---
schema_version: "secwatch.filing_event.v1"
accession: "0001408534-24-000087"
form_type: "8-K"
ticker: "FGBI"
cik: "0001408534"
company_name: "First Guaranty Bancshares, Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:10:19.973125+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Guaranty Bancshares Q3 net income $1.93M, EPS $0.11; dividend cut to $0.08

## Summary
- Q3 2024 net income $1.927M ($0.11 per common share) vs $1.772M ($0.10) a year ago.
- Net interest income $22.698M; provision for credit losses surged to $4.904M from $0.627M.
- Quarterly cash dividend cut to $0.08 per share from $0.16 in Q3 2023.
- YTD net income $11.438M ($0.78 EPS) vs $7.916M ($0.56); book value per common share $17.86.
- Total assets $3.924B, up 15% YoY; loans $2.770B, deposits $3.430B.

## SEC filing metadata
- accession: 0001408534-24-000087
- form_type: 8-K
- ticker: FGBI
- cik: 0001408534
- company_name: First Guaranty Bancshares, Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408534/000140853424000087/0001408534-24-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408534/000140853424000087/fgbi-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408534-24-000087
- JSON: https://secwatch.observer/filing/0001408534-24-000087.json
- Plain text: https://secwatch.observer/filing/0001408534-24-000087.txt

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