Welcome to our dedicated page for First Guaranty SEC filings (Ticker: FGBI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for First Guaranty Bancshares, Inc. (NASDAQ: FGBI), the Louisiana‑incorporated holding company for First Guaranty Bank. As a reporting company, First Guaranty files annual reports on Form 10‑K, quarterly reports on Form 10‑Q, and current reports on Form 8‑K, along with other required documents.
Key filings for understanding FGBI include Forms 10‑K and 10‑Q, which contain detailed financial statements, discussions of net interest income and net interest margin, loan and deposit balances, provisions for credit losses, nonaccrual loans, and other real estate owned. These reports also describe the company’s loan portfolio, including commercial real estate, commercial and industrial, construction and land development, agricultural and farmland, consumer, and multifamily lending, as well as its investment securities and capital structure.
Current reports on Form 8‑K document material events such as quarterly earnings releases, dividend declarations on common stock and on the 6.75% Series A Fixed‑Rate Non‑Cumulative Perpetual Preferred Stock (traded via depositary shares under FGBIP), and other significant corporate actions. First Guaranty has also filed a Form 12b‑25 (Notification of Late Filing) explaining a delay in filing a Form 10‑Q while it evaluated information about previously disclosed events and revised related financial information and disclosures.
On Stock Titan, these filings are updated as they are made available through EDGAR. AI‑powered summaries help explain the contents of lengthy documents, highlight important changes from prior periods, and clarify technical sections on topics such as credit quality, capital, and risk factors. Users can quickly locate Forms 10‑K, 10‑Q, and 8‑K, as well as filings related to preferred stock dividends and other corporate matters, to build a more complete view of First Guaranty Bancshares’ regulatory and financial reporting history.
First Guaranty Bancshares director and 10% owner Edgar R. Smith III, through Smith & Tate Investments, LLC, bought 138,083 shares of common stock at $7.77 per share in an open-market purchase on March 31, 2026.
After this transaction, Smith & Tate Investments, LLC held 675,349 shares indirectly for him. The Form 4 also reports 2,867,467 shares held directly in his name and additional indirect holdings through entities such as Smith-Hoover Holdings, L.L.C., MACSMITH LLC, Smith & Hood Investment, LLC, Big 4 Investments, LLC, and Smith & Hood Holding Company, LLC. A footnote explains he disclaims beneficial ownership beyond his pecuniary interest and that his indirect position includes 105,907 shares issued under recent amendments to a promissory note and a subordinated note.
First Guaranty Bancshares director and 10% owner Marshall T. Reynolds reported an open-market purchase of 32,176 shares of common stock at $7.77 per share. Following the transaction, his direct holdings total 2,025,997 shares. He also reports additional indirect holdings through affiliates, trusts, and family accounts, while disclaiming beneficial ownership beyond his pecuniary interest.
First Guaranty Bancshares, Inc. director Bruce McAnally, through the BMAC Irrevocable Asset Trust where he is trustee, bought 32,176 shares of common stock in an open-market transaction at $7.77 per share. The filing notes these shares are held jointly with his spouse.
After this purchase, the BMAC Irrevocable Asset Trust holds 332,536 shares of First Guaranty Bancshares common stock. McAnally also reports smaller additional direct and indirect holdings through a personal account, various IRAs, family trusts and an affiliated entity.
First Guaranty Bancshares, Inc. reports on its banking operations, highlighting a revised strategy centered on controlled asset growth, cost cuts and tighter risk management. At December 31, 2025, the company had $4.1 billion in total assets, $3.6 billion in deposits and $226.2 million in shareholders’ equity.
Non-performing assets were $95.5 million, representing 2.34% of total assets, elevated versus historical levels even after improving from 2024. The bank recorded a $43.4 million charge‑off on commercial leases tied to an auto parts manufacturer and is shrinking construction and land development exposure.
