First Bancshares, Inc. reports recurring developments as the holding company for Stockmens Bank, an FDIC-insured commercial bank chartered by the State of Colorado. News about FBSI centers on quarterly and annual operating results, including net income, loan balances, deposits, net interest margin, efficiency, liquidity, asset quality and capital levels.
Company updates also cover annual cash dividends on common stock, regulatory capital status and branch-based banking activity across Stockmens Bank offices in Colorado, Missouri and Nebraska. The reporting emphasizes relationship deposit funding, loan deployment, stockholders’ equity and the bank’s well-capitalized status.
First Bancshares (OTCQX: FBSI) reported third-quarter 2026 net income of $2.559 million, marking its sixth consecutive quarter of record earnings. Diluted earnings per share were $1.05, versus $0.83 a year earlier; net income increased from $2.008 million. Nine-month net income reached $6.814 million, versus $5.524 million, with diluted earnings of $2.82 versus $2.29.
Quarterly net interest income rose 26.9%, and net interest margin expanded to 4.87% from 4.62%. At September 30, assets were $685.7 million, net loans $582.2 million and deposits $596.0 million. Equity reached $75.1 million, including approximately $3.2 million raised to support expansion. Nonaccrual loans fell 42.8% year over year to $831,000. Quarterly non-interest expense rose to $4.707 million from $3.748 million. The company attributed higher credit-loss provisions to loan growth rather than credit deterioration. Results are unaudited.
First Bancshares (OTCQX: FBSI) reported unaudited Q2 2026 after-tax net income of $2.14 million, or $0.89 per diluted share, up from $1.82 million, or $0.75, in Q2 2025. Net interest income rose to $6.86 million, with a net interest margin of 4.76% supported by low-cost deposits.
The Company’s subsidiary Stockmens Bank completed the acquisition of a Westcliffe, CO branch, adding about $51 million to the balance sheet using organic capital and no new debt. As of June 30, 2026, total assets were $648.5 million, loans $547.9 million, deposits $564.9 million, and stockholders’ equity $69.2 million, representing year-over-year growth of 19.20%, 23.03%, 20.62%, and 11.08%, respectively. The efficiency ratio was 56%, after-tax return on average assets exceeded 1.37%, and after-tax return on average equity was over 12.38%. The Bank remains categorized as “well-capitalized.”
First Bancshares (OTCQX: FBSI) reported unaudited results for Q1 2026 with after-tax net income of $2.118 million and diluted EPS of $0.88, up from $1.692 million and $0.71 in Q1 2025. Loans rose 20.4% to $496.8 million and stockholders' equity increased 23.63% to $68.3 million.
Key operating metrics: net interest margin ~4.90%, efficiency ratio ~53%, after-tax ROA >1.50%, after-tax ROE >13.50%. Total assets were $590.5 million. The bank is well-capitalized and is opening a new branch in Hugo, Colorado, with another branch planned in Q2 2026.
First Bancshares (OTCQX: FBSI) declared an annual cash dividend of $0.50 per share. The Board approved the dividend to be payable on April 15, 2026 to shareholders of record at the close of business on April 1, 2026.
This distribution applies to the company’s outstanding common stock and follows board action declaring the payment.
First Bancshares (OTCQX: FBSI) reported unaudited results for the quarter and year ended December 31, 2025, with record fiscal 2025 results. The Company reported fourth-quarter after-tax net income of $2.098M ($0.87 diluted) versus $1.719M ($0.71) a year earlier. For fiscal 2025, the Bank recorded after-tax net income of $8.088M and the Company recorded $7.621M ($3.15 diluted), surpassing 2024 highs. Total assets rose 5.0% to $564.6M, loans increased 18.4% to $501.4M, deposits grew 2.6% to $484.9M, and stockholders’ equity increased 11.1% to $66.2M. Credit loss reserves rose by $1.0M to $9.3M, nonperforming assets to loans improved from 2.14% to 1.22%, and the Bank reports a tier one capital ratio of 11.3% and total capital ratio of 14.2%, meeting “well-capitalized” regulatory status.
First Bancshares (OTCQX: FBSI) reported unaudited results for the quarter ended September 30, 2025. Net income was $2.008M or $0.83 diluted EPS, up from $1.576M or $0.65 diluted EPS a year earlier. Annualized after-tax ROA was 1.43% and ROE was 12.57%. Since September 30, 2024, consolidated total assets rose 10.6% to $572.3M, cash & cash equivalents increased 27.5% to $62.9M, net loans receivable grew 10.2% to $465.8M, and stockholders' equity increased 11.3% to $64.4M.
The company reported record earnings ratios, core deposit growth without brokered deposits, deployment of excess liquidity into high-quality loans, improved asset quality near zero, and maintained well-capitalized regulatory status.
First Bancshares (OTCQX:FBSI) reported strong Q2 2025 financial results with net income of $1.824 million ($0.75 per diluted share), up from $1.63 million ($0.67 per share) in Q2 2024. The company achieved an impressive 1.36% return on assets and 11.82% return on equity.
The bank demonstrated solid growth across key metrics, with total assets increasing by $27.3 million to $544.1 million. Notable improvements include a $13 million increase in cash equivalents to $55.8 million, $15.9 million growth in net loans to $445.3 million, and a $13.4 million rise in deposits to $468.3 million. Stockholders' equity grew by $6.3 million to $62.3 million.
First Bancshares (OTCQX: FBSI) reported strong Q1 2025 financial results with after-tax net income of $1,692,000 ($0.71 per share-diluted), up from $1,653,000 ($0.68 per share-diluted) in Q1 2024. The company achieved an after-tax return on average assets of 1.26% and return on equity of 11.19%.
Key metrics include improved net interest margin of 4.50%, reduced cost of funds to 1.80%, and increased yield on earning assets to 6.34%. Total assets decreased by $7.1 million to $532.4 million, with $19.2 million deployed into loans receivable. Deposits decreased by $14.0 million to $464.1 million, while stockholders' equity increased by $6.2 million to $61.4 million.
The Bank maintains 'well-capitalized' regulatory status with tier 1 capital exceeding 11% through organic growth.
First Bancshares (OTCQX: FBSI), the holding company for Stockmens Bank in Colorado Springs, has announced that its Board of Directors has declared an annual cash dividend of $0.40 per share on the company's outstanding common stock. The dividend will be paid on April 15, 2025, to shareholders who are on record as of the close of business on April 1, 2025.
First Bancshares (OTCQX: FBSI) has reported strong financial results for Q4 and full-year 2024. The company achieved quarterly after-tax net income of $1,719,000 ($0.71 per share-diluted) and annual after-tax net income of $6,578,000 ($2.71 per share-diluted).
Key financial metrics show solid performance: consolidated assets stood at $537.89 million, net loans increased to $423.66 million, and total deposits rose to $472.60 million. The company demonstrated strong capital growth with tier 1 capital increasing 11.09% to $58.40 million and total capital up 10.25% to $64.09 million.
The bank outperformed its peer group with impressive metrics including a 1.34% after-tax return on average assets, 12.56% after-tax return on average equity, 4.35% net interest margin, and 56.07% efficiency ratio. With strong liquidity (14.65%) and leverage (10.97%) ratios, the bank is well-positioned for 2025 growth.