First Guaranty Bancshares

First Guaranty Bancshares, Inc. is a bank holding company operating through its subsidiary, First Guaranty Bank. The Banks's principal business consists of attracting deposits from the general public and local municipalities in its market areas and investing those deposits, together with funds generated from operations and borrowings in lending and in securities activities to serve the credit needs of the customer base, including commercial real estate loans, commercial and industrial loans, one- to four-family residential real estate loans, construction and land development loans, agricultural and farmland loans, and to a lesser extent, consumer and multifamily loans. 

First Guaranty also participates in certain syndicated loans, including shared national credits, with other financial institutions. The Bank offers a variety of deposit accounts to consumers and small businesses, including personal and business checking and savings accounts, time deposits, money market accounts and demand accounts. In addition, First Guaranty offer a broad range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, internet banking, automated teller machines, online bill pay, mobile banking and lockbox services.

Company Growth (employees)
Type
Public
HQ
Hammond, US
Founded
1934
Size (employees)
282 (est)+6%
Website
fgb.net
First Guaranty Bancshares was founded in 1934 and is headquartered in Hammond, US

First Guaranty Bancshares Office Locations

First Guaranty Bancshares has an office in Hammond
Hammond, US (HQ)
400 E Thomas St

First Guaranty Bancshares Data and Metrics

First Guaranty Bancshares Financial Metrics

First Guaranty Bancshares's revenue was reported to be $17.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

17.6 m

Gross profit (Q1, 2017)

14.7 m

Gross profit margin (Q1, 2017), %

83%

Net income (Q1, 2017)

3.3 m

EBIT (Q1, 2017)

12 m

Market capitalization (21-Jul-2017)

198.8 m

Cash (31-Mar-2017)

18.1 m
First Guaranty Bancshares's current market capitalization is $198.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

65 m68 m

Revenue growth, %

5%

Cost of goods sold

8.6 m10.1 m

Gross profit

56.4 m57.8 m

Gross profit Margin, %

87%85%

Sales and marketing expense

15.5 m16.6 m

Operating expense total

31.1 m32.9 m

EBIT

43.6 m44.7 m

EBIT margin, %

67%66%

Pre tax profit

21.5 m21.3 m

Net Income

9.1 m11.2 m14.5 m14.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

16.1 m17.6 m16.3 m18.4 m17.2 m17.6 m

Cost of goods sold

2.2 m2.1 m2.6 m2.5 m2.5 m2.9 m

Gross profit

13.9 m15.5 m13.7 m15.9 m14.7 m14.7 m

Gross profit Margin, %

86%88%84%86%85%83%

Sales and marketing expense

3.9 m3.8 m4.1 m4.1 m4.2 m4.8 m

Operating expense total

3.9 m3.8 m4.1 m4.1 m4.2 m4.8 m

EBIT

11.4 m9.9 m11 m11.3 m10.9 m12 m

EBIT margin, %

71%56%68%62%63%68%

Pre tax profit

5.8 m5.8 m4.7 m6.7 m5.1 m4.9 m

Net Income

5.5 m8.4 m3.4 m7.3 m11.1 m3.2 m7.6 m10.9 m3.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

61.5 m44.6 m37.3 m18.1 m

PP&E

19.6 m19.2 m22 m23.5 m

Goodwill

2 m2 m2 m2 m

Total Assets

1.4 b1.5 b1.5 b1.5 b

Accounts Payable

1.3 b

Total Debt

6.5 m

Total Liabilities

1.4 b

Retained Earnings

47.5 m54.3 m49.9 m59.2 m

Total Equity

123.4 m139.6 m118.2 m124.3 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0 x

Financial Leverage

11.6 x10.9 x12.3 x12.1 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

17.3 m17.6 m25.8 m18.5 m23.8 m18.1 m

PP&E

20.2 m20.7 m21.7 m21.7 m22.6 m25.2 m

Goodwill

2 m2 m2 m2 m2 m2 m

Total Assets

1.5 b1.4 b1.5 b1.5 b1.4 b1.6 b

Accounts Payable

1.3 b1.3 b1.3 b1.3 b1.3 b1.4 b

Retained Earnings

59.3 m62.1 m51.9 m55 m57.2 m61.2 m

Total Equity

145.8 m148.3 m123.3 m127.4 m129.1 m126.9 m

Financial Leverage

10.4 x9.6 x11.9 x11.5 x11.2 x12.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

9.1 m11.2 m14.5 m14.1 m

Depreciation and Amortization

2.1 m2.1 m2 m2.2 m

Cash From Operating Activities

17.2 m16.8 m17.2 m22.2 m

Cash From Investing Activities

(78.1 m)(95 m)47.2 m(67.8 m)

Dividends Paid

(4.7 m)(4.4 m)(4.6 m)(4.9 m)

Cash From Financing Activities

36.2 m61.3 m(71.7 m)26.4 m

Income Taxes Paid

2.9 m4.5 m8.4 m3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

5.5 m8.4 m3.4 m7.3 m11.1 m3.2 m7.6 m10.9 m3.3 m

Depreciation and Amortization

1.1 m1.6 m530 k1 m1.5 m530 k1.1 m1.6 m554 k

Cash From Operating Activities

9.6 m14.7 m6 m8.6 m12.8 m7.4 m11 m17.2 m2.7 m

Cash From Investing Activities

(68.6 m)(70.3 m)(27.3 m)(20.8 m)63.7 m(20 m)(17.1 m)6.5 m(72.3 m)

Dividends Paid

(2.2 m)(3.3 m)(1.1 m)(2.2 m)(3.3 m)(1.2 m)(2.4 m)(3.7 m)(1.2 m)

Cash From Financing Activities

20 m21.6 m22 m(15.1 m)(103.5 m)1.1 m(12.7 m)(37.2 m)69.6 m

Income Taxes Paid

2.8 m2.9 m400 k4.3 m6.5 m3 m3 m4.2 m
USDY, 2017

Revenue/Employee

64 k

Financial Leverage

12.4 x

First Guaranty Bancshares Market Value History

First Guaranty Bancshares Online and Social Media Presence

First Guaranty Bancshares Company Life and Culture

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