First Guaranty Bancshares, Inc. · NASDAQ:FGBI
First Guaranty Bancshares — Investor Presentation (April 2018)
24 slides from First Guaranty Bancshares's investor presentation, Apr 27, 2018
Slide 1: First Guaranty Bancshares, Inc.
FIRST GUARANTY BANCSHARES, INC.
Slide 2: 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 3: Modern history and corporate timeline
* Modern history begins in 1993 with the recapitalization of First Guaranty by a group of investors led by Marshall T. Reynolds 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 Branches 6 27 Corporate Ti
Slide 4: Historical BV/Share Growth Excluding 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 5: Cash Dividends on Common Stock
Cash Dividends on Common Stock (in Thousands) $6,000 » 5,210 $5,000 | $4,000 $3,000 | $2,000 + $1,000 | II WU mt oo he . SP Ss SPSS LS $ Ss FF Fg gh gF gg? g? go oS Ss Sg SH KESSEL S PP PT HT HH” HY HP Source: Company fin
Slide 6: 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 ed
Slide 7: Branch Footprint
Branch Footprint DFW Dallas Love Field Southwests (on) LSU — Winn dire q Walmart Gl y xy . C me SHAWCOR LOTTE CHEMICAL ow y
Slide 8: 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 9: 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 Sach ¢ In
Slide 10: Products & Services
Products & Services Online & Mobile Banking Consumer Loans & Mortgages Checking & Savings Accounts Commercial Loans Agricultural Loans
Slide 11: 2018 Highlights
2018 Highlights ¢ Improve our Asset Quality ¢ Expand our presence in — Lake Charles market with our new Loan Production Office — Ponchatoula market with our Bedico ATM ¢ Break ground & begin construction on two new facilities — FGB Center — New Amite Center
Slide 12: 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% Source: Company filings
Slide 13: Loan Portfolio
Loan Portfolio Consumer & sua one <a Farmland, $1,200 2.2% 949 $1,000 $ \ $842 | || / 1-4 Family, $800 Agricultural, \ 13.9% D> _—- Multifamily, $600 3.8% $400 $200 $0 i 2015 2016 Total Gross Loans: Yield on Loa 76.0% + Top CRE Lending Industries 73.4% 74.0% 71.6% Hotel / Motel 72.0% Retail 08 68.0%
Slide 14: First Guaranty Loan Portfolio Credit Quality
First Guaranty Loan Portfolio Credit Quality 1.60% 1.51% 1.48% 0.60% 0.54% 1.40% sO 0.40% 1.20% , 0.40% 1.00% 0.84% , 0.71% 0.80% 0.30% 0.23% 0.60% t30% 0.40% ) 0.10% 0.20% 0.01% 0.00% 0.00% — 2015 2016 2017 192018 2015 2016 2017 1Q2018* 1.40% 90.00% 80.05% 1.20% 1.12% peed 80.00% 1.00% ase 70.00% 6
Slide 15: Deposits
Deposits Noninterest- Noninterest- bearing bearing | __ > a Interest- bearing * Grow non-maturity deposits * Transition public funds deposits into loans a ——
Slide 16: 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 17: Where We're Going
Where We’re Going ae 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 18: 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 19: 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 20: fgb.net
fgb.net 888.375.3093 NASDAQ: FGBI finvea
Slide 21: Appendix
Slide 22: Historical Balance Sheets
Historical Balance Sheets Asets cath and dus fom banks Federal funds sold (Cash and cash equivalents Interes-earing time depart witn banks Avalable forsale tf Held to matty, at cost Investment secures Federal Home Loan Bank stack, st cost Loans, ned forsale Loans, net af unearnaincome ‘lowance forlo
Slide 23: 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 aT,ATL 48,392 53,153 13,755 Provision for Loan Losses 3864 3,705 3,822 605 Service charges, commissions and fees 4515 4,247 4,575 1,218 Net gains on
Slide 24: Reconciliation of Non GAAP Financial Measures
Reconciliation of Non GAAP Financial Measures ‘Tangible common equity Total stockholders’ equity $118,224 $124,348 $143,983 $140,003 Adjustments Series C preferred stock ) ° ° o Goodwill (2,999), (2,999) (3.472) (3,472), Acquisition intangibles (2,238) (978) (3,249) (3,113) Tangible common equity $1
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