Company: FGBI
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001408534-25-000015
Chunk: 158

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 8
Chunk 158
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109 11,038 433,812 444,850 124 Multifamily824 537 1,361 117,560 118,921 — Non-farm non-residential1,020 24,451 25,471 1,020,394 1,045,865 14,711 Total Real Estate7,151 33,463 40,614 2,000,987 2,041,601 14,835 Non-Real Estate:      Agricultural240 1,426 1,666 39,342 41,008 57 Commercial and industrial2,483 1,976 4,459 330,513 334,972 395 Commercial leases— 1,799 1,799 283,616 285,415 — Consumer and other1,037 1,810 2,847 51,638 54,485 — Total Non-Real Estate3,760 7,011 10,771 705,109 715,880 452 Total Loans Before Unearned Income$10,911 $40,474 $51,385 $2,706,096 2,757,481 $15,287 Unearned income    (8,773) Total Loans Net of Unearned Income    $2,748,708  The tables above include $108.5 million and $25.2 million of nonaccrual loans for December 31, 2024 and 2023, respectively. See the tables below for more detail on nonaccrual loans.

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The following is a summary of nonaccrual loans by class at the dates indicated:As of December 31, 2024(in thousands)With Related Allowance Without Related Allowance TotalReal Estate:Construction & land development$697 $2,927 $3,624 Farmland678 1,941 2,619 1 - 4 family7,309 2,744 10,053 Multifamily25,986 1,556 27,542 Non-farm non-residential7,976 46,195 54,171 Total Real Estate42,646 55,363 98,009 Non-Real Estate:Agricultural729 1,263 1,992 Commercial and industrial1,724