Condensed Parent Company Information (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
| Condensed Financial Information Disclosure [Abstract] |
|
| Schedule of Condensed Balance Sheets |
First Guaranty Bancshares, Inc. Condensed Balance Sheets | | | | | | | | | | | | | | December 31, | | (in thousands) | 2025 | | 2024 | | Assets | | | | | Cash | $ | 3,883 | | | $ | 2,541 | | | Investment in bank subsidiary | 263,878 | | | 310,558 | | | Other assets | 2,761 | | | 2,707 | | | Total Assets | $ | 270,522 | | | $ | 315,806 | | | | | | | Liabilities and Shareholders' Equity | | | | | Short-term debt | — | | | — | | | Senior long-term debt | 14,203 | | | 15,169 | | | Junior subordinated debentures | 29,805 | | | 44,745 | | | Other liabilities | 296 | | | 843 | | | Total Liabilities | 44,304 | | | 60,757 | | | Shareholders' Equity | 226,218 | | | 255,049 | | | Total Liabilities and Shareholders' Equity | $ | 270,522 | | | $ | 315,806 | |
|
| Schedule of Condensed Statements of Income |
First Guaranty Bancshares, Inc. Condensed Statements of Income | | | | | | | | | | | | | | December 31, | | (in thousands) | 2025 | | 2024 | | Operating Income | | | | | Dividends received from bank subsidiary | $ | — | | | $ | 9,330 | | | Net gains on sale of equity securities | — | | | — | | | Other income | 652 | | | 655 | | | Total operating income | 652 | | | 9,985 | | | | | | | Operating Expenses | | | | | Interest expense | 4,365 | | | 5,748 | | | Salaries & Benefits | 145 | | | 205 | | | Other expenses | 952 | | | 1,076 | | | Total operating expenses | 5,462 | | | 7,029 | | | | | | | (Loss) income before income tax benefit and increase in equity in undistributed earnings of subsidiary | (4,810) | | | 2,956 | | | Income tax benefit | 1,028 | | | 1,352 | | | (Loss) income before (decrease) increase in equity in undistributed earnings of subsidiary | (3,782) | | | 4,308 | | | (Decrease) increase in equity in undistributed earnings of subsidiary | (52,240) | | | 8,140 | | | Net (Loss) Income | $ | (56,022) | | | $ | 12,448 | |
|
| Schedule of Condensed Statements of Cash Flows |
First Guaranty Bancshares, Inc. Condensed Statements of Cash Flows | | | | | | | | | | | | | | December 31, | | (in thousands) | 2025 | | 2024 | | Cash flows from operating activities: | | | | | Net income | $ | (56,022) | | | $ | 12,448 | | | Adjustments to reconcile net income to net cash provided by operating activities: | | | | | Decrease (increase) in equity in undistributed earnings of subsidiary | 52,240 | | | (8,140) | | | Depreciation and amortization | — | | | — | | | Net change in other assets and liabilities, net | 1,974 | | | 729 | | | Net cash (used in) provided by operating activities | (1,808) | | | 5,037 | | | | | | | Cash flows from investing activities: | | | | | Proceeds from sales of equity securities | — | | | — | | | Funds invested in equity securities | — | | | — | | | Funds invested in bank subsidiary | — | | | — | | | Net cash used in investing activities | — | | | — | | | | | | | Cash flows from financing activities: | | | | | Net increase (decrease) in short-term borrowings | — | | | (10,000) | | | Proceeds from long-term borrowings, net of costs | — | | | 29,700 | | | Repayment of long-term debt | (1,008) | | | (24,030) | | | Net proceeds from issuance of common stock | 7,046 | | | — | | | Subsidiary payment for stock grants issued | — | | | 334 | | | Dividends paid | (2,888) | | | (7,455) | | | Net cash provided by (used in) financing activities | 3,150 | | | (11,451) | | | | | | | Net increase (decrease) in cash and cash equivalents | 1,342 | | | (6,414) | | | Cash and cash equivalents at the beginning of the period | 2,541 | | | 8,955 | | | Cash and cash equivalents at the end of the period | $ | 3,883 | | | $ | 2,541 | |
|