FGBI on Nasdaq
First Guaranty Bancshares, Inc.
American savings institution company based in Hammond, listed on Nasdaq (FGBI).
Price unavailable
Last updated Oct 18, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Loans (including fees) | $158.6M | $190.4M |
| Deposits with other banks | $29.6M | $17.4M |
| Securities (including FHLB stock) | $25.0M | $13.9M |
| Total Interest Income | $213.3M | $221.7M |
| Demand deposits | $49.6M | $65.3M |
| Savings deposits | $4.6M | $5.2M |
| Time deposits | $61.3M | $49.2M |
| Borrowings | $10.8M | $13.6M |
| Total Interest Expense | $126.3M | $133.3M |
| Net Interest Income | $86.9M | $88.4M |
| Less: Provision for credit losses | $81.7M | $20.0M |
| Net Interest Income after Provision for Credit Losses | $5.2M | $68.4M |
| Service charges, commissions and fees | $3.3M | $3.2M |
| ATM and debit card fees | $3.0M | $3.1M |
| Net gains on sale of loans | $0 | $1.5M |
| Net (losses) gains on sale of assets | -$524.0K | $13.3M |
| Other | $2.8M | $3.6M |
| Total Noninterest Income | $8.5M | $24.7M |
| Salaries and employee benefits | $30.5M | $38.3M |
| Occupancy and equipment expense | $10.3M | $10.2M |
| Goodwill impairment | $12.9M | $0 |
| Other | $28.6M | $28.6M |
| Total Noninterest Expense | $82.2M | $77.1M |
| (Loss) Income Before Income Taxes | -$68.6M | $16.0M |
| (Benefit) Provision for income taxes | -$12.5M | $3.6M |
| Net (Loss) Income | -$56.0M | $12.4M |
| Less: Preferred stock dividends | $2.3M | $2.3M |
| Net (Loss) Income Available to Common Shareholders | -$58.4M | $10.1M |
| Earnings (in dollars per share) | -$4.17 | $0.81 |
| Cash dividends paid (in dollars per share) | $0.04 | $0.41 |
| Weighted Average Common Shares Outstanding (in shares) | 14.0M shares | 12.5M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 9 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Cash and due from banks | $845.1M | $563.8M | |||
| Federal funds sold | $551.0K | $430.0K | |||
| Cash and cash equivalents | $845.7M | $564.2M | |||
| Interest-earning time deposits with banks | $250.0K | $250.0K | |||
| Available for sale, at fair value (cost of $674,139 and $284,321, respectively) | $676.6M | $281.1M | |||
| Held to maturity, at cost and net of allowance for credit losses of $150 (estimated fair value of $268,094 and $251,458, respectively) | $322.7M | $321.6M | |||
| Investment securities | $999.3M | $602.7M | |||
| Federal Home Loan Bank stock, at cost | $10.2M | $9.7M | |||
| Loans, net of unearned income | $2.1B | $2.7B | |||
| Less: allowance for credit losses | $40.8M | $34.8M | |||
| Net loans | $2.0B | $2.7B | |||
| Premises and equipment, net | $59.6M | $67.8M | |||
| Goodwill | $0 | $12.9M | |||
| Intangible assets, net | $2.6M | $3.5M | |||
| Other real estate, net | $35.1M | $319.0K | |||
| Accrued interest receivable | $12.5M | $14.8M | |||
| Other assets | $84.1M | $37.5M | |||
| Total Assets | $4.1B | $4.0B | |||
| Noninterest-bearing demand | $414.6M | $404.1M | |||
| Interest-bearing demand | $1.2B | $1.4B | |||
| Savings | $213.9M | $234.4M | |||
| Time | $1.8B | $1.5B | |||
| Total deposits | $3.6B | $3.5B | |||
| Repurchase agreements | $7.1M | $7.0M | |||
| Accrued interest payable | $17.6M | $20.4M | |||
| Long-term advances from Federal Home Loan Bank | $135.0M | $135.0M | |||
| Senior long-term debt | $14.2M | $15.2M | |||
| Junior subordinated debentures | $29.8M | $44.7M | |||
| Other liabilities | $15.5M | $19.1M | |||
| Total Liabilities | $3.9B | $3.7B | |||
| Non-cumulative perpetual; 34,500 shares issued and outstanding, respectively | $33.1M | $33.1M | |||
