First Guaranty Bancshares Inc. reported a net loss of $45.0 million for the third quarter ended September 30, 2025, compared to net income of $1.9 million for the same period in 2024. For the nine months ended September 30, 2025, the company recorded a net loss of $58.5 million, down from net income of $11.4 million in the prior-year period. The third quarter results included a $47.9 million provision for credit losses, with $39.8 million attributed to a single commercial lease relationship. A one-time non-cash goodwill impairment charge of $12.9 million was also recognized, which did not impact regulatory capital ratios. Total assets were $3.8 billion at September 30, 2025, representing a decrease of $175.4 million since December 31, 2024. Total loans declined by $414.0 million, or 15.4%, to $2.3 billion. Total deposits stood at $3.4 billion, a decrease of $121.4 million, or 3.5%. Retained earnings were $12.3 million, down by $60.6 million from December 31, 2024. Shareholders' equity was $221.1 million at the end of the third quarter, compared to $255.0 million as of the previous year-end. The company's risk-weighted capital ratio improved to 12.3% at September 30, 2025, from 11.7% at September 30, 2024.