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First Guaranty Bank
First Guaranty Bank (FGB) is a bank based in Hammond, Louisiana. It is the primary subsidiary of First Guaranty Bancshares, Inc., a bank holding company. The bank operates 21 branches. History The bank was founded in Hammond, Louisiana in 1934 as Guaranty Bank & Trust Company. In 1971, the bank was renamed First Guaranty Bank. In 1999, the bank acquired 13 branches from Bank One. In 2007, the company acquired Homestead Bancorp, Inc. for $13 million in cash. It also acquired Douglass National Bank of Kansas City. On September 22, 2011, the bank exited its participation in the Troubled Asset Relief Program by repurchasing securities from the United States Treasury for $21.1 million. In 2017, the company acquired Premier Bancshares for $21 million in cash and stock. In August 2019, the bank's holding company entered into a deal to purchase the holding company of The Union Bank of Marksville, Louisiana for $43 million. When completed late in 2019, the acquisition will inc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Banker
''American Banker'' is a Manhattan-based trade publication covering the financial services industry. Originally a daily newspaper, the print edition ceased publication in 2016, with an online edition continuing to be updated. The first issue of ''American Banker'' was published in 1885, though it has been considered a continuation of the earlier ''Thompson's Bank Note Reporter'', a bank note reporter which began publication in 1842. Although often confused with the American Bankers Association or other industry trade groups, ''American Banker'' is unaffiliated with any portion of the banking industry. History ''American Banker'' claims descent from ''Thompson's Bank Note Reporter'', a periodical published by John Thompson. For this reason, ''American Banker''s masthead gives a founding date of 1836, though the best available evidence suggests that Johnson's paper began publication in 1842. During the free banking era, ''Thompson's Bank Reporter'' was the most widely read and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Nasdaq
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In Louisiana
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1934 Establishments In Louisiana
Events January–February * January 1 – The International Telecommunication Union, a specialist agency of the League of Nations, is established. * January 15 – The 8.0 1934 Nepal–Bihar earthquake, Nepal–Bihar earthquake strikes Nepal and Bihar with a maximum Mercalli intensity scale, Mercalli intensity of XI (''Extreme''), killing an estimated 6,000–10,700 people. * January 26 – A 10-year German–Polish declaration of non-aggression is signed by Nazi Germany and the Second Polish Republic. * January 30 ** In Nazi Germany, the political power of federal states such as Prussia is substantially abolished, by the "Law on the Reconstruction of the Reich" (''Gesetz über den Neuaufbau des Reiches''). ** Franklin D. Roosevelt, President of the United States, signs the Gold Reserve Act: all gold held in the Federal Reserve is to be surrendered to the United States Department of the Treasury; immediately following, the President raises the statutory gold price from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nikole Hannah-Jones
Nikole Sheri Hannah-Jones (born April 9, 1976) is an American investigative journalist, known for her coverage of civil rights in the United States. In April 2015, she became a staff writer for ''The New York Times.'' In 2017 she was awarded a MacArthur Fellowship and in 2020 she won the Pulitzer Prize for Commentary for her work on the controversial ''1619 Project''. Hannah-Jones is the inaugural Knight Chair in Race and Journalism at the Howard University School of Communications, where she also founded the Center for Journalism and Democracy. Early life Hannah-Jones was born in Waterloo, Iowa, to father Milton Hannah, who is African-American, and mother Cheryl A. Novotny, who is white and of Czech and English descent. Hannah-Jones is the second of three girls. She was raised Catholic. Hannah-Jones and her sister attended almost all-white schools as part of a voluntary program of desegregation busing. She attended Waterloo West High School, where she wrote for the high school ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baton Rouge
Baton Rouge ( ; ) is a city in and the capital of the U.S. state of Louisiana Louisiana , group=pronunciation (French: ''La Louisiane'') is a state in the Deep South and South Central regions of the United States. It is the 20th-smallest by area and the 25th most populous of the 50 U.S. states. Louisiana is borde .... Located the eastern bank of the Mississippi River, it is the county seat, parish seat of East Baton Rouge Parish, Louisiana, East Baton Rouge Parish, Louisiana's most populous List of parishes in Louisiana, parish—the equivalent of counties in other U.S. states. Since 2020, it has been the List of United States cities by population, 99th-most-populous city in the United States and the List of municipalities in Louisiana, second-largest city in Louisiana, after New Orleans; Baton Rouge is the List of capitals in the United States, 18th-most-populous state capital. According to the 2020 United States census, the city-proper had a population of 227,470; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Advocate (Louisiana)
''The Advocate'' is Louisiana's largest daily newspaper. Based in Baton Rouge, it serves the southern portion of the state. Separate editions for New Orleans, '' The Times-Picayune The New Orleans Advocate'', and for Acadiana, ''The Acadiana Advocate'', are published. It also publishes ''gambit'', about New Orleans food, culture, events, and news, and weekly entertainment magazines: ''Red'' in Baton Rouge and Lafayette, and ''Beaucoup'' in New Orleans. History The oldest ancestor of the modern paper was the ''Democratic Advocate'', an anti- Whig, pro-Democrat periodical established in 1842. Another newspaper, the ''Louisiana Capitolian'', was established in 1868 and soon merged with the then-named ''Weekly Advocate''. By 1889 the paper was being published daily. In 1904, a new owner, William Hamilton, renamed it ''The Baton Rouge Times'' and later ''The State-Times'', a paper with emphasis on local news. In 1909, ''The State-Times'' was acquired by Capital City Press, a co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marksville, Louisiana
Marksville is a small city in and the parish seat of Avoyelles Parish, Louisiana, Avoyelles Parish, Louisiana, United States. The population was 5,702 at the 2010 United States Census, 2010 census, an increase of 165 over the 2000 tabulation of 5,537. Louisiana's first land-based casino, Paragon Casino Resort, opened in Marksville in June 1994. It is operated by the federally recognized Tunica-Biloxi Indian Tribe, which has a reservation in the parish. History The land where Marksville was founded on was once a meeting place, leading to the present day Marksville Prehistoric Indian Site. Marksville is named after Marc Eliche (Marco Litche or Marco de Élitxe, as recorded by the Spanish), a Venetian Jew who established a trading post after his wagon broke down in this area. He was a Sephardic Jewish trader believed to be from Venice. His Italian name was recorded by a Spanish priest as ''Marco Litche;'' French priests, who were with colonists, recorded his name as ''Marc Eliche'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The departm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Troubled Asset Relief Program
The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President George Bush. It was a component of the government's measures in 2009 to address the subprime mortgage crisis. The TARP originally authorized expenditures of $700 billion. The Emergency Economic Stabilization Act of 2008 created the TARP. The Dodd–Frank Wall Street Reform and Consumer Protection Act, signed into law in 2010, reduced the amount authorized to $475 billion. By October 11, 2012, the Congressional Budget Office (CBO) stated that total disbursements would be $431 billion, and estimated the total cost, including grants for mortgage programs that have not yet been made, would be $24 billion. On December 19, 2014, the U.S. Treasury sold its remaining holdings of Ally Financial, essentially ending the program. Purpose TARP allowed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
