THE FIRST, A NATIONAL BANKING ASSOCIATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN
| Measure | Date | Value |
|---|
| 2023 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2023-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $-15,915 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $-15,915 |
| Total income from all sources (including contributions) | 2023-12-31 | $-1,145 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $18,463 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $18,463 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $9,615 |
| Value of total assets at end of year | 2023-12-31 | $174,455 |
| Value of total assets at beginning of year | 2023-12-31 | $194,063 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $0 |
| Total income from rents | 2023-12-31 | $0 |
| Total interest from all sources | 2023-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $5,155 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $9,615 |
| Administrative expenses (other) incurred | 2023-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $-19,608 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $174,455 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $194,063 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $6,453 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $10,710 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $10,710 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Assets. Invements in employer securities at end of year | 2023-12-31 | $168,002 |
| Assets. Invements in employer securities at beginning of year | 2023-12-31 | $183,353 |
| Income. Dividends from common stock | 2023-12-31 | $5,155 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $18,463 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | PLITZ, WILLIAMS, LAROSA AND CO. |
| Accountancy firm EIN | 2023-12-31 | 640767134 |
| Unrealized appreciation/depreciation of real estate assets | 2023-01-01 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-01-01 | $-15,915 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $-15,915 |
| Total income from all sources (including contributions) | 2023-01-01 | $-1,145 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $18,463 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $18,463 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $9,615 |
| Value of total assets at end of year | 2023-01-01 | $174,455 |
| Value of total assets at beginning of year | 2023-01-01 | $194,063 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $0 |
| Total income from rents | 2023-01-01 | $0 |
| Total interest from all sources | 2023-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $5,155 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $9,615 |
| Administrative expenses (other) incurred | 2023-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $-19,608 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $174,455 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $194,063 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $6,453 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Assets. Invements in employer securities at end of year | 2023-01-01 | $168,002 |
| Assets. Invements in employer securities at beginning of year | 2023-01-01 | $183,353 |
| Income. Dividends from common stock | 2023-01-01 | $5,155 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $18,463 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PLITZ, WILLIAMS, LAROSA AND CO. |
| Accountancy firm EIN | 2023-01-01 | 640767134 |
| 2022 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2022-12-31 | $-37,850 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-37,850 |
| Total income from all sources (including contributions) | 2022-12-31 | $-34,361 |
| Value of total assets at end of year | 2022-12-31 | $194,063 |
| Value of total assets at beginning of year | 2022-12-31 | $228,424 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $3,489 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-34,361 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $194,063 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $228,424 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $10,710 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $7,221 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $7,221 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Assets. Invements in employer securities at end of year | 2022-12-31 | $183,353 |
| Assets. Invements in employer securities at beginning of year | 2022-12-31 | $221,203 |
| Income. Dividends from common stock | 2022-12-31 | $3,489 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2022-12-31 | 640575804 |
| Unrealized appreciation/depreciation of real estate assets | 2022-01-01 | $-37,850 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-01-01 | $0 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $-37,850 |
| Total income from all sources (including contributions) | 2022-01-01 | $-34,361 |
| Value of total assets at end of year | 2022-01-01 | $194,063 |
| Value of total assets at beginning of year | 2022-01-01 | $228,424 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $3,489 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-34,361 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $194,063 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $228,424 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $10,710 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Assets. Invements in employer securities at end of year | 2022-01-01 | $183,353 |
| Assets. Invements in employer securities at beginning of year | 2022-01-01 | $221,203 |
| Income. Dividends from common stock | 2022-01-01 | $3,489 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2022-01-01 | 640575804 |
| 2021 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $44,322 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $44,322 |
| Total income from all sources (including contributions) | 2021-12-31 | $69,562 |
| Total of all expenses incurred | 2021-12-31 | $22,345 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $22,345 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $22,000 |
| Value of total assets at end of year | 2021-12-31 | $228,424 |
| Value of total assets at beginning of year | 2021-12-31 | $181,207 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $3,240 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $47,217 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $228,424 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $181,207 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $7,221 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $4,327 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $4,327 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Assets. Invements in employer securities at end of year | 2021-12-31 | $221,203 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $176,880 |
