First Guaranty Bancshares, Inc. · NASDAQ:FGBI
First Guaranty Bancshares — Shareholder Meeting (May 2023)
40 slides from First Guaranty Bancshares's shareholder meeting presentation, May 18, 2023
Slide 1: To hear the presentation, using your phone
To hear the presentation, using your phone: Dial Conference Phone: (312) 626-6799 Enter Meeting ID: 871 9579 2157 Enter Passcode: 20210518 0
Slide 2: Executive Assistant – Kristin Williams
EXECUTIVE ASSISTANT – Kristin Williams 1
Slide 3: Shareholder Meeting Help Line
Shareholder Meeting Help Line Need Help? Call: (813) 308-9980 Enter Access Code: 675813 2
Slide 4: Vote your proxy now
Vote your proxy now Fax proxy: (985) 345-0537 Email copy of proxy: InvestorRelations@fgb.net 3
Slide 5: Certain Important Information
CERTAIN IMPORTANT INFORMATION CAUTION REGARDING FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended with respect to the financi
Slide 6: Certain Important Information
CERTAIN IMPORTANT INFORMATION IMPORTANT INFORMATION AND WHERE TO FIND IT This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval with respect to the proposed acquisition by First Guaranty of Lone Star. No
Slide 7: Opening Remarks – Marshall T. Reynolds
OPENING REMARKS – Marshall T. Reynolds 6
Slide 8: Invocation – Tony Berner
INVOCATION – Tony Berner 7
Slide 9: Reflection on Past Year
R E F L EC T I O N O N PA S T Y EA R 8
Slide 10: President & CEO – Alton Lewis
PRESIDENT & CEO – Alton Lewis 9
Slide 11: Introductions
Introductions Griffith, DeLaney, Hillman & Lett, CPAs, PSC: Jonathan E. Lett SVP General Counsel: Amanda Wood Barnett Recording Secretary: Vanessa R. Drew 10
Slide 12: First Guaranty Bancshares' Board of Directors
First Guaranty Bancshares' Board of Directors 11
Slide 13: First Guaranty Bank Board of Directors
First Guaranty Bank Board of Directors 12
Slide 14: First Guaranty Bank Advisory Board
First Guaranty Bank Advisory Board 13
Slide 15: Designated Proxies
Designated Proxies Marshall T. Reynolds Eric J. Dosch 14 14
Slide 16: Inspectors of Election
Inspectors of Election Kristin Williams, Chairperson Diane Lanier Landa Domangue Katherine Campbell 15
Slide 17: Inspectors of Election's Table
Inspectors of Election’s Table I. List of Shareholders of Record as of the close of business on March 20, 2023 II. An Affidavit showing proof of Notice of Meeting and Proxy Statement and Form of Proxy III. The Inspectors of Election Oath of Office IV. Quorum Certificate of Inspectors of Election 16
Slide 18: Proposals on the Ballot
Proposals on the Ballot 1. To elect the Board of Directors to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualified; 2. To approve an advisory, non-binding resolution regarding our executive compensation as described in this Proxy Statement; 3.
Slide 19: Polls are Closed
Polls are Closed 21 18
Slide 20: Minutes of 2022 Meeting
Minutes of 2022 Meeting 19
Slide 21: America's Best Small Bank
AMERICA’S BEST SMALL BANK 3 YEARS IN A ROW!
