First Guaranty Bancshares, Inc. · NASDAQ:FGBI

First Guaranty Bancshares — Q1 2024 Earnings Presentation

8 slides from First Guaranty Bancshares's earnings presentation, Apr 29, 2024

  1. Slide 1: Financial Data as of First Quarter 2024

    Financial Data as of First Quarter 2024

  2. Slide 2: Certain Important Information: 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: First Guaranty Bancshares, Inc.

    FIRST GUARANTY BANCSHARES, INC.

  4. Slide 4: Financial Highlights

    4 FINANCIAL HIGHLIGHTS  Total assets increased YoY by 9.8% to $3.6 billion  Total loans increased YoY by 6.9% to $2.8 billion  QTD net income of $2.3 million  QTD earnings per common share of $0.14  Net interest income increased $0.9 million in 1Q compared to 4Q.  Net interest margin was incre

  5. Slide 5: Loan Portfolio

    5 LOAN PORTFOLIO Source: Company documents, as March 31, 2024  Loan growth of 6.9% YOY 23.0% growth in loan interest income YOY  Loan yield of 6.83% 1Q 2024 and 6.12% for 1Q 2023  Loan participation strategy facilitated industry concentration management and efficient use of capital Growth in SB

  6. Slide 6: Credit Summary

    6 173.36% 122.79% 109.94% 0.00% 20.00% 40.00% 60.00% 80.00% 100.00% 120.00% 140.00% 160.00% 180.00% 200.00% 2022 2023 2024 CREDIT SUMMARY Source: Company documents, as of and for the three months ended March 31, 2024 ACL/NONACCRUALS HISTORICAL ASSET QUALITY 0.47% 1.17% 1.25% 0.18% 0.17% 0.29% 0.00%

  7. Slide 7: Deposit Portfolio

    7 Demand - Noninterest 13.5% Demand - Interest 50.8% Savings 7.5% Time Deposits 28.2% HIGHLIGHTS  Total YoY deposit growth of 7.0%  New Markets opened • Bridgeport, WV Branch opened 4/17/2024 • Mideast market total deposits of approximately $69.1 million with over 1,000 deposit accounts  Long his

  8. Slide 8: First Guaranty Bancshares, Inc.

    FIRST GUARANTY BANCSHARES, INC.

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