First Guaranty Bancshares (FGBI) 10-Q 10 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	May 09, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-37621
Entity Registrant Name	FIRST GUARANTY BANCSHARES, INC.
Entity Incorporation, State or Country Code	LA
Entity Tax Identification Number	26-0513559
Entity Address, Address Line One	400 East Thomas Street
Entity Address, City or Town	Hammond,
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70401
City Area Code	(985)
Local Phone Number	345-7685
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		10,716,796
Entity Central Index Key	0001408534
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $1 par value
Trading Symbol	FGBI
Security Exchange Name	NASDAQ
Noncumulative Preferred Stock
Document Information [Line Items]
Title of 12(b) Security	Depository Shares (each representing a 1/40th interest in a share of 6.75% Series A Fixed-Rate Non-Cumulative perpetual preferred stock)
Trading Symbol	FGBIP
Security Exchange Name	NASDAQ

CONSOLIDATED BALANCE SHEETS (un

CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Cash and cash equivalents:
Cash and due from banks	$ 168,456	$ 82,796
Federal funds sold	479	423
Cash and cash equivalents	168,935	83,219
Investment securities:
Available for sale, at fair value	81,060	131,458
Held to maturity, at cost and net of allowance for credit losses of $100 and $0 (estimated fair value of $254,284 and $242,560 respectively)	320,248	320,068
Investment securities	401,308	451,526
Federal Home Loan Bank stock, at cost	4,523	6,528
Loans held for sale	0	0
Loans, net of unearned income	2,574,242	2,519,077
Less: allowance for credit losses	31,468	23,518
Net loans	2,542,774	2,495,559
Premises and equipment, net	58,600	58,206
Goodwill	12,900	12,900
Intangible assets, net	4,770	4,979
Other real estate, net	887	113
Accrued interest receivable	15,332	13,002
Other assets	27,767	25,315
Total Assets	3,237,796	3,151,347
Deposits:
Noninterest-bearing demand	519,028	524,415
Interest-bearing demand	1,531,321	1,460,259
Savings	206,008	205,760
Time	606,231	533,358
Total deposits	2,862,588	2,723,792
Short-term advances from Federal Home Loan Bank	50,000	120,000
Short-term borrowings	20,000	20,000
Repurchase agreements	6,606	6,442
Accrued interest payable	4,608	4,289
Long-term advances from Federal Home Loan Bank	20,000	0
Senior long-term debt	21,116	21,927
Junior subordinated debentures	15,000	15,000
Other liabilities	9,202	4,906
Total Liabilities	3,009,120	2,916,356
Preferred stock, Series A - $1,000 par value - 100,000 shares authorized
Non-cumulative perpetual; 34,500 shares issued and outstanding	33,058	33,058
Common stock, $1 par value - 100,600,000 shares authorized and 10,716,796 shares issued	10,717	10,717
Surplus	130,093	130,093
Retained earnings	69,622	76,351
Accumulated other comprehensive (loss) income	(14,814)	(15,228)
Total Shareholders' Equity	228,676	234,991
Total Liabilities and Shareholders' Equity	$ 3,237,796	$ 3,151,347

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Held to maturity, allowance for credit losses	$ 100	$ 0
Held to maturity, fair value	$ 254,284	$ 242,560
Preferred stock, par value (in dollars per share)	$ 1,000	$ 1,000
Preferred stock, shares authorized (in shares)	100,000	100,000
Preferred stock, shares issued (in shares)	34,500	34,500
Preferred stock, shares outstanding (in shares)	34,500	34,500
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	100,600,000	100,600,000
Common stock, shares, issued (in shares)	10,716,796	10,716,796

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Interest Income:
Loans (including fees)	$ 38,149	$ 28,038
Deposits with other banks	751	102
Securities (including FHLB stock)	2,387	2,339
Total Interest Income	41,287	30,479
Interest Expense:
Demand deposits	13,049	2,276
Savings deposits	579	61
Time deposits	3,576	2,755
Borrowings	1,782	404
Total Interest Expense	18,986	5,496
Net Interest Income	22,301	24,983
Less: Provision for credit losses	314	632
Net Interest Income after Provision for Credit Losses	21,987	24,351
Noninterest Income:
Service charges, commissions and fees	785	777
ATM and debit card fees	825	823
Net gains (losses) on securities	0	(17)
Net gains (losses) on sale of loans	12	(1)
Other	1,082	380
Total Noninterest Income	2,704	1,962
Noninterest Expense:
Salaries and employee benefits	10,004	8,980
Occupancy and equipment expense	2,202	2,201
Other	7,960	5,570
Total Noninterest Expense	20,166	16,751
Income Before Income Taxes	4,525	9,562
Less: Provision for income taxes	1,057	1,977
Net Income	3,468	7,585
Less: Preferred stock dividends	582	582
Net Income Available to Common Shareholders	$ 2,886	$ 7,003
Per Common Share:
Earnings (in dollars per share)	$ 0.27	$ 0.65
Cash dividends paid (in dollars per share)	$ 0.16	$ 0.16
Weighted Average Common Shares Outstanding (in shares)	10,716,796	10,716,796

