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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]

Pay vs. Performance

 

                            Value of Initial Fixed $100
Investment Based On:
          Company
Selected
 
Year   Summary
Compensation Table
(SCT) Total for CEO$(1)
    Compensation
Actually Paid
to CEO(2)(3)
    SCT Total for
Non-PEO
NEO($)
    Compensation
Actually Paid to
Non-PEO
NEO($)(2)
    FBMS TSR     Peer Group
TSR(3)
    Net
Income($)
    Measure
Pre-Tax Pre-
Provision
Income(4)
 
(a)     (b)       (c)       (d)       (e)       (f)       (g)       (h)       (i)  
2022     3,079,429     $ 2,508,196       1,226,198     $ 994,977       100.35       115.38       62,919,000       88,203,000  
2021     1,677,507     $ 1,957,287       770,988     $ 901,304       118.37       137.82       64,167,000       80,257,000  
2020     1,586,035     $ 1,380,158       538,543     $ 454,636       93.25       96.44       54,505,000       82,109,000  
Year 4     (required in 2024)                                                          
Year 5     (required in 2025)                                                          

 

1) The principal executive officer (the”PEO”) for each of 2022, 2021, and 2020 is Mr. Cole. We only have one non-PEO named executive Officer (the “non-PEO NEO”) for each applicable year, Ms. Lowery.

 

2) Reconciliation of adjustments made to Summary Compensation Table total compensation to calculate CAP for the PEO and CAP for the non-PEO NEO:

 

    CEO     Non-PEO NEO  
    2022     2021     2020     2022     2021     2020  
SCT     3,079,429       1,677,507       1,586,035       1,226,198       770,988       538,543  
Stock  awards reported in SCT     (1,487,425 )     (240,435 )     (284,750 )     (510,705 )     (122,067 )     (108,728 )
Change in pension value reported in SCT     (605,789 )     (551,602 )     (500,755 )     (269,882 )     (246,613 )     (45,844 )
“Service Cost” attributable to current years’ service     492,214       492,214       492,214       251,079       251,079       35,745  
Year-end fair value of unvested restricted stock awards granted in current year     1,292,724       251,030       316,242       400,125       127,446       106,351  
Dividends paid on unvested shares and stock options (SOs)     24,725       13,191       8,461       7,946       4,029       3,840  
Year over year change in fair value of outstanding and unvested restricted stock     (287,682 )     315,382       (237,290 )     (109,784 )     116,442       (75,271 )
CAP     2,508,196       1,957,287       1,380,158       994,977       901,304       454,636  

 

3) The peer group that we used for purposes of this disclosure is the NASDAQ OMX Bank Index, the same index used for our performance graph disclosed in our Annual Report on Form 10-K for the year ended December 31, 2022.

 

4) Calculated as pre-tax, pre-provision income adjusted for one-time, non-operating items.
   
Company Selected Measure Name Pre-Tax Pre- Provision Income    
Named Executive Officers, Footnote [Text Block]
1) The principal executive officer (the”PEO”) for each of 2022, 2021, and 2020 is Mr. Cole. We only have one non-PEO named executive Officer (the “non-PEO NEO”) for each applicable year, Ms. Lowery.

 

   
Peer Group Issuers, Footnote [Text Block]
3) The peer group that we used for purposes of this disclosure is the NASDAQ OMX Bank Index, the same index used for our performance graph disclosed in our Annual Report on Form 10-K for the year ended December 31, 2022.

 

   
PEO Total Compensation Amount $ 3,079,429 $ 1,677,507 $ 1,586,035
PEO Actually Paid Compensation Amount $ 2,508,196 1,957,287 1,380,158
Adjustment To PEO Compensation, Footnote [Text Block]
2) Reconciliation of adjustments made to Summary Compensation Table total compensation to calculate CAP for the PEO and CAP for the non-PEO NEO:

 

    CEO     Non-PEO NEO  
    2022     2021     2020     2022     2021     2020  
SCT     3,079,429       1,677,507       1,586,035       1,226,198       770,988       538,543  
Stock  awards reported in SCT     (1,487,425 )     (240,435 )     (284,750 )     (510,705 )     (122,067 )     (108,728 )
Change in pension value reported in SCT     (605,789 )     (551,602 )     (500,755 )     (269,882 )     (246,613 )     (45,844 )
“Service Cost” attributable to current years’ service     492,214       492,214       492,214       251,079       251,079       35,745  
Year-end fair value of unvested restricted stock awards granted in current year     1,292,724       251,030       316,242       400,125       127,446       106,351  
Dividends paid on unvested shares and stock options (SOs)     24,725       13,191       8,461       7,946       4,029       3,840  
Year over year change in fair value of outstanding and unvested restricted stock     (287,682 )     315,382       (237,290 )     (109,784 )     116,442       (75,271 )
CAP     2,508,196       1,957,287       1,380,158       994,977       901,304       454,636  

