Company: FGBI
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001408534-25-000036
Chunk: 8

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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 Than 12 Months12 Months or MoreTotal(in thousands)Numberof SecuritiesFair ValueGrossUnrealizedLossesNumberof SecuritiesFair ValueGrossUnrealizedLossesNumberof SecuritiesFair ValueGrossUnrealized LossesAvailable for sale:         U.S. Treasuries2 $49,112 $(62)— $— $— 2 $49,112 $(62)Corporate debt securities— — — 11 8,986 (514)11 8,986 (514)Municipal bonds10 3,600 (64)31 4,977 (457)41 8,577 (521)Collateralized mortgage obligations3 16,054 (49)— — — 3 16,054 (49)Mortgage-backed securities15 70,429 (904)6 3,441 (158)21 73,870 (1,062)Total available for sale securities30 $139,195 $(1,079)48 $17,404 $(1,129)78 $156,599 $(2,208)Held to maturity:         U.S. Government Agencies— $— $— 29 $209,418 $(57,559)29 $209,418 $(57,559)Corporate debt securities— — — 56 49,899 (4,835)56 49,899 (4,835)Total held to maturity securities— $— $— 85 $259,317 $(62,394)85 $259,317 $(62,394)The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at December 31, 2024.   At December 31, 2024  Less Than 12 Months12 Months or MoreTotal(in thousands)Numberof SecuritiesFair ValueGrossUnrealizedLossesNumberof SecuritiesFair ValueGrossUnrealized LossesNumberof SecuritiesFair ValueGrossUnrealized LossesAvailable for sale:         U.S. Treasuries2 $48,615 $(93)— $— $— 2 $48,615 $(93)U.S. Government Agencies— — — — — — —