Company: FGBI
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001408534-25-000092
Chunk: 29

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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695)17,794 (12,390)51,848 Noninterest Income:  Service charges, commissions and fees832 815 2,515 2,343 ATM and debit card fees741 784 2,266 2,352 Net gains on securities— — — — Net gains on sale of loans— 1,471 — 1,481 Net (losses) gains on sale of assets(366)31 (362)13,244 Other653 1,304 1,951 2,819 Total Noninterest Income1,860 4,405 6,370 22,239 Noninterest Expense:  Salaries and employee benefits7,465 10,098 23,749 30,438 Occupancy and equipment expense2,605 2,538 7,850 7,356 Goodwill impairment12,900 — 12,900 — Other7,205 7,070 20,960 21,455 Total Noninterest Expense30,175 19,706 65,459 59,249 (Loss) Income Before Income Taxes(54,010)2,493 (71,479)14,838 Less: (Benefit) provision for income taxes(9,007)566 (13,007)3,400 Net (Loss) Income(45,003)1,927 (58,472)11,438 Less: Preferred stock dividends582 582 1,746 1,747 Net (Loss) Income Available to Common Shareholders$(45,585)$1,345 $(60,218)$9,691 Per Common Share:   (Loss) Earnings$(3.01)$0.11 $(4.45)$0.78 Cash dividends paid$0.01 $0.08 $0.03 $0.40 Weighted Average Common Shares Outstanding15,122,702 12,504,717 13,523,009 12,499,799 See Notes to Consolidated Financial Statements

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FIRST GUARANTY BANCSHARES, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited)

 Three Months Ended September 30,Nine Months Ended September 30,(in thousands)