Home

Articles from First Guaranty Bank

First Guaranty Bancshares, Inc. Announces Third Quarter 2024 Financial Results
HAMMOND, La., Oct. 31, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the third quarter and nine months ending September 30, 2024.
By First Guaranty Bank · Via GlobeNewswire · October 31, 2024
First Guaranty Bancshares, Inc. Announces Key Developments and Second Quarter 2024 Financial Results
HAMMOND, La., July 24, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its key developments and unaudited financial results for the second quarter and six months ending June 30, 2024.
By First Guaranty Bank · Via GlobeNewswire · July 24, 2024
First Guaranty Bancshares, Inc. Declares 124th Consecutive Quarterly Cash Dividend to Shareholders
HAMMOND, La., June 14, 2024 (GLOBE NEWSWIRE) -- On June 14, 2024 the Board of Directors of First Guaranty Bancshares, Inc. (“First Guaranty”) declared a quarterly cash dividend on First Guaranty’s outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of June 25, 2024 and is expected to be paid on June 28, 2024. This is the 124th consecutive quarterly dividend paid to common shareholders.
By First Guaranty Bank · Via GlobeNewswire · June 14, 2024
First Guaranty Bancshares, Inc. Appoints Mineer as President and CEO
HAMMOND, La., June 03, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. announced Michael Mineer has been appointed as First Guaranty Bancshares, Inc. and First Guaranty Bank’s President and CEO. He will succeed Alton Lewis, who announced his retirement at the end of May.
By First Guaranty Bank · Via GlobeNewswire · June 3, 2024
First Guaranty Bancshares, Inc Announces CEO Retirement
HAMMOND, La., May 29, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. announced today that Alton Lewis will retire from his role as President and Chief Executive Officer of First Guaranty Bancshares, Inc. and First Guaranty Bank in May, 2024, after a dynamic and successful tenure. Mr. Lewis has been a part of the First Guaranty family for over three decades. He began his service as Board member in 1988 and became President and CEO in 2009. Under his leadership, First Guaranty grew from a $931 million institution to what it is today, $3.6 billion. Mr. Lewis was also instrumental in coordinating the IPO of the First Guaranty stock, FGBI, in 2015. Additional notable achievements are that he successfully led his team through the COVID pandemic, maintaining consistent operations of all bank functions. These achievements, plus his focus on developing future leaders, position First Guaranty for continued success.
By First Guaranty Bank · Via GlobeNewswire · May 29, 2024
First Guaranty Bank Bridgeport, WV Branch Officially Opens
HAMMOND, La., April 22, 2024 (GLOBE NEWSWIRE) -- The First Guaranty Bank Bridgeport, West Virginia branch is officially open in its new location at 1000 Jerry Dove Dr in the Market Place business complex in Bridgeport. First Guaranty’s local and established team is committed to providing complete banking solutions, lending and small business services to the community.
By First Guaranty Bank · Via GlobeNewswire · April 22, 2024
First Guaranty Bancshares, Inc. Announces Fourth Quarter 2023 Results
HAMMOND, La., Feb. 05, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter and year ending December 31, 2023.
By First Guaranty Bank · Via GlobeNewswire · February 5, 2024
First Guaranty Bancshares, Inc. Declares 122nd Consecutive Quarterly Cash Dividend to Shareholders
HAMMOND, La., Nov. 21, 2023 (GLOBE NEWSWIRE) -- On November 16, 2023 the Board of Directors of First Guaranty Bancshares, Inc. (“First Guaranty”) declared a quarterly cash dividend on First Guaranty’s outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of December 22, 2023 and is expected to be paid on December 29, 2023. This is the 122nd consecutive quarterly dividend paid to common shareholders.
By First Guaranty Bank · Via GlobeNewswire · November 21, 2023
First Guaranty Bancshares, Inc. Announces Third Quarter 2023 Results
HAMMOND, La., Oct. 31, 2023 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter ending September 30, 2023.
By First Guaranty Bank · Via GlobeNewswire · October 31, 2023
First Guaranty Bancshares, Inc. Declares 4th Quarter 2023 Preferred Stock Dividend
HAMMOND, La., Oct. 23, 2023 (GLOBE NEWSWIRE) -- On October 19, 2023 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") announced that on December 1, 2023, holders of record as of November 15, 2023 (the "Depository Shares Record Date") of its depositary shares (the "Depositary Shares"), each representing a 1/40th interest in the Corporation's 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock"), will receive a quarterly distribution in the amount of $0.421875 per Depositary Share, resulting from First Guaranty's declaration of a $16.875 per share of Series A Preferred Stock quarterly cash dividend, which underlies the Depositary Shares. On December 1, 2023, the Series A Preferred Stock dividend will be paid to the depositary for the Series A Preferred Stock. The depositary will, in turn, distribute such dividend to the holders of record of the Depositary Shares as of the Depositary Shares Record Date.
By First Guaranty Bank · Via GlobeNewswire · October 23, 2023
First Guaranty Bancshares, Inc. Announces Second Quarter 2023 Results
HAMMOND, La., Aug. 09, 2023 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter ending June 30, 2023.
