{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000005","form_type":"8-K","ticker":null,"cik":"0000947559","company_name":"FIRST BANCSHARES INC /MS/","filed_at":"2023-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.684567+00:00","generated_at":"2026-06-20T21:16:18.786167+00:00","sec_items":["2.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"First Bancshares completes Heritage Southeast acquisition; issues ~6.92M shares, $7.9B assets","bullets":["Acquisition effective Jan 1, 2023; HSBI shareholders receive 0.965 FBMS shares per HSBI share.","FBMS issued up to ~6.92 million shares of common stock to complete the merger.","Combined entity: $7.9B total assets, $6.9B deposits, $5.0B loans.","The First Bank now operates 114 locations across MS, LA, AL, FL, and GA.","Heritage Southeast Bank merged into The First Bank as surviving bank; both management teams combined."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000005","json":"https://secwatch.observer/filing/0001157523-23-000005.json","markdown":"https://secwatch.observer/filing/0001157523-23-000005.md","text":"https://secwatch.observer/filing/0001157523-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/947559/000115752323000005/0001157523-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/947559/000115752323000005/a53155887.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T21:16:18.786167+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4a25bee85f9bf43cdd4c276d564065d6753d4172","claim":"FIRST BANCSHARES INC /MS/ completed an acquisition involving Heritage Southeast Bancorporation, Inc. (closed 2023-01-01).","evidence_excerpt":"Effective January 1, 2023, The First Bancshares, Inc., a Mississippi corporation (the “Company”) completed its previously announced merger (the “Merger”) with Heritage Southeast Bancorporation, Inc., a Georgia corporation (“HSBI”) pursuant to that certain Agreement and Plan of Merger by and between FBMS and HSBI, dated as July 27, 2022 (the “Merger Agreement”).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/947559/000115752323000005/0001157523-23-000005-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Heritage Southeast Bancorporation, Inc."},{"label":"Closing","value":"2023-01-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}