{"schema_version":"secwatch.filing_event.v1","accession":"0001408534-24-000086","form_type":"8-K","ticker":"FGBI","cik":"0001408534","company_name":"First Guaranty Bancshares, Inc.","filed_at":"2024-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.367286+00:00","generated_at":"2026-05-30T08:10:25.130334+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First Guaranty Bancshares Q3 net income up 8.7% to $1.9M; provision and nonaccruals surge","bullets":["Q3 EPS $0.11 vs $0.10 YoY; net income $1.9M vs $1.8M. Nine-month EPS $0.78 vs $0.56, net income +44.5% to $11.4M.","Provision for credit losses jumped to $4.9M in Q3 (vs $0.6M); YTD charge-offs $13.7M vs $2.0M. ACL to loans 1.20% (Dec 2023: 1.13%).","Nonaccrual loans rose to $65.8M from $25.2M at Dec 2023, driven by a $37.0M commercial real estate relationship with a $4.1M specific reserve.","Total assets up $371M to $3.9B; deposits increased 14% to $3.4B. Loan growth modest at 0.8%.","Board declared $0.08 per share dividend; paid 125 consecutive quarterly dividends. Sale-leaseback gain of $13.2M pre-tax."],"urls":{"canonical":"https://secwatch.observer/filing/0001408534-24-000086","json":"https://secwatch.observer/filing/0001408534-24-000086.json","markdown":"https://secwatch.observer/filing/0001408534-24-000086.md","text":"https://secwatch.observer/filing/0001408534-24-000086.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1408534/000140853424000086/0001408534-24-000086-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1408534/000140853424000086/fgbi-20241030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T08:10:25.130334+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"}