First Guaranty Bancshares, Inc. (FGBI)

First Guaranty Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	186.43	190.38	167.14	126	103.35	90.81
Interest Income on Investments	36.83	31.32	15.87	10.57	8.56	9.88
Total Interest Income	223.26	221.71	183.01	136.58	111.92	100.68
Interest Paid on Deposits	121.25	119.67	87.76	33.02	20.33	23.27
Interest Paid on Borrowings	13.27	13.6	10.54	3.52	1.97	2.75
Total Interest Expense	134.52	133.27	98.3	36.53	22.3	26.02
Net Interest Income	88.74	88.44	84.71	100.04	89.62	74.67
Net Interest Income Growth (YoY)	5.24%	4.41%	-15.33%	11.63%	20.02%	21.06%
Gain (Loss) on Sale of Assets	13.3	13.31	0.02	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-0.02	0.71	14.79
Other Non-Interest Income	10	9.95	10.54	9.25	9.1	7.94
Total Non-Interest Income	24.79	24.74	10.58	11.01	10.76	23.78
Non-Interest Income Growth (YoY)	143.44%	133.89%	-3.92%	2.31%	-54.75%	186.54%
Revenues Before Loan Losses	113.53	113.18	95.28	111.05	100.38	98.45
Provision for Loan Losses	32.28	20.03	3.71	3.66	2.06	14.88
Revenue	81.25	93.14	91.57	107.4	98.32	83.57
Revenue Growth (YoY)	-8.51%	1.72%	-14.74%	9.23%	17.65%	28.34%
Salaries and Employee Benefits	36.85	38.3	40.42	36.7	32.18	29.6
Occupancy Expenses	10.56	10.19	9.03	8.93	8.68	7.71
Selling, General & Administrative	1.55	1.64	2.93	2.75	2.71	1.45
Other Non-Interest Expense	27.27	27.01	27.3	22.63	20.3	19.28
Total Non-Interest Expense	76.22	77.14	79.67	71.01	63.87	58.03
EBT Excluding Unusual Items	5.03	16.01	11.9	36.39	34.46	25.54
Pretax Income	5.03	16.01	11.9	36.39	34.46	25.54
Income Tax Expense	1.06	3.56	2.68	7.51	7.16	5.22
Net Income	3.97	12.45	9.22	28.88	27.3	20.32
Preferred Dividends & Other Adjustments	2.33	2.33	2.33	2.33	1.38	-
Net Income to Common	1.64	10.12	6.89	26.56	25.91	20.32
Net Income Growth	-50.73%	35.02%	-68.08%	5.81%	34.35%	42.67%
Basic Shares Outstanding	13	13	11	11	11	11
Diluted Shares Outstanding	13	13	11	11	11	11
Shares Change (YoY)	7.72%	11.96%	4.18%	-	-	0.48%
EPS (Basic)	0.13	0.81	0.62	2.48	2.42	1.90
EPS (Diluted)	0.13	0.81	0.62	2.48	2.42	1.90
EPS Growth	-73.39%	31.17%	-75.10%	2.48%	27.54%	42.00%
Dividend Per Share	0.260	0.410	0.640	0.640	0.600	0.580
Dividend Growth	-59.38%	-35.94%	-	6.67%	3.45%	7.41%
Effective Tax Rate	20.99%	22.23%	22.50%	20.63%	20.77%	20.44%

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q