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Tag Archives: M. Ray “Hoppy” Cole

The First opening loan office in Baton Rouge

HATTIESBURG — The First Bancshares Inc., holding company for The First, A National Banking Association, is opening of a new loan production office in Baton Rouge, La. M. Ray “Hoppy” Cole, president and CEO of First Bancshares and The First, said, “We are excited to gain a larger presence in Louisiana with the entry into Baton Rouge and the addition ...

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The First acquiring Alabama bank in cash/stock deal

HATTIESBURG — First Bancshares is expanding further into Alabama, announcing yesterday that it will buy BCB Holding Co. of Mobile, Ala., for about $6.6 million in cash and stock. BCB is the parent company of Bay Bank, which has $80 million in assets. Hattiesburg-based First Bancshares, the parent company of The First, says it expects to complete the acquisition before ...

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The First reports increase in net income

HATTIESBURG — The First Bancshares Inc. (NASDAQ: FBMS), holding company for The First, A National Banking Association, has released its earnings report for the fourth quarter and fiscal year ended Dec. 31, 2013. Net income available to common stockholders for the three months amounted to $1,392,000, or $0.27 per diluted share, compared to $1,062,000, or $0.34 per diluted share, for ...

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Cole named CEO at The First

HATTIESBURG — M. Ray “Hoppy” Cole will be named CEO of The First, A National Banking Association and The First Bancshares. He took over as CEO Sept. 14. Cole is a founding director of the First National Bank of the Pine Belt (the predecessor bank of the current Laurel branch) and a director of The First  Bancshares Inc. Cole joined ...

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