First Guaranty Bancshares Management

Management criteria checks 4/4

First Guaranty Bancshares' CEO is Alton Lewis, appointed in Oct 2009, has a tenure of 14.5 years. total yearly compensation is $493.52K, comprised of 94.2% salary and 5.8% bonuses, including company stock and options. directly owns 0.9% of the company’s shares, worth €1.05M. The average tenure of the management team and the board of directors is 13.9 years and 15.9 years respectively.

Key information

Alton Lewis

Chief executive officer

US$493.5k

Total compensation

CEO salary percentage	94.2%
CEO tenure	14.5yrs
CEO ownership	0.9%
Management average tenure	13.9yrs
Board average tenure	15.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alton Lewis's remuneration changed compared to First Guaranty Bancshares's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$494k	US$465k	US$7m
Sep 30 2023	n/a	n/a	US$11m
Jun 30 2023	n/a	n/a	US$17m
Mar 31 2023	n/a	n/a	US$22m
Dec 31 2022	US$498k	US$428k	US$27m
Sep 30 2022	n/a	n/a	US$29m
Jun 30 2022	n/a	n/a	US$29m
Mar 31 2022	n/a	n/a	US$28m
Dec 31 2021	US$551k	US$396k	US$26m
Sep 30 2021	n/a	n/a	US$25m
Jun 30 2021	n/a	n/a	US$23m
Mar 31 2021	n/a	n/a	US$22m
Dec 31 2020	US$524k	US$371k	US$20m
Sep 30 2020	n/a	n/a	US$18m
Jun 30 2020	n/a	n/a	US$17m
Mar 31 2020	n/a	n/a	US$15m
Dec 31 2019	US$500k	US$346k	US$14m
Sep 30 2019	n/a	n/a	US$13m
Jun 30 2019	n/a	n/a	US$12m
Mar 31 2019	n/a	n/a	US$14m
Dec 31 2018	US$474k	US$333k	US$14m
Sep 30 2018	n/a	n/a	US$14m
Jun 30 2018	n/a	n/a	US$14m
Mar 31 2018	n/a	n/a	US$12m
Dec 31 2017	US$483k	US$323k	US$12m

Compensation vs Market: Alton's total compensation ($USD493.52K) is about average for companies of similar size in the German market ($USD406.04K).

Compensation vs Earnings: Alton's compensation has been consistent with company performance over the past year.

CEO

Alton Lewis (74 yo)

14.5yrs

Tenure

US$493,516

Compensation

Mr. Alton B. Lewis, Jr. has been the Chief Executive Officer and President of First Guaranty Bank and also its holding company First Guaranty Bancshares, Inc. since October 1, 2009. Mr. Lewis has been the...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alton Lewis	Vice Chairman	14.5yrs	US$493.52k	0.90% $ 1.0m
Eric Dosch	Treasurer	13.9yrs	US$200.21k	0.24% $ 280.5k
Amanda Barnett	Senior VP & General Counsel	no data	no data	0.0019% $ 2.2k
Michael Mineer	Kentucky & West Virginia Area President	2.3yrs	no data	no data
Kevin Foster	Senior VP & Regional Manager Denham Springs	no data	no data	no data
Gregory Prudhomme	Senior VP & Regional Manager of Central Louisiana	no data	no data	no data

13.9yrs

Average Tenure

57yo

Average Age

Experienced Management: 1GJ's management team is seasoned and experienced (13.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alton Lewis	Vice Chairman	22.3yrs	US$493.52k	0.90% $ 1.0m
Marshall Reynolds	Independent Chairman of the Board	31.3yrs	US$39.70k	20.89% $ 24.3m
William Hood	Independent Director	27.3yrs	US$62.19k	7.91% $ 9.2m
Edgar Smith	Independent Director	9.5yrs	US$29.59k	9.31% $ 10.8m
Vanessa Drew	Director	1.6yrs	no data	0.039% $ 45.9k
Jack Rossi	Independent Director	6.2yrs	US$37.22k	0.042% $ 48.5k

15.9yrs

Average Tenure

73yo

Average Age

Experienced Board: 1GJ's board of directors are seasoned and experienced ( 15.9 years average tenure).

