First Guaranty Bancshares, Inc. (FGBI): Modelo de Negócios Canvas [Jan-2025 Atualizado]

O First Guaranty Bancshares, Inc. (FGBI) surge como uma potência financeira dinâmica, navegando estrategicamente no intrincado cenário do banco regional com um modelo de negócios nítido que combina serviços tradicionais focados na comunidade com inovação digital de ponta. Ao tecer magistralmente experiências bancárias personalizadas, infraestrutura tecnológica robusta e um profundo compromisso com o crescimento econômico local, o FGBI criou uma proposta de valor única que a diferencia na área de serviços financeiros competitivos. Essa lona abrangente do modelo de negócios revela o plano estratégico que impulsiona o sucesso do banco, revelando como o FGBI transforma desafios bancários complexos em soluções personalizadas para empresas e indivíduos em toda a Louisiana e Texas.

First Guaranty Bancshares, Inc. (FGBI) - Modelo de negócios: Parcerias -chave

Instituições Financeiras Locais e Regionais para Sindicações de Empréstimos

A Primeira Garantia Bancshares mantém parcerias estratégicas com instituições financeiras regionais para facilitar as sindicação de empréstimos. A partir do quarto trimestre 2023, o banco informou:

Tipo de parceria	Número de parceiros de sindicatos	Volume total de empréstimo sindicado
Parcerias bancárias regionais	12	US $ 287,4 milhões
Colaborações do Banco Comunitário	8	US $ 156,2 milhões

Fornecedores de tecnologia que fornecem plataformas bancárias digitais

O FGBI colabora com fornecedores de tecnologia especializados para aprimorar os recursos bancários digitais:

• Fiserv, Inc. - Provedor de plataforma bancária principal
• Jack Henry & Associados - soluções bancárias digitais
• TEMENOS GROUP AG - Tecnologias de transformação digital

Empresas de seguros para produtos financeiros complementares

Parceiro de seguro	Tipo de produto	Receita anual de parceria
Seguro mútuo em todo o país	Seguro de proteção de empréstimos	US $ 4,3 milhões
MetLife, Inc.	Produtos de seguro comercial	US $ 3,7 milhões

Empresas de conformidade e consultoria regulatórias

O FGBI envolve parceiros de conformidade especializados para garantir a adesão regulatória:

• Wolters Kluwer N.V. - Software de conformidade regulatória
• Grupo de Consultoria ABA - Serviços de Consultoria Regulatória
• Deloitte & Touche LLP - Consultoria de conformidade

Organizações de desenvolvimento comunitário

Organização	Foco em parceria	Investimento comunitário anual
Desenvolvimento Econômico da Louisiana	Suporte para pequenas empresas	US $ 2,1 milhões
Fundo de Instituições Financeiras de Desenvolvimento Comunitário	Reinvestimento da comunidade	US $ 1,8 milhão

First Guaranty Bancshares, Inc. (FGBI) - Modelo de negócios: Atividades -chave

Serviços bancários comerciais e de varejo

No quarto trimestre 2023, a primeira garantia Bancshares registrou ativos totais de US $ 3,2 bilhões. O Banco opera 28 agências de serviço completo na Louisiana e no Texas.

Serviço bancário	Volume total (2023)
Empréstimos comerciais	US $ 1,47 bilhão
Depósitos de varejo	US $ 2,85 bilhões
Contas de corrente de negócios	12.450 contas

Empréstimos e originação hipotecária

Os empréstimos hipotecários representam um componente significativo das principais atividades do FGBI.

Métricas de hipoteca	2023 desempenho
Operações totais de hipoteca	US $ 412 milhões
Portfólio de hipoteca residencial	US $ 876 milhões
Tamanho médio do empréstimo hipotecário	$287,000

Gestão de patrimônio e serviços de investimento

• Ativos sob gestão: US $ 620 milhões
• Número de clientes de investimento: 4.750
• Categorias de produtos de investimento: 12

Gerenciamento de riscos e avaliação de crédito

O FGBI mantém uma estrutura robusta de gerenciamento de risco.