By First Guaranty Bank · Via GlobeNewswire · August 9, 2023
Adjournment of Lone Star Bank Special Meeting of Shareholders Until July 11, 2023
HOUSTON, June 07, 2023 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. (Nasdaq: FGBI) (“First Guaranty”) previously filed a proxy statement/prospectus with respect to a special meeting of the shareholders of Lone Star Bank (“Lone Star”) to be held on Tuesday, June 13, 2023 at 10:00 a.m., local time, at the Hilton Houston Westchase, 9999 Westheimer Rd., Houston, Texas 77042 (the “Special Meeting”) to, among other things, vote on a proposal to approve the Agreement and Plan of Merger, dated January 6, 2023 (the “Merger Agreement”), by and among First Guaranty, First Guaranty Bank, a Louisiana state bank and First Guaranty’s wholly-owned banking subsidiary, and Lone Star, pursuant to which Lone Star will merge with and into First Guaranty Bank, with First Guaranty Bank surviving the merger (the “Merger”), and the transactions contemplated by the Merger Agreement, including the Merger (the “Merger Proposal”).
By First Guaranty Bank · Via GlobeNewswire · June 7, 2023
First Guaranty Bancshares, Inc. Announces Private Placement
HAMMOND, La., May 24, 2023 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. (“First Guaranty”) (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced today that it has completed a private placement offering of $10 million through the sale of 714,286 shares of common stock at $14 per share. This was accomplished by the unanimous participation of its Board of Directors and the Board of Directors of First Guaranty Bank, along with certain accredited investors within the banking organization.
By First Guaranty Bank · Via GlobeNewswire · May 24, 2023
First Guaranty Reports Net Income of $28.9 Million for the Year 2022 and Fourth Quarter 2022 Net Income of $5.1 Million; Earnings Per Common Share Increased to $2.48 for the Year 2022 Compared to $2.42 for the Year 2021
HAMMOND, La., Jan. 31, 2023 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter and year ending December 31, 2022.
By First Guaranty Bank · Via GlobeNewswire · January 31, 2023
First Guaranty Bancshares, Inc. and Lone Star Bank: A Match Made in Bluebonnet Heaven
HAMMOND, La. and HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. (Nasdaq: FGBI) – First Guaranty Bank (“FGB”), a wholly owned subsidiary of First Guaranty Bancshares, Inc. (“First Guaranty”), is growing! Selected by Newsweek in 2021, 2022 and 2023 as America’s “Best Small Bank”, FGB is at it again and set to grow with a definitive agreement for the purchase of Lone Star Bank (“Lone Star”) in an all-stock transaction.
By First Guaranty Bank · Via GlobeNewswire · January 9, 2023
First Guaranty Bank named Best Small Bank in America and Louisiana by Newsweek for the Third Year in a Row
HAMMOND. La., Nov. 21, 2022 (GLOBE NEWSWIRE) -- For the third year in a row, First Guaranty Bank has been named the Best Small Bank in America and Louisiana by Newsweek, a premier news magazine and website. This year’s rankings aim to help customers find the financial institution that best serves their needs. First Guaranty Bank was named the Best Small Bank in Louisiana and The Best Small Bank in America. To be considered for the award of Best Small Bank, banks need to hold $10 billion or less in assets and maintain at least twenty branches.
By First Guaranty Bank · Via GlobeNewswire · November 21, 2022
First Guaranty Bancshares, Inc. Declares 118th Consecutive Quarterly Cash Dividend to Shareholders
HAMMOND, La., Nov. 21, 2022 (GLOBE NEWSWIRE) -- On November 17, 2022 the Board of Directors of First Guaranty Bancshares, Inc. (“First Guaranty”) declared a quarterly cash dividend on First Guaranty’s outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of December 23, 2022 and is expected to be paid on December 30, 2022. This is the 118th consecutive quarterly dividend paid to common shareholders.
By First Guaranty Bank · Via GlobeNewswire · November 21, 2022
First Guaranty Bank Receives Regulatory Approval for New Branches in Mideast Market
FGB solidifies move into Mideast Market with official regulatory approval
By First Guaranty Bank · Via GlobeNewswire · November 7, 2022
First Guaranty Reports Net Income of $8.1 Million for the Third Quarter of 2022; Earnings Per Common Share Increased to $0.70 for the Third Quarter of 2022 Compared to $0.67 for the Third Quarter of 2021
HAMMOND, La., Oct. 28, 2022 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter ending September 30, 2022.
By First Guaranty Bank · Via GlobeNewswire · October 28, 2022
First Guaranty Reports Net Income of $8.1 Million for the Second Quarter of 2022; Earnings Per Common Share Increased to $0.70 for the Second Quarter of 2022 Compared to $0.58 for the Second Quarter of 2021
HAMMOND, La., July 27, 2022 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter ending June 30, 2022.
By First Guaranty Bank · Via GlobeNewswire · July 27, 2022