Attached files
| file | filename |
|---|---|
| EX-99.1 - PRESS RELEASE DATED OCTOBER 31, 2016 - First Guaranty Bancshares, Inc. | fgbpressrelease11012016.htm |
| 8-K - 8-K - First Guaranty Bancshares, Inc. | fgb8k_11012016.htm |
EX. 99-2
Book value per share dilution
First Guaranty calculated the book value per share dilution by accounting for the 10% common stock dividend paid on December 17, 2015 and its impact on the per share book value post stock dividend. The original dilution was estimated at $1.56 per share. First Guaranty's retained earnings have increased by $7.3 million since 12/31/2015 which is $0.96 per share. The dilution calculation removes changes in AOCI that affect total GAAP book value.