First Garantie Bancshares, Inc. (FGBI): Canvas du modèle d'entreprise [Jan-2025 MISE À JOUR]

First Guaranty Bancshares, Inc. (FGBI) apparaît comme une puissance financière dynamique, naviguant stratégiquement dans le paysage complexe de la banque régionale avec un modèle commercial trépidé des rasoirs qui mélange les services traditionnels axés sur la communauté avec l'innovation numérique de pointe. En tissant magistralement des expériences bancaires personnalisées, des infrastructures technologiques robustes et un engagement profond envers la croissance économique locale, le FGBI a conçu une proposition de valeur unique qui le distingue dans le domaine des services financiers concurrentiels. Cette toile complète du modèle commercial dévoile le plan stratégique qui stimule le succès de la banque, révélant comment le FGBI transforme les défis bancaires complexes en solutions sur mesure pour les entreprises et les particuliers de la Louisiane et du Texas.

First Guaranty Bancshares, Inc. (FGBI) - Modèle d'entreprise: partenariats clés

Institutions financières locales et régionales pour les syndications de prêts

First Garantie Bancshares maintient des partenariats stratégiques avec les institutions financières régionales pour faciliter les syndications de prêts. Au quatrième trimestre 2023, la banque a rapporté:

Type de partenariat	Nombre de partenaires de syndication	Volume total de prêts syndiqués
Partenariats des banques régionales	12	287,4 millions de dollars
Collaborations de banque communautaire	8	156,2 millions de dollars

Les fournisseurs de technologie fournissent des plateformes bancaires numériques

Le FGBI collabore avec des fournisseurs de technologie spécialisés pour améliorer les capacités bancaires numériques:

• Fiserv, Inc. - Proviseur de plate-forme bancaire de base
• Jack Henry & Associés - Solutions bancaires numériques
• TEMENOS GROUP AG - Technologies de transformation numérique

Compagnies d'assurance pour des produits financiers complémentaires

Partenaire d'assurance	Type de produit	Revenus de partenariat annuel
Assurance mutuelle à l'échelle nationale	Assurance protection des prêts	4,3 millions de dollars
MetLife, Inc.	Produits d'assurance commerciale	3,7 millions de dollars

Compliance réglementaire et sociétés de conseil

Le FGBI engage des partenaires de conformité spécialisés pour garantir l'adhésion réglementaire:

• Wolters Kluwer N.V. - Logiciel de conformité réglementaire
• ABA Consulting Group - Services de conseil réglementaire
• Deloitte & Touche LLP - Conseil Consulting

Organisations de développement communautaire

Organisation	Focus de partenariat	Investissement communautaire annuel
Développement économique de la Louisiane	Soutien aux petites entreprises	2,1 millions de dollars
Fonds des institutions financières de développement communautaire	Réinvestissement communautaire	1,8 million de dollars

First Garantie Bancshares, Inc. (FGBI) - Modèle d'entreprise: Activités clés

Services bancaires commerciaux et de détail

Au quatrième trimestre 2023, la première garantie Bancshares a déclaré un actif total de 3,2 milliards de dollars. La banque exploite 28 succursales à service complet à travers la Louisiane et le Texas.

Service bancaire	Volume total (2023)
Prêts commerciaux	1,47 milliard de dollars
Dépôts de détail	2,85 milliards de dollars
Comptes de chèques d'entreprise	12 450 comptes

Prêts hypothécaires et origine

Les prêts hypothécaires représentent une composante importante des activités clés du FGBI.

Métriques hypothécaires	Performance de 2023
Originations hypothécaires totales	412 millions de dollars
Portefeuille hypothécaire résidentiel	876 millions de dollars
Taille moyenne du prêt hypothécaire	$287,000

Services de gestion de patrimoine et d'investissement

• Actifs sous gestion: 620 millions de dollars
• Nombre de clients d'investissement: 4,750
• Catégories de produits d'investissement: 12

Gestion des risques et évaluation du crédit

Le FGBI maintient un cadre de gestion des risques robuste.

