Vitals
  • Total Assets
    1.3B 11.5 %
  • Total Deposits
    1.0B 14.1 %
  • Total Net Loans
    865.4M 12.4 %
  • Net Income
    11.6M 21.1 %
  • Book Value
    179.5M 59.0 %
  • Book Value x2
    359.1M 59.0 %
  • Book Value x3
    538.6M 59.0 %
ROAA

.949

ROAE

8.944

Efficiency Ratio

65.309

Net Interest Margin

3.759

Balance Sheet Highlights
Financial Highlights The First, A National Banking Association All Insured Commercial Banks in Mississippi
Balance Sheet $(000)
Total Assets 1,276,073 525,484
Total Net Loans 865,424 348,104
Total Deposits 1,039,452 440,088
Total Equity 179,542 60,485
Profitability
Net Income 11,649 5,177
Return on Average Assets .949 .911
Return on Average Equity 8.944 8.357
Net Interest Margin 3.759 3.971
Efficiency Ratio 65.309 70.327
Noninterest Income/Revenue 18.575 22.171
Balance Sheet Ratios
Loan-to-Deposit 83.258 71.665
Securities/Assets .195 .197
Total Equity/Total Assets .141 .115
Tangible Equity/Tangible Assets .128 .102
Capital Adequacy
Tier 1 Common Capital 165,062 52,498
Tier 1 Capital 165,062 52,598
Tier 2 Capital 7,510 3,510
Total Capital 172,572 56,103
Total Risk Weighted Assets 1,017,383 380,206
Leverage Ratio 13.11 10.71
Common Equity Tier 1 Capital Ratio 16.22 16.284
Tier 1 Capital Ratio 16.22 16.342
Total Capital Ratio 16.96 17.377

Timeline for The First, A National Banking Association

Bay Bank

Acquisition: The First, A National Banking Association acquired a new subsidiary, Bay Bank, 9 years

View Profile Jul 01 2014

First National Bank Of Baldwin County

Acquisition: The First, A National Banking Association acquired a new subsidiary, First National Bank Of Baldwin County, 11 years

View Profile Apr 30 2013

First National Bank Of Wiggins

Acquisition: The First, A National Banking Association acquired a new subsidiary, First National Bank Of Wiggins, 17 years

View Profile Oct 01 2006

The First National Bank Of The Pine Belt

Acquisition: The First, A National Banking Association acquired a new subsidiary, The First National Bank Of The Pine Belt, 20 years

View Profile Jan 23 2004

The First, A National Banking Association

The First, A National Banking Association was established 27 years ago and is currently headquartered in Hattiesburg, MS.

Aug 05 1996

Want to see more?

Complete timeline for The First, A National Banking Association is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Bay Bank Seller 78,005 Acquisition Discontinued 7/1/2014
First National Bank Of Baldwin County Seller 187,935 Acquisition Discontinued 4/30/2013
First National Bank Of Wiggins Seller 47,407 Acquisition Discontinued 10/1/2006
The First National Bank Of The Pine Belt Seller 52,804 Pooling of Interests Discontinued 1/23/2004
Relationships Role Relationship Start Relationship End
First Bancshares, Inc., The Parent 8/5/1996
Similar Organizations
Organization City State Total Assets
American Bank, National Association
 		Corpus Christi TX 1.3B
Finemark National Bank & Trust
 		Fort Myers FL 1.3B
The Citizens National Bank Of Meridian
 		Meridian MS 1.3B
Bank First National
 		Manitowoc WI 1.3B
The First National Bank Of Fort Smith
 		Fort Smith AR 1.3B
American First National Bank
 		Houston TX 1.3B
First National Bank Of Northern California
 		Daly City CA 1.2B
Extraco Banks, National Association
 		Temple TX 1.4B
Old Plank Trail Community Bank, National Association
 		New Lenox IL 1.3B
Post Oak Bank, N.A.
 		Houston TX 1.1B