First Guaranty Bancshares IncFRA First Guaranty Stock Report

First Guaranty Bancshares, Inc. engages in the provision of personalized commercial banking services to businesses, professionals, and individuals. The company is headquartered in Hammond, Louisiana and currently employs 465 full-time employees. The company went IPO on 2015-11-05. The Bank offers personalized commercial banking services to Louisiana and Texas customers through approximately 36 banking facilities located in the Market Services Areas (MSAs). Its principal business consists of attracting deposits from the general public and local municipalities in its market areas and investing those deposits, together with funds generated from operations and borrowings in securities and in lending activities to serve the credit needs of its customer base, including commercial real estate loans, commercial and industrial loans, one- to four-family residential real estate loans, construction and land development loans, agricultural and farmland loans, and to a lesser extent, consumer and multifamily loans. The firm also participates in certain syndicated loans, which include shared national credits with other financial institutions.