{"schema_version":"secwatch.filing_event.v1","accession":"0001408534-24-000060","form_type":"8-K","ticker":"FGBI","cik":"0001408534","company_name":"First Guaranty Bancshares, Inc.","filed_at":"2024-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.944015+00:00","generated_at":"2026-05-31T23:58:07.295143+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First Guaranty Bancshares sells three bank branches for $15M in sale-leaseback with related parties","bullets":["Sold three Louisiana properties to FGB Partners (owned by three directors/Chairman) for $15M cash.","Bank entered 15-year absolute net leases; no branches closing or market exits.","Transaction yields pre-tax gain of $13.2M ($10.4M after tax).","First full-year rent expense estimated at $1.3M pre-tax ($1.0M after tax).","Leases include 5-year CPI rent adjustments with 3% floor and standard net lease obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001408534-24-000060","json":"https://secwatch.observer/filing/0001408534-24-000060.json","markdown":"https://secwatch.observer/filing/0001408534-24-000060.md","text":"https://secwatch.observer/filing/0001408534-24-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1408534/000140853424000060/0001408534-24-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1408534/000140853424000060/fgbi-20240628.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T23:58:07.295143+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}