---
schema_version: "secwatch.filing_event.v1"
accession: "0001408534-25-000084"
form_type: "8-K"
ticker: "FGBI"
cik: "0001408534"
company_name: "First Guaranty Bancshares, Inc."
filed_at: "2025-10-31T23:59:59+00:00"
generated_at: "2026-05-17T01:05:20.413737+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# First Guaranty Bancshares Q3 2025 net loss $45M on $47.9M credit provision and $12.9M goodwill impairment

## Summary
- Net loss of $45.0M vs. net income of $1.9M in Q3 2024; EPS loss of $(3.01) vs. $0.11.
- Provision for credit losses surged to $47.9M, including $39.8M related to one commercial lease relationship tied to a bankrupt auto parts manufacturer.
- Goodwill impairment charge of $12.9M due to stock price below book value and higher credit provisions; no impact on regulatory capital.
- Total loans fell $414M (15.4%) to $2.3B; deposits down $121.4M to $3.4B vs. Dec 31, 2024.
- Dividend cut to $0.01 per common share (from $0.08) to preserve capital; CEO cites proactive reserving and improved risk-based capital ratio of 12.34%.

## SEC filing metadata
- accession: 0001408534-25-000084
- form_type: 8-K
- ticker: FGBI
- cik: 0001408534
- company_name: First Guaranty Bancshares, Inc.
- filed_at: 2025-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408534/000140853425000084/0001408534-25-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408534/000140853425000084/fgbi-20251031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408534-25-000084
- JSON: https://secwatch.observer/filing/0001408534-25-000084.json
- Plain text: https://secwatch.observer/filing/0001408534-25-000084.txt

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