FIRST BANCSHARES INCFBMS

Market cap

$1.1B

P/E ratio

15.9x

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Interest and fees on loans	21	21	26	30	34	38	57	87	129	158	151	158	295	322
Taxable interest and dividends	2	3	3	4	4	4	6	9	14	14	17	30	32	33
Tax-exempt interest	1	2	2	2	2	2	2	3	4	7	8	11	12	12
Interest on deposits in banks	71,134	82,716	100,169	85,257	93,276	59,449	162,467	1	2	1	1	2	2	3
Total interest income	24	26	31	36	40	45	66	100	149	179	177	200	341	370
Interest on deposits	1	1	698,580	520,373	762,119	1	5	11	20	20	12	14	71	118
Interest on borrowed funds	1	1	617,654	603,469	645,207	871,523	2	4	7	7	8	9	20	18
Total interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	136
Net interest income	19	22	28	33	37	40	59	85	122	153	157	178	249	234
Provision for credit losses, LHFI	-	-	-	-	-	-	-	-	-	-	-	5	14	4
Provision for credit losses, OBSC exposures	-	-	-	-	-	-	-	-	-	-	-	0	1	0
Net interest income after provision for credit losses	18	21	27	32	37	40	59	83	118	128	158	172	235	230
Service charges on deposit accounts	-	-	-	-	-	-	-	-	-	-	7	9	14	14
Other service charges and fees	-	-	-	-	-	-	-	-	-	-	-	-	-	3
Interchange fees	-	-	-	-	-	-	-	5	8	9	12	13	19	18
Investment Income, Net	-	-	-	-	-	4	5	4	6	10	9	4	3	3
Bank owned life insurance income	186,624	170,918	152,294	369,804	408,535	528,734	738,659	1	1	2	2	2	3	4
BOLI death proceeds	-	-	-	-	-	-	-	-	-	-	-	2	-	1
Gain (loss) on sale of premises	-	-	-	-	-	-	-	-	-	-	-0	-0	0	-0
Securities (loss) gain	-	-	-	-	-	-	-	0	0	0	0	-0	-10	-0
Change in value of equity securities	-	-	-	-	-	-	-	-	-	-	-	-	-	-0
Gain (loss) on sale of other real estate	-78,845	-55,426	-76,532	-85,256	-246,859	-113,755	-198,296	0	-0	-1	-0	0	0	-0
Government awards/grants	-	-	-	-	-	-	-	-	-	-	-	1	6	0
Bargain purchase gain	-	-	-	-	-	-	-	-	-	8	1	0	-	-
Other	136,781	349,922	841,147	1	733,574	842,781	1	1	2	3	4	5	8	8
Total non-interest income	5	6	7	8	8	11	14	21	27	42	37	37	47	50
Salaries	8	10	12	14	15	18	26	34	41	51	53	58	77	80
Employee benefits	2	2	3	3	3	4	5	5	7	10	12	15	17	22
Occupancy	1	2	2	3	3	3	5	7	9	11	13	13	17	19
Equipment Expense	1	1	2	2	1	1	1	2	2	3	3	3	4	4
Supplies and printing	415,957	425,086	455,443	497,755	300,022	286,880	640,171	1	1	1	1	1	1	1
Professional Fees	2	746,941	2	2	1	2	7	5	6	4	4	4	6	6
Marketing and public relations	353,145	329,362	451,018	445,451	496,638	465,344	405,552	1	1	1	1	0	1	0
FDIC and OCC assessments	-	-	-	-	-	-	-	-	-	-	-	-	-	4
ATM expense	-	-	-	-	763,248	882,657	1	3	3	3	4	4	6	7
Communication	-	-	-	-	-	-	1	2	1	2	2	2	4	3
Data processing	-	-	-	-	-	-	1	7	1	1	2	2	3	2
Acquisition expense/charter conversion	-	-	-	-	-	-	-	-	-	-	2	6	9	4
Amortization of Intangible Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	10
Other	3	5	5	5	5	5	6	9	16	15	17	20	36	21
Total non-interest expense	19	22	28	31	32	37	55	76	89	106	115	130	185	182
Income before income taxes	-	-	-	-	-	-	-	-	-	-	81	79	97	98
Income taxes	466,900	1	2	2	3	4	7	6	13	11	17	16	21	21
Net income available to common stockholders, basic	3	4	4	6	8	10	11	21	44	53	64	63	75	77
Net income available to common stockholders, diluted	-	-	-	-	-	-	-	-	-	-	-	63	75	77
Earnings Per Share, Basic	0.94	1.31	1.07	1.27	1.64	1.86	1.12	1.63	-	-	-	2.86	2.41	2.45
Earnings Per Share, Diluted	0.93	1.29	1.06	1.25	1.62	1.64	1.11	1.62	-	-	-	2.84	2.39	2.44