| Common stock, $1 par value - 100,600,000 shares authorized; 15,793,433 and 12,504,717 shares issued and outstanding | $15.8M | $12.5M | |||
| Surplus | $170.6M | $149.4M | |||
| Retained earnings | $14.1M | $73.0M | |||
| Accumulated other comprehensive (loss) income | -$7.3M | -$12.9M | |||
| Total Shareholders' Equity | $226.2M | $221.1M | $263.1M | $251.4M | $255.0M |
| Total Liabilities and Shareholders' Equity | $4.1B | $4.0B | |||
| Available-for-sale, cost | $674.1M | $284.3M | |||
| Held to maturity, allowance for credit losses | $150.0K | $150.0K | |||
| Held-to-maturity, fair value | $268.1M | $251.5M | |||
| Preferred stock, par value (in dollars per share) | $1,000.00 | $1,000.00 | |||
| Preferred stock, shares authorized (in shares) | 100.0K shares | 100.0K shares | |||
| Preferred stock, shares issued (in shares) | 34.5K shares | 34.5K shares | |||
| Preferred stock, shares outstanding (in shares) | 34.5K shares | 34.5K shares | |||
| Common stock, par value (in dollars per share) | $1.00 | $1.00 | |||
| Common stock, shares authorized (in shares) | 100.6M shares | 100.6M shares | |||
| Common stock, shares issued (in shares) | 15.8M shares | 12.5M shares | |||
| Common stock, shares outstanding (in shares) | 15.8M shares | 12.5M shares |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and due from banks | $845.1M | $563.8M | |||||||
| Federal funds sold | $551.0K | $430.0K | |||||||
| Cash and cash equivalents | $845.7M | $564.2M | |||||||
| Interest-earning time deposits with banks | $250.0K | $250.0K | |||||||
| Available for sale, at fair value (cost of $674,139 and $284,321, respectively) | $676.6M | $281.1M | |||||||
| Held to maturity, at cost and net of allowance for credit losses of $150 (estimated fair value of $268,094 and $251,458, respectively) | $322.7M | $321.6M | |||||||
| Investment securities | $999.3M | $602.7M | |||||||
| Federal Home Loan Bank stock, at cost | $10.2M | $9.7M | |||||||
| Loans, net of unearned income | $2.1B | $2.7B | |||||||
| Less: allowance for credit losses | $40.8M | $34.8M | $30.9M | ||||||
| Net loans | $2.0B | $2.7B | |||||||
| Premises and equipment, net | $59.6M | $67.8M | |||||||
| Goodwill | $0 | $12.9M | |||||||
| Intangible assets, net | $2.6M | $3.5M | |||||||
| Other real estate, net | $35.1M | $319.0K | |||||||
| Accrued interest receivable | $12.5M | $14.8M | |||||||
| Other assets | $84.1M | $37.5M | |||||||
| Total Assets | $4.1B | $4.0B | |||||||
| Noninterest-bearing demand | $414.6M | $404.1M | |||||||
| Interest-bearing demand | $1.2B | $1.4B | |||||||
| Savings | $213.9M | $234.4M | |||||||
| Time | $1.8B | $1.5B | |||||||
| Total deposits | $3.6B | $3.5B | |||||||
| Repurchase agreements | $7.1M | $7.0M | |||||||
| Accrued interest payable | $17.6M | $20.4M | |||||||
| Long-term advances from Federal Home Loan Bank | $135.0M | $135.0M | |||||||
| Senior long-term debt | $14.2M | $15.2M | |||||||
| Junior subordinated debentures | $29.8M | $44.7M | |||||||
| Other liabilities | $15.5M | $19.1M | |||||||
| Total Liabilities | $3.9B | $3.7B | |||||||
| Non-cumulative perpetual; 34,500 shares issued and outstanding, respectively | $33.1M | $33.1M | |||||||
| Common stock, $1 par value - 100,600,000 shares authorized; 15,793,433 and 12,504,717 shares issued and outstanding | $15.8M | $12.5M | |||||||
| Surplus | $170.6M | $149.4M | |||||||
| Retained earnings | $14.1M | $73.0M | |||||||
| Accumulated other comprehensive (loss) income | -$7.3M | -$12.9M | |||||||
