In 1982, First Bancshares Inc. was formed as a holding company
which owns 100% of the shares of First National Bank. All First
National Bank stockholders were converted to these shares in 1983.
Presently, the overall ownership consists of a diverse mix of
shareholders that in many cases are descendants of the founding
principals or prior senior officers of the bank. Presently, there
is no concentration of ownership that would be considered a
controlling interest in the corporation.
First Bancshares, Inc. is also the sole shareholder of First
Bellevue Properties which is a subsidiary formed to hold foreclosed
bank assets and other real estate where it's best to be sheltered
from bank liability.
First National Bank is an independent, local community bank
focusing our attention on the needs of local families, businesses,
and farmers. We pride ourselves in knowing our customers by their
first name. The decision process for making for loans and other
services is managed by local officers and board of directors. First
National Bank of Bellevue received its national charter on
September 30, 1875 with headquarters located in Bellevue, Ohio.
First National Bank is the primary operating company of the
corporation and consists of a community bank with approximately
$130M of total assets with five banking offices located in
Bellevue, Sandusky, Port Clinton, Catawba Township and Put In Bay
FNB offers traditional banking products in the form of Demand
Deposit Accounts, Savings Accounts, Money Market Accounts and
various forms of Certificates of Deposit. Many loan products are
also available targeted to consumers and small business owners. The
bank's target customer base is small businesses, farmers and
consumers of residential mortgage loans and Home Equity Loans.
With the banking offices located in north central Ohio, there is
a strong influence of manufacturing and tourism businesses along
with agricultural base that is significant. Many of our employees
have a long tenure of service to the bank. With roughly 42 total
employees, 17 have been with the bank for 10 years or longer and 7
of these have 20 years or more of employment.
The management team consists of seasoned bankers and
professionals that are driven to make First National Bank a premier
financial institution by prudently managing the assets of the
company to generate appropriate profits that will provide adequate
return to investors. . Their names and biographies are included in
The board of directors is made up of local business people that
live and work in the immediate market area of the bank. They are
very familiar with the needs of the communities we serve and
understand the importance of delivering quality financial services
in a manner that fits the needs of business people and consumers.
Their names and biographies are included in this material.