Company: FGBI
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001408534-25-000015
Chunk: 120

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 7
Chunk 120
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,006 $11,896 $36,390 $34,455 $25,537 Net income$12,448 $9,219 $28,884 $27,297 $20,318 Net income available to common shareholders$10,119 $6,890 $26,556 $25,913 $20,318 Per Common Share Data:Net earnings$0.81 $0.62 $2.48 $2.42 $1.90 Cash dividends paid$0.41 $0.64 $0.64 $0.60 $0.58 Book value$17.75 $17.36 $18.84 $17.81 $16.66 Tangible book value (4)$16.48 $16.03 $17.23 $16.13 $14.92 Dividend payout ratio for Common and Preferred59.90 %105.20 %31.81 %28.49 %30.68 %Weighted average number of shares outstanding12,501,035 11,165,303 10,716,796 10,716,796 10,716,796 Number of shares outstanding12,504,717 12,475,424 10,716,796 10,716,796 10,716,796 Asset Quality Ratios:Non-performing assets to total assets3.03 %1.17 %0.47 %0.70 %1.25 %Non-performing assets to total loans4.47 %1.52 %0.59 %0.93 %1.68 %Non-performing loans to total loans4.46 %1.47 %0.58 %0.83 %1.55 %Loan loss reserve to non-performing assets28.92 %74.12 %158.68 %119.95 %79.33 %Net charge-offs to average loans0.64 %0.17 %0.18 %0.13 %0.08 %Provision for credit losses to average loans0.72 %0.14 %0.16 %0.10 %0.89 %Allowance for credit losses to total loans1.29