First Guaranty Bancshares Inc
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
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FY2023 · Filed Mar 15, 2024
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Item 2. Properties
First Guaranty does not directly own any real estate, but it does own real estate indirectly through the Bank. The Bank operates 36 banking facilities. The following table sets forth certain information relating to each office. The net book value of premises and equipment at all branch locations, including the raw land of branches under development, at December 31, 2023 totaled $69.8 million. We believe that our properties are adequate for our business operations as they are currently being conducted.
| Location | Use of Facilities | Year FacilityOpened or Acquired | Owned/Leased |
|---|---|---|---|
| First Guaranty Square400 East Thomas StreetHammond, LA 70401 | First Guaranty Bank's Main Office | 1975 | Owned |
| 2111 West Thomas StreetHammond, LA 70401 | Guaranty West Banking Center | 1974 | Owned |
| 455 West Railroad AvenueIndependence, LA 70443 | Independence Banking Center | 1979 | Owned |
| 301 Avenue FKentwood, LA 70444 | Kentwood Banking Center | 1975 | Owned |
| 189 Burt BlvdBenton, LA 71006 | Benton Banking Center | 2010 | Owned |
| 126 South Hwy. 1Oil City, LA 71061 | Oil City Banking Center | 1999 | Owned |
| 401 North 2nd StreetHomer, LA 71040 | Homer Main Banking Center | 1999 | Owned |
| 10065 Hwy 79Haynesville, LA 71038 | Haynesville Banking Center | 1999 | Owned |
| 117 East Hico StreetDubach, LA 71235 | Dubach Banking Center | 1999 | Owned |
| 102 East Louisiana AvenueVivian, LA 71082 | Vivian Banking Center | 1999 | Owned |
| 500 North Cary AvenueJennings, LA 70546 | Jennings Banking Center | 1999 | Owned |
| 799 West Summers DriveAbbeville, LA 70510 | Abbeville Banking Center | 1999 | Owned |
| 2231 S. Range AvenueDenham Springs, LA 70726 | Denham Springs Banking Center | 2005 | Owned |
| 500 West Pine StreetPonchatoula, LA 70454 | Ponchatoula Banking Center | 2016 | Owned |
| 29815 Walker Rd SWalker, LA 70785 | Walker Banking Center | 2007 | Owned |
| 6151 Hwy 10Greensburg, LA 70441 | Greensburg Banking Center | 2011 | Owned |
| 723 Avenue GKentwood, LA 70444 | Kentwood West Banking Center | 2011 | Owned |
| 35651 Hwy 16Montpelier, LA 70422 | Montpelier Banking Center | 2011 | Owned |
| 33818 Hwy 16Denham Springs, LA 70706 | Watson Banking Center | 2011 | Owned |
| 8951 Synergy Dr. #100McKinney, TX 75070 | McKinney Banking Center | 2017 | Owned |
| 7600 Woodway DriveWaco, TX 76712 | Waco Banking Center | 2017 | Owned |
| 2209 W. University Dr.Denton, TX 76201 | Denton Banking Center | 2017 | Owned |
| 2001 N. Handley Ederville RoadFort Worth, TX 76118 | Fort Worth Banking Center | 2017 | Owned |
| 603 Main Street #101Garland, TX 75040 | Garland Banking Center | 2017 | Leased |
| 4221 Airline DriveBossier City, LA 71111 | Bossier City Banking Center | 2017 | Owned |
| 4740 Nelson Rd #320Lake Charles, LA 70605 | Lake Charles Loan Production Office | 2019 | Leased |
| 632 West Oak StreetAmite, LA 70422 | Amite Banking Center | 2019 | Owned |
| 1701 Metro DriveAlexandria, LA 71301 | Alexandria Banking Center | 2019 | Owned |
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| 1110 Shirley RoadBunkie, LA 71322 | Bunkie Banking Center | 2019 | Owned |
|---|---|---|---|
| 2705 Main StreetHessmer, LA 71341 | Hessmer Banking Center | 2019 | Owned |
| 305 North Main StreetMarksville, LA 71351 | Marksville Banking Center | 2019 | Owned |
| 211 East Tunica DriveMarksville, LA 71351 | Tunica Banking Center | 2019 | Owned |
| 10710 Highway 1Moreauville, LA 71355 | Moreauville Banking Center | 2019 | Owned |
| 40 Pinecrest DrivePineville, LA 71360 | Pineville Banking Center | 2019 | Owned |
| 15 Second StreetVanceburg, Kentucky 41179 | Vanceburg Banking Center | 2021 | Owned |
| 173 Bombardier Way, Jct. Routes 50 and 76Bridgeport, West Virginia 26330 | Bridgeport Loan and Deposit Production Office | 2021 | Leased |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.