First Guaranty Bancshares, Inc. 8-K

What Happened
First Guaranty Bancshares, Inc. (via its wholly owned subsidiary First Guaranty Bank) announced on March 10, 2026 that it entered into an agreement to sell its Texas operations to Armstrong Bank, Muskogee, Oklahoma. The transaction covers five Texas branches and related deposits, loans and certain other assets. The company disclosed the announcement under Regulation FD in a press release attached as Exhibit 99.1 to the 8-K filed March 10, 2026.

Key Details

• Seller: First Guaranty Bank (wholly owned subsidiary of First Guaranty Bancshares, Inc.).
• Buyer: Armstrong Bank, Muskogee, Oklahoma.
• Scope: Five Texas branches and related deposits, loans and certain other assets.
• Filing: Form 8-K filed March 10, 2026 (Regulation FD disclosure); press release is Exhibit 99.1.
• The 8-K does not disclose the purchase price, closing date, or detailed financial impact.

Why It Matters
The sale reduces First Guaranty’s operational footprint in Texas and transfers associated deposits and loans to Armstrong Bank, which can affect the company’s balance sheet and future revenue mix. Because the 8-K did not include transaction terms or timing, investors should look for follow-up filings or press releases that disclose purchase price, expected closing, and the deal’s impact on capital, deposits, loan balances and earnings.