Quarterly ResultJul 31, 2026, 04:32 PM
First Guaranty Bancshares Q2 Net Income $3.4M; EPS $0.17
AI Summary
First Guaranty Bancshares, Inc. reported net income of $3.4 million for the second quarter of 2026, marking its third consecutive quarter of positive earnings. Earnings per common share rose to $0.17. The company strengthened its balance sheet, with a Total Risk-Based Capital Ratio exceeding 16% and a reduction in balance sheet risk, while continuing to invest in operational efficiency.
Key Highlights
- Net income totaled $3.4 million for Q2 2026.
- Earnings per common share increased to $0.17 for Q2 2026.
- Total Risk-Based Capital Ratio exceeded 16% at June 30, 2026.
- Total assets were $3.9 billion and total deposits were $3.5 billion.
- Total loans were $1.8 billion at June 30, 2026.
- Allowance for credit losses was 1.94% of total loans.
- Shareholders' equity was $227.4 million at June 30, 2026.
- Commercial real estate concentration was 254.4% of total bank capital.
Price Impact
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