k8_51509.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
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): May 15, 2009
 
FIRST BANCSHARES, INC.
(Exact name of registrant as specified in its charter)

Missouri
000-22842
43-1654695
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)

142 East First Street, Mountain Grove, Missouri
65711
(Address of principal executive offices)
(Zip Code)
 
 Registrant’s telephone number, including area code:  (417) 926-5151
 
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.
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act 
  (17 CFR 240.14d-2(b))
   
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
  (17 CFR 240.13e-4(c))
 
Item 8.01 Other Events.

On May 15, 2009, First Bancshares, Inc. (“Company”), the holding company for First Home Savings Bank (“Bank”), announced that the Bank had prepaid $19.0 million of advances from the Federal Home Loan Bank of Des Moines.  As a result, the Bank incurred a prepayment penalty of $1.2 million which, net of the effect of income taxes, will result in an increase of approximately $760,000, or $0.49 per diluted share, in the Company’s net loss for the fiscal year ending June 30, 2009. 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 May 15, 2009.
 

           

 
 
 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: May 15, 2009 FIRST BANCSHARES, INC.
   
   
   
   /s/Ronald J. Walters                         
  Ronald J. Walters
  Senior Vice President and Chief Financial Officer
  (Principal Financial and Accounting Officer)
 
 


 
 
 








 
 
 
 
 
 

 


 

 
 Exhibit 99.1
 
 News Release Dated May 15, 2009