First Guaranty Bancshares (FGBI) 10-K 28 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 25, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	First Guaranty Bancshares, Inc.
Entity Central Index Key	1,408,534
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 59,000,662
Entity Common Stock, Shares Outstanding		7,609,194
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Cash and cash equivalents:
Cash and due from banks		$ 36,690	$ 44,365
Federal funds sold		582	210
Cash and cash equivalents		37,272	44,575
Interest-earning time deposits with banks		997	10,247
Investment securities:
Available for sale, at fair value		376,369	499,808
Held to maturity, at cost (estimated fair value of $168,148 and $139,688, respectively)		169,752	141,795
Investment securities		546,121	641,603
Federal Home Loan Bank stock, at cost		935	1,621
Loans, net of unearned income		841,583	790,321
Less: allowance for loan losses		9,415	9,105
Net loans		832,168	781,216
Premises and equipment, net		22,019	19,211
Goodwill		1,999	1,999
Intangible assets, net		1,394	1,733
Other real estate, net		1,577	2,198
Accrued interest receivable		6,015	6,384
Other assets		9,256	8,089
Total Assets		1,459,753	1,518,876
Deposits:
Noninterest-bearing demand		213,203	207,969
Interest-bearing demand		409,209	432,294
Savings		81,448	74,550
Time		592,010	657,026
Total deposits		1,295,870	1,371,839
Short-term borrowings		1,800	1,800
Accrued interest payable		1,707	1,997
Senior long-term debt		25,824	1,455
Junior subordinated debentures		14,597	0
Other liabilities		1,731	2,202
Total Liabilities		1,341,529	1,379,293
Preferred stock:
Series C - $1,000 par value - authorized 39,435 shares; issued and outstanding 0 and 39,435		0	39,435
Common stock:
$1 par value - authorized 100,600,000 shares; issued 7,609,194 and 6,923,206 shares	[1]	7,609	6,923
Surplus		61,584	51,646
Treasury stock, at cost, 0 and 3,184 shares		0	(54)
Retained earnings		49,932	41,392
Accumulated other comprehensive income (loss)		(901)	241
Total Shareholders' Equity		118,224	139,583
Total Liabilities and Shareholders' Equity		$ 1,459,753	$ 1,518,876
[1]	2014 and 2015 share amounts reflect the ten percent stock dividend paid December 17, 2015 to shareholders of record as of December 10, 2015.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Investment securities:
Held to maturity, estimated fair value	$ 168,148	$ 168,148	$ 139,688
Common stock:
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, shares authorized (in shares)	100,600,000	100,600,000	100,600,000
Common stock, shares issued (in shares)	7,609,194	7,609,194	6,923,206
Treasury stock (in shares)	0	0	3,184
Common stock, dividend percentage	10.00%	10.00%	10.00%
Common stock, dividend paid date		Dec. 17, 2015
Common stock, dividend record date		Dec. 10, 2015
Series C Preferred Stock [Member]
Preferred stock:
Preferred stock, par value (in dollars per share)	$ 1,000	$ 1,000	$ 1,000
Preferred stock, shares authorized (in shares)	39,435	39,435	39,435
Preferred stock, shares issued (in shares)	0	0	39,435
Preferred stock, shares outstanding (in shares)	0	0	39,435

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest Income:
Loans (including fees)		$ 42,536	$ 39,787	$ 37,289
Deposits with other banks		72	115	157
Securities (including FHLB stock)		13,471	13,395	13,439
Federal funds sold		0	0	1
Total Interest Income		56,079	53,297	50,886
Interest Expense:
Demand deposits		1,419	1,312	1,262
Savings deposits		38	33	41
Time deposits		6,985	7,716	9,682
Borrowings		166	141	149
Total Interest Expense		8,608	9,202	11,134
Net Interest Income		47,471	44,095	39,752
Less: Provision for loan losses		3,864	1,962	2,520
Net Interest Income after Provision for Loan Losses		43,607	42,133	37,232
Noninterest Income:
Service charges, commissions and fees		2,736	2,767	3,006
ATM and debit card fees		1,779	1,671	1,634
Net gains on securities		3,300	295	1,571
Net gain (loss) on sale of loans		4	(12)	(70)
Other		1,137	1,456	1,337
Total Noninterest Income		8,956	6,177	7,478
Noninterest Expense:
Salaries and employee benefits		15,496	15,840	14,368
Occupancy and equipment expense		3,845	3,928	3,949
Other		11,754	11,826	12,670
Total Noninterest Expense		31,095	31,594	30,987
Income Before Income Taxes		21,468	16,716	13,723
Less: Provision for income taxes		6,963	5,492	4,577
Net Income		14,505	11,224	9,146
Preferred stock dividends		(384)	(394)	(713)
Income Available to Common Shareholders		$ 14,121	$ 10,830	$ 8,433
Per Common Share:
Earnings (in dollars per share)	[1]	$ 2.01	$ 1.57	$ 1.22
Cash dividends paid (in dollars per share)	[1]	$ 0.60	$ 0.58	$ 0.58
Weighted Average Common Shares Outstanding (in shares)		7,013,869	6,920,022	6,920,022
[1]	All share and per share amounts reflect the ten percent stock dividend paid December 17, 2015 to shareholders of record as of December 10, 2015.

CONSOLIDATED STATEMENTS OF INC5

CONSOLIDATED STATEMENTS OF INCOME (Parenthetical)	1 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Per Common Share:
Common stock, dividend percentage	10.00%	10.00%	10.00%	10.00%
Common stock, dividend paid date		Dec. 17, 2015
Common stock, dividend record date		Dec. 10, 2015

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract]
Net Income	$ 14,505	$ 11,224	$ 9,146
Unrealized gains (losses) on securities:
Unrealized holding gains (losses) arising during the period	1,394	14,499	(21,432)
Reclassification adjustments for net gains included in net income	(3,300)	(295)	(1,571)
Reclassification of OTTI losses included in net income	175	0	0
Change in unrealized gains (losses) on securities	(1,731)	14,204	(23,003)
Tax impact	589	(4,829)	7,821
Other comprehensive income (loss)	(1,142)	9,375	(15,182)
Comprehensive Income (Loss)	$ 13,363	$ 20,599	$ (6,036)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands		Preferred Stock [Member]Series C Preferred Stock $1,000 Par [Member]	Common Stock $1 Par [Member]	Surplus [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income/(Loss) [Member]	Total
Balance at Dec. 31, 2012		$ 39,435	$ 6,923	$ 51,646	$ (54)	$ 30,183	$ 6,048	$ 134,181
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		0	0	0	0	9,146	0	9,146
Other comprehensive income		0	0	0	0	0	(15,182)	(15,182)
Cash dividends on common stock		0	0	0	0	(4,027)	0	(4,027)
Preferred stock dividends		0	0	0	0	(713)	0	(713)
Balance at Dec. 31, 2013		39,435	6,923	51,646	(54)	34,589	(9,134)	123,405
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		0	0	0	0	11,224	0	11,224
Other comprehensive income		0	0	0	0	0	9,375	9,375
Cash dividends on common stock		0	0	0	0	(4,027)	0	(4,027)
Preferred stock dividends		0	0	0	0	(394)	0	(394)
Balance at Dec. 31, 2014		39,435	6,923	51,646	(54)	41,392	241	139,583
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		0	0	0	0	14,505	0	14,505
Reclassification of treasury stock under the LBCA	[1]	0	(3)	0	54	(51)	0	0
Other comprehensive income		0	0	0	0	0	(1,142)	(1,142)
Preferred stock redeemed, Series C		(39,435)	0	0	0	0	0	(39,435)
Common stock issued in initial public offering, 689,172 shares	[2]	0	689	9,938	0	(1,283)	0	9,344
Cash dividends on common stock		0	0	0	0	(4,247)	0	(4,247)
Preferred stock dividends		0	0	0	0	(384)	0	(384)
Balance at Dec. 31, 2015		$ 0	$ 7,609	$ 61,584	$ 0	$ 49,932	$ (901)	$ 118,224
[1]	Effective January 1, 2015, companies incorporated under Louisiana law became subject to the Louisiana Business Corporation Act (which replaces the Louisiana Business Corporation Law). Provisions of the Louisiana Business Corporation Act eliminate the concept of treasury stock and provide that shares reacquired by a company are to be treated as authorized but unissued shares. As a result of this change in law, shares previously classified as treasury stock were reclassified as a reduction to issued shares of common stock in the consolidated financial statements as of June 30, 2015, reducing the stated value of common stock and retained earnings.
[2]	All share and per share amounts reflect the ten percent stock dividend paid December 17, 2015 to shareholders of record as of December 10, 2015.

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares		1 Months Ended	12 Months Ended
		Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, par value (in dollars per share)		$ 1	$ 1	$ 1	$ 1
Cash dividends per share (in dollars per share)	[1]		$ 0.60	$ 0.58	$ 0.58
Common stock issued in initial public offering (in shares)			689,172
Common stock, dividend percentage		10.00%	10.00%	10.00%	10.00%
Common stock, dividend paid date			Dec. 17, 2015
Common stock, dividend record date			Dec. 10, 2015
Series C Preferred Stock $1,000 Par [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Preferred stock, par value (in dollars per share)		$ 1,000	$ 1,000	$ 1,000	$ 1,000
[1]	All share and per share amounts reflect the ten percent stock dividend paid December 17, 2015 to shareholders of record as of December 10, 2015.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash Flows From Operating Activities:
Net income	$ 14,505	$ 11,224	$ 9,146
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	3,864	1,962	2,520
Depreciation and amortization	1,995	2,143	2,111
Amortization/Accretion of investments	2,036	2,164	2,141
Gain on sale/call of securities	(3,300)	(295)	(1,571)
Other than temporary impairment charge on securities	175	0	0
Loss (gain) on sale of assets	(6)	(17)	61
ORE and repossessed property writedowns and loss on disposition	411	665	335
FHLB stock dividends	(4)	(4)	(4)
Net decrease in loans held for sale	0	88	469
Change in other assets and liabilities, net	(2,461)	(1,140)	1,958
Net cash provided by operating activities	17,215	16,790	17,166
Cash Flows From Investing Activities:
Funds invested in certificates of deposit	0	(10,000)	0
Proceeds from maturities and calls of certificates of deposit	9,250	500	0
Proceeds from maturities and calls of HTM securities	72,036	8,279	16,184
Proceeds from maturities, calls and sales of AFS securities	723,249	535,167	626,433
Funds invested in HTM securities	(48,318)	0	(107,616)
Funds Invested in AFS securities	(650,698)	(538,209)	(533,320)
Proceeds from sale/redemption of Federal Home Loan Bank stock	3,554	4,169	3,268
Funds invested in Federal Home Loan Bank stock	(2,864)	(3,950)	(3,825)
Net increase in loans	(56,000)	(92,697)	(78,777)
Purchases of premises and equipment	(4,400)	(1,668)	(1,757)
Proceeds from sales of premises and equipment	4	375	0
Proceeds from sales of other real estate owned	1,394	3,049	1,306
Net cash provided by (used in) investing activities	47,207	(94,985)	(78,104)
Cash Flows From Financing Activities:
Net (decrease) increase in deposits	(75,969)	68,740	50,487
Net decrease in federal funds purchased and short-term borrowings	0	(3,988)	(8,958)
Proceeds from long-term borrowings, net of costs	24,969	1,555	0
Repayment of long-term borrowings	(600)	(600)	(600)
Proceeds from junior subordinated debentures, net of costs	14,597	0	0
Issuance of common stock, net of costs	9,344	0	0
Redemption of preferred stock	(39,435)	0	0
Dividends paid	(4,631)	(4,421)	(4,740)
Net cash (used in) provided by financing activities	(71,725)	61,286	36,189
Net decrease in cash and cash equivalents	(7,303)	(16,909)	(24,749)
Cash and cash equivalents at the beginning of the period	44,575	61,484	86,233
Cash and cash equivalents at the end of the period	37,272	44,575	61,484
Noncash activities:
Loans transferred to foreclosed assets	1,184	2,330	2,604
Cash paid during the period:
Interest on deposits and borrowed funds	8,898	9,569	11,610
Income taxes	$ 8,400	$ 4,500	$ 2,850

Business and Summary of Signifi

Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Business and Summary of Significant Accounting Policies [Abstract]
Business and Summary of Significant Accounting Policies	Note 1. Business and Summary of Significant Accounting Policies Business First Guaranty Bancshares, Inc. ("First Guaranty" or the “Company”) is a Louisiana corporation headquartered in Hammond, LA. First Guaranty owns all of the outstanding shares of common stock of First Guaranty Bank. First Guaranty Bank (the “Bank”) is a Louisiana state-chartered commercial bank that provides a diversified range of financial services to consumers and businesses in the communities in which it operates. These services include consumer and commercial lending, mortgage loan origination, the issuance of credit cards and retail banking services. The Bank also maintains an investment portfolio comprised of government, government agency, corporate, and municipal securities. The Bank has twenty-one banking offices, including one drive-up banking facility, and twenty-seven automated teller machines (ATMs) in Southeast, Southwest and North Louisiana. Summary of significant accounting policies The accounting and reporting policies of First Guaranty conform to generally accepted accounting principles and to predominant accounting practices within the banking industry. The more significant accounting and reporting policies are as follows: Consolidation The consolidated financial statements include the accounts of First Guaranty Bancshares, Inc., and its wholly owned subsidiary, First Guaranty Bank. All significant intercompany balances and transactions have been eliminated in consolidation. Acquisition Accounting Acquisitions are accounted for under the purchase method of accounting. Purchased assets, including identifiable intangibles, and assumed liabilities are recorded at their respective acquisition date fair values. If the fair value of net assets purchased exceeds the consideration given, a gain on acquisition is recognized. If the consideration given exceeds the fair value of the net assets received, goodwill is recognized. Fair values are subject to refinement for up to one year after the closing date of an acquisition as information relative to closing date fair values becomes available. Purchased loans acquired in a business combination are recorded at estimated fair value on their purchase date with no carryover of the related allowance for loan losses. See Acquired Loans Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expense during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near-term relate to the determination of the allowance for loan losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of investment securities. In connection with the determination of the allowance for loan losses and real estate owned, First Guaranty obtains independent appraisals for significant properties. Cash and cash equivalents For purposes of reporting cash flows, cash and cash equivalents are defined as cash, due from banks, interest-bearing demand deposits with banks and federal funds sold with maturities of three months or less. Securities First Guaranty reviews its financial position, liquidity and future plans in evaluating the criteria for classifying investment securities. Debt securities that Management has the ability and intent to hold to maturity are classified as held to maturity and carried at cost, adjusted for amortization of premiums and accretion of discounts using methods approximating the interest method. Securities available for sale are stated at fair value. The unrealized difference, if any, between amortized cost and fair value of these AFS securities is excluded from income and is reported, net of deferred taxes, in accumulated other comprehensive income as a part of shareholders’ equity. Details of other comprehensive income are reported in the consolidated statements of comprehensive income. Realized gains and losses on securities are computed based on the specific identification method and are reported as a separate component of other income. Amortization of premiums and discounts is included in interest income. Discounts and premiums related to debt securities are amortized using the effective interest rate method. Management evaluates securities for other-than-temporary impairment ("OTTI") at least on a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. In estimating other-than-temporary losses, management considers the length of time and extent that fair value has been less than cost and the financial condition and near term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings. Loans held for sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. Loans held for sale have primarily been fixed rate single-family residential mortgage loans under contract to be sold in the secondary market. In most cases, loans in this category are sold within thirty days. Buyers generally have recourse to return a purchased loan under limited circumstances. Recourse conditions may include early payment default, breach of representations or warranties and documentation deficiencies. Mortgage loans held for sale are generally sold with the mortgage servicing rights released. Gains or losses on sales of mortgage loans are recognized based on the differences between the selling price and the carrying value of the related mortgage loans sold. Loans Loans are stated at the principal amounts outstanding, net of unearned income and deferred loan fees. In addition to loans issued in the normal course of business, overdrafts on customer deposit accounts are considered to be loans and reclassified as such. Interest income on all classifications of loans is calculated using the simple interest method on daily balances of the principal amount outstanding. Accrual of interest is discontinued on a loan when Management believes, after considering economic and business conditions and collection efforts, the borrower’s financial condition is such that reasonable doubt exists as to the full and timely collection of principal and interest. This evaluation is made for all loans that are 90 days or more contractually past due. When a loan is placed in nonaccrual status, all interest previously accrued but not collected is reversed against current period interest income. Income on such loans is then recognized only to the extent that cash is received and where the future collection of interest and principal is probable. Loans are returned to accrual status when, in the judgment of Management, all principal and interest amounts contractually due are reasonably assured to be collected within a reasonable time frame and when the borrower has demonstrated payment performance of cash or cash equivalents; generally for a period of six months. All loans, except mortgage loans, are considered past due if they are past due 30 days. Mortgage loans are considered past due when two consecutive payments have been missed. Loans that are past due 90-120 days and deemed uncollectible are charged-off. The loan charge off is a reduction of the allowance for loan losses. Troubled Debt Restructurings (TDRs) TDRs are loans in which the borrower is experiencing financial difficulty at the time of restructuring, and the Bank has granted a concession to the borrower. TDRs are undertaken in order to improve the likelihood of recovery on the loan and may take the form of modifications made with the stated interest rate lower than the current market rate for new debt with similar risk, other modifications to the structure of the loan that fall outside of normal underwriting policies and procedures, or in limited circumstances forgiveness of principal and / or interest. TDRs can involve loans remaining on non-accrual, moving to non-accrual, or continuing on accrual status, depending on the individual facts and circumstances of the borrower. TDRs are subject to policies governing accrual and non-accrual evaluation consistent with all other loans as discussed in the “Loans” section above. All loans with the TDR designation are considered to be impaired, even if they are accruing. First Guaranty's policy is to evaluate TDRs that have subsequently been restructured and returned to market terms after 12 months of performance. The evaluation includes a review of the loan file and analysis of the credit to assess the loan terms, including interest rate to insure such terms are consistent with market terms. The loan terms are compared to a sampling of loans with similar terms and risk characteristics, including loans originated by First Guaranty and loans lost to a competitor. The sample provides a guide to determine market terms pursuant to ASC 310-40-50-2. The loan is also evaluated at that time for impairment A loan determined to be restructured to market terms and not considered impaired will no longer be disclosed as a TDR in the years following the restructuring. These loans will continue to be individually evaluated for impairment. Credit Quality First Guaranty's credit quality indicators are pass, special mention, substandard, and doubtful. Loans included in the pass category are performing loans with satisfactory debt coverage ratios, collateral, payment history, and documentation requirements. Special mention loans have potential weaknesses that deserve close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects. Borrowers may be experiencing adverse operating trends (declining revenues or margins) or an ill proportioned balance sheet (e.g., increasing inventory without an increase in sales, high leverage, tight liquidity). Adverse economic or market conditions, such as interest rate increases or the entry of a new competitor, may also support a special mention rating. Nonfinancial reasons include management problems, pending litigation, an ineffective loan agreement or other material structural weakness, and any other significant deviation from prudent lending practices. A substandard loan is inadequately protected by the paying capacity of the obligor or of the collateral pledged, if any. Loans classified as substandard have a well-defined weakness. They are characterized by the distinct possibility that First Guaranty will sustain some loss if the deficiencies are not corrected. These loans require more intensive supervision. Substandard loans are generally characterized by current or expected unprofitable operations, inadequate debt service coverage, inadequate liquidity, or marginal capitalization. Repayment may depend on collateral or other credit risk mitigates. For some substandard loans, the likelihood of full collection of interest and principal may be in doubt and interest is no longer accrued. Consumer loans that are 90 days or more past due or that are nonaccrual are considered substandard. Doubtful loans have the weaknesses of substandard loans with the additional characteristic that the weaknesses make collection or liquidation in full questionable and there is a high probability of loss based on currently existing facts, conditions and values. A loan is considered impaired when, based on current information and events, it is probable that First Guaranty will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by Management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. This process is only applied to impaired loans or relationships in excess of $250,000. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, individual consumer and residential loans are not separately identified for impairment disclosures, unless such loans are the subject of a restructuring agreement. Loans that have been restructured in a troubled debt restructuring will continue to be evaluated individually for impairment, including those no longer requiring disclosure. Acquired Loans Loans are recorded at estimated fair value on their purchase date with no carryover of the related allowance for loan losses. Acquired loans are segregated between those with deteriorated credit quality at acquisition and those deemed as performing. To make this determination, Management considers such factors as past due status, nonaccrual status, credit risk ratings, interest rates and collateral position. The fair value of acquired loans deemed performing is determined by discounting cash flows, both principal and interest, for each pool at prevailing market interest rates as well as consideration of inherent potential losses. The difference between the fair value and principal balances due at acquisition date, the fair value discount, is accreted into income over the estimated life of each loan pool. Loans acquired in a business combination are recorded at their estimated fair value on their purchase date with no carryover of the related allowance for loan losses. Performing acquired loans are subsequently evaluated for any required allowance at each reporting date. An allowance for loan losses is calculated using a similar methodology for originated loans. Loan fees and costs Nonrefundable loan origination and commitment fees and direct costs associated with originating loans are deferred and recognized over the lives of the related loans as an adjustment to the loans' yield using the level yield method. Allowance for loan losses The allowance for loan losses is established through a provision for loan losses charged to expense. Loans are charged against the allowance for loan losses when Management believes that the collectability of the principal is unlikely. The allowance, which is based on evaluation of the collectability of loans and prior loan loss experience, is an amount that, in the opinion of Management, reflects the risks inherent in the existing loan portfolio and exists at the reporting date. The evaluations take into consideration a number of subjective factors including changes in the nature and volume of the loan portfolio, historical losses, overall portfolio quality, review of specific problem loans, current economic conditions that may affect a borrower’s ability to pay, adequacy of loan collateral and other relevant factors. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated losses on loans. Such agencies may require additional recognition of losses based on their judgments about information available to them at the time of their examination. The following are general credit risk factors that affect First Guaranty's loan portfolio segments. These factors do not encompass all risks associated with each loan category. Construction and land development loans have risks associated with interim construction prior to permanent financing and repayment risks due to the future sale of developed property. Farmland and agricultural loans have risks such as weather, government agricultural policies, fuel and fertilizer costs, and market price volatility. 1-4 family, multi-family, and consumer credits are strongly influenced by employment levels, consumer debt loads and the general economy. Non-farm non-residential loans include both owner occupied real estate and non-owner occupied real estate. Common risks associated with these properties is the ability to maintain tenant leases and keep lease income at a level able to service required debt and operating expenses. Commercial and industrial loans generally have non-real estate secured collateral which requires closer monitoring than real estate collateral. Although Management uses available information to recognize losses on loans, because of uncertainties associated with local economic conditions, collateral values and future cash flows on impaired loans, it is reasonably possible that a material change could occur in the allowance for loan losses in the near term. However, the amount of the change that is reasonably possible cannot be estimated. The evaluation of the adequacy of loan collateral is often based upon estimates and appraisals. Because of changing economic conditions, the valuations determined from such estimates and appraisals may also change. Accordingly, First Guaranty may ultimately incur losses that vary from Management's current estimates. Adjustments to the allowance for loan losses will be reported in the period such adjustments become known or can be reasonably estimated. All loan losses are charged to the allowance for loan losses when the loss actually occurs or when the collectability of the principal is unlikely. Recoveries are credited to the allowance at the time of recovery. The allowance consists of specific, general, and unallocated components. The specific component relates to loans that are classified as doubtful, substandard, and impaired. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. Also, a specific reserve is allocated for syndicated loans. The general component covers non-classified loans and special mention loans and is based on historical loss experience adjusted for qualitative factors. An unallocated component is maintained to cover uncertainties that could affect the estimate of probable losses. The allowance for loan losses is reviewed on a monthly basis. The monitoring of credit risk also extends to unfunded credit commitments, such as unused commercial credit lines and letters of credit. A reserve is established as needed for estimates of probable losses on such commitments. Goodwill and intangible assets deemed to have indefinite lives are subject to annual impairment tests. First Guaranty's goodwill is tested for impairment on an annual basis, or more often if events or circumstances indicate that there may be impairment. Adverse changes in the economic environment, declining operations, or other factors could result in a decline in the implied fair value of goodwill. If the implied fair value is less than the carrying amount, a loss would be recognized in other non-interest expense to reduce the carrying amount to implied fair value of goodwill. The goodwill impairment test includes two steps that are preceded by a, “step zero”, qualitative test. The qualitative test allows Management to assess whether qualitative factors indicate that it is more likely than not that impairment exists. If it is not more likely than not that impairment exists, then no impairment exists and the two step quantitative test would not be necessary. These qualitative indicators include factors such as earnings, share price, market conditions, etc. If the qualitative factors indicate that it is more likely than not that impairment exists, then the two step quantitative test would be necessary. Step one is used to identify potential impairment and compares the estimated fair value of a reporting unit with its carrying amount, including goodwill. If the estimated fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not considered impaired. If the carrying amount of a reporting unit exceeds its estimated fair value, the second step of the goodwill impairment test is performed to measure the amount of impairment loss, if any. Step two of the goodwill impairment test compares the implied estimated fair value of reporting unit goodwill with the carrying amount of that goodwill. If the carrying amount of goodwill for that reporting unit exceeds the implied fair value of that unit’s goodwill, an impairment loss is recognized in an amount equal to that excess. Identifiable intangible assets are acquired assets that lack physical substance but can be distinguished from goodwill because of contractual or legal rights or because the assets are capable of being sold or exchanged either on their own or in combination with the related contract, asset or liability. First Guaranty's intangible assets primarily relate to core deposits. These core deposit intangibles are amortized on a straight-line basis over terms ranging from seven to fifteen years. Management periodically evaluates whether events or circumstances have occurred that impair this deposit intangible. Premises and equipment Premises and equipment are stated at cost, less accumulated depreciation. Depreciation is computed for financial reporting purposes using the straight-line method over the estimated useful lives of the respective assets as follows: Buildings and improvements 10-40 years Equipment, fixtures and automobiles 3-10 years Expenditures for renewals and betterments are capitalized and depreciated over their estimated useful lives. Repairs, maintenance and minor improvements are charged to operating expense as incurred. Gains or losses on disposition, if any, are recorded as a separate line item in noninterest income on the Statements of Income . Other real estate Other real estate includes properties acquired through foreclosure or acceptance of deeds in lieu of foreclosure. These properties are recorded at the lower of the recorded investment in the property or its fair value less the estimated cost of disposition. Any valuation adjustments required prior to foreclosure are charged to the allowance for loan losses. Subsequent to foreclosure, losses on the periodic revaluation of the property are charged to current period earnings as other real estate expense. Costs of operating and maintaining the properties are charged to other real estate expense as incurred. Any subsequent gains or losses on dispositions are credited or charged to income in the period of disposition Off-balance sheet financial instruments In the ordinary course of business, First Guaranty has entered into commitments to extend credit, including commitments under credit card arrangements, commitments to fund commercial real estate, construction and land development loans secured by real estate, and performance standby letters of credit. Such financial instruments are recorded when they are funded. Income taxes First Guaranty and its subsidiary file a consolidated federal income tax return on a calendar year basis. In lieu of Louisiana state income tax, the Bank is subject to the Louisiana bank shares tax, which is included in noninterest expense in First Guaranty's consolidated financial statements. With few exceptions, First Guaranty is no longer subject to U.S. federal, state or local income tax examinations for years before 2012. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the deferred tax assets or liabilities are expected to be settled or realized. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be utilized. Comprehensive income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items along with net income, are components of comprehensive income. The components of other comprehensive income and related tax effects are presented in the Statements of Comprehensive Income. Fair Value Measurements The fair value of a financial instrument is the current amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. Valuation techniques use certain inputs to arrive at fair value. Inputs to valuation techniques are the assumptions that market participants would use in pricing the asset or liability. They may be observable or unobservable. First Guaranty uses a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. See Note 21 for a detailed description of fair value measurements. Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (i) the assets have been isolated from First Guaranty, (ii) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (iii) First Guaranty does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Earnings per common share Earnings per share represents income available to common shareholders divided by the weighted average number of common shares outstanding during the period. In December of 2015, First Guaranty First Guaranty's Operating Segments All of First Guaranty's operations are considered by management to be aggregated into one reportable operating segment. While the chief decision-makers monitor the revenue streams of the various products and services, the identifiable segments are not material. Operations are managed and financial performance is evaluated on a Company- wide Reclassifications Certain reclassifications have been made to prior year end financial statements in order to conform to the classification adopted for reporting in 2015.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2015
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 2. Recent Accounting Pronouncements In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2015-03, "Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs." The amendments in this guidance require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. This guidance is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. This guidance must be adopted retrospectively, wherein the balance sheet of each period presented should be adjusted to reflect the new guidance. First Guaranty has elected early adoption of this guidance in 2015. The adoption of this guidance did not have a material impact upon First Guaranty's financial statements. No adjustments to prior year information was necessary upon the adoption of the guidance. In September 2015, the FASB issued ASU 2015-16, "Simplifying the Accounting for Measurement-Period Adjustments". The guidance eliminates the requirement that an acquirer in a business combination account for measurement-period adjustments retrospectively. The ASU is effective for annual and interim periods beginning after December 15, 2015. The adoption of this ASU is not expected to have a material effect on First Guaranty's Consolidated Financial Statements. In January 2016, the FASB issued ASU 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities". The ASU amendments include changes related to how certain equity investments are measured, recognize changes in the fair value of financial certain liabilities measured under the fair value option, and disclose and present financial assets and liabilities on First Guaranty's consolidated financial statements. Additionally, the ASU will also require entities to present financial assets and financial liabilities separately, grouped by measurement category and form of financial asset in the statement of financial position or in the accompanying notes to the financial statements. Entities will also no longer have to disclose the methods and significant assumptions for financial instruments measured at amortized cost, but will be required to measure such instruments under the "exit price" notion for disclosure purposes. The ASU is effective for annual and interim periods beginning after December 15, 2017. The adoption of this ASU is not expected to have a material effect on First Guaranty's Consolidated Financial Statements. In February 2016, the FASB issued ASU 2016-02, "Conforming Amendments Related to Leases". This ASU amends the codification regarding leases in order to increase transparency and comparability. The ASU requires companies to recognize lease assets and liabilities on the statement of condition and disclose key information about leasing arrangements. A lessee would recognize a liability to make lease payments and a right-of-use asset representing its right to use the leased asset for the lease term. The ASU is effective for annual and interim periods beginning after December 15, 2018. The adoption of this ASU is not expected to have a material effect on First Guaranty's Consolidated Financial Statements.