 

   
Non-PEO NEO Average Total Compensation Amount $ 1,226,198 770,988 538,543
Non-PEO NEO Average Compensation Actually Paid Amount $ 994,977 901,304 454,636
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
2) Reconciliation of adjustments made to Summary Compensation Table total compensation to calculate CAP for the PEO and CAP for the non-PEO NEO:

 

    CEO     Non-PEO NEO  
    2022     2021     2020     2022     2021     2020  
SCT     3,079,429       1,677,507       1,586,035       1,226,198       770,988       538,543  
Stock  awards reported in SCT     (1,487,425 )     (240,435 )     (284,750 )     (510,705 )     (122,067 )     (108,728 )
Change in pension value reported in SCT     (605,789 )     (551,602 )     (500,755 )     (269,882 )     (246,613 )     (45,844 )
“Service Cost” attributable to current years’ service     492,214       492,214       492,214       251,079       251,079       35,745  
Year-end fair value of unvested restricted stock awards granted in current year     1,292,724       251,030       316,242       400,125       127,446       106,351  
Dividends paid on unvested shares and stock options (SOs)     24,725       13,191       8,461       7,946       4,029       3,840  
Year over year change in fair value of outstanding and unvested restricted stock     (287,682 )     315,382       (237,290 )     (109,784 )     116,442       (75,271 )
CAP     2,508,196       1,957,287       1,380,158       994,977       901,304       454,636  

 

   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

CEO and Non-PEO NEO compensation actually paid as compared to company TSR:  As the reconciliation of adjustments made to SCT to arrive at CAP show, the adjusted equity values are positive for 2021 and negative for 2022.  This reflects the fact that year end stock price from year-end 2020 to year-end 2021 increased and year-end stock price from 2021 to year-end 2022 decreased, which correlates with cumulative TSR increases from 2020 to 2021 and decreases from 2021 to 2022.

   
Total Shareholder Return Vs Peer Group [Text Block]

Company TSR to peer group TSR:  As shown in the chart below, FBMS' total shareholder return is slightly below the OMX Banks-Index peer group for 2020, 2021, and 2022.  This is due primarily to the Banks asset growth over the past three years.

 

 

   
Tabular List [Table Text Block]

Required Tabular disclosure of Most Important Measures to Determine 2022 CAP

 

Other Company Selected Performance Measures

Pre-Tax Income Loan Growth

Deposit Growth

Total Asset Growth

Credit Quality

   
Total Shareholder Return Amount $ 100.35 118.37 93.25
Peer Group Total Shareholder Return Amount 115.38 137.82 96.44
Net Income (Loss) $ 62,919,000 $ 64,167,000 $ 54,505,000
Company Selected Measure Amount 88,203,000 80,257,000 82,109,000
PEO Name Mr. Cole    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Pre-Tax Income Loan Growth    
Non-GAAP Measure Description [Text Block]
4) Calculated as pre-tax, pre-provision income adjusted for one-time, non-operating items.
   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Compensation Actually Paid vs. Other Measure [Text Block]

CEO and Non-PEO NEO compensation actually paid to company pre-tax income,:  The total compensation actually paid to each executive correlates to the Bank's achievement of profitability and strategic goals through the annual and long-term incentive plans that were approved by the compensation committee for these executive officers.  The decrease in compensation actually paid from the amounts disclosed in the summary compensation table is due to decreases in stock price in 2022 and 2020, which is attributable to overall market changes rather than executive officer performance.  

   
Measure Name Deposit Growth    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Total Asset Growth    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Credit Quality    
Mr Cole [Member] | Stock awards reported in SCT      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (1,487,425) $ (240,435) $ (284,750)
Mr Cole [Member] | Change in pension value reported in SCT      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (605,789) (551,602) (500,755)
Mr Cole [Member] | “Service Cost” attributable to current years’ service      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 492,214 492,214 492,214
Mr Cole [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,292,724 251,030 316,242
Mr Cole [Member] | Dividends paid on unvested shares and stock options (SOs)      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 24,725 13,191 8,461
Mr Cole [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (287,682) 315,382 (237,290)
Non-PEO NEO [Member] | Stock awards reported in SCT      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (510,705) (122,067) (108,728)
Non-PEO NEO [Member] | Change in pension value reported in SCT      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (269,882) (246,613) (45,844)
Non-PEO NEO [Member] | “Service Cost” attributable to current years’ service      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 251,079 251,079 35,745
Non-PEO NEO [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 400,125 127,446 106,351
Non-PEO NEO [Member] | Dividends paid on unvested shares and stock options (SOs)      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 7,946 4,029 3,840
Non-PEO NEO [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (109,784) $ 116,442 $ (75,271)