GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Guaranty Bancshares Inc (NAS:FGBI) » Definitions » Scaled Net Operating Assets

First Guaranty Bancshares (First Guaranty Bancshares) Scaled Net Operating Assets : 0.04 (As of Dec. 2023)


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

What is First Guaranty Bancshares Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Guaranty Bancshares's operating assets for the quarter that ended in Dec. 2023 was $3,183.17 Mil. First Guaranty Bancshares's operating liabilities for the quarter that ended in Dec. 2023 was $3,034.04 Mil. First Guaranty Bancshares's Total Assets for the quarter that ended in Sep. 2023 was $3,418.23 Mil. Therefore, First Guaranty Bancshares's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.04.

First Guaranty Bancshares Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Guaranty Bancshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(3266.658-3034.042)/3151.347
=0.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3552.772 - 286.114
=3266.658

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3303.141 - 209.099 - 60
=3034.042

First Guaranty Bancshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(3183.173-3034.042)/3418.234
=0.04

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3552.772 - 369.599
=3183.173

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3303.141 - 209.099 - 60
=3034.042

* 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.

First Guaranty Bancshares Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of First Guaranty Bancshares's Scaled Net Operating Assets 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 » Scaled Net Operating Assets
Comparable Companies
CFFI UBFO FCCO PWOD UNB HWBK TYCB FRAF BFIN ISBA NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
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