First Guaranty Bancshares, Inc. · NASDAQ:FGBI

First Guaranty Bancshares — Investor Presentation (February 2022)

27 slides from First Guaranty Bancshares's investor presentation, Feb 2, 2022

  1. Slide 1: Investor Presentation - Fourth Quarter 2021

    MARCH 2020 DISCUSSION MATERIALS ST RI CT LY C ON FI DE NT IA L Materials Prepared For: [BANK NAME] Financial Institutions Group INVESTOR PRESENTATION Financial Data as of: Fourth Quarter 2021 NASDAQ: FGBI www.fgb.net

  2. Slide 2: Certain Important Information

    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: Corporate Overview

    CORPORATE OVERVIEW

  4. Slide 4: IKK «

    IKK « AMERICA’S BEST es

  5. Slide 5: Experienced Leadership

    5 EXPERIENCED LEADERSHIP Chief Executive Officer & President  Chief Executive Officer and President of First Guaranty Bancshares, Inc. since October 2009  Chief Executive Officer of First Guaranty Bank since October 2009  President of First Guaranty Bank since January 2013  Vice Chairman of Firs

  6. Slide 6: Experienced Leadership

    6 Evan Singer SVP & Chief Mergers & Acquisitions Officer  Joined FGBI in 2008  Background in Commercial Lending, Purchasing & Facilities, BSA/Fraud, Special Assets, and Mergers & Acquisitions  Earned his Bachelor’s degree from Marshall University  2011 graduate from The Graduate School of Bankin

  7. Slide 7: Board of Directors

    7 BOARD OF DIRECTORS Source: Company documents MARSHALL T. REYNOLDS Chairman of the Board of Directors  Chairman of the Board, Champion Industries WILLIAM K. HOOD  President, Hood Automotive Group ALTON B. LEWIS JR.  Bio on Experienced Leadership Slide JACK ROSSI  CPA, Consultant EDGAR R. SMITH

  8. Slide 8: First Guaranty Bancshares, Inc. 2021 YTD at a Glance

    8 FIRST GUARANTY BANCSHARES, INC. ¹Non-GAAP measure. See “Certain Important Information – Non-GAAP Financial Measures” on slide 2 and “Non-GAAP Reconciliation” on slide 25 for additional information Note: Market data as of January 25, 2022; Financial information as of and for the year ended December

  9. Slide 9: Growing Stockholder Value

    9 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 19 93 19 94 19 95 19 96 19 97 19 98 19 99 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 20 13 20 14 20 15 20 16 20 17 20 18 20 19 20 20 20 21 GROWING STOCKHOLDER VALUE Source: Company documents, as of December 31,

  10. Slide 10: Growth Milestones

    10 Year Milestone 1934 First Guaranty Bank is founded in Amite, LA 1993 Investor group led by Marshall Reynolds invests $3.6M as part of recapitalization 1999 Acquisition of Bank One of Louisiana Acquisition of First Southwest Bank 2001 Acquisition of Woodlands Bancorp, Inc. 2007 Acquisition of Home

  11. Slide 11: Book Value Growth Per One 1993 Share

    11 BOOK VALUE GROWTH PER ONE 1993 SHARE1 (PER COMMON SHARE) $57.35 $0 $10 $20 $30 $40 $50 $60 $70 19 93 19 94 19 95 19 96 19 97 19 98 19 99 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 20 13 20 14 20 15 20 16 20 17 20 18 20 19 20 20 20 21 Source: Company documents 1

  12. Slide 12: Embracing New Technologies

    12 EMBRACING NEW TECHNOLOGIES CardSwap Personal Financial Manager ClickSwitch Biller Direct Autobooks Credit Aware Q2 is a leading software provider that has transformed our customers’ digital financial experience. Our Online Banking platform is so much more than just Online Banking, below are some

  13. Slide 13: Bank Footprint

    13 BANK FOOTPRINT Source: S&P Capital IQ Pro

  14. Slide 14: FGB Goes to the Mideast

    14  Activity as of 12/31/21 • $64.5 million in loans booked  KY $31 million  WV $33 million  Current Activity for 2022 • $81 million in loans  Approved $38 million  In Process $43 million FGB GOES TO THE MIDEAST OH KY WV • 2 offices (DPO and LPO) WV, KY • 12 team members

