Company: FGBI
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001408534-25-000092
Chunk: 140

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 8
Chunk 140
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458 Non-farm non-residential10,596 (5,047)45 8,065 13,659 Total Real Estate24,744 (6,283)59 9,217 27,737 Non-Real Estate:Agricultural97 (33)26 174 264 Commercial and industrial2,711 (4,521)157 3,251 1,598 Commercial leases1,948 — — 147 2,095 Consumer and other1,426 (2,837)474 2,524 1,587 Unallocated— — — — — Total Non-Real Estate6,182 (7,391)657 6,096 5,544 Total Loans$30,926 $(13,674)$716 $15,313 $33,281 Unfunded lending commitments2,810 — — (1,300)1,510 Total$33,736 $(13,674)$716 $14,013 $34,791 Negative provisions are caused by changes in the composition and credit quality of the loan portfolio and by recoveries. The result is an allocation of the credit loss reserve from one category to another.

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A summary of the allowance along with loans and leases individually and collectively evaluated are as follows: As of September 30, 2025(in thousands)AllowanceIndividuallyEvaluatedAllowanceCollectively EvaluatedTotal Allowancefor Credit LossesLoansIndividuallyEvaluatedLoansCollectivelyEvaluatedTotal LoansbeforeUnearned IncomeReal Estate:      Construction & land development$566 $3,243 $3,809 $19,081 $212,075 $231,156 Farmland70 117 187 2,543 29,142 31,685 1- 4 family857 11,009 11,866 7,867 433,150 441,017 Multifamily148 845 993 23,973 113,609 137,582 Non-farm non-residential10,635 9,672 20,307 66,651 936,547 1,003,198 Total Real Estate12,276 24,886 37,162 120,115 1,724,523 1,844,638 Non