Financial insights of FGBIP

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31
Loans (including fees)	158,607
Deposits with other banks	29,643
Securities (including fhlb stock)	25,029
Total interest income	213,279
Demand deposits	49,590
Savings deposits	4,629
Time deposits	61,287
Borrowings	10,831
Total interest expense	126,337
Net interest income	86,942
Less provision for credit losses	81,729
Net interest income after provision for credit losses	5,213
Service charges, commissions and fees	3,287
Atm and debit card fees	2,961
Net gains on sale of loans	0
Net (losses) gains on sale of assets	-524
Other	2,752
Total noninterest income	8,476
Salaries and employee benefits	30,470
Occupancy and equipment expense	10,282
Goodwill impairment	12,900
Other	28,597
Total noninterest expense	82,249
(loss) income before income taxes	-68,560
(benefit) provision for income taxes	-12,538
Net (loss) income	-56,022
Less preferred stock dividends	2,328
Net (loss) income available to common shareholders	-58,350

Basic EPS	-4.17
Basic Average Shares	13,985,460