Company: FGBI
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001408534-25-000015
Chunk: 113

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 7
Chunk 113
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including FHLB stock)469,679 13,925 2.96 %415,504 9,601 2.31 %Federal funds sold1,378 — — %374 — — %Loans held for sale— — — %— — — %Loans, net of unearned income (6)2,776,990 190,382 6.86 %2,607,074 167,140 6.41 %Total interest-earning assets3,586,790 221,706 6.18 %3,148,369 183,009 5.81 %Noninterest-earning assets:Cash and due from banks19,891 18,729 Premises and equipment, net69,548 61,733 Other assets30,785 27,514 Total Assets$3,707,014 $3,256,345 Liabilities and Shareholders' EquityInterest-bearing liabilities:Demand deposits$1,499,959 65,331 4.36 %$1,448,597 60,243 4.16 %Savings deposits230,393 5,173 2.25 %213,025 3,554 1.67 %Time deposits1,048,118 49,166 4.69 %669,661 23,967 3.58 %Borrowings235,542 13,598 5.77 %187,019 10,540 5.64 %Total interest-bearing liabilities3,014,012 133,268 4.42 %2,518,302 98,304 3.90 %Noninterest-bearing liabilities:Demand deposits414,804 481,456 Other24,084 18,672 Total Liabilities3,452,900 3,018,430 Shareholders' Equity254,114 237,915 Total Liabilities and Shareholders' Equity$3,707,014 $3,256,345 Net interest income$88,438 $84,705 Net interest rate spread(2)1.76 %1.91 %Net interest-earning assets(3)$572,778 $630,067 Net interest margin(4)(5)2.47 %2.69 %Average interest-earning