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First US Bancshares, Inc. FUSB Sale of investments
Sale of investments at other companies
Other financials
Where this comes from
Reported directly by First US Bancshares, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt.
The source filing: First US Bancshares, Inc.’s 10-K, filed March 14, 2024.
- Filed
- Mar 14, 2024
- Fiscal year
- FY2023
- Accession
- 0000950170-24-031518
| Line item | Year Ended December 31, 2023 | Year Ended December 31, 2022 |
|---|---|---|
| Cash flows from investing activities: | ||
| Net increase in federal funds sold | (7,707) | (1,686) |
| Purchases of investment securities, available-for-sale | (14,891) | (39,255) |
| Proceeds from sales of investment securities, available-for-sale | — | 8,531 |
| Proceeds from maturities and prepayments of investment securities, available-for-sale | 11,856 | 19,250 |
| Proceeds from maturities and prepayments of investment securities, held-to-maturity | 755 | 1,563 |
| Net decrease (increase) in Federal Home Loan Bank stock | 158 | (489) |
| Net increase in loans | (49,650) | (69,935) |
Item 8. Financial Statements and Supplementary Data.
FAQ
- What is First US Bancshares, Inc.'s sale of investments?
- First US Bancshares, Inc. (FUSB) reported sale of investments of $2.13M in Q4 2022.
- What does sale of investments mean?
- This represents cash inflows from the sale of marketable securities, such as corporate bonds or government debt, classified as available-for-sale. It reflects the company's active management of its liquid investment portfolio.
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