FIRST GUARANTY BANCSHARES, INC. (NASDAQ:FGBI) Files An 8-K Other Events
Item 8.01. Other Events
OnFebruary 21, 2019 the Board of Directors of First Guaranty Bancshares, Inc. (“First Guaranty”) declared aquarterly cash dividend on First Guaranty’s outstanding shares of common stock of $0.16 per share.The dividend will be payable to shareholders of record as of March 22, 2019 and is expected to be paid onMarch 29, 2019. This is the 103rdconsecutive quarterly dividend paid to common shareholders.
About FIRST GUARANTY BANCSHARES, INC. (NASDAQ:FGBI)
First Guaranty Bancshares, Inc. is a bank holding company. The Company operates through its owned subsidiary, First Guaranty Bank (the Bank). The Bank offers personalized commercial banking services to Louisiana customers, through approximately 20 banking facilities located in the Market Services Areas (MSAs). Its principal business consists of attracting deposits from the general public and local municipalities in its market areas and investing those deposits, together with funds generated from operations and borrowings in securities and in lending activities to serve the credit needs of its customer base, including commercial real estate loans, commercial and industrial loans, one- to four-family residential real estate loans, construction and land development loans, agricultural and farmland loans, and to a lesser extent, consumer and multifamily loans. It also participates in certain syndicated loans, including shared national credits, with other financial institutions.