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

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
    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
  • NoIDNameAddressEstablishedService TypeMap
    08769First Guaranty Bank400 Guaranty Square, Hammond, LA 70401March 12, 1934Full Service Brick and Mortar
    1230843Amite Branch100 East Oak Street, Amite, LA 70422March 12, 1934Full Service Brick and Mortar
    3230845Kentwood Branch301 Avenue F, Kentwood, LA 70444November 15, 1941Full Service Brick and Mortar
    4230846Ponchatoula Branch195 North 6th Street, Ponchatoula, LA 70454March 12, 1934Full Service Brick and Mortar
    6230848Independence Branch455 West Railroad Avenue, Independence, LA 70443October 18, 1976Full Service Brick and Mortar
    9230851Guaranty West Branch2111 West Thomas Street, Hammond, LA 70401November 12, 1979Full Service Brick and Mortar
    1061308Jennings Branch500 North Cary Avenue, Jennings, LA 70546November 21, 1997Full Service Brick and Mortar
    11290787Abbeville Branch799 West Summers Drive, Abbeville, LA 70510September 01, 1998Full Service Brick and Mortar
    12202988Vivian Branch102 East Louisiana Avenue, Vivian, LA 71082September 12, 1955Full Service Brick and Mortar
    139425Oil City Branch126 S. Highway 1, Oil City, LA 71061January 01, 1924Full Service Brick and Mortar
    196739Dubach Branch117 East Hico Street, Dubach, LA 71235January 01, 1906Full Service Brick and Mortar
    205184Benton Branch196 Burt Boulevard, Benton, LA 71006September 01, 1904Full Service Brick and Mortar
    23202926Haynesville Branch10065 North First Street, Haynesville, LA 71038September 14, 1981Full Service Brick and Mortar
    2573826Homer Branch401 North 2nd Street, Homer, LA 71040January 26, 1999Full Service Brick and Mortar
    26363792Denham Springs Branch2231 South Range Avenue, Denham Springs, LA 70726May 01, 2002Full Service Brick and Mortar
    30364362Walker South Road Branch29815 Walker South Road, Walker, LA 70785June 25, 2001Full Service Brick and Mortar
    31897Greensburg Branch6151 Hwy 10, Greensburg, LA 70441January 01, 1904Full Service Brick and Mortar
    32189419Montpelier BranchHighways 16 And Bookter Avenue, Montpelier, LA 70422April 15, 1981Full Service Brick and Mortar
    33189420Watson Branch3318 Louisiana Highway 16, Denham Springs, LA 70706June 08, 1998Full Service Brick and Mortar
    34189421Kentwood Branch723 Ave G, Kentwood, LA 70444Febuary 01, 1999Full Service Brick and Mortar

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