First Guaranty Bancshares, Inc. Appoints Mineer as President and CEO
June 03 2024 - 5:00PM
First Guaranty Bancshares, Inc. announced Michael Mineer has been
appointed as First Guaranty Bancshares, Inc. and First Guaranty
Bank’s President and CEO. He will succeed Alton Lewis, who
announced his retirement at the end of May.
Mineer has been a part of the First Guaranty family
as the Mideast Area President since 2021 and brings over 35 years
of banking experience to his new role. Most recently, Mineer served
as President and CEO of Citizens Deposit Bank in Vanceburg, KY,
since 2003, where he successfully grew the company from $89 million
in assets to $650 million. Additionally, Mineer was Senior Vice
President of Premier Financial Bancorp in Huntington, WV since
2013, where he re-engineered the entire deposit and loan
origination processes, making them fully digital and virtual. He
was instrumental in assisting the growth of Premier Financial
Bancorp from a $500 million company to a $2.2 billion company.
Mineer stated, “I am very excited to shape this
next chapter of First Guaranty Bank. Our focus will be to build on
the strengths of the organization while simultaneously embracing
new technological solutions designed to drive efficiencies into our
business model. These efficiencies will decrease our cost and
increase our speed to deliver financial products to our customer
base and add revenue to our bottom line. The banks exemplary growth
has created a strong asset revenue engine. We will next work to
fine tune our capital to risk profile and improve our operating
efficiency all designed to improve shareholder value.”
About First Guaranty Bancshares,
Inc. First Guaranty Bancshares, Inc. is the holding
company for First Guaranty Bank, a Louisiana state-chartered bank.
Founded in 1934, First Guaranty Bank offers a wide range of
financial services and focuses on building client relationships and
providing exceptional customer service. First Guaranty Bank
currently operates thirty-five locations throughout Louisiana,
Texas, Kentucky, and West Virginia. The Company’s common stock
trades on the NASDAQ under the symbol FGBI and preferred stock
under the symbol FGBIP. For more information,
visit www.fgb.net.
Contact: Desiree Simmons, Chief Administrative
OfficerFirst Guaranty Bank(985) 375-0473/dbsimmons@fgb.net
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