Company: FGBI
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001408534-25-000015
Chunk: 89

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 7
Chunk 89
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 $51,638 $330,048 Farmland7,406 2,302 4,038 22,245 35,991 1- 4 family10,754 27,991 43,417 368,209 450,371 Multifamily22,219 59,613 20,410 62,879 165,121 Non-farm non-residential174,350 314,846 161,073 509,574 1,159,843 Total Real Estate343,772 457,093 325,964 1,014,545 2,141,374 Non-Real Estate:    Agricultural14,162 7,673 8,181 10,706 40,722 Commercial and industrial105,225 125,548 21,804 4,941 257,518 Commercial leases45,615 174,585 — — 220,200 Consumer and other10,474 27,004 4,788 — 42,266 Total Non-Real Estate175,476 334,810 34,773 15,647 560,706 Total Loans Before Unearned Income$519,248 $791,903 $360,737 $1,030,192 $2,702,080 Less: Unearned income   (8,300)Total Loans Net of Unearned Income   $2,693,780 

The following table sets forth the scheduled repayments of fixed and adjustable-rate loans at December 31, 2024 that are contractually due after December 31, 2024.

 Due After December 31, 2024(in thousands)FixedFloatingTotalOne year or less$240,685 245,272 485,957 One to five years501,800 256,720 758,520 Over five to 15 years62,412 293,173 355,585 Over 15 years358,727 634,762 993,489 Subtotal$1,163,624 $1,429,927 $2,593,551 Nonaccrual loans  108,529 Total  $2,702,080 

Included in floating rate loans are loans that adjust to a floating rate following an initial fixed rate period. The initial fixed rate periods are typically one, three