First Guaranty Bank
First Guaranty Bank reported total assets of $3.9 bn at Q2 2026, down 1.9% on a year earlier, the 336th largest of 497 banks in our US coverage. The CET1 capital ratio at First Guaranty Bank was 14.95%, and the uninsured share of First Guaranty Bank was 25.29%. Source: FDIC Call Reports.
Key takeaways
- On common equity tier 1 (CET1) ratio, First Guaranty Bank climbed from 361st to 113th among 448 US banks between and (1 = highest; FDIC Call Reports).
- First Guaranty Bank reports one of the lowest tier 1 leverage ratio readings among banks of $1 bn to $10 bn: 7.09% at , where the median of the 339 banks is 10.45% (FDIC Call Reports).
- At 1.22%, the net charge-offs to average loans of First Guaranty Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 0.06% (FDIC Call Reports).
What sets First Guaranty Bank apart
- Among the 339 banks of $1 bn to $10 bn, few report a lower loan-to-deposit ratio than First Guaranty Bank, at 49.96% in ; the group median is 88.61%.
- First Guaranty Bank reports one of the lowest return on assets (ROA) readings among banks of $1 bn to $10 bn: 0.39% at , where the median of the 339 banks is 1.32%.
- The net interest margin of First Guaranty Bank, 2.36% at , places First Guaranty Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 3.66%).
How large is First Guaranty Bank?
The balance sheet of First Guaranty Bank at : assets $3.9 bn, deposits $3.5 bn, net loans $1.7 bn (loans equal to 49.96% of deposits). Securities make up 31.2% of total assets at First Guaranty Bank. Since , when First Guaranty Bank held $1.5 bn, its assets grew 165.5%. In the year to , deposits at First Guaranty Bank fell 0.6% while its total assets fell 1.9%. At , First Guaranty Bank employed 333 full-time equivalent staff across 30 offices, about $11.7 mn of assets per employee and $115.5 mn of deposits per office.
How much funding at First Guaranty Bank is uninsured?
At First Guaranty Bank, uninsured deposits (above the FDIC limit) made up 25.29% of domestic deposits at (+1.43 pp on a year earlier); First Guaranty Bank ranks 374th of 500 on this measure. In dollars, First Guaranty Bank estimated $876.3 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.5 bn | -0.6% | 322nd of 499 |
| Net loans and leases | $1.7 bn | -26.4% | 471st of 500 |
| Loan-to-deposit ratio | 49.96% | -17.53 pp | 472nd of 500 |
| Tier 1 leverage ratio | 7.09% | -0.56 pp | 493rd of 500 |
| Total risk-based capital ratio | 16.21% | +3.18 pp | 116th of 448 |
| Net interest margin | 2.36% | -0.15 pp | 467th of 500 |
| Return on assets (ROA) | 0.39% | +0.96 pp | 479th of 500 |
| Efficiency ratio | 68.18% | +1.05 pp | 419th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $58.1 mn | Narrowed by $4.2 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $11.1 mn | Widened by $10.6 mn | |
| Noncurrent loans to total loans | 2.30% | -2.66 pp | 468th of 500 (1 = lowest) |
| Net charge-offs to average loans | 1.22% | +0.62 pp | 474th of 500 (1 = lowest) |
US rank of First Guaranty Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
First Guaranty Bank: assets, deposits and loans
- Total assets $3.9bn
- Deposits $3.5bn
- Net loans $1.7bn
Capital and securities
The CET1 ratio of First Guaranty Bank stood at 14.95% in , +3.17 pp year on year. Low and high at First Guaranty Bank since : 9.79% () to 14.95% (). Equity capital of First Guaranty Bank at : $261.4 mn, or 6.7% of total assets. First Guaranty Bank also reported a total capital ratio of 16.21% for , and a tier 1 leverage ratio of 7.09%.
On held-to-maturity securities, First Guaranty Bank carried an unrealized loss of $58.1 mn at , equal to 22.2% of equity capital. The loss narrowed by $4.2 mn over the year. Its deepest point: $85.9 mn in . The available-for-sale portfolio of First Guaranty Bank showed an unrealized loss of $11.1 mn at ; the loss widened by $10.6 mn over the year.
