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As of December 31, 2025, there were approximately 1,600 holders of record of our common stock.
+Added: On December 31, 2025, First Guaranty issued an aggregate of 440,486 shares of its common stock, $1.00 par value per share (the “Common Stock”), for aggregate offering proceeds of $1.5 million.
+Added: 277,787 shares were issued in a private placement, with the proceeds used for general corporate purposes, including to support continued growth and to enhance regulatory capital ratios.
+Added: An additional 162,699 shares were issued as payment-in-kind in lieu of interest payments pursuant to that certain Promissory Note, dated as of June 4, 2025, by and between First Guaranty Bancshares, Inc.
+Added: and Smith & Tate Investment, L.L.C.
+Added: (the “Promissory Note Amendment”), and that certain First Amendment to the First Guaranty Bancshares, Inc.
+Added: Floating Rate Subordinated Note due March 28, 2034, dated as of June 4, 2025, by and between First Guaranty and Smith & Tate Investment, L.L.C.
+Added: (the “Subordinated Note Amendment”).
+Added: First Guaranty did not receive any proceeds of the payment-in-kind issuance.
+Added: These issuances of common stock by First Guaranty were made to “accredited investors” in reliance upon the exemptions from registration available under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D.
The depositary shares underlying our Series A Preferred Stock are traded on the Nasdaq Global Market under the symbol “FGBIP”.
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Specifically, an insured depository institution is prohibited from making any capital distribution to its shareholders, including by way of dividend, if after making such distribution, the depository institution fails to meet the required minimum level for any relevant capital measure including the risk-based capital adequacy and leverage standards.
+Added: Please refer to Item 1A Risk Factors for additional risks relating to our ability to pay dividends.
Additionally, under the Louisiana Business Corporation Act, First Guaranty Bancshares, Inc.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.