| Contributions received in cash from employer | 2021-12-31 | $22,000 |
| Income. Dividends from common stock | 2021-12-31 | $3,240 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $22,345 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2021-12-31 | 640575804 |
| 2020 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data |
|---|
| Value of total assets at end of year | 2020-12-31 | $206,027 |
| Value of total assets at beginning of year | 2020-12-31 | $206,027 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $206,027 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $206,027 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $2,568 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $2,568 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $2,568 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Assets. Invements in employer securities at end of year | 2020-12-31 | $203,459 |
| Assets. Invements in employer securities at beginning of year | 2020-12-31 | $203,459 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2020-12-31 | 640575804 |
| 2019 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $30,186 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $30,186 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $30,186 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $30,186 |
| Total income from all sources (including contributions) | 2019-12-31 | $47,590 |
| Total income from all sources (including contributions) | 2019-12-31 | $47,590 |
| Total of all expenses incurred | 2019-12-31 | $16,151 |
| Total of all expenses incurred | 2019-12-31 | $16,151 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $16,088 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $16,088 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $16,000 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $16,000 |
| Value of total assets at end of year | 2019-12-31 | $206,027 |
| Value of total assets at end of year | 2019-12-31 | $206,027 |
| Value of total assets at beginning of year | 2019-12-31 | $174,588 |
| Value of total assets at beginning of year | 2019-12-31 | $174,588 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $63 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $63 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $1,404 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $7,000,000 |
| Value of fidelity bond cover | 2019-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Administrative expenses (other) incurred | 2019-12-31 | $63 |
| Administrative expenses (other) incurred | 2019-12-31 | $63 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $31,439 |
| Value of net income/loss | 2019-12-31 | $31,439 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $206,027 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $206,027 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $174,588 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $174,588 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $2,568 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $2,568 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $1,315 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $1,315 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $1,315 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $1,315 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $203,459 |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $203,459 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $173,273 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $173,273 |
| Contributions received in cash from employer | 2019-12-31 | $16,000 |
| Contributions received in cash from employer | 2019-12-31 | $16,000 |
| Income. Dividends from preferred stock | 2019-12-31 | $0 |
| Income. Dividends from preferred stock | 2019-12-31 | $0 |
| Income. Dividends from common stock | 2019-12-31 | $1,404 |
| Income. Dividends from common stock | 2019-12-31 | $1,404 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $16,088 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $16,088 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm name | 2019-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2019-12-31 | 640575804 |
| Accountancy firm EIN | 2019-12-31 | 640575804 |
| 2018 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-22,625 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-22,625 |
| Total income from all sources (including contributions) | 2018-12-31 | $-21,478 |
| Total of all expenses incurred | 2018-12-31 | $8 |
| Value of total assets at end of year | 2018-12-31 | $174,588 |
| Value of total assets at beginning of year | 2018-12-31 | $196,074 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $8 |
| Total interest from all sources | 2018-12-31 | $1 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $1,146 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Administrative expenses (other) incurred | 2018-12-31 | $8 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-21,486 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $174,588 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $196,074 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $1,315 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $176 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $176 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $173,273 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $195,898 |
| Income. Dividends from common stock | 2018-12-31 | $1,146 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2018-12-31 | 640575804 |
| 2017 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $38,741 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $38,741 |
| Total income from all sources (including contributions) | 2017-12-31 | $43,107 |
| Total of all expenses incurred | 2017-12-31 | $6,733 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $6,668 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $3,500 |
| Value of total assets at end of year | 2017-12-31 | $196,074 |
| Value of total assets at beginning of year | 2017-12-31 | $159,700 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $65 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $866 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Administrative expenses professional fees incurred | 2017-12-31 | $65 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $36,374 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $196,074 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $159,700 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $176 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $1,073 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $1,073 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $195,898 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $158,627 |
