First Bancshares, Inc. · OTC:FIBH

First Bancshares — Merger or Acquisition (April 2022)

11 slides from First Bancshares's merger presentation, Apr 27, 2022

  1. Slide 1: Investor Presentation April 26, 2022

    1 Investor PresentationApril 26, 2022 NASDAQ: FBMS

  2. Slide 2: Safe Harbor

    2 Safe Harbor ABOUT THE FIRST BANCSHARES, INC.The First Bancshares, Inc. (“FBMS” or the “Company”), headquartered in Hattiesburg, Mississippi, is the parent company of The First Bank. Founded in 1996, The First has operations in Mississippi, Louisiana, Alabama, Florida and Georgia. The Company’s sto

  3. Slide 3: Forward Looking Statements

    3 Forward Looking Statements This slide presentation and certain of our other filings with the Securities and Exchange Commission contain statements that constitute “forward looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as am

  4. Slide 4: Loan Portfolio Potential Increased Risk Sectors

    4 Loan Portfolio Potential Increased Risk SectorsMarch 31, 2022 SECTOR BOOK BALANCE AVAILABLE TOTAL COMMITTED % OF LOANS HOTELS $112.3 MILLION $23.5 MILLION $135.8 MILLION 4.6% RESTAURANTS $ 86.4 MILLION $ 4.5 MILLION $ 90.9 MILLION 3.1% RETAIL $198.2 MILLION $ 9.4 MILLION $207.6 MILLION 7.0% DIRECT

  5. Slide 5: Loan Portfolio Risk Sectors Detail

    5 Loan Portfolio Risk Sectors DetailMarch 31, 2022 SECTOR TOTAL COMMITTED % OF LOANS LTV % HOTELS $135.8 MILLION 4.6% 57.7% FLAGGED $73.6 MILLION NON-FLAGGED $62.2 MILLION RESTAURANTS $ 90.9 MILLION 3.1% 47.1% CHAIN $70.4 MILLION NON-CHAIN $18.7 MILLION CONSTRUCTION $ 1.8 MILLION RETAIL $207.6 MILLI

  6. Slide 6: Loan Portfolio Risk Sectors by State

    6 Loan Portfolio Risk Sectors by StateMarch 31, 2022 SECTOR TOTAL COMMITTED % OF LOANS LTV % HOTELS $135.8 MILLION 4.6% 57.7% MISSISSIPPI $24.9 MILLION 66.3% LOUISIANA $44.8 MILLION 47.9% ALABAMA $12.6 MILLION 42.0% FLORIDA $37.6 MILLION 67.2% GEORGIA $15.9 MILLION 67.2% RESTAURANTS $ 90.9 MILLION 3

  7. Slide 7: Risk Sectors by State Continued

    7 Risk Sectors by State ContinuedMarch 31, 2022 SECTOR TOTAL COMMITTED % OF LOANS LTV % RETAIL $207.6 MILLION 7.0% 51.5% MISSISSIPPI $52.5 MILLION 55.9% LOUISIANA $47.2 MILLION 49.8% ALABAMA $23.6 MILLION 45.0% FLORIDA $62.0 MILLION 55.9% GEORGIA $22.3 MILLION 43.1%

  8. Slide 8: Payroll Protection Program (PPP)

    As of MARCH 31, 2022, we have 177 loans totaling $19.4 million with $0.7 million from round 1 and $18.7 million from round 2. the PPP loans have an average size of $109,700BALANCE OF Net Fees - $0.7 million ppp loans made to Enhanced Risk sectors are detailed below: 8 Payroll Protection Program (PPP

  9. Slide 9: Loan Reserves & NPAs

    9 LOAN RESERVES & NPAs LOAN BALANCES ALLL/CREDIT MARK ALLL/MARK TO LOANS TOTAL LOANS $2.970 BILLION $31.6 MILLION 1.06% MARCH 31, 2022 NON PERFORMING ASSETS BALANCES % OF LOANS + OREO LEGACY $20.7 MILLION 0.70% ACQUIRED $ 6.9 MILLION 0.23% TOTAL NON PERFORMING ASSETS $27.6 MILLION 0.93% RESERVES

  10. Slide 10: Solid Capital Balance Sheet Management

    solid capital 10 Balance Sheet Management MARCH 31, 2022 ESTIMATES The First Bank First Bancshares TOTAL SHAREHOLDER’S EQUITY $716.5 MILLION $590.4 MILLION COMMON EQUITY TIER 1 CAPITAL RATIO 16.9% 13.3% TIER 1 CAPITAL RATIO 16.9% 13.8% TOTAL RISK-BASED CAPITAL RATIO 17.7% 18.2% LEVERAGE RATIO 10.1%

  11. Slide 11: TheFirst

    TheFirst BANCSHARES, INC. NASDAQ: FBMS -@ Thekirst

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