First Guaranty Bancshares Management

Management criteria checks 4/4

Key information

Recent management updates

First Guaranty Bancshares, Inc., Annual General Meeting, May 16, 2024

Independent Chairman of the Board recently sold €182k worth of stock

High number of new directors

First Guaranty Bancshares, Inc. Elects Vanessa R. Drew to the Board of Directors

Insufficient new directors

First Guaranty Bancshares, Inc., Annual General Meeting, May 19, 2022

Recent updates

First Guaranty Bancshares, Inc., Annual General Meeting, May 16, 2024

Full year 2023 earnings released: EPS: US$0.62 (vs US$2.48 in FY 2022)

Upcoming dividend of US$0.16 per share

Fourth quarter dividend of US$0.16 announced

Full year 2023 earnings released: EPS: US$0.62 (vs US$2.48 in FY 2022)

Investor sentiment improves as stock rises 17%

Upcoming dividend of US$0.16 per share at 6.0% yield

First Guaranty Bancshares, Inc. Declares a Quarterly Cash Dividend, Payable on December 29, 2023

Third quarter 2023 earnings released: EPS: US$0.10 (vs US$0.70 in 3Q 2022)

Upcoming dividend of US$0.16 per share at 5.7% yield

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 29, 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.19 (vs US$0.70 in 2Q 2022)

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 17%

First Guaranty Bancshares, Inc.(NasdaqGM:FGBI) dropped from Russell Small Cap Comp Growth Index

Upcoming dividend of US$0.16 per share at 4.9% yield

Investor sentiment improves as stock rises 16%

First Guaranty Bancshares, Inc. announced that it has received $10.000004 million in funding

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2023

Investor sentiment deteriorates as stock falls 20%

Full year 2022 earnings released: EPS: US$2.48 (vs US$2.42 in FY 2021)

Upcoming dividend of US$0.16 per share at 4.1% yield

Investor sentiment deteriorates as stock falls 17%

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2023

Full year 2022 earnings released: EPS: US$2.48 (vs US$2.42 in FY 2021)

Upcoming dividend of US$0.16 per share

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on December 30, 2022

Independent Chairman of the Board recently sold €182k worth of stock

High number of new directors

Third quarter 2022 earnings released: EPS: US$0.70 (vs US$0.67 in 3Q 2021)

First Guaranty Bancshares, Inc. Elects Vanessa R. Drew to the Board of Directors

Upcoming dividend of US$0.16 per share

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 30, 2022

Second quarter 2022 earnings released: EPS: US$0.70 (vs US$0.58 in 2Q 2021)

Upcoming dividend of US$0.16 per share

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend on Common Stock, Expected to Be Paid on June 30, 2022

First quarter 2022 earnings released: EPS: US$0.65 (vs US$0.47 in 1Q 2021)

Insufficient new directors

First Guaranty Bancshares, Inc., Annual General Meeting, May 19, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.16 per share

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.16 per share

Third quarter 2021 earnings released: EPS US$0.74 (vs US$0.53 in 3Q 2020)

Upcoming dividend of US$0.16 per share

Second quarter 2021 earnings released: EPS US$0.64 (vs US$0.53 in 2Q 2020)

First Guaranty Bancshares, Inc.(NasdaqGM:FGBI) dropped from Russell 2000 Defensive Index

Independent Director recently bought €66k worth of stock

Upcoming dividend of US$0.16 per share

Independent Director recently bought €58k worth of stock

Independent Director recently bought €68k worth of stock

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2021

First quarter 2021 earnings released: EPS US$0.52 (vs US$0.39 in 1Q 2020)

First quarter 2021 earnings released: EPS US$0.52 (vs US$0.39 in 1Q 2020)

Full year 2020 earnings released: EPS US$2.09 (vs US$1.47 in FY 2019)

New 90-day high: €16.30

Upcoming Dividend of US$0.16 Per Share

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS US$2.09 (vs US$1.47 in FY 2019)

New 90-day high: €16.00

Third quarter 2020 earnings released: EPS US$0.53

Market bids up stock over the past week

New 90-day high: €13.00

Third quarter 2020 earnings released: EPS US$0.53

First half earnings released

New 90-day low - €10.30

CEO Compensation Analysis