Last updated: 19 July 2024 at 2:21pm EST

M. Ray Cole Net Worth




The estimated Net Worth of M Ray Jr Cole is at least $4.23 Million dollars as of 22 February 2021. Mr. Cole owns over 5,000 units of First Bancshares Inc Miss stock worth over $2,419,421 and over the last 18 years he sold FBMS stock worth over $705,676. In addition, he makes $1,104,360 as President, Chief Executive Officer, and Director at First Bancshares Inc Miss.

Mr. Cole FBMS stock SEC Form 4 insiders trading

M has made over 10 trades of the First Bancshares Inc Miss stock since 2006, according to the Form 4 filled with the SEC. Most recently he sold 5,000 units of FBMS stock worth $165,000 on 22 February 2021.

The largest trade he's ever made was selling 11,917 units of First Bancshares Inc Miss stock on 26 April 2017 worth over $336,774. On average, M trades about 789 units every 127 days since 2006. As of 22 February 2021 he still owns at least 77,670 units of First Bancshares Inc Miss stock.

You can see the complete history of Mr. Cole stock trades at the bottom of the page.





M. Ray Cole biography

M. Ray Cole is President, Chief Executive Officer, Director of the Company and the Bank. Mr. Cole has served as President and CEO of the Company and the Bank since 2009 and serves as the Vice Chairman of the Company’s Board of Directors. Prior to joining the Bank in September 2002, Mr. Cole was Secretary/Treasurer and Chief Financial Officer of the Headrick Companies, Inc. for eleven years. Mr. Cole began his career with The First National Bank of Commerce in New Orleans, Louisiana and held the position of Corporate Banking Officer from 1985-1988. In December of 1988, Mr. Cole joined Sunburst Bank in Laurel, Mississippi serving as Senior Lender and later as President of the Laurel office. Mr. Cole graduated from the University of Mississippi where he earned a Bachelor's and Master's Degree in Business Administration. Mr. Cole attended the Stonier Graduate School of Banking at the University of Delaware. He also served as a director of Laurel Bank prior to consolidation. Mr. Cole has served on the board of the Company for more than fifteen years and has extensive knowledge of all aspects of the Company’s business. His many years of experience in banking and his leadership in building our Company make him well qualified to serve as a director. His insight is an essential part of formulating the Company’s policies, plans and strategies.

What is the salary of M Cole?

As the President, Chief Executive Officer, and Director of First Bancshares Inc Miss, the total compensation of M Cole at First Bancshares Inc Miss is $1,104,360. There are no executives at First Bancshares Inc Miss getting paid more.



How old is M Cole?

M Cole is 58, he's been the President, Chief Executive Officer, and Director of First Bancshares Inc Miss since 2009. There are 8 older and 4 younger executives at First Bancshares Inc Miss. The oldest executive at First Bancshares Inc Miss is Charles Lightsey, 80, who is the Independent Director.

What's M Cole's mailing address?

M's mailing address filed with the SEC is P O BOX 203, , ELLISVILLE, MS, 39437.

Insiders trading at First Bancshares Inc Miss

Over the last 21 years, insiders at First Bancshares Inc Miss have traded over $1,801,440 worth of First Bancshares Inc Miss stock and bought 472,045 units worth $8,043,825 . The most active insiders traders include Jonathan A Levy, David W Bomboy, and David E Johnson. On average, First Bancshares Inc Miss executives and independent directors trade stock every 52 days with the average trade being worth of $136,468. The most recent stock trade was executed by Diana Renee Moore on 23 May 2023, trading 500 units of FBMS stock currently worth $12,725.



What does First Bancshares Inc Miss do?

the first, a national banking association ("the first") is owned by the holding company, the first bancshares, inc. incorporated on june 23, 1995, the holding company is located in hattiesburg, mississippi. the first began operating on august 5, 1996 from its home office in the oak grove community in hattiesburg. the first has aggressively expanded since its beginning with the acquisition of first national bank of wiggins in 2006, the acquisition of eight whitney bank branches in 2011, the de novo expansion into ocean springs in 2013, the acquisition of first national bank of baldwin county in 2013 and the most recent acquisition of bay bank in mobile, alabama in 2014. the bank currently has 30 offices in south mississippi, louisiana, and south alabama.



What does First Bancshares Inc Miss's logo look like?

First Bancshares Inc Miss logo

Complete history of Mr. Cole stock trades at First Bancshares Inc Miss

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
22 Feb 2021 M Ray Jr Cole
President and CEO AND CHAIRMAN
Sale 5,000 $33.00 $165,000
22 Feb 2021
77,670
30 Nov 2018 M Ray Jr Cole
President and CEO AND CHAIRMAN
Sale 5,436 $35.36 $192,217
30 Nov 2018
67,429
31 Oct 2017 M Ray Jr Cole
President and CEO AND CHAIRMAN
Buy 500 $29.00 $14,500
31 Oct 2017
65,354
26 Apr 2017 M Ray Jr Cole
President and CEO AND CHAIRMAN
Sale 11,917 $28.26 $336,774
26 Apr 2017
61,270
14 Oct 2016 M Ray Jr Cole
President and CEO AND CHAIRMAN
Buy 2,000 $17.75 $35,500
14 Oct 2016
2,000
14 Oct 2016 M Ray Jr Cole
President and CEO AND CHAIRMAN
Buy 2,000 $17.75 $35,500
14 Oct 2016
2,000
9 Jul 2012 M Ray Jr Cole
President and CEO AND CHAIRMAN
Sale 1,230 $9.50 $11,685
9 Jul 2012
17,556
1 Aug 2010 M Ray Jr Cole
President and CEO AND CHAIRMAN
Buy 976 $10.25 $10,004
1 Aug 2010
976
11 Mar 2009 M Ray Jr Cole
President and CEO AND CHAIRMAN
Buy 1,150 $7.09 $8,154
11 Mar 2009
16,706
21 Nov 2006 M Ray Jr Cole
President and CEO AND CHAIRMAN
Buy 2,122 $22.50 $47,745
21 Nov 2006
15,456


First Bancshares Inc Miss executives and stock owners

First Bancshares Inc Miss executives and other stock owners filed with the SEC include: