UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) January 12, 2007
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First Bancshares, Inc.
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(Exact Name of Registrant as Specified in Charter)
Missouri 0-22842 43-1654695
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
142 East First Street, Mountain Grove, Missouri 65711
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (417) 926-5151
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions.
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On January 19, 2007, First Bancshares, Inc. ("Company") issued a press release
announcing the appointment of Daniel P. Katzfey as President and Chief
Executive Officer effective January 12, 2007. Mr. Katzfey has been serving as
Interim President and Chief Executive Officer of the Company and the Bank
since December 22, 2006 following the resignation of the Company's and Bank's
former President and Chief Executive Officer, James W. Duncan.
For further information, see the Company's press release attached hereto as
Exhibit 99.1, which is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 News Release of First Bancshares, Inc. dated January 19,
2007.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: January 19, 2007 FIRST BANCSHARES, INC.
/s/Daniel P. Katzfey
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Daniel P. Katzfey
President and Chief Executive Officer
Exhibit 99.1
News Release Dated January 19, 2007
**FOR IMMEDIATE RELEASE**
FIRST BANCSHARES, INC.
ANNOUNCES APPOINTMENT OF
NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER
Mountain Grove, Missouri (January 19, 2007) First Bancshares, Inc. (The
Nasdaq Stock Market LLC - FstBksh: "FBSI") (the "Company"), the parent company
of First Home Savings Bank, Mountain Grove, Missouri ("Bank"), today announced
that Daniel P. Katzfey was appointed as President and Chief Executive Officer
of the Company and of the Bank. Mr. Katzfey joined the Bank on November 20,
2006 as Executive Vice President and Chief Lending Officer. On December 22,
2006, Mr. Katzfey was appointed as Interim President and Chief Executive
Officer of the Company and the Bank following the resignation of Mr. James W.
Duncan as President and Chief Executive Officer of the Company, the Bank and
its affiliated entities.
Mr. Katzfey joins the Bank from Village Bank located in Springfield, Missouri,
where he had served as Executive Vice President and Commercial Lender since
February 2004. As Executive Vice President and Commercial Lender, he was
responsible for loan review, loan administration, the credit department, loan
processing and loan oversight. From May 1, 2001 to February 1, 2004 he was
the Senior Loan Officer, Loan Review Officer, Compliance Officer, Internal
Auditor, Security Officer and Willard Branch Manager at Sun Security Bank
(formerly Citizens Home Bank) located in Greenfield, Missouri. Mr. Katzfey is
a graduate of Missouri State University and has a Bachelor of Science Degree
in Finance.
First Home Savings Bank is an FDIC-insured savings bank chartered by the State
of Missouri that conducts business from its home office in Mountain Grove,
Missouri and ten full service branch facilities in Springfield, Marshfield,
Ava, Gainesville, Sparta, Theodosia, Crane, Galena, Kissee Mills and Rockaway
Beach, Missouri.
At September 30, 2006, First Bancshares, Inc. had consolidated total assets of
$227.1 million and stockholders' equity of $26.4 million.
Forward-looking statements:
Certain matters discussed in this press release may contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995 and are made pursuant to the safe harbors of the PSLRA. Any such
forward-looking statements are subject to various risks and uncertainties and
are therefore qualified by First Bancshares, Inc.'s cautionary statements
contained in its filings with the Securities and Exchange Commission,
including, but not limited to Annual Reports on Form 10-KSB, Quarterly Reports
on Form 10-QSB and Current Reports on Form 8-K. Accordingly, these factors
should be considered in evaluating forward-looking statements, and undue
reliance should not be placed on such statements. The Company undertakes no
responsibility to update or revise any forward-looking statements.
For additional information contact Daniel P. Katzfey at (417) 926-5151.