First Guaranty Bancshares, Inc. · NASDAQ:FGBI
First Guaranty Bancshares — Shareholder Meeting (May 2024)
43 slides from First Guaranty Bancshares's shareholder meeting presentation, May 16, 2024
Slide 1: To hear the presentation, using your phone
To hear the presentation, using your phone: Dial Conference Phone: (305) 224-1968 Enter Meeting ID: 828 8415 3925 Enter Passcode: 20230516 0
Slide 2: Chief Administrative Officer Desiree Simmons
CHIEF ADMINISTRATIVE OFFICER Desiree Simmons 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) 348-0537 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: Chairman of the Board Marshal T. Reynolds
CHAIRMAN OF THE BOARD Marshal T. Reynolds 5
Slide 7: Invocation | Tony Berner
INVOCATION | Tony Berner 6 7
Slide 8: Reflection on the Past Year
REFLECTION ON THE PAST YEAR 7
Slide 9: President & Chief Executive Officer Alton Lewis
PRESIDENT & CHIEF EXECUTIVE OFFICER Alton Lewis 8
Slide 10: Introductions
Introductions Griffith, DeLaney, Hillman & Lett, CPAs, PSC: Jonathan E. Lett Recording Secretary: Vanessa R. Drew 9 9
Slide 11: First Guaranty Bancshares' Board of Directors
First Guaranty Bancshares' Board of Directors 10
Slide 12: First Guaranty Bank Board of Directors
First Guaranty Bank Board of Directors 11
Slide 13: First Guaranty Bank Advisory Board
First Guaranty Bank Advisory Board 12
Slide 14: Designated Proxies
Designated Proxies Marshall T. Reynolds Eric J. Dosch 13 13
Slide 15: Inspectors of Election
Inspectors of Election Kristin Williams | Chairperson Diane Lanier Landa Domangue Katherine Campbell . 14
Slide 16: Inspectors of Election's Table
Inspectors of Election’s Table I. List of Shareholders of Record as of the close of business on March 25, 2024 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 15
Slide 17: 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 18: Polls are Closed
Polls are Closed 17 21
Slide 19: Minutes of 2023 Meeting
Minutes of 2023 Meeting 18
Slide 20: Chief Administrative Officer Desiree Simmons
CHIEF ADMINISTRATIVE OFFICER Desiree Simmons 19
Slide 21: First Guaranty Bancshares, Inc.
FIRST GUARANTY BANCSHARES, INC. 20 20
Slide 22: Bd sen
Bd sen
Slide 23: 22
22
Slide 24: First Guaranty Bank
FGB le FIRST GUARANTY BANK 888.375.3093 | feb.net | ¢ ina @ Xx | Member FDIC | T=} LENDER
Slide 25: Chief Financial Officer Eric Dosch
CHIEF FINANCIAL OFFICER Eric Dosch 24
Slide 26: Financial Highlights
FINANCIAL HIGHLIGHTS 2024 HIGHLIGHTS ▪ Total assets increased YoY by 9.8% to $3.6 For the Years Ended billion In $000s except for per share data 12/31/2021 12/31/2022 12/31/2023 1Q2024 ▪ Total loans increased YoY by 6.9% to $2.8 billion BALANCE SHEET Total Assets $2,878,120 $3,151,347 $3,552,772 $3,
Slide 27: Chief Lending Officer Randy Vicknair
CHIEF LENDING OFFICER Randy Vicknair 26
Slide 28: Loan Portfolio
LOAN PORTFOLIO HIGHLIGHTS LOAN PORTFOLIO COMPOSITION 03/31/24 ▪ Loan growth of 6.9% YOY ▪ 23.0% growth in loan interest income YOY Residential Real Estate ▪ Loan yield of 6.83% 1Q 2024 and 6.12% 22.5% for 1Q 2023 Non-Farm Non- ▪ Loan participation strategy facilitated Residential 41.1% industry conc
Slide 29: 2024 LEDC Community Impact Award
2024 LEDC Community Impact Award 28
Slide 30: Chief Credit Officer Colton McDaniel
CHIEF CREDIT OFFICER Colton McDaniel 29
Slide 31: Credit Summary
CREDIT SUMMARY ACL/NONACCRUALS NPAs/TOTAL ASSETS & NCOs/AVG LOANS 200.00% 1.40% 1.25% 180.00% 173.36% 1.20% 1.17% 160.00% 140.00% 1.00% 122.79% 120.00% 109.94% 0.80% 100.00% 0.60% 80.00% 0.47% 60.00% 0.40% 0.29% 40.00% 0.18% 0.17% 0.20% 20.00% 0.00% 0.00% 2022 2023 2024 2022 2023 2024 NPAs/Total Ass
Slide 32: Chief Deposit Officer Mark Ducoing
CHIEF DEPOSIT OFFICER Mark Ducoing 31
Slide 33: Deposit Portfolio
DEPOSIT PORTFOLIO HIGHLIGHTS 3/31/2024 DEPOSIT MIX ▪ Total YoY deposit growth of 7.0% Savings 7.5% ▪ New Markets opened Time Deposits • Bridgeport, WV Branch opened 4/17/2024 28.2% • Mideast market total deposits of approximately $69.1 million with over 1,000 deposit accounts ▪ Long history of ICS /
Slide 34: Mideast Area President Michael Mineer
Mideast Area President Michael Mineer 33
Slide 35: First Guaranty Mideast Market
First Guaranty Mideast Market HIGHLIGHTS ▪ Total Mideast Loans | $315,262,518 ▪ Total Mideast Including Sold Participations | $342,143,030 ▪ Bridgeport | $263,097,508 ▪ Loans | $236,216,996 ▪ Sold Participations | $26,880,512 ▪ Vanceburg | $79,045,522 ▪ Total Mideast Deposits | $78,701,789 ▪ Bridgep
Slide 36: Texas Area President Jordan Lewis
Texas Area President Jordan Lewis
Slide 37: First Guaranty Texas Market
First Guaranty Texas Market HIGHLIGHTS ▪ Loans Increased | $376.3 million ▪ Loan Portfolio Growth | 12.74% ▪ Regional profitability increase | 50.95% ▪ Record of $155+ million in new money loans 36
Slide 38: Chief Information Officer Coby Pennington
CHIEF INFORMATION OFFICER Coby Pennington 37
Slide 39: Technology Report
Technology Report DIGITAL TRANSFORMATION AND OPERATIONAL EFFICIENCIES CYBERSECURITY MEASURES CHIEF INFORMATION SECURITY OFFICER Kenny Wilson INNOVATION AND FUTURE PLANS 38
Slide 40: Final Remarks | Alton Lewis
FINAL REMARKS | Alton Lewis 39
Slide 41: 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 42: Motion to Adjourn
Motion to Adjourn 41 34
Slide 43: First Guaranty Bancshares, Inc.
FIRST GUARANTY BANCSHARES, INC. 42
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