secwatch.observer — SEC 8-K summary
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Issuer:     First Guaranty Bancshares, Inc. (FGBI)
CIK:        0001408534
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001408534-23-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Guaranty reports Q1 loan interest income $38.1M; deposits $2.86B
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- Loan interest income Q1 2023 $38.15M, up from $28.04M in Q1 2022 and $35.58M in Q4 2022.
- Total deposits $2.86B at March 31, 2023, compared to $2.62B a year earlier.
- Acquisition of Lone Star Bank progressing through regulatory process; branch approved in Fate, Texas.
- CEO states company has 'moved past the worst period' of interest expense pressure.
- Paid 119th consecutive quarterly cash dividend; no per-share amount disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408534/000140853423000035/0001408534-23-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408534/000140853423000035/fgbi-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001408534-23-000035

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