First Gty Bancsh SEC Filings

First Guaranty Bancshares, Inc. is continuing its long dividend track record by declaring a quarterly cash dividend of $0.01 per share on its common stock. The Board approved the dividend on May 21, 2026.

The dividend will be paid on June 30, 2026 to shareholders of record as of June 26, 2026. This marks the company’s 132nd consecutive quarterly dividend to common shareholders, underscoring a long history of making regular cash returns to equity holders.

First Guaranty Bancshares, Inc. reported the results of its annual shareholder meeting held on May 21, 2026. Shareholders elected all seven director nominees, with support levels generally around or above nine million votes "for" each nominee and broker non-votes of 1,706,055 on each director item.

Investors also gave advisory approval to the company’s executive compensation program, with 9,958,082 votes "for," 61,804 "against," 25,667 "abstain," and 1,706,055 broker non-votes. In addition, shareholders ratified the appointment of EisnerAmper, LLP as the independent registered public accounting firm for the year ending December 31, 2026, by 11,671,383 votes "for," 40,368 "against," and 39,857 "abstain."

First Guaranty Bancshares, Inc. reported the results of its annual shareholder meeting held on May 21, 2026. Shareholders elected all seven director nominees, with support levels generally around or above nine million votes "for" each nominee and broker non-votes of 1,706,055 on each director item.

Investors also gave advisory approval to the company’s executive compensation program, with 9,958,082 votes "for," 61,804 "against," 25,667 "abstain," and 1,706,055 broker non-votes. In addition, shareholders ratified the appointment of EisnerAmper, LLP as the independent registered public accounting firm for the year ending December 31, 2026, by 11,671,383 votes "for," 40,368 "against," and 39,857 "abstain."

First Guaranty Bancshares, Inc., through its subsidiary First Guaranty Bank, has terminated certain long-term lease agreements by buying back three previously sold bank properties. On April 29, 2026, the Bank purchased two stand-alone branches and part of its headquarters building for an aggregate cash price of $14,770,000 from FGB Partners, LLC.

The properties were originally sold to FGB Partners on June 28, 2024 in a sale-leaseback transaction, with the Bank entering into absolute net leases having initial 15-year terms and renewal options. In connection with the repurchase, these lease agreements were terminated. FGB Partners is owned by individuals who are significant shareholders and are related to members of First Guaranty’s board.

First Guaranty Bancshares, Inc., through its subsidiary First Guaranty Bank, has terminated certain long-term lease agreements by buying back three previously sold bank properties. On April 29, 2026, the Bank purchased two stand-alone branches and part of its headquarters building for an aggregate cash price of $14,770,000 from FGB Partners, LLC.

The properties were originally sold to FGB Partners on June 28, 2024 in a sale-leaseback transaction, with the Bank entering into absolute net leases having initial 15-year terms and renewal options. In connection with the repurchase, these lease agreements were terminated. FGB Partners is owned by individuals who are significant shareholders and are related to members of First Guaranty’s board.

First Guaranty Bancshares, Inc. director and ten percent owner Marshall T. Reynolds, through affiliate Reynolds Capital Partners, reported an open-market purchase of 109,051 shares of common stock on April 30, 2026 at $9.17 per share. This increased Reynolds Capital Partners’ indirect holdings to 117,551 shares of common stock. The filing also lists additional indirect holdings through several family affiliates and trusts, and direct ownership of 2,025,997 shares of common stock as of that date.

First Guaranty Bancshares, Inc. director and ten percent owner Marshall T. Reynolds, through affiliate Reynolds Capital Partners, reported an open-market purchase of 109,051 shares of common stock on April 30, 2026 at $9.17 per share. This increased Reynolds Capital Partners’ indirect holdings to 117,551 shares of common stock. The filing also lists additional indirect holdings through several family affiliates and trusts, and direct ownership of 2,025,997 shares of common stock as of that date.

First Guaranty Bancshares director-associated entity reports major share purchase. On April 30, 2026, Smith & Tate Investments, LLC, an entity associated with director and ten percent owner Edgar R. Smith III, bought 109,051 shares of First Guaranty Bancshares common stock in an open-market purchase at $9.17 per share. After this trade, Smith & Tate Investments, LLC held 784,400 shares indirectly. The filing also lists other indirect holdings through several LLCs and a separate direct holding of 2,867,467 shares. The footnote states that Smith disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

First Guaranty Bancshares director-associated entity reports major share purchase. On April 30, 2026, Smith & Tate Investments, LLC, an entity associated with director and ten percent owner Edgar R. Smith III, bought 109,051 shares of First Guaranty Bancshares common stock in an open-market purchase at $9.17 per share. After this trade, Smith & Tate Investments, LLC held 784,400 shares indirectly. The filing also lists other indirect holdings through several LLCs and a separate direct holding of 2,867,467 shares. The footnote states that Smith disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

First Guaranty Bancshares, Inc. director Bruce McAnally reported an indirect open-market purchase tied to a trust. On April 30, 2026, the BMAC Irrevocable Asset Trust, for which he is trustee, bought 109,051 shares of common stock at $9.17 per share, bringing that trust’s holdings to 441,587 shares.