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net Income	$ 3,468	$ 7,585
Unrealized gains (losses) on securities:
Unrealized holding gains (losses) arising during the period	524	(9,416)
Reclassification adjustments for (gains) losses included in net income	0	17
Change in unrealized gains (losses) on securities	524	(9,399)
Tax impact	(110)	1,974
Other comprehensive income (loss)	414	(7,425)
Comprehensive Income	$ 3,882	$ 160

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) - USD ($) $ in Thousands	Total	Cumulative effect of adoption of ASC Topic 326, net of tax	Preferred Stock $1,000 Par	Common Stock $1 Par	Surplus	Retained Earnings	Retained Earnings Cumulative effect of adoption of ASC Topic 326, net of tax	Accumulated Other Comprehensive Income/(Loss)
Beginning balance at Dec. 31, 2021	$ 223,889		$ 33,058	$ 10,717	$ 130,093	$ 56,654		$ (6,633)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,585					7,585
Other comprehensive income (loss)	(7,425)							(7,425)
Preferred stock dividends	(582)					(582)
Cash dividends on common stock	(1,715)					(1,715)
Ending balance at Mar. 31, 2022	221,752		33,058	10,717	130,093	61,942		(14,058)
Beginning balance at Dec. 31, 2021	223,889		33,058	10,717	130,093	56,654		(6,633)
Ending balance at Dec. 31, 2022	$ 234,991	$ (7,900)	33,058	10,717	130,093	76,351	$ (7,900)	(15,228)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2016-13 [Member]
Net income	$ 3,468					3,468
Other comprehensive income (loss)	414							414
Preferred stock dividends	(582)					(582)
Cash dividends on common stock	(1,715)					(1,715)
Ending balance at Mar. 31, 2023	$ 228,676		$ 33,058	$ 10,717	$ 130,093	$ 69,622		$ (14,814)

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]
Preferred stock, par value (in dollars per share)	$ 1,000		$ 1,000
Common stock, par value (in dollars per share)	1		$ 1
Cash dividends paid (in dollars per share)	$ 0.16	$ 0.16

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash Flows From Operating Activities
Net income	$ 3,468	$ 7,585
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	314	632
Depreciation and amortization	1,011	630
Amortization/Accretion of investments	267	164
(Gain) loss on sale/call of securities	0	17
(Gain) loss on sale of assets	(23)	1
Repossessed asset write downs, gains and losses on dispositions	0	9
FHLB stock dividends	(62)	(1)
Change in other assets and liabilities, net	(943)	(711)
Net Cash Provided By Operating Activities	4,032	8,326
Cash Flows From Investing Activities
Proceeds from maturities, calls and sales of AFS securities	50,373	3,426
Funds invested in AFS securities	0	(101,807)
Funds invested in Federal Home Loan Bank stock	(358)	0
Proceeds from sale/redemption of Federal Home Loan Bank stock	2,425	0
Net increase in loans	(55,500)	(70,752)
Purchase of premises and equipment	(1,117)	(533)
Proceeds from sales of premises and equipment	11	0
Proceeds from sales of other real estate owned	0	686
Net Cash Used In Investing Activities	(4,166)	(168,980)
Cash Flows From Financing Activities
Net increase in deposits	138,796	27,443
Net (decrease) increase in federal funds purchased and short-term borrowings	(69,836)	9,664
Proceeds from long-term borrowings	20,000	0
Repayment of long-term borrowings	(813)	(3,346)
Dividends paid on preferred stock	(582)	(582)
Dividends paid on common stock	(1,715)	(1,715)
Net Cash Provided By Financing Activities	85,850	31,464
Net Increase (Decrease) In Cash and Cash Equivalents	85,716	(129,190)
Cash and Cash Equivalents at the Beginning of the Period	83,219	261,932
Cash and Cash Equivalents at the End of the Period	168,935	132,742
Noncash Activities:
Acquisition of real estate in settlement of loans	774	477
Transfer of securities from AFS to HTM	0	176,181
Cash Paid During The Period:
Interest on deposits and borrowed funds	18,667	6,392
Federal
Cash Paid During The Period:
Income taxes paid	0	0
State
Cash Paid During The Period:
Income taxes paid	$ 0	$ 0

