HAMMOND, La., July  28, 2026  (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. (&#34;First Guaranty&#34;) (NASDAQ:FGBI), the holding company for First Guaranty Bank, reported net income of $3.4 million, or $0.17 per

FGBI

First Guaranty Bancshares, Inc. Reports Second Quarter 2026 Net Income of $3.4 Million, and Earnings Per Share of $0.17

First Guaranty Bancshares Q2 2026 results show stronger earnings and solid capitalization

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>HAMMOND, La., July  28, 2026  (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. (&amp;#34;First Guaranty&amp;#34;) (NASDAQ:FGBI), the holding company for First Guaranty Bank, reported net income of $3.4 million, or $0.17 per</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>First Guaranty Bancshares posted Q2 2026 net income of $3.4 million, with nonaccrual loans down to $40.6 million and a total capital ratio above 16%. The bank&#039;s assets reached $3.9 billion as deposits held at $3.5 billion, signaling improved credit quality and earnings momentum. Management emphasizes balance-sheet risk reduction and diversified lending, potentially sustaining earnings stability.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Second quarter 2026 net income $3.4M; EPS $0.17.</li><li>Nonaccrual loans declined $19M to $40.6M.</li><li>Total assets $3.9B; deposits $3.5B; loans $1.8B.</li><li>Capital ratio above 16% as of 6/30/2026; BVPS $11.75.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>First Guaranty Bancshares, Inc. (FGBI)</strong>: Reported Q2 2026 results; net income $3.4M; capital ratio &gt;16%; improving asset quality.</li><li><strong>First Guaranty Bank (N/A)</strong>: Louisiana-chartered subsidiary; performance aligns with parent’s balance-sheet improvements.</li></ul>
  </section>

  <section data-block="category">
    <h3>Earnings</h3>
    <p>Category: Earnings. The release provides quarterly profitability and balance-sheet metrics; highlights improving asset quality and capitalization, central to FGBI&#039;s fundamentals and risk profile.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Q2 2026 net income of $3.4M; EPS $0.17, QoQ improvement.</li><li>Nonaccrual loans fell by $19M to $40.6M.</li><li>Total capital ratio &gt;16% at 6/30/2026.</li><li>BVPS $11.75; deposits $3.5B; assets $3.9B.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Second quarter net income: $3.4 million; EPS: $0.17.</li><li>Nonaccrual loans: $40.6 million (down from $59.6 million 12/31/2025).</li><li>Total assets: $3.9 billion; total loans: $1.8 billion.</li><li>Deposits: $3.5 billion; book value per share: $11.75.</li><li>Capital ratio: bank total capital ratio &gt;16% as of 6/30/2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish near-term on improved asset quality and capital; potential earnings stability over the next 1–2 quarters.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">HAMMOND, La., July  28, 2026  (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. (&#34;First Guaranty&#34;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FGBI">FGBI</a>), 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.</p>  <p align="justify"><strong>SECOND QUARTER 2026 HIGHLIGHTS</strong></p>  <ul type="disc"><li style="text-align:justify;">Net income of $3.4 million; Net income available to common shareholders of $2.8 million.</li><li style="text-align:justify;">Nonaccrual loans decreased $19.0 million to $40.6 million from $59.6 million at December 31, 2025.</li><li style="text-align:justify;">Total assets of $3.9 billion; total loans of $1.8 billion; total deposits of $3.5 billion.</li><li style="text-align:justify;">Shareholders’ equity of $227.4 million; book value per common share of $11.75.</li><li style="text-align:justify;">Bank total capital ratio improved to more than 16% at June 30, 2026.<br></br><br></br></li></ul>  <p align="justify">"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.</p>  <p align="justify"><strong>For full release click </strong><a href="https://www.globenewswire.com/Tracker?data=S9ZEA6sMIlcl80QbzPPRy0uWdncKdUhOjwpo0t4HZFYKwv2u8jBo8-cGV6GzcMRqRVbvHowne19K7fOJTQsBYzwe8KqYNV80mV1-mWy2cfvva72XCay1BkJHUhvy57C7oJLkVtqlbu6unKrxuUeg4UIighg3hC9AmzzGgm_IE8M=" rel="nofollow" target="_blank"><strong>here</strong></a><strong>.</strong></p>  <p align="justify"><strong>About First Guaranty Bancshares, Inc.: </strong>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 <a href="https://www.globenewswire.com/Tracker?data=-g9UrszvLnEj91ZCj7-E_corruPMo8a03zHt5hjPFATi4yHb6pNdKii_OuVX2eOnOmWkUlrEbCHun2jQ5D97kQ==" rel="nofollow" target="_blank">www.fgb.net</a>.</p>  <p align="justify"><strong>Forward Looking Statements: </strong>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.</p>  <p><strong>CONTACT: ERIC DOSCH, CFO</strong></p>  <p><strong>985.375.0308</strong></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc5OTQ2MyM3NzQ3MDA1IzIxODE0ODE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YzhmODRjNmQtOTM5OC00ZjVlLThiZGQtOGM0MDRjOTFkMWM4LTExOTMwNTAtMjAyNi0wNy0yOC1lbg==/tiny/First-Guaranty-Bank.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/c6653a01-22e7-4fef-84ea-bc9d4d2965c7"><img src="https://ml.globenewswire.com/media/c6653a01-22e7-4fef-84ea-bc9d4d2965c7/small/fgb-bancshares-logo-png.png" border="0" width="150" height="44" alt="Primary Logo"></img></a></p>

First Guaranty Bancshares posted Q2 2026 net income of $3.4 million, with nonaccrual loans down to $40.6 million and a total capital ratio above 16%. The bank's assets reached $3.9 billion as deposits held at $3.5 billion, signaling improved credit quality and earnings momentum. Management emphasizes balance-sheet risk reduction and diversified lending, potentially sustaining earnings stability.

News insight

First Guaranty Bancshares, Inc. Reports Second Quarter 2026 Net Income of $3.4 Million, and Earnings Per Share of $0.17

AI summary

Sentiment rationale

Key facts

Earnings