First Guaranty Bancshares, Inc. · NASDAQ:FGBI
First Guaranty Bancshares — Investor Presentation (May 2018)
25 slides from First Guaranty Bancshares's investor presentation, May 7, 2018
Slide 1: First Guaranty Bancshares, Inc.
[az] FIRST GUARANTY BANCSHARES, INC.
Slide 2: Disclosures
Disclosures n has been prepared by First Guaranty Bancshares, Inc. (“First Guaranty”) solely for informational purposes based on its own information, as well as information from public sources. This presentation has been prepared to assist interested parties in making their own evaluation of First G
Slide 3: Forward Looking Statements
Forward Looking Statements These slides and the accompanying oral presentation contain forward-looking statements, which can be identified by the use of words such as “estimate,” “project,” “believe,” “intend,” “anticipate,” “assume,” “plan,” “seek,” “expect,” “will,” “may,” “should,” “indicate,” “w
Slide 4: Forward Looking Statements (cont’d)
Forward Looking Statements (cont’d) our ability to attract and maintain deposits and our success in introducing new financial products; our ability to improve our asset quality even as we increase our commercial real estate and commercial and industrial lending; changes in interest rates generally,
Slide 5: Summary Financial Overview
Summary Financial Overview * Headquartered in Hammond, LA and originally founded in Amite, LA in 1934 * Operates 27 banking facilities located in the Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Dallas- Fort Worth-Arlington, Waco MSAs + 3/31/2018 BV / share of $15.90, YTD EPS of $0.41 a
Slide 6: Corporate Timeline
* Modern history begins in 1993 with the recapitalization of First Guaranty by a group of investors led by Marshall T. Reynolds Corporate Timeline Dollars in millions Snapshot (Then and Now) Metrics Total Assets: $158.8 $1,731.8 Net Loans: $103.5 $1,127.4 Book Value Per Share’: $3.70? $42.29 Branche
Slide 7: Historical BV/Share Growth Excluding the Impact of Stock Splits and Stock Dividends
Historical BV/Share Growth Excluding the Impact of Stock Splits and Stock Dividends (2) _ Estimated book value per share as of March 31, 1993 post-recapitalization Note: 2017 book value per share as of December 31, Source: Company filings, excludes the impact of stock splits and stock dividends
Slide 8: Cash Dividends on Common Stock
Cash Dividends on Common Stock (in Thousands) $6,000 4 5,210 $5,000 + $4,000 $3,000 | $2,000 ~ Il ill {| wall SIE ES FS FI SSS SS ee $s Ss
Slide 9: Insider Shareholder Base
Insider Shareholder Base ¢ First Guaranty has strong insider ownership * Over 48% of our shares are owned by insiders at both Bank and Holding Company * 10% common stock dividend paid in December 2017 * 8,807,175 current shares outstanding fd .
