Company: FGBI
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001408534-25-000092
Chunk: 193

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 8
Chunk 193
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2025 and 2024, respectively.

(5)Annualized.

(6)Includes loan fees of $1.0 million and $1.5 million for the three months ended September 30, 2025 and 2024, respectively. 

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        Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024(in thousands except for %)Average BalanceInterestYield/Rate (5)Average BalanceInterestYield/Rate (5)AssetsInterest-earning assets:Interest-earning deposits with banks$640,961 $21,287 4.44 %$299,449 $11,747 5.24 %Securities (including FHLB stock)683,930 17,690 3.46 %396,025 7,958 2.68 %Federal funds sold534 — — %1,060 — — %Loans held for sale1,131 — — %— — — %Loans, net of unearned income(6)2,476,128 123,307 6.66 %2,793,397 144,281 6.90 %Total interest-earning assets3,802,684 $162,284 5.71 %3,489,931 $163,986 6.28 %Noninterest-earning assets:Cash and due from banks20,691 19,439 Premises and equipment, net66,041 69,951 Other assets24,342 31,144 Total Assets$3,913,758 $3,610,465 Liabilities and Shareholders' EquityInterest-bearing liabilities:Demand deposits$1,380,225 $38,097 3.69 %$1,519,743 $50,992 4.48 %Savings deposits231,206 3,656 2.11 %229,763 3,928 2.28 %Time deposits1,403,370 45,605 4.34 %924,857 32,649 4.72 %Borrowings196,267 8,225 5.60 %246,502 10,556 5.72 %Total interest-bearing liabilities3,211,068 $95,583 3.98 %2,