(FGBI) technical chart & stock analysis

Company Profile

First Guaranty Bancshares, Inc. engages in the provision of commercial banking services to businesses, professionals and individuals. The company is headquartered in Hammond, Louisiana and currently employs 336 full-time employees. The firm operates through its owned subsidiary, First Guaranty Bank (the Bank). The Bank offers personalized commercial banking services to Louisiana customers, through approximately 20 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 company also participates in certain syndicated loans, including shared national credits, with other financial institutions.