| Contributions received in cash from employer | 2017-12-31 | $3,500 |
| Income. Dividends from common stock | 2017-12-31 | $866 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $6,668 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2017-12-31 | 640575804 |
| 2016 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $53,987 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $53,987 |
| Total income from all sources (including contributions) | 2016-12-31 | $58,055 |
| Total of all expenses incurred | 2016-12-31 | $7,766 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $7,701 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $3,000 |
| Value of total assets at end of year | 2016-12-31 | $159,700 |
| Value of total assets at beginning of year | 2016-12-31 | $109,411 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $65 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $1,068 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Administrative expenses professional fees incurred | 2016-12-31 | $65 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $50,289 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $159,700 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $109,411 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $1,073 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $1,168 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $1,168 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $158,627 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $108,243 |
| Contributions received in cash from employer | 2016-12-31 | $3,000 |
| Income. Dividends from common stock | 2016-12-31 | $1,068 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $7,701 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
| Accountancy firm name | 2016-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2016-12-31 | 640575804 |
| 2015 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2015-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $13,371 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $13,371 |
| Total income from all sources (including contributions) | 2015-12-31 | $21,484 |
| Total of all expenses incurred | 2015-12-31 | $8,734 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $8,613 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $7,400 |
| Value of total assets at end of year | 2015-12-31 | $109,411 |
| Value of total assets at beginning of year | 2015-12-31 | $96,661 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $121 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $713 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $121 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $12,750 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $109,411 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $96,661 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $1,168 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $560 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $560 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Assets. Invements in employer securities at end of year | 2015-12-31 | $108,243 |
| Assets. Invements in employer securities at beginning of year | 2015-12-31 | $96,101 |
| Contributions received in cash from employer | 2015-12-31 | $7,400 |
| Income. Dividends from common stock | 2015-12-31 | $713 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $8,613 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2015-12-31 | 640575804 |
| 2014 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $7,908 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $7,908 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $16,574 |
| Total loss/gain on sale of assets | 2014-12-31 | $163 |
| Total of all expenses incurred | 2014-12-31 | $9,126 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $9,126 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $7,600 |
| Value of total assets at end of year | 2014-12-31 | $96,661 |
| Value of total assets at beginning of year | 2014-12-31 | $89,213 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $0 |
| Total interest from all sources | 2014-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $903 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $7,448 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $96,661 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $89,213 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $560 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $433 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $433 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Assets. Invements in employer securities at end of year | 2014-12-31 | $96,101 |
| Assets. Invements in employer securities at beginning of year | 2014-12-31 | $88,780 |
| Contributions received in cash from employer | 2014-12-31 | $7,600 |
| Income. Dividends from common stock | 2014-12-31 | $903 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $9,126 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Aggregate proceeds on sale of assets | 2014-12-31 | $9,084 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $8,921 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | T. E. LOTT & COMPANY |
| Accountancy firm EIN | 2014-12-31 | 640575804 |
| 2013 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $9,793 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $9,793 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $17,769 |
| Total loss/gain on sale of assets | 2013-12-31 | $770 |
| Total of all expenses incurred | 2013-12-31 | $7,367 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $7,302 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $6,235 |
| Value of total assets at end of year | 2013-12-31 | $89,213 |
| Value of total assets at beginning of year | 2013-12-31 | $78,811 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $65 |
| Total interest from all sources | 2013-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $906 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Administrative expenses professional fees incurred | 2013-12-31 | $65 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $443 |
| Other income not declared elsewhere | 2013-12-31 | $65 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $10,402 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $89,213 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $78,811 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $433 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $-126 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $-126 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Assets. Invements in employer securities at end of year | 2013-12-31 | $88,780 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $78,494 |
