{"schema_version":"secwatch.filing_event.v1","accession":"0001408534-25-000038","form_type":"8-K","ticker":"FGBI","cik":"0001408534","company_name":"First Guaranty Bancshares, Inc.","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.191800+00:00","generated_at":"2026-05-21T23:18:31.823942+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":"First Guaranty Bancshares reports Q1 net loss of $6.7M; credit provision surges, dividend slashed","bullets":["Net loss to common shareholders of $6.7M ($0.54 per share) vs. $1.7M profit ($0.14) in Q1 2024.","Provision for credit losses surged to $14.5M from $2.3M; $70M loan sale added $5.8M loss to allowance.","Net interest income rose to $22.2M; business revenue after provision fell to $10.0M from $21.9M.","Non-interest expense cut to $18.0M; FTE employees reduced to 382 from 495 in June 2024.","Total risk-based capital improved to 12.74%; dividend slashed to $0.01 per share from $0.16."],"urls":{"canonical":"https://secwatch.observer/filing/0001408534-25-000038","json":"https://secwatch.observer/filing/0001408534-25-000038.json","markdown":"https://secwatch.observer/filing/0001408534-25-000038.md","text":"https://secwatch.observer/filing/0001408534-25-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1408534/000140853425000038/0001408534-25-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1408534/000140853425000038/fgbi-20250512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T23:18:31.823942+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"}