secwatch.observer — SEC 8-K summary
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Issuer:     First Guaranty Bancshares, Inc. (FGBI)
CIK:        0001408534
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001408534-26-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FGBI reports FY2025 net loss of $56M ($4.17/sh); Q4 net income $2.5M
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- Net loss of $56.0M for 2025 vs net income of $12.4M in 2024; diluted EPS loss of $4.17 vs $0.81.
- Q4 2025 net income of $2.5M ($0.12 EPS) vs $1.0M ($0.03 EPS) in Q4 2024; CEO notes positive common earnings of $1.9M.
- Provision for credit losses surged to $81.7M in 2025 from $20.0M in 2024; annual loan charge-offs were $77.2M.
- Total loans decreased 23.2% to $2.1B; deposits grew 4.5% to $3.6B; nonperforming assets fell to $95.5M from $126.3M at Sep 30.
- Full-year cash dividends per common share reduced to $0.04 from $0.41 in 2024; Q4 dividend unchanged at $0.01.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408534/000140853426000007/0001408534-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408534/000140853426000007/fgbi-20260220.htm
  HTML page:      https://secwatch.observer/filing/0001408534-26-000007

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