NASDAQ : FGBI
First Guaranty Bancshares, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 9.77 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 162.56M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 129.09M | 158.61M | 190.38M | 167.14M | 126.00M | 103.35M |
| Interest Income on Investments | 69.33M | 54.67M | 31.32M | 15.87M | 10.57M | 8.56M |
| Total Interest Income | 198.42M | 213.28M | 221.71M | 183.01M | 136.58M | 111.92M |
| Interest Paid on Deposits | 107.90M | 115.51M | 119.67M | 87.76M | 33.02M | 20.33M |
| Interest Paid on Borrowings | 9.66M | 10.83M | 13.60M | 10.54M | 3.52M | 1.97M |
| Total Interest Expense | 117.56M | 126.34M | 133.27M | 98.30M | 36.53M | 22.30M |
| Net Interest Income | 80.86M | 86.94M | 88.44M | 84.70M | 100.04M | 89.62M |
| Gain (Loss) on Sale of Assets | 17.73M | -524.00K | 13.31M | 23.00K | ||
| Gain (Loss) on Sale of Investments | 1.00K | -17.00K | 714.00K | |||
| Other Non-Interest Income | 8.29M | 9.00M | 9.95M | 10.54M | 9.25M | 9.10M |
| Total Non-Interest Income | 26.03M | 8.48M | 24.74M | 10.58M | 11.01M | 10.76M |
| Revenues Before Loan Losses | 106.89M | 95.42M | 113.18M | 95.28M | 111.05M | 100.38M |
| Provision for Loan Losses | 11.64M | 81.73M | 20.03M | 3.71M | 3.66M | 2.06M |
| Revenue | 95.25M | 13.69M | 93.14M | 91.57M | 107.39M | 98.32M |
| Salaries and Employee Benefits | 28.13M | 30.47M | 38.30M | 40.42M | 36.70M | 32.18M |
| Occupancy Expenses | 9.37M | 10.28M | 10.19M | 9.03M | 8.93M | 8.68M |
| Selling, General & Administrative | 867.00K | 829.00K | 1.64M | 2.93M | 2.75M | 2.71M |
| Other Non-Interest Expense | 31.23M | 27.77M | 27.01M | 27.30M | 22.63M | 20.30M |
| Total Non-Interest Expense | 69.59M | 69.35M | 77.14M | 79.67M | 71.00M | 63.87M |
| EBT Excluding Unusual Items | 25.66M | -55.66M | 16.01M | 11.90M | 36.39M | 34.45M |
| Pretax Income | 25.66M | -68.56M | 16.01M | 11.90M | 36.39M | 34.45M |
| Income Tax Expense | 5.08M | -12.54M | 3.56M | 2.68M | 7.51M | 7.16M |
| Net Income | 20.58M | -56.02M | 12.45M | 9.22M | 28.88M | 27.30M |
| Preferred Dividends & Other Adjustments | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 1.38M |
| Net Income to Common | 18.25M | -58.35M | 10.12M | 6.89M | 26.56M | 25.91M |
| Basic Shares Outstanding | 16.01M | 13.99M | 12.50M | 11.17M | 10.72M | 10.72M |
| Diluted Shares Outstanding | 16.01M | 13.99M | 12.50M | 11.17M | 10.72M | 10.72M |
| EPS (Basic) | 1.14 | -4.17 | 0.81 | 0.62 | 2.48 | 2.42 |
| EPS (Diluted) | 1.14 | -4.17 | 0.81 | 0.62 | 2.48 | 2.42 |
| Dividend Per Share | 0.04 | 0.04 | 0.41 | 0.64 | 0.64 | 0.60 |
| Effective Tax Rate | 19.80% | 22.23% | 22.50% | 20.63% | 20.77% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 292.77M | 845.70M | 564.21M | 286.45M | 83.22M | 261.93M |
| Investment Securities | 323.97M | 448.58M | 502.85M | 399.12M | 448.91M | 363.57M |
| Mortgage-Backed Securities | 838.30M | 550.94M | 100.12M | 5.00M | 2.61M | 586.00K |
| Total Investments | 1.16B | 999.52M | 602.97M | 404.12M | 451.53M | 364.16M |
| Gross Loans | 1.58B | 2.08B | 2.70B | 2.76B | 2.53B | 2.17B |
| Allowance for Loan Losses | -36.40M | -40.76M | -34.81M | -30.93M | -23.52M | -24.03M |
| Other Adjustments to Gross Loans | -3.94M | -6.02M | -8.30M | -8.77M | -7.64M | -6.69M |
| Net Loans | 1.54B | 2.03B | 2.66B | 2.72B | 2.50B | 2.14B |
| Property, Plant & Equipment | 61.46M | 70.69M | 79.39M | 70.09M | 58.21M | 58.64M |
