First guaranty bancshares, inc. (FGBI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest Income:
Loans (including fees)

22,460

21,221

19,263

19,920

18,482

17,186

16,867

15,919

14,864

14,587

14,421

12,826

12,200

11,746

11,642

11,306

10,801

10,855

10,551

10,391

10,739

10,567

9,735

9,977

9,508

9,628

9,376

9,189

9,096

9,599

8,903

8,862

8,772

8,908

9,230

8,240

8,461

9,221

9,184

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

0

0

1

3

2

4

1

1

3

Deposits with other banks

235

495

872

953

636

338

158

31

85

36

82

41

19

14

11

14

30

17

14

21

20

18

16

49

32

33

33

51

40

36

20

21

15

14

13

13

10

12

10

Securities (including FHLB stock)

2,743

2,419

1,959

2,565

2,857

3,175

3,083

3,330

3,353

3,307

3,317

3,298

3,403

2,954

2,998

3,427

3,589

3,216

3,312

3,598

3,345

3,361

3,410

3,283

3,341

3,412

3,423

3,236

3,368

3,839

4,172

5,308

5,630

5,187

4,707

5,035

4,762

3,779

3,525

Federal funds sold

0

0

0

1

0

0

0

0

1

1

6

2

0

-

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

0

2

4

4

5

5

4

5

3

3

Total Interest Income

25,438

24,135

22,094

23,439

21,975

20,699

20,108

19,280

18,303

17,931

17,826

16,167

15,622

14,714

14,651

14,747

14,420

14,088

13,877

14,010

14,104

13,946

13,161

13,309

12,881

13,074

12,832

12,476

12,504

13,481

13,097

14,195

14,422

14,117

13,957

13,296

13,239

13,016

12,725

Interest Expense:
Demand deposits

2,110

2,301

2,504

2,831

2,811

2,258

2,155

2,142

1,976

1,624

1,460

1,360

1,082

730

662

627

614

367

348

346

358

308

321

332

351

290

291

319

362

334

349

357

343

275

239

179

227

209

229

Savings deposits

116

120

127

142

138

126

107

92

82

54

61

50

36

26

19

17

18

11

9

9

9

9

8

8

8

8

8

11

14

15

14

13

13

13

15

11

11

11

11

Time deposits

4,560

4,420

4,358

4,356

4,007

3,399

2,916

2,290

2,085

2,033

2,044

1,591

1,444

1,413

1,470

1,507

1,564

1,617

1,727

1,798

1,843

1,868

1,923

1,958

1,967

2,241

2,450

2,485

2,506

2,655

2,782

2,950

3,173

3,325

3,607

3,524

3,506

3,231

2,811

Borrowings

728

625

392

408

426

422

439

472

405

411

403

374

366

347

369

365

392

62

35

35

34

39

44

28

30

34

39

38

38

24

25

34

39

137

36

7

6

27

29

Total Interest Expense

7,514

7,466

7,381

7,737

7,382

6,205

5,617

4,996

4,548

4,122

3,968

3,375

2,928

2,516

2,520

2,516

2,588

2,057

2,119

2,188

2,244

2,224

2,296

2,326

2,356

2,573

2,788

2,853

2,920

3,028

3,170

3,354

3,568

3,750

3,897

3,721

3,750

3,478

3,080

Net Interest Income

17,924

16,669

14,713

15,702

14,593

14,494

14,491

14,284

13,755

13,809

13,858

12,792

12,694

12,198

12,131

12,231

11,832

12,031

11,758

11,822

11,860

11,722

10,865

10,983

10,525

10,501

10,044

9,623

9,584

10,453

9,927

10,841

10,854

10,367

10,060

9,575

9,489

9,538

9,645

Less: Provision for loan losses

1,245

712

1,727

1,634

787

786

372

-409

605

758

1,051

1,302

711

727

1,242

893

843

986

1,868

400

610

908

397

357

300

509

307

800

904

1,121

909

904

1,200

3,332

3,504

2,887

464

1,204

623

Net Interest Income after Provision for Loan Losses

16,679

15,957

12,986

14,068

13,806

13,708

14,119

14,693

13,150

13,051

12,807

11,490

11,983

11,471

10,889

11,338

10,989

11,045

9,890

11,422

11,250

10,814

10,468

10,626

10,225

9,992

9,737

8,823

8,680

9,332

9,018

9,937

9,654

7,035

6,556

6,688

9,025

8,334

9,022

Noninterest Income:
Service charges, commissions and fees

729

880

707

613

608

726

768

777

717

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ATM and debit card fees

609

568

579

579

528

550

540

531

501

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges, commissions and fees

-

-

-

-

-

-

-

-

-

-

718

571

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ATM and debit card fees

-

-

-

-

-

-

-

-

-

-

497

493

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges, commissions and fees

-

-

-

-

-

-

-

-

-

-

-

-

562

-

573

609

657

691

717

682

646

711

725

651

680

-497

1,181

1,171

1,151

-363

1,180

1,196

1,188

1,244

1,235

1,107

1,010

1,072

1,015

ATM and debit card fees

-

-

-

-

-

-

-

-

-

-

-

-

474

-

451

471

444

451

441

461

426

425

425

429

392

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains (losses) on securities

500

230

29

-14

-402

-928

-696

-216

10

401

62

404

530

43

1,171

2,231

354

128

2,233

623

316

-5

91

56

153

15

12

767

777

1,638

1,747

755

728

429

885

2,176

41

-

-

Net gains on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,001

1,105

Loss on securities impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

97

0

0

Net gains on sale of loans

16

5

1,307

53

11

102

45

129

2

184

3

119

5

5

6

3

0

-

0

4

-

-26

1

-6

19

25

-67

-3

-25

-19

-20

1

-30

8

10

48

48

22

92

Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Gain on acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,391

