General

First Bancshares, Inc. ("First Bancshares" or the "Company"), a Missouri corporation, was incorporated on September 30, 1993 for the purpose of becoming the holding company for First Home Savings Bank ("First Home" or the "Savings Bank") upon the Savings Bank's conversion from a state-chartered mutual to a state-chartered stock savings and loan association ("Conversion"). The Conversion was completed on December 22, 1993. At June 30, 2006, the Company had consolidated total assets of $228.4 million, total customer deposits of $179.1 million and stockholders' equity of $26.3 million. The Company is not engaged in any significant activity other than holding the...