First Bancshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	14.9	6.56	6.09	15.21	32.48
Investment Securities	84.34	33.56	34.96	31.52	15.93
Mortgage-Backed Securities	-	57.71	69.37	75.88	33.92
Total Investments	84.34	91.27	104.33	107.4	49.85
Gross Loans	178.51	185.3	170.45	170.08	191.69
Allowance for Loan Losses	-2.24	-2.24	-2.62	-2.63	-2.87
Net Loans	176.27	183.06	167.82	167.45	188.82
Property, Plant & Equipment	6.91	7.15	7.48	7.47	7.09
Accrued Interest Receivable	1.02	1.16	1.01	0.83	1
Restricted Cash	0.25	0.25	0.25	0.25	0.25
Long-Term Deferred Tax Assets	3.33	3.15	3.3	0.42	0.26
Other Real Estate Owned & Foreclosed	-	-	-	1.29	-
Other Long-Term Assets	6.67	6.44	6.37	6.01	5.89
Total Assets	293.68	299.05	296.64	306.33	285.64
Accrued Expenses	2.73	2.52	2.27	1.82	1.98
Interest Bearing Deposits	155.49	151.67	156.53	181.4	176.87
Institutional Deposits	38.53	35.13	26.81	19.38	18.86
Non-Interest Bearing Deposits	70.27	68.13	76.13	71.03	60.21
Total Deposits	264.3	254.92	259.48	271.81	255.95
Short-Term Borrowings	-	10	5.41	-	3.93
Current Portion of Long-Term Debt	9.25	14.25	13.75	-	0.1
Accrued Interest Payable	0.25	0.57	0.04	0.02	0.05
Long-Term Debt	-	-	-	8	-
Total Liabilities	276.53	282.26	280.95	281.65	262
Common Stock	1.1	1.1	1.1	1.1	1.1
Additional Paid-In Capital	1.14	1.12	1.12	1.12	1.12
Retained Earnings	28.39	27.79	27.16	25.26	23.06
Treasury Stock	-2.47	-2.61	-2.61	-2.61	-2.61
Comprehensive Income & Other	-11.01	-10.61	-11.08	-0.18	0.97
Shareholders' Equity	17.15	16.78	15.69	24.69	23.63
Total Liabilities & Equity	293.68	299.05	296.64	306.33	285.64
Total Debt	9.25	24.25	19.16	8	4.03
Net Cash (Debt)	5.65	-17.69	-13.07	7.21	28.45
Net Cash Growth	-	-	-	-74.67%	-
Net Cash Per Share	10.38	-32.94	-24.32	13.41	52.93
Filing Date Shares Outstanding	0.54	0.54	0.54	0.54	0.54
Total Common Shares Outstanding	0.54	0.54	0.54	0.54	0.54
Book Value Per Share	31.51	31.22	29.19	45.92	43.96
Tangible Book Value	17.15	16.78	15.69	24.69	23.63
Tangible Book Value Per Share	31.51	31.22	29.19	45.92	43.96

Source: S&P Global Market Intelligence. Banks template. Financial Sources.