First Guaranty Bancshares, Inc. · NASDAQ:FGBI

First Guaranty Bancshares — Q4 2023 Earnings Presentation

8 slides from First Guaranty Bancshares's earnings presentation, Feb 9, 2024

  1. Slide 1: Investor Presentation, Fourth Quarter 2023

    MARCH 2020 INVESTOR PRESENTATION Financial Data as of: Fourth Quarter 2023 NASDAQ: FGBI www.fgb.net

  2. Slide 2: Caution Regarding Forward Looking Statements

    2 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 finan

  3. Slide 3: America's Best Small Bank

    AMERICA’S BEST SMALL BANK 3 warcina row! BANK Member FDIC

  4. Slide 4: Financial Highlights

    4 FINANCIAL HIGHLIGHTS  Total assets increased YoY by 12.7% to $3.6 billion  Total loans increased YoY by 9.1% to $2.7 billion  QTD net income of $1.3 million  QTD earnings per common share of $0.06  Net interest income increased $0.6 million in 4Q compared to 3Q.  Net interest margin was stab

  5. Slide 5: Loan Portfolio

    5 LOAN PORTFOLIO Source: Company documents, as December 31, 2023  Loan growth of 9.1% YOY 32.6% growth in loan interest income YOY  Loan yield of 6.41% YTD 2023 and 6.66% for 4Q 2023 Commercial leases represent 10.4% of the loan portfolio, providing higher yields and shorter average lives than r

  6. Slide 6: Credit Summary

    6 143.76% 173.36% 122.79% 0.00% 20.00% 40.00% 60.00% 80.00% 100.00% 120.00% 140.00% 160.00% 180.00% 200.00% 2021 2022 2023 CREDIT SUMMARY Source: Company documents, as of and for the year ended December 31, 2023 ACL/NONACCRUALS HISTORICAL ASSET QUALITY 0.70% 0.47% 1.17% 0.13% 0.18% 0.17% 0.00% 0.20%

  7. Slide 7: Deposit Portfolio

    7 Demand ‐ Noninterest 14.7% Demand ‐ Interest50.7% Savings 7.3% Time Deposits 27.3% HIGHLIGHTS  Total YoY deposit growth of 10.47%  New Markets opened • Vanceburg, KY Branch opened 1/18/23 • Bridgeport, WV Branch expected by end of 1Q24 • Mideast market total deposits of approximately $51.6 milli

  8. Slide 8: Bigger | Stronger | More Profitable

    BIGGER | STRONGER | MORE PROFITABLE FIRST GUARANTY BANCSHARES, INC.

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