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): January 21, 2011
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. |
| [ ] 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 8.01 Other Information
On January 27, 2011, First Bancshares, Inc. (“Company”), the holding company for First Home Savings Bank (“Bank”), announced that a verdict was entered into on January 21, 2011, against the Company and the Bank in the Circuit Court of Ozark County, Missouri, following a jury trial in a claim made by a former employee of the Bank relating to her termination from the Bank in 2007. The jury verdict was against the Bank for $182,000 in compensatory damages (lost wages) and for punitive damages in the amount of $235,000. The Bank intends to file post-trial motions including a motion for a new trial and other relief. For further information see the Company’s press release attached hereto as Exhibit 99.1, which is incorporated herein by refer ence.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
The following exhibit is being furnished herewith and this list shall constitute the exhibit index:
99.1 Press Release of First Bancshares, Inc. January 27, 2011.
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.
| FIRST BANCSHARES, INC. | |
| Date: January 27, 2011 | /s/ Ronald J. Walters |
| Ronald J. Walters | |
| Senior Vice President and Chief Financial Officer | |
| (Principal Financial and Accounting Officer) |