Company: FGBI
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001408534-25-000092
Chunk: 44

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 44
---
,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 5,038 6,762 Commercial leases— 1,533 1,533 Consumer and other233 — 233 Total Non-Real Estate2,686 7,834 10,520 Total Nonaccrual Loans$45,332 $63,197 $108,529  

-18-

The following table presents First Guaranty's loan portfolio by credit quality classification and origination year as of the date indicated: As of September 30, 2025Term Loans by Origination Year(in thousands)20252024202320222021PriorRevolving LoansTotalReal Estate:        Construction & land development:   Pass $8,327 $17,053 $80,999 $53,065 $6,148 1,631 $7,198 $174,421    Special Mention— 1,750 164 11,045 — 127 — 13,086    Substandard1,288 — 33,564 730 129 — 7,938 43,649    Doubtful— — — — — — — — Total Construction & land development9,615 18,803 114,727 64,840 6,277 1,758 15,136 231,156 Current period gross charge-offs— — — 5,794 — — — 5,794 Farmland      Pass1,196 2,900 7,440 3,583 3,238 1,950 2,417 22,724       Special Mention— 154 — 46 — 2,739 — 2,939    Substandard— 2,864 381 22 — 2,755 — 6,022    Doubtful— — — — — — — —  Total Farmland1,196 5,918 7,821 3,651 3,238 7,444 2,417 31,685