First Guaranty Bank in city_name, state_name - Detailed Financial Reports, Location

First Guaranty Bank in Hammond, Louisiana (LA)
Show street view No street view available for this location

First Guaranty Bank routing number info

First Guaranty Bank - Overview

General
FDIC Certificate #: 14028
Status: Active
Federal Reserve ID: 422433
Bank Holding Company (Regulatory Top Holder): First Guaranty Bancshares, Inc. (RSSDID: 3589560, Location: Hammond, LA)
Date Established: March 12, 1934
WWW: http://www.fgb.net
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 20 (Domestic: 20, Interstate: No)
FDIC's unique #: 8769
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: March 12, 1934
Last Structure Change Effective Date: July 01, 2011
Last Structure Change Process Date: July 11, 2011
Last Data Update: July 11, 2011
Data Source Date: April 05, 2012
Location
Address: 400 Guaranty Square, Hammond, LA 70401
County: Tangipahoa
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Atlanta
FDIC Field Office: Baton Rouge
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Hammond, LA (#25220)
CBSA Micro Statistical Area: Yes
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $1,353.3 mil
Equity capital: $127.8 mil
Deposits held in domestic offices: $1,208.9 mil
Return on assets (ROA): 0.73% ($9.9 mil)
Quarterly return on assets: 0.41% ($5.5 mil)
Return on Equity (ROE): 8.33% ($10.7 mil)
Quarterly return on equity: 4.33% ($5.5 mil)
Net income: $9.0 mil
Quarterly Net income: $1.4 mil
Pretax return on assets: 1.05% ($14,209.5 mil)
Quarterly Pretax return on assets: 0.59% ($7,984.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
260Total employees (full-time equivalent)
$1,353,289Total assets
$43,810Cash and due from depository institutions
$27,732Interest-bearing balances
$632,872Securities
$68,630Federal funds sold & reverse repurchase agreements
$564,221Net loans & leases
$8,879Loan loss allowance
$0Trading account assets
$19,921Bank premises and fixed assets
$5,710Other real estate owned
$4,810Goodwill and other intangibles
$1,353,289Life insurance assets
$13,315All other assets
$1,225,488Total liabilities and capital
$1,208,921Total liabilities
$1,039,378Total deposits
$1,208,921Interest-bearing deposits
$60Deposits held in domestic offices
12223.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$4,344Subordinated debt
$127,801All other liabilities
$127,801Total equity capital
$127,801Total bank equity capital
$0Perpetual preferred stock
$5,560Common stock
$90,827Surplus
$31,414Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$23,186Income earned, not collected on loans
$84Earning assets
$8,128Long-term assets (5+ years)
$1,293,455Average Assets, year-to-date
$609,016Average Assets, quarterly
$1,225,980Volatile liabilities
$1,332,474Insider loans
$857,885FHLB advances
$1,301,103Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$118,727Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$76,063Restructured Loans and leases
$41,949Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$55,051Total interest income
$14,993Total interest expense
$40,058Net interest income
$10,187Provision for loan and lease losses
$6,633Total noninterest income
$0Fiduciary activities
$3,608Service charges on deposit accounts
$0Trading account gains & fees
$3,025Additional noninterest income
$27,036Total noninterest expense
$12,387Salaries and employee benefits
$3,451Premises and equipment expense
$11,198Additional noninterest expense
$9,468Pre-tax net operating income
$3,434Securities gains (losses)
$3,923Applicable income taxes
$8,979Income before extraordinary items
$0Extraordinary gains - net
$8,979Net income attributable to bank
$0Net charge-offs
$8,979Cash dividends
$9,625Sale, conversion, retirement of capital stock, net
$4,600Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.70%Yield on earning assets
1.28%Cost of funding earning assets
3.42%Net interest margin
0.57%Noninterest income to earning assets
2.31%Noninterest expense to earning assets
0.54%Net operating income to assets
0.73%Return on assets (ROA)
1.05%Pretax return on assets
8.33%Return on equity (ROE)
4.06%Retained earnings to average equity (YTD only)
1.68%Net charge-offs to loans
105.84%Credit loss provision to net charge-offs
2.04%Efficiency ratio
57,292Assets per employee
5.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
51.23%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
38.29%Noncurrent assets plus other real estate owned to assets
2.14%Noncurrent loans to loans
4.05%Net loans and leases to deposits
46.67%Net loans and leases to core deposits
61.83%Equity capital to assets
9.44%Core capital (leverage) ratio
9.13%Tier 1 risk-based capital ratio
13.84%Total risk-based capital ratio
Memoranda
$15Average assets
$1,225,980Average earning assets
$107,791Average equity
$1,170,305Average loans

