---
schema_version: "secwatch.filing_event.v1"
accession: "0001408534-23-000010"
form_type: "8-K"
ticker: "FGBI"
cik: "0001408534"
company_name: "First Guaranty Bancshares, Inc."
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:39:12.078465+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First Guaranty Bancshares Q4 net income $5.1M, EPS $0.42; full-year EPS $2.48

## Summary
- Q4 net income $5.1M ($0.42 EPS) vs $8.0M ($0.70 EPS) in Q4 2021; full-year net income $28.9M ($2.48 EPS) vs $27.3M ($2.42 EPS).
- Total assets grew 9% to $3.15B; loan portfolio increased 17% to $2.52B YoY.
- Texas capital ratio improved to 4.48% from 6.63% (lower is better); net interest margin faced pressure from rate hikes.
- Cash dividends paid $0.16 per common share in Q4, unchanged; 118 consecutive quarterly dividends.
- CEO Alton Lewis expects stronger 2023 earnings citing higher portfolio yield and ongoing Houston market expansion.

## SEC filing metadata
- accession: 0001408534-23-000010
- form_type: 8-K
- ticker: FGBI
- cik: 0001408534
- company_name: First Guaranty Bancshares, Inc.
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408534/000140853423000010/0001408534-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408534/000140853423000010/fgbi-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408534-23-000010
- JSON: https://secwatch.observer/filing/0001408534-23-000010.json
- Plain text: https://secwatch.observer/filing/0001408534-23-000010.txt

## Key facts
- Earnings Releases
  First Guaranty Bancshares, Inc. reported Fourth Quarter 2022 results: net income $5.1 Million.
  - Period: Fourth Quarter 2022
  - Net income: $5.1 Million
  - Result: reported results
  source text: and First Guaranty Bank 2022 4th Quarter Report fgb.net | Locations 36 ATMs 48 $5.1 Million 4Q 2022 Earnings $28.9 Million YTD2022 Earnings 118 Consecutive dividends paid and counting 88 Years in Banking Total Loans $2.5 Billion Member FDIC NASDAQ Symbol: FGBI Have Questions? Vanessa Drew | InvestorRelations@fgb.net We’re Social: Chairman Marshall T.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1408534/000140853423000010/0001408534-23-000010-index.htm
- Earnings Releases
  First Guaranty Bancshares, Inc. reported the year ended December 31, 2022 results: net income $28.9 Million, EPS $2.48.
  - Period: the year ended December 31, 2022
  - Net income: $28.9 Million
  - EPS: $2.48
  - Result: reported results
  source text: and First Guaranty Bank 2022 4th Quarter Report fgb.net | Locations 36 ATMs 48 $5.1 Million 4Q 2022 Earnings $28.9 Million YTD2022 Earnings 118 Consecutive dividends paid and counting 88 Years in Banking Total Loans $2.5 Billion Member FDIC NASDAQ Symbol: FGBI Have Questions? Vanessa Drew | InvestorRelations@fgb.net We’re Social: Chairman Marshall T.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1408534/000140853423000010/0001408534-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.