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SUMMARY OF ORGANIZATION	9 Months Ended
SUMMARY OF ORGANIZATION	Sep. 30, 2023
SUMMARY OF ORGANIZATION
SUMMARY OF ORGANIZATION	SUMMARY OF ORGANIZATION The First Bancshares, Inc., Hattiesburg, Mississippi (the “Company”), was incorporated June 23, 1995, under the laws of the State of Mississippi for the purpose of operating as a bank holding company. The Company’s primary asset is its interest in its wholly-owned subsidiary, The First Bank (the “Bank” or “The First”). At September 30, 2023, the Company had approximately $7.884 billion in assets, $5.036 billion in net loans held for investment (“LHFI”), $6.480 billion in deposits, and $897.2 million in shareholders' equity. For the nine months ended September 30, 2023, the Company reported net income of $64.4 million. On February 24, 2023, the Company paid a cash dividend in the amount of $0.21 per share to shareholders of record as of the close of business on February 8, 2023. On May 24, 2023, the Company paid a cash dividend of $0.22 per share to shareholders of record as of the close of business on May 8, 2023. On August 24, 2023, the Company paid a cash dividend of $0.23 per share to shareholders of record as of the close of business August 8, 2023.