-

-

-

-

Gain on acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Other

571

490

557

415

556

285

542

547

348

539

723

410

385

339

350

327

379

114

320

349

354

358

365

355

378

321

343

346

327

445

424

437

373

383

443

350

287

465

367

Total Noninterest Income

2,425

2,173

3,179

1,646

1,301

735

1,199

1,768

1,578

2,384

2,003

1,997

1,956

1,429

2,551

3,641

1,834

1,384

3,711

2,119

1,742

1,454

1,607

1,485

1,631

1,498

1,469

2,281

2,230

3,161

3,331

2,389

2,259

2,339

3,964

3,681

1,289

2,560

2,579

Noninterest Expense:
Salaries and employee benefits

7,399

6,899

6,012

6,146

5,962

5,909

5,764

5,633

5,582

5,424

5,270

4,593

4,826

4,166

4,170

4,144

4,097

3,750

3,841

3,859

4,046

4,105

3,952

3,953

3,830

3,632

3,594

3,616

3,526

3,542

3,394

3,361

3,371

3,166

3,380

2,948

3,035

2,945

2,946

Occupancy and equipment expense

1,829

1,658

1,423

1,530

1,485

1,493

1,370

1,397

1,341

1,231

1,166

1,077

1,031

1,146

1,125

999

972

925

951

986

983

933

993

1,009

993

982

981

1,005

981

895

963

935

920

921

942

797

813

815

756

Other

5,067

4,522

3,875

3,986

3,721

3,833

4,022

3,647

3,284

3,706

3,709

3,351

3,137

2,859

3,003

3,174

3,030

3,038

2,976

2,876

2,864

3,188

2,698

3,139

2,801

3,000

3,264

3,209

3,197

3,786

3,454

3,581

2,959

3,557

3,533

2,943

2,786

2,695

2,744

Total Noninterest Expense

14,295

13,079

11,310

11,662

11,168

11,235

11,156

10,677

10,207

10,361

10,145

9,021

8,994

8,171

8,298

8,317

8,099

7,713

7,768

7,721

7,893

8,226

7,643

8,101

7,624

7,614

7,839

7,830

7,704

8,223

7,811

7,877

7,250

7,644

7,855

6,688

6,634

6,455

6,446

Income Before Income Taxes

4,809

5,051

4,855

4,052

3,939

3,208

4,162

5,784

4,521

5,074

4,665

4,466

4,945

4,729

5,142

6,662

4,724

4,716

5,833

5,820

5,099

4,042

4,432

4,010

4,232

3,876

3,367

3,274

3,206

4,270

4,538

4,449

4,663

1,730

2,665

3,681

3,680

4,439

5,155

Less: Provision for income taxes

984

1,002

1,008

839

807

590

765

1,187

920

2,568

1,603

1,534

1,694

1,567

1,763

2,261

1,573

1,349

1,951

1,958

1,705

1,244

1,461

1,340

1,447

1,209

1,109

1,142

1,117

1,258

1,505

1,486

1,612

652

500

1,287

1,284

1,572

1,776

Net Income

3,825

4,049

3,847

3,213

3,132

2,618

3,397

4,597

3,601

2,506

3,062

2,932

3,251

3,162

3,379

4,401

3,151

3,367

3,882

3,862

3,394

2,798

2,971

2,670

2,785

2,667

2,258

2,132

2,089

3,012

3,033

2,963

3,051

1,078

2,165

2,394

2,396

2,867

3,379

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87

99

99

99

97

99

99

99

98

129

203

283

493

493

502

484

542

768

333

333

334

333

Income Available to Common Shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,280

3,783

3,763

3,295

2,701

2,872

2,571

2,686

2,569

2,129

1,929

1,806

2,519

2,540

2,461

2,567

536

1,397

2,061

2,063

2,533

3,046

Per Common Share:
Earnings (in dollars per share)

0.39

0.35

0.44

0.36

0.32

0.15

0.39

0.52

0.41

0.12

0.35

0.35

0.39

0.25

0.44

0.58

0.41

0.26

0.55

0.54

0.48

0.28

0.45

0.41

0.43

0.28

0.34

0.31

0.29

0.40

0.40

0.39

0.41

0.08

0.22

0.34

0.34

0.46

0.55

Cash dividends paid (in dollars per share)

0.16

0.13

0.16

0.16

0.15

0.10

0.16

0.16

0.16

0.09

0.15

0.15

0.15

0.10

0.16

0.16

0.16

0.09

0.15

0.15

0.15

0.10

0.16

0.16

0.16

0.10

0.16

0.16

0.16

0.16

0.16

0.16

0.16

0.13

0.15

0.15

0.15

0.16

0.16

Weighted Average Common Shares Outstanding (in shares)

9,741

11,479

8,807

8,807

9,687

12,326

8,807

8,807

8,807

13,130

8,807

8,441

8,369

10,650

7,609

7,609

7,609

10,098

6,920

6,920

6,920

8,806

6,291

6,291

6,291

8,806

6,291

6,291

6,291

6,291

6,292

6,293

6,294

6,297

6,294

6,115

6,115

5,559

5,559