First guaranty bancshares, inc. (FGBI)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash Flows From Operating Activities
Net Income

14,241

14,213

11,751

14,093

14,505

11,224

9,146

12,059

8,033

10,025

7,595

Adjustments to reconcile net income to net cash provided by operating activities:
Provision

4,860

1,354

3,822

3,705

3,864

1,962

2,520

4,134

10,187

5,654

4,155

Depreciation and amortization

3,057

3,289

2,444

2,190

1,995

2,143

2,111

2,096

1,718

1,465

1,413

Amortization/Accretion of investments

-1,347

-1,445

-1,788

-2,239

-2,036

-2,164

-2,141

-1,962

-1,109

-71

768

(Gain) loss on sale/call of securities

-157

-1,830

1,397

3,799

-

-

-

-

-

-

-

Gain on acquisition

-

-

-

-

-

-

-

-

1,665

0

0

Gain on sale/call of securities

-

-

-

-

3,300

295

1,571

4,868

3,531

2,824

2,066

Other than temporary impairment charge on securities

-

-

-

60

175

0

0

-

-

-

-

Gain on sale of assets

1,304

301

361

76

6

17

-

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-61

-259

116

1,244

385

Other than temporary impairment charge on securities

-

-

-

-

-

-

-

-

97

0

829

Repossessed asset write downs, gains and losses on dispositions

-90

47

-103

-243

-411

-665

-335

-1,480

-764

-693

-270

FHLB stock dividends

63

42

23

6

4

4

4

4

5

8

3

Non-cash donation

-

-

-

-

-

-

-

-

-

705

0

Net increase in loans held for sale

-344

-964

-347

0

0

-88

-469

557

0

0

-

Change in other assets and liabilities, net

-6,349

-4,184

6,199

-3,563

2,461

1,140

-1,958

-338

-1,379

-2,043

8,514

Proceeds from maturities and calls of certificates of deposit

-

-

-

-

-

-

0

-

-

-

-

Net Cash Provided By Operating Activities

29,078

26,889

12,275

22,212

17,215

-

-

-

17,970

16,580

2,526

Cash Flows From Investing Activities
Net Cash Provided By Operating Activities

-

-

-

-

-

16,790

17,166

16,899

-

-

-

Funds invested in certificates of deposit

-

-

-

-

-

10,000

0

747

-

-

-

Proceeds from maturities, calls and sales of certificates of deposit

-

-

-

1,001

9,250

500

-

-

-

-

-

Proceeds from maturities, calls and sales of HTM securities

21,190

11,197

11,703

85,875

72,036

8,279

16,184

144,640

227,565

12,724

22,187

Proceeds from maturities, calls and sales of AFS securities

279,590

384,549

542,894

1,000,905

723,249

535,167

626,433

782,706

490,661

800,346

1,281,594

Funds invested in HTM securities

0

0

30,530

18,563

48,318

0

107,616

65,873

190,125

159,831

0

Funds Invested in AFS securities

274,437

309,346

517,185

-

-

-

-

-

-

-

-

Funds Invested in AFS securities

-

-

-

1,024,632

650,698

538,209

533,320

884,258

668,616

864,419

1,419,358

Funds invested in Federal Home Loan Bank stock

-

-

-

875

-

-

-

-

-

-

-

Proceeds from sale/redemption of Federal Home Loan Bank stock

-

-

-

-

3,554

4,169

3,268

4,030

2,483

2,972

0

Funds invested in Federal Home Loan Bank stock

-

-

-

-

2,864

3,950

3,825

4,658

1,440

2,032

1,599

Proceeds from maturities of time deposits with banks

-

-

-

-

-

-

-

-

-

-

35,094

Funds invested in time deposits with banks

-

-

-

-

-

-

-

-

0

0