Slide 10: Branch Footprint
Branch Footprint DFW a = Dallas Love Field Southwests LSLJ — Winn dire q Walmart ® @ ° C4 ast SHAWCOR LOTTE CHEMICAL oo y
Slide 11: Premier Bancshares/Synergy Bank Acquisition
Premier Bancshares/Synergy Bank Acquisition ¢ First Guaranty completed the acquisition on June 16, 2017 ¢ Expansion into strong and rapidly growing markets ¢ SBA Lending in both Texas and Louisiana ¢ Logical extension of Northwest LA market ¢ Loan and Deposit diversification ¢ Strong growth in Texas
Slide 12: Community Involvement
Community Involvement First Guaranty is a strong contributor to the communities we serve. * Contributes over 2.0% of net earnings to the community * Contributed $412,000 to our local communities in 2017 FG B ¢ Every employee contributes at least four ie hours of community service annually Sack ¢ In
Slide 13: Loan Portfolio
Loan Portfolio $1,400 $1,200 $1,000 $800 $600 $400 $200 $0 ‘Consumer & Other, 4.896 Farmland, $1,149 $1,137 iss $949 Seaz C8, 18.7% (areal, Agricultural, 39% 17% Multifamily, 3.8% 2015 2016 2017 1a2018 70,000 + Top CRE Lending Industries | 60,282 60,000 | 54,034 Hotel / Motel | 50,000 | azsse 45,495
Slide 14: Loan Credit Quality
Loan Credit Quality 1.60% 1.51% 1.48% 0.60% 0.54% 1.40% olson ona 1.20% , 0.40% 1.00% 0.84% , 0.71% 0.80% 0.30% 0.23% 0.60% 0.20% 0.40% 7 0.10% 0.20% 0.01% 0.00% 0.00% a 2015 2016 2017 192018 2015 2016 2017 1Q2018* 1.40% 90.00% a6 80.05% 1.20% 1.12% 80.00% ape 0.86% 70.00% 62.88% 0.80% é 60.00% 50.0
Slide 15: 2018 Net Income Highlights as of 3/31/2018
2018 Net Income Highlights as of 3/31/2018 * YTD Net Income = $3,601,000 ¢ Dividends Paid to Common Shareholders =$1,409,000 * YTD Earnings Per Common Share = $0.41 ¢ Return on Average Assets: 0.84% ¢ Return on Common Shareholders’ Equity: 10.29%
Slide 16: Deposits
Deposits Noninterest- Noninterest- bearing bearing 16.1% |? 50.2 Total Deposits: $1,549.3 million * Grow non-maturity deposits * Transition public funds deposits into loans
Slide 17: Investment Portfolio & Asset/Liability
Investment Portfolio & Asset/Liability ¢ First Guaranty has been reducing the percentage of securities as a portion of total assets in recent years and concentrating on higher yielding loans ¢ Investment portfolio is positioned to efficiently fund loan growth 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0
Slide 18: Where We’re Going
Where We’re Going id Expand on additional technological solutions to allow customers more ways to bank Seek additional Merger & Acquisition opportunities to expand our footprint Expand our Main Office facilities in anticipation of our continued growth Increase our market share in newly acquired Texa
Slide 19: Where We’re Going
Where We’re Going * Continue to expand our lending force and our presence in the Lake Charles market with our new Loan Production Office * Expand our SBA lending * Expand 1-4 family residential lending to the Dallas and Bossier markets * Credit quality continues to be First Guaranty’s highest priori
Slide 20: Investing in First Guaranty
Investing in First Guaranty ¢ Double digit loan growth since 2011 * Earnings growth over 12% per year since 2014 ¢ First Guaranty has a long history of TBV growth and has been a consistent dividend payer ¢ First Guaranty has long history of creating shareholder value
Slide 21: fgb.net
fgb.net 888.375.3093 NASDAQ: FGBI finvoa
Slide 22: Appendix
Slide 23: Historical Balance Sheets
Historical Balance Sheets cath and dus fom banks Federal funde sold (Cash and cash equivalents Interes-aaring ime depart with banks ‘valabie forsale, afar vaus Held to maturty, at cost Investment secures Federal Home Loan Bank stack, at cost Loans, neg forsale bans, net of unesrnet income: ‘llowance
Slide 24: Historical Income Statements
Historical Income Statements Income Statement Interest income 56,079 58,532 67,546 18,308 Interest Expense 8,608 10,140 14,393 4548 Net interest income ATATL 48,392 53,153 13,755 Provision for Loan Losses 3,864 3,705 3,822 605 Service charges, commissions and fees 4515 4,247 4,575 1,218 Net gains on
Slide 25: Reconciliation of Non GAAP Financial Measures
Reconciliation of Non GAAP Financial Measures December ‘Tangible common equity Total stockholders’ equity $118,224 Adjustments $124,348 $143,983 Series C preferred stock 0 0 ° ° Goodwill (2,999), (2,999) (3,472) (3.472) Acquisition intangibles (2,238) (978) (3,249) (3,113) Tangible common equity $11
First Guaranty Bancshares — Investor Presentation (May 2018) on 6ix