Item 5 - Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities
−Removed: Shares of our common stock are traded on the NASDAQ Global Marketplace under the symbol "FGBI".
+Added: Shares of our common stock are traded on the NASDAQ Global Market under the symbol "FGBI".
As of December 31, 2020, there were approximately 1,600 holders of record of our common stock.
10 unchanged sentences
First Guaranty Bancshares, Inc.
−Removed: did not repurchase any of its shares of common stock during the fourth quarter of 2019.
+Added: did not repurchase any of its shares of common stock during 2020.
Item 6 - Selected Financial Data
8 unchanged sentences
Allowance for loan losses $ 24,518 $ 10,929 $ 10,776 $ 9,225 $ 11,114
+Added: Total assets $ 2,473,078 $ 2,117,216 $ 1,817,211 $ 1,750,430 $ 1,500,946
Total deposits $ 2,166,318 $ 1,853,013 $ 1,629,622 $ 1,549,286 $ 1,326,181
+Added: Borrowings $ 116,630 $ 86,747 $ 34,538 $ 52,938 $ 43,230
Shareholders' equity $ 178,591 $ 166,035 $ 147,284 $ 143,983 $ 124,349
26 unchanged sentences
Earnings before income taxes $ 25,537 $ 17,897 $ 17,675 $ 19,150 $ 21,257
+Added: Net income $ 20,318 $ 14,241 $ 14,213 $ 11,751 $ 14,093
Net income available to common shareholders $ 20,318 $ 14,241 $ 14,213 $ 11,751 $ 14,093
Per Common Share Data:
+Added: Net earnings $ 2.09 $ 1.47 $ 1.47 $ 1.24 $ 1.53
Cash dividends paid $ 0.64 $ 0.60 $ 0.58 $ 0.54 $ 0.53
+Added: Book value $ 18.33 $ 17.04 $ 15.20 $ 14.86 $ 13.51
Tangible book value (4) $ 16.41 $ 15.05 $ 14.57 $ 14.17 $ 13.18
22 unchanged sentences
See below for our reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures under the caption "Selected Financial Data— Non-GAAP Financial Measures.
−Removed: Historical share and per share amounts have been adjusted to reflect the ten percent stock dividend paid December 16, 2019 to shareholders of record as of December 9, 2019.
Non-GAAP Financial Measures
10 unchanged sentences
Total shareholders' equity $ 178,591 $ 166,035 $ 147,284 $ 143,983 $ 124,349
+Added: Preferred — — — — —
+Added: Goodwill 12,900 12,942 3,472 3,472 1,999
Acquisition intangibles 5,815 6,527 2,704 3,249 978
4 unchanged sentences
Tangible Assets
+Added: Total Assets $ 2,473,078 $ 2,117,216 $ 1,817,211 $ 1,750,430 $ 1,500,946
+Added: Goodwill 12,900 12,942 3,472 3,472 1,999
Acquisition intangibles 5,815 6,527 2,704 3,249 978
1 unchanged sentence
Tangible common equity to tangible assets 6.51 % 6.99 % 7.79 % 7.87 % 8.10 %
−Removed: 1 All share amounts have been restated to reflect the ten percent stock dividend paid December 16, 2019 to shareholders of record as of December 9, 2019.
The efficiency ratio is a non-GAAP measure generally used by financial analysts and investment bankers to evaluate financial institutions.
14 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.