First Guaranty Bancshares is the holding company for First Guaranty Bank, a Louisiana-chartered community bank headquartered in Hammond, Louisiana. The bank operates 30 branches, primarily across Louisiana, with a small presence in Kentucky and West Virginia. First Guaranty's core business is traditional community banking: gathering deposits and deploying them as loans to individuals, small and mid-sized businesses, municipalities, and agricultural borrowers. The loan portfolio is concentrated in commercial real estate (~46% of loans), with one-to-four-family residential mortgages (~21%), commercial and industrial loans (~11%), and construction and land development loans (~7%) rounding out the book. First Guaranty earns the spread between deposit costs and loan yields, with profitability driven by loan volume and mix, deposit costs, and credit quality. The bank holds a dominant 52% deposit market share in its home Hammond MSA, which provides a stable, low-cost funding base. Public funds from municipal and government entities add further deposit stability. Following a strategy shift in mid-2024, First Guaranty has been actively shrinking its loan book, reducing construction and non-owner-occupied CRE exposure, cutting headcount by 21%, and exiting the Texas market. The bank is refocusing on owner-occupied CRE, C&I lending, residential mortgages, and guaranteed lending (SBA/USDA/FSA), with tighter underwriting and smaller individual loan sizes than in prior years.