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News


5/1/2018 Beneficial Ownership Information
At Southwest Georgia Bank, we strive to make the account opening process easy and efficient for our business customers. With that in mind, we wanted to make you aware of some upcoming changes to our account opening process that are required by federal regulation.
 
4/24/2018 SGB Reports 16% Net Income Growth for First Quarter 2018
SGB, a full service community bank, reported results of operations for the first quarter ended March 31, 2018.  Comparisons are to prior year-periods unless otherwise noted.

4/11/2018 SGB Announces First Quarter 2018 Conference Call and Webcast
SGB announced that it will release its first quarter 2018 results before the opening of financial markets on Tuesday April 24, 2018.  The company will host a conference call and webcast to review the financial operating results for the period and discuss its corporate strategy and outlook
3/1/2018 SGB To Present at Inaugural LD Micro Virtual Conference
SGB announced its Inaugural LD Micro Virtual Conference to be held on Wednesday March 7, 2018


2/28/2018 SGB Declares Quarterly Cash Dividend
SGB announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share.  The dividend is payable March 22, 2018.


1/23/2018 SGB Reports 2017 Fourth Quarter Results
Net income for 2017 was $3.8 million, down $227 thousand, due primarily to the revaluing of net deferred tax assets.



11/29/2017 SGB Declares Quarterly Cash Dividend
SGB announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share.  The dividend is payable December 21, 2017.


10/24/2017 SGB Reports 2017 Third Quarter Results
For the nine months ended September 30, 2017, net income was up 2% to $3.1 million, or $1.21 per diluted share.


08/29/2017 SGB Appoints Karen Boyd Senior Vice President and Treasurer
SGB announced that its Board of Directors has appointed Karen T. Boyd Senior Vice President and Treasurer of Southwest Georgia Financial Corporation and its subsidiary, SGB, effective immediately


8/23/2017  SGB Declares Quarterly Cash Dividend 
SGB announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share. The dividend is payable September 15, 2017 to shareholders of record on September 5, 2017. 


07/25/2017 SGB Reports 6% Earnings Growth 
Net income increased 6% to $1.1 million, or $0.42 per diluted share, for the second quarter of 2017.


07/12/2017  SGB Announces Second Quarter 2017 Conference Call and Webcast
SGB announced that it will release its second quarter 2017 results before the opening of financial markets on Tuesday, July 25, 2017. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow.


05/24/2017  Chairman Michael J. McLean Retires
SGB announced that Chairman Michael J. McLean retired from the Board and that current directors Roy H. Reeves and Cecil H. Barber were elected Chairman and Vice Chairman, respectively. SGB also announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share. The dividend is payable June 15, 2017 to shareholders of record on June 5, 2017. Additionally, SGB announced results of shareholder voting that took place during the 2017 annual meeting.


04/25/2017 SGB Reports Record Earnings Per Share for 2017 First Quarter
Net income increased to $1.1 million, or $0.42 per diluted share, up from $1.0 million, or $0.41 per diluted share, in the first quarter of 2016.


2/23/2017 SGB Announces Quarterly Cash Dividend
SGB announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share. The dividend is payable March 16, 2017 to shareholders of record on March 6, 2017.


1/24/2017  SGB Reports Net Income Grew 20% to Record Earnings per Share for 2016
Net income for 2016 was $4.0 million, up $0.7 million over the prior year, achieving record earnings per share for the year.


1/10/2017  SGB Announces Fourth Quarter 2016 Conference Call and Webcast
SGB announced that it will release its fourth quarter 2016 results before the opening of financial markets on Tuesday, January 24, 2017. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow.


11/16/2016  SGB Announces Quarterly Cash Dividend
SGB announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share. The dividend is payable December 15, 2016 to shareholders of record on December 5, 2016.


10/26/2016  SGB Announces $1.75 Million Share Repurchase Program
SGB announced that its Board of Directors has authorized a share repurchase program of up to $1.75 million of its outstanding shares of common stock through October 31, 2017.


10/25/2016  SGB Reports 13% Increase in Net Income
Third quarter net income increased 13% to $973 thousand, or $0.38 per diluted share, from $857 thousand, or $0.33 per diluted share in the third quarter 2015


10/11/2016  SGB Announces Third Quarter 2016 Conference Call and Webcast
SGB announced that it will release its third quarter 2016 results before the opening of financial markets on Tuesday, October 25, 2016. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow.


08/24/2016  SGB Announces Quarterly Cash Dividend Increase
SGB announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share, a 10% increase compared with $0.10 per common share paid each quarter since the previous increase in March 2015.