First Guaranty Bancshares (First Guaranty Bancshares) Allowance For Loans And Lease Losses

: $-29.50 Mil (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

First Guaranty Bancshares's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-29.50 Mil.

First Guaranty Bancshares's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-29.67 Mil) to Sep. 2023 ($-29.85 Mil) but then increased from Sep. 2023 ($-29.85 Mil) to Dec. 2023 ($-29.50 Mil).

First Guaranty Bancshares's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-21.54 Mil) to Dec. 2022 ($-21.01 Mil) but then declined from Dec. 2022 ($-21.01 Mil) to Dec. 2023 ($-29.50 Mil).

First Guaranty Bancshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for First Guaranty Bancshares's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Guaranty Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

-10.93

-23.94

-21.54

-21.01

-29.50

First Guaranty Bancshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses																-21.01	-29.03	-29.67	-29.85	-29.50

First Guaranty Bancshares Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

First Guaranty Bancshares Allowance For Loans And Lease Losses Related Terms

Thank you for viewing the detailed overview of First Guaranty Bancshares's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.

First Guaranty Bancshares (First Guaranty Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Guaranty Bancshares Inc (NAS:FGBI) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

FGBIP.PFD:USA

Address

400 East Thomas Street, Hammond, LA, USA, 70401

Website

https://www.fgb.net

First Guaranty Bancshares Inc provides personalized commercial banking services to its customers in Louisiana, through several banking facilities in the Market Services Areas. Its principal business activity includes attracting deposits and investing it together with funds generated from operations and borrowings insecurities and in lending activities to serve the credit needs of its customer base. The company offers commercial real estate loans, commercial and industrial loans, construction and land development loans, agricultural and farmland loans, and to a lesser extent, consumer and multifamily loans.

Executives

Vanessa R Drew	director	400 EAST THOMAS STREET, HAMMOND LA 70401
Amanda Wood Barnett	officer: General Counsel	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Smith Edgar R. Iii	director	400 EAST THOMAS STREET, HAMMOND LA 70401
William K Hood	director	400 EAST THOMAS STREET, HAMMOND LA 70401
Marshall T Reynolds	director, 10 percent owner, officer: Chairman of the Board	2450 FIRST AVENUE, HUNTINGTON WV 25704
Smith & Hood Holding Company, Llc	10 percent owner	11239 HIGHWAY 16, AMITE LA 70422
Eric Dosch	officer: SVP and CFO	2450 FIRST AVENUE, HUNTINGTON WV 25703
Jack Rossi	director	400 EAST THOMAS STREET, HAMMOND LA 70401
Lewis Alton B Jr	officer: Chief Executive Officer	400 EAST THOMAS STREET, HAMMOND LA 70401
Glenda Baskin Glover	director	911 E. WINDING CREEK DRIVE, SUITE 150, EAGLE ID 83616
Smith & Hood Investments, Llc	10 percent owner	P.O. BOX 367, AMITE LA 70422
Gary A Simanson	director	717 KING STREET, ALEXANDRIA VA 22314
Michael R. Sharp	officer: President and CLO	400 EAST THOMAS STREET, HAMMOND LA 70401
Michele E. Lobianco	officer: Chief Financial Officer	400 EAST THOMAS STREET, HAMMOND LA 70401
Loy F. Weaver	officer: Executive Vice President	400 EAST THOMAS STREET, HAMMOND LA 70401