First Guaranty Bancshares, Inc. · NASDAQ:FGBI
First Guaranty Bancshares — Investor Presentation (December 2021)
24 slides from First Guaranty Bancshares's investor presentation, Dec 1, 2021
Slide 1: Investor Presentation – Third 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: Third Quarter 2021 NASDAQ: FGBI www.fgb.net
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
Slide 3: Corporate Overview
CORPORATE OVERVIEW
Slide 4: First Guaranty Bancshares, Inc. – 2021 YTD at a Glance
4 FIRST GUARANTY BANCSHARES, INC. ¹Non-GAAP measure. See “Certain Important Information – Non-GAAP Financial Measures” on slide 2 and “Non-GAAP Reconciliation” on slide 22 for additional information Note: Market data as of November 28, 2021; Financial information as of and for the nine months ended
Slide 5: Investment Highlights
5 INVESTMENT HIGHLIGHTS Note: Financial information as of September 30, 2021 Source: Company documents $269.8 million in cash equivalents Net charge-offs / average loans of 0.07% 2021YTD; average of 0.44% from 1993 to 2020 Significant reduction in loan deferrals related to the pandemic over th
Slide 6: Experienced Leadership
6 EXPERIENCED LEADERSHIP Alton B. Lewis Jr. Eric J. Dosch 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 Jan
Slide 7: Experienced Leadership
7 Evan Singer SVP & Chief Mergers & Acquisitions Officer Joined FGBI in 2008 Background in Commercial Lending, Purchasing & Facilities, BSA/Fraud and Special Assets Earned his Bachelor’s degree from Marshall University 2011 graduate from The Graduate School of Banking at LSU EXPERIENCED LEAD
Slide 8: Board of Directors
8 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
Slide 9: Growing Stockholder Value
9 $0.00 $3.00 $6.00 $9.00 $12.00 $15.00 $18.00 $21.00 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 ($ 00 0) Total Dividend TBV per Share GROWING STOCKHOLDER VALUE ¹Non-GAAP measure. See “Certain Important Information – Non-GAAP Financial Measures” on slide 2 and “Non-GAAP Reconciliation” on s
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 First Southwest Bank 2001 Acquisition of Woodlands Bancorp, Inc. 2007 Acquisition of Homestead Bancorp, Inc.; First Guaranty B
Slide 11: Branch Footprint
11 BRANCH FOOTPRINT Source: S&P Capital IQ Pro
Slide 12: Key Markets
12 KEY MARKETS Source: S&P Capital IQ Pro, Forbes, Wall Street Journal, Louisiana State University, Barksdale Air Force, Southeastern Louisiana University, Shreveport Business Bureau Hammond MSA Baton Rouge MSA Shreveport MSA Dallas MSA Major transportation hub Distribution hub for Wal-Mart and
Slide 13: Recent Acquisitive Success
13 RECENT ACQUISITIVE SUCCESS ¹Financial data obtained from FGBI Form 10-K for the year ended December 31, 2018 2Financial data obtained from FGBI Form 10-K for the year ended December 31, 2020 Source: S&P Capital IQ Pro PREMIER BANCSHARES(1) UNION BANCSHARES(2) HEADQUARTERS Dallas, TX Marksville, L
Slide 14: Business Highlights
BUSINESS HIGHLIGHTS
Slide 15: Financial Highlights
15 FINANCIAL HIGHLIGHTS Total assets increased by 14.2% to $2.8 billion Total loans increased by 12.4% to $2.1 billion Net income of $7.8 million Earnings per common share of $0.74 Return on average assets of 1.03% Return on average common equity of 15.36% Allowance for loan losses tot
Slide 16: Financial Trends
16 $949 $1,149 $1,225 $1,525 $1,844 $2,073 $0 $500 $1,000 $1,500 $2,000 $2,500 2016Y 2017Y 2018Y 2019Y 2020Y 2021YTD $1,501 $1,750 $1,817 $2,117 $2,473 $2,825 $0 $600 $1,200 $1,800 $2,400 $3,000 2016Y 2017Y 2018Y 2019Y 2020Y 2021YTD FINANCIAL TRENDS Source: Company documents YTD as of September 30,
Slide 17: Earnings Power
17 3.39% 3.33% 3.41% 3.41% 3.35% 3.37% 2.50% 2.75% 3.00% 3.25% 3.50% 3.75% 2016Y 2017Y 2018Y 2019Y 2020Y 2021YTD 0.97% 0.71% 0.82% 0.76% 0.87% 0.92% 0.00% 0.25% 0.50% 0.75% 1.00% 2016Y 2017Y 2018Y 2019Y 2020Y 2021YTD EARNINGS POWER ¹Non-GAAP measure. See “Certain Important Information – Non-GAAP Fin
Slide 18: Loan Portfolio
18 Commercial & Industrial 16.5% Non-Farm Non- Residential 40.9% Residential Real Estate 18.7% Consumer & Other 12.9% Agriculture & Farm 3.1% C&D 7.9% LOAN PORTFOLIO Source: Company documents YTD as of September 30, 2021 Loan yield of 5.06% YTD 2021 Loan growth of 12.4% during 2021 SBA/USDA le
Slide 19: Conservative Credit Culture
19 1.48% 0.84% 0.55% 1.04% 1.25% 0.81% 0.23% 0.54% -0.02% 0.36% 0.08% 0.07% -0.50% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 2016 2017 2018 2019 2020 2021YTD NPAs/ASSETS NCOs / AVERAGE LOANS Real Estate 79.1% Commercial & Consumer 20.9% CONSERVATIVE CREDIT CULTURE Source: Company documen
Slide 20: Deposit Portfolio
20 HIGHLIGHTS Weighted average rate is 0.9% YTD 2021 compared to 1.1% YTD 2020 Noninterest-bearing deposits increased by $88.2 million to $499.6 million 2021YTD, representing 19.6% of total deposits year to date Total time deposits decreased from 33.5% of total deposits at year end 2020 to 23.
Slide 21: Appendix
APPENDIX
Slide 22: Non-GAAP Reconciliation
22 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
Slide 23: Non-GAAP Reconciliation
23 NON-GAAP RECONCILIATION (1): Annualized Source: Company documents YTD as of September 30, 2021 Dollars in thousands 2016 2017 2018 2019 2020 2021YTD Average Common Equity $126,036 $136,817 $142,373 $158,400 $178,905 $182,047 LESS: Average Intangibles 3,135 5,340 6,445 8,029 19,217 18,434 Average
Slide 24: fgb.net
bd fgb.net 888.375.3093 NASDAQ: FGBI
First Guaranty Bancshares — Investor Presentation (December 2021) on 6ix