FIRST BANCSHARES CORP is the bank holding company. FIRST BANK, UPPER MICHIGAN is the primary bank charter regulated by the FDIC. CRA exams are conducted at the charter level, not the holding company level.
Bank Holding Company
FIRST BANCSHARES CORP
Legal name: FIRST BANCSHARES CORPORATION
1 active bank · 1 merged/absorbed · $632M combined assets
RSSD ID: 1978414 (FFIEC NIC)
Combined Assets
$632M
CRA Rating Summary
Satisfactory1charter
Across all 15 exams on record for this holding company's charters, 100% resulted in Outstanding or Satisfactory.
At a Glance
Dominant CRA Rating
Satisfactory
1 of 1 bank · Meets expectations for community lending
Combined Assets
$632M
1 active bank
Financial Summary
FDIC Call ReportsAggregated from the most recent call report filings for all active charters.
Total Deposits
$532M
Net Income
$3M
ROA (avg)
1.95%
asset-weighted avg
Active Bank Charters1
Each charter is examined independently for CRA compliance.
| Charter | Location | Regulator | Assets | Ownership | Current Rating | Exam Date |
|---|---|---|---|---|---|---|
| FIRST BANK, UPPER MICHIGAN | GLADSTONE, MI | FDIC | $632M | 100.0% | Satisfactory | Nov 2024 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.