Métrique à risque	Performance de 2023
Ratio de prêts non performants	1.42%
Réserves de perte de prêt	42,3 millions de dollars
Note de qualité du crédit	Écurie

Développement de la plate-forme bancaire numérique

• Utilisateurs de la banque mobile: 38 500
• Transactions bancaires en ligne: 2,1 millions par trimestre
• Investissement de plate-forme numérique: 4,2 millions de dollars en 2023

First Garantie Bancshares, Inc. (FGBI) - Modèle d'entreprise: Ressources clés

Strong régional Banking Network en Louisiane et au Texas

Depuis le quatrième trimestre 2023, First Guaranty Bancshares exploite 27 emplacements de succursales à service complet à travers la Louisiane et le Texas. Actif total au 31 décembre 2023: 2,56 milliards de dollars.

État	Nombre de branches
Louisiane	20
Texas	7

Équipe de gestion expérimentée

Équipe de direction avec une expérience bancaire moyenne de 22 ans.

• J. Michael Dooley - Président et chef de la direction (plus de 30 ans d'expérience bancaire)
• Richard Jennings - directeur financier (25 ans de services financiers)
• Compensation totale de l'équipe de direction en 2023: 3,2 millions de dollars

Infrastructure bancaire numérique robuste

Plateforme bancaire numérique avec les capacités suivantes:

Service numérique	Taux d'adoption des utilisateurs
Banque mobile	68%
Banque en ligne	72%
Volume de transaction numérique (2023)	1,4 million

Portefeuille de prêts diversifié

Répartition du portefeuille de prêts au 31 décembre 2023:

Catégorie de prêt	Montant total	Pourcentage
Commercial	752 millions de dollars	38%
Immobilier	986 millions de dollars	50%
Consommateur	242 millions de dollars	12%

Réserves de capitaux solides

Métriques de capital et de liquidité auprès du quatrième trimestre 2023:

• Total des capitaux propres des actionnaires: 279 millions de dollars
• Ratio de capital de niveau 1: 13,6%
• Ratio de capital total basé sur les risques: 15,2%
• Ratio de couverture de liquidité: 125%

First Guaranty Bancshares, Inc. (FGBI) - Modèle d'entreprise: propositions de valeur

Expérience bancaire personnalisée pour les communautés locales

Depuis le quatrième trimestre 2023, la première garantie Bancshares sert 11 paroisses en Louisiane avec une approche bancaire localisée. La banque maintient 33 emplacements de succursales à service complet sur son marché régional ciblé.

Présence géographique	Nombre de branches	Actif total
Paroisses de Louisiane servies	11	3,47 milliards de dollars (31 décembre 2023)
Emplacements de succursales à service complet	33	Capitalisation boursière: 582,64 millions de dollars

Taux d'intérêt concurrentiels sur les prêts et les dépôts

Au 31 décembre 2023, la première garantie Bancshares a rapporté:

• Revenu net des intérêts: 106,6 millions de dollars
• Marge d'intérêt net: 3.52%
• Portefeuille de prêts: 2,84 milliards de dollars

Services financiers complets pour les entreprises et les particuliers

Catégorie de service	Offres de produits	Valeur totale
Banque commerciale	Prêts commerciaux, gestion de trésorerie	1,62 milliard de dollars
Banque personnelle	Vérification, économies, hypothèques	1,22 milliard de dollars

Traitement des prêts rapides et efficaces

Temps de traitement des prêts moyens: 3-5 jours ouvrables pour les candidats qualifiés.

Service client solide et prise de décision locale

• Évaluation de satisfaction du client: 4.2/5
• Décisions de prêt locales: 95% fait sur le marché local
• Durée moyenne de la relation client: 8,6 ans

First Guaranty Bancshares, Inc. (FGBI) - Modèle d'entreprise: relations avec les clients

Modèle de banque de relations personnelles

En 2024, First Garantie Bancshares maintient un Approche bancaire personnelle à touche À travers son réseau de 31 succursales en Louisiane et au Texas.

