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	502.85	399.12	448.91	363.57	237.31
Mortgage-Backed Securities	100.12	5	2.61	0.59	1.24
Total Investments	602.97	404.12	451.53	364.16	238.55
Gross Loans	2,702	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	-8.3	-8.77	-7.64	-6.69	-5.04
Net Loans	2,659	2,718	2,496	2,135	1,820
Property, Plant & Equipment	79.39	70.09	58.21	58.64	59.89
Goodwill	12.9	12.9	12.9	12.9	12.9
Other Intangible Assets	3.06	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	26.36	27.31	25.94	24.64	19.18
Total Assets	3,973	3,553	3,151	2,878	2,473
Interest Bearing Deposits	2,871	2,369	2,044	1,905	1,506
Institutional Deposits	200.98	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	11.04	6.3	6.44	6.44	6.12
Current Portion of Leases	1.41	-	-	-	-
Accrued Interest Payable	20.44	11.81	4.29	4.48	5.29
Long-Term Debt	11.14	39.1	21.93	25.17	42.37
Federal Home Loan Bank Debt, Long-Term	135	155	-	3.21	3.37
Long-Term Leases	10.23	0.3	-	-	-
Trust Preferred Securities	44.75	15	15	14.82	14.78
Other Long-Term Liabilities	7.42	6.54	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	213.56	275.7	183.37	49.64	116.63
Net Cash (Debt)	350.9	10.76	-100.15	212.3	182.98
Net Cash Growth	3161.42%	-	-	16.02%	-
Net Cash Per Share	28.07	0.96	-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	206.03	199.91	184.68	172.88	159.88
Tangible Book Value Per Share	16.48	16.02	17.23	16.13	14.92

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

SEC Filings: 10-K · 10-Q