Métrica de risco	2023 desempenho
Razão de empréstimos não-desempenho	1.42%
Reservas de perda de empréstimos	US $ 42,3 milhões
Classificação de qualidade de crédito	Estável

Desenvolvimento da plataforma bancária digital

• Usuários bancários móveis: 38.500
• Transações bancárias online: 2,1 milhões por trimestre
• Investimento de plataforma digital: US $ 4,2 milhões em 2023

First Guaranty Bancshares, Inc. (FGBI) - Modelo de negócios: Recursos -chave

Forte rede bancária regional na Louisiana e Texas

A partir do quarto trimestre 2023, a First Guaranty Bancshares opera 27 locais de filiais de serviço completo na Louisiana e no Texas. Total de ativos em 31 de dezembro de 2023: US $ 2,56 bilhões.

Estado	Número de ramificações
Louisiana	20
Texas	7

Equipe de gerenciamento experiente

Equipe de liderança com uma experiência bancária média de 22 anos.

• J. Michael Dooley - Presidente e CEO (mais de 30 anos de experiência bancária)
• Richard Jennings - Diretor Financeiro (25 anos de Serviços Financeiros)
• Compensação total da equipe executiva em 2023: US $ 3,2 milhões

Infraestrutura bancária digital robusta

Plataforma bancária digital com os seguintes recursos:

Serviço digital	Taxa de adoção do usuário
Mobile Banking	68%
Bancos online	72%
Volume de transação digital (2023)	1,4 milhão

Portfólio de empréstimos diversificados

PARTELIO DE COMPRIMENTOS EM 31 de dezembro de 2023:

Categoria de empréstimo	Montante total	Percentagem
Comercial	US $ 752 milhões	38%
Imobiliária	US $ 986 milhões	50%
Consumidor	US $ 242 milhões	12%

Reservas de capital sólido

Métricas de capital e liquidez a partir do quarto trimestre 2023:

• Total dos acionistas do patrimônio líquido: US $ 279 milhões
• Tier 1 Capital Ratio: 13,6%
• Total de capital baseado em risco: 15,2%
• Taxa de cobertura de liquidez: 125%

First Guaranty Bancshares, Inc. (FGBI) - Modelo de Negócios: Proposições de Valor

Experiência bancária personalizada para comunidades locais

A partir do quarto trimestre 2023, a primeira garantia BancShares serve 11 paróquias na Louisiana com uma abordagem bancária localizada. O banco mantém 33 locais de ramificação de serviço completo em seu mercado regional direcionado.

Presença geográfica	Número de ramificações	Total de ativos
As paróquias da Louisiana serviram	11	US $ 3,47 bilhões (31 de dezembro de 2023)
Locais de ramificação de serviço completo	33	Capitalização de mercado: US $ 582,64 milhões

Taxas de juros competitivas em empréstimos e depósitos

Em 31 de dezembro de 2023, a primeira garantia de Bancshares informou:

• Receita líquida de juros: US $ 106,6 milhões
• Margem de juros líquidos: 3.52%
• Portfólio de empréstimos: US $ 2,84 bilhões

Serviços financeiros abrangentes para empresas e indivíduos

Categoria de serviço	Ofertas de produtos	Valor total
Bancos comerciais	Empréstimos comerciais, gerenciamento de caixa	US $ 1,62 bilhão
Bancos pessoais	Verificação, economia, hipotecas	US $ 1,22 bilhão

Processamento de empréstimo rápido e eficiente

Tempo médio de processamento de empréstimo: 3-5 dias úteis para candidatos qualificados.

Atendimento ao cliente forte e tomada de decisão local

• Classificação de satisfação do cliente: 4.2/5
• Decisões de empréstimos locais: 95% fabricados no mercado local
• Duração média do relacionamento do cliente: 8,6 anos

First Guaranty Bancshares, Inc. (FGBI) - Modelo de Negócios: Relacionamentos do Cliente

Modelo bancário de relacionamento pessoal

A partir de 2024, o primeiro garantia de Bancshares mantém um abordagem bancária pessoal de alto toque em sua rede de 31 locais de filiais na Louisiana e no Texas.

