First Bancshares Missouri Q3 net interest income rises on loan growth
FBSI•First Bancshares Missouri reported record third-quarter net income of $2.56 million and EPS of $1.05. Net interest income rose 26.9% year over year to $7.94 million, driven by loan growth.
1. Quarterly results
The bank holding company said third-quarter net income and EPS reached record levels and rose year over year. Net interest income increased 26.9% to $7.94 million as loan growth drove results; the provision for credit losses was $446,000.
2. Costs and asset quality
Interest expense rose 7.0% despite deposit growth of 20.8%, while the cost of funds fell to 1.77% from 2.01%. The efficiency ratio improved to 56.7% for the first nine months of 2026 from 59.3% in the same period of 2025, and nonaccrual loans fell 42.8% year over year. The company did not provide specific guidance for future quarters or the full year.
