v3.26.1
Other Real Estate
12 Months Ended
Dec. 31, 2025
Real Estate [Abstract]  
Other Real Estate Other Real Estate
Other real estate owned consists of the following at the dates indicated:

(in thousands)December 31, 2025December 31, 2024
Real Estate Owned Acquired by Foreclosure:  
Residential$351 $226 
Construction & land development8,161 
Non-farm non-residential26,572 90 
Total Other Real Estate Owned and Foreclosed Property35,084 319 
Allowance for Other Real Estate Owned losses— — 
Net Other Real Estate Owned and Foreclosed Property$35,084 $319 

During 2025, First Guaranty transferred $4.4 million of existing bank owned properties previously used as either operating branches or future branch development to other real estate owned. The properties are held for sale as of December 31, 2025.

Loans secured by one-to-four family residential properties in the process of foreclosure totaled $1.8 million and $1.4 million as of December 31, 2025 and 2024, respectively.