First Guaranty reports Q1 loan interest income $38.1M; deposits $2.86B

First Guaranty Bancshares, Inc.

Loan interest income Q1 2023 $38.15M, up from $28.04M in Q1 2022 and $35.58M in Q4 2022.
Total deposits $2.86B at March 31, 2023, compared to $2.62B a year earlier.
Acquisition of Lone Star Bank progressing through regulatory process; branch approved in Fate, Texas.
CEO states company has 'moved past the worst period' of interest expense pressure.
Paid 119th consecutive quarterly cash dividend; no per-share amount disclosed.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

First Guaranty Bancshares, Inc. reported the first quarter of 2023 results: revenue $38,149,000.

Period: the first quarter of 2023
Revenue: $38,149,000
Result: reported results

Exact text from the filing

Our loan interest income for the first quarter of 2023 totaled $38,149,000

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Source: SEC EDGAR

accession 0001408534-23-000035

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