Income Statement First Bancshares, Inc.

Stocks

FIBH

US3186861023

Market Closed - OTC Markets 15:38:41 2026-07-29 EDT			5-day change	1st Jan Change
38.35 ^USD	-1.36%		-.--%	-12.84%

06-17	First Bancshares, Inc. announces Quarterly dividend, payable on July 24, 2026	CI
05-05	First Bancshares, Inc. Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: FIRST BANCSHARES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	10.19M	8.89M	10.42M	11.7M	11.46M
Interest Income On Investments	963K	2.23M	2.74M	2.81M	3.97M
Interest Income, Total	11.15M	11.12M	13.16M	14.51M	15.43M
Interest On Deposits	572K	686K	4.06M	4.52M	4.96M
Total Interest On Borrowings	373K	511K	803K	968K	446K
Interest Expense, Total	946K	1.2M	4.86M	5.49M	5.4M
Net Interest Income	10.2M	9.92M	8.3M	9.02M	10.03M
Service Charges On Deposits	363K	342K	318K	261K	287K
Gain (Loss) on Sale of Loans	438K	139K	42.06K	26.34K	25.12K
Income (Loss) on Real Estate Property	-394K	-6.31K	-	9.05K	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-586	-	-244K	-	-9.48M
Total Other Non Interest Income	776K	999K	828K	644K	564K
Non Interest Income, Total	1.18M	1.47M	944K	941K	-8.61M
Revenues Before Provison For Loan Losses	11.39M	11.4M	9.25M	9.96M	1.42M
Provision For Loan Losses	45K	-	-376K	-	350K
Total Revenues	11.34M	11.4M	9.62M	9.96M	1.07M
Salaries And Other Employee Benefits	4.37M	4.56M	4.7M	4.75M	5.12M
Occupancy Expense	1.15M	1.21M	1.12M	1.15M	1.21M
Federal Deposit Insurance	83.3K	82.41K	139K	134K	157K
Selling General & Admin Expenses, Total	1.15M	1.32M	1.34M	1.39M	1.72M
(Income) Loss on Real Estate Property	-	-	-	-	-
Total Other Non Interest Expense	990K	1.1M	813K	1.04M	975K
Non Interest Expense, Total	7.75M	8.27M	8.12M	8.46M	9.18M
EBT, Excl. Unusual Items	3.59M	3.12M	1.51M	1.5M	-8.11M
EBT, Incl. Unusual Items	3.59M	3.12M	1.51M	1.5M	-8.11M
Income Tax Expense	672K	521K	176K	184K	-1.92M
Earnings From Continuing Operations	2.92M	2.6M	1.33M	1.32M	-6.18M
Net Income to Company	2.92M	2.6M	1.33M	1.32M	-6.18M
Net Income - (IS)	2.92M	2.6M	1.33M	1.32M	-6.18M
Net Income to Common Incl Extra Items	2.92M	2.6M	1.33M	1.32M	-6.18M
Net Income to Common Excl. Extra Items	2.92M	2.6M	1.33M	1.32M	-6.18M
Per Share Items
Net EPS - Basic	5.43	4.84	2.48	2.42	-11.33
Basic EPS - Continuing Operations	5.43	4.84	2.48	2.42	-11.33
Basic Weighted Average Shares Outstanding	538K	538K	-	544K	546K
Net EPS - Diluted	5.43	4.84	2.48	2.42	-11.33
Diluted EPS - Continuing Operations	5.43	4.84	2.48	2.42	-11.33
Diluted Weighted Average Shares Outstanding	538K	538K	-	544K	546K
Normalized Basic EPS	4.17	3.63	1.75	1.72	-9.29
Normalized Diluted EPS	4.17	3.63	1.75	1.72	-9.29
Dividend Per Share	1.28	1.3	1.32	1.32	1.32
Payout Ratio	24.5	26.88	53.27	54.27	-11.65
Supplemental Items
Effective Tax Rate - (Ratio)	18.71	16.7	11.65	12.27	23.75
