8-K

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): April 22, 2024

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 8.01 Other Events

On April 22, 2024, First Guaranty Bancshares, Inc. issued a press release announcing the opening of the First Guaranty Bank Bridgeport, WV branch.

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 dated April 22, 2024.

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: April 22, 2024
	By:	/s/Eric J. Dosch
		Eric J. Dosch
		Chief Financial Officer

 INDEX TO EXHIBITS

Exhibit Number	Description
Exhibit 99.1	Press Release dated April 22, 2024

 

EX-99.1

FOR IMMEDIATE RELEASE CONTACT: Alton Lewis, CEO First Guaranty Bank (985) 375-0350 First Guaranty Bank Bridgeport, WV Branch Officially Opens Hammond, LA, April 22, 2024 – The First Guaranty Bank Bridgeport, West Virginia branch is officially open in its new location at 1000 Jerry Dove Dr in the Market Place business complex in Bridgeport. First Guaranty’s local and established team is committed to providing complete banking solutions, lending and small business services to the community. The new FGB branch is a full-service bank and ready to serve with lobby and drive up open Monday through Friday 8:30 AM – 4:30 PM. Drive up ITMs (Interactive Teller Machine) will also be available with a live banker to assist customers at a later date. “We’re excited to bring our community-serving philosophy and fanatical banking to Bridgeport. Local staff make up the team at this location and they have already hit the ground running. We’re excited to support this growth,” stated Alton B. Lewis, President and CEO of First Guaranty Bank. Mike Mineer, West Virginia and Kentucky Area President said, “Our experienced banking team has already built upon the existing loan and deposit production operations, and we are thrilled to expand upon that with full-service banking. Our team is excited about our growth in this area.” For over 90 years, First Guaranty Bank has proudly served the people of Louisiana, Texas and Kentucky and is bringing that same level of commitment to customers in Bridgeport. While other banks may come and go, First Guaranty Bank continues to have the power and strength to meet the needs of customers and to support the success of the communities they call home. Sam Gallo, Senior Vice President in Bridgeport said, “The recent branch opening is the result of the Bank’s continued investment within the West Virginia area. Having already established many relationships in the community and region, we are excited to officially begin operating as a full-service bank here in Bridgeport.” First Guaranty will host an open house and ribbon cutting to be held at a future date. The local community is invited to tour the branch and meet staff.

About First Guaranty Bancshares, Inc. 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-five locations throughout Louisiana, Texas, Kentucky and West Virginia. The Company’s common stock trades on the NASDAQ under the symbol FGBI and preferred stock under the symbol FGBIP. For more information, visit www.fgb.net

XML

Cover	Apr. 22, 2024
Document Information [Line Items]
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0001408534
Document Type	8-K
Document Period End Date	Apr. 22, 2024
Entity Registrant Name	FIRST GUARANTY BANCSHARES, INC.
Entity Incorporation, State or Country Code	LA
Entity File Number	001-37621
Entity Tax Identification Number	26-0513559
Entity Address, Address Line One	400 East Thomas Street
Entity Address, City or Town	Hammond
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70401
City Area Code	345-7685
City Area Code	(985)
Written Communications	false
Soliciting Material	false
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $1 par value
Trading Symbol	FGBI
Security Exchange Name	NASDAQ
Noncumulative Preferred Stock
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares (each representing a 1/40th interest in a share of 6.75% Series A Fixed-Rate Non-Cumulative perpetual preferred stock)
Trading Symbol	FGBIP
Security Exchange Name	NASDAQ