On October 16, 2014, First Guaranty Bancshares, Inc. announced that Edgar R. Smith III has been appointed to the board of directors of the company, effective October 16, 2014. Mr. Smith is a member of the board of directors of the bank since February 2007. Mr. Smith has been appointed to the Audit Committee and is expected to be appointed to the Compensation Committee and the Nominating and Corporate Governance Committee of the Board of Directors of the company.