Company: FGBI
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001408534-25-000092
Chunk: 267

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 3
Chunk 267
---
 outlook. These strategies include, but are not limited to, frequent internal modeling of asset and liability values and behavior due to changes in interest rates. We monitor cash flow forecasts closely and evaluate the impact of both prepayments and extension risk.

-59-

The following interest sensitivity analysis is one measurement of interest rate risk. This analysis reflects the contractual maturity characteristics of assets and liabilities over various time periods. This analysis does not factor in prepayments or interest rate floors on loans which may significantly change the report. This table includes nonaccrual loans in their respective maturity periods. The gap indicates whether more assets or liabilities are subject to repricing over a given time period. The interest sensitivity analysis at September 30, 2025 illustrated below reflects a liability-sensitive position with a negative cumulative gap on a one-year basis.

The interest spread and liability funding discussed below are directly related to changes in asset and liability mixes, volumes, maturities and repricing opportunities for interest-earning assets and interest-bearing liabilities. Interest-sensitive assets and liabilities are those which are subject to repricing in the near term, including both floating or adjustable rate instruments and instruments approaching maturity. The interest 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