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First Guaranty Bancshares, Inc.'s subsidiary, First Guarigy Bank, entered into a Consent Order with the FDIC and…
FGBIPFirst Guaranty Bancshares, Inc.
First Guaranty Bancshares, Inc.'s subsidiary, First Guarigy Bank, entered into a Consent Order with the FDIC and Louisiana Office of Financial Institutions effective August 7, 2026. The order mandates maintaining a Tier 1 leverage ratio of at least 9% and a total risk-based capital ratio of at least 14%, restricting dividends without regulatory consent, and requiring charge-offs or collection plans for classified assets identified in a September 2025 examination. As of June 30, 2026, the bank reported a Tier 1 leverage ratio of 7.09% and a total risk-based capital ratio of 16.21%. This regulatory action signals significant credit quality concerns and operational weaknesses in loan underwriting and commercial real estate monitoring. First Guaranty Bancshares operates as a bank holding company providing financial services through its subsidiary bank.