Management is exiting the Dallas‑Fort Worth‑Arlington and Waco Texas markets and cut staffing by 21%, reducing full‑time equivalents from 399 to 330 between year‑end 2024 and 2025. First Guaranty retains a dominant 52.3% deposit market share in the Hammond, Louisiana MSA and continues to emphasize diversified commercial, residential, agricultural and leasing activities, alongside significant public funds and brokered deposits.
First Guaranty Bancshares is changing the terms of two insider-related debt agreements with Smith & Tate Investment, L.L.C., a company controlled by director and principal shareholder Edgar Ray Smith III. The original promissory note called for thirty-nine quarterly principal installments of $1,007,812.50 plus interest, followed by a final payment in 2033.
A prior amendment temporarily waived these principal payments and allowed the company, at its option, to pay interest in cash or in shares of common stock, with share amounts based on the prior day’s consolidated closing bid price. The new Second Promissory Note Amendment extends the waiver of principal payments through the March 31, 2028 interest payment date and extends the cash-or-stock interest payment option over this same Second Modified Payment Period.
The Second Subordinated Note Amendment similarly keeps in place First Guaranty’s ability to pay interest on its floating rate subordinated note, due March 28, 2034 and tied to the Prime Rate plus 75 basis points, in either cash or common stock during the Second Modified Payment Period.
First Guaranty Bancshares, Inc. reported that its Board of Directors declared a quarterly cash dividend of $0.01 per share on its outstanding common stock on February 19, 2026. The dividend will be paid on March 31, 2026 to shareholders of record as of March 27, 2026.
This payment marks the company’s 131st consecutive quarterly dividend to common shareholders, highlighting a long-standing pattern of regular cash returns.
First Guaranty Bancshares, Inc. announced a definitive agreement for its wholly owned subsidiary, First Guaranty Bank, to sell its Texas operations to Armstrong Bank of Muskogee, Oklahoma. The deal covers five Texas branches, including four in the Dallas–Fort Worth metroplex and one in Waco, and will result in First Guaranty exiting the Texas market.
The transaction is expected to transfer approximately $270 million in deposits and $110 million in loans, and includes a 7.65% deposit premium. First Guaranty expects the sale to increase First Guaranty Bank’s Tier 1 leverage ratio by about 100 basis points, reinforcing its capital position and allowing greater focus on core markets. The transaction has been approved by both boards and is expected to close in the third quarter of 2026, subject to customary closing conditions.
First Guaranty Bancshares, Inc. reported a challenging 2025, with a net loss of $56.0 million and a loss per common share of $4.17, compared with a profit in 2024. Results were driven by heavy credit costs, including a $81.7 million provision for credit losses, $77.2 million in loan charge-offs, and a $12.9 million goodwill impairment.
Despite the full-year loss, the bank returned to profitability in the fourth quarter, earning $2.5 million in net income and $0.12 per common share. Total loans fell to $2.1 billion, down 23.2%, as management intentionally shrank the portfolio to reduce risk, while deposits rose to $3.6 billion, up 4.5%, supporting liquidity. Nonperforming assets declined from $126.3 million to $95.5 million, and the risk-weighted capital ratio improved to 13.48% as of December 31, 2025.
First Guaranty Bancshares, Inc. declared a quarterly cash dividend on its 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The dividend equals $16.875 per share of Series A Preferred Stock, or $0.421875 per depositary share, each representing a 1/40th interest in a preferred share.
The dividend will be paid on March 2, 2026 to the depositary, which will distribute it to holders of record of the depositary shares as of February 15, 2026.
First Guaranty Bancshares, Inc. filed a Form 8-K to announce that it issued a press release with its financial results for the three months and year ended December 31, 2025. The press release, dated January 28, 2026, is included as Exhibit 99.1 to the filing.
The company states that the press release is being "furnished" rather than "filed" for purposes of certain securities law provisions, meaning it is provided for informational disclosure without being incorporated into other Securities Act filings by default.