13,613

Net increase in loans

123,553

76,354

80,816

109,467

56,000

92,697

78,777

63,864

-50,099

-5,718

-12,620

Purchase of premises and equipment

11,933

3,787

6,814

4,109

4,400

1,668

1,757

1,566

2,337

1,327

1,631

Proceeds from sales of premises and equipment

12

46

51

983

4

375

0

178

24

1,100

24

Proceeds from sales of other real estate owned

550

484

608

1,098

1,394

3,049

1,306

6,632

2,230

2,677

768

Cash paid in excess of cash received in acquisition

23,325

0

2,907

0

0

-

-

-

-

-

-

Net Cash Used In Investing Activities

-

-

-

-

-

-94,985

-78,104

-82,780

-

-

-

Cash received in excess of cash paid in acquisition

-

-

-

-

-

-

-

-

4,992

0

0

Net Cash Used In Investing Activities

-131,906

6,789

-82,996

-67,784

47,207

-

-

-

-84,464

-202,072

-83,914

Cash Flows From Financing Activities
Net increase in deposits

18,408

80,336

95,879

30,311

-75,969

68,740

50,487

45,310

121,891

207,637

19,382

Net increase in federal funds purchased and short-term borrowings

-28

-15,500

-700

4,700

0

-3,988

-8,958

2,523

-366

660

2,162

Proceeds from long-term borrowings, net of costs

32,465

0

3,750

0

24,969

1,555

0

0

3,500

0

-

Proceeds from junior subordinated debentures, net of costs

-

-

-

-

14,597

0

0

-

-

-

-

Common stock issued in private placement

1,000

0

0

-

9,344

0

0

-

-

-

-

Proceeds from long-term borrowings

-

-

-

-

-

-

-

-

-

-

20,000

Repayment of long-term borrowings

3,754

2,941

3,081

3,730

600

600

600

2,100

3,800

20,000

8,355

Redemption of preferred stock

-

-

-

-

39,435

0

0

-

21,128

0

0

Repurchase of common stock

-

-

-

-

-

-

-

54

0

0

-

Proceeds from issuance of preferred stock

-

-

-

-

-

-

-

-

39,435

0

20,699

Dividends paid

5,803

5,636

5,210

4,870

4,631

4,421

4,740

6,007

5,433

4,686

3,799

Net Cash Provided By Financing Activities

-

-

-

-

-

61,286

36,189

39,672

-

-

-

Net Decrease In Cash and Cash Equivalents

-

-

-

-

-

-16,909

-24,749

-

-

-

-

Net Cash Provided By Financing Activities

42,288

56,259

90,638

26,411

-71,725

-

-

-

134,099

183,611

50,089

Net (Decrease) Increase In Cash and Cash Equivalents

-60,540

89,937

19,917

-

-

-

-

-

-

-

-

Net Increase In Cash and Cash Equivalents

-

-

-

-19,161

-7,303

-

-

-26,209

67,605

-1,881

-31,299

Noncash Activities:
Acquisition of real estate in settlement of loans

2,789

297

1,374

123

-

-

-

-

-

-

-

Common stock issued in acquisition

0

0

10,650

-

-

-

-

-

-

-

-

Non-cash donation

-

-

-

-

-

-

-

-

-

705

0

Loans transferred to foreclosed assets

-

-

-

-

1,184

2,330

2,604

4,793

5,817

-3,288

-1,129

Common stock issued in acquisition

-

-

-

0

0

-

-

-

3,031

0

0

Cash Paid During The Period:
Interest on deposits and borrowed funds

27,871

19,902

13,836

9,916

8,898

-

-

-

-

-

-

Interest on deposits and borrowed funds

-

-

-

-

-

9,569

11,610

13,789

15,148

12,203

-15,357

Income taxes

-

-

-

3,000

8,400

4,500

2,850

5,800

2,850

5,600

-4,300

Federal
Income taxes

3,250

2,400

10,700

-

-

-

-

-

-

-

-

State
Income taxes

23

0

0

-

-

-

-

-

-

-

-