First Guaranty Bancshares posts Q1 net income of $2.7M vs. loss of $6.2M YoY

First Guaranty Bancshares, Inc.

Net income $2.7M, EPS $0.14; compares to net loss of $6.2M, loss per share of $0.54 in Q1 2025.
Nonperforming assets reduced $12.0M to $83.5M; bank risk-weighted capital ratio improved to 14.71% from 13.48%.
Provision for credit losses $2.6M, sharply down from $14.5M a year ago; loan charge-offs $5.4M in Q1 2026.
Total loans decreased 7.0% to $1.9B; deposits down 3.5% to $3.5B as part of balance sheet de-risking.
Book value per common share fell to $11.91 from $17.21 due to large increase in shares outstanding (16.0M vs 12.7M).

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

First Guaranty Bancshares, Inc. reported 1st Quarter 2026 results: net income $2.7Million 1Q 2026 Earnings, EPS Earnings per common share were $0.14 for the first quarter of 2026..

Period: 1st Quarter 2026
Net income: $2.7Million 1Q 2026 Earnings
EPS: Earnings per common share were $0.14 for the first quarter of 2026.
Result: reported results

Exact text from the filing

On May 7, 2026, First Guaranty Bancshares, Inc. released its First Quarter 2026 Report to shareholders.

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First Guaranty Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0001408534-26-000037

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