First Guaranty in La. reports bigger 2Q loss from provision increase

First Guaranty Bancshares in Hammond, La., has amended its second-quarter results to reflect a larger loan-loss provision and a bigger quarterly loss.

The company disclosed in a regulatory filing that its loss widened from $5.8 million to $7.3 million. A big factor was the provision, which increased from $14.7 million to $16.6 million.

First Guaranty also amended its release to note that total assets decreased by $4 billion from the end of last year. The original release had a $1.6 million decrease.