| Total Shareholders' Equity | $226.2M | $221.1M | $263.1M | $251.4M | $255.0M | $256.4M | $255.1M | $250.3M | $249.6M |
| Total Liabilities and Shareholders' Equity | $4.1B | $4.0B | |||||||
| Available-for-sale, cost | $674.1M | $284.3M | |||||||
| Held to maturity, allowance for credit losses | $150.0K | $150.0K | |||||||
| Held-to-maturity, fair value | $268.1M | $251.5M | |||||||
| Preferred stock, par value (in dollars per share) | $1,000.00 | $1,000.00 | |||||||
| Preferred stock, shares authorized (in shares) | 100.0K shares | 100.0K shares | |||||||
| Preferred stock, shares issued (in shares) | 34.5K shares | 34.5K shares | |||||||
| Preferred stock, shares outstanding (in shares) | 34.5K shares | 34.5K shares | |||||||
| Common stock, par value (in dollars per share) | $1.00 | $1.00 | |||||||
| Common stock, shares authorized (in shares) | 100.6M shares | 100.6M shares | |||||||
| Common stock, shares issued (in shares) | 15.8M shares | 12.5M shares | |||||||
| Common stock, shares outstanding (in shares) | 15.8M shares | 12.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | -$56.0M | $12.4M |
| Provision for credit losses | $81.7M | $20.0M |
| Goodwill impairment | $12.9M | $0 |
| Depreciation and amortization | $4.3M | $4.4M |
| Change in right of use asset | $509.0K | $276.0K |
| Amortization/Accretion of investments | -$3.1M | -$2.6M |
| Loss (gain) on sale of assets | $623.0K | -$14.5M |
| Repossessed asset write downs, gains and losses on dispositions | $433.0K | $397.0K |
| Interest expense paid-in-kind | $2.5M | $0 |
| FHLB stock dividends | -$500.0K | -$775.0K |
| Change in operating lease liabilities | -$474.0K | -$258.0K |
| Change in other assets and liabilities, net | -$51.1M | $14.3M |
| Net Cash (Used In) Provided by Operating Activities | -$8.3M | $33.7M |
| Increase in interest bearing deposits | $0 | -$250.0K |
| Proceeds from maturities, calls and sales of AFS securities | $201.4M | $169.5M |
| Funds invested in AFS securities | -$587.8M | -$365.5M |
| Proceeds from maturities and calls of HTM securities | $970.0K | $0 |
| Funds invested in HTM securities | -$970.0K | $0 |
| Proceeds from sale/redemption of Federal Home Loan Bank stock | $0 | $8.7M |
| Funds invested in Federal Home Loan Bank stock | $0 | -$4.3M |
| Net decrease in loans | $516.7M | $36.8M |
| Purchases of premises and equipment | -$1.7M | -$3.0M |
| Proceeds from sales of premises and equipment | $1.1M | $15.0M |
| Proceeds from sales of other real estate owned | $142.0K | $953.0K |
| Net Cash Provided By (Used In) Investing Activities | $129.9M | -$142.1M |
| Net increase in deposits | $156.6M | $467.2M |
| Net increase (decrease)in federal funds purchased and short-term borrowings | $110.0K | -$59.3M |
| Proceeds of long-term borrowings, net of costs | $0 | $29.7M |
| Repayment of long-term borrowings | -$1.0M | -$44.0M |
| Proceeds from issuance of common stock | $7.0M | $0 |
| Dividends paid on preferred stock | -$2.3M | -$2.3M |
| Dividends paid on common stock | -$560.0K | -$5.1M |
| Net Cash Provided By Financing Activities | $159.9M | $386.1M |
| Net Increase In Cash and Cash Equivalents | $281.5M | $277.8M |
| Acquisition of real estate in settlement of loans | $31.0M | $423.0K |
| Premises transferred to other real estate owned | $4.4M | |
| Common stock issued for stock grants | $0 | $334.0K |
| Common stock issued for debt conversion | $15.0M | $0 |
| Common stock issued for payment-in-kind | $2.5M | $0 |
| Interest on deposits and borrowed funds | $129.1M | $124.6M |
| Federal | $4.1M | $0 |
| State | $50.0K | $0 |
No quarter-by-quarter statement was filed.