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	679K	529K	195K	183K	-1.9M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-7.24K	-8.03K	-19.55K	1.28K	-24.07K
Normalized Net Income	2.24M	1.95M	942K	937K	-5.07M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	15.21M	6.09M	6.56M	14.9M	28.48M
Investment Securities, Total	31.52M	34.96M	31.72M	84.34M	46.15M
Mortgage Backed Securities	75.88M	69.37M	59.55M	-	48.01M
Total investments	107M	104M	91.27M	84.34M	94.17M
Gross Loans	170M	170M	185M	179M	174M
Allowance For Loan Losses	-2.63M	-2.62M	-2.24M	-2.24M	-2.59M
Net Loans	167M	168M	183M	176M	171M
Gross Property Plant And Equipment	13.25M	13.69M	13.83M	14.04M	14.01M
Accumulated Depreciation	-5.77M	-6.21M	-6.68M	-7.13M	-7.55M
Net Property Plant And Equipment	7.47M	7.48M	7.15M	6.91M	6.46M
Accrued Interest Receivable	831K	1.01M	1.16M	1.02M	1.34M
Restricted Cash	250K	250K	250K	250K	250K
Deferred Tax Assets Long-Term (Collected)	419K	3.3M	3.15M	3.33M	2.34M
Other Real Estate Owned And Foreclosed	1.29M	-	-	-	-
Other Long-Term Assets, Total	6.01M	6.37M	6.44M	6.67M	6.9M
Total Assets	306M	297M	299M	294M	311M
Liabilities
Accrued Expenses, Total	1.82M	2.27M	2.52M	2.73M	2.36M
Interest Bearing Deposits	181M	157M	152M	155M	165M
Institutional Deposits	19.38M	26.81M	35.13M	38.53M	46.17M
Non-Interest Bearing Deposits	71.03M	76.13M	68.13M	70.27M	66.92M
Total Deposits	272M	259M	255M	264M	278M
Short-Term Borrowings	-	5.41M	10M	-	-
Current Portion of Long-Term Debt	-	12.5M	14.25M	9.25M	1.25M
Long-Term Debt	8M	-	-	-	8M
Federal Home Loan Bank Debt - Long-Term	-	1.25M	-	-	-
Accrued Interest Payable	19.35K	36.72K	565K	255K	244K
Total Liabilities	282M	281M	282M	277M	290M
Common Stock, Total	1.1M	1.1M	1.1M	1.1M	1.1M
Additional Paid In Capital	1.12M	1.12M	1.12M	1.14M	1.18M
Retained Earnings	25.26M	27.16M	27.79M	28.39M	21.49M
Treasury Stock	-2.61M	-2.61M	-2.61M	-2.47M	-2.45M
Comprehensive Income and Other	-184K	-11.08M	-10.61M	-11.01M	-129K
Total Common Equity	24.69M	15.69M	16.78M	17.15M	21.19M
Total Equity	24.69M	15.69M	16.78M	17.15M	21.19M
Total Liabilities And Equity	306M	297M	299M	294M	311M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	538K	538K	538K	544K	546K
ECS Total Common Shares Outstanding	538K	538K	538K	544K	546K
Book Value / Share	45.92	29.19	31.22	31.51	38.85
Tangible Book Value	24.69M	15.69M	16.78M	17.15M	21.19M
Tangible Book Value Per Share	45.92	29.19	31.22	31.51	38.85
Total Debt	8M	19.16M	24.25M	9.25M	9.25M
Deposits at Interest - Cash	9.73M	-	-	-	20M
Federal Funds Sold	175K	-	691K	6.23M	2.62M
Net Debt	-7.21M	13.07M	17.69M	-5.65M	-19.23M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	2.92M	2.6M	1.33M	1.32M	-6.18M
Depreciation, Depletion & Amortization	447K	472K	469K	463K	484K
Total Depreciation, Depletion & Amortization	447K	472K	469K	463K	484K
(Gain) Loss on Sale of Investments - (CF)	1.11M	811K	872K	547K	9.71M
