First Guaranty Bank Enters Consent Order with FDIC, OFI

First Guaranty Bank, a subsidiary of First Guaranty Bancshares, Inc., entered into a Consent Order with the Federal Deposit Insurance Corporation (FDIC) and the Louisiana Office of Financial Institutions (OFI), effective August 7, 2026. The order addresses issues from a September 2025 examination, primarily relating to board oversight, capital maintenance, classified assets, credit administration, commercial real estate concentrations, and dividends. The Bank must maintain a Tier 1 leverage capital ratio of 9% and a total risk-based capital ratio of 14%, and is restricted from paying dividends without regulatory consent. As of June 30, 2026, the Bank's Tier 1 leverage ratio was 7.09%, and it believes it is in full compliance with the order except for this ratio.