Cash and Due from Banks

Cash and Due from Banks	12 Months Ended
	Dec. 31, 2015
Cash and Due from Banks [Abstract]
Cash and Due from Banks	Note 3. Cash and Due from Banks Certain reserves are required to be maintained at the Federal Reserve Bank. There was no reserve requirement as of December 31, 2015 and 2014 .

Securities

Securities	12 Months Ended
	Dec. 31, 2015
Securities [Abstract]
Securities	Note 4. Securities A summary comparison of securities by type at December 31, 2015 and 2014 is shown below. December 31, 2015 December 31, 2014 (in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale: U.S Treasuries $ 29,999 $ - $ - $ 29,999 $ 36,000 $ - $ - $ 36,000 U.S. Government Agencies 165,364 - (1,553 ) 163,811 295,620 30 (4,155 ) 291,495 Corporate debt securities 105,680 2,259 (2,803 ) 105,136 126,654 4,415 (1,006 ) 130,063 Mutual funds or other equity securities 580 2 - 582 570 4 - 574 Municipal bonds 47,339 899 (5 ) 48,233 40,599 1,077 - 41,676 Mortgage-backed securities 28,891 - (283 ) 28,608 - - - - Total available-for-sale securities 377,853 3,160 (4,644 ) 376,369 499,443 5,526 (5,161 ) 499,808 Held to maturity: U.S. Government Agencies 77,343 - (721 ) 76,622 84,479 - (1,950 ) 82,529 Mortgage-backed securities 92,409 9 (892 ) 91,526 57,316 57 (214 ) 57,159 Total held to maturity securities $ 169,752 $ 9 $ (1,613 ) $ 168,148 $ 141,795 $ 57 $ (2,164 ) $ 139,688 The scheduled maturities of securities at December 31, 2015, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities due to call or prepayments. Mortgage-backed securities are not due at a single maturity because of amortization and potential prepayment of the underlying mortgages. For this reason they are presented separately in the maturity table below. December 31, 2015 (in thousands) Amortized Cost Fair Value Available-for-sale: Due in one year or less $ 38,847 $ 38,905 Due after one year through five years 138,704 138,924 Due after five years through 10 years 124,736 122,706 Over 10 years 46,675 47,226 Subtotal 348,962 347,761 Mortgage-backed Securities 28,891 28,608 Total available-for-sale securities 377,853 376,369 Held to maturity: Due in one year or less - - Due after one year through five years 21,803 21,545 Due after five years through 10 years 55,540 55,077 Over 10 years - - Subtotal 77,343 76,622 Mortgage-backed Securities 92,409 91,526 Total held to maturity securities $ 169,752 $ 168,148 The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses as of the dates indicated: At December 31, 2015 Less Than 12 Months 12 Months or More Total (in thousands) Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Available-for-sale: U.S. Treasuries 2 $ 9,999 $ - - $ - $ - 2 $ 9,999 $ - U.S. Government agencies 49 116,473 (921 ) 11 47,338 (632 ) 60 163,811 (1,553 ) Corporate debt securities 112 31,414 (1,509 ) 27 5,344 (1,294 ) 139 36,758 (2,803 ) Mutual funds or other equity securities - - - - - - - - - Municipal bonds 2 679 (5 ) - - - 2 679 (5 ) Mortgage-backed securities 14 28,608 (283 ) - - - 14 28,608 (283 ) Total available-for-sale securities 179 187,173 (2,718 ) 38 52,682 (1,926 ) 217 239,855 (4,644 ) Held to maturity: U.S. Government agencies 16 51,865 (404 ) 7 23,852 (317 ) 23 75,717 (721 ) Mortgage-backed securities 39 82,863 (892 ) - - - 39 82,863 (892 ) Total held to maturity securities 55 $ 134,728 $ (1,296 ) 7 $ 23,852 $ (317 ) 62 $ 158,580 $ (1,613 ) At December 31, 2014 Less Than 12 Months 12 Months or More Total (in thousands) Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Available-for-sale: U.S. Treasuries 4 $ 24,000 $ - - $ - $ - 4 $ 24,000 $ - U.S. Government agencies 4 43,983 (17 ) 66 232,482 (4,138 ) 70 276,465 (4,155 ) Corporate debt securities 37 15,395 (238 ) 50 15,397 (768 ) 87 30,792 (1,006 ) Mutual funds or other equity securities - - - - - - - - - Municipal bonds - - - - - - - - - Total available-for-sale securities 45 83,378 (255 ) 116 247,879 (4,906 ) 161 331,257 (5,161 ) Held to maturity: U.S. Government agencies 1 4,993 (7 ) 19 77,536 (1,943 ) 20 82,529 (1,950 ) Mortgage-backed securities 7 12,008 (13 ) 12 29,415 (201 ) 19 41,423 (214 ) Total held to maturity securities 8 $ 17,001 $ (20 ) 31 $ 106,951 $ (2,144 ) 39 $ 123,952 $ (2,164 ) As of December 31, 2015, 279 of First Guaranty's debt securities had unrealized losses totaling 1.5% of the individual securities’ amortized cost basis and 1.1% of First Guaranty's total amortized cost basis of the investment securities portfolio. 45 of the 279 securities had been in a continuous loss position for over 12 months at such date. The 45 securities had an aggregate amortized cost basis of $78.8 million and an unrealized loss of $2.2 million at December 31, 2015. Management has the intent and ability to hold these debt securities until maturity or until anticipated recovery. Securities are evaluated for other-than-temporary impairment ("OTTI") at least quarterly and more frequently when economic or market conditions warrant. Consideration is given to (i) the length of time and the extent to which the fair value has been less than cost, (ii) the financial condition and near-term prospects of the issuer, (iii) the recovery of contractual principal and interest and (iv) the intent and ability of First Guaranty to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Investment securities issued by the U.S. Government and Government sponsored agencies with unrealized losses and the amount of unrealized losses on those investment securities are the result of changes in market interest rates. First Guaranty has the ability and intent to hold these securities until recovery, which may not be until maturity. Corporate debt securities in a loss position consist primarily of corporate bonds issued by businesses in the financial, insurance, utility, manufacturing, industrial, consumer products and oil and gas industries. Two issuers were determined during 2015 to have other-than-temporary impairment losses. First Guaranty believes that the remaining issuers will be able to fulfill the obligations of these securities based on evaluations described above. First Guaranty has the ability and intent to hold these securities until they recover, which could be at their maturity dates. During the years ended December 31, 2015, First Guaranty recorded OTTI losses on available-for-sale securities as follows: (in thousands) Year Ended December 31, 2015 Total OTTI charge realized and unrealized $ 571 OTTI recognized in other comprehensive income (non-credit component) 396 Net impairment losses recognized in earnings (credit component) $ 175 There were no other-than-temporary impairment losses recognized on securities in 2014 or 2013. The following table presents a roll-forward of the amount of credit losses on debt securities held by First Guaranty for which a portion of OTTI was recognized in other comprehensive income for the year end year ended December 31, 2015: (in thousands) Beginning balance of credit losses at December 31, 2014 $ - Other-than-temporary impairment credit losses on securities not previously OTTI 175 Increases for additional credit losses on securities previously determined to be OTTI - Reduction for increases in cash flows - Reduction due to credit impaired securities sold or fully settled - Ending balance of cumulative credit losses recognized in earnings at December 31, 2015 $ 175 In 2015 there were no other-than-temporary impairment credit losses on securities for which we had previously recognized OTTI. The amount related to losses on securities with no previous losses amounted to $0.2 million at December 31, 2015. For securities that have indications of credit related impairment, management analyzes future expected cash flows to determine if any credit related impairment is evident. Estimated cash flows are determined using management's best estimate of future cash flows based on specific assumptions. The assumptions used to determine the cash flows were based on estimates of loss severity and credit default probabilities. Management reviews reports from credit rating agencies and public filings of issuers. The credit related impairment was related to one corporate debt security with a book balance of $0.5 million that experienced declines in its financial performance associated with the mining industry. This corporate debt security had a non-credit related impairment of $0.3 million. A second corporate debt security had a non-credit related impairment of $0.1 million due to the fact that the issuer went private and liquidity in its debt securities was reduced. Management anticipates receipt of all scheduled cash flows for this security. Non-credit related other-than-temporary impairment losses recognized in other comprehensive income totaled $0.4 million in 2015 and zero in 2014. The impairment losses were related to two available for sale corporate bond securities, described above, which had original amortized cost of $0.8 million. At December 31, 2015 and 2014 the carrying value of pledged securities totaled $427.4 million and $516.5 million, respectively . First Guaranty completed its liquidation of the common stock from a converted preferred security in the third quarter of 2015. The total gains realized on the security were $2.7 million. Gross realized gains on sales of securities were $3.3 million (including the sale of the converted preferred security), $0.2 million and $1.4 million for the years ended December 31, 2015, 2014 and 2013, respectively. Gross realized losses were $0.4 million, $0.2 million and $0 for the years ended December 31, 2015, 2014 and 2013. The tax applicable to these transactions amounted to $1.2 million, $0 million, and $0.5 million for 2015, 2014 and 2013, respectively. Proceeds from sales of securities classified as available-for-sale amounted to $290.0 million, $109.8 million and $18.6 million for the years ended December 31, 2015, 2014 and 2013, respectively. Net unrealized losses on available-for-sale securities included in accumulated other comprehensive income (loss) ("AOCI"), net of applicable income taxes, totaled $0.9 million at December 31, 2015. At December 31, 2014 net unrealized gains included in AOCI, net of applicable income taxes, totaled $0.2 million. During 2015 and 2014 gains, net of tax, reclassified out of AOCI into earnings totaled $2.1 million and $0.2 million, respectively. At December 31, 2015, First Guaranty's exposure to investment securities issuers that exceeded 10% of shareholders’ equity as follows: At December 31, 2015 (in thousands) Amortized Cost Fair Value U.S. Treasuries $ 29,999 $ 29,999 Federal Home Loan Bank (FHLB) 85,507 84,689 Federal Home Loan Mortgage Corporation (Freddie Mac-FHLMC) 66,271 65,589 Federal National Mortgage Association (Fannie Mae-FNMA) 127,504 126,294 Federal Farm Credit Bank (FFCB) 84,726 83,996 Total $ 394,007 $ 390,567

Loans

Loans	12 Months Ended
	Dec. 31, 2015
Loans [Abstract]
Loans	Note 5. Loans The following table summarizes the components of First Guaranty's loan portfolio as of the dates indicated: December 31, 2015 December 31, 2014 (in thousands except for %) Balance As % of Category Balance As % of Category Real Estate: Construction & land development $ 56,132 6.6 % $ 52,094 6.6 % Farmland 17,672 2.1 % 13,539 1.7 % 1- 4 Family 129,610 15.4 % 118,181 14.9 % Multifamily 12,629 1.5 % 14,323 1.8 % Non-farm non-residential 323,363 38.3 % 328,400 41.5 % Total Real Estate 539,406 63.9 % 526,537 66.5 % Non-real Estate: Agricultural 25,838 3.1 % 26,278 3.3 % Commercial and industrial 224,201 26.6 % 196,339 24.8 % Consumer and other 54,163 6.4 % 42,991 5.4 % Total Non-real Estate 304,202 36.1 % 265,608 33.5 % Total Loans Before Unearned Income 843,608 100.0 % 792,145 100.0 % Unearned income (2,025 ) (1,824 ) Total Loans Net of Unearned Income $ 841,583 $ 790,321 The following table summarizes fixed and floating rate loans by contractual maturity, excluding nonaccrual loans, as of December 31, 2015 and December 31, 2014 unadjusted for scheduled principal payments, prepayments, or repricing opportunities. The average life of the loan portfolio may be substantially less than the contractual terms when these adjustments are considered. December 31, 2015 December 31, 2014 (in thousands) Fixed Floating Total Fixed Floating Total One year or less $ 86,975 $ 48,111 $ 135,086 $ 88,686 $ 72,250 $ 160,936 One to five years 315,685 246,374 562,059 253,306 225,655 478,961 Five to 15 years 49,197 31,456 80,653 67,012 39,634 106,646 Over 15 years 36,438 9,333 45,771 25,304 8,104 33,408 Subtotal $ 488,295 $ 335,274 823,569 $ 434,308 $ 345,643 779,951 Nonaccrual loans 20,039 12,194 Total Loans Before Unearned Income 843,608 792,145 Unearned income (2,025 ) (1,824 ) Total Loans Net of Unearned Income $ 841,583 $ 790,321 As of December 31, 2015, $132.9 million of floating rate loans were at their interest rate floor. At December 31, 2014, $195.7 million of floating rate loans were at the floor rate. Nonaccrual loans have been excluded from these totals. The following tables present the age analysis of past due loans for the periods indicated: As of December 31, 2015 (in thousands) 30-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans Recorded Investment 90 Days Accruing Real Estate: Construction & land development $ 12 $ 558 $ 570 $ 55,562 $ 56,132 $ - Farmland - 136 136 17,536 17,672 19 1 - 4 family 2,546 4,929 7,475 122,135 129,610 391 Multifamily - 9,045 9,045 3,584 12,629 - Non-farm non-residential 1,994 2,934 4,928 318,435 323,363 - Total Real Estate 4,552 17,602 22,154 517,252 539,406 410 Non-Real Estate: Agricultural 2,346 2,628 4,974 20,864 25,838 - Commercial and industrial 314 48 362 223,839 224,201 - Consumer and other 965 171 1,136 53,027 54,163 - Total Non-Real Estate 3,625 2,847 6,472 297,730 304,202 - Total Loans Before Unearned Income $ 8,177 $ 20,449 $ 28,626 $ 814,982 843,608 $ 410 Unearned income (2,025 ) Total Loans Net of Unearned Income $ 841,583 As of December 31, 2014 (in thousands) 30-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans Recorded Investment 90 Days Accruing Real Estate: Construction & land development $ 338 $ 486 $ 824 $ 51,270 $ 52,094 $ - Farmland 10 153 163 13,376 13,539 - 1 - 4 family 2,924 4,418 7,342 110,839 118,181 599 Multifamily 2,990 - 2,990 11,333 14,323 - Non-farm non-residential 1,509 4,993 6,502 321,898 328,400 - Total Real Estate 7,771 10,050 17,821 508,716 526,537 599 Non-Real Estate: Agricultural - 832 832 25,446 26,278 - Commercial and industrial 1,241 1,907 3,148 193,191 196,339 - Consumer and other 105 4 109 42,882 42,991 - Total Non-Real Estate 1,346 2,743 4,089 261,519 265,608 - Total Loans Before Unearned Income $ 9,117 $ 12,793 $ 21,910 $ 770,235 792,145 $ 599 Unearned income (1,824 ) Total Loans Net of Unearned Income $ 790,321 The tables above include $20.0 million and $12.2 million of nonaccrual loans for December 31, 2015 and 2014, respectively. See the tables below for more detail on nonaccrual loans. The following is a summary of nonaccrual loans by class for the periods indicated: As of December 31, (in thousands) 2015 2014 Real Estate: Construction & land development $ 558 $ 486 Farmland 117 153 1 - 4 family 4,538 3,819 Multifamily 9,045 - Non-farm non-residential 2,934 4,993 Total Real Estate 17,192 9,451 Non-Real Estate: Agricultural 2,628 832 Commercial and industrial 48 1,907 Consumer and other 171 4 Total Non-Real Estate 2,847 2,743 Total Nonaccrual Loans $ 20,039 $ 12,194 The following table identifies the credit exposure of the loan portfolio by specific credit ratings for the periods indicated: As of December 31, 2015 As of December 31, 2014 (in thousands) Pass Special Mention Substandard Doubtful Total Pass Special Mention Substandard Doubtful Total Real Estate: Construction & land development $ 51,681 $ 386 $ 4,065 $ - $ 56,132 $ 46,451 $ 559 $ 5,084 $ - $ 52,094 Farmland 17,554 - 118 - 17,672 13,299 87 153 - 13,539 1 - 4 family 115,878 6,425 7,307 - 129,610 103,582 6,113 8,486 - 118,181 Multifamily 3,584 - 9,045 - 12,629 3,581 6,414 4,328 - 14,323 Non-farm non-residential 296,682 3,288 23,393 - 323,363 300,319 6,788 21,293 - 328,400 Total Real Estate 485,379 10,099 43,928 - 539,406 467,232 19,961 39,344 - 526,537 Non-Real Estate: Agricultural 20,860 4 4,974 - 25,838 22,789 7 3,482 - 26,278 Commercial and industrial 214,184 471 9,546 - 224,201 185,839 8,611 1,889 - 196,339 Consumer and other 53,779 178 206 - 54,163 42,831 123 37 - 42,991 Total Non-Real Estate 288,823 653 14,726 - 304,202 251,459 8,741 5,408 - 265,608 Total Loans Before Unearned Income $ 774,202 $ 10,752 $ 58,654 $ - 843,608 $ 718,691 $ 28,702 $ 44,752 $ - 792,145 Unearned income (2,025 ) (1,824 ) Total Loans Net of Unearned Income $ 841,583 $ 790,321

Allowance for Loan Losses

Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2015
Allowance for Loan Losses [Abstract]
Allowance for Loan Losses	Note 6. Allowance for Loan Losses A summary of changes in the allowance for loan losses, by loan type, for the years ended December 31, 2015, 2014 and 2013 are as follows: As of December 31, 2015 2014 (in thousands) Beginning Allowance (12/31/14) Charge-offs Recoveries Provision Ending Allowance (12/31/15) Beginning Allowance (12/31/13) Charge-offs Recoveries Provision Ending Allowance(12/31/14) Real Estate: Construction & land development $ 702 $ (559 ) $ 5 $ 814 $ 962 $ 1,530 $ (1,032 ) $ 6 $ 198 $ 702 Farmland 21 - - 33 54 17 - - 4 21 1 - 4 family 2,131 (410 ) 94 (44 ) 1,771 1,974 (589 ) 99 647 2,131 Multifamily 813 (947 ) 46 645 557 376 - 49 388 813 Non-farm non-residential 2,713 (1,137 ) 5 1,717 3,298 3,607 (1,515 ) 9 612 2,713 Total Real Estate 6,380 (3,053 ) 150 3,165 6,642 7,504 (3,136 ) 163 1,849 6,380 Non-Real Estate: Agricultural 293 (491 ) 3 211 16 46 (2 ) 1 248 293 Commercial and industrial 1,797 (79 ) 315 494 2,527 2,176 (266 ) 118 (231 ) 1,797 Consumer and other 371 (550 ) 151 258 230 208 (289 ) 199 253 371 Unallocated 264 - - (264 ) - 421 - - (157 ) 264 Total Non-Real Estate 2,725 (1,120 ) 469 699 2,773 2,851 (557 ) 318 113 2,725 Total $ 9,105 $ (4,173 ) $ 619 $ 3,864 $ 9,415 $ 10,355 $ (3,693 ) $ 481 $ 1,962 $ 9,105 As of December 31, 2013 (in thousands) Beginning Allowance (12/31/12) Charge-offs Recoveries Provision Ending Allowance (12/31/13) Real Estate: Construction & land development $ 1,098 $ (233 ) $ 10 $ 655 $ 1,530 Farmland 50 (31 ) 140 (142 ) 17 1 - 4 family 2,239 (220 ) 49 (94 ) 1,974 Multifamily 284 - - 92 376 Non-farm non-residential 3,666 (1,148 ) 8 1,081 3,607 Total Real Estate 7,337 (1,632 ) 207 1,592 7,504 Non-Real Estate: Agricultural 64 (41 ) 5 18 46 Commercial and industrial 2,488 (1,098 ) 71 715 2,176 Consumer and other 233 (262 ) 243 (6 ) 208 Unallocated 220 - - 201 421 Total Non-Real Estate 3,005 (1,401 ) 319 928 2,851 Total $ 10,342 $ (3,033 ) $ 526 $ 2,520 $ 10,355 Negative provisions are caused by changes in the composition and credit quality of the loan portfolio. The result is an allocation of the loan loss reserve from one category to another. A summary of the allowance and loans individually and collectively evaluated for impairment are as follows: As of December 31, 2015 (in thousands) Allowance Individually Allowance Collectively Total Allowance for Credit Losses Loans Individually Loans Collectively Total Loans before Unearned Income Real Estate: Construction & land development $ - $ 962 $ 962 $ 368 $ 55,764 $ 56,132 Farmland - 54 54 - 17,672 17,672 1 - 4 family 611 1,160 1,771 3,049 126,561 129,610 Multifamily 454 103 557 9,045 3,584 12,629 Non-farm non-residential 1,298 2,000 3,298 13,646 309,717 323,363 Total Real Estate 2,363 4,279 6,642 26,108 513,298 539,406 Non-Real Estate: Agricultural - 16 16 4,863 20,975 25,838 Commercial and industrial - 2,527 2,527 - 224,201 224,201 Consumer and other - 230 230 171 53,992 54,163 Unallocated - - - - - - Total Non-Real Estate - 2,773 2,773 5,034 299,168 304,202 Total $ 2,363 $ 7,052 $ 9,415 $ 31,142 $ 812,466 843,608 Unearned Income (2,025 ) Total Loans Net of Unearned Income $ 841,583 As of December 31, 2014 (in thousands) Allowance Individually Allowance Collectively Total Allowance for Credit Losses Loans Individually Loans Collectively Total Loans before Unearned Income Real Estate: Construction & land development $ 126 $ 576 $ 702 $ 4,150 $ 47,944 $ 52,094 Farmland - 21 21 - 13,539 13,539 1 - 4 family 598 1,533 2,131 3,420 114,761 118,181 Multifamily 437 376 813 7,201 7,122 14,323 Non-farm non-residential 468 2,245 2,713 16,287 312,113 328,400 Total Real Estate 1,629 4,751 6,380 31,058 495,479 526,537 Non-Real Estate: Agricultural 262 31 293 2,650 23,628 26,278 Commercial and industrial 19 1,778 1,797 1,664 194,675 196,339 Consumer and other - 371 371 - 42,991 42,991 Unallocated - 264 264 - - - Total Non-Real Estate 281 2,444 2,725 4,314 261,294 265,608 Total $ 1,910 $ 7,195 $ 9,105 $ 35,372 $ 756,773 792,145 Unearned Income (1,824 ) Total Loans Net of Unearned Income $ 790,321 As of December 31, 2015, 2014 and 2013, First Guaranty had loans totaling $20.0 million, $12.2 million and $14.5 million, respectively, not accruing interest. As of December 31, 2015, 2014 and 2013, First Guaranty had loans past due 90 days or more and still accruing interest totaling $0.4 million, $0.6 million and $0.4 million, respectively. The average outstanding balance of nonaccrual loans in 2015 was $14.9 million compared to $13.8 million in 2014 and $17.3 million in 2013. Included in the above table is a loan for $5.3 million and $5.9 million at December 31, 2015 and 2014, respectively, that is no longer considered impaired but is still individually evaluated for impairment since it was formally a restructured credit that subsequently return to market terms. As of December 31, 2015, First Guaranty has no outstanding commitments to advance additional funds in connection with impaired loans. The following is a summary of impaired loans by class at December 31, 2015: As of December 31, 2015 (in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Interest Income Cash Basis Impaired Loans with no related allowance: Real Estate: Construction & land development $ 368 $ 823 $ - $ 825 $ 41 $ 44 Farmland - - - - - - 1 - 4 family 1,054 1,358 - 1,354 79 84 Multifamily 3,728 4,240 - 4,305 254 72 Non-farm non-residential 3,637 4,116 - 4,124 165 147 Total Real Estate 8,787 10,537 - 10,608 539 347 Non-Real Estate: Agricultural 4,863 5,019 - 5,036 300 300 Commercial and industrial - - - - - - Consumer and other 171 317 - 335 27 20 Total Non-Real Estate 5,034 5,336 - 5,371 327 320 Total Impaired Loans with no related allowance 13,821 15,873 - 15,979 866 667 Impaired Loans w ith an allowance recorded: Real estate: Construction & land development - - - - - - Farmland - - - - - - 1 - 4 family 1,995 2,144 611 2,079 103 125 Multifamily - - - - - Non-farm non-residential 10,009 10,841 1,298 11,035 566 569 Total Real Estate 12,004 12,985 1,909 13,114 669 694 Non-Real Estate: Agricultural - - - - - - Commercial and industrial - - - - - - Consumer and other - - - - - - Total Non-Real Estate - - - - - - Total Impaired Loans with an allowance recorded 12,004 12,985 1,909 13,114 669 694 Total Impaired Loans $ 25,825 $ 28,858 $ 1,909 $ 29,093 $ 1,535 $ 1,361 The following is a summary of impaired loans by class at December 31, 2014: As of December 31, 2014 (in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Interest Income Cash Basis Impaired Loans with no related allowance: Real Estate: Construction & land development $ 3,308 $ 4,359 $ - $ 3,479 $ 217 $ 224 Farmland - - - - - - 1 - 4 family 1,368 1,656 - 397 72 43 Multifamily - - - 148 31 34 Non-farm non-residential 7,439 9,008 - 8,694 422 275 Total Real Estate 12,115 15,023 - 12,718 742 576 Non-Real Estate: Agricultural - - - - - - Commercial and industrial - - - - - - Consumer and other - - - - - - Total Non-Real Estate - - - - - - Total Impaired Loans with no related allowance 12,115 15,023 - 12,718 742 576 Impaired Loans w ith an allowance recorded: Real estate: Construction & land development 842 842 126 829 48 43 Farmland - - - - - - 1 - 4 family 2,052 2,068 598 2,062 97 87 Multifamily 1,338 1,337 398 1,340 60 55 Non-farm non-residential 8,848 8,913 468 8,948 317 327 Total Real Estate 13,080 13,160 1,590 13,179 522 512 Non-Real Estate: Agricultural 2,650 2,650 262 - - - Commercial and industrial 1,664 1,854 19 - - - Consumer and other - - - - - - Total Non-Real Estate 4,314 4,504 281 - - - Total Impaired Loans with an allowance recorded 17,394 17,664 1,871 13,179 522 512 Total Impaired Loans $ 29,509 $ 32,687 $ 1,871 $ 25,897 $ 1,264 $ 1,088 Troubled Debt Restructurings A Troubled Debt Restructuring ("TDR") is a debt restructuring in which the creditor for economic or legal reasons related to the debtor's financial difficulties grants a concession to the debtor that it would not otherwise consider. The modifications to First Guaranty's TDRs were concessions on the interest rate charged. The effect of the modifications to First Guaranty was a reduction in interest income. These loans were evaluated in First Guaranty's reserve for loan losses In 2014, there was one credit relationship in the amount of $2.2 million that was restructured in a troubled debt restructuring. The relationship was secured by 1-4 family real estate and a non-farm non-residential real estate property. The relationship was placed on interest only with a reduction in scheduled amortization The following table is an age analysis of TDRs as of December 31, 2015 and December 31, 2014: Troubled Debt Restructurings December 31, 2015 December 31, 2014 Accruing Loans Accruing Loans (in thousands) Current 30-89 Days Past Due Nonaccrual Total TDRs Current 30-89 Days Past Due Nonaccrual Total TDRs Real Estate: Construction & land development $ - $ - $ 368 $ 368 $ - $ - $ - $ - Farmland - - - - - - - - 1 - 4 Family - - 1,702 1,702 - 1,752 - 1,752 Multifamily - - - - - - - - Non-farm non residential 3,431 - 206 3,637 2,998 452 230 3,680 Total Real Estate 3,431 - 2,276 5,707 2,998 2,204 230 5,432 Non-Real Estate: Agricultural - - - - - - - - Commercial and industrial - - - - - - - - Consumer and other - - - - - - - - Total Non-Real Estate - - - - - - - - Total $ 3,431 $ - $ 2,276 $ 5,707 $ 2,998 $ 2,204 $ 230 $ 5,432 The following table discloses TDR activity for the twelve months ended December 31, 2015. Trouble Debt Restructured Loans Activity Twelve Months Ended December 31, 2015 (in thousands) Beginning balance (December 31, 2014) New TDRs Charge-offs post-modification Transferred to ORE Paydowns Construction to permanent financing Restructured to market terms Ending balance (December 31, 2015) Real Estate: Construction & land development $ - $ 368 $ - $ - $ - $ - $ - $ 368 Farmland - - - - - - - - 1 - 4 family 1,752 - - - (50 ) - - 1,702 Multifamily - - - - - - - - Non-farm non-residential 3,680 - (29 ) - (14 ) - - 3,637 Total Real Estate 5,432 368 (29 ) - (64 ) - 5,707 Non-Real Estate: Agricultural - - - - - - - - Commercial and industrial - - - - - - - - Consumer and other - - - - - - - - Total Non-Real Estate - - - - - - - - Total Impaired Loans with no related allowance $ 5,432 $ 368 $ (29 ) $ - $ (64 ) $ - $ - $ 5,707 There were no commitments to lend additional funds to debtors whose terms have been modified in a troubled debt restructuring at December 31, 2015.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Premises and Equipment [Abstract]
Premises and Equipment	Note 7. Premises and Equipment The components of premises and equipment at December 31, 2015 and 2014 are as follows: (in thousands) December 31, 2015 December 31, 2014 Land $ 7,227 $ 6,933 Bank premises 18,914 18,324 Furniture and equipment 21,060 19,995 Construction in progress 2,667 254 Acquired value 49,868 45,506 Less: accumulated depreciation 27,849 26,295 Net book value $ 22,019 $ 19,211 Depreciation expense amounted to $1.6 million, $1.7 million and $1.7 million for 2015, 2014 and 2013, respectively.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 8. Goodwill and Other Intangible Assets Goodwill and intangible assets deemed to have indefinite lives are no longer amortized, but are subject to impairment testing. Other intangible assets continue to be amortized over their useful lives. Goodwill represents the purchase price over the fair value of net assets acquired from the Homestead Bancorp in 2007. No impairment charges have been recognized since acquisition. Goodwill totaled $2.0 million at December 31, 2015 and 2014. The following table summarizes intangible assets subject to amortization. December 31, 2015 December 31, 2014 (in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Core deposit intangibles $ 9,350 $ 8,052 $ 1,298 $ 9,350 $ 7,732 $ 1,618 Mortgage servicing rights 267 171 96 267 152 115 Total $ 9,617 $ 8,223 $ 1,394 $ 9,617 $ 7,884 $ 1,733 The core deposits intangible reflect the value of deposit relationships, including the beneficial rates, which arose from acquisitions. The weighted-average amortization period remaining for the core deposit intangibles is 4.4 years. Amortization expense relating to purchase accounting intangibles totaled $0.3 million, $0.3 million, and $0.3 million for the year ended December 31, 2015, 2014, and 2013, respectively. Amortization expense of the core deposit intangible assets for the next five years is as follows: For the Years Ended Estimated Amortization Expense (in thousands) December 31, 2016 $ 320 December 31, 2017 $ 320 December 31, 2018 $ 320 December 31, 2019 $ 135 December 31, 2020 $ 135

