Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: First Bancshares Inc /Ms/ quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
First Bancshares Inc /Ms/ Interest Expense for the quarter ending March 31, 2024 was $34.3M, a 123% increase year-over-year.
First Bancshares Inc /Ms/ Interest Expense for the twelve months ending March 31, 2024 was $111M, a 226% increase year-over-year.
First Bancshares Inc /Ms/ annual Interest Expense for 2023 was $91.6M, a 306% increase from 2022.
First Bancshares Inc /Ms/ annual Interest Expense for 2022 was $22.6M, a 14.7% increase from 2021.
First Bancshares Inc /Ms/ annual Interest Expense for 2021 was $19.7M, a 26.2% decline from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$91.6M	+$69M	+306%	Jan 1, 2023	Dec 31, 2023	10-K	2024-02-29
2022	$22.6M	+$2.9M	+14.7%	Jan 1, 2022	Dec 31, 2022	10-K	2024-02-29
2021	$19.7M	-$6.98M	-26.2%	Jan 1, 2021	Dec 31, 2021	10-K	2024-02-29
2020	$26.7M	-$59K	-0.22%	Jan 1, 2020	Dec 31, 2020	10-K	2023-03-01
2019	$26.7M	+$11.6M	+77.1%	Jan 1, 2019	Dec 31, 2019	10-K	2022-03-11
2018	$15.1M	+$8.18M	+118%	Jan 1, 2018	Dec 31, 2018	10-K	2021-03-12
2017	$6.91M	+$2.59M	+60.1%	Jan 1, 2017	Dec 31, 2017	10-K	2020-03-16
2016	$4.32M	+$1.11M	+34.5%	Jan 1, 2016	Dec 31, 2016	10-K	2019-03-18
2015	$3.21M	+$235K	+7.89%	Jan 1, 2015	Dec 31, 2015	10-K	2018-03-16
2014	$2.97M	+$55.5K	+1.9%	Jan 1, 2014	Dec 31, 2014	10-K	2017-03-16
2013	$2.92M	-$1.22M	-29.5%	Jan 1, 2013	Dec 31, 2013	10-K	2015-03-31
2012	$4.14M	-$1.26M	-23.3%	Jan 1, 2012	Dec 31, 2012	10-K	2014-03-31
2011	$5.4M	-$1.72M	-24.2%	Jan 1, 2011	Dec 31, 2011	10-K	2013-03-28
2010	$7.12M			Jan 1, 2010	Dec 31, 2010	10-K/A	2012-03-29

* An asterisk sign (*) next to the value indicates that the value is likely invalid.