First Guaranty Bancshares defers principal payments, allows stock interest payments for four quarters

First Guaranty Bancshares, Inc.

Waived $1,007,812.50 quarterly principal payments on Promissory Note for June 2025 through March 2026.
Interest due from June 2025 to March 2026 on both notes can be paid in cash or common stock at company's option.
Subordinated Note interest payment frequency changed from monthly to quarterly.
Amendments with Smith & Tate Investment, entity controlled by director/principal shareholder Edgar Ray Smith III.
All other terms of notes remain unchanged.

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