FBSI
First Bancshares, Inc.33.57
+1.57+4.91%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
81.52MP/E (TTM)
12.67Basic EPS (TTM)
2.65Dividend Yield
0%Recent Filings
8-K
Voluntary Nasdaq delisting announced
First Bancshares, Inc. notified Nasdaq on May 17, 2012, of its plan to voluntarily delist its common stock and file Form 25 around May 29, followed by Form 15 to deregister under the JOBS Act, given fewer than 1,200 holders. The move targets $200,000 in annual savings from cutting SEC reporting costs, easing management burdens amid low trading volume. Stock will shift to the Over-the-Counter Bulletin Board. Deregistration suspends periodic filings, but the company will post financials online.
10-Q
Q3 FY2012 results
First Bancshares narrowed its Q3 FY2012 net loss to $584,000, or $(0.38) per diluted share, from $614,000, or $(0.40), a year earlier, as net interest income dipped 15.6% y/y to $1.3 million amid lower loan yields and volumes, yet provision for loan losses fell 15.0% y/y to $209,000 on stabilizing credit quality. Non-interest income dropped 52.5% y/y to $174,000, hit by reduced gains on investment sales, while non-interest expense eased 6.5% y/y to $1.8 million, aided by lower deposit insurance premiums. Cash equivalents stood at $12.8 million at quarter-end, with deposits down 6.0% y/y to $169.9 million and $3.0 million in FHLB advances outstanding; non-GAAP metrics not disclosed in the 10-Q. Non-performing assets improved to 3.8% of total assets from 5.0% y/y. Progress shows. Regulatory constraints linger.
8-K
Narrower Q3 loss, improving credit
First Bancshares reported a narrower Q3 fiscal 2012 net loss of $584,000, or $0.38 per diluted share, down from $614,000 last year, thanks to lower loan loss provisions and non-interest expenses amid falling market rates. Net interest income dropped to $1.3 million with a margin of 2.85%, while non-performing assets fell 27.7% to $7.6 million. Assets shrank 5.9% to $197.1 million; equity holds at 8.4%. Losses persist, but credit quality improves.
8-K
Branch closures announced
First Bancshares, Inc. announced plans to close its Theodosia and Galena, Missouri branches on June 1, 2012, transferring customer accounts to nearby Gainesville and Crane locations. The move targets cost reductions amid low transaction volumes at these sites. CEO R. Bradley Weaver noted it aligns with the bank's best interests. Forward-looking statements highlight risks from economic conditions and regulatory compliance.
10-Q
Q2 FY2012 results
First Bancshares narrowed its Q2 FY2012 net loss to $662,000, or $(0.43) per diluted share, from $1.5 million, or $(0.95), a year earlier, thanks to a slashed provision for loan losses at $18,000 versus $408,000 and non-interest expense dropping to $1.5 million from $2.1 million. Net interest income dipped to $1.3 million from $1.6 million, reflecting lower loan yields in a low-rate environment, while non-interest income stayed negative at $346,000 due to a $584,000 provision on real estate owned. Loans held steady at $94.3 million net, with non-performing assets falling to 4.1% of total assets from 5.0%; cash stood at $18.7 million, deposits at $172.0 million, and $3.0 million in FHLB advances. The bank maintains Tier 1 capital at 7.8% under a regulatory agreement. Yet regulatory constraints limit dividends and growth.
IPO
Sector
Industry
FBIZ
First Business Financial Servic
57.50-0.41
FBK
FB Financial Corporation
58.09-0.74
FBNC
First Bancorp
53.55+0.08
FCBC
First Community Bankshares, Inc
35.18-0.15
FFIN
First Financial Bankshares, Inc
31.49+0.12
FIBK
First Interstate BancSystem, In
35.57-0.07
FMBH
First Mid Bancshares, Inc.
42.28-0.01
FUSB
First US Bancshares, Inc.
13.20-0.81
SFST
Southern First Bancshares, Inc.
55.26-0.24
SMBC
Southern Missouri Bancorp, Inc.
62.22+0.48