First Bancshares (FBSI) reported Q2 2025 net income of $1.82 million ($0.75 per diluted share), up from $1.63 million ($0.67/share) in Q2 2024. Profitability metrics were strong with a 1.36% ROA and 11.82% ROE. Total assets grew $27.3 million YoY to $544.1 million, driven by a $13 million increase in cash equivalents, a $15.9 million rise in net loans ($445.3M), and a $13.4 million deposit surge ($468.3M). A $7.5 million portion of asset growth stemmed from arbitrage activities. Shareholders’ equity increased $6.3 million to $62.3 million. The Bank remains “well-capitalized.”
First Bancshares (OTCQX: FBSI) delivered robust second-quarter results for 2025, reporting net income of $1.82 million ($0.75 per diluted share), marking a solid year-over-year increase from $1.63 million ($0.67 per share) in Q2 2024. The Missouri-based holding company demonstrated exceptional efficiency with a 1.36% return on assets and an 11.82% return on equity.
Key balance sheet metrics showed consistent growth: total assets climbed $27.3 million to $544.1 million year-over-year, powered by a $13 million expansion in cash equivalents ($55.8 million total), a $15.9 million rise in net loans to $445.3 million, and a $13.4 million deposit surge to $468.3 million. Shareholders benefitted from a $6.3 million equity increase to $62.3 million.
Contextual Note
A notable $7.5 million portion of assets stemmed from arbitrage activities rather than core operational growth
07/11/2025 – 08:00 PM
MOUNTAIN GROVE, Mo., July 11, 2025 – First Bancshares, Inc. (OTCQX: FBSI), parent company of Stockmens Bank, announced strong unaudited financial results today for the quarter ended June 30, 2025.
The company’s Q2 net income surged to $1.82 million, or $0.75 per diluted share—up considerably from $1.63 million ($0.67 per share) during the same period last year. These results translated to an after-tax return on average assets of 1.36% and return on equity of 11.82%. This robust performance continues despite an atypical $7.5 million temporary asset expansion due to strategic arbitrage positioning and capital reserve accumulation.
Year-over-year balance sheet momentum was evident: Consolidated total assets reached $544.1 million (up $27.3 million), cash equivalents rose $13.0 million to $55.8 million, and net loans increased $15.9 million to $445.3 million. Total deposits climbed $13.4 million to $468.3 million alongside a $6.3 million gain in stockholders’ equity to $62.3 million.
“We’ve focused intensely on strengthening our financial foundation,” management emphasized. “Our enhanced liquidity positions us to strategically deploy capital into high-quality earning assets, while disciplined cost control and improving asset quality provide flexible capacity for organic growth.”
The Bank remains categorized as “well-capitalized” under all regulatory standards.
About the Company
First Bancshares, Inc. operates as the holding company for Stockmens Bank—an FDIC-insured Colorado-chartered commercial bank headquartered in Colorado Springs. It maintains eight full-service Missouri branches alongside additional locations in Nebraska and Colorado.
Forward-Looking Statements Disclosure
Statements concerning the Company’s expectations, strategies, or financial projections constitute forward-looking statements under the Private Securities Litigation Reform Act. These involve inherent risks including economic conditions, interest rate volatility, regulatory shifts, and competitive factors. The Company assumes no obligation to update such statements.
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