First Guaranty Bancshares, Inc.
For the period ended Sep 30, 2025. Filed Nov 17, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 17, 2025
FGBI$12.32+4.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS (unaudited)
| (in thousands, except share data) | September 30, 2025 | December 31, 2024 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents: | ||
| Cash and due from banks | $753,629 | $563,778 |
| Federal funds sold | 554 | 430 |
| Cash and cash equivalents | 754,183 | 564,208 |
| Interest-earning time deposits with banks | 250 | 250 |
| Investment securities: | ||
| Available for sale, at fair value (cost of $372,873 and $284,321, respectively) | 374,335 | 281,097 |
| Held to maturity, at cost and net of allowance for credit losses of $150 (estimated fair value of $264,566 and $251,458, respectively) | 322,413 | 321,622 |
| Investment securities | 696,748 | 602,719 |
| Federal Home Loan Bank stock, at cost | 10,079 | 9,706 |
| Loans, net of unearned income | 2,279,741 | 2,693,780 |
| Less: allowance for credit losses | 85,713 | 34,811 |
| Net loans | 2,194,028 | 2,658,969 |
| Premises and equipment, net | 59,979 | 67,789 |
| Goodwill | — | 12,900 |
| Intangible assets, net | 2,847 | 3,474 |
| Other real estate, net | 12,050 | 319 |
| Accrued interest receivable | 14,776 | 14,850 |
| Other assets | 52,396 | 37,544 |
| Total Assets | $3,797,336 | $3,972,728 |
| Liabilities and Shareholders' Equity | ||
| Deposits: | ||
| Noninterest-bearing demand | $396,906 | $404,056 |
| Interest-bearing demand | 1,390,219 | 1,387,068 |
| Savings | 215,077 | 234,444 |
| Time | 1,352,695 | 1,450,692 |
| Total deposits | 3,354,897 | 3,476,260 |
| Repurchase agreements | 7,117 | 7,009 |
| Accrued interest payable | 16,333 | 20,437 |
| Long-term advances from Federal Home Loan Bank | 135,000 | 135,000 |
| Senior long-term debt | 14,196 | 15,169 |
| Junior subordinated debentures | 29,790 | 44,745 |
| Other liabilities | 18,928 | 19,059 |
| Total Liabilities | 3,576,261 | 3,717,679 |
| Shareholders' Equity | ||
| Preferred stock, Series A - $1,000 par value - 100,000 shares authorized | ||
| Non-cumulative perpetual; 34,500 shares issued and outstanding | 33,058 | 33,058 |
| Common stock, $1 par value - 100,600,000 shares authorized; 15,352,947 and 12,504,717 shares issued and outstanding | 15,353 | 12,505 |
| Surplus | 168,682 | 149,389 |
| Retained earnings | 12,342 | 72,965 |
| Accumulated other comprehensive (loss) income | (8,360) | (12,868) |
| Total Shareholders' Equity | 221,075 | 255,049 |
| Total Liabilities and Shareholders' Equity | $3,797,336 | $3,972,728 |
See Notes to Consolidated Financial Statements
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