Other Real Estate

Other Real Estate	12 Months Ended
	Dec. 31, 2015
Other Real Estate [Abstract]
Other Real Estate	Note 9. Other Real Estate Other real estate owned consists of the following: (in thousands) December 31, 2015 December 31, 2014 Real Estate Owned Acquired by Foreclosure: Residential $ 880 $ 1,121 Construction & land development 25 127 Non-farm non-residential 672 950 Total Other Real Estate Owned and Foreclosed Property $ 1,577 $ 2,198

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Deposits	Note 10. Deposits A schedule of maturities of all time deposits are as follows: (in thousands) December 31, 2015 2016 $ 401,535 2017 118,340 2018 18,697 2019 28,209 2020 and thereafter 25,229 Total $ 592,010 The table above includes, for December 31, 2015, brokered deposits totaling $26.7 million. The aggregate amount of jumbo time deposits, each with a minimum denomination of $250,000 totaled $305.1 million and $323.7 million at December 31, 2015 and 2014, respectively.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2015
Borrowings [Abstract]
Borrowings	Note 11. Borrowings Short-term borrowings are summarized as follows: (in thousands) December 31, 2015 December 31, 2014 Securities sold under agreements to repurchase $ - $ - Line of credit 1,800 1,800 Total short-term borrowings $ 1,800 $ 1,800 Securities sold under agreements to repurchase, which are classified as secured borrowings, generally mature daily. Interest rates on repurchase agreements are set by Management and are generally based on the 91-day Treasury bill rate. First Guaranty no longer offered repurchase agreements beginning in April 2014. Available lines of credit totaled $206.2 million at December 31, 2015 and $266.7 million at December 31, 2014. The following schedule provides certain information about First Guaranty's short-term borrowings for the periods indicated: December 31, (in thousands except for %) 2015 2014 2013 Outstanding at year end $ 1,800 $ 1,800 $ 5,788 Maximum month-end outstanding $ 13,800 $ 22,356 $ 57,302 Average daily outstanding $ 4,217 $ 6,960 $ 21,387 Weighted average rate during the year 2.12 % 1.08 % 0.98 % Average rate at year end 4.50 % 4.50 % 1.51 % Long-term debt is summarized as follows: Senior long-term debt with a commercial bank, priced at Wall Street Journal Prime plus 75 basis points (4.00%), totaled $0.9 million at December 31, 2015 and $1.5 million at December 31, 2014. First Guaranty pays $50,000 principal plus interest monthly. This loan has a contractual maturity date of May 12, 2017. This long-term debt is secured by a pledge of 13.2% (735,745 shares) of First Guaranty's interest in First Guaranty Bank (a wholly owned subsidiary). Senior long-term debt with a commercial bank, priced at floating 3-month LIBOR plus 250 basis points, totaled $25.0 million at December 31, 2015. First Guaranty pays $625,000 principal plus interest quarterly. This loan was originated in December 2015 and has a contractual maturity date of December 22, 2020. This long-term debt is secured by a pledge of 85% (4,823,899 shares) of First Guaranty's interest in First Guaranty Bank (a wholly owned subsidiary). Junior subordinated debt, priced at Wall Street Journal Prime plus 75 basis points (4.00%), totaled $14.6 million at December 31, 2015. First Guaranty pays interest semi-annually for the Fixed Interest Rate Period and quarterly for the Floating Interest Rate Period. The Note is unsecured and ranks junior in right of payment to any senior indebtedness and obligations to general and secured creditors. The Note was originated in December 2015 is scheduled to mature on December 21, 2025. Subject to limited exceptions, First Guaranty cannot repay the Note until after December 21, 2020. The Note qualifies for treatment as Tier 2 capital for regulatory capital purposes. First Guaranty maintains a revolving line of credit for $2.5 million with an availability of $0.7 million at December 31, 2015. This line of credit is secured by the same collateral as the senior term loan and is priced at 4.50%. At December 31, 2015, letters of credit issued by the FHLB totaling $195.0 million were outstanding and carried as off-balance sheet items, all of which expire in 2016. At December 31, 2014, letters of credit issued by the FHLB totaling $150.0 million were outstanding and carried as off-balance sheet items, all of which expired in 2015. The letters of credit are solely used for pledging towards public fund deposits. The FHLB has a blanket lien on substantially all of the loans in First Guaranty's portfolio which is used to secure borrowing availability from the FHLB. First Guaranty has obtained a subordination agreement from the FHLB on First Guaranty's farmland, agricultural, and commercial and industrial loans. These loans are available to be pledged for additional reserve liquidity. As of December 31, 2015 obligations on senior long-term debt and junior subordinated debentures totalled $40.4 million. The scheduled maturities are as follows: (in thousands) Long-term Debt Junior Subordinated Debentures 2016 $ 3,100 $ - 2017 2,755 - 2018 2,500 - 2019 2,500 - 2020 2,500 - 2021 and thereafter 12,500 15,000 Subtotal $ 25,855 $ 15,000 Debt issuance costs (31 ) (403 ) Total $ 25,824 $ 14,597

Preferred Stock

Preferred Stock	12 Months Ended
	Dec. 31, 2015
Preferred Stock [Abstract]
Preferred Stock	Note 12. Preferred Stock On September 22, 2011, First Guaranty received $39.4 million in funds from the U.S. Treasury's Small Business Lending Fund program. $21.1 million of the funds were used to redeem First Guaranty's Series A and B Preferred Stock issued to the U.S. Treasury under the Capital Purchase Program. The Preferred Series C shares received quarterly dividends and the initial dividend rate was 5.00%. The dividend rate was based on qualified loan growth two quarters in arrears. During 2014 First Guaranty achieved the growth in qualified loans required to achieve the 1.0% dividend rate. The 1.0% rate was locked in until December 31, 2015. During 2015 First Guaranty paid $0.4 million in preferred stock dividends compared to $0.4 million in 2014 and $0.7 million in 2013. On December 22, 2015, First Guaranty redeemed all of the 39,435 shares of its Senior Non-Cumulative Perpetual Preferred Stock, Series C, that had been issued to the United States Department of Treasury pursuant to the Small Business Lending Fund (the "SBLF"). The shares were redeemed at their liquidation value of $1,000 per share plus accrued and unpaid dividends to, but excluding December 22, 2015, for a total redemption price of $39.5 million. The redemption was approved by the Federal Reserve Bank of Atlanta and the United States Department of Treasury. The redemption terminated First Guaranty's participation in the SBLF.

Capital Requirements

Capital Requirements	12 Months Ended
	Dec. 31, 2015
Capital Requirements [Abstract]
Capital Requirements	Note 13. Capital Requirements First Guaranty and the Bank are subject to various regulatory capital requirements administered by federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions that, if undertaken, could have a direct material effect on First Guaranty's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, First Guaranty and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Quantitative measures established by regulation to ensure capital adequacy require First Guaranty and the Bank to maintain minimum amounts and ratios of total and Tier 1 capital to risk-weighted assets and of Tier 1 capital to average assets. Management believes, as of December 31, 2015 and 2014, that First Guaranty and the Bank met all capital adequacy requirements. As of December 31, 2015, the most recent notification from the Federal Deposit Insurance Corporation categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events since the notification that Management believes have changed the Bank’s category. First Guaranty's and the Bank’s actual capital amounts and ratios as of December 31, 2015 and 2014 are presented in the following table. Actual Minimum Capital Requirements Minimum to be Well Capitalized Under Action Provisions (in thousands except for %) Amount Ratio Amount Ratio Amount Ratio December 31, 2015 Total Risk-based Capital: Consolidated $ 141,022 13.13 % $ 85,952 8.00 % N/A N/A Bank $ 148,316 13.86 % $ 85,632 8.00 % $ 107,040 10.00 % Tier 1 Capital: Consolidated $ 116,607 10.85 % $ 64,464 6.00 % N/A N/A Bank $ 138,901 12.98 % $ 64,224 6.00 % $ 85,632 8.00 % Tier 1 Leverage Capital: Consolidated $ 116,607 8.17 % $ 57,121 4.00 % N/A N/A Bank $ 138,901 9.74 % $ 57,062 4.00 % $ 71,328 5.00 % Common Equity Tier One Capital: Consolidated $ 116,607 10.85 % $ 48,348 4.50 % N/A N/A Bank $ 138,901 12.98 % $ 48,168 4.50 % $ 69,576 6.50 % December 31, 2014 Total Risk-based Capital: Consolidated $ 144,834 14.05 % $ 82,486 8.00 % N/A N/A Bank $ 143,426 13.96 % $ 82,170 8.00 % $ 102,712 10.00 % Tier 1 Capital: Consolidated $ 135,727 13.16 % $ 41,243 4.00 % N/A N/A Bank $ 134,319 13.08 % $ 41,085 4.00 % $ 61,627 6.00 % Tier 1 Leverage Capital: Consolidated $ 135,737 9.33 % $ 58,173 4.00 % N/A N/A Bank $ 134,319 9.26 % $ 58,025 4.00 % $ 72,532 5.00 % Common Equity Tier One Capital: N/A N/A N/A N/A N/A N/A Consolidated N/A N/A N/A N/A N/A N/A Bank

Dividend Restrictions

Dividend Restrictions	12 Months Ended
	Dec. 31, 2015
Dividend Restrictions [Abstract]
Dividend Restrictions	Note 14. Dividend Restrictions The Federal Reserve Bank ("FRB") has stated that, generally, a bank holding company should not maintain a rate of distributions to shareholders unless its available net income has been sufficient to fully fund the distributions, and the prospective rate of earnings retention appears consistent with the bank holding company’s capital needs, asset quality and overall financial condition. As a Louisiana corporation, First Guaranty is restricted under the Louisiana corporate law from paying dividends under certain conditions. First Guaranty Bank may not pay dividends or distribute capital assets if it is in default on any assessment due to the FDIC. First Guaranty Bank is also subject to regulations that impose minimum regulatory capital and minimum state law earnings requirements that affect the amount of cash available for distribution. In addition, under the Louisiana Banking Law, dividends may not be paid if it would reduce the unimpaired surplus below 50% of outstanding capital stock in any year. The Bank is restricted under applicable laws in the payment of dividends to an amount equal to current year earnings plus undistributed earnings for the immediately preceding year, unless prior permission is received from the Commissioner of Financial Institutions for the State of Louisiana. Dividends payable by the Bank in 2016 without permission will be limited to 2016 earnings plus the undistributed earnings of $3.5 million from 2015. Accordingly, at January 1, 2016, $137.0 million of First Guaranty's equity in the net assets of the Bank was restricted. In addition, dividends paid by the Bank to First Guaranty would be prohibited if the effect thereof would cause the Bank’s capital to be reduced below applicable minimum capital requirements.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 15. Related Party Transactions In the normal course of business, First Guaranty and its subsidiary, First Guaranty Bank, have loans, deposits and other transactions with its executive officers, directors and certain business organizations and individuals with which such persons are associated. These transactions are completed with terms no less favorable than current market rates. An analysis of the activity of loans made to such borrowers during the year ended December 31, 2015 and 2014 follows: December 31, (in thousands) 2015 2014 Balance, beginning of year $ 53,808 $ 49,951 Net Increase 4,008 3,857 Balance, end of year $ 57,816 $ 53,808 Unfunded commitments to First Guaranty and Bank directors and executive officers totaled $31.6 million and $19.7 million at December 31, 2015 and 2014, respectively. At December 31, 2015 First Guaranty and the Bank had deposits from directors and executives totaling $22.7 million. There were no participations in loans purchased from affiliated financial institutions included in First Guaranty's loan portfolio in 2015 or 2014. During the years ended 2015, 2014 and 2013, First Guaranty paid approximately $0.2 million, $0.2 million and $0.5 million, respectively, for printing services and supplies and office furniture and equipment to Champion Industries, Inc., of which Mr. Marshall T. Reynolds, the Chairman of First Guaranty's Board of Directors, is President, Chief Executive Officer, Chairman of the Board of Directors and a major shareholder of Champion. First Guaranty paid insurance expenses of $0, $2.3 million and $2.4 million for 2015, 2014 and 2013, respectively for participation in an employee medical benefit plan in which several entities under common ownership of First Guaranty's Chairman participate. First Guaranty terminated the plan in 2014 and enrolled in a fully insured plan from a third party national provider of health insurance. First Guaranty paid travel expenses to Sabre Transportation, Inc. of $0, $0 and $49,000 for 2015, 2014 and 2013, respectively. These expenses include the utilization of an aircraft, fuel, air crew and ramp fees. The Harrah and Reynolds Corporation, of which Mr. Reynolds is President and Chief Executive Officer and sole shareholder, has controlling interest in Sabre Transportation, Inc.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2015
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 16. Employee Benefit Plans First Guaranty has an employee savings plan to which employees, who meet certain service requirements, may defer 1% to 20% of their base salaries, 6% of which may be matched up to 100%, at its sole discretion. Contributions to the savings plan were $86,000, $87,000 and $81,000 in 2015, 2014 and 2013, respectively. First Guaranty has a n Employee Stock Ownership Plan (“ESOP”) which was frozen in 2010. No contributions were made to the ESOP for the years 2015, 2014 or 2013. As of December 31, 2015, the ESOP held 14,653 shares. First Guaranty does not plan to make future contributions to this plan.

Other Expenses

Other Expenses	12 Months Ended
	Dec. 31, 2015
Other Expenses [Abstract]
Other Expenses	Note 17. Other Expenses The following is a summary of the significant components of other noninterest expense: December 31, (in thousands) 2015 2014 2013 Other noninterest expense: Legal and professional fees $ 2,019 $ 1,982 $ 2,347 Data processing 1,184 1,153 1,269 Marketing and public relations 848 700 638 Taxes - sales, capital and franchise 717 605 584 Operating supplies 414 410 487 Travel and lodging 818 566 563 Telephone 172 242 206 Amortization of core deposits 320 320 320 Donations 332 150 294 Net costs from other real estate and repossessions 493 1,374 941 Regulatory assessment 1,111 1,181 1,784 Other 3,326 3,143 3,237 Total other noninterest expense $ 11,754 $ 11,826 $ 12,670 First Guaranty does not capitalize advertising costs. They are expensed as incurred and are included in other noninterest expense on the Consolidated Statements of Income. Advertising expense was $0.6 million, $0.4 million and $0.4 million for 2015, 2014 and 2013, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Income Taxes	Note 18. Income Taxes The following is a summary of the provision for income taxes included in the Consolidated Statements of Income: December 31, (in thousands) 2015 2014 2013 Current $ 7,347 $ 4,898 $ 4,748 Deferred (384 ) 594 (171 ) Total $ 6,963 $ 5,492 $ 4,577 The difference between income taxes computed by applying the statutory federal income tax rate and the provision for income taxes in the financial statements is reconciled as follows: December 31, (in thousands except for %) 2015 2014 2013 Statutory tax rate 35.0 % 35.0 % 35.0 % Federal income taxes at statutory rate $ 7,514 $ 5,851 $ 4,803 Tax exempt municipal income (436 ) (284 ) (133 ) Other (115 ) (75 ) (93 ) Total $ 6,963 $ 5,492 $ 4,577 Deferred taxes are recorded based upon differences between the financial statement and tax basis of assets and liabilities, and available tax credit carry forwards. Temporary differences between the financial statement and tax values of assets and liabilities give rise to deferred taxes. The significant components of deferred taxes classified in First Guaranty's Consolidated Balance Sheets at December 31, 2015 and 2014 are as follows: December 31, (in thousands) 2015 2014 Deferred tax assets: Allowance for loan losses $ 3,201 $ 3,096 Other real estate owned 127 148 Unrealized losses on available for sale securities 445 - Other 541 407 Gross deferred tax assets 4,314 3,651 Deferred tax liabilities: Depreciation and amortization (1,588 ) (1,779 ) Core deposit intangibles (441 ) (550 ) Unrealized gains on available for sale securities - (124 ) Other (373 ) (359 ) Gross deferred tax liabilities (2,402 ) (2,812 ) Net deferred tax assets $ 1,912 $ 839 As of December 31, 2015 and 2014, there were no net operating loss carryforwards for income tax purposes. ASC 740-10, Income Taxes, First Guaranty recognizes interest and penalties accrued related to unrecognized tax benefits, if applicable, in noninterest expense. During the years ended December 31, 2015, 2014 and 2013, First Guaranty did not recognize any interest or penalties in its consolidated financial statements, nor has it recorded an accrued liability for interest or penalty payments.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 19. Commitments and Contingencies Off-balance sheet commitments First Guaranty is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit and standby and commercial letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Consolidated Balance Sheets. The contract or notional amounts of those instruments reflect the extent of the involvement in particular classes of financial instruments. The exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby and commercial letters of credit is represented by the contractual notional amount of those instruments. Unless otherwise noted, collateral or other security is not required to support financial instruments with credit risk. Set forth below is a summary of the notional amounts of the financial instruments with off-balance sheet risk at December 31, 2015 and December 31, 2014. (in thousands) December 31, 2015 December 31, 2014 Contract Amount Commitments to Extend Credit $ 88,081 $ 59,675 Unfunded Commitments under lines of credit $ 107,581 $ 111,247 Commercial and Standby letters of credit $ 7,486 $ 7,743 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Each customer's creditworthiness is evaluated on a case-by-case basis. The amount of collateral obtained, if deemed necessary upon extension of credit, is based on Management's credit evaluation of the counterpart. Collateral requirements vary but may include accounts receivable, inventory, property, plant and equipment, residential real estate and commercial properties. Standby and commercial letters of credit are conditional commitments to guarantee the performance of a customer to a third party. These guarantees are primarily issued to support public and private borrowing arrangements, including commercial paper, bond financing and similar transactions. The majority of these guarantees are short-term, one year or less; however, some guarantees extend for up to three years. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities. Collateral requirements are the same as on-balance sheet instruments and commitments to extend credit. There were no losses incurred on off-balance sheet commitments in 2015, 2014 or 2013.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 20. Fair Value Measurements The fair value of a financial instrument is the current amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. Valuation techniques use certain inputs to arrive at fair value. Inputs to valuation techniques are the assumptions that market participants would use in pricing the asset or liability. They may be observable or unobservable. First Guaranty uses a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1 Inputs Level 2 Inputs Level 3 Inputs A description of the valuation methodologies used for instruments measured at fair value follows, as well as the classification of such instruments within the valuation hierarchy. Securities available for sale . Securities are classified within Level 1 where quoted market prices are available in an active market. Inputs include securities that have quoted prices in active markets for identical assets. If quoted market prices are unavailable, fair value is estimated using quoted prices of securities with similar characteristics, at which point the securities would be classified within Level 2 of the hierarchy. Securities classified Level 3 as of December 31, 2015 include municipal bonds and an equity security. Impaired loans Loans are measured for impairment using the methods permitted by ASC Topic 310. Fair value of impaired loans is measured by either the fair value of the collateral if the loan is collateral dependent (Level 2 or Level 3), or the present value of expected future cash flows, discounted at the loan's effective interest rate (Level 3). Fair value of the collateral is determined by appraisals or by independent valuation. Other real estate owned . Properties are recorded at the balance of the loan or at estimated fair value less estimated selling costs, whichever is less, at the date acquired. Fair values of other real estate owned ("OREO") at December 31, 2015 and 2014 are determined by sales agreement or appraisal, and costs to sell are based on estimation per the terms and conditions of the sales agreement or amounts commonly used in real estate transactions. Inputs include appraisal values or recent sales activity for similar assets in the property’s market; thus OREO measured at fair value would be classified within either Level 2 or Level 3 of the hierarchy. Certain non-financial assets and non-financial liabilities are measured at fair value on a non-recurring basis including assets and liabilities related to reporting units measured at fair value in the testing of goodwill impairment, as well as intangible assets and other non-financial long-lived assets measured at fair value for impairment assessment. The following table summarizes financial assets measured at fair value on a recurring basis as of December 31, 2015 and 2014, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) December 31, 2015 December 31, 2014 Available for Sale Securities Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ 30,501 $ 36,504 Level 2: Significant Other Observable Inputs 338,167 454,524 Level 3: Significant Unobservable Inputs 7,701 8,780 Securities available for sale measured at fair value $ 376,369 $ 499,808 First Guaranty's valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While Management believes the methodologies used are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value. The change in Level 1 securities available for sale from December 31, 2014 was due to a reduction in Treasury bills of $6.0 million. The change in Level 2 securities available for sale from December 31, 2014 was due principally to the sale of short term agency securities. The following table reconciles assets measured at fair value on a recurring basis using unobservable inputs ( Level 3 Level 3 Changes (in thousands) December 31, 2015 December 31, 2014 Balance, beginning of year $ 8,780 $ 5,834 Total gains or losses (realized/unrealized): Included in earnings - - Included in other comprehensive income - - Purchases, sales, issuances and settlements, net (1,079 ) 2,946 Transfers in and/or out of Level 3 - - Balance as of end of year $ 7,701 $ 8,780 There were no gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held as of December 31, 2015. The following table measures financial assets and financial liabilities measured at fair value on a non-recurring basis as of December 31, 2015, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) At December 31, 2015 At December 31, 2014 Fair Value Measurements Using: Impaired Loans Level 1: Quoted Prices in Active Markets For Identical Assets $ - $ - Level 2: Significant Other Observable Inputs 293 5,244 Level 3: Significant Unobservable Inputs 16,401 15,618 Impaired loans measured at fair value $ 16,694 $ 20,862 Fair Value Measurements Using: Other Real Estate Owned Level 1: Quoted Prices in Active Markets For Identical Assets $ - $ - Level 2: Significant Other Observable Inputs 1,104 1,847 Level 3: Significant Unobservable Inputs 473 351 Other real estate owned measured at fair value $ 1,577 $ 2,198 ASC 825-10 provides First Guaranty with an option to report First Guaranty has chosen not to elect the fair value option for any items that are not already required to be measured at fair value in accordance with accounting principles generally accepted in the United States.

