{"schema_version":"secwatch.filing_event.v1","accession":"0001408534-25-000006","form_type":"8-K","ticker":"FGBI","cik":"0001408534","company_name":"First Guaranty Bancshares, Inc.","filed_at":"2025-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.544071+00:00","generated_at":"2026-05-27T05:13:44.015734+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"FGBI Q4 net income down 22.5% YoY; nonaccrual loans surge to $108.5M","bullets":["Q4 net income $1.0M ($0.03 EPS) vs $1.3M ($0.06 EPS) in Q4 2023.","Nonaccrual loans jumped to $108.5M at Dec 31, vs $25.2M a year earlier; largest 6 relationships comprise 76% of nonperformers.","Provision for credit losses was $6.0M in Q4 vs $2.2M a year ago; full-year charge-offs $18.6M vs $6.0M.","Net interest margin narrowed to 2.32% in Q4 from 2.53% a year ago; loan balances declined $54.9M YoY.","Quarterly common dividend cut to $0.01 from $0.16 in Q4 2023; assets grew to $4.0B."],"urls":{"canonical":"https://secwatch.observer/filing/0001408534-25-000006","json":"https://secwatch.observer/filing/0001408534-25-000006.json","markdown":"https://secwatch.observer/filing/0001408534-25-000006.md","text":"https://secwatch.observer/filing/0001408534-25-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1408534/000140853425000006/0001408534-25-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1408534/000140853425000006/fgbi-20250130.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T05:13:44.015734+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"}