First Guaranty Bancshares, Inc. (FGBI)

First Guaranty Bancshares Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	564.21	286.46	83.22	261.93	299.61
Investment Securities	602.97	399.12	448.91	363.57	237.31
Mortgage-Backed Securities	-	5	2.61	0.59	1.24
Total Investments	602.97	404.12	451.53	364.16	238.55
Gross Loans	2,694	2,757	2,527	2,166	1,849
Allowance for Loan Losses	-34.81	-30.93	-23.52	-24.03	-24.52
Other Adjustments to Gross Loans	-	-8.77	-7.64	-6.69	-5.04
Net Loans	2,659	2,718	2,496	2,135	1,820
Property, Plant & Equipment	67.79	69.79	58.21	58.64	59.89
Goodwill	12.9	12.9	12.9	12.9	12.9
Other Intangible Assets	3.47	3.76	4.36	5.05	5.82
Accrued Interest Receivable	14.85	15.71	13	12.05	11.93
Other Real Estate Owned & Foreclosed	0.32	1.25	0.11	2.07	2.24
Other Long-Term Assets	37.54	27.61	25.94	24.64	19.18
Total Assets	3,973	3,553	3,151	2,878	2,473
Interest Bearing Deposits	3,072	2,369	2,044	1,905	1,506
Institutional Deposits	-	196.9	155	159.1	248.8
Non-Interest Bearing Deposits	404.06	442.76	524.42	532.58	411.42
Total Deposits	3,476	3,009	2,724	2,596	2,166
Short-Term Borrowings	-	60	140	-	50
Current Portion of Long-Term Debt	7.01	10.33	6.44	6.44	6.12
Accrued Interest Payable	20.44	11.81	4.29	4.48	5.29
Long-Term Debt	15.17	35.07	21.93	25.17	42.37
Federal Home Loan Bank Debt, Long-Term	135	155	-	3.21	3.37
Trust Preferred Securities	44.75	15	15	14.82	14.78
Other Long-Term Liabilities	19.06	6.84	4.91	3.62	6.25
Total Liabilities	3,718	3,303	2,916	2,654	2,294
Preferred Stock, Non-Redeemable	33.06	33.06	33.06	33.06	-
Total Preferred Equity	33.06	33.06	33.06	33.06	-
Common Stock	12.51	12.48	10.72	10.72	10.72
Additional Paid-In Capital	149.39	149.09	130.09	130.09	130.09
Retained Earnings	72.97	67.97	76.35	56.65	37.13
Comprehensive Income & Other	-12.87	-12.96	-15.23	-6.63	0.65
Total Common Equity	221.99	216.57	201.93	190.83	178.59
Shareholders' Equity	255.05	249.63	234.99	223.89	178.59
Total Liabilities & Equity	3,973	3,553	3,151	2,878	2,473
Total Debt	201.92	275.4	183.37	49.64	116.63
Net Cash (Debt)	362.54	11.06	-100.15	212.3	182.98
Net Cash Growth	3178.19%	-	-	16.03%	-
Net Cash Per Share	29.00	0.99	-9.35	19.81	17.07
Filing Date Shares Outstanding	12.5	12.5	10.72	10.72	10.72
Total Common Shares Outstanding	12.5	12.48	10.72	10.72	10.72
Book Value Per Share	17.75	17.36	18.84	17.81	16.67
Tangible Book Value	205.62	199.91	184.68	172.88	159.88
Tangible Book Value Per Share	16.44	16.02	17.23	16.13	14.92

Source: S&P Capital IQ. Banks template. Financial Sources.