Form 8-K

8-K — First Guaranty Bancshares, Inc.

Accession: 0001408534-26-000059

Filed: 2026-07-31

Period: 2026-07-31

CIK: 0001408534

SIC: 6035 (SAVINGS INSTITUTION, FEDERALLY CHARTERED)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — fgbi-20260731.htm (Primary)

EX-99.1 — EX-99.1 PAMPHLET (a2026_2ndquarterreport.htm)

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8-K

8-K (Primary)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 31, 2026

FIRST GUARANTY BANCSHARES, INC.

(Exact name of registrant as specified in its charter)

Louisiana 001-37621 26-0513559

(State or other jurisdiction (Commission File Number) (I.R.S. Employer

incorporation or organization) Identification Number)

400 East Thomas Street

Hammond, Louisiana

70401

(Address of principal executive offices) (Zip Code)

(985) 345-7685

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock, $1 par value FGBI The Nasdaq Stock Market LLC

Depositary Shares (each representing a 1/40th interest in a share of 6.75% Series A Fixed-Rate Non-Cumulative perpetual preferred stock) FGBIP The Nasdaq Stock Market LLC

Item 2.02. Results of Operations and Financial Condition

On July 31, 2026, First Guaranty Bancshares, Inc. released its Second Quarter 2026 Report to shareholders. The Press Release is enclosed as Exhibit 99.1 to this report. The information in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

Item 9.01. Financial Statements and Exhibits.

Exhibit 99.1 Press Release July 31, 2026 captioned "Second Quarter 2026 Report"

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FIRST GUARANTY BANCSHARES, INC.

(Registrant)

Date: July 31, 2026

By: /s/Eric J. Dosch

Eric J. Dosch

Chief Financial Officer

INDEX TO EXHIBITS

Exhibit Number Description

Exhibit 99.1

Press Release July 31, 2026 captioned "Second Quarter 2026 Report"

EX-99.1 — EX-99.1 PAMPHLET

EX-99.1

Filename: a2026_2ndquarterreport.htm · Sequence: 2

a2026_2ndquarterreport

PR ES O R TE D FI R ST -C LA SS M A IL U. S. P O ST AG E PA ID B AT O N R O UG E, L A PE R M IT N O . 9 84 Total Assets $3.9 Billion Deposits $3.5 Billion Locations 30 ATMs 40 $3.4 Million 2Q 2026 Earnings $6.2 Million YTD2026 Earnings 132 Consecutive dividends paid and counting 92 Years in Banking Total Loans $1.8 Billion Member FDIC FIRST GUARANTY BANCSHARES, INC. 2nd Quarter Report 2026 fgb.net | FI R ST G UA R A N TY B A N CS H A R ES , I N C. Po st O ffi ce B ox 2 00 9 H am m on d, L ou is ia na 7 04 04 -2 00 9 NASDAQ Symbol: FGBI We’re Social: Scan here or go to investors.fgb.net to visit our Investor Relations site. Have Questions? Vanessa Drew | InvestorRelations@fgb.net At A Glance (unaudited) FGB Branch Locations 1. Abbeville, LA 2. Alexandria, LA 3. Amite, LA 4. Benton, LA 5. Bossier City, LA 6. Bunkie, LA 7. Denham Springs, LA 8. Dubach, LA 9. Greensburg, LA 10. Guaranty Square - Main Office Hammond, LA 11. Hammond, LA - Guaranty West 12. Hessmer, LA 13. Homer, LA 14. Independence, LA 15. Jennings, LA 16. Kentwood, LA 17. Marksville, LA - Tunica 18. Moreauville, LA 19. Oil City, LA 20. Ponchatoula, LA 21. Vivian, LA 22. Walker, LA 23. Watson, LA 24. Denton, TX 25. Fort Worth, TX 26. Garland, TX 27. McKinney, TX 28. Waco, TX 29. Vanceburg, KY 30. Bridgeport, WV