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2015
Financial Instruments [Abstract]
Financial Instruments	Note 21. Financial Instruments Fair value estimates are generally subjective in nature and are dependent upon a number of significant assumptions associated with each instrument or group of similar instruments, including estimates of discount rates, risks associated with specific financial instruments, estimates of future cash flows and relevant available market information. Fair value information is intended to represent an estimate of an amount at which a financial instrument could be exchanged in a current transaction between a willing buyer and seller engaging in an exchange transaction. However, since there are no established trading markets for a significant portion of First Guaranty's financial instruments, First Guaranty may not be able to immediately settle financial instruments; as such, the fair values are not necessarily indicative of the amounts that could be realized through immediate settlement. In addition, the majority of the financial instruments, such as loans and deposits, are held to maturity and are realized or paid according to the contractual agreement with the customer. Quoted market prices are used to estimate fair values when available. However, due to the nature of the financial instruments, in many instances quoted market prices are not available. Accordingly, estimated fair values have been estimated based on other valuation techniques, such as discounting estimated future cash flows using a rate commensurate with the risks involved or other acceptable methods. Fair values are estimated without regard to any premium or discount that may result from concentrations of ownership of financial instruments, possible income tax ramifications or estimated transaction costs. The fair value estimates are subjective in nature and involve matters of significant judgment and, therefore, cannot be determined with precision. Fair values are also estimated at a specific point in time and are based on interest rates and other assumptions at that date. As events change the assumptions underlying these estimates, the fair values of financial instruments will change. Disclosure of fair values is not required for certain items such as lease financing, investments accounted for under the equity method of accounting, obligations of pension and other postretirement benefits, premises and equipment, other real estate, prepaid expenses, the value of long-term relationships with depositors (core deposit intangibles) and other customer relationships, other intangible assets and income tax assets and liabilities. Fair value estimates are presented for existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. In addition, the tax ramifications related to the realization of the unrealized gains and losses have not been considered in the estimates. Accordingly, the aggregate fair value amounts presented do not purport to represent and should not be considered representative of the underlying market or franchise value of First Guaranty. Because the standard permits many alternative calculation techniques and because numerous assumptions have been used to estimate the fair values, reasonable comparison of the fair value information with other financial institutions' fair value information cannot necessarily be made. The methods and assumptions used to estimate the fair values of financial instruments are as follows: Cash and due from banks, interest-bearing deposits with banks, federal funds sold and federal funds purchased . These items are generally short-term and the carrying amounts reported in the consolidated balance sheets are a reasonable estimation of the fair values. Investment Securities. Fair values are principally based on quoted market prices. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments or the use of discounted cash flow analyses. Loans Held for Sale. Fair values of mortgage loans held for sale are based on commitments on hand from investors or prevailing market prices. These loans are classified within level 3 of the fair value hierarchy. Loans, net . Market values are computed present values using net present value formulas. The present value is the sum of the present value of all projected cash flows on an item at a specified discount rate. The discount rate is set as an appropriate rate index, plus or minus an appropriate spread. These loans are classified within level 3 of the fair value hierarchy. Impaired loans Fair value of impaired loans is measured by either the fair value of the collateral if the loan is collateral dependent (Level 2 or Level 3), or the present value of expected future cash flows, discounted at the loan's effective interest rate (Level 3). Fair value of the collateral is determined by appraisals or by independent valuation. Accrued interest receivable. The carrying amount of accrued interest receivable approximates its fair value. Deposits. Market values are actually computed present values using net present value formulas. The present value is the sum of the present value of all projected cash flows on an item at a specified discount rate. The discount rate is set as an appropriate rate index, plus or minus an appropriate spread. Deposits are classified within level 3 of the fair value hierarchy. Accrued interest payable. The carrying amount of accrued interest payable approximates its fair value. Borrowings . The carrying amount of federal funds purchased and other short-term borrowings approximate their fair values. The fair value of First Guaranty's long-term borrowings is computed using net present value formulas. The present value is the sum of the present value of all projected cash flows on an item at a specified discount rate. The discount rate is set as an appropriate rate index, plus or minus an appropriate spread. Borrowings are classified within level 3 of the fair value hierarchy. Other Unrecognized Financial Instruments. The fair value of commitments to extend credit is estimated using the fees charged to enter into similar legally binding agreements, taking into account the remaining terms of the agreements and customers' credit ratings. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. Noninterest-bearing deposits are held at cost. The fair values of letters of credit are based on fees charged for similar agreements or on estimated cost to terminate them or otherwise settle the obligations with the counterparties at the reporting date. At December 31, 2015 and 2014 the fair value of guarantees under commercial and standby letters of credit was not material. The estimated fair values and carrying values of the financial instruments at December 31, 2015 and 2014 are presented in the following table: December 31, 2015 2014 (in thousands) Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Assets Cash and cash equivalents $ 37,272 $ 37,272 $ 44,575 $ 44,575 Securities, available for sale $ 376,369 $ 376,369 $ 499,808 $ 499,808 Securities, held to maturity $ 169,752 $ 168,148 $ 141,795 $ 139,688 Federal Home Loan Bank stock $ 935 $ 935 $ 1,621 $ 1,621 Loans, net $ 832,168 $ 831,731 $ 781,216 $ 780,470 Accrued interest receivable $ 6,015 $ 6,015 $ 6,384 $ 6,384 Liabilities Deposits $ 1,295,870 $ 1,296,468 $ 1,371,839 $ 1,373,537 Borrowings $ 27,624 $ 27,624 $ 3,255 $ 3,255 Junior subordinated debentures $ 14,597 $ 14,597 $ - $ - Accrued interest payable $ 1,707 $ 1,707 $ 1,997 $ 1,997 There is no material difference between the contract amount and the estimated fair value of off-balance sheet items that are primarily comprised of short-term unfunded loan commitments that are generally at market prices .

Concentrations of Credit and Ot

Concentrations of Credit and Other Risks	12 Months Ended
	Dec. 31, 2015
Concentrations of Credit and Other Risks [Abstract]
Concentrations of Credit and Other Risks	Note 22. Concentrations of Credit and Other Risks First Guaranty monitors loan portfolio concentrations by region, collateral type, loan type, and industry on a monthly basis and has established maximum thresholds as a percentage of its capital to ensure that the desired mix and diversification of its loan portfolio is achieved. First Guaranty is compliant with the established thresholds as of December 31, 2015. Personal, commercial and residential loans are granted to customers, most of who reside in northern and southern areas of Louisiana. Although First Guaranty has a diversified loan portfolio, significant portions of the loans are collateralized by real estate located in Tangipahoa Parish and surrounding parishes in Southeast Louisiana. Declines in the Louisiana economy could result in lower real estate values which could, under certain circumstances, result in losses to First Guaranty. The distribution of commitments to extend credit approximates the distribution of loans outstanding. Commercial and standby letters of credit were granted primarily to commercial borrowers. Generally, credit is not extended in excess of $10.0 million to any single borrower or group of related borrowers. Approximately 43.9% of First Guaranty's deposits are derived from local governmental agencies at December 31, 2015. These governmental depositing authorities are generally long-term customers. A number of the depositing authorities are under contractual obligation to maintain their operating funds exclusively with First Guaranty. In most cases, First Guaranty is required to pledge securities or letters of credit issued by the Federal Home Loan Bank to the depositing authorities to collateralize their deposits. Under certain circumstances, the withdrawal of all of, or a significant portion of, the deposits of one or more of the depositing authorities may result in a temporary reduction in liquidity, depending primarily on the maturities and/or classifications of the securities pledged against such deposits and the ability to replace such deposits with either new deposits or other borrowings. Public fund deposits totaled $568.7 million at December 31, 2015.

Litigation

Litigation	12 Months Ended
	Dec. 31, 2015
Litigation [Abstract]
Litigation	Note 23. Litigation First Guaranty is subject to various legal proceedings in the normal course of its business. It is Management’s belief that the ultimate resolution of such claims will not have a material adverse effect on First Guaranty's financial position or results of operations.

Condensed Parent Company Inform

Condensed Parent Company Information	12 Months Ended
	Dec. 31, 2015
Condensed Parent Company Information [Abstract]
Condensed Parent Company Information	Note 24. Condensed Parent Company Information The following condensed financial information reflects the accounts and transactions of First Guaranty Bancshares, Inc. for the dates indicated: First Guaranty Bancshares, Inc. Condensed Balance Sheets December 31, (in thousands) 2015 2014 Assets Cash $ 16,862 $ 723 Investment in bank subsidiary 140,518 138,176 Investment Securities (available for sale, at fair value) 80 70 Other assets 3,233 5,129 Total Assets $ 160,693 $ 144,098 Liabilities and Shareholders' Equity Short-term debt $ 1,800 $ 1,800 Senior long-term debt 25,824 2,439 Junior subordinated debentures 14,597 - Other liabilities 248 276 Total Liabilities 42,469 4,515 Shareholders' Equity 118,224 139,583 Total Liabilities and Shareholders' Equity $ 160,693 $ 144,098 First Guaranty Bancshares, Inc. Condensed Statements of Income December 31, (in thousands) 2015 2014 2013 Operating Income Dividends received from bank subsidiary $ 9,843 $ 6,448 $ 4,669 Net gains on securities 2,652 - - Other income 261 162 90 Total operating income 12,756 6,610 4,759 Operating Expenses Interest expense 192 130 115 Salaries & Benefits 172 140 88 Other expenses 766 464 449 Total operating expenses 1,130 734 652 Income before income tax benefit and increase in equity in undistributed earnings of subsidiary 11,626 5,876 4,107 Income tax benefit (expense) (605 ) 229 212 Income before increase in equity in undistributed earnings of subsidiary 11,021 6,105 4,319 Increase in equity in undistributed earnings of subsidiary 3,484 5,119 4,827 Net Income 14,505 11,224 9,146 Less preferred stock dividends (384 ) (394 ) (713 ) Net income available to common shareholders $ 14,121 $ 10,830 $ 8,433 First Guaranty Bancshares, Inc. Condensed Statements of Cash Flows December 31, (in thousands) 2015 2014 2013 Cash flows from operating activities: Net income $ 14,505 $ 11,224 $ 9,146 Adjustments to reconcile net income to net cash provided by operating activities: Increase in equity in undistributed earnings of subsidiary $ (3,484 ) $ (5,119 ) (4,827 ) Gain on sale of securities (2,652 ) - - Net change in other liabilities (28 ) 55 2 Net change in other assets 396 (3,383 ) 161 Net cash provided by operating activities 8,737 2,777 4,482 Cash flows from investing activities: Proceeds from maturities, calls and sales of AFS securities 4,152 - - Funds Invested in AFS securities (10 ) (5 ) - Net cash provided by (used in) investing activities 4,142 (5 ) - Cash flows from financing activities: Proceeds from long-term debt, net of costs 24,969 2,555 - Repayment of long-term debt (1,584 ) (616 ) (600 ) Proceeds from junior subordinated debentures, net of costs 14,597 - - Issuance of common stock, net of costs 9,344 - - Redemption of preferred stock (39,435 ) - - Dividends paid (4,631 ) (4,421 ) (4,740 ) Net cash provided by (used in) financing activities 3,260 (2,482 ) (5,340 ) Net increase (decrease) in cash and cash equivalents 16,139 290 (858 ) Cash and cash equivalents at the beginning of the period 723 433 1,291 Cash and cash equivalents at the end of the period $ 16,862 $ 723 $ 433

Business and Summary of Signi34

Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Business and Summary of Significant Accounting Policies [Abstract]
Consolidation	Consolidation The consolidated financial statements include the accounts of First Guaranty Bancshares, Inc., and its wholly owned subsidiary, First Guaranty Bank. All significant intercompany balances and transactions have been eliminated in consolidation.
Acquisition Accounting	Acquisition Accounting Acquisitions are accounted for under the purchase method of accounting. Purchased assets, including identifiable intangibles, and assumed liabilities are recorded at their respective acquisition date fair values. If the fair value of net assets purchased exceeds the consideration given, a gain on acquisition is recognized. If the consideration given exceeds the fair value of the net assets received, goodwill is recognized. Fair values are subject to refinement for up to one year after the closing date of an acquisition as information relative to closing date fair values becomes available. Purchased loans acquired in a business combination are recorded at estimated fair value on their purchase date with no carryover of the related allowance for loan losses. See Acquired Loans
Use of Estimates	Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expense during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near-term relate to the determination of the allowance for loan losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of investment securities. In connection with the determination of the allowance for loan losses and real estate owned, First Guaranty obtains independent appraisals for significant properties.
Cash and Cash Equivalents	Cash and cash equivalents For purposes of reporting cash flows, cash and cash equivalents are defined as cash, due from banks, interest-bearing demand deposits with banks and federal funds sold with maturities of three months or less.
Securities	Securities First Guaranty reviews its financial position, liquidity and future plans in evaluating the criteria for classifying investment securities. Debt securities that Management has the ability and intent to hold to maturity are classified as held to maturity and carried at cost, adjusted for amortization of premiums and accretion of discounts using methods approximating the interest method. Securities available for sale are stated at fair value. The unrealized difference, if any, between amortized cost and fair value of these AFS securities is excluded from income and is reported, net of deferred taxes, in accumulated other comprehensive income as a part of shareholders’ equity. Details of other comprehensive income are reported in the consolidated statements of comprehensive income. Realized gains and losses on securities are computed based on the specific identification method and are reported as a separate component of other income. Amortization of premiums and discounts is included in interest income. Discounts and premiums related to debt securities are amortized using the effective interest rate method. Management evaluates securities for other-than-temporary impairment ("OTTI") at least on a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. In estimating other-than-temporary losses, management considers the length of time and extent that fair value has been less than cost and the financial condition and near term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings.
Loans Held for Sale	Loans held for sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. Loans held for sale have primarily been fixed rate single-family residential mortgage loans under contract to be sold in the secondary market. In most cases, loans in this category are sold within thirty days. Buyers generally have recourse to return a purchased loan under limited circumstances. Recourse conditions may include early payment default, breach of representations or warranties and documentation deficiencies. Mortgage loans held for sale are generally sold with the mortgage servicing rights released. Gains or losses on sales of mortgage loans are recognized based on the differences between the selling price and the carrying value of the related mortgage loans sold.
Loans	Loans Loans are stated at the principal amounts outstanding, net of unearned income and deferred loan fees. In addition to loans issued in the normal course of business, overdrafts on customer deposit accounts are considered to be loans and reclassified as such. Interest income on all classifications of loans is calculated using the simple interest method on daily balances of the principal amount outstanding. Accrual of interest is discontinued on a loan when Management believes, after considering economic and business conditions and collection efforts, the borrower’s financial condition is such that reasonable doubt exists as to the full and timely collection of principal and interest. This evaluation is made for all loans that are 90 days or more contractually past due. When a loan is placed in nonaccrual status, all interest previously accrued but not collected is reversed against current period interest income. Income on such loans is then recognized only to the extent that cash is received and where the future collection of interest and principal is probable. Loans are returned to accrual status when, in the judgment of Management, all principal and interest amounts contractually due are reasonably assured to be collected within a reasonable time frame and when the borrower has demonstrated payment performance of cash or cash equivalents; generally for a period of six months. All loans, except mortgage loans, are considered past due if they are past due 30 days. Mortgage loans are considered past due when two consecutive payments have been missed. Loans that are past due 90-120 days and deemed uncollectible are charged-off. The loan charge off is a reduction of the allowance for loan losses.
Troubled Debt Restructurings (TDRs)	Troubled Debt Restructurings (TDRs) TDRs are loans in which the borrower is experiencing financial difficulty at the time of restructuring, and the Bank has granted a concession to the borrower. TDRs are undertaken in order to improve the likelihood of recovery on the loan and may take the form of modifications made with the stated interest rate lower than the current market rate for new debt with similar risk, other modifications to the structure of the loan that fall outside of normal underwriting policies and procedures, or in limited circumstances forgiveness of principal and / or interest. TDRs can involve loans remaining on non-accrual, moving to non-accrual, or continuing on accrual status, depending on the individual facts and circumstances of the borrower. TDRs are subject to policies governing accrual and non-accrual evaluation consistent with all other loans as discussed in the “Loans” section above. All loans with the TDR designation are considered to be impaired, even if they are accruing. First Guaranty's policy is to evaluate TDRs that have subsequently been restructured and returned to market terms after 12 months of performance. The evaluation includes a review of the loan file and analysis of the credit to assess the loan terms, including interest rate to insure such terms are consistent with market terms. The loan terms are compared to a sampling of loans with similar terms and risk characteristics, including loans originated by First Guaranty and loans lost to a competitor. The sample provides a guide to determine market terms pursuant to ASC 310-40-50-2. The loan is also evaluated at that time for impairment A loan determined to be restructured to market terms and not considered impaired will no longer be disclosed as a TDR in the years following the restructuring. These loans will continue to be individually evaluated for impairment.
Credit Quality	Credit Quality First Guaranty's credit quality indicators are pass, special mention, substandard, and doubtful. Loans included in the pass category are performing loans with satisfactory debt coverage ratios, collateral, payment history, and documentation requirements. Special mention loans have potential weaknesses that deserve close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects. Borrowers may be experiencing adverse operating trends (declining revenues or margins) or an ill proportioned balance sheet (e.g., increasing inventory without an increase in sales, high leverage, tight liquidity). Adverse economic or market conditions, such as interest rate increases or the entry of a new competitor, may also support a special mention rating. Nonfinancial reasons include management problems, pending litigation, an ineffective loan agreement or other material structural weakness, and any other significant deviation from prudent lending practices. A substandard loan is inadequately protected by the paying capacity of the obligor or of the collateral pledged, if any. Loans classified as substandard have a well-defined weakness. They are characterized by the distinct possibility that First Guaranty will sustain some loss if the deficiencies are not corrected. These loans require more intensive supervision. Substandard loans are generally characterized by current or expected unprofitable operations, inadequate debt service coverage, inadequate liquidity, or marginal capitalization. Repayment may depend on collateral or other credit risk mitigates. For some substandard loans, the likelihood of full collection of interest and principal may be in doubt and interest is no longer accrued. Consumer loans that are 90 days or more past due or that are nonaccrual are considered substandard. Doubtful loans have the weaknesses of substandard loans with the additional characteristic that the weaknesses make collection or liquidation in full questionable and there is a high probability of loss based on currently existing facts, conditions and values. A loan is considered impaired when, based on current information and events, it is probable that First Guaranty will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by Management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. This process is only applied to impaired loans or relationships in excess of $250,000. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, individual consumer and residential loans are not separately identified for impairment disclosures, unless such loans are the subject of a restructuring agreement. Loans that have been restructured in a troubled debt restructuring will continue to be evaluated individually for impairment, including those no longer requiring disclosure.
Acquired Loans	Acquired Loans Loans are recorded at estimated fair value on their purchase date with no carryover of the related allowance for loan losses. Acquired loans are segregated between those with deteriorated credit quality at acquisition and those deemed as performing. To make this determination, Management considers such factors as past due status, nonaccrual status, credit risk ratings, interest rates and collateral position. The fair value of acquired loans deemed performing is determined by discounting cash flows, both principal and interest, for each pool at prevailing market interest rates as well as consideration of inherent potential losses. The difference between the fair value and principal balances due at acquisition date, the fair value discount, is accreted into income over the estimated life of each loan pool. Loans acquired in a business combination are recorded at their estimated fair value on their purchase date with no carryover of the related allowance for loan losses. Performing acquired loans are subsequently evaluated for any required allowance at each reporting date. An allowance for loan losses is calculated using a similar methodology for originated loans.
Loan Fees and Costs	Loan fees and costs Nonrefundable loan origination and commitment fees and direct costs associated with originating loans are deferred and recognized over the lives of the related loans as an adjustment to the loans' yield using the level yield method.
Allowance for Loan Losses	Allowance for loan losses The allowance for loan losses is established through a provision for loan losses charged to expense. Loans are charged against the allowance for loan losses when Management believes that the collectability of the principal is unlikely. The allowance, which is based on evaluation of the collectability of loans and prior loan loss experience, is an amount that, in the opinion of Management, reflects the risks inherent in the existing loan portfolio and exists at the reporting date. The evaluations take into consideration a number of subjective factors including changes in the nature and volume of the loan portfolio, historical losses, overall portfolio quality, review of specific problem loans, current economic conditions that may affect a borrower’s ability to pay, adequacy of loan collateral and other relevant factors. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated losses on loans. Such agencies may require additional recognition of losses based on their judgments about information available to them at the time of their examination. The following are general credit risk factors that affect First Guaranty's loan portfolio segments. These factors do not encompass all risks associated with each loan category. Construction and land development loans have risks associated with interim construction prior to permanent financing and repayment risks due to the future sale of developed property. Farmland and agricultural loans have risks such as weather, government agricultural policies, fuel and fertilizer costs, and market price volatility. 1-4 family, multi-family, and consumer credits are strongly influenced by employment levels, consumer debt loads and the general economy. Non-farm non-residential loans include both owner occupied real estate and non-owner occupied real estate. Common risks associated with these properties is the ability to maintain tenant leases and keep lease income at a level able to service required debt and operating expenses. Commercial and industrial loans generally have non-real estate secured collateral which requires closer monitoring than real estate collateral. Although Management uses available information to recognize losses on loans, because of uncertainties associated with local economic conditions, collateral values and future cash flows on impaired loans, it is reasonably possible that a material change could occur in the allowance for loan losses in the near term. However, the amount of the change that is reasonably possible cannot be estimated. The evaluation of the adequacy of loan collateral is often based upon estimates and appraisals. Because of changing economic conditions, the valuations determined from such estimates and appraisals may also change. Accordingly, First Guaranty may ultimately incur losses that vary from Management's current estimates. Adjustments to the allowance for loan losses will be reported in the period such adjustments become known or can be reasonably estimated. All loan losses are charged to the allowance for loan losses when the loss actually occurs or when the collectability of the principal is unlikely. Recoveries are credited to the allowance at the time of recovery. The allowance consists of specific, general, and unallocated components. The specific component relates to loans that are classified as doubtful, substandard, and impaired. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. Also, a specific reserve is allocated for syndicated loans. The general component covers non-classified loans and special mention loans and is based on historical loss experience adjusted for qualitative factors. An unallocated component is maintained to cover uncertainties that could affect the estimate of probable losses. The allowance for loan losses is reviewed on a monthly basis. The monitoring of credit risk also extends to unfunded credit commitments, such as unused commercial credit lines and letters of credit. A reserve is established as needed for estimates of probable losses on such commitments.
Goodwill and Intangible Assets	Goodwill and intangible assets Goodwill and intangible assets deemed to have indefinite lives are subject to annual impairment tests. First Guaranty's goodwill is tested for impairment on an annual basis, or more often if events or circumstances indicate that there may be impairment. Adverse changes in the economic environment, declining operations, or other factors could result in a decline in the implied fair value of goodwill. If the implied fair value is less than the carrying amount, a loss would be recognized in other non-interest expense to reduce the carrying amount to implied fair value of goodwill. The goodwill impairment test includes two steps that are preceded by a, “step zero”, qualitative test. The qualitative test allows Management to assess whether qualitative factors indicate that it is more likely than not that impairment exists. If it is not more likely than not that impairment exists, then no impairment exists and the two step quantitative test would not be necessary. These qualitative indicators include factors such as earnings, share price, market conditions, etc. If the qualitative factors indicate that it is more likely than not that impairment exists, then the two step quantitative test would be necessary. Step one is used to identify potential impairment and compares the estimated fair value of a reporting unit with its carrying amount, including goodwill. If the estimated fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not considered impaired. If the carrying amount of a reporting unit exceeds its estimated fair value, the second step of the goodwill impairment test is performed to measure the amount of impairment loss, if any. Step two of the goodwill impairment test compares the implied estimated fair value of reporting unit goodwill with the carrying amount of that goodwill. If the carrying amount of goodwill for that reporting unit exceeds the implied fair value of that unit’s goodwill, an impairment loss is recognized in an amount equal to that excess. Identifiable intangible assets are acquired assets that lack physical substance but can be distinguished from goodwill because of contractual or legal rights or because the assets are capable of being sold or exchanged either on their own or in combination with the related contract, asset or liability. First Guaranty's intangible assets primarily relate to core deposits. These core deposit intangibles are amortized on a straight-line basis over terms ranging from seven to fifteen years. Management periodically evaluates whether events or circumstances have occurred that impair this deposit intangible.
Premises and Equipment	Premises and equipment Premises and equipment are stated at cost, less accumulated depreciation. Depreciation is computed for financial reporting purposes using the straight-line method over the estimated useful lives of the respective assets as follows: Buildings and improvements 10-40 years Equipment, fixtures and automobiles 3-10 years Expenditures for renewals and betterments are capitalized and depreciated over their estimated useful lives. Repairs, maintenance and minor improvements are charged to operating expense as incurred. Gains or losses on disposition, if any, are recorded as a separate line item in noninterest income on the Statements of Income .
Other Real Estate	Other real estate Other real estate includes properties acquired through foreclosure or acceptance of deeds in lieu of foreclosure. These properties are recorded at the lower of the recorded investment in the property or its fair value less the estimated cost of disposition. Any valuation adjustments required prior to foreclosure are charged to the allowance for loan losses. Subsequent to foreclosure, losses on the periodic revaluation of the property are charged to current period earnings as other real estate expense. Costs of operating and maintaining the properties are charged to other real estate expense as incurred. Any subsequent gains or losses on dispositions are credited or charged to income in the period of disposition
Off-balance Sheet Financial Instruments	Off-balance sheet financial instruments In the ordinary course of business, First Guaranty has entered into commitments to extend credit, including commitments under credit card arrangements, commitments to fund commercial real estate, construction and land development loans secured by real estate, and performance standby letters of credit. Such financial instruments are recorded when they are funded.
Income Taxes	Income taxes First Guaranty and its subsidiary file a consolidated federal income tax return on a calendar year basis. In lieu of Louisiana state income tax, the Bank is subject to the Louisiana bank shares tax, which is included in noninterest expense in First Guaranty's consolidated financial statements. With few exceptions, First Guaranty is no longer subject to U.S. federal, state or local income tax examinations for years before 2012. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the deferred tax assets or liabilities are expected to be settled or realized. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be utilized.
Comprehensive Income	Comprehensive income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items along with net income, are components of comprehensive income. The components of other comprehensive income and related tax effects are presented in the Statements of Comprehensive Income.
Fair Value Measurements	Fair Value Measurements The fair value of a financial instrument is the current amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. Valuation techniques use certain inputs to arrive at fair value. Inputs to valuation techniques are the assumptions that market participants would use in pricing the asset or liability. They may be observable or unobservable. First Guaranty uses a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. See Note 21 for a detailed description of fair value measurements.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (i) the assets have been isolated from First Guaranty, (ii) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (iii) First Guaranty does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Earnings per Common Share	Earnings per common share Earnings per share represents income available to common shareholders divided by the weighted average number of common shares outstanding during the period. In December of 2015, First Guaranty First Guaranty's
Operating Segments	Operating Segments All of First Guaranty's operations are considered by management to be aggregated into one reportable operating segment. While the chief decision-makers monitor the revenue streams of the various products and services, the identifiable segments are not material. Operations are managed and financial performance is evaluated on a Company- wide
Reclassifications	Reclassifications Certain reclassifications have been made to prior year end financial statements in order to conform to the classification adopted for reporting in 2015.

