# FIRST GUARANTY BANK
MARTIN, KY · FDIC certificate 35058 · asset band <$300M · latest filing 2017-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $47.6M | |
| Deposits | $41.4M | |
| Loans and leases | $20.4M | |
| Total equity | $5.3M | |
| Loans / deposits | 48.49% (p16 of band) | 73.48% |
| Liquid assets / assets | 55.31% (p85 of band) | |
| Uninsured deposits / deposits | 21.84% (p76 of band) | 14.60% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.95% (p53 of band) | |
| FHLB advances / assets | 1.95% | |
| Tier 1 leverage | 11.00% (p52 of band) | 10.87% |
| Unrealized securities loss / equity | -0.46% (p46 of band) | -0.29% |
| AOCI / equity | 0.17% (p40 of band) | |
| ROA (annualized) | 0.11% (p9 of band) | 0.83% |
| Net interest margin | 3.08% (p21 of band) | 3.63% |
| Efficiency ratio | 96.62% (p93 of band) | |
| Noncurrent loans | 4.95% (p97 of band) | 0.63% |
| Net charge-offs (annualized) | 0.00% (p45 of band) | |
| Reserve coverage of noncurrent | 27.48% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 9.00% (p38 of band) | |
| Auto loans | $893,000 (4.39% of loans; DQ 3.47%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.4% | |
| Employees | 18 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | capital falling |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 1 |  | capital falling |
| 2012-06 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-09 | 4 |  |  |
| 2012-12 | 0 |  | reserve under noncurrent, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2013-03 | 1 | reserve under noncurrent |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 1 |  |  |
| 2014-09 | 2 | deposits shrinking |  |
| 2014-12 | 4 | assets shrinking, uninsured deposits leaving |  |
| 2015-03 | 3 |  | uninsured deposits leaving |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 0 |  | reserve under noncurrent, deposits shrinking, assets shrinking |
| 2016-03 | 3 | noncurrent p90, reserve under noncurrent, assets shrinking |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 5 | expense ratio p90, deposits shrinking |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2022-11-07 [First Guaranty Bank Receives Regulatory Approval for New Branches in Mideast Market - Yahoo Finance](https://news.google.com/rss/articles/CBMijgFBVV95cUxNdkhJQ2trZmxReEQ5Zkw5a3h6NDNBUk1lSEFLWS1RRS1lX0dkeGU0WHFWWk1WbjZYY0RGTzlmWVA2SFl5SDE1b0czV0xoU0hwLXBBVDZrdHQwX2JYQjdRM3p4Q3AwWVc3VGFadGJjcFFIUU5YYi1oMlh1blRLU1hTMjNCb1RUaUJrRGtFX2RR?oc=5) · Yahoo Finance