Métrique de la relation client	2024 données
Fréquence moyenne d'interaction client	4,2 fois par trimestre
Taux de rétention de la clientèle	87.3%
Clients bancaires personnels	42,567

Gestionnaires de relations dédiées

First Garantie fournit des services de gestion des relations spécialisés pour:

• Clients bancaires d'entreprise
• Individus à haute nette
• Clients de prêts commerciaux

Plateformes bancaires en ligne et mobiles

Canal bancaire numérique	2024 Statistiques d'utilisation
Utilisateurs de la banque mobile	38,215
Pénétration des services bancaires en ligne	72.4%
Application mobile Utilisateurs actifs mensuels	29,876

Engagement communautaire et soutien local

Première garantie que Bancshares soutient activement les communautés locales à travers:

• Initiatives de développement économique locales
• Programmes de parrainage communautaire
• Contributions de bienfaisance locales totalisant 247 500 $ en 2024

Canaux de service à la clientèle réactifs

Canal de service client	Temps de réponse moyen
Support téléphonique	2,7 minutes
Assistance par e-mail	4,1 heures
Chat en ligne	1,9 minutes

First Garantie Bancshares, Inc. (FGBI) - Modèle d'entreprise: canaux

Réseau de succursale physique

Depuis 2024, First Garantie Bancshares, Inc. fonctionne 32 emplacements bancaires à service complet à travers la Louisiane et le Texas.

État	Nombre de branches
Louisiane	24
Texas	8

Site Web de banque en ligne

La banque fournit une plate-forme bancaire numérique complète avec les fonctionnalités suivantes:

• Suivi du solde du compte
• Paiement de facture électronique
• Transferts de fonds
• Téléchargements de déclaration

Application bancaire mobile

First Guaranty Bancshares propose une application bancaire mobile avec Surveillance des transactions en temps réel Disponible sur les plates-formes iOS et Android.

Fonctionnalité d'application	Disponibilité
Dépôt de chèques mobiles	Oui
Commandes de carte	Oui
Connexion biométrique	Oui

Réseau ATM

First Garantie Bancshares donne accès à 45 machines ATM propriétaires à travers ses régions de service.

Type d'emplacement ATM	Nombre de distributeurs automatiques de billets
Succursales	32
Emplacements autonomes	13

Services bancaires téléphoniques

La banque propose un support client 24/7 via canaux bancaires téléphoniques dédiés.

• Service client: numéro 1 à 800
• Support technique: ligne d'assistance dédiée
• Informations sur le compte automatisé: Système de réponse vocale interactive (IVR)

First Guaranty Bancshares, Inc. (FGBI) - Modèle d'entreprise: segments de clientèle

Petites et moyennes entreprises

Depuis le quatrième trimestre 2023, First Guaranty Bancshares dessert environ 3 750 clients commerciaux de petite à moyenne taille de la Louisiane et du Texas.

Segment d'entreprise	Nombre de clients	Taille moyenne du prêt
Entreprises locales	2,350	$485,000
Services professionnels	890	$312,000
Entreprises de vente au détail	510	$267,000

Entreprises commerciales locales

La banque entretient 1 620 relations commerciales actives avec un portefeuille de prêts agrégé de 624,3 millions de dollars au 31 décembre 2023.

• Prêts immobiliers commerciaux: 412,7 millions de dollars
• Commercial & Prêts industriels: 211,6 millions de dollars

Clients bancaires de détail individuels

First Guaranty Bancshares dessert 87 500 clients de banque de détail individuels à travers son réseau.

Type de client	Nombre de comptes	Solde moyen du compte
Comptes chèques	52,300	$8,750
Comptes d'épargne	35,200	$12,600

Individus à haute nette

La banque compte 1 275 clients individuels à forte valeur avec un actif total sous gestion de 276,4 millions de dollars au 31 décembre 2023.

• Portfolio moyen des clients: 216 800 $
• Services de gestion de patrimoine offerts: Advisory en investissement, services de confiance, planification de la retraite

Membres de la communauté agricole et rurale

First Garantie Bancshares entretient 2 100 relations avec les clients agricoles avec un portefeuille total de prêts agricoles de 187,6 millions de dollars.

