Company: FGBI
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001408534-25-000070
Chunk: 233

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-08-18
Form: 10-Q
Item: Part II, Item 1A
Chunk 233
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 “Promissory Note Amendment”), and (4) that certain First Amendment to the First Guaranty Bancshares, Inc. 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. (the “Subordinated Note Amendment”). The issuance of common stock by First Guaranty was 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 proceeds of the transactions listed above were used for general corporate purposes, including to support continued growth and to enhance regulatory capital ratios.

(b)Not applicable.

(c)Not applicable. 

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

(a)Not applicable.

(b)Not applicable.

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(c)During the six months ended June 30, 2025, no First Guaranty officer or director adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading agreement", as each term is defined in Item 408(a) of Regulation S-K.

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Item 6.     Exhibits

 The following exhibits are either filed as part of this report or are incorporated herein by reference.

 Exhibit NumberExhibit3.1Restated Articles of Incorporation of First Guaranty Bancshares, Inc. (1)3.2Articles of Amendment to the Restated Articles of Incorporation of First Guaranty Bancshares, Inc. (2)3.3Articles of Amendment to the Restated Articles of Incorporation of First Guaranty Bancshares, Inc. (3).3.4Bylaws of First Guaranty Bancshares, Inc. (4)3.5Amendment to Bylaws of First Guaranty Bancshares, Inc. (5)4.1Form of Common Stock Certificate of First Guaranty Bancshares, Inc. (6)4.2Subordinated Note, dated as of June 21, 2022, by and between First Guaranty Bancshares, Inc. and Edgar Ray Smith, III. (7)4.2Subordinated Note, dated as of March 28, 2024, by and between First Guaranty