First Guaranty Bancshares (NASDAQ: FGBI) reported second quarter 2026 net income of $3.4 million, or $0.17 per common share, up from $0.14 in the first quarter of 2026 and $0.12 in the fourth quarter of 2025. Net income available to common shareholders was $2.8 million.
According to First Guaranty, nonaccrual loans fell $19.0 million to $40.6 million from $59.6 million at December 31, 2025, reflecting reduced problem credits. The balance sheet at June 30, 2026 included $3.9 billion in total assets, $1.8 billion in total loans, and $3.5 billion in total deposits.
Shareholders’ equity was $227.4 million, translating to a book value per common share of $11.75. The bank’s total capital ratio improved to more than 16% at June 30, 2026. Management highlighted ongoing efforts to lower balance sheet risk, reduce non-performing and criticized assets, and diversify the loan portfolio while supporting earnings and capital growth.
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Positive
EPS growth to $0.17 in Q2 2026 from $0.14 in Q1 2026 and $0.12 in Q4 2025
Nonaccrual loans reduced by $19.0 million to $40.6 million versus December 31, 2025
Total capital ratio improved to more than 16% at June 30, 2026
Shareholders’ equity of $227.4 million; book value per share of $11.75
Negative
None.
Market Context
Recent insider activity was Net Buying, with 401999 shares bought and none sold during the analyzed ...
Analysis
Recent insider activity was Net Buying, with 401999 shares bought and none sold during the analyzed period. That context supports monitoring the earnings report alongside the sole historical earnings comparison and its 3.86% reaction.
Key Figures
Net Income:$3.4 millionEarnings Per Share:$0.17 per common shareCommon Net Income:$2.8 million+4 more
7 metrics
Net Income$3.4 millionSecond quarter 2026
Earnings Per Share$0.17 per common shareSecond quarter 2026; versus $0.14 in Q1 2026 and $0.12 in Q4 2025
Common Net Income$2.8 millionNet income available to common shareholders, Q2 2026
Nonaccrual Loans$40.6 millionDecreased $19.0 million from $59.6 million at December 31, 2025
Reported Q3 2024 income growth, higher assets and deposits, and maintained dividend streak.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
The sole tag-matched earnings event was followed by a positive 3.86% reaction, aligned with the current quarter's reported earnings improvement.
Key Terms
nonaccrual loans, book value per common share, total capital ratio, criticized assets
4 terms
nonaccrual loansfinancial
"Nonaccrual loans decreased $19.0 million to $40.6 million"
Nonaccrual loans are loans a lender has stopped counting toward interest income because the borrower is overdue or unlikely to pay; the lender only records cash payments received and may set aside extra funds to cover potential losses. For investors, a rising number or amount of nonaccrual loans signals weaker credit quality, lower future interest revenue and larger potential write-downs — similar to pausing expected subscription income when many customers stop paying.
book value per common sharefinancial
"book value per common share of $11.75"
The amount of a company’s net worth that is allocable to each common share, calculated by taking the company’s total assets minus its liabilities and dividing that net figure by the number of common shares outstanding. Investors use it as a back‑of‑the‑envelope measure of what each share would be worth if the company’s assets were converted to cash and debts paid; it’s especially useful for spotting stocks that may be cheap relative to their underlying assets, much like checking the estimated resale value of a house per room.
total capital ratiofinancial
"Bank total capital ratio improved to more than 16%"
The total capital ratio measures a bank’s financial cushion by comparing the capital it holds (money that can absorb losses) to the size of its assets after those assets are adjusted for how risky they are. For investors, it signals how well a bank can withstand losses and continue operating—think of it as the thickness of an insurer’s safety net relative to the weight of what it’s protecting; higher ratios generally mean lower risk.
criticized assetsfinancial
"reducing our non-performing and criticized assets"
Assets that a lender or regulator has flagged as showing signs of credit weakness or increased risk of loss, but that have not yet been classified as nonperforming or charged off. Think of them like loans or investments with warning lights—they need closer monitoring and may require higher loan-loss reserves or corrective action, so their presence can signal future earnings volatility, higher provisions, or potential capital strain for a financial institution.
