---
schema_version: "secwatch.filing_event.v1"
accession: "0001408534-26-000010"
form_type: "8-K"
ticker: "FGBI"
cik: "0001408534"
company_name: "First Guaranty Bancshares, Inc."
filed_at: "2026-03-10T23:59:59+00:00"
generated_at: "2026-05-15T15:53:19.301824+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Guaranty Bancshares to sell Texas branches to Armstrong Bank for ~$270M deposits, $110M loans

## Summary
- Sale of five Texas branches (four in Dallas-Fort Worth metroplex, one in Waco) to Armstrong Bank.
- Transaction includes ~$270M in deposits and ~$110M in loans with a 7.65% deposit premium.
- Expected to increase First Guaranty Bank's Tier 1 leverage ratio by approximately 100 bps.
- Transaction approved by both boards; expected to close in Q3 2026 subject to customary conditions.

## SEC filing metadata
- accession: 0001408534-26-000010
- form_type: 8-K
- ticker: FGBI
- cik: 0001408534
- company_name: First Guaranty Bancshares, Inc.
- filed_at: 2026-03-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408534/000140853426000010/0001408534-26-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408534/000140853426000010/fgbi-20260310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408534-26-000010
- JSON: https://secwatch.observer/filing/0001408534-26-000010.json
- Plain text: https://secwatch.observer/filing/0001408534-26-000010.txt

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