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First Guaranty Bank buys three properties for $14.77 million from FGB Partners
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First Guaranty Bank buys three properties for $14.77 million from FGB Partners
  • First Guaranty Bancshares unit First Guaranty Bank bought three bank properties from FGB Partners on April 29, 2026 for aggregate cash purchase price of USD 14.77 million.
  • Deal covered two stand-alone branch properties plus portion of headquarters building that includes a branch.
  • Purchase ended 2024 sale-leaseback arrangement, triggering termination of absolute net lease agreements that carried 15-year initial terms with renewal options.
  • FGB Partners is owned by Douglas V. Reynolds, Edgar Ray Smith III, estate of William K. Hood.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Guaranty Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001408534-26-000035), on May 05, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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