HAMMOND, La., July 28, 2026 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, reported net income of $3.4 million, or $0.17 per common share, for the second quarter ended June 30, 2026, compared to $0.14 per common share for first quarter ended March 31, 2026, and $0.12 per common share for the fourth quarter ended December 31, 2025.
SECOND QUARTER 2026 HIGHLIGHTS
Net income of $3.4 million; Net income available to common shareholders of $2.8 million.
Nonaccrual loans decreased $19.0 million to $40.6 million from $59.6 million at December 31, 2025.
Total assets of $3.9 billion; total loans of $1.8 billion; total deposits of $3.5 billion.
Shareholders’ equity of $227.4 million; book value per common share of $11.75.
Bank total capital ratio improved to more than 16% at June 30, 2026.
“We continue to move forward with our business strategy to reduce balance sheet risk, improve earnings, and grow capital. By improving our bank Total Capital ratio to over 16% at June 30, 2026, we have come a long way in managing credit risk. We are actively reducing our non-performing and criticized assets and building a more diversified loan portfolio,” said Michael R. Mineer, President and Chief Executive Officer of First Guaranty.
About First Guaranty Bancshares, Inc.: First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, a Louisiana state-chartered bank. Founded in 1934, First Guaranty Bank offers a wide range of financial services and focuses on building client relationships and providing exceptional customer service. First Guaranty Bank currently operates thirty locations throughout Louisiana, Texas, Kentucky and West Virginia. First Guaranty’s common stock trades on the NASDAQ under the symbol FGBI. For more information, visit www.fgb.net.
Forward Looking Statements: This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact which represent our current judgement about possible future events. We believe these judgements are reasonable, but these statements are not guarantees of any future events or financial results, and our actual results may differ materially due to a variety of factors, many of which are described in our most recent Annual Report on Form 10-K and our other filings with the U.S. Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or otherwise revise any forward-looking statements.
CONTACT: ERIC DOSCH, CFO
985.375.0308
FAQ
What were First Guaranty Bancshares (NASDAQ: FGBI) earnings for Q2 2026?
First Guaranty reported Q2 2026 net income of $3.4 million, or $0.17 per common share. According to First Guaranty, this compares with $0.14 per share in Q1 2026 and $0.12 per share in Q4 2025, indicating sequential EPS improvement.
How did FGBI’s nonaccrual loans change by June 30, 2026?
Nonaccrual loans decreased to $40.6 million at June 30, 2026. According to First Guaranty, this represents a $19.0 million reduction from $59.6 million at December 31, 2025, reflecting progress in reducing non-performing and criticized assets on the balance sheet.
What was First Guaranty Bancshares’ capital ratio at the end of Q2 2026?
The bank’s total capital ratio was reported at more than 16% as of June 30, 2026. According to First Guaranty, this improvement supports its strategy to reduce balance sheet risk, manage credit exposure, and grow capital while maintaining regulatory capital strength.
What are First Guaranty Bancshares’ key balance sheet figures for June 30, 2026?
At June 30, 2026, First Guaranty reported $3.9 billion in total assets, $1.8 billion in total loans, and $3.5 billion in total deposits. According to First Guaranty, shareholders’ equity was $227.4 million, with book value per common share of $11.75.
How did Q2 2026 EPS for FGBI compare with recent quarters?
Q2 2026 EPS was $0.17 per common share, above recent quarters. According to First Guaranty, EPS was $0.14 for the first quarter ended March 31, 2026, and $0.12 for the fourth quarter ended December 31, 2025, indicating sequential earnings per share gains.
What strategy is First Guaranty Bancshares following in 2026 to manage risk and earnings?
First Guaranty is focusing on reducing balance sheet risk, improving earnings, and growing capital. According to First Guaranty, initiatives include lowering non-performing and criticized assets, improving its bank total capital ratio above 16%, and building a more diversified loan portfolio.