Recent Accounting Pronounceme35

Recent Accounting Pronouncements (Policies)	12 Months Ended
	Dec. 31, 2015
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2015-03, "Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs." The amendments in this guidance require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. This guidance is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. This guidance must be adopted retrospectively, wherein the balance sheet of each period presented should be adjusted to reflect the new guidance. First Guaranty has elected early adoption of this guidance in 2015. The adoption of this guidance did not have a material impact upon First Guaranty's financial statements. No adjustments to prior year information was necessary upon the adoption of the guidance. In September 2015, the FASB issued ASU 2015-16, "Simplifying the Accounting for Measurement-Period Adjustments". The guidance eliminates the requirement that an acquirer in a business combination account for measurement-period adjustments retrospectively. The ASU is effective for annual and interim periods beginning after December 15, 2015. The adoption of this ASU is not expected to have a material effect on First Guaranty's Consolidated Financial Statements. In January 2016, the FASB issued ASU 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities". The ASU amendments include changes related to how certain equity investments are measured, recognize changes in the fair value of financial certain liabilities measured under the fair value option, and disclose and present financial assets and liabilities on First Guaranty's consolidated financial statements. Additionally, the ASU will also require entities to present financial assets and financial liabilities separately, grouped by measurement category and form of financial asset in the statement of financial position or in the accompanying notes to the financial statements. Entities will also no longer have to disclose the methods and significant assumptions for financial instruments measured at amortized cost, but will be required to measure such instruments under the "exit price" notion for disclosure purposes. The ASU is effective for annual and interim periods beginning after December 15, 2017. The adoption of this ASU is not expected to have a material effect on First Guaranty's Consolidated Financial Statements. In February 2016, the FASB issued ASU 2016-02, "Conforming Amendments Related to Leases". This ASU amends the codification regarding leases in order to increase transparency and comparability. The ASU requires companies to recognize lease assets and liabilities on the statement of condition and disclose key information about leasing arrangements. A lessee would recognize a liability to make lease payments and a right-of-use asset representing its right to use the leased asset for the lease term. The ASU is effective for annual and interim periods beginning after December 15, 2018. The adoption of this ASU is not expected to have a material effect on First Guaranty's Consolidated Financial Statements.

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Securities [Abstract]
Summary Comparison of Securities by Type	A summary comparison of securities by type at December 31, 2015 and 2014 is shown below. December 31, 2015 December 31, 2014 (in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale: U.S Treasuries $ 29,999 $ - $ - $ 29,999 $ 36,000 $ - $ - $ 36,000 U.S. Government Agencies 165,364 - (1,553 ) 163,811 295,620 30 (4,155 ) 291,495 Corporate debt securities 105,680 2,259 (2,803 ) 105,136 126,654 4,415 (1,006 ) 130,063 Mutual funds or other equity securities 580 2 - 582 570 4 - 574 Municipal bonds 47,339 899 (5 ) 48,233 40,599 1,077 - 41,676 Mortgage-backed securities 28,891 - (283 ) 28,608 - - - - Total available-for-sale securities 377,853 3,160 (4,644 ) 376,369 499,443 5,526 (5,161 ) 499,808 Held to maturity: U.S. Government Agencies 77,343 - (721 ) 76,622 84,479 - (1,950 ) 82,529 Mortgage-backed securities 92,409 9 (892 ) 91,526 57,316 57 (214 ) 57,159 Total held to maturity securities $ 169,752 $ 9 $ (1,613 ) $ 168,148 $ 141,795 $ 57 $ (2,164 ) $ 139,688
Investments Classified by Contractual Maturity Date	The scheduled maturities of securities at December 31, 2015, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities due to call or prepayments. Mortgage-backed securities are not due at a single maturity because of amortization and potential prepayment of the underlying mortgages. For this reason they are presented separately in the maturity table below. December 31, 2015 (in thousands) Amortized Cost Fair Value Available-for-sale: Due in one year or less $ 38,847 $ 38,905 Due after one year through five years 138,704 138,924 Due after five years through 10 years 124,736 122,706 Over 10 years 46,675 47,226 Subtotal 348,962 347,761 Mortgage-backed Securities 28,891 28,608 Total available-for-sale securities 377,853 376,369 Held to maturity: Due in one year or less - - Due after one year through five years 21,803 21,545 Due after five years through 10 years 55,540 55,077 Over 10 years - - Subtotal 77,343 76,622 Mortgage-backed Securities 92,409 91,526 Total held to maturity securities $ 169,752 $ 168,148
Schedule of Unrealized Loss on Investments	The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses as of the dates indicated: At December 31, 2015 Less Than 12 Months 12 Months or More Total (in thousands) Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Available-for-sale: U.S. Treasuries 2 $ 9,999 $ - - $ - $ - 2 $ 9,999 $ - U.S. Government agencies 49 116,473 (921 ) 11 47,338 (632 ) 60 163,811 (1,553 ) Corporate debt securities 112 31,414 (1,509 ) 27 5,344 (1,294 ) 139 36,758 (2,803 ) Mutual funds or other equity securities - - - - - - - - - Municipal bonds 2 679 (5 ) - - - 2 679 (5 ) Mortgage-backed securities 14 28,608 (283 ) - - - 14 28,608 (283 ) Total available-for-sale securities 179 187,173 (2,718 ) 38 52,682 (1,926 ) 217 239,855 (4,644 ) Held to maturity: U.S. Government agencies 16 51,865 (404 ) 7 23,852 (317 ) 23 75,717 (721 ) Mortgage-backed securities 39 82,863 (892 ) - - - 39 82,863 (892 ) Total held to maturity securities 55 $ 134,728 $ (1,296 ) 7 $ 23,852 $ (317 ) 62 $ 158,580 $ (1,613 ) At December 31, 2014 Less Than 12 Months 12 Months or More Total (in thousands) Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Available-for-sale: U.S. Treasuries 4 $ 24,000 $ - - $ - $ - 4 $ 24,000 $ - U.S. Government agencies 4 43,983 (17 ) 66 232,482 (4,138 ) 70 276,465 (4,155 ) Corporate debt securities 37 15,395 (238 ) 50 15,397 (768 ) 87 30,792 (1,006 ) Mutual funds or other equity securities - - - - - - - - - Municipal bonds - - - - - - - - - Total available-for-sale securities 45 83,378 (255 ) 116 247,879 (4,906 ) 161 331,257 (5,161 ) Held to maturity: U.S. Government agencies 1 4,993 (7 ) 19 77,536 (1,943 ) 20 82,529 (1,950 ) Mortgage-backed securities 7 12,008 (13 ) 12 29,415 (201 ) 19 41,423 (214 ) Total held to maturity securities 8 $ 17,001 $ (20 ) 31 $ 106,951 $ (2,144 ) 39 $ 123,952 $ (2,164 )
Schedule of Other than Temporary Impairment Losses on Available-for-Sale Securities	During the years ended December 31, 2015, First Guaranty recorded OTTI losses on available-for-sale securities as follows: (in thousands) Year Ended December 31, 2015 Total OTTI charge realized and unrealized $ 571 OTTI recognized in other comprehensive income (non-credit component) 396 Net impairment losses recognized in earnings (credit component) $ 175
Credit Losses on Debt Securities for which Portion of OTTI Recognized in OCI	The following table presents a roll-forward of the amount of credit losses on debt securities held by First Guaranty for which a portion of OTTI was recognized in other comprehensive income for the year end year ended December 31, 2015: (in thousands) Beginning balance of credit losses at December 31, 2014 $ - Other-than-temporary impairment credit losses on securities not previously OTTI 175 Increases for additional credit losses on securities previously determined to be OTTI - Reduction for increases in cash flows - Reduction due to credit impaired securities sold or fully settled - Ending balance of cumulative credit losses recognized in earnings at December 31, 2015 $ 175
Schedule of Exposure to Investment Securities Issuers that Exceeded 10% of Shareholder's Equity	At December 31, 2015, First Guaranty's exposure to investment securities issuers that exceeded 10% of shareholders’ equity as follows: At December 31, 2015 (in thousands) Amortized Cost Fair Value U.S. Treasuries $ 29,999 $ 29,999 Federal Home Loan Bank (FHLB) 85,507 84,689 Federal Home Loan Mortgage Corporation (Freddie Mac-FHLMC) 66,271 65,589 Federal National Mortgage Association (Fannie Mae-FNMA) 127,504 126,294 Federal Farm Credit Bank (FFCB) 84,726 83,996 Total $ 394,007 $ 390,567

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2015
Loans [Abstract]
Summary of Components of Loan Portfolio	The following table summarizes the components of First Guaranty's loan portfolio as of the dates indicated: December 31, 2015 December 31, 2014 (in thousands except for %) Balance As % of Category Balance As % of Category Real Estate: Construction & land development $ 56,132 6.6 % $ 52,094 6.6 % Farmland 17,672 2.1 % 13,539 1.7 % 1- 4 Family 129,610 15.4 % 118,181 14.9 % Multifamily 12,629 1.5 % 14,323 1.8 % Non-farm non-residential 323,363 38.3 % 328,400 41.5 % Total Real Estate 539,406 63.9 % 526,537 66.5 % Non-real Estate: Agricultural 25,838 3.1 % 26,278 3.3 % Commercial and industrial 224,201 26.6 % 196,339 24.8 % Consumer and other 54,163 6.4 % 42,991 5.4 % Total Non-real Estate 304,202 36.1 % 265,608 33.5 % Total Loans Before Unearned Income 843,608 100.0 % 792,145 100.0 % Unearned income (2,025 ) (1,824 ) Total Loans Net of Unearned Income $ 841,583 $ 790,321
Summary of Fixed and Floating Rate Loans by Contractual Maturity, Excluding Nonaccrual Loans	The following table summarizes fixed and floating rate loans by contractual maturity, excluding nonaccrual loans, as of December 31, 2015 and December 31, 2014 unadjusted for scheduled principal payments, prepayments, or repricing opportunities. The average life of the loan portfolio may be substantially less than the contractual terms when these adjustments are considered. December 31, 2015 December 31, 2014 (in thousands) Fixed Floating Total Fixed Floating Total One year or less $ 86,975 $ 48,111 $ 135,086 $ 88,686 $ 72,250 $ 160,936 One to five years 315,685 246,374 562,059 253,306 225,655 478,961 Five to 15 years 49,197 31,456 80,653 67,012 39,634 106,646 Over 15 years 36,438 9,333 45,771 25,304 8,104 33,408 Subtotal $ 488,295 $ 335,274 823,569 $ 434,308 $ 345,643 779,951 Nonaccrual loans 20,039 12,194 Total Loans Before Unearned Income 843,608 792,145 Unearned income (2,025 ) (1,824 ) Total Loans Net of Unearned Income $ 841,583 $ 790,321
Past due Financing Receivables	The following tables present the age analysis of past due loans for the periods indicated: As of December 31, 2015 (in thousands) 30-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans Recorded Investment 90 Days Accruing Real Estate: Construction & land development $ 12 $ 558 $ 570 $ 55,562 $ 56,132 $ - Farmland - 136 136 17,536 17,672 19 1 - 4 family 2,546 4,929 7,475 122,135 129,610 391 Multifamily - 9,045 9,045 3,584 12,629 - Non-farm non-residential 1,994 2,934 4,928 318,435 323,363 - Total Real Estate 4,552 17,602 22,154 517,252 539,406 410 Non-Real Estate: Agricultural 2,346 2,628 4,974 20,864 25,838 - Commercial and industrial 314 48 362 223,839 224,201 - Consumer and other 965 171 1,136 53,027 54,163 - Total Non-Real Estate 3,625 2,847 6,472 297,730 304,202 - Total Loans Before Unearned Income $ 8,177 $ 20,449 $ 28,626 $ 814,982 843,608 $ 410 Unearned income (2,025 ) Total Loans Net of Unearned Income $ 841,583 As of December 31, 2014 (in thousands) 30-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total Loans Recorded Investment 90 Days Accruing Real Estate: Construction & land development $ 338 $ 486 $ 824 $ 51,270 $ 52,094 $ - Farmland 10 153 163 13,376 13,539 - 1 - 4 family 2,924 4,418 7,342 110,839 118,181 599 Multifamily 2,990 - 2,990 11,333 14,323 - Non-farm non-residential 1,509 4,993 6,502 321,898 328,400 - Total Real Estate 7,771 10,050 17,821 508,716 526,537 599 Non-Real Estate: Agricultural - 832 832 25,446 26,278 - Commercial and industrial 1,241 1,907 3,148 193,191 196,339 - Consumer and other 105 4 109 42,882 42,991 - Total Non-Real Estate 1,346 2,743 4,089 261,519 265,608 - Total Loans Before Unearned Income $ 9,117 $ 12,793 $ 21,910 $ 770,235 792,145 $ 599 Unearned income (1,824 ) Total Loans Net of Unearned Income $ 790,321
Schedule of Financing Receivables, Non Accrual Status	The following is a summary of nonaccrual loans by class for the periods indicated: As of December 31, (in thousands) 2015 2014 Real Estate: Construction & land development $ 558 $ 486 Farmland 117 153 1 - 4 family 4,538 3,819 Multifamily 9,045 - Non-farm non-residential 2,934 4,993 Total Real Estate 17,192 9,451 Non-Real Estate: Agricultural 2,628 832 Commercial and industrial 48 1,907 Consumer and other 171 4 Total Non-Real Estate 2,847 2,743 Total Nonaccrual Loans $ 20,039 $ 12,194
Financing Receivable Credit Quality Indicators	The following table identifies the credit exposure of the loan portfolio by specific credit ratings for the periods indicated: As of December 31, 2015 As of December 31, 2014 (in thousands) Pass Special Mention Substandard Doubtful Total Pass Special Mention Substandard Doubtful Total Real Estate: Construction & land development $ 51,681 $ 386 $ 4,065 $ - $ 56,132 $ 46,451 $ 559 $ 5,084 $ - $ 52,094 Farmland 17,554 - 118 - 17,672 13,299 87 153 - 13,539 1 - 4 family 115,878 6,425 7,307 - 129,610 103,582 6,113 8,486 - 118,181 Multifamily 3,584 - 9,045 - 12,629 3,581 6,414 4,328 - 14,323 Non-farm non-residential 296,682 3,288 23,393 - 323,363 300,319 6,788 21,293 - 328,400 Total Real Estate 485,379 10,099 43,928 - 539,406 467,232 19,961 39,344 - 526,537 Non-Real Estate: Agricultural 20,860 4 4,974 - 25,838 22,789 7 3,482 - 26,278 Commercial and industrial 214,184 471 9,546 - 224,201 185,839 8,611 1,889 - 196,339 Consumer and other 53,779 178 206 - 54,163 42,831 123 37 - 42,991 Total Non-Real Estate 288,823 653 14,726 - 304,202 251,459 8,741 5,408 - 265,608 Total Loans Before Unearned Income $ 774,202 $ 10,752 $ 58,654 $ - 843,608 $ 718,691 $ 28,702 $ 44,752 $ - 792,145 Unearned income (2,025 ) (1,824 ) Total Loans Net of Unearned Income $ 841,583 $ 790,321

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2015
Allowance for Loan Losses [Abstract]
Summary of Changes in Allowance for Loan Losses and Allowance and Loans Individually and Collectively Evaluated for Impairment	A summary of changes in the allowance for loan losses, by loan type, for the years ended December 31, 2015, 2014 and 2013 are as follows: As of December 31, 2015 2014 (in thousands) Beginning Allowance (12/31/14) Charge-offs Recoveries Provision Ending Allowance (12/31/15) Beginning Allowance (12/31/13) Charge-offs Recoveries Provision Ending Allowance(12/31/14) Real Estate: Construction & land development $ 702 $ (559 ) $ 5 $ 814 $ 962 $ 1,530 $ (1,032 ) $ 6 $ 198 $ 702 Farmland 21 - - 33 54 17 - - 4 21 1 - 4 family 2,131 (410 ) 94 (44 ) 1,771 1,974 (589 ) 99 647 2,131 Multifamily 813 (947 ) 46 645 557 376 - 49 388 813 Non-farm non-residential 2,713 (1,137 ) 5 1,717 3,298 3,607 (1,515 ) 9 612 2,713 Total Real Estate 6,380 (3,053 ) 150 3,165 6,642 7,504 (3,136 ) 163 1,849 6,380 Non-Real Estate: Agricultural 293 (491 ) 3 211 16 46 (2 ) 1 248 293 Commercial and industrial 1,797 (79 ) 315 494 2,527 2,176 (266 ) 118 (231 ) 1,797 Consumer and other 371 (550 ) 151 258 230 208 (289 ) 199 253 371 Unallocated 264 - - (264 ) - 421 - - (157 ) 264 Total Non-Real Estate 2,725 (1,120 ) 469 699 2,773 2,851 (557 ) 318 113 2,725 Total $ 9,105 $ (4,173 ) $ 619 $ 3,864 $ 9,415 $ 10,355 $ (3,693 ) $ 481 $ 1,962 $ 9,105 As of December 31, 2013 (in thousands) Beginning Allowance (12/31/12) Charge-offs Recoveries Provision Ending Allowance (12/31/13) Real Estate: Construction & land development $ 1,098 $ (233 ) $ 10 $ 655 $ 1,530 Farmland 50 (31 ) 140 (142 ) 17 1 - 4 family 2,239 (220 ) 49 (94 ) 1,974 Multifamily 284 - - 92 376 Non-farm non-residential 3,666 (1,148 ) 8 1,081 3,607 Total Real Estate 7,337 (1,632 ) 207 1,592 7,504 Non-Real Estate: Agricultural 64 (41 ) 5 18 46 Commercial and industrial 2,488 (1,098 ) 71 715 2,176 Consumer and other 233 (262 ) 243 (6 ) 208 Unallocated 220 - - 201 421 Total Non-Real Estate 3,005 (1,401 ) 319 928 2,851 Total $ 10,342 $ (3,033 ) $ 526 $ 2,520 $ 10,355 A summary of the allowance and loans individually and collectively evaluated for impairment are as follows: As of December 31, 2015 (in thousands) Allowance Individually Allowance Collectively Total Allowance for Credit Losses Loans Individually Loans Collectively Total Loans before Unearned Income Real Estate: Construction & land development $ - $ 962 $ 962 $ 368 $ 55,764 $ 56,132 Farmland - 54 54 - 17,672 17,672 1 - 4 family 611 1,160 1,771 3,049 126,561 129,610 Multifamily 454 103 557 9,045 3,584 12,629 Non-farm non-residential 1,298 2,000 3,298 13,646 309,717 323,363 Total Real Estate 2,363 4,279 6,642 26,108 513,298 539,406 Non-Real Estate: Agricultural - 16 16 4,863 20,975 25,838 Commercial and industrial - 2,527 2,527 - 224,201 224,201 Consumer and other - 230 230 171 53,992 54,163 Unallocated - - - - - - Total Non-Real Estate - 2,773 2,773 5,034 299,168 304,202 Total $ 2,363 $ 7,052 $ 9,415 $ 31,142 $ 812,466 843,608 Unearned Income (2,025 ) Total Loans Net of Unearned Income $ 841,583 As of December 31, 2014 (in thousands) Allowance Individually Allowance Collectively Total Allowance for Credit Losses Loans Individually Loans Collectively Total Loans before Unearned Income Real Estate: Construction & land development $ 126 $ 576 $ 702 $ 4,150 $ 47,944 $ 52,094 Farmland - 21 21 - 13,539 13,539 1 - 4 family 598 1,533 2,131 3,420 114,761 118,181 Multifamily 437 376 813 7,201 7,122 14,323 Non-farm non-residential 468 2,245 2,713 16,287 312,113 328,400 Total Real Estate 1,629 4,751 6,380 31,058 495,479 526,537 Non-Real Estate: Agricultural 262 31 293 2,650 23,628 26,278 Commercial and industrial 19 1,778 1,797 1,664 194,675 196,339 Consumer and other - 371 371 - 42,991 42,991 Unallocated - 264 264 - - - Total Non-Real Estate 281 2,444 2,725 4,314 261,294 265,608 Total $ 1,910 $ 7,195 $ 9,105 $ 35,372 $ 756,773 792,145 Unearned Income (1,824 ) Total Loans Net of Unearned Income $ 790,321
Summary of Impaired Loans by Class	The following is a summary of impaired loans by class at December 31, 2015: As of December 31, 2015 (in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Interest Income Cash Basis Impaired Loans with no related allowance: Real Estate: Construction & land development $ 368 $ 823 $ - $ 825 $ 41 $ 44 Farmland - - - - - - 1 - 4 family 1,054 1,358 - 1,354 79 84 Multifamily 3,728 4,240 - 4,305 254 72 Non-farm non-residential 3,637 4,116 - 4,124 165 147 Total Real Estate 8,787 10,537 - 10,608 539 347 Non-Real Estate: Agricultural 4,863 5,019 - 5,036 300 300 Commercial and industrial - - - - - - Consumer and other 171 317 - 335 27 20 Total Non-Real Estate 5,034 5,336 - 5,371 327 320 Total Impaired Loans with no related allowance 13,821 15,873 - 15,979 866 667 Impaired Loans w ith an allowance recorded: Real estate: Construction & land development - - - - - - Farmland - - - - - - 1 - 4 family 1,995 2,144 611 2,079 103 125 Multifamily - - - - - Non-farm non-residential 10,009 10,841 1,298 11,035 566 569 Total Real Estate 12,004 12,985 1,909 13,114 669 694 Non-Real Estate: Agricultural - - - - - - Commercial and industrial - - - - - - Consumer and other - - - - - - Total Non-Real Estate - - - - - - Total Impaired Loans with an allowance recorded 12,004 12,985 1,909 13,114 669 694 Total Impaired Loans $ 25,825 $ 28,858 $ 1,909 $ 29,093 $ 1,535 $ 1,361 The following is a summary of impaired loans by class at December 31, 2014: As of December 31, 2014 (in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Interest Income Cash Basis Impaired Loans with no related allowance: Real Estate: Construction & land development $ 3,308 $ 4,359 $ - $ 3,479 $ 217 $ 224 Farmland - - - - - - 1 - 4 family 1,368 1,656 - 397 72 43 Multifamily - - - 148 31 34 Non-farm non-residential 7,439 9,008 - 8,694 422 275 Total Real Estate 12,115 15,023 - 12,718 742 576 Non-Real Estate: Agricultural - - - - - - Commercial and industrial - - - - - - Consumer and other - - - - - - Total Non-Real Estate - - - - - - Total Impaired Loans with no related allowance 12,115 15,023 - 12,718 742 576 Impaired Loans w ith an allowance recorded: Real estate: Construction & land development 842 842 126 829 48 43 Farmland - - - - - - 1 - 4 family 2,052 2,068 598 2,062 97 87 Multifamily 1,338 1,337 398 1,340 60 55 Non-farm non-residential 8,848 8,913 468 8,948 317 327 Total Real Estate 13,080 13,160 1,590 13,179 522 512 Non-Real Estate: Agricultural 2,650 2,650 262 - - - Commercial and industrial 1,664 1,854 19 - - - Consumer and other - - - - - - Total Non-Real Estate 4,314 4,504 281 - - - Total Impaired Loans with an allowance recorded 17,394 17,664 1,871 13,179 522 512 Total Impaired Loans $ 29,509 $ 32,687 $ 1,871 $ 25,897 $ 1,264 $ 1,088
Troubled Debt Restructurings	The following table is an age analysis of TDRs as of December 31, 2015 and December 31, 2014: Troubled Debt Restructurings December 31, 2015 December 31, 2014 Accruing Loans Accruing Loans (in thousands) Current 30-89 Days Past Due Nonaccrual Total TDRs Current 30-89 Days Past Due Nonaccrual Total TDRs Real Estate: Construction & land development $ - $ - $ 368 $ 368 $ - $ - $ - $ - Farmland - - - - - - - - 1 - 4 Family - - 1,702 1,702 - 1,752 - 1,752 Multifamily - - - - - - - - Non-farm non residential 3,431 - 206 3,637 2,998 452 230 3,680 Total Real Estate 3,431 - 2,276 5,707 2,998 2,204 230 5,432 Non-Real Estate: Agricultural - - - - - - - - Commercial and industrial - - - - - - - - Consumer and other - - - - - - - - Total Non-Real Estate - - - - - - - - Total $ 3,431 $ - $ 2,276 $ 5,707 $ 2,998 $ 2,204 $ 230 $ 5,432 The following table discloses TDR activity for the twelve months ended December 31, 2015. Trouble Debt Restructured Loans Activity Twelve Months Ended December 31, 2015 (in thousands) Beginning balance (December 31, 2014) New TDRs Charge-offs post-modification Transferred to ORE Paydowns Construction to permanent financing Restructured to market terms Ending balance (December 31, 2015) Real Estate: Construction & land development $ - $ 368 $ - $ - $ - $ - $ - $ 368 Farmland - - - - - - - - 1 - 4 family 1,752 - - - (50 ) - - 1,702 Multifamily - - - - - - - - Non-farm non-residential 3,680 - (29 ) - (14 ) - - 3,637 Total Real Estate 5,432 368 (29 ) - (64 ) - 5,707 Non-Real Estate: Agricultural - - - - - - - - Commercial and industrial - - - - - - - - Consumer and other - - - - - - - - Total Non-Real Estate - - - - - - - - Total Impaired Loans with no related allowance $ 5,432 $ 368 $ (29 ) $ - $ (64 ) $ - $ - $ 5,707

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Premises and Equipment [Abstract]
Premises and Equipment	The components of premises and equipment at December 31, 2015 and 2014 are as follows: (in thousands) December 31, 2015 December 31, 2014 Land $ 7,227 $ 6,933 Bank premises 18,914 18,324 Furniture and equipment 21,060 19,995 Construction in progress 2,667 254 Acquired value 49,868 45,506 Less: accumulated depreciation 27,849 26,295 Net book value $ 22,019 $ 19,211

Goodwill and Other Intangible40

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Other Intangible Assets [Abstract]
Finite-lived Intangible Assets	December 31, 2015 December 31, 2014 (in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Core deposit intangibles $ 9,350 $ 8,052 $ 1,298 $ 9,350 $ 7,732 $ 1,618 Mortgage servicing rights 267 171 96 267 152 115 Total $ 9,617 $ 8,223 $ 1,394 $ 9,617 $ 7,884 $ 1,733
Amortization Expense of Core Deposit Intangible Assets for Next Five Years	Amortization expense of the core deposit intangible assets for the next five years is as follows: For the Years Ended Estimated Amortization Expense (in thousands) December 31, 2016 $ 320 December 31, 2017 $ 320 December 31, 2018 $ 320 December 31, 2019 $ 135 December 31, 2020 $ 135