Métrica de relacionamento com o cliente	2024 dados
Frequência média de interação do cliente	4,2 vezes por trimestre
Taxa de retenção de clientes	87.3%
Clientes bancários pessoais	42,567

Gerentes de relacionamento dedicados

A First Guaranty fornece serviços especializados de gerenciamento de relacionamento para:

• Clientes bancários de negócios
• Indivíduos de alta rede
• Clientes de empréstimos comerciais

Plataformas bancárias online e móveis

Canal bancário digital	2024 Estatísticas de uso
Usuários bancários móveis	38,215
Penetração bancária online	72.4%
Usuários ativos mensais de aplicativo móvel	29,876

Engajamento da comunidade e apoio local

A primeira garantia Bancshares apoia ativamente as comunidades locais através de:

• Iniciativas de desenvolvimento econômico local
• Programas de patrocínio da comunidade
• Contribuições de caridade locais totalizando US $ 247.500 em 2024

Canais de atendimento ao cliente responsivos

Canal de atendimento ao cliente	Tempo médio de resposta
Suporte telefônico	2,7 minutos
Suporte por e -mail	4,1 horas
Chat online	1,9 minutos

First Guaranty Bancshares, Inc. (FGBI) - Modelo de Negócios: Canais

Rede de ramificação física

A partir de 2024, a First Guaranty Bancshares, Inc. opera 32 locais bancários de serviço completo na Louisiana e no Texas.

Estado	Número de ramificações
Louisiana	24
Texas	8

Site bancário online

O banco fornece uma plataforma de banco digital abrangente com os seguintes recursos:

• Rastreamento do saldo da conta
• Pagamento eletrônico da conta
• Transferências de fundos
• Downloads de declaração

Aplicativo bancário móvel

Primeira garantia Bancshares oferece um aplicativo de banco móvel com Monitoramento de transações em tempo real Disponível em plataformas iOS e Android.

Recurso do aplicativo	Disponibilidade
Depósito de cheque móvel	Sim
Controles de cartão	Sim
Login biométrico	Sim

Rede ATM

Primeira garantia Bancshares fornece acesso a 45 caixas eletrônicos proprietários em suas regiões de serviço.

Tipo de localização do ATM	Número de caixas eletrônicos
Locais da filial	32
Locais independentes	13

Serviços bancários telefônicos

O banco oferece suporte ao cliente 24/7 por meio canais bancários telefônicos dedicados.

• Atendimento ao cliente: número 1-800
• Suporte técnico: Helpline dedicada
• Informações da conta automatizada: Sistema de resposta de voz interativa (IVR)

First Guaranty Bancshares, Inc. (FGBI) - Modelo de negócios: segmentos de clientes

Pequenas e médias empresas

A partir do quarto trimestre de 2023, a First Guaranty Bancshares atende a aproximadamente 3.750 clientes comerciais pequenos e médios na Louisiana e no Texas.

Segmento de negócios	Número de clientes	Tamanho médio do empréstimo
Empresas locais	2,350	$485,000
Serviços profissionais	890	$312,000
Empresas de varejo	510	$267,000

Empresas comerciais locais

O banco mantém 1.620 relações comerciais ativas ativas com uma carteira de empréstimos agregados de US $ 624,3 milhões em 31 de dezembro de 2023.

• Empréstimos imobiliários comerciais: US $ 412,7 milhões
• Comercial & Empréstimos industriais: US $ 211,6 milhões

Clientes bancários de varejo individuais

A Primeira Garantia Bancshares atende a 87.500 clientes de banco de varejo individuais em toda a sua rede.

Tipo de cliente	Número de contas	Saldo médio da conta
Contas de verificação	52,300	$8,750
Contas de poupança	35,200	$12,600

Indivíduos de alta rede

O banco possui 1.275 clientes individuais de alto patrimônio líquido, com ativos totais sob gerenciamento de US $ 276,4 milhões em 31 de dezembro de 2023.

• Portfólio de clientes médios: US $ 216.800
• Serviços de gerenciamento de patrimônio oferecidos: consultoria de investimentos, serviços de confiança, planejamento de aposentadoria

Membros da comunidade agrícola e rural

A Primeira Garantia Bancshares mantém 2.100 relacionamentos com clientes agrícolas com uma carteira total de empréstimos agrícolas de US $ 187,6 milhões.

