First Guaranty Bank
Hammond, Louisiana, Tangipahoa County
$3.9B in total assets, the 350th largest of 4,309 US banks and 3rd of 104 headquartered in Louisiana.
- FDIC certificate
- 14028
- Established
- 1934
- Owned by
- Smith&hood Holding Co L L C
- Primary regulator
- FDIC
- Website
- www.fgb.net
At a glance
Compared with 17 banks headquartered in Louisiana with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $3.9B | 94% | $1.3B | |
| Loans | $1.8B | 71% | $930M | |
| Deposits | $3.5B | 94% | $1.2B | |
| Return on assets | -0.85% | 2% | 1.18% | |
| Net interest margin | 2.36% | 6% | 4.20% | |
| Efficiency ratio | 68.2% | 56% | 66.5% | |
| Equity to assets | 6.72% | 6% | 11.33% | |
| Loans to deposits | 51% | 12% | 80% |
Growth
Total assets grew 7.2% a year over the last 5 years and 10.3% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Nov 2019 | The Union Bank Marksville, LA | $257M |
| Jun 2017 | Synergy Bank, S.S.B. Mckinney, TX | $156M |
| Jul 2011 | Bank of Greensburg Greensburg, LA | $87M |
| Jul 2007 | Homestead Bank Ponchatoula, LA | $128M |
| Jan 2001 | First Woodlands Bank Homer, LA | $32M |
| Dec 1999 | First Southwest Bank Jennings, LA | $38M |
Where they operate
30 branches in 18 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Tangipahoa County, LA | $2.2B | 55.9% | 1 of 13 |
| Bossier County, LA | $239M | 8.5% | 4 of 18 |
| Avoyelles County, LA | $166M | 20.4% | 3 of 6 |
| Livingston County, LA | $114M | 8.6% | 4 of 11 |
| Vermilion County, LA | $114M | 10.5% | 4 of 10 |
| Claiborne County, LA | $93M | 50.6% | 1 of 2 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 9 branches since 2016 (21 to 30, +42.9%). 4 opened, 13 acquired, 8 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 21 | |||
| 2017 | Acquired Synergy Bank, S.S.B.Opened Bossier City | 6 | 0 | +6 | 27 |
| 2019 | Acquired The Union BankOpened Amite, closed Ponchatoula | 9 | 1 | +8 | 35 |
| 2022 | Closed Marksville | 0 | 1 | −1 | 34 |
| 2023 | Opened VanceburgClosed Amite | 1 | 1 | 0 | 34 |
| 2024 | Opened BridgeportClosed Kentwood | 1 | 1 | 0 | 34 |
| 2025 | Closed 4 in Louisiana | 0 | 4 | −4 | 30 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 45% | 32% | |
| 1-4 family residential | 24% | 26% | |
| Business (C&I) | 7% | 15% | |
| Construction and land | 6% | 9% | |
| Multifamily | 5% | 4% | |
| Agricultural | 2% | 1% | |
| Farmland | 2% | 2% | |
| Consumer | 1% | 5% | |
| Other | 8% | 6% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 50% | 37% | |
| Other interest-bearing | 38% | 44% | |
| Noninterest-bearing | 12% | 20% |
Brokered deposits are 31.9% of deposits (peers 7.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 2.10% | 1.18% |
| Net charge-offs, annualized | 1.22% | 0.12% |
| Reserves to loans | 1.94% | 1.15% |
| Leverage ratio | 7.09% | 11.35% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Louisiana
Largest competitors in Tangipahoa County, LA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/first-guaranty