First Guaranty Bancshares, Inc.
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 14, 2026
FGBI$12.99+5.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)
| Six Months Ended June 30, | ||
|---|---|---|
| (in thousands) | 2026 | 2025 |
| Cash Flows From Operating Activities | ||
| Net income (loss) | $6,174 | $(13,469) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Provision for credit losses | 5,250 | 31,158 |
| Depreciation and amortization | 1,997 | 2,189 |
| Change in right of use asset | 11,028 | 251 |
| Amortization/Accretion of investments | (2,107) | (2,105) |
| (Gain) loss on sale/call of securities | (1) | — |
| Gain on sale of assets | (44) | (4) |
| Repossessed asset write downs, gains and losses on dispositions | 127 | 24 |
| Interest expense paid-in-kind | 1,617 | 708 |
| FHLB stock dividends | (227) | (250) |
| Change in operating lease liabilities | (11,098) | (233) |
| Change in other assets and liabilities, net | 37,168 | (31,197) |
| Net Cash Provided By (Used In) Operating Activities | 49,884 | (12,928) |
| Cash Flows From Investing Activities | ||
| Proceeds from maturities and calls of HTM securities | — | — |
| Proceeds from maturities, calls and sales of AFS securities | 112,646 | 119,937 |
| Funds invested in certificates of deposit | — | — |
| Funds invested in AFS securities | (338,108) | (231,470) |
| Funds invested in preferred securities | — | — |
| Proceeds from redemption of preferred securities | — | — |
| Funds invested in Federal Home Loan Bank stock | — | — |
| Proceeds from sale/redemption of Federal Home Loan Bank stock | — | — |
| Net decrease in loans | 290,965 | 268,151 |
| Purchase of premises and equipment | (14,819) | (481) |
| Proceeds from sales of premises and equipment | 338 | 4 |
| Proceeds from sales of other real estate owned | 7,173 | 130 |
| Net Cash Provided By Investing Activities | 58,195 | 156,271 |
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| Cash Flows From Financing Activities | ||
|---|---|---|
| Net (decrease) increase in deposits | (175,825) | 5,078 |
| Net increase in federal funds purchased and short-term borrowings | 108 | 108 |
| Proceeds from long-term borrowings | — | — |
| Repayment of long-term borrowings | — | (1,008) |
| Proceeds from subordinated debentures | — | — |
| Proceeds from issuance of common stock | 5,000 | 4,559 |
| Dividends paid on preferred stock | (1,164) | (1,164) |
| Dividends paid on common stock | (323) | (254) |
| Net Cash (Used In) Provided By Financing Activities | (172,204) | 7,319 |
| Net (Decrease) Increase In Cash and Cash Equivalents | (64,125) | 150,662 |
| Cash and Cash Equivalents at the Beginning of the Period | 845,701 | 564,208 |
| Cash and Cash Equivalents at the End of the Period | $781,576 | $714,870 |
| Noncash Activities: | ||
| Acquisition of real estate in settlement of loans | $1,921 | $7,515 |
| Common stock issued for payment-in-kind | $1,617 | $708 |
| Common stock issued for debt conversion | $— | $15,000 |
| Cash Paid During The Period: | ||
| Interest on deposits and borrowed funds | $60,734 | $65,260 |
| Federal income taxes | $(1,600) | $2,500 |
| State income taxes | $— | $— |
See Notes to the Consolidated Financial Statements.
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