Company: FGBI
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001408534-25-000036
Chunk: 25

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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593 1,826 1,533 182,460 183,993 Consumer and other— 1,148 1,148 — 39,773 39,773 Unallocated— 1,090 1,090 — — — Total Non-Real Estate346 5,920 6,266 7,346 488,530 495,876 Total$12,803 $30,219 $43,022 $168,131 $2,352,062 2,520,193 Unearned Income     (7,405)Total Loans Net of Unearned Income     $2,512,788 All loans individually evaluated for impairment as of March 31, 2025 were considered collateral dependent loans.  As of December 31, 2024(in thousands)AllowanceIndividuallyEvaluatedAllowanceCollectively EvaluatedTotal Allowancefor Credit LossesLoansIndividuallyEvaluatedLoansCollectivelyEvaluatedTotal LoansbeforeUnearned IncomeReal Estate:      Construction & land development$403 $3,527 $3,930 $10,724 $319,324 $330,048 Farmland— 50 50 2,973 33,018 35,991 1- 4 family430 8,813 9,243 3,174 447,197 450,371 Multifamily2,942 1,007 3,949 27,516 137,605 165,121 Non-farm non-residential1,229 10,302 11,531 54,201 1,105,641 1,159,842 Total Real Estate5,004 23,699 28,703 98,588 2,042,785 2,141,373 Non-Real Estate:      Agricultural129 75 204 2,151 38,571 40,722 Commercial and industrial3 1,991 1,994 5,194 252,324 257,518 Commercial leases— 1,719 1,719 3,015 217,185 220,200 Consumer and other— 1,337 1,337 — 42,267 42,267 Unallocated— 854 854 — — —