BankSmart welcomes First Bancshares, Inc. as our latest Bank Acquisition SmartKit client

BankSmart welcomes First Bancshares, Inc. as our latest Bank Acquisition SmartKit clientBankSmart welcomes First Bancshares, Inc. as our latest Bank Acquisition SmartKit client.  Mountain Grove, Mo.-based First Bancshares, Inc. will acquire Colorado Springs, Colo.-based Stockmens Bank in an all-stock deal.  Under the deal, First Home Bank will be merged into Stockmens Bank.  Stockmens has $111 million in assets and First Home Bank has $223 million in assets.  First Bancshares will subsequently own a banking subsidiary operating as Stockmens Bank in Colorado, State Bank of Bartley in Nebraska and First Home Bank in Missouri.  Scott Yeoman, Chief Operating Officer at First Home Bank, observed, “We are looking forward to the help we will get from the SmartKit on the project to integrate our two banks.  We think it will help our people keep the overall project in perspective while they continue to serve our customers with the same high levels of attention as always.”.