20,021 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">1,383,275</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard High-Yield Corp Fd - INV</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 28,820 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">156,492</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard INT_TRM Corp Fd - ADM</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 81,063 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">761,183</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard Mid-Cap Growth Index</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 17,143 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">882,539</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard Mid-Cap Value Index Fund</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 14,016 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">691,397</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard REIT Index Fd - ADM</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 1,586 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">167,721</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard Small-Cap Growth Index</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 6,664 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">352,854</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard Small-Cap Value Index Fund</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 6,556 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">321,325</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard Total BD MKT Index - ADMR</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 155,420 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">1,624,142</p>
			</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Vanguard Value Index Fd - ADMR</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">Mutual funds; 40,253 shares</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">1,536,442</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: middle;">&nbsp;</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: middle;">&nbsp;</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: middle;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: top;">&nbsp;</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: top;">&nbsp;</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">$</td>
			<td style="width: 93.79px; vertical-align: middle; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 3px; border-bottom-style: double;">
			<p style="margin: 0pt; text-align: right; font-family: Times New Roman, Times, serif; font-size: 10pt;">12,792,531</p>
			</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: top;">&nbsp;</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: top;">&nbsp;</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: none;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>*</b></p>
			</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 310px; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Party-in-interest. (See Note 5)</p>
			</td>
			<td style="width: 8.59px; vertical-align: top;">&nbsp;</td>
			<td style="width: 238.39px; vertical-align: top;">&nbsp;</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">
			<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>**</b></p>
			</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td colspan="3" style="width: 580.39px; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Cost not required, funds are participant directed.</p>
			</td>
			<td style="width: 5.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 51.6px; vertical-align: top;">&nbsp;</td>
			<td style="width: 7px; vertical-align: top;">&nbsp;</td>
			<td style="width: 9.4px; vertical-align: top;">&nbsp;</td>
			<td style="width: 93.79px; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(204, 238, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td colspan="8" style="width: 772.39px; vertical-align: top;">&nbsp;</td>
		</tr>
		<tr style="background-color: rgb(255, 255, 255);">
			<td style="width: 3.9%; vertical-align: top;">&nbsp;</td>
			<td style="width: 29.59px; vertical-align: top;">&nbsp;</td>
			<td colspan="8" style="width: 772.39px; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>See report of independent registered public accounting firm.</b></p>
			</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">10</div>

<hr noshade="noshade" style="border: currentColor; border-image: none; width: 100%; height: 2px; color: rgb(0, 0, 0); page-break-after: always; background-color: rgb(0, 0, 0);"></div>

<p style="margin: 0pt 0pt 0pt 72pt; text-align: center; text-indent: -72pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>SIGNATURE<a id="Signature" name="Signature"></a></b></p>

<p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><font style="font-family: Times New Roman, Times, serif; font-size: 10pt;"><i>The Plan</i>. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>

<p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" id="TBL3" style="width: 99.9%; text-indent: 0px; font-family: Times New Roman, Times, serif; font-size: 10pt; margin-left: 0.1%;">

		<tr>
			<td style="width: 49%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
			<td colspan="3" style="width: 51%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">FIRST US&nbsp;BANCSHARES, INC. 401(k) PLAN</p>
			</td>
		</tr>
		<tr>
			<td style="width: 49%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
			<td style="width: 6%; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 18pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">By:</p>
			</td>
			<td style="width: 34%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: thin; border-bottom-style: solid;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">/s/ Thomas S. Elley</p>
			</td>
			<td style="width: 11%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="width: 49%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
			<td colspan="2" style="width: 40%; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 18pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Thomas S. Elley</p>
			</td>
			<td style="width: 11%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="width: 49%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
			<td colspan="3" style="width: 51%; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 18pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">Chief Financial <font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">Officer of First US Bancshares, Inc. and First US Bank</font></p>
			</td>
		</tr>
		<tr>
			<td style="width: 49%; vertical-align: top;">
			<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>
			</td>
			<td colspan="3" style="width: 51%; vertical-align: top;">
			<p style="margin: 0pt 0pt 0pt 18pt; text-align: left; font-family: Times New Roman,Times,serif; font-size: 10pt;">June&nbsp;25, 2019</p>
			</td>
		</tr>

</table>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<div id="PGBK" style="width: 100%; margin-right: 0pt; margin-left: 0pt;">
<div id="PGNUM" style="width: 100%; text-align: center; font-family: Times New Roman; font-size: 10pt;">11</div>

<hr noshade="noshade" style="border: currentColor; border-image: none; width: 100%; height: 2px; color: rgb(0, 0, 0); page-break-after: always; background-color: rgb(0, 0, 0);">
<div id="PGHDR" style="width: 100%; text-align: left;">&nbsp;</div>
</div>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><u><b>Exhibit Index<a id="ExhIndex" name="ExhIndex"></a></b></u></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">Exhibit 23<font style="font-family: Times New Roman, Times, serif; font-size: 10pt;">.1 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a href="ex_145288.htm" style="-sec-extract:exhibit;">Consent of Independent Registered Public Accounting Firm</a></font></p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p>&nbsp;</p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;">12</p>

<p>&nbsp;</p>


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<FILENAME>ex_145288.htm
<DESCRIPTION>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
<TEXT>
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<p style="text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><u>Exhibit 23</u><u>.1</u></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</b></p>

<p style="margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><b>&nbsp;</b></p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">We hereby consent to the incorporation by reference of our report dated June 25, 2019, relating to our audit of the First US Bancshares, Inc. 401(k) Plan&#8217;s (the&nbsp;&#8220;Plan&#8221;) financial statements and supplemental schedule for the year ended December 31, 2018, which appears in the&nbsp;Plan&#8217;s Annual Report on Form 11-K in the following Registration Statements:</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt 0pt 0pt 36pt; text-align: left; text-indent: 9pt; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#9679;&nbsp; Registration Statement No. 33-43613 on Form S-8,</p>

<p style="margin: 0pt 0pt 0pt 45pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#9679;&nbsp; Registration Statement No. 333-110013 on Form S-8, and</p>

<p style="margin: 0pt 0pt 0pt 45pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;">&#9679;&nbsp; Registration Statement No. 333-189767 on Form S-8.</p>

<p>&nbsp;</p>

<p style="font-family: Times New Roman; font-size: 10pt;">/s/ Carr, Riggs &amp; Ingram, LLC</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp;</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Atlanta, Georgia</p>

<p style="margin: 0pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">June 25, 2019</p>


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