Company: FGBI
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001408534-25-000015
Chunk: 76

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 2
Chunk 76
---
Item 2 - Properties

First Guaranty does not directly own any real estate, but it does own real estate indirectly through the Bank. The Bank operates 35 banking facilities. The following table sets forth certain information relating to each office. The net book value of premises and equipment at all branch locations, including the raw land of branches under development, at December 31, 2024 totaled $67.8 million. We believe that our properties are adequate for our business operations as they are currently being conducted.

LocationUse of FacilitiesYear FacilityOpened or AcquiredOwned/LeasedFirst Guaranty Square400 East Thomas StreetHammond, LA  70401First Guaranty Bank's Main Office1975Owned2111 West Thomas StreetHammond, LA  70401Guaranty West Banking Center1974Owned455 West Railroad AvenueIndependence, LA  70443Independence Banking Center1979Owned301 Avenue FKentwood, LA  70444Kentwood Banking Center1975Owned189 Burt BlvdBenton, LA  71006Benton Banking Center2010Owned126 South Hwy. 1Oil City, LA  71061Oil City Banking Center1999Owned401 North 2nd StreetHomer, LA  71040Homer Main Banking Center1999Owned10065 Hwy 79Haynesville, LA  71038Haynesville Banking Center1999Owned117 East Hico StreetDubach, LA 71235Dubach Banking Center1999Owned102 East Louisiana AvenueVivian, LA  71082Vivian Banking Center1999Owned500 North Cary AvenueJennings, LA  70546Jennings Banking Center1999Owned799 West Summers DriveAbbeville, LA  70510Abbeville Banking Center1999Owned2231 S. Range AvenueDenham Springs, LA 70726Denham Springs Banking Center2005Owned500 West Pine StreetPonchatoula, LA  70454Ponchatoula Banking Center2016Owned29815 Walker Rd SWalker, LA 70785Walker Banking Center2007Owned6151 Hwy 10Greensburg, LA 70441Greensburg Banking Center2011Owned35651 Hwy 16Montpelier, LA 70422Montpelier Banking Center2011Owned33818 Hwy 16Denham Springs, LA 70706Watson Banking Center2011Owned8951 Synergy Dr. #100McKinney, TX 75070