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Tag Archives: The First Bancshares Inc.

The First expands Gulf presence with BCB acquisition

The First Bancshares Inc. (NASDAQ: FBMS), holding company for The First, A National Banking Association, has acquired BCB Holding Company Inc., holding company for Mobile, Alabama-based Bay Bank. Terms were not disclosed. The First president and CEO Hoppy Cole said, “We are excited about the opportunities that this merger will create in the Mobile market.” The acquisition will further expand ...

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BCB shareholders approve proposed merger with The First

HATTIESBURG — BCB Holding Company Inc. shareholders have approved the previously announced merger of BCB with and into The First Bancshares Inc., holding company for The First, A National Banking Association. Concurrently, BCB’s wholly-owned subsidiary, Bay Bank, an Alabama banking corporation, will be merged with and into The First, A National Banking Association. In addition, The First Bancshares has received ...

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The First sees earnings increase, declares dividend

HATTIESBURG — The First Bancshares Inc. (NASDAQ: FBMS), holding company for The First, A National Banking Association, has reported earnings for the first quarter ended March 31. Net income available to common stockholders for the three months ended March 31 amounted to $1,321,000, or $0.25 per diluted share, compared to $1,119,000, or $0.35 per diluted share for the same quarter ...

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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 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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The First reports improved quarter, nine-month period

HATTIESBURG — The First Bancshares Inc., holding company for The First, A National Banking Association, reports net income available to common stockholders for the three months ended Sept. 30 was $998,000, or $0.19 per diluted share, compared to $766,000, or $0.24 per diluted share, for the same quarter in 2012, an increase of $232,000, or 30.3 percent. Net income available ...

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The First accounts for merger, net income down nearly 25 percent

HATTIESBURG — The First Bancshares Inc. reports net income available to common stockholders for the three months ended June 30 amounted to $706,000, or $.18 per diluted share, compared to $931,000, or $.30 per diluted share for the same quarter in 2012, a decrease of $225,000 or 24.2 percent. Net income available to common shareholders exclusive of merger related costs ...

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Johnson retires from The First

David E. Johnson has retired from his positions as chairman of the board and as an active member of the board of directors of The First Bancshares Inc. and The First, A National Banking Association. Johnson now serves as director emeritus upon his retirement. Johnson served as chairman since 1998. He was also a founding director of the company and ...

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