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles. The consolidated financial statements and the footnotes of First Guaranty Bancshares, Inc. ("First Guaranty") thereto should be read in conjunction with the audited consolidated financial statements and note disclosures for First Guaranty previously filed with the Securities and Exchange Commission in First Guaranty's Annual Report on Form 10-K for the year ended December 31, 2022. The consolidated financial statements include the accounts of First Guaranty Bancshares, Inc. and its wholly owned subsidiary First Guaranty Bank (the "Bank"). All significant intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary for a fair presentation of the consolidated financial statements. Those adjustments are of a normal recurring nature. The results of operations at March 31, 2023 and for the three month periods ended March 31, 2023 and 2022 are not necessarily indicative of the results expected for the full year or any other interim period. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near-term relate to the determination of the allowance for credit losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of investment securities.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Standards Adopted in 2023 First Guaranty adopted FASB ASC Topic 326 “ Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments ” Update No. 2016-13 ( “ ASU 2016-13 ” ). ASU 2016 - 13 on January 1, 2023. ASU 2016 - 13, referred to as the Current Expected Credit Loss (“CECL”) standard, requires financial assets measured on an amortized cost basis, including loans and held-to-maturity debt securities, to be presented at an amount net of an allowance for credit losses, which reflects expected losses for the full life of the financial asset. Unfunded lending commitments are also within the scope of this topic. Under prior GAAP losses were not recognized until the occurrence of the loss was probable. CECL requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts and requires enhanced disclosures related to the significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. The CECL methodology requires that lifetime expected credit losses be recorded at the time the financial asset is originated or acquired, and be adjusted each period as a provision for credit losses for changes in expected lifetime credit losses. ASU 2016 - 13 does not specify the method for measuring expected credit losses, and an entity is allowed to apply methods that reasonably reflect its expectations of the lifetime credit loss estimate. First Guaranty developed a CECL model methodology that calculates expected credit losses over the life of the portfolio by analyzing the composition, characteristics and quality of the loan and securities portfolios, as well as prevailing economic conditions and forecasts. First Guaranty’s CECL calculation estimates loan losses using a combination of discounted cash flow and remaining life analyses. First Guaranty adopted ASU 2016 - 13 using the modified retrospective approach for all loans and off-balance sheet credit exposures measured at amortized cost, other than purchased credit deteriorated (“PCD”) financial assets. Results for reporting periods beginning after December 31, 2022 are presented in accordance with A SU 2016 - 13 while prior period amounts continue to be reported in accordance with previously applicable GAAP. ASU 2016 - 13 also amended the accounting model for purchased financial assets and replaced the guidance for purchased credit impaired (“PCI”) financial assets with the concept of PCDs. For PCD assets, the CECL estimate is recognized through the allowance for credit losses with an offset to the amortized cost basis of the PCD asset at the date of acquisition. Subsequent changes in the allowance for credit losses for PCD assets are recognized through a provision for credit losses on loans. First Guaranty used the prospective transition approach for PCD loans that were previously classified as PCI and accounted for under ASC 310 - 30, “Loans and Debt Securities Acquired with Deteriorated Credit Quality” (“ASC 310 - 30” ). First Guaranty determined that certain PCI assets no longer met meet the criteria of PCD assets as of the date of adoption. First Guaranty adopted ASU 2016 - 13 on January 1, 2023, and recorded a one -time, cumulative effect adjustment as shown in the table below (dollars in thousands). December 31, 2022 Impact of ASU 2016-13 Adoption January 1, 2023 Assets: Allowance for credit losses $ (23,518) $ (8,220) $ (31,738) Deferred tax asset 6,420 2,100 8,520 Remaining purchase discount on loans (1,120) 1,120 — Liabilities: Reserve for unfunded loan commitments — (2,900) (2,900) Shareholders' Equity: Retained earnings 76,351 (7,900) 68,451 In addition, ASU 2016-13 amends the accounting for credit losses on available for sale (“AFS”) securities, requiring expected credit losses on AFS securities to be recorded in an allowance for credit losses rather than as a write-down of the securities’ amortized cost. Declines in the fair value of AFS securities that are not considered credit related are recognized in accumulated other comprehensive income. In addition, expected credit losses on held to maturity (“HTM”) securities are required to be recorded in an allowance for credit losses rather than as a write-down of the securities’ amortized cost basis. First Guaranty’s AFS securities portfolio was not materially impacted by the adoption of ASC 326. A $100,000 allowance for HTM securities was recorded at the adoption of ASC 326. The allowance for credit losses is measured on a pool basis when similar risk characteristics exist and is maintained at an amount which management believes is a current estimate of the expected credit losses for the full life of the relevant pool of loans and related unfunded lending commitments. For modeling purposes, loan pools include: Real Estate based pools for construction and land development, farmland, 1-4 family residential, multifamily, and non-farm non-residential and non-real-estate pools for agricultural, commercial and industrial, commercial leases and consumer and other. Management periodically reassesses each pool to confirm the loans within the pool continue to share similar characteristics and risk profiles and to determine whether further segmentation is necessary. The loss rates computed for each pool and expected pool-level funding rates are applied to the related unfunded lending commitments to calculate an allowance for credit losses. Loans that do not share similar risk characteristics with other loans are excluded from the loan pools and individually evaluated for impairment. Individually evaluated loans are loans for which it is probable that all the amounts due under the contractual terms of the loan will not be collected. FASB ASC Topic 326 “Financial Instruments – Credit Losses, Troubled Debt Restructurings and Vintage Disclosures” Update No. 2022-02 (“ASU 2022-02”). ASU 2022-02 became effective for First Guaranty on January 1, 2023 and is applied prospectively. ASU 2022-02 amends Topic 326 to eliminate the accounting guidance for troubled debt restructurings (“TDRs”) by creditors that have adopted ASU 2016-13 and, instead, requires that an entity evaluate whether the modification represents a new loan or a continuation of an existing loan. The amendment also requires that public business entities disclose current-period gross charge-offs by year of origination for financing receivables and net investments in leases. The adoption of ASU 2022-02 did not have a material impact on First Guaranty’s consolidated financial statements. Accounting Pronouncements Not Yet Adopted None.