Total Asset Writedown	-	-	-	-	-
Provision for Credit Losses	45K	-	-376K	-	350K
Stock-Based Compensation (CF)	-	-	-	-	-
Changes in Accrued Interest Receivable	159K	-433K	-104K	26.3K	-424K
Changes in Accrued Interest Payable	-187K	479K	777K	-123K	-386K
Other Operating Activities	42.39K	-89.25K	-93.16K	-169K	-2.03M
Cash from Operations	4.54M	3.84M	2.88M	2.06M	1.52M
Capital Expenditure	-834K	-478K	-146K	-217K	-36.98K
Sale of Property, Plant, and Equipment	-	3.22K	-	-	-
Investment in Marketable and Equity Securities, Total	-60.12M	-11.53M	12.57M	5.69M	-5.76M
Net (Increase) Decrease in Loans Originated / Sold - Investing	20.03M	-369K	-14.86M	6.79M	4.65M
Other Investing Activities, Total	-	1.29M	209K	197K	-3.05K
Cash from Investing	-40.93M	-11.09M	-2.23M	12.46M	-1.15M
Short Term Debt Issued, Total	-	5.41M	-	-	-
Long-Term Debt Issued, Total	8M	5.75M	10.5M	-	-
Total Debt Issued	8M	11.16M	10.5M	-	-
Short Term Debt Repaid, Total	-3.93M	-	-5.41M	-	-
Long-Term Debt Repaid, Total	-97.73K	-	-	-15M	-
Total Debt Repaid	-4.03M	-	-5.41M	-15M	-
Issuance of Common Stock	-	-	-	158K	66.57K
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-715K	-699K	-710K	-714K	-720K
Common & Preferred Stock Dividends Paid	-715K	-699K	-710K	-714K	-720K
Net Increase (Decrease) in Deposit Accounts - (CF)	15.86M	-12.33M	-4.55M	9.37M	13.86M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	19.11M	-1.87M	-176K	-6.18M	13.21M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-17.27M	-9.12M	472K	8.34M	13.58M
Supplemental Items
Cash Interest Paid	975K	1.18M	4.33M	5.8M	5.42M
Cash Income Tax Paid (Refund)	781K	520K	109K	248K	82.61K
Net Debt Issued / Repaid	3.97M	11.16M	5.09M	-15M	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.99	0.86	0.45	0.44	-2.04
Return On Equity %	12.08	12.88	8.2	7.75	-32.24
Return on Common Equity	12.08	12.88	8.2	7.75	-32.24
Shareholders Value Added	19.83K	178K	-616K	-720K	-8.48M
Margin Analysis
SG&A Margin	58.88	62.22	74.43	73.18	750.08
Net Interest Income / Total Revenues %	89.97	87.07	86.28	90.55	934.93
EBT Excl. Non-Recurring Items Margin %	31.66	27.39	15.67	15.06	-755.63
Income From Continuing Operations Margin %	25.74	22.82	13.84	13.21	-576.17
Net Income Margin %	25.74	22.82	13.84	13.21	-576.17
Net Avail. For Common Margin %	25.74	22.82	13.84	13.21	-576.17
Normalized Net Income Margin	19.79	17.12	9.79	9.41	-472.27
Asset quality
Nonperforming Loans / Total Loans %	0.23	0.13	0.18	0.13	1.76
Nonperforming Loans / Total Assets %	0.13	0.07	0.11	0.08	0.98
Nonperforming Assets / Total Assets %	0.55	0.07	0.11	0.08	0.98
NPAs / Loans and OREO	0.98	0.13	0.18	0.13	1.76
NPAs / Equity	6.8	1.38	2	1.33	14.46
Allowance for Credit Losses / Net Charge-offs %	905.65	60.23K	26.54K	-239K	53.15K
Allowance for Credit Losses / Nonperforming Loans %	681.51	1.21K	668.7	981.91	84.35
