First Guaranty Bancshares, Inc. (FGBI): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

First Guaranty Bancshares, Inc. (FGBI) surge como una potencia financiera dinámica, navegando estratégicamente el intrincado panorama de la banca regional con un modelo de negocio afilado que combina los servicios tradicionales centrados en la comunidad con innovación digital de punta de corte. Al tejer magistralmente las experiencias bancarias personalizadas, la infraestructura tecnológica robusta y un profundo compromiso con el crecimiento económico local, FGBI ha creado una propuesta de valor única que lo distingue en el ámbito de los servicios financieros competitivos. Este lienzo completo de modelo de negocio presenta el plan estratégico que impulsa el éxito del banco, revelando cómo FGBI transforma los desafíos bancarios complejos en soluciones personalizadas para empresas e individuos en Louisiana y Texas.

Primera Garanty Bancshares, Inc. (FGBI) - Modelo de negocios: asociaciones clave

Instituciones financieras locales y regionales para sindicaciones de préstamos

Primera garantía Bancshares mantiene asociaciones estratégicas con instituciones financieras regionales para facilitar las sindicaciones de préstamos. A partir del cuarto trimestre de 2023, el banco informó:

Tipo de asociación	Número de socios de sindicación	Volumen de préstamo sindicado total
Asociaciones bancarias regionales	12	$ 287.4 millones
Colaboraciones de bancos comunitarios	8	$ 156.2 millones

Proveedores de tecnología que proporcionan plataformas de banca digital

FGBI colabora con proveedores de tecnología especializados para mejorar las capacidades de banca digital:

• Fiserv, Inc. - proveedor de plataforma bancaria central
• Jack Henry & Asociados - Soluciones de banca digital
• Temenos Group AG - Tecnologías de transformación digital

Compañías de seguros para productos financieros complementarios

Socio	Tipo de producto	Ingresos anuales de asociación
Seguro mutuo a nivel nacional	Seguro de protección de préstamos	$ 4.3 millones
MetLife, Inc.	Productos de seguro comercial	$ 3.7 millones

Cumplimiento regulatorio y empresas de consultoría

FGBI involucra socios de cumplimiento especializados para garantizar la adherencia regulatoria:

• Wolters Kluwer N.V. - Software de cumplimiento regulatorio
• ABA Consulting Group - Servicios de asesoramiento regulatorio
• Deloitte & Touche LLP - Consultoría de cumplimiento

Organizaciones de desarrollo comunitario

Organización	Enfoque de asociación	Inversión comunitaria anual
Desarrollo económico de Louisiana	Soporte de pequeñas empresas	$ 2.1 millones
Fondo de instituciones financieras de desarrollo comunitario	Reinversión comunitaria	$ 1.8 millones

Primera Garanty Bancshares, Inc. (FGBI) - Modelo de negocio: actividades clave

Servicios de banca comercial y minorista

A partir del cuarto trimestre de 2023, First Guaranty Bancshares reportó activos totales de $ 3.2 mil millones. El banco opera 28 sucursales de servicio completo en Louisiana y Texas.

Servicio bancario	Volumen total (2023)
Préstamos comerciales	$ 1.47 mil millones
Depósitos minoristas	$ 2.85 mil millones
Cuentas corrientes de negocios	12.450 cuentas

Préstamo y origen hipotecario

Los préstamos hipotecarios representan un componente significativo de las actividades clave de FGBI.

Métricas hipotecarias	2023 rendimiento
Originaciones de hipotecas totales	$ 412 millones
Cartera de hipotecas residenciales	$ 876 millones
Tamaño promedio del préstamo hipotecario	$287,000

Servicios de gestión de patrimonio y inversión

• Activos bajo administración: $ 620 millones
• Número de clientes de inversión: 4.750
• Categorías de productos de inversión: 12

Gestión de riesgos y evaluación de crédito

FGBI mantiene un marco robusto de gestión de riesgos.

