fgbi: the income statement

MyFinsight

For the quarter ending 2025-06-30, FGBI made $103,647K in revenue. -$7,885K in net income. Net profit margin of -7.61%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-06-30
Time deposits	15,196
Savings deposits	1,336
Demand deposits	12,708
Borrowings	2,841
Total interest expense	32,081
Deposits with other banks	7,511
Loans (including fees)	41,013
Securities (including fhlb stock)	5,797
Total interest income	54,321
Net interest income	22,240
Less provision for credit losses	16,610
Net interest income after provision for credit losses	5,630
Other	544
Net gains on sale of loans	0
Net gains on sale of assets	0
Net gains on securities	0
Atm and debit card fees	778
Service charges, commissions and fees	834
Total noninterest income	2,156
Other	6,819
Occupancy and equipment expense	2,605
Salaries and employee benefits	7,843
Total noninterest expense	17,267
(loss) income before income taxes	-9,481
Less (benefit) provision for income taxes	-2,178
Net (loss) income	-7,303
Less preferred stock dividends	582
Net (loss) income available to common shareholders	-7,885

(loss) earnings (in dollars per share)	-0.61
Weighted average common shares outstanding (in shares)	12,910,785