Every material Form 8-K First Guaranty Bancshares, Inc. has filed with the SEC since October 27, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
First Guaranty Bancshares reported third-quarter 2026 net income of $12.0 million, or $0.69 per common share, compared with a net loss of $45.0 million, or $3.01 per share, a year earlier. The company said it completed the sale of its Texas operations, and its Tier 1 leverage ratio improved to 8.29%, which matters to shareholders because it reflects a stronger capital position after a loss-heavy 2025 quarter.
Q3 2026 net income of $12.0 million versus a $45.0 million net loss in Q3 2025
Q3 2026 earnings of $0.69 per common share versus a loss of $3.01 per share a year earlier
Provision for credit losses fell to $3.8 million from $47.9 million in the prior-year quarter
Total assets were $3.2 billion at September 30, 2026, down from $3.8 billion a year earlier
First Guaranty Bancshares reported third-quarter 2026 net income of $12.0 million, compared with a $45.0 million loss in the same period of 2025. Results were shaped by the July 31, 2026 sale of its Texas operations and by strategic changes made in response to a Consent Order from the FDIC and OFI, effective August 7, 2026. Net interest income fell to $17.7 million from $22.2 million, and total assets declined $925.8 million since December 31, 2025.
Q3 2026 net income was $12.0 million, or $0.69 per share, versus a loss of $(45.0) million, or $(3.01) per share, in Q3 2025.
Net interest income was $17.7 million versus $22.2 million a year earlier, and net interest margin was 2.08% versus 2.34%.
Net gains on sale of branches were $16.1 million in Q3 2026, tied to the sale of the Texas operations to Armstrong Bank.
Total assets were $3.2 billion at September 30, 2026, down from $4.1 billion at December 31, 2025; total deposits fell 21.4% over the same period.
First Guaranty Bancshares announced a quarterly distribution on its Series A preferred depositary shares, payable December 1, 2026 to holders of record as of November 15, 2026. The distribution of $0.421875 per depositary share results from a $16.875 per share quarterly cash dividend on the underlying 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The filing is a routine notice of a scheduled preferred payout and does not change common shareholder economics.
Distribution of $0.421875 per depositary share, each representing a 1/40th interest in the Series A Preferred Stock
Underlying quarterly dividend of $16.875 per share of Series A Preferred Stock
Payment date December 1, 2026; record date November 15, 2026 (Depositary Shares Record Date)
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