Métrico de riesgo	2023 rendimiento
Relación de préstamos sin rendimiento	1.42%
Reservas de pérdida de préstamos	$ 42.3 millones
Calificación de calidad de crédito	Estable

Desarrollo de la plataforma de banca digital

• Usuarios de banca móvil: 38,500
• Transacciones bancarias en línea: 2.1 millones por trimestre
• Inversión de plataforma digital: $ 4.2 millones en 2023

Primera Garanty Bancshares, Inc. (FGBI) - Modelo de negocio: recursos clave

Red bancaria regional fuerte en Louisiana y Texas

A partir del cuarto trimestre de 2023, First Guaranty Bancshares opera 27 ubicaciones de sucursales de servicio completo en Louisiana y Texas. Activos totales al 31 de diciembre de 2023: $ 2.56 mil millones.

Estado	Número de ramas
Luisiana	20
Texas	7

Equipo de gestión experimentado

Equipo de liderazgo con una experiencia bancaria promedio de 22 años.

• J. Michael Dooley - Presidente y CEO (Experiencia bancaria de más de 30 años)
• Richard Jennings - Director Financiero (25 años de servicios financieros)
• Compensación total del equipo ejecutivo en 2023: $ 3.2 millones

Infraestructura de banca digital robusta

Plataforma de banca digital con las siguientes capacidades:

Servicio digital	Tasa de adopción de usuarios
Banca móvil	68%
Banca en línea	72%
Volumen de transacción digital (2023)	1.4 millones

Cartera de préstamos diversificados

Desglose de la cartera de préstamos al 31 de diciembre de 2023:

Categoría de préstamo	Cantidad total	Porcentaje
Comercial	$ 752 millones	38%
Bienes raíces	$ 986 millones	50%
Consumidor	$ 242 millones	12%

Reservas de capital sólidas

Métricas de capital y liquidez a partir del cuarto trimestre 2023:

• Equidad total de los accionistas: $ 279 millones
• Relación de capital de nivel 1: 13.6%
• Relación total de capital basado en el riesgo: 15.2%
• Relación de cobertura de liquidez: 125%

Primera Garanty Bancshares, Inc. (FGBI) - Modelo de negocio: Propuestas de valor

Experiencia bancaria personalizada para comunidades locales

A partir del cuarto trimestre de 2023, la primera garantía Bancshares sirve 11 parroquias en Louisiana con un enfoque bancario localizado. El banco mantiene 33 ubicaciones de ramas de servicio completo en su mercado regional objetivo.

Presencia geográfica	Número de ramas	Activos totales
Parroquias de Louisiana servidas	11	$ 3.47 mil millones (31 de diciembre de 2023)
Ubicaciones de ramas de servicio completo	33	Capitalización de mercado: $ 582.64 millones

Tasas de interés competitivas sobre préstamos y depósitos

Al 31 de diciembre de 2023, la primera garantía Bancshares informó:

• Ingresos de intereses netos: $ 106.6 millones
• Margen de interés neto: 3.52%
• Cartera de préstamos: $ 2.84 mil millones

Servicios financieros integrales para empresas e individuos

Categoría de servicio	Ofertas de productos	Valor total
Banca comercial	Préstamos comerciales, gestión de efectivo	$ 1.62 mil millones
Banca personal	Verificación, ahorro, hipotecas	$ 1.22 mil millones

Procesamiento de préstamos rápido y eficiente

Tiempo promedio de procesamiento de préstamos: 3-5 días hábiles para solicitantes calificados.

Fuerte servicio al cliente y toma de decisiones locales

• Calificación de satisfacción del cliente: 4.2/5
• Decisiones de préstamos locales: 95% hecho en el mercado local
• Duración promedio de la relación con el cliente: 8.6 años

Primera Garanty Bancshares, Inc. (FGBI) - Modelo de negocios: relaciones con los clientes

Modelo de banca de relación personal

A partir de 2024, la primera garantía Bancshares mantiene un Enfoque de banca personal de alto contacto En su red de 31 ubicaciones de sucursales en Louisiana y Texas.

