First Guaranty Bancshares FGBI Proceeds From Sale Of Other Real Estate
Proceeds From Sale Of Other Real Estate at other companies
Other financials
Where this comes from
Reported directly by First Guaranty Bancshares in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfOtherRealEstate.
The official record: First Guaranty Bancshares’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Guaranty Bancshares's proceeds from sale of other real estate?
- First Guaranty Bancshares (FGBI) reported proceeds from sale of other real estate of $7.06M in Q1 2026.
- How has First Guaranty Bancshares's proceeds from sale of other real estate changed year-over-year?
- First Guaranty Bancshares's proceeds from sale of other real estate increased by 5330.8% year-over-year, from $130K to $7.06M.
- What is the long-term trend for First Guaranty Bancshares's proceeds from sale of other real estate?
- Over 3 years (2021 to 2024), First Guaranty Bancshares's proceeds from sale of other real estate has grown at a -10.5% compound annual growth rate (CAGR), from $1.33M to $953K.
- What does proceeds from sale of other real estate mean?
- This reflects the cash proceeds received from the sale of properties previously acquired through foreclosure or loan settlement processes. It is a key indicator of the bank's ability to convert non-earning assets back into cash. High proceeds suggest effective asset management and successful resolution of troubled loans.