Company: FGBI
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001408534-25-000070
Chunk: 2

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-08-18
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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14,437 13,305 34,054 Noninterest Income:  Service charges, commissions and fees834 795 1,683 1,528 ATM and debit card fees778 804 1,525 1,568 Net gains on securities— — — — Net gains on sale of loans— 10 — 10 Net gains on sale of assets— 13,207 4 13,213 Other544 710 1,298 1,515 Total Noninterest Income2,156 15,526 4,510 17,834 Noninterest Expense:  Salaries and employee benefits7,843 10,440 16,284 20,340 Occupancy and equipment expense2,605 2,547 5,245 4,818 Other6,819 7,622 13,755 14,385 Total Noninterest Expense17,267 20,609 35,284 39,543 (Loss) Income Before Income Taxes(9,481)9,354 (17,469)12,345 Less: (Benefit) provision for income taxes(2,178)2,153 (4,000)2,834 Net (Loss) Income(7,303)7,201 (13,469)9,511 Less: Preferred stock dividends582 582 1,164 1,164 Net (Loss) Income Available to Common Shareholders$(7,885)$6,619 $(14,633)$8,347 Per Common Share:   (Loss) Earnings$(0.61)$0.53 $(1.15)$0.67 Cash dividends paid$0.01 $0.16 $0.02 $0.32 Weighted Average Common Shares Outstanding12,910,785 12,504,717 12,709,905 12,497,313 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 June 30,Six Months Ended June 30,(in thousands)2025202420252024Net (Loss) Income$(7,303)$7,201 $(13,469)$9