First Guaranty Bank
First Guaranty Bank reported total assets of $3.9 bn at Q2 2026, down 1.9% from a year earlier. That ranks 336th among 497 banks reporting this metric (1 = highest). Its common equity tier 1 ratio was 14.95%, and an estimated 25.29% of domestic deposits were uninsured. Source: FDIC Call Report data, cross-checked against FFIEC filings.
- Net loans and leases: down 8.2% on Q1 2026, to $1.7 bn
- Common equity tier 1 (CET1) ratio: up 1.50 pp on Q1 2026, to 14.95%
- Return on equity (ROE): up 0.71 pp on Q1 2026, to 5.85%
Ranks compare banks in our US coverage that report each metric. Sparklines: the last ten years. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Overview
What stands out about First Guaranty Bank?
Its largest one-quarter change in total assets since Q1 2016 was +17.3% between Q3 2019 and Q4 2019, when it absorbed The Union Bank. Against its six size peers, its noncurrent loans to total loans stands out most: 2.30% at Q2 2026, above the peer median of 0.37%. By common equity tier 1 (CET1) ratio it moved from 205th to 113th among 448 banks between Q1 2026 and Q2 2026 (1 = highest). Its tier 1 leverage ratio of 7.09% at Q2 2026 is in the lowest 5% of the 500 banks reporting it (rank 493 of 500, 1 = highest).
How large is First Guaranty Bank?
At Q2 2026 the bank held $3.9 bn of assets. Deposits were $3.5 bn and net loans and leases $1.7 bn, a loan-to-deposit ratio of 49.96%. Securities of $1.2 bn made up 31.2% of assets.
Total assets rose 165.5% between Q1 2016 and Q2 2026, from $1.5 bn.
How much of its funding is uninsured?
An estimated 25.29% of domestic deposits were above the FDIC insurance limit at Q2 2026, -0.03 pp from the previous quarter and +1.43 pp from a year earlier. That share ranks 374th among 500 banks reporting this metric (1 = highest).
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total assets | $3.9 bn | -1.9% | 336th of 497 |
| Total deposits | $3.5 bn | -0.6% | 322nd of 499 |
| Net loans and leases | $1.7 bn | -26.4% | 471st of 500 |
| Bank equity capital | $261.4 mn | -13.4% | 466th of 498 |
| Common equity tier 1 (CET1) ratio | 14.95% | +3.17 pp | 113th of 448 |
| Tier 1 leverage ratio | 7.09% | -0.56 pp | 493rd of 500 |
| Return on equity (ROE) | 5.85% | +13.21 pp | 456th of 500 |
| Net interest margin | 2.36% | -0.15 pp | 467th of 500 |
| Uninsured share of domestic deposits | 25.29% | +1.43 pp | 374th of 500 |
| Unrealized gain/loss on held-to-maturity securities | Loss of $58.1 mn | Narrowed by $4.2 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: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.
Balance sheet
Total assets, deposits and net loans, quarterly, Q1 2016 to Q2 2026. Dashed amber lines mark the mergers and acquisitions listed under Mergers and acquisitions.
- Total assets $3.9bn
- Deposits $3.5bn
- Net loans $1.7bn
Capital and securities
The common equity tier 1 (CET1) ratio was 14.95% at Q2 2026, +3.17 pp from a year earlier. Since Q1 2016 it has ranged from 9.79% (Q3 2023) to 14.95% (Q2 2026). At Q2 2026 the tier 1 leverage ratio was 7.09% and the total risk-based capital ratio 16.21%. The median CET1 ratio of the size peers listed below was 11.85% at Q2 2026.
Held-to-maturity securities had an unrealized loss of $58.1 mn at Q2 2026, measured as fair value minus amortized cost, equal to 22.2% of bank equity capital. The loss narrowed by $4.2 mn from a year earlier. The largest unrealized loss on these securities was $85.9 mn at Q3 2023. Available-for-sale securities showed an unrealized loss of $11.1 mn at Q2 2026; the loss widened by $10.6 mn from a year earlier.
Capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 7.1%
Unrealized gains and losses on securities
- Available for sale -$11mn
- Held to maturity -$58mn
Profitability and loan quality
Return on equity was 5.85% for the year to Q2 2026, annualized, with a return on assets of 0.39% and a net interest margin of 2.36%. The margin was -0.15 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 68.18%. Net income for the year to Q2 2026 was $7.7 mn, down 168.0% on the same period a year earlier. The median return on equity of its size peers was 13.59% for the same period.
Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 2.30% of total loans at Q2 2026. Net charge-offs for the year to date were 1.22% of average loans, annualized.