Compare First Guaranty Bancshares, Inc. with another company
Leadership
Who has led First Guaranty Bancshares, Inc., and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
- Chief executive officerMichael Ray Mineer Jun 12, 2024 to Aug 1, 202412
- Chief executive officerAlton B. Lewis Jr. Jan 22, 2010 to Feb 16, 202413
- Chief executive officerMichael R. Sharp Feb 13, 2008 to Feb 9, 200914
- ChairMarshall T. Reynolds Feb 13, 2008 to Nov 15, 202215
- PresidentMichael R. Sharp Dec 22, 2009 to Jun 18, 201016
- Chief financial officerEric Dosch May 28, 2010 to now17
- Chief financial officerMichele E. Lobianco Feb 13, 2008 to Jan 22, 201018
Board members and other officers (12)
- Pres. and Chief Lending Ofc.Michael R. Sharp Apr 4, 2011 to Jul 11, 201119
- Executive Vice PresidentLoy F. Weaver Feb 14, 2008 to Feb 14, 200820
- Board memberBetsy Kent Hood Apr 24, 2026 to now21
- Board memberRobert W. Walker Apr 30, 2025 to now22
- Board memberBruce McAnally Dec 30, 2024 to now23
- Board memberMarshall T. Reynolds May 25, 2023 to now24
- Board memberVanessa R. Drew Oct 3, 2022 to Dec 21, 202325
- Board memberGary A. Simanson Jul 12, 2011 to Jul 12, 201126
- Board memberAlton B. Lewis Jr. Feb 14, 2008 to Feb 16, 202427
- Board memberEdgar R. Smith Iii. Aug 7, 2007 to now28
- General counselAmanda Wood Barnett Jan 25, 2023 to Dec 5, 202329
- General counselMichael R. Sharp Jun 18, 2010 to Jun 18, 201030
Timeline
Filings
317 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 145 major events, 98 insider forms, 18 large holders, 9 private raises, 27 other. The latest 20:
- Oct 8, 2026D EDGAR
- Oct 2, 20264 EDGAR
- Sep 18, 20264 EDGAR
- Sep 17, 20264 EDGAR
- Sep 11, 20264 EDGAR
- Sep 10, 20264 EDGAR
- Sep 10, 20268-K 8-K COMMON DIVIDEND DECLARATION EDGAR
- Sep 8, 20264 EDGAR
- Aug 31, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 14, 20264 EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 7, 20268-K EDGAR
- Aug 6, 20268-K EDGAR
- Aug 5, 20268-K EDGAR
- Jul 31, 20268-K EDGAR
- Jul 27, 20268-K EDGAR
- Jul 13, 2026D EDGAR
- Jul 1, 20264 EDGAR
The 317 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 18 such filings since October 2021, the latest 10:
- Jan 5, 2026SCHEDULE 13D/A
- Jan 5, 2026SCHEDULE 13D/A
- Jul 15, 2025SCHEDULE 13D/A
- Feb 14, 2024SC 13D/A
- Feb 14, 2024SC 13D/A
- Feb 14, 2024SC 13D/A
- Feb 14, 2024SC 13D/A
- Feb 14, 2024SC 13D/A
- Feb 14, 2024SC 13G
- Sep 1, 2023SC 13D/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Money raised
Private offerings the company reported to the SEC on Form D.
- Jun 30, 2026Raised $794,127 in a private offering of equity Form D: 1 investor so far Form D
- Apr 30, 2026Raised $4 million in a private offering of equity Form D: 4 investors so far Form D
- Mar 31, 2026Raised $1.3 million in a private offering of equity Form D: 4 investors so far Form D
- Dec 31, 2025Raised $2.4 million in a private offering of equity Form D: 4 investors so far Form D
- Sep 30, 2025Raised $1.9 million in a private offering of equity Form D: 6 investors so far Form D
- Jun 30, 2025Raised $17 million in a private offering of equity Form D: 5 investors so far Form D
- Dec 19, 2023Raised $10 million in a private offering of equity Form D: 8 investors so far Form D
- May 23, 2023Raised $10 million in a private offering of equity Form D: 17 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 41. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
7 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Nov 21, 2023 | Tommy TubervilleRepublican, Senate | Sale | $15,001 - $50,000 | +83.8% | Report |
| Jul 25, 2023 | Tommy TubervilleRepublican, Senate | Buy | $1,001 - $15,000 | −103.9% | Report |
| Jul 25, 2023 | Tommy TubervilleRepublican, Senate | Buy | $1,001 - $15,000 | −103.9% | Report |
| Jun 12, 2023 | Tommy TubervilleRepublican, Senate | Buy | $1,001 - $15,000 | −119.9% | Report |
| Jun 12, 2023 | Tommy TubervilleRepublican, Senate | Buy | $1,001 - $15,000 | −119.9% | Report |
| May 8, 2023 | Tommy TubervilleRepublican, Senate | Buy | $1,001 - $15,000 | −119.9% | Report |
| Mar 30, 2022 | Tommy TubervilleRepublican, Senate | Buy | $1,001 - $15,000 | −134.0% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARMarshall T. Reynolds, Chair
- 16SEC EDGARMichael R. Sharp, President
- 17SEC EDGAREric Dosch, Chief financial officer
- 18
- 19
- 20
- 21SEC EDGARBetsy Kent Hood, Board member
- 22SEC EDGARRobert W. Walker, Board member
- 23SEC EDGARBruce McAnally, Board member
- 24SEC EDGARMarshall T. Reynolds, Board member
- 25SEC EDGARVanessa R. Drew, Board member
- 26SEC EDGARGary A. Simanson, Board member
- 27SEC EDGARAlton B. Lewis Jr., Board member
- 28SEC EDGAREdgar R. Smith Iii., Board member
- 29SEC EDGARAmanda Wood Barnett, General counsel
- 30SEC EDGARMichael R. Sharp, General counsel