Total Fiduciary and Related Assets (December 31, 2009)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$79Managed Assets
1Number of Accounts
$79Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$79Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
9Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

20 Louisiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8769	First Guaranty Bank	400 Guaranty Square, Hammond, LA 70401	March 12, 1934	Full Service Brick and Mortar
1	230843	Amite Branch	100 East Oak Street, Amite, LA 70422	March 12, 1934	Full Service Brick and Mortar
3	230845	Kentwood Branch	301 Avenue F, Kentwood, LA 70444	November 15, 1941	Full Service Brick and Mortar
4	230846	Ponchatoula Branch	195 North 6th Street, Ponchatoula, LA 70454	March 12, 1934	Full Service Brick and Mortar
6	230848	Independence Branch	455 West Railroad Avenue, Independence, LA 70443	October 18, 1976	Full Service Brick and Mortar
9	230851	Guaranty West Branch	2111 West Thomas Street, Hammond, LA 70401	November 12, 1979	Full Service Brick and Mortar
10	61308	Jennings Branch	500 North Cary Avenue, Jennings, LA 70546	November 21, 1997	Full Service Brick and Mortar
11	290787	Abbeville Branch	799 West Summers Drive, Abbeville, LA 70510	September 01, 1998	Full Service Brick and Mortar
12	202988	Vivian Branch	102 East Louisiana Avenue, Vivian, LA 71082	September 12, 1955	Full Service Brick and Mortar
13	9425	Oil City Branch	126 S. Highway 1, Oil City, LA 71061	January 01, 1924	Full Service Brick and Mortar
19	6739	Dubach Branch	117 East Hico Street, Dubach, LA 71235	January 01, 1906	Full Service Brick and Mortar
20	5184	Benton Branch	196 Burt Boulevard, Benton, LA 71006	September 01, 1904	Full Service Brick and Mortar
23	202926	Haynesville Branch	10065 North First Street, Haynesville, LA 71038	September 14, 1981	Full Service Brick and Mortar
25	73826	Homer Branch	401 North 2nd Street, Homer, LA 71040	January 26, 1999	Full Service Brick and Mortar
26	363792	Denham Springs Branch	2231 South Range Avenue, Denham Springs, LA 70726	May 01, 2002	Full Service Brick and Mortar
30	364362	Walker South Road Branch	29815 Walker South Road, Walker, LA 70785	June 25, 2001	Full Service Brick and Mortar
31	897	Greensburg Branch	6151 Hwy 10, Greensburg, LA 70441	January 01, 1904	Full Service Brick and Mortar
32	189419	Montpelier Branch	Highways 16 And Bookter Avenue, Montpelier, LA 70422	April 15, 1981	Full Service Brick and Mortar
33	189420	Watson Branch	3318 Louisiana Highway 16, Denham Springs, LA 70706	June 08, 1998	Full Service Brick and Mortar
34	189421	Kentwood Branch	723 Ave G, Kentwood, LA 70444	Febuary 01, 1999	Full Service Brick and Mortar

First Guaranty Bank in Hammond, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Guaranty Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2009)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Guaranty Bank in Hammond, Louisiana (LA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Guaranty Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2009)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Guaranty Bank in Hammond, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches