Quarterly net income (to common) of $3.4M against a loss of $7.3M a year earlier; FGBI enters FDIC/OFI Consent Order requiring 9% Tier 1 leverage, 14% total capital

Filed August 14, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 18, 2025 · ~2 min read

Key Changes

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  Bank consented to FDIC/OFI Consent Order on August 5, 2026, requiring minimum Tier 1 leverage capital of 9% and total risk-based capital of 14%, with restrictions on dividends, brokered deposits, and CRE concentrations. Order may prevent 'well capitalized' status regardless of numerical ratios.

  Notes: Consent Order regulatory action verify on EDGAR →
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  Consent Order restricts the Bank's ability to pay dividends to the holding company without prior written consent from FDIC and OFI, which could limit First Guaranty's ability to pay dividends on preferred or common stock or meet other obligations.

  MD&A: Dividend restrictions under Consent Order verify on EDGAR →
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  Total loans declined $645.3 million (26.8%) to $1,765.2 million, concentrated in non-farm non-residential real estate (down $262.2M), construction & land development (down $169.8M), and commercial leases (down $102.6M), reflecting portfolio contraction likely driven by Consent Order requirements.

  Notes: Loan portfolio decline verify on EDGAR →