The First Bancshares, Inc. and Heritage Southeast Bancorporation, Inc. Announce Receipt of Regulatory Approvals for Merger

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Dec 12, 2022

The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or “the Company”), parent company of The First Bank (“The First”) and Heritage Southeast Bancorporation, Inc. (OTCQX: HSBI) (“HSBI”), parent company of Heritage Southeast Bank, announced today that First Bancshares has received regulatory approval from the Board of Governors of the Federal Reserve System to complete its previously announced merger with Heritage pursuant to the Agreement and Plan of Merger, dated July 27, 2022, by and between First Bancshares and Heritage. First Bancshares has also received a non-objection letter from the Mississippi Department of Banking and Consumer Finance in connection with the transaction.