Securities

Securities	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Securities	Securities A summary comparison of securities by type at March 31, 2023 and December 31, 2022 is shown below. March 31, 2023 December 31, 2022 (in thousands) Amortized Cost Gross Gross Fair Value Amortized Cost Gross Unrealized Gains Gross Fair Value Available for sale: U.S. Treasuries $ 50,453 $ — $ (1,564) $ 48,889 $ 100,642 $ — $ (2,142) $ 98,500 U.S. Government Agencies — — — — — — — — Corporate debt securities 16,750 — (1,145) 15,605 16,750 — (752) 15,998 Municipal bonds 14,388 18 (418) 13,988 14,742 31 (426) 14,347 Mortgage-backed securities 2,688 — (110) 2,578 2,711 — (98) 2,613 Total available for sale securities $ 84,279 $ 18 $ (3,237) $ 81,060 $ 134,845 $ 31 $ (3,418) $ 131,458 Held to maturity: U.S. Government Agencies $ 265,248 $ — $ (59,400) $ 205,848 $ 265,032 $ — $ (69,503) $ 195,529 Corporate debt securities 55,100 — (6,664) 48,436 55,036 — (8,005) 47,031 Total held to maturity securities $ 320,348 $ — $ (66,064) $ 254,284 $ 320,068 $ — $ (77,508) $ 242,560 The scheduled maturities of securities at March 31, 2023, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities due to calls or prepayments. Mortgage-backed securities are not due at a single maturity because of amortization and potential prepayment of the underlying mortgages. For this reason, they are presented separately in the maturity table below: At March 31, 2023 (in thousands) Amortized Cost Fair Value Available for sale: Due in one year or less $ 51,460 $ 49,892 Due after one year through five years 2,914 2,875 Due after five years through 10 years 20,039 18,885 Over 10 years 7,178 6,830 Subtotal 81,591 78,482 Mortgage-backed securities 2,688 2,578 Total available for sale securities $ 84,279 $ 81,060 Held to maturity: Due in one year or less $ — $ — Due after one year through five years 418 334 Due after five years through 10 years 81,491 70,534 Over 10 years 238,439 183,416 Total held to maturity securities $ 320,348 $ 254,284 At March 31, 2023, $171.2 million of First Guaranty's securities were pledged to secure public funds deposits and borrowings. The pledged securities had a market value of $135.1 million as of March 31, 2023. Accrued interest receivable on First Guaranty's investment securities was $2.5 million and $2.0 million at March 31, 2023 and December 31, 2022, respectively, and was included in accrued interest receivable on the consolidated balance sheet. First Guaranty had a $0.1 million allowance for credit losses related to the held to maturity portfolio. The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at March 31, 2023. At March 31, 2023 Less Than 12 Months 12 Months or More Total (in thousands) Number Fair Value Gross Number Fair Value Gross Number Fair Value Gross Available for sale: U.S. Treasuries — $ — $ — 3 $ 48,889 $ (1,564) 3 $ 48,889 $ (1,564) Corporate debt securities 9 7,677 (572) 7 7,927 (573) 16 15,604 (1,145) Municipal bonds 25 6,870 (176) 31 2,693 (242) 56 9,563 (418) Mortgage-backed securities 2 2,171 (72) 4 407 (38) 6 2,578 (110) Total available for sale securities 36 $ 16,718 $ (820) 45 $ 59,916 $ (2,417) 81 $ 76,634 $ (3,237) Held to maturity: U.S. Government Agencies — $ — $ — 29 $ 205,848 $ (59,400) 29 $ 205,848 $ (59,400) Corporate debt securities 1 91 (80) 58 48,345 (6,584) 59 48,436 (6,664) Total held to maturity securities 1 $ 91 $ (80) 87 $ 254,193 $ (65,984) 88 $ 254,284 $ (66,064) The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at December 31, 2022. At December 31, 2022 Less Than 12 Months 12 Months or More Total (in thousands) Number Fair Value Gross Number Fair Value Gross Number Fair Value Gross Available for sale: U.S. Treasuries — $ — $ — 6 $ 98,500 $ (2,142) 6 $ 98,500 $ (2,142) U.S. Government Agencies — — — — — — — — — Corporate debt securities 14 14,628 (622) 2 1,370 (130) 16 15,998 (752) Municipal bonds 46 5,854 (394) 6 673 (32) 52 6,527 (426) Mortgage-backed securities 3 2,608 (98) 4 5 — 7 2,613 (98) Total available for sale securities 63 $ 23,090 $ (1,114) 18 $ 100,548 $ (2,304) 81 $ 123,638 $ (3,418) Held to maturity: U.S. Government Agencies 13 $ 89,695 $ (21,724) 16 $ 105,834 $ (47,779) 29 $ 195,529 $ (69,503) Corporate debt securities 59 47,031 (8,005) — — — 59 47,031 (8,005) Total held to maturity securities 72 $ 136,726 $ (29,729) 16 $ 105,834 $ (47,779) 88 $ 242,560 $ (77,508) As of March 31, 2023, 169 of First Guaranty's debt securities had unrealized losses totaling 17.3% of the individual securities' amortized cost basis and 17.1% of First Guaranty's total amortized cost basis of the investment securities portfolio. 132 of the 169 securities had been in a continuous loss position for over 12 months at such date. The 132 securities had an aggregate amortized cost basis of $382.5 million and an unrealized loss of $68.4 million at March 31, 2023. Management has the intent and ability to hold these debt securities until maturity or until anticipated recovery. Securities are evaluated for other-than-temporary impairment at least quarterly and more frequently when economic or market conditions warrant such evaluation. Consideration is given to (i) the length of time and the extent to which the fair value has been less than cost, (ii) the financial condition and near-term prospects of the issuer, (iii) the recovery of contractual principal and interest and (iv) the intent and ability of First Guaranty to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Investment securities issued by the U.S. Government and Government sponsored enterprises with unrealized losses and the amount of unrealized losses on those investment securities that are the result of changes in market interest rates will not be other-than-temporarily impaired. First Guaranty has the ability and intent to hold these securities until recovery, which may not be until maturity. Corporate debt securities in a loss position consist primarily of corporate bonds issued by businesses in the financial, insurance, utility, manufacturing, industrial, consumer products and oil and gas industries. There were no securities with an other-than-temporary impairment loss at March 31, 2023. First Guaranty believes that the remaining issuers will be able to fulfill the obligations of these securities based on evaluations described above. First Guaranty has the ability and intent to hold these securities until they recover, which could be at their maturity dates. There were no other-than-temporary impairment losses recognized on securities during the three months ended March 31, 2023 and 2022. In the first three months of 2023 there were no other-than-temporary impairment credit losses on securities for which we had previously recognized OTTI. For securities that have indications of credit related impairment, management analyzes future expected cash flows to determine if any credit related impairment is evident. Estimated cash flows are determined using management's best estimate of future cash flows based on specific assumptions. The assumptions used to determine the cash flows were based on estimates of loss severity and credit default probabilities. Management reviews reports from credit rating agencies and public filings of issuers. At March 31, 2023, First Guaranty's exposure to bond issuers that exceeded 10% of shareholders' equity is below: At March 31, 2023 (in thousands) Amortized Cost Fair Value U.S. Government Treasuries (U.S.) $ 50,453 $ 48,889 Federal Home Loan Bank (FHLB) 32,117 26,188 Federal Home Loan Mortgage Corporation (Freddie Mac-FHLMC) 97,458 71,031 Federal Farm Credit Bank (FFCB) 138,360 111,206 Total $ 318,388 $ 257,314