A Message to Our Shareholders Consolidated Balance Sheets (in thousands, except share data) Consolidated Statements of Income (in thousands, except share, per share data & percentages) Consolidated Statements of Income (in thousands, except share, per share data & percentages) Six-Months Ended June 30, 2026 2025 (unaudited) Interest Income: Loans (including fees) $ 66,369 $ 83,982 Deposits with other banks 14,710 13,510 Securities (including FHLB stock) 22,477 11,292 Total Interest Income 103,556 108,784 Interest Expense: Demand deposits 17,851 24,912 Savings deposits 1,909 2,598 Time deposits 35,994 31,086 Borrowings 4,835 5,725 Total Interest Expense 60,589 64,321 Net Interest Income 42,967 44,463 Less: Provision for credit losses 5,250 31,158 Net Interest Income after Provision for Credit Losses 37,717 13,305 Noninterest Income: Service charges, commissions and fees 1,494 1,683 ATM and debit card fees 1,297 1,525 Net gains on securities 1 - Net gains on sale of assets 44 4 Other 1,271 1,298 Total Noninterest Income 4,107 4,510 Total Business Revenue, Net of Provision for Credit Losses 41,824 17,815 Noninterest Expense: Salaries and employee benefits 14,381 16,284 Occupancy and equipment expense 4,825 5,245 Other 14,731 13,755 Total Noninterest Expense 33,937 35,284 Income (Loss) Before Income Taxes 7,887 (17,469) Less: Provision (Benefit) for income taxes 1,713 (4,000) Net Income (Loss) 6,174 (13,469) Less: Preferred stock dividends 1,164 1,164 Income (Loss) Available to Common Shareholders $5,010 $(14,633) Per Common Share: Earnings (Loss) $0.31 $(1.15) Cash dividends paid $0.02 $0.02 Book Value Per Common Share $11.75 $15.21 Weighted Average Common Shares Outstanding 16,062,514 12,709,905 Return on Average Assets 0.31% -0.69% Return on Average Common Equity 5.24% -13.31% Three-Months Ended June 30, 2026 2025 (unaudited) Interest Income: Loans (including fees) $33,090 $41,013 Deposits with other banks 6,073 7,511 Securities (including FHLB stock) 12,118 5,797 Total Interest Income 51,281 54,321 Interest Expense: Demand deposits 8,241 12,708 Savings deposits 963 1,336 Time deposits 17,395 15,196 Borrowings 2,404 2,841 Total Interest Expense 29,003 32,081 Net Interest Income 22,278 22,240 Less: Provision for credit losses 2,625 16,610 Net Interest Income after Provision for Credit Losses 19,653 5,630 Noninterest Income: Service charges, commissions and fees 736 834 ATM and debit card fees 655 778 Net gains on securities - - Net gains on sale of assets - - Other 508 544 Total Noninterest Income 1,899 2,156 Total Business Revenue, Net of Provision for Credit Losses 21,552 7,786 Noninterest Expense: Salaries and employee benefits 7,029 7,843 Occupancy and equipment expense 2,361 2,605 Other 7,818 6,819 Total Noninterest Expense 17,208 17,267 Income (Loss) Before Income Taxes 4,344 (9,481) Less: Provision (benefit) for income taxes 913 (2,178) Net Income (Loss) 3,341 (7,303) Less: Preferred stock dividends 582 582 Income (Loss) Available to Common Shareholders $2,849 $(7,885) Per Common Share: Earnings (Loss) $0.17 $(0.61) Cash dividends paid $0.01 $0.01 Weighted Average Common Shares Outstanding 16,326,060 12,910,785 Return on Average Assets 0.35% -0.75% Return on Average Common Equity 5.95% -14.33% Michael R. Mineer Chief Executive Officer/President First Guaranty Bancshares, Inc. Dear Shareholders, I am pleased to report that First Guaranty achieved its third consecutive quarter of positive earnings while continuing to strengthen our balance sheet, improve asset quality, and enhance our capital position. Second Quarter 2026 Highlights: • Net income totaled $3.4 million for the second quarter of 2026. • Earnings per common share increased to $0.17 for the second quarter of 2026, compared to $0.14 in the first quarter of 2026 and $0.12 in the fourth quarter of 2025. • Our Total Risk-Based Capital Ratio exceeded 16% at June 30, 2026, up from 11.28% at June 30, 2024. • A $14.0 million non-accrual relationship paid off during the quarter, meaningfully improving our loan portfolio. • Commercial real estate concentration was approximately 254.4% of total bank capital at June 30, 2026, below regulatory guidance. • Total loans were $1.8 billion and total deposits were $3.5 billion, at June 30, 2026, consistent with our strategy to reduce balance sheet risk. • The allowance for credit losses was 1.94% of total loans, and shareholders’ equity was $227.4 million at June 30, 2026. • First Guaranty continues to invest in operational efficiency, including the use of artificial intelligence solutions designed to lower costs and improve customer service. First Guaranty remains committed to providing essential banking services to our local communities. I am proud of the progress we have made and look forward to continuing our work toward becoming the premier community bank in Louisiana, Kentucky, and West Virginia. Thank you for your continued support. Additional information about our performance is available on our Investor Relations website. Please feel free to contact me with any questions. Sincerely, Assets Cash and cash equivalents: Cash and due from banks $781,030 $714,313 Federal funds sold 546 557 Cash and cash equivalents 781,576 714,870 Interest-earning time deposits with banks 250 250 Investment securities: Available for sale, at fair value ($901,862 and $398,112, respectively) 890,758 397,573 Held to maturity, at cost and net of allowance for credit losses of $150 (estimated fair value of $265,294 and $260,080 respectively) 323,203 322,149 Investment securities 1,213,961 719,722 Federal Home Loan Bank stock, at cost 10,433 9,956 Loans, net of unearned income 1,765,210 2,410,505 Less: allowance for credit losses 34,299 58,871 Net loans 1,730,911 2,351,634 Premises and equipment, net 72,656 66,035 Goodwill - 12,900 Intangible assets, net 2,218 3,056 Other real estate, net 29,721 7,657 Accrued interest receivable 11,875 13,305 Other assets 41,409 70,196 Total Assets $3,895,010 $3,969,581 Liabilities and Shareholders’ Equity Deposits: Noninterest-bearing demand $415,296 $442,267 Interest-bearing demand 1,092,746 1,402,960 Savings 224,436 247,120 Time 1,724,574 1,388,991 Total deposits 3,457,052 3,481,338 Repurchase agreements 7,227 7,117 Accrued interest payable 17,492 19,498 Long-term advances from Federal Home Loan Bank 135,000 135,000 Senior long-term debt 14,214 14,186 Junior subordinated debentures 29,835 29,775 Other liabilities 6,840 19,579 Total Liabilities 3,667,660 3,706,493 Shareholders’ Equity Preferred Stock, Series A - $1,000 par value 100,000 shares authorized; non-cumulative perpetual; 34,500 issued and outstanding, respectively 33,058 33,058 Common stock - $1 par value 100,600,000 shares authorized; 16,539,094 and 15,120,172 shares issued and outstanding 16,539 15,120 Surplus 176,492 167,041 Retained earnings 18,742 58,078 Accumulated other comprehensive (loss) income (17,481) (10,209) Total Shareholders’ Equity 227,350 263,088 Total Liabilities & Shareholders’ Equity $ 3,895,010 $3,969,581 June 30, 2026 2025 (unaudited)

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