First Gty Bancsh SEC Filings

Robert W. Walker, a director of First Guaranty Bancshares, Inc. (ticker FGBI), reported an open-market purchase of 3,750 shares of the issuer's common stock on 08/28/2025 at a weighted average price of $7.97 per share. After the transaction Mr. Walker beneficially owned 31,276 shares. The Form 4 shows no derivative transactions and includes an explanatory note that the trade executed in multiple trades at prices ranging from $7.96 to $7.98; the form is signed and dated 08/29/2025.

Robert W. Walker, a director of First Guaranty Bancshares, Inc. (ticker FGBI), reported two open-market purchases of the issuer's common stock. On 08/26/2025 he reported an acquisition (code "L") of 94 shares at a price shown as $7.87. On 08/27/2025 he reported a purchase (code "P") of 3,800 shares at a weighted average price of $8.05, bringing his total beneficial ownership to 27,526 shares, held directly. The filer states the 08/27/2025 transaction was executed in multiple trades at prices ranging from $7.95 to $8.05 and that the reported $8.05 reflects the weighted average sale price. The Form 4 is signed by Robert W. Walker on 08/28/2025.

Robert W. Walker, a director of First Guaranty Bancshares, Inc. (FGBI), reported three non-derivative purchases of the issuer's common stock in August 2025. On 08/07/2025 he acquired 700 shares at an average price of $8.06. On 08/08/2025 he acquired 232 shares at $8.07. On 08/25/2025 he acquired 4,700 shares at a weighted average price of $7.84, executed in multiple trades priced between $7.83 and $7.84. Following these reported transactions, Mr. Walker beneficially owned 23,632 shares of common stock. The Form 4 is signed and dated 08/27/2025. The filing lists the reporting person's address in Hammond, LA, and indicates the filer is a director filing individually.

First Guaranty Bancshares reported a net loss of $(7.3) million for the quarter and $(13.5) million for the six months ended June 30, 2025, driven primarily by a substantially higher provision for credit losses totaling $16.6 million for the quarter and $31.2 million year-to-date (including a subsequent $1.9 million additional provision). The allowance for credit losses rose to $58.9 million, or 2.44% of loans.

The company continued shrinking loan exposure as part of a risk-reduction strategy: total loans fell to $2.41 billion and total assets were $4.0 billion. Investment securities increased to $719.7 million. Shareholders' equity rose to $263.1 million largely from conversion of subordinated debt and private placement common stock, while retained earnings declined to $58.1 million. Management disclosed a material weakness in internal controls over loan operations and remediation steps are underway.

First Guaranty Bancshares, Inc. notified the SEC that it cannot timely file its Quarterly Report for the period ended June 30, 2025 because it is evaluating information about an event that occurred after quarter end. The company says it is determining whether that information will materially affect financial statements and therefore cannot file without unreasonable effort. The filing indicates all other required periodic reports for the prior 12 months have been filed and the company does not anticipate a significant change in results.