v3.25.3
Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Lease Cost
Information concerning First Guaranty’s leases is as follows:

Nine Months Ended
September 30, 2025
Nine Months Ended
September 30, 2024
Weighted-average lease term (in years)13.514.5
Weighted-average discount rate7.9 %7.9 %
Schedule of Lessee, Minimum Lease Payments Under Non-Cancelable Operating Leases
The following table reports minimum lease payments under non-cancelable operating leases at September 30, 2025:

(in thousands)
2025$352 
20261,406 
20271,406 
20281,351 
20291,307 
Thereafter12,797 
Total lease payments18,619 
Less: interest(7,332)
Present value of lease liabilities$11,287