 HATTIESBURG, Miss. AP _ The First Bancshares Inc. FBMS on Wednesday reported first-quarter net income of 8.3 million. The bank, based in Hattiesburg, Mississippi, said it had earnings of 44 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 47 cents per share. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share. The bank holding company posted revenue of 48.1 million in the period. Its revenue net of interest expense was 40.5 million, also missing Street forecasts. The First Bancshares shares have fallen 41 since the beginning of the year. The stock has declined 32 in the last 12 months. ___ This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on FBMS at 