First Guaranty returns to profitability with $3.4M Q2 net income, exits Texas market

Filed July 27, 2026 · Period ending July 27, 2026 · ~1 min read

Key Changes

• high

  Net income of $3.4M in Q2 2026 vs. $7.3M loss in Q2 2025; H1 2026 net income $6.2M vs. $13.5M loss prior year, driven by sharply lower credit provisions ($2.6M vs. $16.6M in Q2).

  Exhibit 99.1 view on EDGAR →
• high

  Selling five Texas branches to Armstrong Bank for ~$227M deposits and $93M loans, expected to close July 31, 2026, representing strategic exit from Texas market.

  Exhibit 99.1 view on EDGAR →
• high

  Nonaccrual loans fell $19.0M to $40.6M at June 30, 2026 from $59.6M at year-end 2025; paid off $14.0M non-accrual relationship in Q2.

  Exhibit 99.2 view on EDGAR →