Other Real Estate (Tables)

Other Real Estate (Tables)	12 Months Ended
	Dec. 31, 2015
Other Real Estate [Abstract]
Components of Other Real Estate Owned	Other real estate owned consists of the following: (in thousands) December 31, 2015 December 31, 2014 Real Estate Owned Acquired by Foreclosure: Residential $ 880 $ 1,121 Construction & land development 25 127 Non-farm non-residential 672 950 Total Other Real Estate Owned and Foreclosed Property $ 1,577 $ 2,198

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Schedule of Maturities of All Time Deposits	A schedule of maturities of all time deposits are as follows: (in thousands) December 31, 2015 2016 $ 401,535 2017 118,340 2018 18,697 2019 28,209 2020 and thereafter 25,229 Total $ 592,010

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Borrowings [Abstract]
Schedule of Short-term Borrowings	Short-term borrowings are summarized as follows: (in thousands) December 31, 2015 December 31, 2014 Securities sold under agreements to repurchase $ - $ - Line of credit 1,800 1,800 Total short-term borrowings $ 1,800 $ 1,800
Short-term Borrowings	The following schedule provides certain information about First Guaranty's short-term borrowings for the periods indicated: December 31, (in thousands except for %) 2015 2014 2013 Outstanding at year end $ 1,800 $ 1,800 $ 5,788 Maximum month-end outstanding $ 13,800 $ 22,356 $ 57,302 Average daily outstanding $ 4,217 $ 6,960 $ 21,387 Weighted average rate during the year 2.12 % 1.08 % 0.98 % Average rate at year end 4.50 % 4.50 % 1.51 %
Obligations on Long-term Debt and Junior Subordinated Debentures	As of December 31, 2015 obligations on senior long-term debt and junior subordinated debentures totalled $40.4 million. The scheduled maturities are as follows: (in thousands) Long-term Debt Junior Subordinated Debentures 2016 $ 3,100 $ - 2017 2,755 - 2018 2,500 - 2019 2,500 - 2020 2,500 - 2021 and thereafter 12,500 15,000 Subtotal $ 25,855 $ 15,000 Debt issuance costs (31 ) (403 ) Total $ 25,824 $ 14,597

Capital Requirements (Tables)

Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2015
Capital Requirements [Abstract]
Actual and Required Capital Amounts and Ratios	First Guaranty's and the Bank’s actual capital amounts and ratios as of December 31, 2015 and 2014 are presented in the following table. Actual Minimum Capital Requirements Minimum to be Well Capitalized Under Action Provisions (in thousands except for %) Amount Ratio Amount Ratio Amount Ratio December 31, 2015 Total Risk-based Capital: Consolidated $ 141,022 13.13 % $ 85,952 8.00 % N/A N/A Bank $ 148,316 13.86 % $ 85,632 8.00 % $ 107,040 10.00 % Tier 1 Capital: Consolidated $ 116,607 10.85 % $ 64,464 6.00 % N/A N/A Bank $ 138,901 12.98 % $ 64,224 6.00 % $ 85,632 8.00 % Tier 1 Leverage Capital: Consolidated $ 116,607 8.17 % $ 57,121 4.00 % N/A N/A Bank $ 138,901 9.74 % $ 57,062 4.00 % $ 71,328 5.00 % Common Equity Tier One Capital: Consolidated $ 116,607 10.85 % $ 48,348 4.50 % N/A N/A Bank $ 138,901 12.98 % $ 48,168 4.50 % $ 69,576 6.50 % December 31, 2014 Total Risk-based Capital: Consolidated $ 144,834 14.05 % $ 82,486 8.00 % N/A N/A Bank $ 143,426 13.96 % $ 82,170 8.00 % $ 102,712 10.00 % Tier 1 Capital: Consolidated $ 135,727 13.16 % $ 41,243 4.00 % N/A N/A Bank $ 134,319 13.08 % $ 41,085 4.00 % $ 61,627 6.00 % Tier 1 Leverage Capital: Consolidated $ 135,737 9.33 % $ 58,173 4.00 % N/A N/A Bank $ 134,319 9.26 % $ 58,025 4.00 % $ 72,532 5.00 % Common Equity Tier One Capital: N/A N/A N/A N/A N/A N/A Consolidated N/A N/A N/A N/A N/A N/A Bank

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	An analysis of the activity of loans made to such borrowers during the year ended December 31, 2015 and 2014 follows: December 31, (in thousands) 2015 2014 Balance, beginning of year $ 53,808 $ 49,951 Net Increase 4,008 3,857 Balance, end of year $ 57,816 $ 53,808

Other Expenses (Tables)

Other Expenses (Tables)	12 Months Ended
	Dec. 31, 2015
Other Expenses [Abstract]
Summary of Significant Components of Other Noninterest Expense	The following is a summary of the significant components of other noninterest expense: December 31, (in thousands) 2015 2014 2013 Other noninterest expense: Legal and professional fees $ 2,019 $ 1,982 $ 2,347 Data processing 1,184 1,153 1,269 Marketing and public relations 848 700 638 Taxes - sales, capital and franchise 717 605 584 Operating supplies 414 410 487 Travel and lodging 818 566 563 Telephone 172 242 206 Amortization of core deposits 320 320 320 Donations 332 150 294 Net costs from other real estate and repossessions 493 1,374 941 Regulatory assessment 1,111 1,181 1,784 Other 3,326 3,143 3,237 Total other noninterest expense $ 11,754 $ 11,826 $ 12,670

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Provision for Income Taxes	The following is a summary of the provision for income taxes included in the Consolidated Statements of Income: December 31, (in thousands) 2015 2014 2013 Current $ 7,347 $ 4,898 $ 4,748 Deferred (384 ) 594 (171 ) Total $ 6,963 $ 5,492 $ 4,577
Effective Income Tax Rate Reconciliation	The difference between income taxes computed by applying the statutory federal income tax rate and the provision for income taxes in the financial statements is reconciled as follows: December 31, (in thousands except for %) 2015 2014 2013 Statutory tax rate 35.0 % 35.0 % 35.0 % Federal income taxes at statutory rate $ 7,514 $ 5,851 $ 4,803 Tax exempt municipal income (436 ) (284 ) (133 ) Other (115 ) (75 ) (93 ) Total $ 6,963 $ 5,492 $ 4,577
Components of Deferred Tax Assets and Liabilities	The significant components of deferred taxes classified in First Guaranty's Consolidated Balance Sheets at December 31, 2015 and 2014 are as follows: December 31, (in thousands) 2015 2014 Deferred tax assets: Allowance for loan losses $ 3,201 $ 3,096 Other real estate owned 127 148 Unrealized losses on available for sale securities 445 - Other 541 407 Gross deferred tax assets 4,314 3,651 Deferred tax liabilities: Depreciation and amortization (1,588 ) (1,779 ) Core deposit intangibles (441 ) (550 ) Unrealized gains on available for sale securities - (124 ) Other (373 ) (359 ) Gross deferred tax liabilities (2,402 ) (2,812 ) Net deferred tax assets $ 1,912 $ 839

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies [Abstract]
Summary of Notional Amounts of Financial Instruments with Off-Balance Sheet Risk	Set forth below is a summary of the notional amounts of the financial instruments with off-balance sheet risk at December 31, 2015 and December 31, 2014. (in thousands) December 31, 2015 December 31, 2014 Contract Amount Commitments to Extend Credit $ 88,081 $ 59,675 Unfunded Commitments under lines of credit $ 107,581 $ 111,247 Commercial and Standby letters of credit $ 7,486 $ 7,743

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Measurements [Abstract]
Fair Value, Assets Measured on Recurring Basis	The following table summarizes financial assets measured at fair value on a recurring basis as of December 31, 2015 and 2014, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) December 31, 2015 December 31, 2014 Available for Sale Securities Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ 30,501 $ 36,504 Level 2: Significant Other Observable Inputs 338,167 454,524 Level 3: Significant Unobservable Inputs 7,701 8,780 Securities available for sale measured at fair value $ 376,369 $ 499,808
Fair value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table reconciles assets measured at fair value on a recurring basis using unobservable inputs ( Level 3 Level 3 Changes (in thousands) December 31, 2015 December 31, 2014 Balance, beginning of year $ 8,780 $ 5,834 Total gains or losses (realized/unrealized): Included in earnings - - Included in other comprehensive income - - Purchases, sales, issuances and settlements, net (1,079 ) 2,946 Transfers in and/or out of Level 3 - - Balance as of end of year $ 7,701 $ 8,780
Fair Value Measurements, Nonrecurring	The following table measures financial assets and financial liabilities measured at fair value on a non-recurring basis as of December 31, 2015, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) At December 31, 2015 At December 31, 2014 Fair Value Measurements Using: Impaired Loans Level 1: Quoted Prices in Active Markets For Identical Assets $ - $ - Level 2: Significant Other Observable Inputs 293 5,244 Level 3: Significant Unobservable Inputs 16,401 15,618 Impaired loans measured at fair value $ 16,694 $ 20,862 Fair Value Measurements Using: Other Real Estate Owned Level 1: Quoted Prices in Active Markets For Identical Assets $ - $ - Level 2: Significant Other Observable Inputs 1,104 1,847 Level 3: Significant Unobservable Inputs 473 351 Other real estate owned measured at fair value $ 1,577 $ 2,198

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Financial Instruments [Abstract]
Schedule of Estimated Fair Values and Carrying Values of Financial Instruments	The estimated fair values and carrying values of the financial instruments at December 31, 2015 and 2014 are presented in the following table: December 31, 2015 2014 (in thousands) Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Assets Cash and cash equivalents $ 37,272 $ 37,272 $ 44,575 $ 44,575 Securities, available for sale $ 376,369 $ 376,369 $ 499,808 $ 499,808 Securities, held to maturity $ 169,752 $ 168,148 $ 141,795 $ 139,688 Federal Home Loan Bank stock $ 935 $ 935 $ 1,621 $ 1,621 Loans, net $ 832,168 $ 831,731 $ 781,216 $ 780,470 Accrued interest receivable $ 6,015 $ 6,015 $ 6,384 $ 6,384 Liabilities Deposits $ 1,295,870 $ 1,296,468 $ 1,371,839 $ 1,373,537 Borrowings $ 27,624 $ 27,624 $ 3,255 $ 3,255 Junior subordinated debentures $ 14,597 $ 14,597 $ - $ - Accrued interest payable $ 1,707 $ 1,707 $ 1,997 $ 1,997

Condensed Parent Company Info51

Condensed Parent Company Information (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Parent Company Information [Abstract]
Condensed Balance Sheets	First Guaranty Bancshares, Inc. Condensed Balance Sheets December 31, (in thousands) 2015 2014 Assets Cash $ 16,862 $ 723 Investment in bank subsidiary 140,518 138,176 Investment Securities (available for sale, at fair value) 80 70 Other assets 3,233 5,129 Total Assets $ 160,693 $ 144,098 Liabilities and Shareholders' Equity Short-term debt $ 1,800 $ 1,800 Senior long-term debt 25,824 2,439 Junior subordinated debentures 14,597 - Other liabilities 248 276 Total Liabilities 42,469 4,515 Shareholders' Equity 118,224 139,583 Total Liabilities and Shareholders' Equity $ 160,693 $ 144,098
Condensed Statements of Income	First Guaranty Bancshares, Inc. Condensed Statements of Income December 31, (in thousands) 2015 2014 2013 Operating Income Dividends received from bank subsidiary $ 9,843 $ 6,448 $ 4,669 Net gains on securities 2,652 - - Other income 261 162 90 Total operating income 12,756 6,610 4,759 Operating Expenses Interest expense 192 130 115 Salaries & Benefits 172 140 88 Other expenses 766 464 449 Total operating expenses 1,130 734 652 Income before income tax benefit and increase in equity in undistributed earnings of subsidiary 11,626 5,876 4,107 Income tax benefit (expense) (605 ) 229 212 Income before increase in equity in undistributed earnings of subsidiary 11,021 6,105 4,319 Increase in equity in undistributed earnings of subsidiary 3,484 5,119 4,827 Net Income 14,505 11,224 9,146 Less preferred stock dividends (384 ) (394 ) (713 ) Net income available to common shareholders $ 14,121 $ 10,830 $ 8,433
Condensed Statements of Cash Flows	First Guaranty Bancshares, Inc. Condensed Statements of Cash Flows December 31, (in thousands) 2015 2014 2013 Cash flows from operating activities: Net income $ 14,505 $ 11,224 $ 9,146 Adjustments to reconcile net income to net cash provided by operating activities: Increase in equity in undistributed earnings of subsidiary $ (3,484 ) $ (5,119 ) (4,827 ) Gain on sale of securities (2,652 ) - - Net change in other liabilities (28 ) 55 2 Net change in other assets 396 (3,383 ) 161 Net cash provided by operating activities 8,737 2,777 4,482 Cash flows from investing activities: Proceeds from maturities, calls and sales of AFS securities 4,152 - - Funds Invested in AFS securities (10 ) (5 ) - Net cash provided by (used in) investing activities 4,142 (5 ) - Cash flows from financing activities: Proceeds from long-term debt, net of costs 24,969 2,555 - Repayment of long-term debt (1,584 ) (616 ) (600 ) Proceeds from junior subordinated debentures, net of costs 14,597 - - Issuance of common stock, net of costs 9,344 - - Redemption of preferred stock (39,435 ) - - Dividends paid (4,631 ) (4,421 ) (4,740 ) Net cash provided by (used in) financing activities 3,260 (2,482 ) (5,340 ) Net increase (decrease) in cash and cash equivalents 16,139 290 (858 ) Cash and cash equivalents at the beginning of the period 723 433 1,291 Cash and cash equivalents at the end of the period $ 16,862 $ 723 $ 433

Business and Summary of Signi52

Business and Summary of Significant Accounting Policies (Details)	1 Months Ended	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2015USD ($)OfficeFacilityATMPaymentSegment	Dec. 31, 2014	Dec. 31, 2013
Business and Summary of Significant Accounting Policies [Abstract]
Number of banking offices | Office		21
Number of drive up banking facility | Facility		1
Number of automated teller machines | ATM		27
Acquisition Accounting [Abstract]
Maximum period of fair value refinement after closing date of acquisition		1 year
Loans [Abstract]
Past due period after which evaluation is made for discontinuation of interest accrual on loan		90 days
Period of payment performance after which loans are returned to accrual status		6 months
Troubled Debt Restructurings (TDRs) [Abstract]
Period of performance, after which the Company evaluates TDRs that have subsequently been restructured and returned to market terms		12 months
Credit Quality [Abstract]
Minimum balance of impaired loans over which impairment method is applied | $	$ 250,000	$ 250,000
Earnings per common share [Abstract]
Common stock, dividend percentage	10.00%	10.00%	10.00%	10.00%
Operating Segments [Abstract]
Number of reportable operating segments | Segment		1
Minimum [Member]
Loans [Abstract]
Threshold period past due for charge-off of loans		90 days
Maximum [Member]
Loans [Abstract]
Threshold period past due for charge-off of loans		120 days
Single-Family Residential [Member] | Fixed Rate Residential Mortgage [Member]
Loans held for sale [Abstract]
Period within which loans are sold in secondary market		30 days
All Loans Except Mortgage Loans [Member]
Loans [Abstract]
Past due period after which loans are considered past due		30 days
Mortgage Loans [Member]
Loans [Abstract]
Number of consecutive payments missed after which loans are considered past due | Payment		2
Building and Improvements [Member] | Minimum [Member]
Premises and equipment [Abstract]
Estimated useful life		10 years
Building and Improvements [Member] | Maximum [Member]
Premises and equipment [Abstract]
Estimated useful life		40 years
Equipment, Fixtures and Automobiles [Member] | Minimum [Member]
Premises and equipment [Abstract]
Estimated useful life		3 years
Equipment, Fixtures and Automobiles [Member] | Maximum [Member]
Premises and equipment [Abstract]
Estimated useful life		10 years
Core Deposits [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period		7 years
Core Deposits [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period		15 years
Consumer Loans [Member]
Credit Quality [Abstract]
Period past due after which loans are considered substandard		90 days

Cash and Due from Banks (Detail

Cash and Due from Banks (Details)	Dec. 31, 2015USD ($)Account	Dec. 31, 2014USD ($)Account
Cash and Due from Banks [Abstract]
Reserve maintained at Federal Reserve Bank	$ 0	$ 0
Number of accounts that exceeded FDIC insurable limit | Account	1	1
FDIC insurable limit	$ 250,000	$ 250,000
Balance in excess of FDIC insurable limit	$ 2,000	$ 1,000

Securities, Summary Comparison

Securities, Summary Comparison of Securities by Type (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	$ 377,853	$ 499,443
Gross unrealized gains	3,160	5,526
Gross unrealized losses	(4,644)	(5,161)
Fair value	376,369	499,808
Held-to-maturity Securities [Abstract]
Amortized cost	169,752	141,795
Gross unrealized gains	9	57
Gross unrealized losses	(1,613)	(2,164)
Fair value	168,148	139,688
US Treasuries [Member]
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	29,999	36,000
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Fair value	29,999	36,000
US Government Agencies [Member]
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	165,364	295,620
Gross unrealized gains	0	30
Gross unrealized losses	(1,553)	(4,155)
Fair value	163,811	291,495
Corporate Debt Securities [Member]
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	105,680	126,654
Gross unrealized gains	2,259	4,415
Gross unrealized losses	(2,803)	(1,006)
Fair value	105,136	130,063
Mutual Funds or Other Equity Securities [Member]
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	580	570
Gross unrealized gains	2	4
Gross unrealized losses	0	0
Fair value	582	574
Municipal Bonds [Member]
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	47,339	40,599
Gross unrealized gains	899	1,077
Gross unrealized losses	(5)	0
Fair value	48,233	41,676
Mortgage-backed Securities [Member]
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	28,891	0
Gross unrealized gains	0	0
Gross unrealized losses	(283)	0
Fair value	28,608	0
US Government Agencies [Member]
Held-to-maturity Securities [Abstract]
Amortized cost	77,343	84,479
Gross unrealized gains	0	0
Gross unrealized losses	(721)	(1,950)
Fair value	76,622	82,529
Mortgage-backed Securities [Member]
Held-to-maturity Securities [Abstract]
Amortized cost	92,409	57,316
Gross unrealized gains	9	57
Gross unrealized losses	(892)	(214)
Fair value	$ 91,526	$ 57,159

Securities, Scheduled Maturitie

Securities, Scheduled Maturities of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Available-for-sale Securities, Debt Maturities, Amortized Cost [Abstract]
Due in one year or less	$ 38,847
Due after one year through five years	138,704
Due after five years through 10 years	124,736
Over 10 years	46,675
Subtotal	348,962
Mortgage-backed Securities	28,891
Amortized cost	377,853
Available-for-sale Securities, Debt Maturities, Fair Value [Abstract]
Due in one year or less	38,905
Due after one year through five years	138,924
Due after five years through 10 years	122,706
Over 10 years	47,226
Subtotal	347,761
Mortgage-backed Securities	28,608
Fair value	376,369
Held-to-maturity Securities, Debt Maturities, Amortized Cost [Abstract]
Due in one year or less	0
Due after one year through five years	21,803
Due after five years through 10 years	55,540
Over 10 years	0
Subtotal	77,343
Mortgage-backed securities	92,409
Amortized cost	169,752	$ 141,795
Held-to-maturity Securities, Debt Maturities, Fair Value [Abstract]
Due in one year or less	0
Due after on year through five years	21,545
Due after five years through 10 years	55,077
Over 10 years	0
Subtotal	76,622
Mortgage-backed securities	91,526
Fair value	$ 168,148	$ 139,688

Securities, Summary of Securiti

Securities, Summary of Securities in Continuous Unrealized Loss Position (Details) $ in Thousands	Dec. 31, 2015USD ($)SecuritySecurities	Dec. 31, 2014USD ($)Security
Summary of Fair Value of Securities with Gross Unrealized Losses and Aging of Gross Unrealized Losses [Abstract]
Less than 12 months, number of securities | Security	179	45
Less than 12 months, fair value	$ 187,173	$ 83,378
Less than 12 months, gross unrealized losses	$ (2,718)	$ (255)
12 months or more, number of securities | Security	38	116
12 months or more, fair value	$ 52,682	$ 247,879
12 months or more, gross unrealized losses	$ (1,926)	$ (4,906)
Total, number of securities | Security	217	161
Total, fair value	$ 239,855	$ 331,257
Total, gross unrealized losses	$ (4,644)	$ (5,161)
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, number of securities | Security	55	8
Less than 12 months, fair value	$ 134,728	$ 17,001
Less than 12 months, gross unrealized losses	$ (1,296)	$ (20)
12 months or more, number of securities | Security	7	31
12 months or more, fair value	$ 23,852	$ 106,951
12 months or more, gross unrealized losses	$ (317)	$ (2,144)
Total, number of securities | Security	62	39
Total, fair value	$ 158,580	$ 123,952
Total, gross unrealized losses	$ (1,613)	$ (2,164)
Securities Disclosures [Abstract]
Number of debt securities with unrealized losses | Securities	279
Debt securities with unrealized losses as percentage of total individual securities' amortized cost basis	1.50%
Debt securities with unrealized losses as percentage of amortized cost basis of investment securities portfolio	1.10%
Number of debt securities in continuous loss position for over 12 months | Securities	45
Debt securities in a continuous loss position for over 12 months, amortized cost basis	$ 78,800
Debt securities in a continuous loss position for over 12 months, unrealized loss	$ 2,200
US Treasuries [Member]
Summary of Fair Value of Securities with Gross Unrealized Losses and Aging of Gross Unrealized Losses [Abstract]
Less than 12 months, number of securities | Security	2	4
Less than 12 months, fair value	$ 9,999	$ 24,000
Less than 12 months, gross unrealized losses	$ 0	$ 0
12 months or more, number of securities | Security	0	0
12 months or more, fair value	$ 0	$ 0
12 months or more, gross unrealized losses	$ 0	$ 0
Total, number of securities | Security	2	4
Total, fair value	$ 9,999	$ 24,000
Total, gross unrealized losses	$ 0	$ 0
US Government Agencies [Member]
Summary of Fair Value of Securities with Gross Unrealized Losses and Aging of Gross Unrealized Losses [Abstract]
Less than 12 months, number of securities | Security	49	4
Less than 12 months, fair value	$ 116,473	$ 43,983
Less than 12 months, gross unrealized losses	$ (921)	$ (17)
12 months or more, number of securities | Security	11	66
12 months or more, fair value	$ 47,338	$ 232,482
12 months or more, gross unrealized losses	$ (632)	$ (4,138)
Total, number of securities | Security	60	70
Total, fair value	$ 163,811	$ 276,465
Total, gross unrealized losses	$ (1,553)	$ (4,155)
Corporate Debt Securities [Member]
Summary of Fair Value of Securities with Gross Unrealized Losses and Aging of Gross Unrealized Losses [Abstract]
Less than 12 months, number of securities | Security	112	37
Less than 12 months, fair value	$ 31,414	$ 15,395
Less than 12 months, gross unrealized losses	$ (1,509)	$ (238)
12 months or more, number of securities | Security	27	50
12 months or more, fair value	$ 5,344	$ 15,397
12 months or more, gross unrealized losses	$ (1,294)	$ (768)
Total, number of securities | Security	139	87
Total, fair value	$ 36,758	$ 30,792
Total, gross unrealized losses	$ (2,803)	$ (1,006)
Mutual Funds or Other Equity Securities [Member]
Summary of Fair Value of Securities with Gross Unrealized Losses and Aging of Gross Unrealized Losses [Abstract]
Less than 12 months, number of securities | Security	0	0
Less than 12 months, fair value	$ 0	$ 0
Less than 12 months, gross unrealized losses	$ 0	$ 0
12 months or more, number of securities | Security	0	0
12 months or more, fair value	$ 0	$ 0
12 months or more, gross unrealized losses	$ 0	$ 0
Total, number of securities | Security	0	0
Total, fair value	$ 0	$ 0
Total, gross unrealized losses	$ 0	$ 0
Municipal Bonds [Member]
Summary of Fair Value of Securities with Gross Unrealized Losses and Aging of Gross Unrealized Losses [Abstract]
Less than 12 months, number of securities | Security	2	0
Less than 12 months, fair value	$ 679	$ 0
Less than 12 months, gross unrealized losses	$ (5)	$ 0
12 months or more, number of securities | Security	0	0
12 months or more, fair value	$ 0	$ 0
12 months or more, gross unrealized losses	$ 0	$ 0
Total, number of securities | Security	2	0
Total, fair value	$ 679	$ 0
Total, gross unrealized losses	$ (5)	$ 0
Mortgage-backed Securities [Member]
Summary of Fair Value of Securities with Gross Unrealized Losses and Aging of Gross Unrealized Losses [Abstract]
Less than 12 months, number of securities | Security	14
Less than 12 months, fair value	$ 28,608
Less than 12 months, gross unrealized losses	$ (283)
12 months or more, number of securities | Security	0
12 months or more, fair value	$ 0
12 months or more, gross unrealized losses	$ 0
Total, number of securities | Security	14
Total, fair value	$ 28,608
Total, gross unrealized losses	$ (283)
US Government Agencies [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, number of securities | Security	16	1
Less than 12 months, fair value	$ 51,865	$ 4,993
Less than 12 months, gross unrealized losses	$ (404)	$ (7)
12 months or more, number of securities | Security	7	19
12 months or more, fair value	$ 23,852	$ 77,536
12 months or more, gross unrealized losses	$ (317)	$ (1,943)
Total, number of securities | Security	23	20
Total, fair value	$ 75,717	$ 82,529
Total, gross unrealized losses	$ (721)	$ (1,950)
Mortgage-backed Securities [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, number of securities | Security	39	7
Less than 12 months, fair value	$ 82,863	$ 12,008
Less than 12 months, gross unrealized losses	$ (892)	$ (13)
12 months or more, number of securities | Security	0	12
12 months or more, fair value	$ 0	$ 29,415
12 months or more, gross unrealized losses	$ 0	$ (201)
Total, number of securities | Security	39	19
Total, fair value	$ 82,863	$ 41,423
Total, gross unrealized losses	$ (892)	$ (214)

Securities, Other Than Temporar

Securities, Other Than Temporary Impairments (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)SecurityIssuer	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
OTTI losses recorded on available-for-sale securities [Abstract]
Total OTTI charge realized and unrealized	$ 571	$ 0	$ 0
OTTI recognized in other comprehensive income (non-credit component)	396	0
Net impairment losses recognized in earnings (credit component)	175
Book balance of securities with credit related OTTI losses	377,853	499,443
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Beginning balance of credit losses	0
Other-than-temporary impairment credit losses on securities not previously OTTI	175
Increases for additional credit losses on securities previously determined to be OTTI	0
Reduction for increases in cash flows	0
Reduction due to credit impaired securities sold or fully settled	0
Ending balance of cumulative credit losses recognized in earnings	$ 175	$ 0
Available-for-sale Securities [Member]
OTTI losses recorded on available-for-sale securities [Abstract]
Number of securities with credit related OTTI losses | Security	2
Available-for-sale Securities [Member] | Corporate Bond Securities [Member]
OTTI losses recorded on available-for-sale securities [Abstract]
Book balance of securities with credit related OTTI losses	$ 800
Available-for-sale Securities [Member] | Corporate Debt Securities [Member]
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Number of issuers having other-than-temporary impairment losses | Issuer	2
Available-for-sale Securities [Member] | Corporate Debt Securities One [Member]
OTTI losses recorded on available-for-sale securities [Abstract]
OTTI recognized in other comprehensive income (non-credit component)	$ 300
Number of securities with credit related OTTI losses | Security	1
Book balance of securities with credit related OTTI losses	$ 500
Available-for-sale Securities [Member] | Corporate Debt Securities Two [Member]
OTTI losses recorded on available-for-sale securities [Abstract]
OTTI recognized in other comprehensive income (non-credit component)	$ 100

