Company: FGBI
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001408534-25-000036
Chunk: 4

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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 Cash Provided By Operating Activities5,389 1,996 Cash Flows From Investing Activities  Proceeds from maturities and calls of HTM securities2 — Proceeds from maturities, calls and sales of AFS securities110,649 50,339 Funds invested in AFS securities(99,276)(4,200)Funds invested in Federal Home Loan Bank stock— — Proceeds from sale/redemption of Federal Home Loan Bank stock— 3,182 Net decrease (increase) in loans174,355 (6,153)Purchase of premises and equipment(208)(1,600)Proceeds from sales of premises and equipment4 6 Proceeds from sales of other real estate owned130 269 Net Cash Provided By Investing Activities185,656 41,843 Cash Flows From Financing Activities  Net (decrease) increase in deposits(136,794)54,782 Net increase (decrease) in federal funds purchased and short-term borrowings104 (59,463)Proceeds from long-term borrowings— — Repayment of long-term borrowings(1,008)(21,007)Proceeds from subordinated debentures— 29,700 Proceeds from issuance of common stock1,581 334 Dividends paid on preferred stock(582)(582)Dividends paid on common stock(125)(2,001)Net Cash (Used In) Provided By Financing Activities(136,824)1,763 Net Increase In Cash and Cash Equivalents54,221 45,602 Cash and Cash Equivalents at the Beginning of the Period564,208 286,455 Cash and Cash Equivalents at the End of the Period$618,429 $332,057 Noncash Activities:  Acquisition of real estate in settlement of loans$— $149 Cash Paid During The Period:  Interest on deposits and borrowed funds$33,172 $32,612 Federal income taxes$2,000 $— State income taxes$— $— 

 See Notes to the Consolidated Financial Statements.

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1. Basis of Presentation

 The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article