Loans

Loans	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Loans	Loans The following table summarizes the components of First Guaranty's loan portfolio as of March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 (in thousands except for %) Balance As % of Category Balance As % of Category Real Estate: Construction & land development $ 289,486 11.2 % $ 233,091 9.2 % Farmland 23,065 0.9 % 24,823 1.0 % 1- 4 Family 385,984 14.9 % 366,330 14.5 % Multifamily 120,620 4.7 % 119,785 4.7 % Non-farm non-residential 1,027,199 39.8 % 992,929 39.3 % Total Real Estate 1,846,354 71.5 % 1,736,958 68.7 % Non-Real Estate: Agricultural 40,351 1.6 % 39,045 1.5 % Commercial and industrial (1) 344,332 13.3 % 385,279 15.3 % Commercial leases 302,450 11.7 % 317,574 12.6 % Consumer and other 49,157 1.9 % 47,864 1.9 % Total Non-Real Estate 736,290 28.5 % 789,762 31.3 % Total Loans Before Unearned Income 2,582,644 100.0 % 2,526,720 100.0 % Unearned income (8,402) (7,643) Total Loans Net of Unearned Income $ 2,574,242 $ 2,519,077 (1) Includes PPP loans fully guaranteed by the SBA of $5.7 million and $5.9 million at March 31, 2023 and December 31, 2022, respectively. Accrued interest receivable on First Guaranty's loans totaled $12.8 million and $11.0 million at March 31, 2023 and December 31, 2022, respectively, and is included in accrued interest receivable on the consolidated balance sheet. Accrued interest receivable is excluded from First Guaranty's estimate of the allowance for credit losses. The following table summarizes fixed and floating rate loans by contractual maturity, excluding nonaccrual loans, as of March 31, 2023 and December 31, 2022 unadjusted for scheduled principal payments, prepayments, or repricing opportunities. The average life of the loan portfolio may be substantially less than the contractual terms when these adjustments are considered. March 31, 2023 December 31, 2022 (in thousands) Fixed Floating Total Fixed Floating Total One year or less $ 249,442 $ 129,318 $ 378,760 $ 234,921 $ 137,203 $ 372,124 More than one to five years 905,950 293,469 1,199,419 900,960 339,894 1,240,854 More than five to 15 years 108,655 225,843 334,498 114,425 216,251 330,676 Over 15 years 263,101 391,197 654,298 261,209 308,291 569,500 Subtotal $ 1,527,148 $ 1,039,827 2,566,975 $ 1,511,515 $ 1,001,639 2,513,154 Nonaccrual loans 15,669 13,566 Total Loans Before Unearned Income 2,582,644 2,526,720 Unearned income (8,402) (7,643) Total Loans Net of Unearned Income $ 2,574,242 $ 2,519,077 Included in floating rate loans are loans that adjust to a floating rate following an initial fixed rate period. The initial fixed rate periods are typically one, three, or five years. The following tables present the age analysis of past due loans at March 31, 2023 and December 31, 2022: As of March 31, 2023 (in thousands) 30-89 Days Past Due 90 Days or Greater Total Past Due Current Total Loans Recorded Investment Real Estate: Construction & land development $ 2,051 $ 411 $ 2,462 $ 287,024 $ 289,486 $ 190 Farmland 421 677 1,098 21,967 23,065 — 1- 4 family 6,130 6,209 12,339 373,645 385,984 — Multifamily 537 — 537 120,083 120,620 — Non-farm non-residential 18,424 4,316 22,740 1,004,459 1,027,199 1,641 Total Real Estate 27,563 11,613 39,176 1,807,178 1,846,354 1,831 Non-Real Estate: Agricultural 87 1,469 1,556 38,795 40,351 — Commercial and industrial 3,261 7,270 10,531 333,801 344,332 6,244 Commercial leases — 1,799 1,799 300,651 302,450 — Consumer and other 1,433 1,593 3,026 46,131 49,157 — Total Non-Real Estate 4,781 12,131 16,912 719,378 736,290 6,244 Total Loans Before Unearned Income $ 32,344 $ 23,744 $ 56,088 $ 2,526,556 $ 2,582,644 $ 8,075 Unearned income (8,402) Total Loans Net of