Securities, Pledged Securities

Securities, Pledged Securities and Realized and Unrealized Gains (Losses) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Securities [Abstract]
Carrying value of pledged securities		$ 427,400,000	$ 516,500,000
Total gains realized on security	$ 2,700,000	3,300,000	295,000	$ 1,571,000
Gross realized gains		3,300,000	200,000	1,400,000
Gross realized losses		400,000	200,000	0
Tax (benefit) provision applicable to these realized net (losses)/gains		1,200,000	0	500,000
Proceeds from sales of securities		290,000,000	109,800,000	$ 18,600,000
Net unrealized gains (losses) on available-for-sale securities included in AOCI , net of applicable income taxes		(900,000)	200,000
Gains reclassified out of AOCI into earnings, net of tax		$ 2,100,000	$ 200,000

Securities, Exposure to Investm

Securities, Exposure to Investment Securities Issuers That Exceeded 10 Percent of Stockholders' Equity (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Exposure to investment securities issuers that exceeded 10% of shareholders' equity [Abstract]
Amortized cost	$ 546,121	$ 641,603
Stockholders' Equity, Total [Member]
Exposure to investment securities issuers that exceeded 10% of shareholders' equity [Abstract]
Amortized cost	394,007
Fair value	390,567
Stockholders' Equity, Total [Member] | U.S. Treasuries [Member]
Exposure to investment securities issuers that exceeded 10% of shareholders' equity [Abstract]
Amortized cost	29,999
Fair value	29,999
Stockholders' Equity, Total [Member] | Federal Home Loan Bank (FHLB) [Member]
Exposure to investment securities issuers that exceeded 10% of shareholders' equity [Abstract]
Amortized cost	85,507
Fair value	84,689
Stockholders' Equity, Total [Member] | Federal Home Loan Mortgage Corporation (Freddie Mac-FHLMC) [Member]
Exposure to investment securities issuers that exceeded 10% of shareholders' equity [Abstract]
Amortized cost	66,271
Fair value	65,589
Stockholders' Equity, Total [Member] | Federal National Mortgage Association (Fannie Mae-FNMA) [Member]
Exposure to investment securities issuers that exceeded 10% of shareholders' equity [Abstract]
Amortized cost	127,504
Fair value	126,294
Stockholders' Equity, Total [Member] | Federal Farm Credit Bank (FFCB) [Member]
Exposure to investment securities issuers that exceeded 10% of shareholders' equity [Abstract]
Amortized cost	84,726
Fair value	$ 83,996

Loans, Components of Loan Portf

Loans, Components of Loan Portfolio (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 843,608	$ 792,145
Percent of category	100.00%	100.00%
Unearned income	$ (2,025)	$ (1,824)
Total Loans Net of Unearned Income	841,583	790,321
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 539,406	$ 526,537
Percent of category	63.90%	66.50%
Real Estate [Member] | Construction and Land Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 56,132	$ 52,094
Percent of category	6.60%	6.60%
Real Estate [Member] | Farmland [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 17,672	$ 13,539
Percent of category	2.10%	1.70%
Real Estate [Member] | 1- 4 Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 129,610	$ 118,181
Percent of category	15.40%	14.90%
Real Estate [Member] | Multifamily [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 12,629	$ 14,323
Percent of category	1.50%	1.80%
Real Estate [Member] | Non-Farm Non-Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 323,363	$ 328,400
Percent of category	38.30%	41.50%
Non-Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 304,202	$ 265,608
Percent of category	36.10%	33.50%
Non-Real Estate [Member] | Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 25,838	$ 26,278
Percent of category	3.10%	3.30%
Non-Real Estate [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 224,201	$ 196,339
Percent of category	26.60%	24.80%
Non-Real Estate [Member] | Consumer and Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans Before Unearned Income	$ 54,163	$ 42,991
Percent of category	6.40%	5.40%

Loans, Fixed and Floating Rate

Loans, Fixed and Floating Rate Loans by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivables, Fixed and Floating Rate Loans by Contractual Maturity [Abstract]
One year or less	$ 135,086	$ 160,936
One to five years	562,059	478,961
Five to 15 years	80,653	106,646
Over 15 years	45,771	33,408
Subtotal	823,569	779,951
Nonaccrual loans	20,039	12,194
Total Loans Before Unearned Income	843,608	792,145
Unearned income	(2,025)	(1,824)
Total Loans Net of Unearned Income	841,583	790,321
Fixed Rate Loans [Member]
Financing Receivables, Fixed and Floating Rate Loans by Contractual Maturity [Abstract]
One year or less	86,975	88,686
One to five years	315,685	253,306
Five to 15 years	49,197	67,012
Over 15 years	36,438	25,304
Subtotal	488,295	434,308
Floating Rate Loans [Member]
Financing Receivables, Fixed and Floating Rate Loans by Contractual Maturity [Abstract]
One year or less	48,111	72,250
One to five years	246,374	225,655
Five to 15 years	31,456	39,634
Over 15 years	9,333	8,104
Subtotal	335,274	345,643
Loans at interest rate floor	$ 132,900	$ 195,700

Loans, Receivables Past Due (De

Loans, Receivables Past Due (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	$ 28,626	$ 21,910
Current	814,982	770,235
Total Loans Before Unearned Income	843,608	792,145
Unearned income	(2,025)	(1,824)
Total Loans Net of Unearned Income	841,583	790,321
Recorded investment 90 days accruing	410	599	$ 400
30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	8,177	9,117
90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	20,449	12,793
Real Estate [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	22,154	17,821
Current	517,252	508,716
Total Loans Before Unearned Income	539,406	526,537
Recorded investment 90 days accruing	410	599
Real Estate [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	4,552	7,771
Real Estate [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	17,602	10,050
Real Estate [Member] | Construction and Land Development [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	570	824
Current	55,562	51,270
Total Loans Before Unearned Income	56,132	52,094
Recorded investment 90 days accruing	0	0
Real Estate [Member] | Construction and Land Development [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	12	338
Real Estate [Member] | Construction and Land Development [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	558	486
Real Estate [Member] | Farmland [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	136	163
Current	17,536	13,376
Total Loans Before Unearned Income	17,672	13,539
Recorded investment 90 days accruing	19	0
Real Estate [Member] | Farmland [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	0	10
Real Estate [Member] | Farmland [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	136	153
Real Estate [Member] | 1- 4 Family [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	7,475	7,342
Current	122,135	110,839
Total Loans Before Unearned Income	129,610	118,181
Recorded investment 90 days accruing	391	599
Real Estate [Member] | 1- 4 Family [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	2,546	2,924
Real Estate [Member] | 1- 4 Family [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	4,929	4,418
Real Estate [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	9,045	2,990
Current	3,584	11,333
Total Loans Before Unearned Income	12,629	14,323
Recorded investment 90 days accruing	0	0
Real Estate [Member] | Multifamily [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	0	2,990
Real Estate [Member] | Multifamily [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	9,045	0
Real Estate [Member] | Non-Farm Non-Residential [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	4,928	6,502
Current	318,435	321,898
Total Loans Before Unearned Income	323,363	328,400
Recorded investment 90 days accruing	0	0
Real Estate [Member] | Non-Farm Non-Residential [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	1,994	1,509
Real Estate [Member] | Non-Farm Non-Residential [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	2,934	4,993
Non-Real Estate [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	6,472	4,089
Current	297,730	261,519
Total Loans Before Unearned Income	304,202	265,608
Recorded investment 90 days accruing	0	0
Non-Real Estate [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	3,625	1,346
Non-Real Estate [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	2,847	2,743
Non-Real Estate [Member] | Agricultural [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	4,974	832
Current	20,864	25,446
Total Loans Before Unearned Income	25,838	26,278
Recorded investment 90 days accruing	0	0
Non-Real Estate [Member] | Agricultural [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	2,346	0
Non-Real Estate [Member] | Agricultural [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	2,628	832
Non-Real Estate [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	362	3,148
Current	223,839	193,191
Total Loans Before Unearned Income	224,201	196,339
Recorded investment 90 days accruing	0	0
Non-Real Estate [Member] | Commercial and Industrial [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	314	1,241
Non-Real Estate [Member] | Commercial and Industrial [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	48	1,907
Non-Real Estate [Member] | Consumer and Other [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	1,136	109
Current	53,027	42,882
Total Loans Before Unearned Income	54,163	42,991
Recorded investment 90 days accruing	0	0
Non-Real Estate [Member] | Consumer and Other [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	965	105
Non-Real Estate [Member] | Consumer and Other [Member] | 90 Days or Greater [Member]
Financing Receivable, Recorded Investment, Aging [Abstract]
Total past due	$ 171	$ 4

Loans, Nonaccrual Loans (Detail

Loans, Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	$ 20,039	$ 12,194
Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	17,192	9,451
Real Estate [Member] | Construction & Land Development [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	558	486
Real Estate [Member] | Farmland [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	117	153
Real Estate [Member] | 1- 4 Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	4,538	3,819
Real Estate [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	9,045	0
Real Estate [Member] | Non-Farm Non-Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	2,934	4,993
Non-Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	2,847	2,743
Non-Real Estate [Member] | Agricultural [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	2,628	832
Non-Real Estate [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	48	1,907
Non-Real Estate [Member] | Consumer and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans	$ 171	$ 4

Loans, Credit Exposure of Portf

Loans, Credit Exposure of Portfolio (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	$ 843,608	$ 792,145
Unearned income	(2,025)	(1,824)
Total Loans Net of Unearned Income	841,583	790,321
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	774,202	718,691
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	10,752	28,702
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	58,654	44,752
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	539,406	526,537
Real Estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	485,379	467,232
Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	10,099	19,961
Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	43,928	39,344
Real Estate [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Real Estate [Member] | Construction and Land Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	56,132	52,094
Real Estate [Member] | Construction and Land Development [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	51,681	46,451
Real Estate [Member] | Construction and Land Development [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	386	559
Real Estate [Member] | Construction and Land Development [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	4,065	5,084
Real Estate [Member] | Construction and Land Development [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Real Estate [Member] | Farmland [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	17,672	13,539
Real Estate [Member] | Farmland [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	17,554	13,299
Real Estate [Member] | Farmland [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	87
Real Estate [Member] | Farmland [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	118	153
Real Estate [Member] | Farmland [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Real Estate [Member] | 1- 4 Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	129,610	118,181
Real Estate [Member] | 1- 4 Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	115,878	103,582
Real Estate [Member] | 1- 4 Family [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	6,425	6,113
Real Estate [Member] | 1- 4 Family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	7,307	8,486
Real Estate [Member] | 1- 4 Family [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Real Estate [Member] | Multifamily [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	12,629	14,323
Real Estate [Member] | Multifamily [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	3,584	3,581
Real Estate [Member] | Multifamily [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	6,414
Real Estate [Member] | Multifamily [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	9,045	4,328
Real Estate [Member] | Multifamily [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Real Estate [Member] | Non-Farm Non-Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	323,363	328,400
Real Estate [Member] | Non-Farm Non-Residential [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	296,682	300,319
Real Estate [Member] | Non-Farm Non-Residential [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	3,288	6,788
Real Estate [Member] | Non-Farm Non-Residential [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	23,393	21,293
Real Estate [Member] | Non-Farm Non-Residential [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Non-Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	304,202	265,608
Non-Real Estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	288,823	251,459
Non-Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	653	8,741
Non-Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	14,726	5,408
Non-Real Estate [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Non-Real Estate [Member] | Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	25,838	26,278
Non-Real Estate [Member] | Agricultural [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	20,860	22,789
Non-Real Estate [Member] | Agricultural [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	4	7
Non-Real Estate [Member] | Agricultural [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	4,974	3,482
Non-Real Estate [Member] | Agricultural [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Non-Real Estate [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	224,201	196,339
Non-Real Estate [Member] | Commercial and Industrial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	214,184	185,839
Non-Real Estate [Member] | Commercial and Industrial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	471	8,611
Non-Real Estate [Member] | Commercial and Industrial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	9,546	1,889
Non-Real Estate [Member] | Commercial and Industrial [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	0	0
Non-Real Estate [Member] | Consumer and Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	54,163	42,991
Non-Real Estate [Member] | Consumer and Other [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	53,779	42,831
Non-Real Estate [Member] | Consumer and Other [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	178	123
Non-Real Estate [Member] | Consumer and Other [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	206	37
Non-Real Estate [Member] | Consumer and Other [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans Before Unearned Income	$ 0	$ 0

Allowance for Loan Losses, Summ

Allowance for Loan Losses, Summary of Changes in Allowance for Loan Losses, by Portfolio Type (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	$ 9,105	$ 10,355	$ 10,342
Charge-offs	(4,173)	(3,693)	(3,033)
Recoveries	619	481	526
Provision	3,864	1,962	2,520
Ending allowance	9,415	9,105	10,355
Real Estate [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	6,380	7,504	7,337
Charge-offs	(3,053)	(3,136)	(1,632)
Recoveries	150	163	207
Provision	3,165	1,849	1,592
Ending allowance	6,642	6,380	7,504
Real Estate [Member] | Construction & Land Development [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	702	1,530	1,098
Charge-offs	(559)	(1,032)	(233)
Recoveries	5	6	10
Provision	814	198	655
Ending allowance	962	702	1,530
Real Estate [Member] | Farmland [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	21	17	50
Charge-offs	0	0	(31)
Recoveries	0	0	140
Provision	33	4	(142)
Ending allowance	54	21	17
Real Estate [Member] | 1- 4 Family [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	2,131	1,974	2,239
Charge-offs	(410)	(589)	(220)
Recoveries	94	99	49
Provision	(44)	647	(94)
Ending allowance	1,771	2,131	1,974
Real Estate [Member] | Multifamily [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	813	376	284
Charge-offs	(947)	0	0
Recoveries	46	49	0
Provision	645	388	92
Ending allowance	557	813	376
Real Estate [Member] | Non-Farm Non-Residential [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	2,713	3,607	3,666
Charge-offs	(1,137)	(1,515)	(1,148)
Recoveries	5	9	8
Provision	1,717	612	1,081
Ending allowance	3,298	2,713	3,607
Non-Real Estate [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	2,725	2,851	3,005
Charge-offs	(1,120)	(557)	(1,401)
Recoveries	469	318	319
Provision	699	113	928
Ending allowance	2,773	2,725	2,851
Non-Real Estate [Member] | Agricultural [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	293	46	64
Charge-offs	(491)	(2)	(41)
Recoveries	3	1	5
Provision	211	248	18
Ending allowance	16	293	46
Non-Real Estate [Member] | Commercial and Industrial [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	1,797	2,176	2,488
Charge-offs	(79)	(266)	(1,098)
Recoveries	315	118	71
Provision	494	(231)	715
Ending allowance	2,527	1,797	2,176
Non-Real Estate [Member] | Consumer and Other [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	371	208	233
Charge-offs	(550)	(289)	(262)
Recoveries	151	199	243
Provision	258	253	(6)
Ending allowance	230	371	208
Non-Real Estate [Member] | Unallocated [Member]
Summary of changes in allowance for loan losses, by portfolio type [Roll Forward]
Beginning allowance	264	421	220
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	(264)	(157)	201
Ending allowance	$ 0	$ 264	$ 421

Allowance for Loan Losses, Su66

Allowance for Loan Losses, Summary of Allowance and Loans Individually and Collectively Evaluated for Impairment (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	$ 2,363	$ 1,910
Allowance collectively evaluated for impairment	7,052	7,195
Total allowance for credit losses	9,415	9,105	$ 10,355	$ 10,342
Loans individually evaluated for impairment	31,142	35,372
Loans collectively evaluated for impairment	812,466	756,773
Total Loans Before Unearned Income	843,608	792,145
Unearned income	(2,025)	(1,824)
Total Loans Net of Unearned Income	841,583	790,321
Financing receivable recorded investment not accruing interest	20,000	12,200	14,500
Financing receivable, recorded investment, 90 days past due and still accruing	410	599	400
Financing receivable average recorded investment nonaccrual status	14,900	13,800	17,300
Loan that is no longer considered impaired but is still individually evaluated for impairment	5,300	5,900
Real Estate [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	2,363	1,629
Allowance collectively evaluated for impairment	4,279	4,751
Total allowance for credit losses	6,642	6,380	7,504	7,337
Loans individually evaluated for impairment	26,108	31,058
Loans collectively evaluated for impairment	513,298	495,479
Total Loans Before Unearned Income	539,406	526,537
Financing receivable, recorded investment, 90 days past due and still accruing	410	599
Real Estate [Member] | Construction & Land Development [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	0	126
Allowance collectively evaluated for impairment	962	576
Total allowance for credit losses	962	702	1,530	1,098
Loans individually evaluated for impairment	368	4,150
Loans collectively evaluated for impairment	55,764	47,944
Total Loans Before Unearned Income	56,132	52,094
Financing receivable, recorded investment, 90 days past due and still accruing	0	0
Real Estate [Member] | Farmland [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	0	0
Allowance collectively evaluated for impairment	54	21
Total allowance for credit losses	54	21	17	50
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	17,672	13,539
Total Loans Before Unearned Income	17,672	13,539
Financing receivable, recorded investment, 90 days past due and still accruing	19	0
Real Estate [Member] | 1- 4 Family [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	611	598
Allowance collectively evaluated for impairment	1,160	1,533
Total allowance for credit losses	1,771	2,131	1,974	2,239
Loans individually evaluated for impairment	3,049	3,420
Loans collectively evaluated for impairment	126,561	114,761
Total Loans Before Unearned Income	129,610	118,181
Financing receivable, recorded investment, 90 days past due and still accruing	391	599
Real Estate [Member] | Multifamily [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	454	437
Allowance collectively evaluated for impairment	103	376
Total allowance for credit losses	557	813	376	284
Loans individually evaluated for impairment	9,045	7,201
Loans collectively evaluated for impairment	3,584	7,122
Total Loans Before Unearned Income	12,629	14,323
Financing receivable, recorded investment, 90 days past due and still accruing	0	0
Real Estate [Member] | Non-Farm Non-Residential [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	1,298	468
Allowance collectively evaluated for impairment	2,000	2,245
Total allowance for credit losses	3,298	2,713	3,607	3,666
Loans individually evaluated for impairment	13,646	16,287
Loans collectively evaluated for impairment	309,717	312,113
Total Loans Before Unearned Income	323,363	328,400
Financing receivable, recorded investment, 90 days past due and still accruing	0	0
Non-Real Estate [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	0	281
Allowance collectively evaluated for impairment	2,773	2,444
Total allowance for credit losses	2,773	2,725	2,851	3,005
Loans individually evaluated for impairment	5,034	4,314
Loans collectively evaluated for impairment	299,168	261,294
Total Loans Before Unearned Income	304,202	265,608
Financing receivable, recorded investment, 90 days past due and still accruing	0	0
Non-Real Estate [Member] | Agricultural [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	0	262
Allowance collectively evaluated for impairment	16	31
Total allowance for credit losses	16	293	46	64
Loans individually evaluated for impairment	4,863	2,650
Loans collectively evaluated for impairment	20,975	23,628
Total Loans Before Unearned Income	25,838	26,278
Financing receivable, recorded investment, 90 days past due and still accruing	0	0
Non-Real Estate [Member] | Commercial and Industrial [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	0	19
Allowance collectively evaluated for impairment	2,527	1,778
Total allowance for credit losses	2,527	1,797	2,176	2,488
Loans individually evaluated for impairment	0	1,664
Loans collectively evaluated for impairment	224,201	194,675
Total Loans Before Unearned Income	224,201	196,339
Financing receivable, recorded investment, 90 days past due and still accruing	0	0
Non-Real Estate [Member] | Consumer and Other [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	0	0
Allowance collectively evaluated for impairment	230	371
Total allowance for credit losses	230	371	208	233
Loans individually evaluated for impairment	171	0
Loans collectively evaluated for impairment	53,992	42,991
Total Loans Before Unearned Income	54,163	42,991
Financing receivable, recorded investment, 90 days past due and still accruing	0	0
Non-Real Estate [Member] | Unallocated [Member]
Summary of allowance and loans individually and collectively evaluated for impairment [Abstract]
Allowance individually evaluated for impairment	0	0
Allowance collectively evaluated for impairment	0	264
Total allowance for credit losses	0	264	$ 421	$ 220
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	0	0
Total Loans Before Unearned Income	$ 0	$ 0

Allowance for Loan Losses, Impa

Allowance for Loan Losses, Impaired Loans by Class (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Impaired loans with no related allowance [Abstract]
Recorded investment	$ 13,821	$ 12,115
Unpaid principal balance	15,873	15,023
Average recorded investment	15,979	12,718
Interest income recognized	866	742
Interest income cash basis	667	576
Impaired loans with an allowance recorded [Abstract]
Recorded investment	12,004	17,394
Unpaid principal balance	12,985	17,664
Related allowance	1,909	1,871
Average recorded investment	13,114	13,179
Interest income recognized	669	522
Interest income cash basis	694	512
Total impaired loans [Abstract]
Recorded investment	25,825	29,509
Unpaid principal balance	28,858	32,687
Related allowance	1,909	1,871
Average recorded investment	29,093	25,897
Interest income recognized	1,535	1,264
Interest income cash basis	1,361	1,088
Real Estate [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	8,787	12,115
Unpaid principal balance	10,537	15,023
Average recorded investment	10,608	12,718
Interest income recognized	539	742
Interest income cash basis	347	576
Impaired loans with an allowance recorded [Abstract]
Recorded investment	12,004	13,080
Unpaid principal balance	12,985	13,160
Related allowance	1,909	1,590
Average recorded investment	13,114	13,179
Interest income recognized	669	522
Interest income cash basis	694	512
Total impaired loans [Abstract]
Related allowance	1,909	1,590
Real Estate [Member] | Construction & Land Development [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	368	3,308
Unpaid principal balance	823	4,359
Average recorded investment	825	3,479
Interest income recognized	41	217
Interest income cash basis	44	224
Impaired loans with an allowance recorded [Abstract]
Recorded investment	0	842
Unpaid principal balance	0	842
Related allowance	0	126
Average recorded investment	0	829
Interest income recognized	0	48
Interest income cash basis	0	43
Total impaired loans [Abstract]
Related allowance	0	126
Real Estate [Member] | Farmland [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	0	0
Unpaid principal balance	0	0
Average recorded investment	0	0
Interest income recognized	0	0
Interest income cash basis	0	0
Impaired loans with an allowance recorded [Abstract]
Recorded investment	0	0
Unpaid principal balance	0	0
Related allowance	0	0
Average recorded investment	0	0
Interest income recognized	0	0
Interest income cash basis	0	0
Total impaired loans [Abstract]
Related allowance	0	0
Real Estate [Member] | 1- 4 Family [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	1,054	1,368
Unpaid principal balance	1,358	1,656
Average recorded investment	1,354	397
Interest income recognized	79	72
Interest income cash basis	84	43
Impaired loans with an allowance recorded [Abstract]
Recorded investment	1,995	2,052
Unpaid principal balance	2,144	2,068
Related allowance	611	598
Average recorded investment	2,079	2,062
Interest income recognized	103	97
Interest income cash basis	125	87
Total impaired loans [Abstract]
Related allowance	611	598
Real Estate [Member] | Multifamily [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	3,728	0
Unpaid principal balance	4,240	0
Average recorded investment	4,305	148
Interest income recognized	254	31
Interest income cash basis	72	34
Impaired loans with an allowance recorded [Abstract]
Recorded investment	0	1,338
Unpaid principal balance	0	1,337
Related allowance	0	398
Average recorded investment	0	1,340
Interest income recognized	0	60
Interest income cash basis	0	55
Total impaired loans [Abstract]
Related allowance	0	398
Real Estate [Member] | Non-Farm Non-Residential [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	3,637	7,439
Unpaid principal balance	4,116	9,008
Average recorded investment	4,124	8,694
Interest income recognized	165	422
Interest income cash basis	147	275
Impaired loans with an allowance recorded [Abstract]
Recorded investment	10,009	8,848
Unpaid principal balance	10,841	8,913
Related allowance	1,298	468
Average recorded investment	11,035	8,948
Interest income recognized	566	317
Interest income cash basis	569	327
Total impaired loans [Abstract]
Related allowance	1,298	468
Non-Real Estate [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	5,034	0
Unpaid principal balance	5,336	0
Average recorded investment	5,371	0
Interest income recognized	327	0
Interest income cash basis	320	0
Impaired loans with an allowance recorded [Abstract]
Recorded investment	0	4,314
Unpaid principal balance	0	4,504
Related allowance	0	281
Average recorded investment	0	0
Interest income recognized	0	0
Interest income cash basis	0	0
Total impaired loans [Abstract]
Related allowance	0	281
Non-Real Estate [Member] | Agricultural [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	4,863	0
Unpaid principal balance	5,019	0
Average recorded investment	5,036	0
Interest income recognized	300	0
Interest income cash basis	300	0
Impaired loans with an allowance recorded [Abstract]
Recorded investment	0	2,650
Unpaid principal balance	0	2,650
Related allowance	0	262
Average recorded investment	0	0
Interest income recognized	0	0
Interest income cash basis	0	0
Total impaired loans [Abstract]
Related allowance	0	262
Non-Real Estate [Member] | Commercial and Industrial [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	0	0
Unpaid principal balance	0	0
Average recorded investment	0	0
Interest income recognized	0	0
Interest income cash basis	0	0
Impaired loans with an allowance recorded [Abstract]
Recorded investment	0	1,664
Unpaid principal balance	0	1,854
Related allowance	0	19
Average recorded investment	0	0
Interest income recognized	0	0
Interest income cash basis	0	0
Total impaired loans [Abstract]
Related allowance	0	19
Non-Real Estate [Member] | Consumer and Other [Member]
Impaired loans with no related allowance [Abstract]
Recorded investment	171	0
Unpaid principal balance	317	0
Average recorded investment	335	0
Interest income recognized	27	0
Interest income cash basis	20	0
Impaired loans with an allowance recorded [Abstract]
Recorded investment	0	0
Unpaid principal balance	0	0
Related allowance	0	0
Average recorded investment	0	0
Interest income recognized	0	0
Interest income cash basis	0	0
Total impaired loans [Abstract]
Related allowance	$ 0	$ 0

