HAMMOND, La. (AP) — HAMMOND, La. (AP) — First Guaranty Banchshares Inc. (FGBI) on Monday reported a loss of $45 million in its third quarter.
The bank, based in Hammond, Louisiana, said it had a loss of $3.01 per share. Losses, adjusted for asset impairment costs, were $2.16 per share.
The bank holding company posted revenue of $55.4 million in the period. Its revenue net of interest expense was $24.1 million, which did not meet Street forecasts.
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