Bank holding company offering banking products and services through its subsidiary, The First, A National Banking Association, primarily in Mississippi, Louisiana, Alabama, and Florida.
The First Bancshares, Inc. operates as a prominent bank holding company overseeing The First, A National Banking Association, which provides a comprehensive range of commercial and retail banking services. Organized into three core segments Commercial/Retail Bank, Mortgage Banking Division, and Holding Company the company offers a variety of deposit services including checking, savings, money market accounts, and certificates of deposit. These services are complemented by a robust lending portfolio that includes commercial loans for working capital and business expansion, consumer loans for personal investments and home improvements, and real estate loans for home purchases and construction.
With a strong presence across Mississippi, Alabama, Florida, Georgia, and Louisiana, The First Bancshares caters primarily to small to medium-sized businesses, professionals, individuals, associations, organizations, and governmental authorities. The company emphasizes technological integration with internet banking services, automated teller machines (ATMs), mobile deposit options, and cash management services. Additionally, it provides a suite of financial management services including wealth management, ensuring comprehensive support for its diverse clientele.
While firmly rooted in traditional banking practices, The First Bancshares, Inc. has started exploring opportunities within the realm of cryptocurrency. This strategic initiative reflects broader trends within the financial sector where institutions are increasingly evaluating digital assets as potential components of their service offerings. By considering the integration of cryptocurrency services, The First Bancshares aims to enhance operational efficiencies, expand service capabilities, and meet evolving customer expectations in an increasingly digital world, while maintaining its commitment to delivering personalized and reliable banking solutions.