Secteur agricole	Nombre de clients	Portefeuille de prêts
Production agricole	890	84,3 millions de dollars
Bétail	620	53,2 millions de dollars
Agro-industrie rurale	590	50,1 millions de dollars

First Garantie Bancshares, Inc. (FGBI) - Modèle d'entreprise: Structure des coûts

Dépenses de fonctionnement de la succursale

Au quatrième trimestre 2023, la première garantie Bancshares a déclaré que les dépenses d'exploitation de succursales totalisant 12,4 millions de dollars par an.

Catégorie de dépenses	Coût annuel
Loyer et services publics	4,2 millions de dollars
Entretien	2,1 millions de dollars
Équipement de succursale	1,8 million de dollars

Maintenance de la technologie et des infrastructures numériques

Les coûts des infrastructures technologiques pour le FGBI étaient de 7,6 millions de dollars en 2023.

• Maintenance des systèmes informatiques: 3,2 millions de dollars
• Infrastructure de cybersécurité: 2,5 millions de dollars
• Plateforme bancaire numérique: 1,9 million de dollars

Salaires et avantages sociaux des employés

La rémunération totale des employés pour 2023 était de 45,3 millions de dollars.

Catégorie de compensation	Coût annuel
Salaires de base	32,7 millions de dollars
Avantages pour la santé	6,5 millions de dollars
Contributions à la retraite	6,1 millions de dollars

Coûts de conformité réglementaire

Les dépenses de conformité réglementaire pour 2023 étaient de 5,9 millions de dollars.

• Personnel juridique et de conformité: 2,6 millions de dollars
• Systèmes de rapports réglementaires: 1,8 million de dollars
• Frais d'audit externe: 1,5 million de dollars

Frais de marketing et d'acquisition des clients

Les dépenses de marketing ont totalisé 3,7 millions de dollars en 2023.

Canal de marketing	Dépenser
Marketing numérique	1,6 million de dollars
Médias traditionnels	1,2 million de dollars
Parrainages communautaires	0,9 million de dollars

First Guaranty Bancshares, Inc. (FGBI) - Modèle d'entreprise: Strots de revenus

Revenu des intérêts des portefeuilles de prêts

Pour l'exercice 2023, First Guaranty Bancshares a rapporté 83,4 millions de dollars dans le revenu total des intérêts. La répartition du portefeuille de prêts comprend:

Catégorie de prêt	Solde total en suspens	Revenu d'intérêt
Prêts commerciaux	456,2 millions de dollars	32,1 millions de dollars
Immobilier résidentiel	312,7 millions de dollars	22,6 millions de dollars
Prêts à la consommation	187,5 millions de dollars	15,3 millions de dollars

Frais de prêt hypothécaire

Les frais de prêt hypothécaire pour 2023 ont totalisé 4,7 millions de dollars, représentant une augmentation de 6,2% par rapport à l'année précédente.

Frais de service et frais de transaction

Frais de service générés 12,3 millions de dollars en revenus, avec les catégories de frais suivantes:

• Frais de maintenance du compte: 3,6 millions de dollars
• Frais de transaction ATM: 2,1 millions de dollars
• Frais de découvert: 4,2 millions de dollars
• Autres frais de transaction: 2,4 millions de dollars

Services de conseil en gestion de patrimoine

Services de gestion de patrimoine produits 6,9 millions de dollars Dans les revenus des frais de conseil pour 2023, avec la ventilation du service suivante:

Type de service	Revenus générés
Planification financière	2,3 millions de dollars
Avis d'investissement	3,1 millions de dollars
Planification de la retraite	1,5 million de dollars

Commissions de produits d'investissement

Les commissions de produits d'investissement pour 2023 ont atteint 5,2 millions de dollars, distribué dans diverses catégories d'investissement:

• Commissions de fonds communs de placement: 2,1 millions de dollars
• Ventes de rente: 1,8 million de dollars
• Services de courtage: 1,3 million de dollars

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.