Slide 22: 21
21
Slide 23: Chief Financial Officer – Eric Dosch
CHIEF FINANCIAL OFFICER – Eric Dosch 22
Slide 24: Financial Highlights
FINANCIAL HIGHLIGHTS 2023 HIGHLIGHTS For the Years Ended ▪ Total assets increased YoY by 11.3% to $3.2 billion In $000s except for per share data 12/31/2020 12/31/2021 12/31/2022 1Q2023 ▪ Total loans increased YoY by 15.4% to $2.6 billion BALANCE SHEET Total Assets $2,473,078 $2,878,120 $3,151,347 $
Slide 25: Chief Lending Officer – Randy Vicknair
CHIEF LENDING OFFICER – Randy Vicknair 24
Slide 26: Loan Portfolio
LOAN PORTFOLIO HIGHLIGHTS LOAN PORTFOLIO COMPOSITION 3/31/23 ▪ Loan growth of 15.4% YOY ▪ 36.1% growth in loan interest income YOY Residential ▪ Loan yield of 6.12% YTD 2023 Real Estate 19.6% Non-Farm Non- Residential 39.8% ▪ Commercial leases represent 11.7% of the loan portfolio, providing higher
Slide 27: USDA Lender of the Year
I asm oe = Se SS Se SS vraSiieSeiir asi ae tie a USDA Lenderofthe Year = pai Se Sb Se SS Se aS She ie Se SI Se Se ai Se a All P be jhe be a a L L Q L LC L L L L Q L h Q Q 1 ie
Slide 28: Chief Credit Officer – Matt Wise
CHIEF CREDIT OFFICER – Matt Wise 27
Slide 29: Conservative Credit Culture
CONSERVATIVE CREDIT CULTURE ACL/NONPERFORMING ASSETS NPAs/TOTAL ASSETS & NCOs/AVG LOANS 200.00% 180.00% 1.40% 158.68% 160.00% 1.20% 140.00% 128.16% 1.00% 119.95% 120.00% 0.80% 0.76% 100.00% 0.70% 80.00% 0.60% 0.47% 60.00% 0.40% 40.00% 0.18% 0.20% 0.13% 0.08% 20.00% 0.00% 0.00% 2021 2022 2023 2021 20
Slide 30: Chief Mergers & Acquisitions – Evan Singer
CHIEF MERGERS & ACQUISITIONS – Evan Singer 29
Slide 31: Conservative Credit Culture
CONSERVATIVE CREDIT CULTURE ACL/NONPERFORMING ASSETS NPAs/TOTAL ASSETS & NCOs/AVG LOANS 200.00% 180.00% 1.40% 158.68% 160.00% 1.20% 140.00% 128.16% 1.00% 119.95% 120.00% 0.80% 0.76% 100.00% 0.70% 80.00% 0.60% 0.47% 60.00% 0.40% 40.00% 0.18% 0.20% 0.13% 0.08% 20.00% 0.00% 0.00% 2021 2022 2023 2021 20
Slide 32: First Lone Star Bank
FIRST ig ser Ye LONE STAR BANK SF
Slide 33: First Guaranty Expands Footprint in TX
First Guaranty Expands Footprint in TX Copperfield Branch Gessner Branch Columbus Branch Sealy Branch 32
Slide 34: Chief Deposit Officer – Mark Ducoing
CHIEF DEPOSIT OFFICER – Mark Ducoing 33
Slide 35: Deposit Portfolio
DEPOSIT PORTFOLIO HIGHLIGHTS 3/31/2023 DEPOSIT MIX ▪ Total YTD deposit growth of 5.10%. Total YOY deposit growth of 9.10% Savings 7.2% ▪ Growth in Consumer, Business and Public Fund categories • YTD growth in all markets. LA +3.9%, Time Deposits 21.2% TX+10.9%, Mideast +257% Demand - Interest 53.5%
Slide 36: Chief Administrative Officer – Desiree Simmons
CHIEF ADMINISTRATIVE OFFICER – Desiree Simmons 35
Slide 37: Results
RESULTS CREDIT AWARE (10/2021) AUTOBOOKS (9/2022) ▪ 1012 impressions ▪ 4,412 mailers ▪ 11% engagement ▪ 11% response rate ▪ Over 5,800 users ▪ 479 new enrollments CREDIT CARD (10/2022) RETAIL ONBOARDING (07/2022) ▪ 1,687 mailers ▪ 2,857 households reached ▪ 13.22% response rate ▪ 16,326 letters mail
Slide 38: Report of Election Results
Report of Election Results 1. To elect the Board of Directors to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualified; 2. To approve an advisory, non-binding resolution regarding our executive compensation as described in this Proxy Statement;
Slide 39: Motion to Adjourn
Motion to Adjourn 3834
Slide 40: First Guaranty Bancshares, Inc. Bigger | Stronger | More Profitable
FIRST GUARANTY BANCSHARES, INC. BIGGER | STRONGER | MORE PROFITABLE 39
First Guaranty Bancshares — Shareholder Meeting (May 2023) on 6ix