First Guaranty Bancshares Q3 loan growth to $2.71B; interest income up to $47.6M

First Guaranty Bancshares, Inc.

Loan portfolio grew to $2.708B as of Sep 30, 2023 vs $2.599B at Jun 30, 2023.
Total interest income for Q3 2023 was $47.627M, up from $43.781M in Q2 2023.
Non-interest expense for Q3 2023 was $19.996M, roughly flat vs $19.735M in Q2.
CEO states bank 'passed the bottom' in deposit cost squeeze and is making progress.
No net income or EPS figures provided; financial statement details not fully disclosed.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

First Guaranty Bancshares, Inc. reported financial results for the quarter ending September 30, 2023.

Period: the quarter ending September 30, 2023
Result: reported results

Exact text from the filing

On October 27, 2023, First Guaranty Bancshares, Inc. issued a press release reporting its financial results at and for the three months and nine months ended September 30, 2023.

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Source: SEC EDGAR

accession 0001408534-23-000087

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