First Bancshares Q3 net income rises 27% to $2.56 million
FBMS•First Bancshares reported third-quarter net income of $2.56 million, up 27% year over year, as net interest income climbed 27% to $7.94 million.
1. Quarterly results
Diluted earnings per share rose 27% to $1.05, and pretax income increased 20% to $3.2 million. The provision for credit losses rose to $446,000.
2. Balance sheet growth
Total assets grew 20% year over year to $685.65 million. Loans receivable increased 16% to $582.22 million from Dec. 31, 2025, while deposits rose 21% to $596.01 million; management said the deposit base had no brokered deposits.
