Call reports 2024
FIRST GUARANTY BANK — 2024
What FIRST GUARANTY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,552,496,000 | 3,612,458,000 | 3,921,703,000 | 3,970,383,000 |
| Total loans | 2,752,230,000 | 2,833,350,000 | 2,769,651,000 | 2,693,780,000 |
| Allowance for loan losses | 31,450,000 | 30,287,000 | 33,281,000 | 34,811,000 |
| Securities available for sale | 37,752,000 | 37,403,000 | 342,598,000 | 281,097,000 |
| Securities held to maturity | 320,981,000 | 321,244,000 | 321,508,000 | 321,773,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,070,242,000 | 3,050,279,000 | 3,435,417,000 | 3,478,801,000 |
| Interest-bearing deposits | 2,648,764,000 | 2,635,843,000 | 3,027,944,000 | 3,072,204,000 |
| Noninterest-bearing deposits | 421,478,000 | 414,436,000 | 407,473,000 | 406,597,000 |
| Equity capital | 303,995,000 | 306,476,000 | 309,792,000 | 310,558,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 52,867,000 | 106,464,000 | 163,846,000 | 221,522,000 |
| Interest expense | 29,623,000 | 60,558,000 | 93,859,000 | 127,520,000 |
| Net interest income | 23,244,000 | 45,906,000 | 69,987,000 | 94,002,000 |
| Noninterest income | 2,079,000 | 17,395,000 | 21,394,000 | 23,622,000 |
| Noninterest expense | 18,625,000 | 38,753,000 | 57,950,000 | 75,207,000 |
| Provision for loan losses | 2,554,000 | 9,909,000 | 15,312,000 | 21,563,000 |
| Pretax income | 4,389,000 | 15,432,000 | 19,428,000 | 22,380,000 |
| Income tax | 974,000 | 3,493,000 | 4,375,000 | 4,910,000 |
| Net income | 3,415,000 | 11,939,000 | 15,053,000 | 17,470,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 303,791,000 | 306,240,000 | 308,823,000 | 311,413,000 |
| Total capital | 332,931,000 | 333,667,000 | 338,744,000 | 342,634,000 |
| Risk-weighted assets | 2,922,065,000 | 2,959,256,000 | 2,904,008,000 | 2,829,940,000 |