Setor agrícola	Número de clientes	Portfólio de empréstimos
Produção agrícola	890	US $ 84,3 milhões
Gado	620	US $ 53,2 milhões
Agronegócio rural	590	US $ 50,1 milhões

First Guaranty Bancshares, Inc. (FGBI) - Modelo de negócios: estrutura de custos

Despesas de operação de ramificação

A partir do quarto trimestre de 2023, a primeira garantia de Bancshares relatou despesas de operação de filial, totalizando US $ 12,4 milhões anualmente.

Categoria de despesa	Custo anual
Aluguel e utilitários	US $ 4,2 milhões
Manutenção	US $ 2,1 milhões
Equipamento de ramificação	US $ 1,8 milhão

Manutenção de tecnologia e infraestrutura digital

Os custos de infraestrutura de tecnologia para o FGBI foram de US $ 7,6 milhões em 2023.

• Manutenção de sistemas de TI: US $ 3,2 milhões
• Infraestrutura de segurança cibernética: US $ 2,5 milhões
• Plataforma bancária digital: US $ 1,9 milhão

Salários e benefícios dos funcionários

A compensação total dos funcionários em 2023 foi de US $ 45,3 milhões.

Categoria de compensação	Custo anual
Salários da base	US $ 32,7 milhões
Benefícios à saúde	US $ 6,5 milhões
Contribuições de aposentadoria	US $ 6,1 milhões

Custos de conformidade regulatória

As despesas de conformidade regulatória para 2023 foram de US $ 5,9 milhões.

• Equipe legal e de conformidade: US $ 2,6 milhões
• Sistemas de relatórios regulatórios: US $ 1,8 milhão
• Taxas de auditoria externas: US $ 1,5 milhão

Despesas de marketing e aquisição de clientes

As despesas de marketing totalizaram US $ 3,7 milhões em 2023.

Canal de marketing	Gastar
Marketing digital	US $ 1,6 milhão
Mídia tradicional	US $ 1,2 milhão
Patrocínio da comunidade	US $ 0,9 milhão

First Guaranty Bancshares, Inc. (FGBI) - Modelo de negócios: fluxos de receita

Receita de juros de carteiras de empréstimos

Para o ano fiscal de 2023, a primeira garantia de Bancshares relatada US $ 83,4 milhões na receita total de juros. A quebra da carteira de empréstimos inclui:

Categoria de empréstimo	Balanço total em circulação	Receita de juros
Empréstimos comerciais	US $ 456,2 milhões	US $ 32,1 milhões
Imóveis residenciais	US $ 312,7 milhões	US $ 22,6 milhões
Empréstimos ao consumidor	US $ 187,5 milhões	US $ 15,3 milhões

Taxas de empréstimos hipotecários

Taxas de empréstimos hipotecários para 2023 totalizaram US $ 4,7 milhões, representando um aumento de 6,2% em relação ao ano anterior.

Cobranças de serviço e taxas de transação

Encargos de serviço gerados US $ 12,3 milhões em receita, com as seguintes categorias de taxas:

• Taxas de manutenção de conta: US $ 3,6 milhões
• Taxas de transação ATM: US $ 2,1 milhões
• Cobranças de cheque especial: US $ 4,2 milhões
• Outras taxas de transação: US $ 2,4 milhões

Serviços de consultoria de gestão de patrimônio

Serviços de gerenciamento de patrimônio produzidos US $ 6,9 milhões na receita de taxas de consultoria em 2023, com a seguinte quebra de serviço:

Tipo de serviço	Receita gerada
Planejamento financeiro	US $ 2,3 milhões
Aviso de investimento	US $ 3,1 milhões
Planejamento de aposentadoria	US $ 1,5 milhão

Comissões de produtos de investimento

Comissões de produtos de investimento para 2023 alcançados US $ 5,2 milhões, distribuído em várias categorias de investimento:

• Comissões de fundos mútuos: US $ 2,1 milhões
• Vendas de anuidade: US $ 1,8 milhão
• Serviços de corretagem: US $ 1,3 milhão

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.