---
schema_version: "secwatch.filing_event.v1"
accession: "0001408534-24-000070"
form_type: "8-K"
ticker: "FGBI"
cik: "0001408534"
company_name: "First Guaranty Bancshares, Inc."
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:21:22.209204+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Guaranty Bancshares Q2 net income $7.2M, EPS $0.53 vs $0.19 YoY; gain on asset sale boosts results

## Summary
- Q2 2024 net income $7.2M ($0.53 EPS) vs $2.7M ($0.19 EPS) in Q2 2023; YTD net income $9.5M.
- Net interest income $21.2M, up 1.6% YoY; provision for credit losses surged to $6.8M from $0.5M.
- Noninterest income $15.5M including $13.2M gain on sale of assets vs $2.8M in prior-year quarter.
- Total assets $3.6B, deposits $3.0B; book value per common share $17.76 vs $18.00 a year ago.
- Quarterly cash dividend maintained at $0.16/share; 124 consecutive dividends paid.

## SEC filing metadata
- accession: 0001408534-24-000070
- form_type: 8-K
- ticker: FGBI
- cik: 0001408534
- company_name: First Guaranty Bancshares, Inc.
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408534/000140853424000070/0001408534-24-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408534/000140853424000070/fgbi-20240809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408534-24-000070
- JSON: https://secwatch.observer/filing/0001408534-24-000070.json
- Plain text: https://secwatch.observer/filing/0001408534-24-000070.txt

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