First Guaranty Bancshares Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Mike Mineer
Chief executive officer
US$622.6k
Total compensation
| CEO salary percentage | 58.2% |
| CEO tenure | 1yr |
| CEO ownership | 0.01% |
| Management average tenure | no data |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$2m |
| Dec 31 2024 | US$623k | US$363k | US$10m |
Compensation vs Market: Mike's total compensation ($USD622.55K) is about average for companies of similar size in the US market ($USD662.67K).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
CEO
Mike Mineer (57 yo)
1yr
Tenure
US$622,553
Compensation
Mr. Michael Ray Mineer, also known as Mike, was the Kentucky and West Virginia Area President at First Guaranty Bancshares, Inc. until May 2024 and serves as its CEO & President since May 2024 and served a...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 32.3yrs | US$30.45k | 21.37% $ 26.1m | |
| Independent Director | less than a year | no data | 0.047% $ 57.7k | |
| Independent Director | 28.3yrs | US$43.97k | 10.48% $ 12.8m | |
| Independent Director | 10.6yrs | US$26.82k | 10.21% $ 12.5m | |
| Independent Vice Chairman | 23.3yrs | US$475.15k | 0.89% $ 1.1m | |
| Independent Director | less than a year | US$27.55k | 1.39% $ 1.7m | |
| no data | no data | no data | ||
| Director | 2.7yrs | no data | 0.041% $ 50.1k | |
| Independent Director | 7.3yrs | US$29.80k | 0.041% $ 50.1k |
8.9yrs
Average Tenure
75yo
Average Age
Experienced Board: FGBI.P's board of directors are considered experienced (8.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/11 03:15 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Guaranty Bancshares, Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Burkenroad Reports |
| Christopher Marinac | Janney Montgomery Scott LLC |
| Casey Orr Whitman | Piper Sandler Companies |