{"schema_version":"secwatch.filing_event.v1","accession":"0001408534-24-000042","form_type":"8-K","ticker":"FGBI","cik":"0001408534","company_name":"First Guaranty Bancshares, Inc.","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.287133+00:00","generated_at":"2026-06-03T05:28:25.121984+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First Guaranty Bancshares Q1 2024 net income $2.31M, EPS $0.14, down 48% from Q1 2023","bullets":["Net income $2.31M vs $3.47M in Q1 2023; diluted EPS $0.14 vs $0.27.","Net interest margin compressed to 2.58% from 2.99% a year ago.","Provision for credit losses jumped to $2.30M from $0.31M, reflecting credit deterioration.","Nonperforming assets rose to $44.5M (1.25% of assets) from $41.7M at Dec 31, 2023.","Total deposits increased slightly to $3.064B, but noninterest-bearing deposits declined."],"urls":{"canonical":"https://secwatch.observer/filing/0001408534-24-000042","json":"https://secwatch.observer/filing/0001408534-24-000042.json","markdown":"https://secwatch.observer/filing/0001408534-24-000042.md","text":"https://secwatch.observer/filing/0001408534-24-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1408534/000140853424000042/0001408534-24-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1408534/000140853424000042/fgbi-20240429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:28:25.121984+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e0285f356eff9c5b2569894dcfdb4e51d89e4b4c","claim":"First Guaranty Bancshares, Inc. reported the three months ended March 31, 2024 results: net income $2.3 million, EPS $0.14 per common share.","evidence_excerpt":"First Guaranty Bancshares, Inc. issued a press release reporting its financial results at and for the three months ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1408534/000140853424000042/0001408534-24-000042-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$2.3 million"},{"label":"EPS","value":"$0.14 per common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}