---
schema_version: "secwatch.filing_event.v1"
accession: "0001408534-25-000045"
form_type: "8-K"
ticker: "FGBI"
cik: "0001408534"
company_name: "First Guaranty Bancshares, Inc."
filed_at: "2025-06-09T23:59:59+00:00"
generated_at: "2026-05-19T16:58:05.484837+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001408534-25-000045
- form_type: 8-K
- ticker: FGBI
- cik: 0001408534
- company_name: First Guaranty Bancshares, Inc.
- filed_at: 2025-06-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408534/000140853425000045/0001408534-25-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408534/000140853425000045/fgbi-20250604.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408534-25-000045
- JSON: https://secwatch.observer/filing/0001408534-25-000045.json
- Plain text: https://secwatch.observer/filing/0001408534-25-000045.txt

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