- 2026-07-28 [First Guaranty Bancshares, Inc. Reports Second Quarter 2026 - GlobeNewswire](https://news.google.com/rss/articles/CBMilAJBVV95cUxPdVZUcm5vLS1Qb3VzTVRwWmd2TG1mSE1vS3pic2c0RVcwR1NGbHA0ZVFNUDRGS2JuczZCVEZYMUNoOVR4T29hdWJsWjNPSmVMLTg5OUtYblBPeUU5a3FJc01hRFhYWkxURWJlRzl0SzBPV2FYRGtTNC1XTndHX0NkQ1ZOQkgxZHFnVTVoNExNRm0taTAxcVF4WTBCMGlnWm1TMmhLTWZlTzFmUDZNVjFOSW9Ic2lIVjdfQ1l4a0NjLVU3WWNQUnJSSzNMUU0wTGlHeF9rb0RMOUttVHliTFdqMzFsalFFUFh0MEpsVjI5T19ta2F5V1RHQk5fUWU2NDVVVFNrRWxENlcwcTlveTQ1cW0yQjU?oc=5) · GlobeNewswire
- 2024-05-30 [Longtime First Guaranty Bank CEO Alton Lewis announces retirement, replacement named - The Advocate](https://news.google.com/rss/articles/CBMi7gFBVV95cUxNaG9jMlctSjhJYVdkVENsWEFMdktKZ2Rva0dVajhuMVR1RFM4cTlHUEpfa3RtTEczekcwTWdSRFN4UUI5RDlROW5ZMDhoZXRnendkbjB2Zm0tbnR5MUlDWDljZTJUdWl3UGE5MWtZM1ZnbWptUVVHbUQtSEVzak9qN0U0b0NTb3FndVRYNUtPSnVLWVAtSDBKWFNYZDJsTVhiWHdOLU9WdE9VQVdDTWtmV0pjMkJzd1I1TGx3TzFTN2tTWE1FQVduck9qWVRUSHY5RGVHeExxZGRaRFJMT29NcEZpY0dncU14UWstTjV3?oc=5) · The Advocate
- 2026-07-28 [First Guaranty reports $19 million drop in nonaccrual loans - stocktitan.net](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOT3NYVktSOGxYYUphY3V4ZUxSMF9wR0Q3ejY4ZjZfM25lRC1SS3gtdTlNdHNQcWdJTjdMV2hHUnVzMllJc21aX2hUSHcta0NxdGJmQW9obUdIRFZfRkV4SldaNks5Zlp1R29sZWlPaGZoX05la0p1NVR1UWtZR3BMTzlXUDRCQ255VjZNcEZyWmZKV1lyZDhKZ2h1LU1ONUlwYmhrS24tbWNieE9ERkRocUhnQVUyWUFvMmtrWGlOQWQ?oc=5) · stocktitan.net
- 2024-06-11 [New bank opens on Jerry Dove Drive in Bridgeport - WDTV 5](https://news.google.com/rss/articles/CBMigAFBVV95cUxOX3FMaUtKNzRfVWY2Y2ZOWEd3Z2lDbWdTTVpWalZzcnliSUg1RWdkTURMenBsdld0d3hzQlpOWTIzeDB6SXpzYW1ZNVYzcTFDYUQxb3pkUVJVR2Y2bUtTZ3FjTHNBemNfR3c0c2tVQVcwWHpwcTZ6MkcwSzlja19URtIBlAFBVV95cUxPOHhrSzFIaWpubVNqU2VGZXgxQTM5Yi15cFAzR0lkb3F6aFJPUDM4Z3pwMFBjUnlMNEYxeDRIQVdQcWQyamp1LXlqcWdpcGZUeTc0eUJUSlRsWnRmdDhEZ1ZNRVpobzZOa2R6ZkxuV2RxalpwTEtyNG96SktuanNreG1RTnhOc0l2WGJRVjJpNUNEOFha?oc=5) · WDTV 5
- 2024-06-03 [First Guaranty Bancshares, Inc. Appoints Mineer as President and CEO - Yahoo Finance](https://news.google.com/rss/articles/CBMijAFBVV95cUxQZ1QzdG5lV2N4WDZZUU0wRndLcm9JdEdLaXBYVzVNY2dkNExGRnR6WVpPNWNLaXNQSnRpaGRsN21DdjVqVHhjNmcwaGpoOW9tWm03UnI1TjYxMzhxcDRnSl9UZF91R1h1dG5HT21LWFFoalpheXlUcEtJUmg4NFBram1LWkc1RzNFN2JyOQ?oc=5) · Yahoo Finance
- 2019-01-18 [People’s Bank merger may lead to job loss for some employees - floydct.com](https://news.google.com/rss/articles/CBMi1gFBVV95cUxOR3ItWUdDbTZHRWZCZDI1ellhenZoRGFkMU9XUWJSSkhZcWpGbFpwOUw1cERNOHV4VnFHSFMtZktRNjNvZldBTGVPTHRoTkNQN1A0VVpZMW1SaUVMbF9rM2RHal9qT2lYRkFqMmR1Ylo4Y2hqa3N5d3VnU0gzWTdwTmJ4ZDVLWHZVQnRFOFhnWXBFR2g0VWRmVzBicVFFX29jdndnUTFyazNISEFQLVFTbTdJZ2xsQ19MX0dpcDBqUHpYRTdmZFlnSjZxT0NkNnJsTlFfZjhn?oc=5) · floydct.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35058 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/50.json (key "35058", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide