First Guaranty Bancshares reports Q2 net income of $3.4M vs loss of $7.3M; Texas branch sale expected July 31

First Guaranty Bancshares, Inc.

Net income of $3.4M in Q2 2026 vs loss of $7.3M in Q2 2025; EPS $0.17 vs ($0.61).
Total loans decreased 14.7% to $1.8B; nonaccrual loans down $19M to $40.6M.
Provision for credit losses fell to $2.6M from $16.6M; charge-offs rose to $7.7M from $1.1M.
Agreement to sell Texas operations to Armstrong Bank for ~$227M deposits and $93M loans; expected close July 31, 2026.
Bank Total Capital ratio improved to over 16% at June 30, 2026 from 11.28% a year earlier.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.