Loading...
•
Jun 30, 2022
First Bancshares Q2 2022 Earnings Report
The First Bancshares completed the acquisition of Beach Bancorp, Inc.
Key Takeaways
The First Bancshares completed its acquisition of Beach Bancorp, Inc., expanding its market share in Northwest Florida and establishing a presence in Tampa. The combined company now has approximately $6.7 billion in total assets, $5.8 billion in total deposits and $3.6 billion in total loans.
The First Bancshares acquired Beach Bancorp, Inc.
Beach Bank was merged with The First Bank.
The acquisition expands First Bancshares' presence in Northwest Florida and Tampa.
The combined company has approximately $6.7 billion in total assets, $5.8 billion in total deposits and $3.6 billion in total loans.