The First Bancshares, Inc. Announces Proposed Acquisition of Beach Bancorp, Inc.
The proposed transactions will deepen The Firsts presence in the Florida panhandle, while also providing an entry into the Tampa, Florida market.
- The proposed transactions will deepen The Firsts presence in the Florida panhandle, while also providing an entry into the Tampa, Florida market.
- Upon the completion of the acquisition, Beach Bank will merge with and into The First Bank.
- In addition to strengthening our northwest Florida markets, Beach will add the Tampa metro and central Florida area to our footprint.
- Beach has a team of high performing, experienced commercial bankers who will be joining our team.