First Guaranty Bancshares Q2 FY26 net income turns to profit at $3.43 million; net interest income slips 5.6% to $51.28 million
Reuters2026/08/14 16:26By:Reuters
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- First Guaranty Bancshares swung to Q2 profit, posting net income of USD 3.43 million, versus a net loss of USD 7.3 million.
- Diluted EPS turned positive at USD 0.17; net interest income edged up to USD 22.28 million.
- Provision for credit losses fell to USD 2.63 million from USD 16.61 million.
- Total assets slipped 4.5% to USD 3.9 billion; loans dropped 14.7% to USD 1.77 billion, while deposits fell 4.8% to USD 3.46 billion.
- Bank sold its Texas operations on July 31; regulators issued an FDIC/OFI Consent Order requiring a 9% Tier 1 leverage ratio.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Guaranty Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001408534-26-000072), on August 14, 2026, and is solely responsible for the information contained therein.
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