| Business Summary | | First
Bancshares,
Inc.
was
incorporated
for
the
purpose
of
becoming
the
holding
company
for
First
Home
Savings
Bank
upon
the
Savings
Bank's
conversion
from
a
state-chartered
mutual
to
a
state-chartered
stock
savings
and
loan
association.
The
Savings
Bank
is
a
federally
insured
stock
savings
and
loan
association.
The
Savings
Bank
conducts
its
business
from
its
home
office
in
Mountain
Grove
and
nine
full
service
branch
facilities
in
Marshfield,
Ava,
Gainesville,
Sparta,
Theodosia,
Crane,
Galena,
Kissee
Mills
and
Rockaway
Beach,
Missouri.
The
Savings
Bank
provides
its
customers
with
a
full
array
of
community
banking
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Bancshares,
Inc.
is
a
holding
company
for
First
Home
Savings
Bank.
For
the
nine
months
ended
3/31/01,
interest
income
increased
18%
to
$12.1
million.
Net
interest
income
after
loan
loss
provision
increased
3%
to
$5.1
million.
Net
income
decreased
10%
to
$1.4
million.
Net
interest
income
reflects
an
increase
in
the
average
loans
outstanding,
partially
offset
by
a
higher
balance
of
FHLB
advances.
Earnings
also
suffered
from
increased
compensation
and
benefit
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stephen Romines, 58 Chairman,
Pres, CEO | $115K | Susan Uchtman, 37 CFO | -- | Peter Medlen, 44 Exec.
VP | -- | Charles Schumacher, 48 Sr.
VP | -- | Harold Glass, 59 VP
of the Corp. and the Bank | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|