| Market Capitalization (Millions $) |
413 |
| Shares
Outstanding (Millions) |
12 |
| Employees |
295 |
| Revenues (TTM) (Millions $) |
80 |
| Net Income (TTM) (Millions $) |
12 |
| Cash Flow (TTM) (Millions $) |
100 |
| Capital Exp. (TTM) (Millions $) |
6 |
First Bancshares Inc
Our company, The First Bancshares, Inc. was incorporated on June 23, 1995 to serve
as a bank holding company for The First, A National Banking Association (“The
First”), headquartered in Hattiesburg, Mississippi. The First began operations
on August 5, 1996 from our main office in the Oak Grove community, which is now
included within the city of Hattiesburg. At year end, the First had 27 branches,
one motor bank facility and four loan production offices in the states of Mississippi,
Alabama, and Louisiana.
We exited the recent recession with strong asset quality metrics compared to most
of our peers, which we believe illustrates our historically disciplined underwriting
and credit culture. As such, we benefited from our strength by taking advantage
of growth opportunities when many of our peers were unable to do so. Since that
time, we focused on growing earnings per share and increasing our tangible common
equity and tangible book value per share. In addition, we returned to strong levels
of loan growth by continuing to strengthen our relationships with existing clients
and creating new relationships.
In April 2013, we completed our first post-recession acquisition with the purchase
of First National Bank of Baldwin County, which resulted in our strategic entry
into the south Alabama market. Then in July 2014 we completed our acquisition
of Bay Bank, previously headquartered in Mobile, Alabama. The conversion and integration
of these acquisitions have been successful to date, and we are optimistic that
this market will continue to contribute to our future growth and success. Also
in 2014 we established a de novo branch in Baton Rouge, Louisiana and a loan production
office in Slidell, Louisiana.
| FBMS is expected to report next financial results on August 15, 2018. |
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0.000%
1.91%