First Guaranty Bancshares (FGBI) reported third-quarter 2026 net income of $12.0 million, compared with a net loss of $45.0 million a year earlier. Earnings per common share were $0.69, compared with a loss of $3.01 per share in the prior-year quarter.
The company said results included the sale of its Texas operations, completed July 31, which contributed an estimated $17.6 million to pretax income.
- Total business revenue, net of provision for credit losses, was $33.7 million, compared with a loss of $23.8 million a year earlier.
- Net interest income was $17.7 million, down from $22.2 million in the third quarter of 2025.
- Total assets were $3.2 billion at September 30, 2026, down $925.8 million from December 31, 2025.
- Total loans were $1.6 billion and total deposits were $2.9 billion at September 30, 2026.
- The allowance for credit losses was 2.30% of total loans, versus 1.97% at December 31, 2025.