Allowance for Loan Losses, Age

Allowance for Loan Losses, Age Analysis of TDRs (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Contract	Dec. 31, 2014USD ($)Contract
Financing Receivable, Modifications [Line Items]
Accruing loans, current	$ 3,431	$ 2,998
Nonaccrual	2,276	230
Total TDRs	5,707	5,432
30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	$ 0	$ 2,204
1-4 Family and Non-Farm Non-Residential [Member] | Interest Only with Reduction in Scheduled Amortization Payments and Contractual Interest Rate [Member]
Financing Receivable, Modifications [Line Items]
Number of troubled debt restructurings | Contract		1
Total TDRs		$ 2,200
Raw Land [Member] | Interest Only with Reduction in Scheduled Amortization Payments and Contractual Interest Rate [Member]
Financing Receivable, Modifications [Line Items]
Number of troubled debt restructurings | Contract	1
Total TDRs	$ 400
Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	3,431	2,998
Nonaccrual	2,276	230
Total TDRs	5,707	5,432
Real Estate [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	0	2,204
Real Estate [Member] | Construction & Land Development [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	0	0
Nonaccrual	368	0
Total TDRs	368	0
Real Estate [Member] | Construction & Land Development [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	0	0
Real Estate [Member] | Farmland [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	0	0
Nonaccrual	0	0
Total TDRs	0	0
Real Estate [Member] | Farmland [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	0	0
Real Estate [Member] | 1- 4 Family [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	0	0
Nonaccrual	1,702	0
Total TDRs	1,702	1,752
Real Estate [Member] | 1- 4 Family [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	0	1,752
Real Estate [Member] | Multifamily [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	0	0
Nonaccrual	0	0
Total TDRs	0	0
Real Estate [Member] | Multifamily [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	0	0
Real Estate [Member] | Non-Farm Non-Residential [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	3,431	2,998
Nonaccrual	206	230
Total TDRs	3,637	3,680
Real Estate [Member] | Non-Farm Non-Residential [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	0	452
Non-Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	0	0
Nonaccrual	0	0
Total TDRs	0	0
Non-Real Estate [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	0	0
Non-Real Estate [Member] | Agricultural [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	0	0
Nonaccrual	0	0
Total TDRs	0	0
Non-Real Estate [Member] | Agricultural [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	0	0
Non-Real Estate [Member] | Commercial and Industrial [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	0	0
Nonaccrual	0	0
Total TDRs	0	0
Non-Real Estate [Member] | Commercial and Industrial [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	0	0
Non-Real Estate [Member] | Consumer and Other [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, current	0	0
Nonaccrual	0	0
Total TDRs	0	0
Non-Real Estate [Member] | Consumer and Other [Member] | 30-89 Days Past Due [Member]
Financing Receivable, Modifications [Line Items]
Accruing loans, past due	$ 0	$ 0

Allowance for Loan Losses, TDR

Allowance for Loan Losses, TDR Activity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
TDR activity [Roll Forward]
Beginning balance	$ 5,432
New TDRs	368
Charge-offs post-modification	(29)
Transferred to ORE	0
Paydowns	(64)
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	5,707
Real Estate [Member]
TDR activity [Roll Forward]
Beginning balance	5,432
New TDRs	368
Charge-offs post-modification	(29)
Transferred to ORE	0
Paydowns	(64)
Construction to permanent financing	0
Ending balance	5,707
Real Estate [Member] | Construction & Land Development [Member]
TDR activity [Roll Forward]
Beginning balance	0
New TDRs	368
Charge-offs post-modification	0
Transferred to ORE	0
Paydowns	0
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	368
Real Estate [Member] | Farmland [Member]
TDR activity [Roll Forward]
Beginning balance	0
New TDRs	0
Charge-offs post-modification	0
Transferred to ORE	0
Paydowns	0
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	0
Real Estate [Member] | 1- 4 Family [Member]
TDR activity [Roll Forward]
Beginning balance	1,752
New TDRs	0
Charge-offs post-modification	0
Transferred to ORE	0
Paydowns	(50)
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	1,702
Real Estate [Member] | Multifamily [Member]
TDR activity [Roll Forward]
Beginning balance	0
New TDRs	0
Charge-offs post-modification	0
Transferred to ORE	0
Paydowns	0
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	0
Real Estate [Member] | Non-Farm Non-Residential [Member]
TDR activity [Roll Forward]
Beginning balance	3,680
New TDRs	0
Charge-offs post-modification	(29)
Transferred to ORE	0
Paydowns	(14)
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	3,637
Non-Real Estate [Member]
TDR activity [Roll Forward]
Beginning balance	0
New TDRs	0
Charge-offs post-modification	0
Transferred to ORE	0
Paydowns	0
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	0
Non-Real Estate [Member] | Agricultural [Member]
TDR activity [Roll Forward]
Beginning balance	0
New TDRs	0
Charge-offs post-modification	0
Transferred to ORE	0
Paydowns	0
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	0
Non-Real Estate [Member] | Commercial and Industrial [Member]
TDR activity [Roll Forward]
Beginning balance	0
New TDRs	0
Charge-offs post-modification	0
Transferred to ORE	0
Paydowns	0
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	0
Non-Real Estate [Member] | Consumer and Other [Member]
TDR activity [Roll Forward]
Beginning balance	0
New TDRs	0
Charge-offs post-modification	0
Transferred to ORE	0
Paydowns	0
Construction to permanent financing	0
Restructured to market terms	0
Ending balance	$ 0

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Acquired value	$ 49,868	$ 45,506
Less: accumulated depreciation	27,849	26,295
Net book value	22,019	19,211
Depreciation expense	1,600	1,700	$ 1,700
Land [Member]
Property, Plant and Equipment [Line Items]
Acquired value	7,227	6,933
Bank Premises [Member]
Property, Plant and Equipment [Line Items]
Acquired value	18,914	18,324
Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Acquired value	21,060	19,995
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Acquired value	$ 2,667	$ 254

Goodwill and Other Intangible71

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Goodwill and Other Intangible Assets [Abstract]
Goodwill	$ 1,999	$ 1,999
Finite-lived Intangible Assets [Roll Forward]
Gross Carrying Amount	9,617	9,617
Accumulated Amortization	8,223	7,884
Net Carrying Amount	1,394	1,733
Amortization expense	300	300	$ 300
Amortization expense of core deposit intangible assets for next five years [Abstract]
December 31, 2016	320
December 31, 2017	320
December 31, 2018	320
December 31, 2019	135
December 31, 2020	135
Core Deposits Intangibles [Member]
Finite-lived Intangible Assets [Roll Forward]
Gross Carrying Amount	9,350	9,350
Accumulated Amortization	8,052	7,732
Net Carrying Amount	$ 1,298	1,618
Weighted-average amortization	4 years 4 months 24 days
Mortgage Servicing Rights [Member]
Finite-lived Intangible Assets [Roll Forward]
Gross Carrying Amount	$ 267	267
Accumulated Amortization	171	152
Net Carrying Amount	$ 96	$ 115

Other Real Estate (Details)

Other Real Estate (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Real Estate Owned Acquired by Foreclosure [Abstract]
Residential	$ 880	$ 1,121
Construction & land development	25	127
Non-farm non-residential	672	950
Total Other Real Estate Owned and Foreclosed Property	$ 1,577	$ 2,198

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Maturities of time deposits [Abstract]
2,016	$ 401,535
2,017	118,340
2,018	18,697
2,019	28,209
2020 and thereafter	25,229
Total	592,010	$ 657,026
Brokered deposits	26,700
Aggregate amount of time deposits in denominations of $250,000 or more	$ 305,100	$ 323,700

Borrowings, Short-term Borrowin

Borrowings, Short-term Borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Short-term borrowings [Abstract]
Securities sold under agreements to repurchase	$ 0	$ 0
Line of credit	1,800	1,800
Total short-term borrowings	$ 1,800	1,800	$ 5,788
Period of interest rate on repurchase agreements	91 days
Available lines of credit including FHLB	$ 206,200	266,700
Schedule of certain information short-term borrowings [Abstract]
Outstanding at year end	1,800	1,800	5,788
Maximum month-end outstanding	13,800	22,356	57,302
Average daily outstanding	$ 4,217	$ 6,960	$ 21,387
Weighted average rate during the year	2.12%	1.08%	0.98%
Average rate at year end	4.50%	4.50%	1.51%

Borrowings, Long-term Debt (Det

Borrowings, Long-term Debt (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term debt outstanding	$ 40,400,000
Senior Long-term Debt [Member]
Debt Instrument [Line Items]
Long-term debt outstanding	$ 25,824,000
Senior Long-term Debt [Member] | Wall Street Journal Prime Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	0.75%
Interest rate	4.00%
Long-term debt outstanding	$ 900,000	$ 1,500,000
Periodic principal payment	$ 50,000
Principal payment frequency	monthly
Debt maturity date	May 12, 2017
Percentage of interest used in secured pledge borrowings	13.20%
Number of shares used in secured pledge borrowings (in shares)	735,745
Senior Long-term Debt [Member] | Floating 3-Month LIBOR [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	2.50%
Long-term debt outstanding	$ 25,000,000
Periodic principal payment	$ 625,000
Principal payment frequency	quarterly
Debt maturity date	Dec. 22, 2020
Percentage of interest used in secured pledge borrowings	85.00%
Number of shares used in secured pledge borrowings (in shares)	4,823,899
Junior Subordinated Debt [Member]
Debt Instrument [Line Items]
Long-term debt outstanding	$ 14,597,000
Junior Subordinated Debt [Member] | Wall Street Journal Prime Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	0.75%
Interest rate	4.00%
Long-term debt outstanding	$ 14,597,000
Debt maturity date	Dec. 21, 2025
Junior Subordinated Debt [Member] | Wall Street Journal Prime Rate [Member] | Fixed Interest Rate Period [Member]
Debt Instrument [Line Items]
Principal payment frequency	semi-annually
Junior Subordinated Debt [Member] | Wall Street Journal Prime Rate [Member] | Floating Interest Rate Period [Member]
Debt Instrument [Line Items]
Principal payment frequency	quarterly

Borrowings, Line of Credit and

Borrowings, Line of Credit and Letters of Credit (Details) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Line of Credit Facility [Line Items]
Line of credit facility, remaining borrowing capacity	$ 206.2	$ 266.7
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	2.5
Line of credit facility, remaining borrowing capacity	$ 0.7
Line of credit facility, interest rate	4.50%
Federal Home Loan Bank (FHLB) [Member] | Letters of Credit [Member]
Line of Credit Facility [Line Items]
Letters of credit amount at FHLB	$ 195	$ 150

Borrowings, Obligations on Long

Borrowings, Obligations on Long-term Debt (Details) $ in Thousands	Dec. 31, 2015USD ($)
Obligations on senior long-term debt and junior subordinated debentures [Abstract]
Total	$ 40,400
Senior Long-term Debt [Member]
Obligations on senior long-term debt and junior subordinated debentures [Abstract]
2,016	3,100
2,017	2,755
2,018	2,500
2,019	2,500
2,020	2,500
2021 and thereafter	12,500
Subtotal	25,855
Debt issuance costs	(31)
Total	25,824
Junior Subordinated Debentures [Member]
Obligations on senior long-term debt and junior subordinated debentures [Abstract]
2,016	0
2,017	0
2,018	0
2,019	0
2,020	0
2021 and thereafter	15,000
Subtotal	15,000
Debt issuance costs	(403)
Total	$ 14,597

Preferred Stock (Details)

Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 22, 2015	Sep. 22, 2011	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Class of Stock [Line Items]
Proceeds from issuance of preferred stock		$ 39,400
Preferred stock dividends paid			$ 384	$ 394	$ 713
Preferred stock, total redemption price			39,435	$ 0	$ 0
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Carrying amount of stock redeemed			21,100
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Carrying amount of stock redeemed			$ 21,100
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock redeemed (in shares)	39,435
Preferred stock liquidation value per share (in dollars per share)	$ 1,000
Preferred stock, total redemption price	$ 39,500
Series C Preferred Stock [Member] | Minimum [Member]
Class of Stock [Line Items]
Preferred stock dividend rate			1.00%
Series C Preferred Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Preferred stock dividend rate			5.00%

Capital Requirements (Details)

Capital Requirements (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Total Risk-based Capital, Amount [Abstract]
Actual Amount	$ 141,022	$ 144,834
Minimum Capital Requirement	$ 85,952	$ 82,486
Total Risk-based Capital, Ratio [Abstract]
Actual Ratio	13.13%	14.05%
Minimum Capital Requirement	8.00%	8.00%
Tier 1 Capital, Amount [Abstract]
Actual Amount	$ 116,607	$ 135,727
Minimum Capital Requirement	$ 64,464	$ 41,243
Tier 1 Capital, Ratio [Abstract]
Actual Ratio	10.85%	13.16%
Minimum Capital Requirement	6.00%	4.00%
Tier 1 Leverage Capital, Amount [Abstract]
Actual Amount	$ 116,607	$ 135,737
Minimum Capital Requirement	$ 57,121	$ 58,173
Tier 1 Leverage Capital, Ratio [Abstract]
Actual Ratio	8.17%	9.33%
Minimum Capital Requirement	4.00%	4.00%
Common Equity Tier One Capital, Amount [Abstract]
Actual Amount	$ 116,607
Minimum Capital Requirement	$ 48,348
Common Equity Tier One Capital, Ratio [Abstract]
Actual Ratio	10.85%
Minimum Capital Requirement	4.50%
Bank [Member]
Total Risk-based Capital, Amount [Abstract]
Actual Amount	$ 148,316	$ 143,426
Minimum Capital Requirement	85,632	82,170
Minimum to be Well Capitalized Under Action Provisions	$ 107,040	$ 102,712
Total Risk-based Capital, Ratio [Abstract]
Actual Ratio	13.86%	13.96%
Minimum Capital Requirement	8.00%	8.00%
Minimum to be Well Capitalized Under Action Provisions	10.00%	10.00%
Tier 1 Capital, Amount [Abstract]
Actual Amount	$ 138,901	$ 134,319
Minimum Capital Requirement	64,224	41,085
Minimum to be Well Capitalized Under Action Provisions	$ 85,632	$ 61,627
Tier 1 Capital, Ratio [Abstract]
Actual Ratio	12.98%	13.08%
Minimum Capital Requirement	6.00%	4.00%
Minimum to be Well Capitalized Under Action Provisions	8.00%	6.00%
Tier 1 Leverage Capital, Amount [Abstract]
Actual Amount	$ 138,901	$ 134,319
Minimum Capital Requirement	57,062	58,025
Minimum to be Well Capitalized Under Action Provisions	$ 71,328	$ 72,532
Tier 1 Leverage Capital, Ratio [Abstract]
Actual Ratio	9.74%	9.26%
Minimum Capital Requirement	4.00%	4.00%
Minimum to be Well Capitalized Under Action Provisions	5.00%	5.00%
Common Equity Tier One Capital, Amount [Abstract]
Actual Amount	$ 138,901
Minimum Capital Requirement	48,168
Minimum to be Well Capitalized Under Action Provisions	$ 69,576
Common Equity Tier One Capital, Ratio [Abstract]
Actual Ratio	12.98%
Minimum Capital Requirement	4.50%
Minimum to be Well Capitalized Under Action provisions	6.50%

Dividend Restrictions (Details)

Dividend Restrictions (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Dividend Restrictions [Abstract]
Percentage of outstanding capital stock, maximum	50.00%
Undistributed earnings	$ 3.5
Restricted investments	$ 137

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related party activity of loans [Abstract]
Balance, beginning of year	$ 53,808	$ 49,951
Net Increase	4,008	3,857
Balance, end of year	57,816	53,808	$ 49,951
Unfunded commitments	31,600	19,700
Contribution to medical benefit plan	0	2,300	2,400
Travel expenses for chairman and other directors	0	0	49,000,000
Directors and Executive Officers [Member]
Related party activity of loans [Abstract]
Deposit from related party	22,700
Champion Industries, Inc. [Member]
Related party activity of loans [Abstract]
Expenses from transactions with related party	$ 200	$ 200	$ 500

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Employee Benefit Plans [Abstract]
Deferment percentage of base salary, minimum	1.00%
Deferment percentage of base salary, maximum	20.00%
Employer matching contribution	6.00%
Maximum employer matching contribution percentage	100.00%
Contributions to savings plan	$ 86,000	$ 87,000	$ 81,000
Contributions were made to the ESOP	$ 0	$ 0	$ 0
Shares held under ESOP (in shares)	14,653

Other Expenses (Details)

Other Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other noninterest expense [Abstract]
Legal and professional fees	$ 2,019	$ 1,982	$ 2,347
Data processing	1,184	1,153	1,269
Marketing and public relations	848	700	638
Taxes - sales, capital and franchise	717	605	584
Operating supplies	414	410	487
Travel and lodging	818	566	563
Telephone	172	242	206
Amortization of core deposits	320	320	320
Donations	332	150	294
Net costs from other real estate and repossessions	493	1,374	941
Regulatory assessment	1,111	1,181	1,784
Other	3,326	3,143	3,237
Total other noninterest expense	11,754	11,826	12,670
Advertising expense	$ 600	$ 400	$ 400

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Provision for income taxes [Abstract]
Current	$ 7,347,000	$ 4,898,000	$ 4,748,000
Deferred	(384,000)	594,000	(171,000)
Total	$ 6,963,000	$ 5,492,000	$ 4,577,000
Statutory federal income tax rate and the provision for income taxes [Abstract]
Statutory tax rate	35.00%	35.00%	35.00%
Federal income taxes at statutory rate	$ 7,514,000	$ 5,851,000	$ 4,803,000
Tax exempt municipal income	(436,000)	(284,000)	(133,000)
Other	(115,000)	(75,000)	(93,000)
Total	6,963,000	5,492,000	4,577,000
Deferred tax assets [Abstract]
Allowance for loan losses	3,201,000	3,096,000
Other real estate owned	127,000	148,000
Unrealized losses on available for sale securities	445,000	0
Other	541,000	407,000
Gross deferred tax assets	4,314,000	3,651,000
Deferred tax liabilities [Abstract]
Depreciation and amortization	(1,588,000)	(1,779,000)
Core deposit intangibles	(441,000)	(550,000)
Unrealized gains on available for sale securities	0	(124,000)
Other	(373,000)	(359,000)
Gross deferred tax liabilities	(2,402,000)	(2,812,000)
Net deferred tax assets	1,912,000	839,000
Operating loss carryforwards	0	0
Income tax penalties expense	0	0	0
Interest on income taxes expense	0	0	0
Income tax penalties accrued	0	0	0
Interest on income taxes accrued	$ 0	$ 0	$ 0

Commitments and Contingencies85

Commitments and Contingencies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Extension period of majority of short-term borrowing	1 year
Maximum extension period of short-term borrowing	3 years
Commitments to Extend Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional value	$ 88,081	$ 59,675
Unfunded Commitment under Lines of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional value	107,581	111,247
Commercial and Standby Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Notional value	$ 7,486	$ 7,743

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Assets measured on recurring basis [Abstract]
Securities available for sale measured at fair value	$ 376,369	$ 499,808
Reconciliation assets measured at fair value on a recurring basis using unobservable inputs (Level 3) [Roll Forward]
Balance, beginning of year	8,780	5,834
Total gains or losses (realized/unrealized) [Abstract]
Included in earnings	0	0
Included in other comprehensive income	0	0
Purchases, sales, issuances and settlements, net	(1,079)	2,946
Transfers in and/or out of Level 3	0	0
Balance as of end of year	7,701	8,780
US Treasuries [Member]
Assets measured on a nonrecurring basis [Abstract]
Level 1 securities available for sale		6,000
Recurring Basis [Member]
Assets measured on recurring basis [Abstract]
Securities available for sale measured at fair value	376,369	499,808
Recurring Basis [Member] | Level 1: Quoted Prices in Active Markets For Identical Assets [Member]
Assets measured on recurring basis [Abstract]
Securities available for sale measured at fair value	30,501	36,504
Recurring Basis [Member] | Level 2: Significant Other Observable Inputs [Member]
Assets measured on recurring basis [Abstract]
Securities available for sale measured at fair value	338,167	454,524
Recurring Basis [Member] | Level 3: Significant Unobservable Inputs [Member]
Assets measured on recurring basis [Abstract]
Securities available for sale measured at fair value	7,701	8,780
Non-Recurring Basis [Member]
Assets measured on a nonrecurring basis [Abstract]
Impaired loans measured at fair value	16,694	20,862
Other real estate owned measured at fair value	1,577	2,198
Non-Recurring Basis [Member] | Level 1: Quoted Prices in Active Markets For Identical Assets [Member]
Assets measured on a nonrecurring basis [Abstract]
Impaired loans measured at fair value	0	0
Other real estate owned measured at fair value	0	0
Non-Recurring Basis [Member] | Level 2: Significant Other Observable Inputs [Member]
Assets measured on a nonrecurring basis [Abstract]
Impaired loans measured at fair value	293	5,244
Other real estate owned measured at fair value	1,104	1,847
Non-Recurring Basis [Member] | Level 3: Significant Unobservable Inputs [Member]
Assets measured on a nonrecurring basis [Abstract]
Impaired loans measured at fair value	16,401	15,618
Other real estate owned measured at fair value	$ 473	$ 351

Financial Instruments (Details)

Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets [Abstract]
Securities available for sale measured at fair value	$ 376,369	$ 499,808
Securities, held to maturity	168,148	139,688
Accrued interest receivable	6,015	6,384
Carrying Value [Member]
Assets [Abstract]
Cash and cash equivalents	37,272	44,575
Securities available for sale measured at fair value	376,369	499,808
Securities, held to maturity	169,752	141,795
Federal Home Loan Bank Stock	935	1,621
Loans, net	832,168	781,216
Accrued interest receivable	6,015	6,384
Liabilities [Abstract]
Deposits	1,295,870	1,371,839
Borrowings	27,624	3,255
Junior subordinated debentures	14,597	0
Accrued interest payable	1,707	1,997
Estimated Fair Value [Member]
Assets [Abstract]
Cash and cash equivalents	37,272	44,575
Securities available for sale measured at fair value	376,369	499,808
Securities, held to maturity	168,148	139,688
Federal Home Loan Bank Stock	935	1,621
Loans, net	831,731	780,470
Accrued interest receivable	6,015	6,384
Liabilities [Abstract]
Deposits	1,296,468	1,373,537
Borrowings	27,624	3,255
Junior subordinated debentures	14,597	0
Accrued interest payable	$ 1,707	$ 1,997

Concentrations of Credit and 88

Concentrations of Credit and Other Risks (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)Deposit
Concentrations of Credit and Other Risks [Abstract]
Commercial and standby letters of credit	$ 10
Percentage of entity deposits	43.90%
Number of deposits of depositing authorities | Deposit	1
Public fund deposits	$ 568.7

Condensed Parent Company Info89

Condensed Parent Company Information, Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Assets [Abstract]
Other assets	$ 9,256	$ 8,089
Available for sale, at fair value	376,369	499,808
Total Assets	1,459,753	1,518,876
Liabilities and Shareholders' Equity [Abstract]
Short-term debt	1,800	1,800	$ 5,788
Senior long-term debt	25,824	1,455
Junior subordinated debentures	14,597	0
Other liabilities	1,731	2,202
Total Liabilities	1,341,529	1,379,293
Shareholders' Equity	118,224	139,583	$ 123,405	$ 134,181
Total Liabilities and Shareholders' Equity	1,459,753	1,518,876
First Guaranty Bancshares, Inc. [Member]
Assets [Abstract]
Cash	16,862	723
Investment in bank subsidiary	140,518	138,176
Other assets	3,233	5,129
Available for sale, at fair value	80	70
Total Assets	160,693	144,098
Liabilities and Shareholders' Equity [Abstract]
Short-term debt	1,800	1,800
Senior long-term debt	25,824	2,439
Junior subordinated debentures	14,597	0
Other liabilities	248	276
Total Liabilities	42,469	4,515
Shareholders' Equity	118,224	139,583
Total Liabilities and Shareholders' Equity	$ 160,693	$ 144,098

Condensed Parent Company Info90

Condensed Parent Company Information, Condensed Statements of Income (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating Income [Abstract]
Net gains on securities	$ 2,700	$ 3,300	$ 295	$ 1,571
Operating Expenses [Abstract]
Interest expense		8,608	9,202	11,134
Salaries & Benefits		15,496	15,840	14,368
Income Before Income Taxes		21,468	16,716	13,723
Income tax benefit (expense)		(6,963)	(5,492)	(4,577)
Net Income		14,505	11,224	9,146
Less preferred stock dividends		(384)	(394)	(713)
Income Available to Common Shareholders		14,121	10,830	8,433
First Guaranty Bancshares, Inc. [Member]
Operating Income [Abstract]
Dividends received from bank subsidiary		9,843	6,448	4,669
Net gains on securities		2,652	0	0
Other income		261	162	90
Total operating income		12,756	6,610	4,759
Operating Expenses [Abstract]
Interest expense		192	130	115
Salaries & Benefits		172	140	88
Other expenses		766	464	449
Total operating expenses		1,130	734	652
Income Before Income Taxes		11,626	5,876	4,107
Income tax benefit (expense)		(605)	229	212
Income before increase in equity in undistributed earnings of subsidiary		11,021	6,105	4,319
Increase in equity in undistributed earnings of subsidiary		3,484	5,119	4,827
Net Income		14,505	11,224	9,146
Less preferred stock dividends		(384)	(394)	(713)
Income Available to Common Shareholders		$ 14,121	$ 10,830	$ 8,433

Condensed Parent Company Info91

Condensed Parent Company Information, Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities [Abstract]
Net income	$ 14,505	$ 11,224	$ 9,146
Adjustments to reconcile net income to net cash provided by operating activities [Abstract]
Gain on sale of securities	(3,300)	(295)	(1,571)
Net cash provided by operating activities	17,215	16,790	17,166
Cash flows from investing activities [Abstract]
Proceeds from maturities, calls and sales of AFS securities	723,249	535,167	626,433
Funds Invested in AFS securities	(650,698)	(538,209)	(533,320)
Net cash provided by (used in) investing activities	47,207	(94,985)	(78,104)
Cash flows from financing activities [Abstract]
Proceeds from long-term debt, net of costs	24,969	1,555	0
Repayment of long-term debt	(600)	(600)	(600)
Proceeds from junior subordinated debentures, net of costs	14,597	0	0
Issuance of common stock, net of costs	9,344	0	0
Redemption of preferred stock	(39,435)	0	0
Dividends paid	(4,631)	(4,421)	(4,740)
Net cash (used in) provided by financing activities	(71,725)	61,286	36,189
Net decrease in cash and cash equivalents	(7,303)	(16,909)	(24,749)
Cash and cash equivalents at the beginning of the period	44,575	61,484	86,233
Cash and cash equivalents at the end of the period	37,272	44,575	61,484
First Guaranty Bancshares, Inc. [Member]
Cash flows from operating activities [Abstract]
Net income	14,505	11,224	9,146
Adjustments to reconcile net income to net cash provided by operating activities [Abstract]
Increase in equity in undistributed earnings of subsidiary	(3,484)	(5,119)	(4,827)
Gain on sale of securities	(2,652)	0	0
Net change in other liabilities	(28)	55	2
Net change in other assets	396	(3,383)	161
Net cash provided by operating activities	8,737	2,777	4,482
Cash flows from investing activities [Abstract]
Proceeds from maturities, calls and sales of AFS securities	4,152	0	0
Funds Invested in AFS securities	(10)	(5)	0
Net cash provided by (used in) investing activities	4,142	(5)	0
Cash flows from financing activities [Abstract]
Proceeds from long-term debt, net of costs	24,969	2,555	0
Repayment of long-term debt	(1,584)	(616)	(600)
Proceeds from junior subordinated debentures, net of costs	14,597	0	0
Issuance of common stock, net of costs	9,344	0	0
Redemption of preferred stock	(39,435)	0	0
Dividends paid	(4,631)	(4,421)	(4,740)
Net cash (used in) provided by financing activities	3,260	(2,482)	(5,340)
Net decrease in cash and cash equivalents	16,139	290	(858)
Cash and cash equivalents at the beginning of the period	723	433	1,291
Cash and cash equivalents at the end of the period	$ 16,862	$ 723	$ 433