v3.26.1
Other Real Estate (ORE)
6 Months Ended
Jun. 30, 2026
Real Estate [Abstract]  
Other Real Estate (ORE) Other Real Estate (ORE)
 
Other real estate owned consists of the following at the dates indicated: 

(in thousands)June 30, 2026December 31, 2025
Other Real Estate Owned:
Residential$897 $351 
Construction & land development1,161 8,161 
Non-farm non-residential27,663 26,572 
Total Other Real Estate Owned$29,721 $35,084 

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. As of June 30, 2026, these properties had a carrying value of $4.3 million and were held for sale.
Loans secured by one-to-four family residential properties in the process of foreclosure totaled $0.3 million as of June 30, 2026.