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First Bancshares, Inc. acts as the parent holding company for Stockmens Bank, offering a comprehensive array of banking and mortgage services to both individual and corporate customers. Its operations span southern Missouri, eastern Colorado, and southwestern Nebraska. The company gathers diverse deposit products and extends a variety of loans, encompassing real estate financing such as single-to-four family residential mortgages, multi-family residential, commercial, and agricultural real estate loans, as well as home equity lines. Furthermore, it provides non-real estate credit options, including commercial business, agricultural business, and consumer loans. Beyond its lending activities, First Bancshares strategically allocates capital to mortgage-backed securities, U.S. Government and agency debt, and other investment assets. Founded in 1911, the company's headquarters are situated in Mountain Grove, Missouri, with its primary corporate office located in Colorado Springs, Colorado. It also operates nine full-service branch facilities across Missouri and Nebraska.
First Bancshares, Inc. Announces Operating Results for the Quarter Ended June 30, 2026
First Bancshares reported Q2 2026 net income of $2.136 million ($0.89 per diluted share), up from $1.824 million ($0.75 per share) in the prior year, fueled by strong loan and deposit growth.
Total assets increased 19.2% year-over-year to $648.5 million, with loans rising 23% to $547.9 million and deposits growing 20.6% to $564.9 million.
The company acquired a branch in Westcliffe, CO, adding approximately $51 million to the balance sheet without debt, while maintaining a 'well-capitalized' status and a 4.76% net interest margin.