Allowance for Credit Losses / Total Loans %	1.54	1.54	1.21	1.26	1.49
Provision for Loan Losses / Net Charge-offs %	15.51	-	-4.45K	-	7.2K
Capital And Funding
Total Average Common Equity / Total Average Assets %	8.16	6.7	5.45	5.72	6.34
Total Average Equity / Total Average Assets %	8.16	6.7	5.45	5.72	6.34
Total Equity + Allowance for Loan Losses / Total Loans %	16.06	10.75	10.27	10.86	13.68
Gross Loans / Total Deposits %	62.57	65.69	72.69	67.54	62.5
Net Loans / Total Deposits %	61.61	64.68	71.81	66.69	61.57
Tier 1 Capital Ratio %	-	-	-	-	-
Total Capital Ratio %	-	-	-	-	-
Core Tier 1 Capital Ratio	-	-	-	-	-
Coverage Ratio	681.51	1.21K	668.7	763.01	74.23
Leverage Ratio %	9.5	11.3	11.8	12	9
Interbank Ratio	-	-	-	-	-
Fixed Charges Coverage
EBT + Interest on Borrowings / Interest on Borrowings	10.62	7.11	2.88	2.55	-17.18
EBT + Interest Expense / Interest Expense	4.8	3.61	1.31	1.27	-0.5
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	10.06	-2.76	-16.31	8.59	11.22
Non Interest Income, 1 Yr. Growth %	-43.34	24.58	-35.92	-0.38	-1.01K
Provision For Loan Losses, 1 Yr. Growth %	-94.17	-	-	-	-
Total Revenues, 1 Yr. Growth %	7.13	0.48	-15.55	3.47	-89.23
Earnings From Cont. Operations, 1 Yr. Growth %	-0.16	-10.92	-48.77	-1.24	-569.76
Net Income, 1 Yr. Growth %	-0.16	-10.92	-48.77	-1.24	-569.76
Normalized Net Income, 1 Yr. Growth %	1.57	-13.07	-51.7	-0.55	-640.51
Diluted EPS Before Extra, 1 Yr. Growth %	-0.16	-10.92	-48.71	-2.55	-568.65
Dividend Per Share, 1 Yr. Growth %	12.28	1.56	1.54	0	0
Gross Loans, 1 Yr. Growth %	-11.27	0.21	8.71	-3.67	-2.61
Allowance For Loan Losses, 1 Yr. Growth %	-8.53	-0.17	-14.64	0.04	15.41
Net Loans, 1 Yr. Growth %	-11.31	0.22	9.08	-3.71	-2.84
Non Performing Loans, 1 Yr. Growth %	-84.9	-43.89	54.77	-31.87	1.24K
Non Performing Assets, 1 Yr. Growth %	-34.3	-87.1	54.77	-31.87	1.24K
Total Assets, 1 Yr. Growth %	7.25	-3.16	0.81	-1.79	5.97
Total Deposits, 1 Yr Growth %	6.2	-4.54	-1.76	3.68	5.25
Tangible Book Value, 1 Yr. Growth %	4.46	-36.44	6.96	2.18	23.58
Common Equity, 1 Yr. Growth %	4.46	-36.44	6.96	2.18	23.58
Total Equity, 1 Yr. Growth %	4.46	-36.44	6.96	2.18	23.58
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	7.92	3.45	-9.79	-4.67	9.89
Non Interest Income, 2 Yr. CAGR %	-4.13	-15.98	-10.65	-20.1	201.9
Provision For Loan Losses, 2 Yr. CAGR %	-43.53	-	188.96	-	-3.48
Total Revenues, 2 Yr. CAGR %	6.99	3.75	-7.88	-6.52	-66.62
Earnings From Cont. Operations, 2 Yr. CAGR %	11.58	-5.69	-32.45	-28.87	115.39
Net Income, 2 Yr. CAGR %	11.58	-5.69	-32.45	-28.87	115.39
Normalized Net Income, 2 Yr. CAGR %	11.57	-6.04	-35.2	-30.69	131.85
Diluted EPS Before Extra, 2 Yr. CAGR %	11.58	-5.69	-32.41	-29.3	113.7
Dividend Per Share, 2 Yr. CAGR %	4.6	6.79	1.55	0.77	0
Gross Loans, 2 Yr. CAGR %	-3.82	-5.7	4.38	2.34	-3.14
Allowance For Loan Losses, 2 Yr. CAGR %	11.57	-4.44	-7.69	-7.59	7.45