  15. Slide 15: Financial Highlights

    FINANCIAL HIGHLIGHTS

  16. Slide 16: 2021 Highlights

    16 FINANCIAL HIGHLIGHTS  Total assets increased by 16.4% to $2.9 billion  Total loans increased by 17.1% to $2.2 billion  YTD net income of $27.3 million  YTD earnings per common share of $2.42  Return on average assets of 1.05% for 4Q 2021  Return on average common equity of 15.51% for 4Q 202

  17. Slide 17: Financial Trends

    17 FINANCIAL TRENDS Source: Company documents, as of December 31, 2021 TOTAL ASSETS ($M) TOTAL GROSS LOANS ($M) TOTAL DEPOSITS ($M) LOAN / DEPOSIT RATIO (%)

  18. Slide 18: Earnings Power

    18 EARNINGS POWER ¹Non-GAAP measure. See “Certain Important Information – Non-GAAP Financial Measures” on slide 2 and “Non-GAAP Reconciliation” on slide 25 for additional information Source: Company documents, for the year ended December 31, 2021 RETURN ON AVERAGE TANGIBLE COMMON EQUITY(1) (%) NET I

  19. Slide 19: Earnings Power

    19 EARNINGS POWER NET INTEREST INCOME ($000) INTEREST EXPENSE ($000) Source: Company documents, for the year ended December 31, 2021 LOAN INTEREST INCOME ($000)

  20. Slide 20: Loan Portfolio

    20 ($000s) 2016Y 2017Y 2018Y 2019Y 2020Y 2021Y Commercial & Industrial 193,969$ 230,638$ 200,877$ 268,256$ 353,028$ 390,405$ Non‐Farm Non‐Residential 417,014 530,293 586,263 616,536 824,137 886,407 Residential Real Estate 147,661 175,573 215,678 313,608 317,168 354,195 Consumer & Other 63,011 55,185

  21. Slide 21: Conservative Credit Culture

    21 CONSERVATIVE CREDIT CULTURE Source: Company documents, as of and for the year ended December 31, 2021 ALLL/NONPERFORMING ASSETS HISTORICAL ASSET QUALITY NPAs/ TOTAL ASSETS & NCOs/LOANS 1.48% 0.84% 0.55% 1.04% 1.25% 0.70% 0.23% 0.54% ‐0.02% 0.36% 0.08% 0.13% ‐0.50% 0.00% 0.50% 1.00% 1.50% 2.00% 2.

  22. Slide 22: Deposit Portfolio

    22 HIGHLIGHTS  Weighted average rate is 0.8% YTD 2021 compared to 1.1% YTD 2020  Noninterest-bearing deposits increased by $121.2 million to $532.6 million at 12/31/21, representing 20.5% of total deposits  Total time deposits decreased from 33.5% of total deposits at year end 2020 to 22.6% of to

  23. Slide 23: Bigger | Stronger | More Profitable

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

  24. Slide 24: Appendix

    APPENDIX

  25. Slide 25: Non-GAAP Reconciliation

    25 NON-GAAP RECONCILIATION Source: Company documents Tangible common equity, tangible assets, and tangible book value per share are non-GAAP financial measures calculated using GAAP amounts. Tangible common equity is calculated by excluding the balance of goodwill and the core deposit intangible fro

  26. Slide 26: Non-GAAP Reconciliation

    26 NON-GAAP RECONCILIATION Source: Company documents (1) Dollars in thousands 2017 2018 2019 2020 2021 Average common equity $136,817 $142,373 $158,400 $178,905 $184,308 LESS: Average intangibles 5,340 6,445 8,029 19,217 18,340 Average tangible common equity (non‐GAAP) $131,477 $135,928 $150,371 $15

  27. Slide 27: fgb.net

    bd fgb.net 888.375.3093 NASDAQ; FGBI

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