Unearned Income $ 2,574,242 As of December 31, 2022 (in thousands) 30-89 Days Past Due 90 Days or Greater Total Past Due Current Total Loans Recorded Investment Real Estate: Construction & land development $ 1,029 $ 652 $ 1,681 $ 231,410 $ 233,091 $ 427 Farmland 357 290 647 24,176 24,823 — 1- 4 family 4,512 4,158 8,670 357,660 366,330 332 Multifamily 874 157 1,031 118,754 119,785 157 Non-farm non-residential 1,133 3,849 4,982 987,947 992,929 103 Total Real Estate 7,905 9,106 17,011 1,719,947 1,736,958 1,019 Non-Real Estate: Agricultural 120 1,622 1,742 37,303 39,045 — Commercial and industrial 1,369 942 2,311 382,968 385,279 123 Commercial leases — 1,799 1,799 315,775 317,574 — Consumer and other 1,997 1,239 3,236 44,628 47,864 — Total Non-Real Estate 3,486 5,602 9,088 780,674 789,762 123 Total Loans Before Unearned Income $ 11,391 $ 14,708 $ 26,099 $ 2,500,621 $ 2,526,720 $ 1,142 Unearned income (7,643) Total Loans Net of Unearned Income $ 2,519,077 The tables above include $15.7 million and $13.6 million of nonaccrual loans at March 31, 2023 and December 31, 2022, respectively. See the tables below for more detail on nonaccrual loans. The following is a summary of nonaccrual loans by class at the dates indicated: As of March 31, 2023 (in thousands) With Related Allowance Without Related Allowance Total Real Estate: Construction & land development $ 221 $ — $ 221 Farmland 320 357 677 1- 4 family 3,784 2,425 6,209 Multifamily — — — Non-farm non-residential 1,598 1,077 2,675 Total Real Estate 5,923 3,859 9,782 Non-Real Estate: Agricultural 530 939 1,469 Commercial and industrial 1,026 — 1,026 Commercial leases — 1,799 1,799 Consumer and other 1,593 — 1,593 Total Non-Real Estate 3,149 2,738 5,887 Total Nonaccrual Loans $ 9,072 $ 6,597 $ 15,669 (in thousands) As of December 31, 2022 Real Estate: Construction & land development $ 225 Farmland 290 1- 4 family 3,826 Multifamily — Non-farm non-residential 3,746 Total Real Estate 8,087 Non-Real Estate: Agricultural 1,622 Commercial and industrial 819 Commercial leases 1,799 Consumer and other 1,239 Total Non-Real Estate 5,479 Total Nonaccrual Loans $ 13,566 The following table presents First Guaranty's loan portfolio by credit quality classification and origination year as of the date indicated: As of March 31, 2023 Term Loans by Origination Year (in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Total Real Estate: Construction & land development: Pass $ 32,732 $ 131,135 $ 81,513 $ 4,027 $ 10,328 10,717 $ 14,987 $ 285,439 Special Mention — 1,432 250 — 100 1,127 — 2,909 Substandard — 609 142 — 384 3 — 1,138 Doubtful — — — — — — — — Total Construction & land development 32,732 133,176 81,905 4,027 10,812 11,847 14,987 289,486 Current period gross charge-offs — — — — — — — — Farmland Pass 141 4,343 4,951 2,610 516 2,712 2,536 17,809 Special Mention — 200 — — — — — 200 Substandard — 91 15 4,017 126 763 44 5,056 Doubtful — — — — — — — — Total Farmland 141 4,634 4,966 6,627 642 3,475 2,580 23,065 Current period gross charge-offs — — — — — — — — 1- 4 family Pass 20,698 91,438 77,063 45,378 22,972 94,437 13,924 365,910 Special Mention 236 1,468 1,449 1,834 583 2,026 333 7,929 Substandard 344 1,122 2,124 691 2,449 4,483 932 12,145 Doubtful — — — — — — — — Total 1- 4 family 21,278 94,028 80,636 47,903 26,004 100,946 15,189 385,984 Current period gross charge-offs — — — — — 33 — 33 Multifamily Pass 2,635 74,858 6,302 15,429 1,902 14,678 2,141 117,945 Special Mention — — — 439 — — — 439 Substandard — — — — — 2,236 — 2,236 Doubtful — — — — — — — — Total Multifamily 2,635 74,858 6,302 15,868 1,902 16,914 2,141 120,620 Current period gross charge-offs — — — — — — — — Non-farm non-residential Pass 51,449 264,493 141,894 110,105 