First Guaranty Bancshares, Inc. Awarded Investment Grade Rating From Kroll Bond Rating Agency

HAMMOND, LA – First Guaranty Bancshares, Inc. (OTCPink: FGBI), the holding company for First Guaranty Bank, announced that the Company and the Bank have received investment grade ratings with a stable outlook from Kroll Bond Rating Agency.
         KBRA assigned the Company BBB for senior unsecured debt, BBB- for subordinated debt, and K3 for short-term debt.
         The Bank was assigned BBB+ for deposits and senior unsecured debt and K2 for short-term deposits/ debt.
         The outlook for all ratings was noted as stable.
         KBRA noted that the ratings were supported by the Company's “experienced management team, excellent liquidity levels, highly efficient operating model and solid core earnings metrics.”
         KBRA also noted that the Bank had a “conservative credit culture with rigorous underwriting and disciplined committee approval process.”
         First Guaranty Bancshares, a Louisiana-based company, has approximately $1.4 billion in assets as of September 30, 2015, and provides personalized commercial banking services through 21 banking facilities located across Louisiana.
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