| Goodwill | 12.90M | 12.90M | 12.90M | 12.90M | ||
| Other Intangible Assets | 1.40M | 2.37M | 3.06M | 3.76M | 4.36M | 5.05M |
| Accrued Interest Receivable | 12.90M | 12.46M | 14.85M | 15.71M | 13.00M | 12.05M |
| Other Real Estate Owned & Foreclosed | 27.95M | 35.08M | 319.00K | 1.25M | 113.00K | 2.07M |
| Other Long-Term Assets | 38.58M | 73.26M | 26.36M | 27.31M | 25.94M | 24.64M |
| Total Assets | 3.15B | 4.08B | 3.97B | 3.55B | 3.15B | 2.88B |
| Interest Bearing Deposits | 2.49B | 3.04B | 2.87B | 2.37B | 2.04B | 1.90B |
| Institutional Deposits | 174.71M | 201.00M | 196.90M | 155.00M | 159.10M | |
| Non-Interest Bearing Deposits | 368.33M | 414.60M | 404.06M | 442.75M | 524.41M | 532.58M |
| Total Deposits | 2.85B | 3.63B | 3.48B | 3.01B | 2.72B | 2.60B |
| Short-Term Borrowings | 60.00M | 140.00M | ||||
| Current Portion of Long-Term Debt | 7.23M | 7.12M | 7.01M | 6.30M | 6.44M | 6.44M |
| Current Portion of Leases | 1.41M | |||||
| Accrued Interest Payable | 19.73M | 17.64M | 20.44M | 11.81M | 4.29M | 4.48M |
| Long-Term Debt | 14.22M | 14.20M | 15.17M | 39.10M | 21.93M | 25.17M |
| Federal Home Loan Bank Debt, Long-Term | 135.00M | 135.00M | 155.00M | 3.21M | ||
| Long-Term Leases | 9.76M | 11.60M | 300.00K | |||
| Trust Preferred Securities | 29.85M | 29.80M | 44.74M | 15.00M | 15.00M | 14.82M |
| Other Long-Term Liabilities | 7.54M | 4.30M | 7.46M | 6.54M | 4.91M | 3.62M |
| Total Liabilities | 2.93B | 3.85B | 3.72B | 3.30B | 2.92B | 2.65B |
| Preferred Stock, Non-Redeemable | 33.06M | 33.06M | 33.06M | 33.06M | 33.06M | 33.06M |
| Total Preferred Equity | 33.06M | 33.06M | 33.06M | 33.06M | 33.06M | 33.06M |
| Common Stock | 16.64M | 15.79M | 12.51M | 12.47M | 10.72M | 10.72M |
| Additional Paid-In Capital | 177.22M | 170.62M | 149.39M | 149.09M | 130.09M | 130.09M |
| Retained Earnings | 29.95M | 14.05M | 72.97M | 67.97M | 76.35M | 56.65M |
| Comprehensive Income & Other | -37.91M | -7.31M | -12.87M | -12.96M | -15.23M | -6.63M |
| Total Common Equity | 185.89M | 193.16M | 221.99M | 216.57M | 201.93M | 190.83M |
| Shareholders' Equity | 218.94M | 226.22M | 255.05M | 249.63M | 234.99M | 223.89M |
| Total Liabilities & Equity | 3.15B | 4.08B | 3.97B | 3.55B | 3.15B | 2.88B |
| Total Debt | 51.29M | 197.29M | 213.52M | 275.70M | 183.37M | 49.63M |
| Net Cash (Debt) | 241.98M | 648.66M | 350.94M | 10.76M | -100.15M | 212.30M |
| Net Cash Per Share | 15.11 | 46.38 | 28.07 | 0.96 | -9.35 | 19.81 |
| Filing Date Shares Outstanding | 16.64M | 15.79M | 12.50M | 12.50M | 10.72M | 10.72M |
| Total Common Shares Outstanding | 16.64M | 15.79M | 12.50M | 12.48M | 10.72M | 10.72M |
| Book Value Per Share | 11.17 | 12.23 | 17.75 | 17.36 | 18.84 | 17.81 |
| Tangible Book Value | 184.49M | 190.79M | 206.03M | 199.91M | 184.68M | 172.88M |
| Tangible Book Value Per Share | 11.09 | 12.08 | 16.48 | 16.02 | 17.23 | 16.13 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -56.02M | 12.45M | 9.22M | 28.88M | 27.30M | |
| Depreciation & Amortization | 4.29M | 4.43M | 4.03M | 4.11M | 4.78M | |
| Gain (Loss) on Sale of Assets | 1.06M | -14.14M | 115.00K | -1.76M | -429.00K | |
| Gain (Loss) on Sale of Investments | -3.13M | -2.56M | 987.00K | 1.82M | -818.00K | |
| Total Asset Writedown | 12.90M | |||||
| Provision for Credit Losses | 81.73M | 20.03M | 3.71M | 3.66M | 2.06M | |
