Company: FGBI
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001408534-25-000070
Chunk: 9

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-08-18
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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anty's investment securities was $2.3 million and $1.4 million at June 30, 2025 and December 31, 2024, respectively, and was included in accrued interest receivable on the consolidated balance sheet. First Guaranty had a $0.2 million allowance for credit losses related to the held to maturity portfolio at June 30, 2025 and December 31, 2024.

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The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at June 30, 2025.  At June 30, 2025  Less Than 12 Months12 Months or MoreTotal(in thousands)Numberof SecuritiesFair ValueGrossUnrealizedLossesNumberof SecuritiesFair ValueGrossUnrealizedLossesNumberof SecuritiesFair ValueGrossUnrealized LossesAvailable for sale:         U.S. Treasuries2 $49,615 $(37)— $— $— 2 $49,615 $(37)Corporate debt securities2 1,491 (10)8 6,623 (377)10 8,114 (387)Municipal bonds21 4,944 (137)31 4,854 (524)52 9,798 (661)Collateralized mortgage obligations6 35,627 (137)— — — 6 35,627 (137)Mortgage-backed securities17 73,953 (651)6 3,427 (150)23 77,380 (801)Total available for sale securities48 $165,630 $(972)45 $14,904 $(1,051)93 $180,534 $(2,023)Held to maturity:         U.S. Government Agencies— $— $— 29 $209,019 $(58,175)29 $209,019 $(58,175)Corporate debt securities1 884 (85)55 49,855 (3,961)56 50,739 (4,046)Total held to maturity securities1 $884 $(85)84 $258,874 $(62,136)85 $259,758 $(62,221)The following is a summary of the fair value of