First Guaranty Bancshares, Inc. (NASDAQ: FGBI)

First Guaranty Bancshares, Inc. is a Louisiana corporation and financial holding company headquartered in Hammond, Louisiana. Its wholly owned subsidiary, First Guaranty Bank, is a Louisiana state chartered commercial bank that provides personalized commercial banking services through 30 banking facilities. These facilities are located in the Hammond, Baton Rouge, Lafayette, Shreveport Bossier City, and Alexandria MSAs in Louisiana, the Dallas Fort Worth Arlington and Waco MSAs in Texas, and the Vanceburg Kentucky and Bridgeport West Virginia markets. The bank’s branch network spans multiple states, enabling it to serve a broad geographic footprint while maintaining a focus on relationship banking. As a financial holding company, First Guaranty Bancshares oversees the bank’s operations and manages capital allocation to support growth initiatives.

The company generates revenue primarily from interest earned on its loan portfolio and investment securities. Interest income is derived from commercial real estate loans, commercial and industrial loans, residential mortgages, agricultural loans, farmland loans, and other lending products. In addition to interest, First Guaranty earns noninterest income from fees on deposit accounts, including service charges on checking and savings accounts, and from ancillary services such as credit cards, merchant services, remote deposit capture, lockbox services, and digital banking offerings. The bank also receives income from loan participation fees and syndicated lending activities. Revenue is further supported by gains on the sale of investment securities and income from trust and fiduciary services where offered.

First Guaranty Bancshares holds a leading position in its primary markets, most notably in the Hammond MSA where it held a 52.3% deposit market share at June 30 2025, ranking first among all depository institutions. The bank is also recognized as a leading provider of agricultural loans in southwest Louisiana. While it faces competition from larger money center and super regional banks with greater resources and broader branch networks, First Guaranty differentiates itself through personalized customer service, strong community relationships, and ongoing investments in digital banking platforms. The bank’s local decision making and deep understanding of regional economic conditions allow it to respond quickly to customer needs. These factors contribute to a stable base of core deposits and a reputation for reliability in the communities it serves.

The company serves a diverse customer base that includes individual consumers, small and medium sized businesses, professionals, and local municipal entities. Its lending activities target commercial real estate developers, agricultural producers, and owners of residential and multifamily properties. Deposit relationships are maintained with retail customers, public sector organizations, and corporate clients seeking checking, savings, and time deposit solutions. First Guaranty also supports farmers through specialized agricultural lending programs and serves small businesses with tailored commercial loan products. The bank’s commitment to community banking extends to providing financial education and participating in local charitable initiatives.