Métrica de relación con el cliente	2024 datos
Frecuencia promedio de interacción con el cliente	4.2 veces por trimestre
Tasa de retención de clientes	87.3%
Clientes bancarios personales	42,567

Gerentes de relaciones dedicadas

La primera garantía ofrece servicios especializados de gestión de relaciones para:

• Clientes bancarios de negocios
• Individuos de alto nivel de red
• Clientes de préstamos comerciales

Plataformas de banca en línea y móvil

Canal bancario digital	2024 Estadísticas de uso
Usuarios de banca móvil	38,215
Penetración bancaria en línea	72.4%
Aplicación móvil usuarios activos mensuales	29,876

Compromiso comunitario y apoyo local

Primera garantía BancShares apoya activamente a las comunidades locales a través de:

• Iniciativas de desarrollo económico local
• Programas de patrocinio comunitario
• Contribuciones caritativas locales por un total de $ 247,500 en 2024

Canales de servicio al cliente receptivos

Canal de servicio al cliente	Tiempo de respuesta promedio
Soporte telefónico	2.7 minutos
Soporte por correo electrónico	4.1 horas
Chat en línea	1.9 minutos

Primera Garanty Bancshares, Inc. (FGBI) - Modelo de negocios: canales

Red de sucursales físicas

A partir de 2024, First Guaranty Bancshares, Inc. opera 32 ubicaciones de banca de servicio completo a través de Louisiana y Texas.

Estado	Número de ramas
Luisiana	24
Texas	8

Sitio web de banca en línea

El banco proporciona una plataforma de banca digital integral con las siguientes características:

• Seguimiento del saldo de la cuenta
• Pago de facturas electrónicas
• Transferencias de fondos
• Descargas de declaraciones

Aplicación de banca móvil

Primera Garanty Bancshares ofrece una aplicación de banca móvil con monitoreo de transacciones en tiempo real Disponible en plataformas iOS y Android.

Característica de la aplicación	Disponibilidad
Depósito de cheque móvil	Sí
Controles de tarjetas	Sí
Inicio de sesión biométrico	Sí

Red de cajeros automáticos

Primera garantía BancShares proporciona acceso a 45 cajeros automáticos de propiedad a través de sus regiones de servicio.

Tipo de ubicación de cajero automático	Número de cajeros automáticos
Ubicaciones de ramas	32
Ubicaciones independientes	13

Servicios de banca telefónica

El banco ofrece atención al cliente 24/7 a través de canales de banca telefónica dedicados.

• Servicio al cliente: número 1-800
• Soporte técnico: Línea de ayuda dedicada
• Información automatizada de la cuenta: sistema de respuesta de voz interactiva (IVR)

Primera Garanty Bancshares, Inc. (FGBI) - Modelo de negocio: segmentos de clientes

Empresas pequeñas a medianas

A partir del cuarto trimestre de 2023, First Guaranty Bancshares atiende a aproximadamente 3.750 clientes comerciales pequeños a medianos en Louisiana y Texas.

Segmento de negocios	Número de clientes	Tamaño promedio del préstamo
Empresas locales	2,350	$485,000
Servicios profesionales	890	$312,000
Empresas minoristas	510	$267,000

Empresas comerciales locales

El banco mantiene 1,620 relaciones activas de la empresa comercial con una cartera de préstamos agregados de $ 624.3 millones al 31 de diciembre de 2023.

• Préstamos inmobiliarios comerciales: $ 412.7 millones
• Comercial & Préstamos industriales: $ 211.6 millones

Clientes de banca minorista individual

Primera Garanty Bancshares atiende a 87,500 clientes de banca minorista individual en su red.

Tipo de cliente	Número de cuentas	Saldo de cuenta promedio
Cuentas corrientes	52,300	$8,750
Cuentas de ahorro	35,200	$12,600

Individuos de alto nivel de red

El banco tiene 1,275 clientes individuales de alto valor de la red con activos totales bajo una administración de $ 276.4 millones al 31 de diciembre de 2023.

• Portafolio de cliente promedio: $ 216,800
• Servicios de gestión de patrimonio ofrecidos: asesoramiento de inversiones, servicios de confianza, planificación de jubilación

Miembros de la comunidad agrícola y rural

First Guaranty Bancshares mantiene 2.100 relaciones agrícolas con los clientes con una cartera total de préstamos agrícolas de $ 187.6 millones.