110,126 279,191 46,697 1,003,955 Special Mention — 1,989 45 2,741 6,395 5,242 192 16,604 Substandard 166 1,259 1,062 1,362 — 2,791 — 6,640 Doubtful — — — — — — — — Total non-farm non-residential 51,615 267,741 143,001 114,208 116,521 287,224 46,889 1,027,199 Current period gross charge-offs — — — 138 — — — 138 Total Real Estate 108,401 574,437 316,810 188,633 155,881 420,406 81,786 1,846,354 Non-Real Estate: Agricultural Pass 470 12,698 4,724 1,547 2,130 2,134 13,701 37,404 Special Mention — 4 — 121 42 — 22 189 Substandard — — 284 169 — 2,244 61 2,758 Doubtful — — — — — — — — Total Agricultural 470 12,702 5,008 1,837 2,172 4,378 13,784 40,351 Current period gross charge-offs — — — — — — — — Commercial and industrial Pass 1,287 42,317 75,520 62,141 9,034 21,418 122,155 333,872 Special Mention — 83 320 264 — 43 1,201 1,911 Substandard — 499 240 716 28 1,194 5,872 8,549 Doubtful — — — — — — — — Total Commercial and industrial 1,287 42,899 76,080 63,121 9,062 22,655 129,228 344,332 Current period gross charge-offs — 5 — 39 — — — 44 Commercial leases Pass — 146,937 111,681 8,624 8,454 2,019 10,275 287,990 Special Mention — 10,615 2,046 — — — — 12,661 Substandard — 1,799 — — — — — 1,799 Doubtful — — — — — — — — Total Commercial leases — 159,351 113,727 8,624 8,454 2,019 10,275 302,450 Current period gross charge-offs — — — — — — — — Consumer and other loans Pass 6,086 16,094 9,139 6,952 750 7,341 64 46,426 Special Mention — 284 397 150 29 19 — 879 Substandard — 531 718 459 77 67 — 1,852 Doubtful — — — — — — — — Total Consumer and other loans 6,086 16,909 10,254 7,561 856 7,427 64 49,157 Current period gross charge-offs 108 248 309 87 3 3 — 758 Total Non-Real Estate 7,843 231,861 205,069 81,143 20,544 36,479 153,351 736,290 Total Loans Before Unearned Income $ 116,244 $ 806,298 $ 521,879 $ 269,776 $ 176,425 $ 456,885 $ 235,137 2,582,644 Unearned income (8,402) Total Loans Net of Unearned Income $ 2,574,242 Total Current Period Gross Charge-offs $ 108 $ 253 $ 309 $ 264 $ 3 $ 36 $ — $ 973 The following table identifies the credit exposure of the loan portfolio, including loans acquired with deteriorated credit quality, by specific credit ratings as of the date indicated: As of December 31, 2022 (in thousands) Pass Special Mention Substandard Doubtful Total Real Estate: Construction & land development $ 229,416 $ 2,846 $ 829 $ — $ 233,091 Farmland 19,722 35 5,066 — 24,823 1- 4 family 347,842 8,667 9,821 — 366,330 Multifamily 117,081 444 2,260 — 119,785 Non-farm 968,861 15,071 8,997 — 992,929 Total Real Estate 1,682,922 27,063 26,973 — 1,736,958 Non-Real Estate: Agricultural 34,827 198 4,020 — 39,045 Commercial and industrial 374,947 2,016 8,316 — 385,279 Commercial leases 315,775 — 1,799 — 317,574 Consumer and other 45,225 1,031 1,608 — 47,864 Total Non-Real Estate 770,774 3,245 15,743 — 789,762 Total Loans Before Unearned Income $ 2,453,696 $ 30,308 $ 42,716 $ — 2,526,720 Unearned income (7,643) Total Loans Net of Unearned Income $ 2,519,077 Purchased Credit Deteriorated Loans As part of the acquisition of Union Bancshares, Incorporated on November 7, 2019 and Premier Bancshares, Inc. on June 16, 2017, First Guaranty purchased credit deteriorated loans for which there was, at acquisition, evidence of deterioration of credit quality since their origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans is as follows at December 31, 2022. (in thousands) As of December 31, 2022 Real Estate: Construction & land development $ 301 Farmland — 1- 4 family 1,311 Multifamily — Non-farm non-residential 1,904 Total Real Estate 3,516 Non-Real Estate: Agricultural — Commercial and industrial 742 Commercial leases — Consumer and other — Total Non-Real Estate 742 Total $ 4,258