| Contributions received in cash from employer | 2013-12-31 | $6,235 |
| Income. Dividends from common stock | 2013-12-31 | $906 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $7,302 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Aggregate proceeds on sale of assets | 2013-12-31 | $7,266 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $6,496 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
| Accountancy firm name | 2013-12-31 | T. E. LOTT & COMPANY |
| Accountancy firm EIN | 2013-12-31 | 640575804 |
| 2012 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $7,281 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $7,281 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $10,040 |
| Total loss/gain on sale of assets | 2012-12-31 | $-1,247 |
| Total of all expenses incurred | 2012-12-31 | $5,178 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $5,113 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $3,035 |
| Value of total assets at end of year | 2012-12-31 | $78,811 |
| Value of total assets at beginning of year | 2012-12-31 | $73,949 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $65 |
| Total interest from all sources | 2012-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $906 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Administrative expenses professional fees incurred | 2012-12-31 | $65 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $443 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $443 |
| Other income not declared elsewhere | 2012-12-31 | $65 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $4,862 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $78,811 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $73,949 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $-126 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $1,026 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $1,026 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Assets. Invements in employer securities at end of year | 2012-12-31 | $78,494 |
| Assets. Invements in employer securities at beginning of year | 2012-12-31 | $72,480 |
| Contributions received in cash from employer | 2012-12-31 | $3,035 |
| Income. Dividends from common stock | 2012-12-31 | $906 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $5,113 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Aggregate proceeds on sale of assets | 2012-12-31 | $4,982 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $6,229 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | T. E. LOTT & COMPANY |
| Accountancy firm EIN | 2012-12-31 | 640575804 |
| 2011 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $6,474 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $6,474 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $10,849 |
| Total loss/gain on sale of assets | 2011-12-31 | $-546 |
| Total of all expenses incurred | 2011-12-31 | $4,940 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $4,890 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $3,950 |
| Value of total assets at end of year | 2011-12-31 | $73,949 |
| Value of total assets at beginning of year | 2011-12-31 | $68,040 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $50 |
| Total interest from all sources | 2011-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $921 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Administrative expenses professional fees incurred | 2011-12-31 | $50 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $443 |
| Other income not declared elsewhere | 2011-12-31 | $50 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $5,909 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $73,949 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $68,040 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $1,026 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $478 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $478 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Assets. Invements in employer securities at end of year | 2011-12-31 | $72,480 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $67,562 |
| Contributions received in cash from employer | 2011-12-31 | $3,950 |
| Income. Dividends from common stock | 2011-12-31 | $921 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $4,890 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Aggregate proceeds on sale of assets | 2011-12-31 | $4,858 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $5,404 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | T.E. LOTT & COMPANY |
| Accountancy firm EIN | 2011-12-31 | 640575804 |
| 2010 : THE FIRST BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $6,260 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $6,260 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $10,415 |
| Total loss/gain on sale of assets | 2010-12-31 | $-338 |
| Total of all expenses incurred | 2010-12-31 | $8,652 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $8,617 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $3,465 |
| Value of total assets at end of year | 2010-12-31 | $68,040 |
| Value of total assets at beginning of year | 2010-12-31 | $66,277 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $35 |
| Total interest from all sources | 2010-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $993 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $35 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $7,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Other income not declared elsewhere | 2010-12-31 | $35 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $1,763 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $68,040 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $66,277 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $478 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $77 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $77 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Assets. Invements in employer securities at end of year | 2010-12-31 | $67,562 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $66,200 |
| Contributions received in cash from employer | 2010-12-31 | $3,465 |
| Income. Dividends from common stock | 2010-12-31 | $993 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $8,617 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Aggregate proceeds on sale of assets | 2010-12-31 | $8,611 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $8,949 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | T. E. LOTT & COMPANY |
| Accountancy firm EIN | 2010-12-31 | 640575804 |