Net Loans, 2 Yr. CAGR %	-4.02	-5.72	4.56	2.48	-3.27
Non Performing Loans, 2 Yr. CAGR %	-57.71	-70.89	-6.81	2.69	202.53
Non Performing Assets, 2 Yr. CAGR %	-11.78	-70.89	-55.33	2.69	202.53
Total Assets, 2 Yr. CAGR %	16.14	1.91	-1.2	-0.5	2.01
Total Deposits, 2 Yr CAGR %	17.6	0.69	-3.16	0.92	4.46
Tangible Book Value, 2 Yr. CAGR %	9.21	-18.52	-17.55	4.54	12.37
Common Equity, 2 Yr. CAGR %	9.21	-18.52	-17.55	4.54	12.37
Total Equity, 2 Yr. CAGR %	9.21	-18.52	-17.55	4.54	12.37
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	6.13	4.23	-3.61	-4.04	0.36
Non Interest Income, 3 Yr. CAGR %	-3.35	4.62	-23.24	-7.35	80.09
Provision For Loan Losses, 3 Yr. CAGR %	-27.07	-	-21.34	-	-
Total Revenues, 3 Yr. CAGR %	5.24	4.78	-3.13	-4.25	-54.51
Earnings From Cont. Operations, 3 Yr. CAGR %	4.44	3.51	-23.05	-23.33	33.45
Net Income, 3 Yr. CAGR %	4.44	3.51	-23.05	-23.33	33.45
Normalized Net Income, 3 Yr. CAGR %	7.55	2.67	-24.73	-25.25	37.45
Diluted EPS Before Extra, 3 Yr. CAGR %	6.45	3.51	-23.02	-23.64	32.81
Dividend Per Share, 3 Yr. CAGR %	6.49	3.57	5.01	1.03	0.51
Gross Loans, 3 Yr. CAGR %	-2.63	-2.5	-1.12	1.62	0.66
Allowance For Loan Losses, 3 Yr. CAGR %	9.24	7.51	-7.97	-5.18	-0.49
Net Loans, 3 Yr. CAGR %	-2.78	-2.63	-1.03	1.72	0.68
Non Performing Loans, 3 Yr. CAGR %	-47.5	-53.53	-49.2	-16.05	141.96
Non Performing Assets, 3 Yr. CAGR %	-15.08	-53.53	-49.2	-48.58	141.96
Total Assets, 3 Yr. CAGR %	11.24	9.31	1.54	-1.4	1.61
Total Deposits, 3 Yr CAGR %	13.24	9.7	-0.13	-0.93	2.34
Tangible Book Value, 3 Yr. CAGR %	8.07	-8.82	-10.78	-11.44	10.54
Common Equity, 3 Yr. CAGR %	8.07	-8.82	-10.78	-11.44	10.54
Total Equity, 3 Yr. CAGR %	8.07	-8.82	-10.78	-11.44	10.54
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	4.92	3.8	-0.55	0.58	1.58
Non Interest Income, 5 Yr. CAGR %	5.78	2.66	-6.34	-6.08	32.75
Provision For Loan Losses, 5 Yr. CAGR %	-33.21	-	26.5	-	-14.64
Total Revenues, 5 Yr. CAGR %	4.15	3.77	-0.22	0.1	-36.74
Earnings From Cont. Operations, 5 Yr. CAGR %	9.53	9.99	-12.27	-10.91	16.15
Net Income, 5 Yr. CAGR %	9.53	9.99	-12.27	-10.91	16.15
Normalized Net Income, 5 Yr. CAGR %	6.81	1.98	-12.18	-12.26	18.05
Diluted EPS Before Extra, 5 Yr. CAGR %	10.8	11.26	-11.23	-11.13	15.81
Dividend Per Share, 5 Yr. CAGR %	12.2	9.13	4.48	2.44	2.98
Gross Loans, 5 Yr. CAGR %	1.28	-0.11	0.12	-0.59	-1.93
Allowance For Loan Losses, 5 Yr. CAGR %	5.78	5.87	2.13	1.19	-2.09
Net Loans, 5 Yr. CAGR %	1.22	-0.19	0.09	-0.61	-1.93
Non Performing Loans, 5 Yr. CAGR %	1.32	-26.17	-33.96	-36.18	3.72
Non Performing Assets, 5 Yr. CAGR %	29.87	-27.58	-34.32	-36.18	3.72
Total Assets, 5 Yr. CAGR %	8.68	7.19	6.09	5.28	1.73
Total Deposits, 5 Yr CAGR %	10.1	7.61	6.38	6.1	1.68
Tangible Book Value, 5 Yr. CAGR %	8.15	-2.48	-3.01	-3.69	-2.16
Common Equity, 5 Yr. CAGR %	8.15	-2.48	-3.01	-3.69	-2.16
Total Equity, 5 Yr. CAGR %	8.15	-2.48	-3.01	-3.69	-2.16