First Guaranty Bank: capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 7.1%
First Guaranty Bank: unrealized securities gains and losses
- Available for sale -$11mn
- Held to maturity -$58mn
Profitability and loan quality
For the year to , First Guaranty Bank earned a return on equity of 5.85%; return on assets: 0.39%. Net interest margin at First Guaranty Bank: 2.36%, -0.15 pp in a year. First Guaranty Bank net income: $7.7 mn, down 168.0% year on year. The efficiency ratio of First Guaranty Bank was 68.18%: about 68 cents cost per revenue dollar, against 56 cents at the median peer.
At , noncurrent loans were 2.30% of total loans at First Guaranty Bank; net charge-offs: 1.22% of average loans. Gross loans and leases at First Guaranty Bank: $1.8 bn, down 26.8% in a year.
First Guaranty Bank: profitability
- Return on equity 5.8%
- Net interest margin 2.4%
- Return on assets 0.4%
Peer group of First Guaranty Bank
The peer group of First Guaranty Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 5 share the charter type of First Guaranty Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 1 has its head office in Louisiana. Against them, First Guaranty Bank shows CET1 ratio 14.95% against a peer median of 11.85%, return on equity 5.85% against a peer median of 13.59% and uninsured deposit share 25.29% against a peer median of 44.33%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| RCB Bank | State member bank | OK | $4.0 bn | 16.30% | 12.68% | 21.91% | |
| Commercial Bank of California | State nonmember bank | CA | $4.0 bn | 11.78% | 14.75% | 61.85% | |
| Sumitomo Mitsui Trust Bank (U.S.A.) Limited | State nonmember bank | NJ | $3.9 bn | 45.25% | 13.68% | 92.29% | |
| First Guaranty Bank | State nonmember bank | LA | $3.9 bn | 14.95% | 5.85% | 25.29% | |
| Carrollton Bank | State nonmember bank | IL | $3.9 bn | 9.93% | 13.81% | 53.18% | |
| Security Bank of Kansas City | State nonmember bank | KS | $3.9 bn | not reported | 13.50% | 35.48% | |
| Gulf Coast Bank and Trust Company | State nonmember bank | LA | $3.9 bn | 11.85% | 13.02% | 21.40% | |
. FDIC Call Reports.
Last eight quarters
Two years at First Guaranty Bank, to : assets -0.7%, deposits +0.9%, equity -15.6%. Staff 404 to 333; offices 35 to 30.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.9 bn | $4.0 bn | $3.8 bn | $4.0 bn | $3.8 bn | $4.1 bn | $4.0 bn | $3.9 bn |
| Total deposits | $3.4 bn | $3.5 bn | $3.3 bn | $3.5 bn | $3.4 bn | $3.6 bn | $3.5 bn | $3.5 bn |
| Bank equity capital | $309.8 mn | $310.6 mn | $307.1 mn | $301.9 mn | $259.6 mn | $263.9 mn | $261.2 mn | $261.4 mn |
| CET1 ratio | 10.63% | 11.00% | 11.49% | 11.78% | 11.09% | 12.24% | 13.45% | 14.95% |
| Return on equity (ROE) | 6.57% | 5.70% | -6.68% | -7.36% | -25.10% | -18.10% | 5.14% | 5.85% |
| Uninsured share of domestic deposits | 24.47% | 23.95% | 27.95% | 23.86% | 24.82% | 24.04% | 25.33% | 25.29% |
| Full-time equivalent employees | 404 | 399 | 382 | 360 | 339 | 330 | 330 | 333 |
| Number of offices | 35 | 35 | 31 | 31 | 31 | 30 | 30 | 30 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of First Guaranty Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Synergy Bank, S.S.B. (FDIC certificate 34669).
- . Absorbed The Union Bank (FDIC certificate 8800).
Questions and identifiers
What were the total assets of First Guaranty Bank?
First Guaranty Bank reported $3.9 bn at in its Call Report. That makes First Guaranty Bank the 336th largest of 497 banks in our US coverage.
Is First Guaranty Bank the same as its holding company?
No. This page covers First Guaranty Bank, FDIC certificate 14028; SMITH&HOOD HOLDING CO L L C (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is First Guaranty Bank profitable?
First Guaranty Bank reported net income of $7.7 mn for the year to ; annualized return on equity: 5.85%. So yes: First Guaranty Bank made a profit over these months.
When is data for First Guaranty Bank next updated?
Figures from First Guaranty Bank for are due after .
Where can I check the figures for First Guaranty Bank?
In the FDIC BankFind Suite record for certificate 14028, and in the Call Reports of First Guaranty Bank (RSSD ID 422433) at the FFIEC Central Data Repository.