| Change in Other Net Operating Assets | -51.59M | 14.01M | 4.01M | 179.00K | -6.35M | |
| Other Operating Activities | 2.48M | -499.00K | -358.00K | -20.00K | -13.00K | |
| Operating Cash Flow | -8.28M | 33.73M | 21.71M | 36.87M | 26.52M | |
| Capital Expenditures | -1.70M | -3.04M | -14.86M | -2.64M | -2.20M | |
| Sale of Property, Plant and Equipment | 1.14M | 14.98M | 324.00K | 70.00K | 77.00K | |
| Investment in Securities | -386.38M | -196.24M | 49.07M | -100.07M | -133.51M | |
| Purchase / Sale of Intangibles | -100.00K | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 516.70M | 36.83M | -234.12M | -362.54M | -320.35M | |
| Other Investing Activities | 4.46M | -6.50M | -5.15M | 2.00M | ||
| Investing Cash Flow | 129.90M | -142.07M | -206.09M | -467.91M | -452.64M | |
| Short-Term Debt Issued | 110.00K | 140.00M | ||||
| Long-Term Debt Issued | 29.70M | 195.10M | ||||
| Total Debt Issued | 110.00K | 29.70M | 195.10M | 140.00M | ||
| Short-Term Debt Repaid | -59.29M | -80.14M | -49.68M | |||
| Long-Term Debt Repaid | -1.01M | -44.03M | -22.95M | -5.78M | -17.32M | |
| Total Debt Repaid | -1.01M | -103.32M | -103.09M | -5.78M | -67.00M | |
| Net Debt Issued (Repaid) | -898.00K | -73.62M | 92.01M | 134.22M | -67.00M | |
| Issuance of Common Stock | 7.05M | 20.00M | ||||
| Preferred Stock Issued | 33.06M | |||||
| Common Dividends Paid | -560.00K | -5.13M | -7.37M | -6.86M | -6.39M | |
| Preferred Dividends Paid | -2.33M | -2.33M | -2.33M | -2.33M | -1.38M | |
| Total Dividends Paid | -2.89M | -7.46M | -9.70M | -9.19M | -7.78M | |
| Net Increase (Decrease) in Deposit Accounts | 156.62M | 467.17M | 285.30M | 127.30M | 430.17M | |
| Financing Cash Flow | 159.88M | 386.09M | 387.61M | 252.33M | 388.45M | |
| Net Cash Flow | 281.49M | 277.75M | 203.24M | -178.71M | -37.67M | |
| Free Cash Flow | -9.98M | 30.68M | 6.86M | 34.22M | 24.32M | |
| Free Cash Flow Margin | -72.88% | 32.94% | 7.49% | 31.87% | 24.73% | |
| Free Cash Flow Per Share | -0.71 | 2.46 | 0.61 | 3.19 | 2.27 | |
| Cash Interest Paid | 129.14M | 124.64M | 90.79M | 36.73M | 23.11M | |
| Cash Income Tax Paid | 4.15M | 3.43M | 7.62M | 11.44M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 169.71M | 82.45M | 142.05M | 138.23M | 251.31M | 218.38M |
| Last Close Price | 9.59 | 5.35 | 11.26 | 10.56 | 21.20 | 17.93 |
| PE Ratio | 8.95 | 14.04 | 20.06 | 9.46 | 8.43 | |
| PS Ratio | 1.68 | 6.02 | 1.52 | 1.51 | 2.34 | 2.22 |
| PB Ratio | 0.86 | 0.36 | 0.56 | 0.55 | 1.07 | 0.97 |
| P/FCF Ratio | 4.14 | 4.63 | 20.15 | 7.34 | 8.98 | |
| P/OCF Ratio | 2.93 | 4.21 | 6.37 | 6.82 | 8.23 | |
| Debt / Equity Ratio | 0.23 | 0.87 | 0.84 | 1.10 | 0.78 | 0.22 |
| Debt / FCF Ratio | 6.96 | 40.20 | 5.36 | 2.04 | ||
| Net Debt / Equity Ratio | -1.10 | -2.87 | -1.38 | -0.04 | 0.43 | -0.95 |
| Net Debt / FCF Ratio | 65.02 | -11.44 | -1.57 | 2.93 | -8.73 | |
| Return on Equity (ROE) | 9.35% | -23.28% | 4.93% | 3.81% | 12.59% | 13.56% |
| Return on Assets (ROA) | 0.59% | -1.39% | 0.33% | 0.27% | 0.96% | 1.02% |
| Earnings Yield | 11.17% | -67.95% | 8.76% | 6.67% | 11.49% | 12.50% |
| FCF Yield | 24.13% | -12.10% | 21.60% | 4.96% | 13.62% | 11.13% |
| Dividend Yield | 0.39% | 0.77% | 3.61% | 5.78% | 2.73% | 2.94% |
| Payout Ratio | 3.51% | 59.89% | 105.20% | 31.81% | 28.49% | |
| Buyback Yield / Dilution | -20.67% | -11.87% | -11.96% | -4.18% | ||
| Total Shareholder Return | -20.25% | -11.11% | -8.35% | 1.59% | 2.73% | 2.94% |