The First, A National Banking Association

History In 1995, a few friends got together on a back porch near Hattiesburg, MS and talked about creating a bank that would take care of people… and The First was born. Now, that dream has grown from a back porch to cities and towns all over South Mississippi, Louisiana, & South Alabama. The First is more than a bank… because it is still a group of friends building relationships and taking care of business one customer at a time! Culture The First applies the same philosophy to our employees as well as to our customers. We care about each and every one of our employees - you won’t be just another number. We may have 30 branches in three states, but that small town feeling has never left us and that is apparent in the friendly, open, and caring personalities of our employees. If you are looking for a career with a company that is as dedicated, driven, and passionate about building relationships as you are, The First is just the Career for You! Company The First is over $1 billion in assets with a history of success and plans for continued growth, making us a safe and stable company. Taking care of our employees is one of our top priorities. The First offers its employees a competitive compensation package that includes health, dental, and life insurance; a 401K plan, cafeteria plan, vacation, and paid holidays. If you are energetic and dedicated to exceptional service and sales, then The First is Just the Bank for You!
Type
Public
HQ
Hattiesburg, US
Founded
1996
Size (employees)
295 (est)
The First, A National Banking Association was founded in 1996 and is headquartered in Hattiesburg, US

The First, A National Banking Association Office Locations

The First, A National Banking Association has an office in Hattiesburg

The First, A National Banking Association Metrics

The First, A National Banking Association Financial Metrics

Revenue (2016)

$55.9 m

Revenue growth (2015-16), %

39%

Gross profit

$51.5 m

Gross profit margin (2016), %

92%

Net income (2016)

$10.1 m

Market capitalization (21-Mar-2017)

$157.1 m

Closing share price (21-Mar-2017)

$28.9

Cash (31-Dec-2016)

$62.1 m
The First, A National Banking Association's current market capitalization is $157.1 m.
The First, A National Banking Association's revenue was reported to be $55.9 m in 2016
FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$31.3 m$36.4 m$40.2 m$55.9 m

Revenue growth, %

16%11%39%

Cost of goods sold

$3.2 m$4.3 m

Gross profit

$37 m$51.5 m

Gross profit Margin, %

92%92%

EBIT

$36.6 m$39.7 m

EBIT margin, %

91%71%

Pre tax profit

$12 m$14 m

Net Income

$4.6 m$6.6 m$8.8 m$10.1 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$39.3 m$44.6 m$41.3 m$62.1 m

Accounts Receivable

$3.3 m$3.7 m$4 m$4.4 m

Inventories

PP&E

$32.1 m$34.8 m$33.6 m$34.6 m

Goodwill

$10.6 m$12.3 m$13.8 m$13.8 m

Total Assets

$940.9 m$1.1 b$1.1 b$1.3 b

Accounts Payable

$400 k$315.8 k$245.7 k$306.1 k

Additional Paid-in Capital

$42.1 m$44.4 m$44.7 m$102.6 m

Retained Earnings

$22.5 m$28 m$35.6 m$44.5 m

Total Equity

$85.1 m$96.2 m$103.4 m$154.5 m

Financial Leverage

11.1 x11.4 x11.1 x8.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$4.6 m$6.6 m$8.8 m$10.1 m

Depreciation and Amortization

$1.9 m$2.2 m$2.3 m$2.3 m

Accounts Receivable

($54.6 k)($152.3 k)($294.3 k)($404.8 k)

Inventories

Accounts Payable

($153.1 k)($109.2 k)($70.1 k)$60.3 k

Cash From Operating Activities

$18 m$7.1 m$9.7 m$9.6 m

Cash From Investing Activities

($40.9 m)($78.7 m)($56.5 m)($112.3 m)

Dividends Paid

($342.5 k)($342.5 k)($342.5 k)($452.3 k)

Cash From Financing Activities

$31.2 m$77 m$43.4 m$123.6 m

Interest Paid

$2.7 m$3.1 m$3.4 m$4.3 m

Income Taxes Paid

$980.5 k$275.1 k$4.2 m$4.7 m

The First, A National Banking Association Market Value History

The First, A National Banking Association Online Presence

The First, A National Banking Association Company Life

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