secwatch.observer — SEC 8-K summary
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Issuer:     First Guaranty Bancshares, Inc. (FGBI)
CIK:        0001408534
Form:       8-K
Filed at:   2022-11-15T23:59:59+00:00
Accession:  0001408534-22-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Guaranty Bancshares Q3 2022 EPS $0.70, up from $0.67; YTD EPS $2.05 vs $1.72
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- Q3 net income $8.1M; EPS $0.70 vs $0.67 YoY. Revenue (net interest+noninterest) $27.96M vs $25.59M.
- YTD net income $23.8M; EPS $2.05 vs $1.72. Net interest income $76.7M, up 18% from $64.9M.
- Total assets $3.1B, loans $2.4B (+17% YoY), deposits $2.7B (+6%). Quarterly dividend $0.16/share (117th consecutive).
- Resilient despite Hurricane Ida relief loan losses; management tightened criteria going forward.
- Return on avg assets 1.07% YTD vs 0.92%; return on avg common equity 15.29% vs 13.55%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408534/000140853422000082/0001408534-22-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408534/000140853422000082/fgbi-20221115.htm
  HTML page:      https://secwatch.observer/filing/0001408534-22-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer