MOUNTAIN GROVE, Mo., Nov. 26, 2014 (GLOBE NEWSWIRE) -- First Bancshares, Inc. (OTCQB:FBSI), the holding company for First Home Bank ("Bank"), today announced that the Board of Directors approved the change in the Company's fiscal year to December 31. The change will result in a stub period from July 1, 2014, to December 31, 2014, and as a result of the change, the first full fiscal year will end on December 31, 2015. This change in fiscal year is being undertaken to align the financial reporting periods for the Company and the Bank with regulatory reporting periods now effective with the Company's reorganization to a bank holding company and the Bank's charter conversion to a commercial bank that occurred on January 22, 2014.
First Bancshares, Inc. is the holding company for First Home Bank, a FDIC-insured commercial bank chartered by the State of Missouri that conducts business from its home office in Mountain Grove, Missouri, and seven full service offices in Marshfield, Ava, Gainesville, Sparta, Springfield, Crane, and Kissee Mills, Missouri.
For additional information, contact R. Bradley Weaver, President and CEO, at (417) 926-5151
Source:First Bancshares, Inc.