First Guaranty Bancshares Inc
fgb.netWhat Do They Do?
Provides commercial banking services, including loans, deposit accounts and payment services, to individuals, businesses and municipalities.
10-K for FY2025, filed Mar 31, 2026First Guaranty Bancshares, Inc. ("First Guaranty" or "First Guaranty Bancshares") is a Louisiana corporation, and financial holding company…View ↗
Our principal business consists of attracting deposits from the general public and local municipalities in our market areas and then…View ↗
We offer a variety of deposit accounts to consumers, small businesses and municipalities, including personal and business checking and…View ↗
How Do They Make Money?
Most revenue comes from interest on loans and securities, plus income from securities sales and customer fees and service charges. Account, overdraft and ATM or card fees are among its recurring fee streams.
10-K for FY2025, filed Mar 31, 2026
$213.3M
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10-K for FY2025, filed Mar 31, 2026
$213.3M ↗
Who Are Their Customers?
Individuals, businesses and municipalities use the bank's facilities and online services for deposits, accounts and payment services; businesses, professionals and individuals also borrow from the bank.
10-K for FY2025, filed Mar 31, 2026First Guaranty Bancshares, Inc. ("First Guaranty" or "First Guaranty Bancshares") is a Louisiana corporation, and financial holding company…View ↗
Our principal business consists of attracting deposits from the general public and local municipalities in our market areas and then…View ↗
We offer a variety of deposit accounts to consumers, small businesses and municipalities, including personal and business checking and…View ↗
Do Revenues Turn Into Profits?
No. It lost $56M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$46.2MView ↗
10-K for FY2025, filed Mar 31, 2026
−$56MView ↗
10-K for FY2025, filed Mar 31, 2026
−$10MView ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
$3.4MView ↗
- ▲ Now profitable
- vs −$7.3M in Q2 FY2025
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Aug 7, 2026
Bank enters regulatory consent order
The order requires actions on capital, classified assets, credit administration and real estate lending, and prior regulator approval for dividends to the parent.
Sources
8-K, filed Aug 7, 2026
First Guaranty Bank (the “Bank”), a wholly-owned subsidiary of First Guaranty Bancshares, Inc. (“First Guaranty”), entered into a…View ↗
Growing. Revenue grew 91% in 4 years, from $111.9M in FY2021 to $213.3M in FY2025, about 17% a year.
Lending focus
The older report planned to grow lending and expand markets, including through a proposed Houston-area acquisition. The latest report describes reducing the loan portfolio, cutting construction and non-owner-occupied real estate lending, and pursuing smaller, more diversified originations.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Mar 31, 2026On January 6, 2023, we entered into a definitive agreement with Lone Star Bank, a Texas state-chartered bank with its main office in…View ↗
Our mission is to increase shareholder value while providing services for and contributing to the growth and welfare of the communities…View ↗
Continue to Increase Total Loans as a Percentage of Assets. We plan to continue to change our asset composition by growing our loan…View ↗
We are expanding upon our successful small business lending program with a new emphasis on growing our SBA, USDA and commercial leasing…View ↗
Texas plans
The older report planned to grow its Texas markets and described a proposed Houston-area acquisition; the latest report says the bank has agreed to leave Dallas-Fort Worth and Waco.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Mar 31, 2026First Guaranty modified its business strategy in mid-2024 and utilized this strategy through 2025. Our revised business strategy focuses on…View ↗
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