Premises and Equipment |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Premises and Equipment | Premises and Equipment The components of premises and equipment at December 31, 2025 and 2024 are as follows:
During 2025, First Guaranty transferred $4.4 million of properties consisting of branches or property for future development to other real estate owned. An impairment charge of $0.1 million was recognized in connection with the transfer. The properties are held for sale as of December 31, 2025. Depreciation expense amounted to $3.2 million and $3.4 million for 2025 and 2024, respectively. Interest cost capitalized as a construction cost was $0 for 2025 and 2024, respectively.
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