Company: FGBI
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001408534-25-000070
Chunk: 4

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-08-18
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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$33,058 $12,505 $149,389 $72,965 $(12,868)$255,049 Net (loss) income— — — (6,166)— (6,166)Common Stock issued in private placement, 186,787 shares— 186 1,395 — — 1,581 Other comprehensive income— — — — 1,688 1,688 Preferred stock dividends— — — (582)— (582)Cash dividends on common stock ($0.01 per share)— — — (125)— (125)Balance March 31, 2025 (unaudited)$33,058 $12,691 $150,784 $66,092 $(11,180)$251,445 Net (loss) income— — — (7,303)— (7,303)Common Stock issued in private placement, 358,680 shares— 359 2,619 — — 2,978 Common Stock issued in subordinated debt conversion, 1,981,506 shares— 1,982 13,018 — — 15,000 Common Stock issued as payment-in-kind, 88,482 shares — 88 620 — — 708 Other comprehensive income— — — — 971 971 Preferred stock dividends— — — (582)— (582)Cash dividends on common stock ($0.01 per share)— — — (129)— (129)Balance June 30, 2025 (unaudited)$33,058 $15,120 $167,041 $58,078 $(10,209)$263,088 See Notes to Consolidated Financial Statements

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FIRST GUARANTY BANCSHARES, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) 

 Six Months Ended June 30,(in thousands)20252024Cash Flows From Operating Activities  Net (loss) income$(13,469)$9,511 Adjustments to reconcile net income to net cash provided by operating activities:  Provision for credit losses31,158 9,109 Depreciation and amortization2,189 2,181