Profitability
- Return on equity 5.8%
- Net interest margin 2.4%
- Return on assets 0.4%
Compared with banks of similar size
The six banks ranked closest to First Guaranty Bank by total assets at Q2 2026, three above and three below where possible.
Among the seven banks in the table at Q2 2026, First Guaranty Bank is 4th by total assets. Its CET1 ratio of 14.95% compares with a peer median of 11.85%, its tier 1 leverage ratio of 7.09% compares with a peer median of 9.99%, and its return on equity of 5.85% compares with a peer median of 13.59%.
| Bank | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|
| RCB Bank | $4.0 bn | 16.30% | 12.68% | 21.91% | |
| Commercial Bank of California | $4.0 bn | 11.78% | 14.75% | 61.85% | |
| Sumitomo Mitsui Trust Bank (U.S.A.) Limited | $3.9 bn | 45.25% | 13.68% | 92.29% | |
| First Guaranty Bank | $3.9 bn | 14.95% | 5.85% | 25.29% | |
| Carrollton Bank | $3.9 bn | 9.93% | 13.81% | 53.18% | |
| Security Bank of Kansas City | $3.9 bn | not reported | 13.50% | 35.48% | |
| Gulf Coast Bank and Trust Company | $3.9 bn | 11.85% | 13.02% | 21.40% | |
Q2 2026. Peer median (the six banks, excluding this one): CET1 11.85%, return on equity 13.59%. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Last eight quarters
First Guaranty Bank, as reported in its Call Reports.
From Q3 2024 to Q2 2026, total assets fell 0.7% to $3.9 bn, deposits rose 0.9% to $3.5 bn and bank equity capital fell 15.6% to $261.4 mn. Over the same period its full-time equivalent staff went from 404 to 333 and its offices went from 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 |
| Common equity tier 1 (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 |
Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Mergers and acquisitions
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).
Source: FDIC BankFind API, institution history. Moves of more than 25% in one quarter are checked against that history in our review.
Identifiers and sources
- FDIC certificate
- 14028
- Federal Reserve RSSD ID
- 422433
- Head office
- Hammond, Louisiana
- Holding company
- SMITH&HOOD HOLDING CO L L C (as reported to the FDIC)
- Holding company RSSD ID
- 4991076
- EconoMonitor ID
- EMB-US-000490
Frequently asked questions
What were First Guaranty Bank's total assets?
$3.9 bn at Q2 2026, according to its Call Report as published by the FDIC. By total assets it ranks 336th among 497 banks reporting this metric (1 = highest).
Is First Guaranty Bank the same as its holding company?
No. This page covers the FDIC-insured bank (certificate 14028). Its holding company, SMITH&HOOD HOLDING CO L L C (as reported to the FDIC), reports separately to the Federal Reserve and, if its shares are listed, to the SEC.
How often is this page updated?
Every quarter, after First Guaranty Bank files its Call Report and the FDIC publishes it. This page shows Q2 2026, loaded on 19 October 2026; any sentence that uses an earlier quarter names it.
Where can I check these numbers?
In the FDIC BankFind Suite record for certificate 14028, and in the Call Reports filed under RSSD ID 422433 at the FFIEC Central Data Repository.
Sources and definitions
Definitions, Call Report fields and formulas for each metric: Bank equity capital, Uses community bank leverage ratio framework, Common equity tier 1 (CET1) ratio, Deposits in domestic offices, Efficiency ratio, Full-time equivalent employees, Loan-to-deposit ratio, Total loans and leases (gross), Net loans and leases, Net charge-offs to average loans, Net income (year to date), Net interest margin, Noncurrent loans to total loans, Number of offices, Return on assets (ROA), Return on equity (ROE), Available-for-sale securities (amortized cost), Available-for-sale securities (fair value), Held-to-maturity securities (amortized cost), Held-to-maturity securities (fair value), Total securities, Tier 1 leverage ratio, Total assets, Total deposits, Total equity capital, Total risk-based capital ratio, Uninsured share of domestic deposits, Estimated uninsured deposits, Unrealized gain/loss on available-for-sale securities, Unrealized gain/loss on held-to-maturity securities.
Checks for this release: Check A (database against the FDIC download) passed, Check B (FDIC against FFIEC Call Report filings) passed.
Source: FDIC BankFind Suite (Call Report data). EconoMonitor is not affiliated with or endorsed by the FDIC. FDIC BankFind Suite API.
Source: FFIEC Central Data Repository (Call Reports). EconoMonitor is not affiliated with or endorsed by the FFIEC. FFIEC Central Data Repository, Public Data Distribution.
Data and analysis only, not financial advice. The FDIC and the FFIEC do not endorse EconoMonitor. See the disclaimer and methodology.