First Guaranty Bancshares, Inc. Appoints Mineer as President and CEO

Core Viewpoint - First Guaranty Bancshares, Inc. has appointed Michael Mineer as the new President and CEO, succeeding Alton Lewis, who retired at the end of May [1] Group 1: Leadership Transition - Michael Mineer has been with First Guaranty since 2021 as the Mideast Area President and has over 35 years of banking experience [2] - Mineer previously served as President and CEO of Citizens Deposit Bank, growing its assets from $89 million to $650 million [2] - He also played a key role at Premier Financial Bancorp, helping to grow the company from $500 million to $2.2 billion [2] Group 2: Strategic Focus - Mineer aims to enhance First Guaranty Bank by leveraging technological solutions to improve operational efficiencies, reduce costs, and increase speed in delivering financial products [3] - The bank's growth has established a strong asset revenue engine, and the focus will now be on fine-tuning the capital to risk profile and improving operating efficiency to enhance shareholder value [3] Group 3: Company Overview - First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, which was founded in 1934 and offers a variety of financial services [4] - The bank operates 35 locations across Louisiana, Texas, Kentucky, and West Virginia, and its common stock trades on NASDAQ under the symbol FGBI [4]