---
schema_version: "secwatch.filing_event.v1"
accession: "0001408534-25-000063"
form_type: "8-K"
ticker: "FGBI"
cik: "0001408534"
company_name: "First Guaranty Bancshares, Inc."
filed_at: "2025-08-01T23:59:59+00:00"
generated_at: "2026-05-17T21:47:38.530325+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FGBI posts $5.8M Q2 net loss; provision for credit losses surges to $14.7M

## Summary
- Net loss of $5.8M ($0.50 per share) vs net income of $7.2M ($0.53) in Q2 2024.
- Provision for credit losses was $14.7M, up from $6.8M a year ago; allowance at 2.36% of loans.
- Nonaccrual loans $119.2M at June 30; largest 6 relationships comprise 75% of NPAs.
- Loan portfolio shrunk 10.5% YTD to $2.41B as part of CRE de-risking strategy.
- Dividend cut to $0.01/share from $0.16; book value fell to $15.31 from $17.75.

## SEC filing metadata
- accession: 0001408534-25-000063
- form_type: 8-K
- ticker: FGBI
- cik: 0001408534
- company_name: First Guaranty Bancshares, Inc.
- filed_at: 2025-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408534/000140853425000063/0001408534-25-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408534/000140853425000063/fgbi-20250731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408534-25-000063
- JSON: https://secwatch.observer/filing/0001408534-25-000063.json
- Plain text: https://secwatch.observer/filing/0001408534-25-000063.txt

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