Company: FGBI
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001408534-25-000092
Chunk: 205

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 8
Chunk 205
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 sensitivity gap is the difference between total interest-sensitive assets and total interest-sensitive liabilities. Interest rates on our various asset and liability categories do not respond uniformly to changing market conditions. Interest rate risk is the degree to which interest rate fluctuations in the marketplace can affect net interest income.

 September 30, 2025Interest Sensitivity Within(in thousands except for %)3 Months Or LessOver 3 Monthsthru 12 MonthsTotal One YearOver One YearTotalEarning Assets:     Loans (including loans held for sale)$848,867 $408,890 $1,257,757 $1,021,984 $2,279,741 Securities (including FHLB stock)10,099 3,552 13,651 693,176 706,827 Federal Funds Sold554 — 554 — 554 Other earning assets742,141 — 742,141 — 742,141 Total earning assets$1,601,661 $412,442 $2,014,103 $1,715,160 $3,729,263 Source of Funds:     Interest-bearing accounts:     Demand deposits$1,390,219 $— $1,390,219 $— $1,390,219 Savings deposits215,077 — 215,077 — 215,077 Time deposits261,324 647,356 908,680 444,015 1,352,695 Short-term borrowings— — — 7,044 7,044 Long-term borrowings14,196 — 14,196 135,000 149,196 Junior subordinated debt29,790 — 29,790 — 29,790 Noninterest-bearing, net— — — 585,242 585,242 Total source of funds$1,910,606 $647,356 $2,557,962 $1,171,301 $3,729,263 Period gap$(308,945)$(234,914)$(543,859)$543,859  Cumulative gap$(308,945)$(543,859)$(543,859)$—  Cumulative gap as a percent of earning assets(8.3)%(14.6)%(14.6)%  

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Item 4. Controls and