Highest-materiality recent filing
First Guaranty Bancshares posts Q1 net income of $2.7M vs. loss of $6.2M YoY
Net income $2.7M, EPS $0.14; compares to net loss of $6.2M, loss per share of $0.54 in Q1 2025.
First Guaranty Bancshares reports Q1 net income of $2.7M vs loss of $6.2M a year ago
Net income $2.7M vs $(6.2)M in Q1 2025; diluted EPS $0.14 vs $(0.54).
First Guaranty Bancshares to sell Texas branches to Armstrong Bank for ~$270M deposits, $110M loans
Sale of five Texas branches (four in Dallas-Fort Worth metroplex, one in Waco) to Armstrong Bank.
FGBI reports FY2025 net loss of $56M ($4.17/sh); Q4 net income $2.5M
Net loss of $56.0M for 2025 vs net income of $12.4M in 2024; diluted EPS loss of $4.17 vs $0.81.
First Guaranty reports Q4 net income $2.5M; FY2025 net loss $56M on $43.4M charge-offs
Q4 EPS $0.12 vs $0.03 YoY; FY2025 EPS ($4.17) vs $0.81; FY net loss $56.0M (FY2024 net income $12.4M).
First Guaranty Bancshares posts Q3 net loss of $45.0M on $47.9M credit provision
EPS loss of $3.01 vs. income of $0.11 in Q3 2024; net loss $45.0M vs. income $1.9M.
Net loss of $45.0M vs. net income of $1.9M in Q3 2024; EPS loss of $(3.01) vs. $0.11.
FGBI reports Q2 2025 net loss of $7.3M vs $7.2M net income in Q2 2024
EPS of $(0.61) per common share, down from $0.53 in Q2 2024; six-month EPS $(1.15) vs $0.67.
First Guaranty revises Q2 net loss to $7.3M; ups credit provision to $16.6M
Net loss of $7.3M vs. previously reported $5.8M; EPS loss of $0.61 vs. $0.50.
FGBI posts $5.8M Q2 net loss; provision for credit losses surges to $14.7M
Net loss of $5.8M ($0.50 per share) vs net income of $7.2M ($0.53) in Q2 2024.
First Guaranty Bancshares issues 2.2M common shares in debt-for-equity swap and private placement
Issued 1,981,506 shares to director Edgar Ray Smith III in exchange for $15M subordinated note due 2032.
First Guaranty Bancshares to exchange $15M subordinated note for 1.98M common shares
Exchange of $15M subordinated note (due 2032) held by director Edgar Ray Smith III for 1,981,506 newly issued common shares.
Waived $1,007,812.50 quarterly principal payments on Promissory Note for June 2025 through March 2026.
First Guaranty Bancshares reports Q1 net loss of $6.7M; credit provision surges, dividend slashed
Net loss to common shareholders of $6.7M ($0.54 per share) vs. $1.7M profit ($0.14) in Q1 2024.
Q1 net loss $6.2M; CRE loan sale $70M; nonaccrual loans surge to $133M; dividend cut to $0.01
Net loss of $6.2M vs net income of $2.3M YoY; diluted EPS $(0.54) vs $0.14.
First Guaranty Bancshares Q4 EPS drops 50% YoY; common dividend cut to $0.01
Q4 net income $1.01M ($0.03 common EPS) vs $1.30M ($0.06) a year ago; full year $12.45M ($0.81) vs $9.22M ($0.62).
FGBI Q4 net income down 22.5% YoY; nonaccrual loans surge to $108.5M
Q4 net income $1.0M ($0.03 EPS) vs $1.3M ($0.06 EPS) in Q4 2023.
First Guaranty Bancshares Q3 net income up 8.7% to $1.9M; provision and nonaccruals surge
Q3 EPS $0.11 vs $0.10 YoY; net income $1.9M vs $1.8M. Nine-month EPS $0.78 vs $0.56, net income +44.5% to $11.4M.
First Guaranty Bancshares Q3 net income $1.93M, EPS $0.11; dividend cut to $0.08
Q3 2024 net income $1.927M ($0.11 per common share) vs $1.772M ($0.10) a year ago.
First Guaranty cuts Q3 dividend to $0.08 from $0.16; cites strategy shift for capital accretion
Dividend cut from $0.16 to $0.08 per share for Q3 2024; expected to add $1.0M in capital accretion.
Q2 2024 net income $7.2M ($0.53 EPS) vs $2.7M ($0.19 EPS) in Q2 2023; YTD net income $9.5M.
First Guaranty cuts dividend to $0.08, reports $36.9M nonaccrual loan, 15% staff reduction
Net income $7.2M vs $2.7M YoY (EPS $0.53) boosted by $13.2M pre-tax gain from branch sale-leaseback.
First Guaranty Bancshares sells three bank branches for $15M in sale-leaseback with related parties
Sold three Louisiana properties to FGB Partners (owned by three directors/Chairman) for $15M cash.
First Guaranty Bancshares, Inc. (“First Guaranty”) elected Mr. Robert W. Walker to the Board of Directors for First Guaranty and First Guaranty Bank on March 20, 2025.
announced the appointment of Michael R. Mineer as President and Chief Executive Officer of First Guaranty and First Guaranty Bank.
the retirement of Alton Lewis
Alton Lewis will retire from his role as President and Chief Executive Officer of First Guaranty Bancshares, Inc. and First Guaranty Bank. Mr. Lewis will continue to serve as Vice Chairman of the First Guaranty Bancshares, Inc. and First Guaranty Bank Board of Directors.
Max materiality 0.95 · Median 0.47 · Most common event earnings