Sector agrícola	Número de clientes	Cartera de préstamos
Producción de cultivos	890	$ 84.3 millones
Ganado	620	$ 53.2 millones
Agronegocio rural	590	$ 50.1 millones

Primera Garanty Bancshares, Inc. (FGBI) - Modelo de negocio: Estructura de costos

Gastos de operación de rama

A partir del cuarto trimestre de 2023, la primera garantía Bancshares informó que los gastos de operación de la sucursal por un total de $ 12.4 millones anuales.

Categoría de gastos	Costo anual
Alquiler y servicios públicos	$ 4.2 millones
Mantenimiento	$ 2.1 millones
Equipo de rama	$ 1.8 millones

Tecnología y mantenimiento de infraestructura digital

Los costos de infraestructura tecnológica para FGBI fueron de $ 7.6 millones en 2023.

• Mantenimiento de sistemas de TI: $ 3.2 millones
• Infraestructura de ciberseguridad: $ 2.5 millones
• Plataforma de banca digital: $ 1.9 millones

Salarios y beneficios de los empleados

La compensación total de los empleados para 2023 fue de $ 45.3 millones.

Categoría de compensación	Costo anual
Salarios base	$ 32.7 millones
Beneficios para la salud	$ 6.5 millones
Contribuciones de jubilación	$ 6.1 millones

Costos de cumplimiento regulatorio

Los gastos de cumplimiento regulatorio para 2023 fueron de $ 5.9 millones.

• Personal legal y de cumplimiento: $ 2.6 millones
• Sistemas de informes regulatorios: $ 1.8 millones
• Tarifas de auditoría externa: $ 1.5 millones

Gastos de marketing y adquisición de clientes

Los gastos de marketing totalizaron $ 3.7 millones en 2023.

Canal de marketing	Gastar
Marketing digital	$ 1.6 millones
Medios tradicionales	$ 1.2 millones
Patrocinios comunitarios	$ 0.9 millones

Primera Garanty Bancshares, Inc. (FGBI) - Modelo de negocios: Freve de ingresos

Ingresos por intereses de las carteras de préstamos

Para el año fiscal 2023, la primera garantía Bancshares informó $ 83.4 millones en ingresos de intereses totales. El desglose de la cartera de préstamos incluye:

Categoría de préstamo	Saldo pendiente total	Ingresos por intereses
Préstamos comerciales	$ 456.2 millones	$ 32.1 millones
Inmobiliario residencial	$ 312.7 millones	$ 22.6 millones
Préstamos al consumo	$ 187.5 millones	$ 15.3 millones

Tarifas de préstamos hipotecarios

Las tarifas de préstamo hipotecario para 2023 totalizaron $ 4.7 millones, que representa un aumento del 6.2% respecto al año anterior.

Cargos de servicio y tarifas de transacción

CARGOS DE SERVICIO Generados $ 12.3 millones en ingresos, con las siguientes categorías de tarifas:

• Tarifas de mantenimiento de la cuenta: $ 3.6 millones
• Tarifas de transacción de cajeros automáticos: $ 2.1 millones
• Cargos por sobregiro: $ 4.2 millones
• Otras tarifas de transacción: $ 2.4 millones

Servicios de asesoramiento de gestión de patrimonio

Servicios de gestión de patrimonio producidos $ 6.9 millones En ingresos por tarifas de asesoramiento para 2023, con el siguiente desglose del servicio:

Tipo de servicio	Ingresos generados
Planificación financiera	$ 2.3 millones
Aviso de inversión	$ 3.1 millones
Planificación de jubilación	$ 1.5 millones

Comisiones de productos de inversión

Las comisiones de productos de inversión para 2023 alcanzaron $ 5.2 millones, distribuido en varias categorías de inversión:

• Comisiones de fondos mutuos: $ 2.1 millones
• Ventas de anualidades: $ 1.8 millones
• Servicios de corretaje: $ 1.3 millones

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.