The Form 4 also lists multiple indirect holdings through other trusts, retirement accounts, and an affiliate, along with 3,253 shares held directly. A footnote states that McAnally disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

First Guaranty Bancshares, Inc. director Bruce McAnally reported an indirect open-market purchase tied to a trust. On April 30, 2026, the BMAC Irrevocable Asset Trust, for which he is trustee, bought 109,051 shares of common stock at $9.17 per share, bringing that trust’s holdings to 441,587 shares.

The Form 4 also lists multiple indirect holdings through other trusts, retirement accounts, and an affiliate, along with 3,253 shares held directly. A footnote states that McAnally disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

First Guaranty Bancshares, Inc. has declared a quarterly cash dividend on its 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. Holders of its Depositary Shares, each representing a 1/40th interest in a share of this Series A preferred, will receive $0.421875 per Depositary Share. This comes from a $16.875 per share quarterly dividend on the underlying Series A Preferred Stock. The dividend will be paid on June 1, 2026 to holders of record of the Depositary Shares as of May 15, 2026.

First Guaranty Bancshares, Inc. has declared a quarterly cash dividend on its 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. Holders of its Depositary Shares, each representing a 1/40th interest in a share of this Series A preferred, will receive $0.421875 per Depositary Share. This comes from a $16.875 per share quarterly dividend on the underlying Series A Preferred Stock. The dividend will be paid on June 1, 2026 to holders of record of the Depositary Shares as of May 15, 2026.

First Guaranty Bancshares returned to profitability in the first quarter of 2026, posting net income of $2.7 million versus a net loss of $(6.2) million a year earlier. Net income available to common shareholders was $2.2 million, or $0.14 per share, compared with a loss of $(0.54) per share.

The turnaround was driven largely by a sharply lower provision for credit losses of $2.6 million, down from $14.5 million, and reduced noninterest expense. However, the net interest margin narrowed to 2.07% from 2.35% as the balance sheet shifted away from loans toward securities and deposits with other banks.

Total assets were $4.0 billion at March 31, 2026, down $119.8 million from year-end, with loans declining 7.0% to $1.9 billion and deposits down 3.4% to $3.5 billion. Nonperforming assets fell to $83.5 million, or 2.11% of total assets, and the bank’s total risk-based capital ratio improved to 14.71%, with a capital conservation buffer of 6.71%.

First Guaranty Bancshares returned to profitability in the first quarter of 2026, posting net income of $2.7 million versus a net loss of $(6.2) million a year earlier. Net income available to common shareholders was $2.2 million, or $0.14 per share, compared with a loss of $(0.54) per share.

The turnaround was driven largely by a sharply lower provision for credit losses of $2.6 million, down from $14.5 million, and reduced noninterest expense. However, the net interest margin narrowed to 2.07% from 2.35% as the balance sheet shifted away from loans toward securities and deposits with other banks.

Total assets were $4.0 billion at March 31, 2026, down $119.8 million from year-end, with loans declining 7.0% to $1.9 billion and deposits down 3.4% to $3.5 billion. Nonperforming assets fell to $83.5 million, or 2.11% of total assets, and the bank’s total risk-based capital ratio improved to 14.71%, with a capital conservation buffer of 6.71%.

First Guaranty Bancshares, Inc. reported that its Board of Directors elected Betsy K. Hood as a director on April 16, 2026. She has not been appointed to any board committees at this time, and there is no current expectation of a specific committee assignment.

The company states that Ms. Hood is not involved in any transactions with First Guaranty or First Guaranty Bank that would require disclosure under Item 404(a) of SEC Regulation S-K. She is a graduate of Southeastern Louisiana University with over 25 years of experience in the retail automotive industry and serves as Dealer Principal of Hood Automotive Group, President of Southern Dealers Mechanical Breakdown Insurance, and a board member for two local organizations.

First Guaranty Bancshares, Inc. reported that its Board of Directors elected Betsy K. Hood as a director on April 16, 2026. She has not been appointed to any board committees at this time, and there is no current expectation of a specific committee assignment.

The company states that Ms. Hood is not involved in any transactions with First Guaranty or First Guaranty Bank that would require disclosure under Item 404(a) of SEC Regulation S-K. She is a graduate of Southeastern Louisiana University with over 25 years of experience in the retail automotive industry and serves as Dealer Principal of Hood Automotive Group, President of Southern Dealers Mechanical Breakdown Insurance, and a board member for two local organizations.