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First Guaranty Bancshares (FGBI) investor relations material
First Guaranty Bancshares Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net income for Q2 2026 was $3.4 million, a turnaround from a $7.3 million loss in Q2 2025; six-month net income was $6.2 million, up from a $13.5 million loss year-over-year.
Total assets decreased to $3.9 billion from $4.1 billion at year-end 2025; loans and deposits also declined.
Earnings per share for Q2 2026 were $0.17, compared to a loss of $0.61 per share in Q2 2025.
Financial highlights
Net interest income for Q2 2026 was $22.3 million, nearly flat year-over-year; six-month net interest income was $43.0 million, down from $44.5 million.
Provision for credit losses dropped sharply to $2.6 million in Q2 2026 from $16.6 million in Q2 2025.
Charge-offs rose to $7.7 million in Q2 2026 from $1.1 million in Q2 2025; recoveries increased to $0.9 million from $0.2 million.
Noninterest expense for Q2 2026 was $17.2 million, stable year-over-year.
Book value per common share was $11.75 at June 30, 2026, down from $12.23 at year-end 2025.
Outlook and guidance
Sale of Texas operations (five branches, $227 million in deposits, $93 million in loans) to Armstrong Bank expected to close July 31, 2026.
Forward-looking statements caution on risks and uncertainties affecting future performance.
- Major loan charge-off and risk management dominated, with all proposals approved.FGBI
AGM 202622 May 2026 - Q1 2026 saw a return to profitability, improved capital, and lower nonperforming assets.FGBI
Q1 202613 May 2026 - Proxy covers director elections, executive pay, auditor ratification, and governance practices.FGBI
Proxy filing22 Apr 2026 - Strategic changes and cost cuts followed a tough year, with all proposals approved.FGBI
AGM 20253 Feb 2026 - Earnings rose, but nonaccrual loans and credit risk increased significantly.FGBI
Q3 20242 Feb 2026 - Asset and deposit growth offset by higher nonperforming loans and increased credit loss provisions.FGBI
Q4 20242 Feb 2026 - Full-year loss driven by credit losses, but Q4 earnings and capital ratios improved.FGBI
Q4 202528 Jan 2026 - Annual meeting to vote on directors, executive pay, auditor, and review governance and related party deals.FGBI
Proxy Filing2 Dec 2025 - Q3 2025 loss of $45M stemmed from major credit losses and goodwill impairment.FGBI
Q3 202517 Nov 2025
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