First Guaranty Bancshares, Inc.

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.

First Guaranty Bancshares, Inc. reported a net income of $3.4 million for Q2 2026, a significant turnaround from a net loss of $(7.3) million in Q2 2025. Earnings per common share were $0.17, up from $(0.61) in the prior year. The company also announced a strategic agreement to sell its Texas operations, consisting of approximately $227 million in deposits and $93 million in loans, expected to close on July 31, 2026. Management highlighted progress in reducing non-performing and criticized assets, with nonaccrual loans decreasing by $19.0 million.

First Guaranty Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the company's outstanding common stock. The dividend is scheduled to be paid on June 30, 2026, to shareholders who are on record as of June 26, 2026. This declaration continues a long-standing tradition, marking the 132nd consecutive quarterly dividend issued to common shareholders.

First Guaranty Bancshares, Inc. reported a net income of $2.7 million for the first quarter of 2026, a significant improvement from a loss in the prior year. The company achieved earnings of $0.14 per common share and reduced non-performing assets by $12.0 million. Management emphasized progress in strengthening earnings, improving capital ratios, and reducing balance sheet risk through strategic loan and deposit reductions.

First Guaranty Bank, a subsidiary of First Guaranty Bancshares, Inc., purchased three properties from FGB Partners, LLC for an aggregate cash price of $14,770,000. This transaction, which occurred on April 29, 2026, resulted in the termination of the absolute net lease agreements that the Bank had with FGB Partners. The properties, which include two branches and part of the headquarters, were initially part of a sale-leaseback transaction in June 2024, and FGB Partners is owned by related parties.

First Guaranty Bancshares, Inc. announced that its Board of Directors declared a quarterly distribution of $0.421875 per depositary share. This distribution, stemming from a $16.875 per share dividend on its 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, will be paid on June 1, 2026. Holders of record as of May 15, 2026, will be eligible to receive the distribution.

First Guaranty Bancshares, Inc. announced its Q1 2026 financial results, reporting net income of $2.7 million, a significant increase from a $(6.2) million loss in Q1 2025. Earnings per common share were $0.14, up from $(0.54) in the prior year. The company successfully reduced non-performing assets by $12.0 million and improved its bank risk-weighted capital ratio to 14.71%. While total assets, loans, and deposits decreased, the company generated positive earnings for common shareholders and increased retained earnings.