Financial insights of FGBIP

MyFinsight

For the quarter ending 2025-09-30, FGBIP made $108,156K in revenue. -$45,585K in net income. Net profit margin of -42.15%.

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

Income Statement	2025-09-30	2025-06-30
Loans (including fees)	39,325	41,013
Deposits with other banks	7,777	7,511
Securities (including fhlb stock)	6,398	5,797
Total interest income	53,500	54,321
Demand deposits	13,185	12,708
Savings deposits	1,058	1,336
Time deposits	14,519	15,196
Borrowings	2,500	2,841
Total interest expense	31,262	32,081
Net interest income	22,238	22,240
Less provision for credit losses	47,933	16,610
Net interest income (loss) after provision for credit losses	-25,695	5,630
Service charges, commissions and fees	832	834
Atm and debit card fees	741	778
Net gains on securities	0	0
Net gains on sale of loans	0	0
Net (losses) gains on sale of assets	-366	0
Other	653	544
Total noninterest income	1,860	2,156
Salaries and employee benefits	7,465	7,843
Occupancy and equipment expense	2,605	2,605
Goodwill impairment	12,900	-
Other	7,205	6,819
Total noninterest expense	30,175	17,267
(loss) income before income taxes	-54,010	-9,481
Less (benefit) provision for income taxes	-9,007	-2,178
Net (loss) income	-45,003	-7,303
Less preferred stock dividends	582	582
Net (loss) income available to common shareholders	-45,585	-7,885

(loss) earnings (in dollars per share)	-3.01	-0.61
Weighted average common shares outstanding (in shares)	15,122,702	12,910,785