Allowance for Credit Losses on

Allowance for Credit Losses on Loans	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Allowance for Credit Losses on Loans	Allowance for Credit Losses on Loans A summary of changes in the allowance for credit losses, by portfolio type, for the three months ended March 31, 2023 and 2022 are as follows: For the Three Months Ended March 31, 2023 (in thousands) Beginning Allowance (12/31/2022) ASC 326 Adoption Day 1 Adjustment Charge-offs Recoveries Provision Ending Allowance (3/31/2023) Real Estate: Construction & land development $ 1,232 $ 1,891 $ — $ — $ 779 $ 3,902 Farmland 83 (39) — — (6) 38 1- 4 family 1,761 3,465 (33) 3 253 5,449 Multifamily 746 1,418 — — 194 2,358 Non-farm non-residential 9,280 307 (138) 34 561 10,044 Total Real Estate 13,102 7,042 (171) 37 1,781 21,791 Non-Real Estate: Agricultural 240 (98) — 167 (166) 143 Commercial and industrial 2,194 2,971 (44) 154 (1,021) 4,254 Commercial leases 4,879 (162) — — (2,280) 2,437 Consumer and other 2,506 (1,042) (758) 131 860 1,697 Unallocated 597 (591) — — 1,140 1,146 Total Non-Real Estate 10,416 1,078 (802) 452 (1,467) 9,677 Total $ 23,518 $ 8,120 $ (973) $ 489 $ 314 $ 31,468 For the Three Months Ended March 31, 2022 (in thousands) Beginning Allowance (12/31/2021) Charge-offs Recoveries Provision Ending Allowance (3/31/2022) Real Estate: Construction & land development $ 769 $ (65) $ 16 $ 21 $ 741 Farmland 478 — — (15) 463 1- 4 family 1,921 (36) 8 (27) 1,866 Multifamily 940 — 1 20 961 Non-farm non-residential 12,730 (73) 132 434 13,223 Total Real Estate 16,838 (174) 157 433 17,254 Non-Real Estate: Agricultural 183 (119) — 82 146 Commercial 2,363 (132) 48 61 2,340 Commercial leases 2,486 — — (39) 2,447 Consumer and other 1,371 (411) 114 332 1,406 Unallocated 788 — — (237) 551 Total Non-Real Estate 7,191 (662) 162 199 6,890 Total $ 24,029 $ (836) $ 319 $ 632 $ 24,144 Negative provisions are caused by changes in the composition and credit quality of the loan portfolio and by recoveries. The result is an allocation of the credit loss reserve from one category to another. A summary of the allowance along with loans and leases individually and collectively evaluated are as follows: As of March 31, 2023 (in thousands) Allowance Allowance Total Allowance Loans Loans Total Loans Real Estate: Construction & land development $ — $ 3,902 $ 3,902 $ 68 $ 289,418 $ 289,486 Farmland — 38 38 4,692 18,373 23,065 1- 4 family — 5,449 5,449 2,997 382,987 385,984 Multifamily — 2,358 2,358 — 120,620 120,620 Non-farm non-residential 827 9,217 10,044 4,801 1,022,398 1,027,199 Total Real Estate 827 20,964 21,791 12,558 1,833,796 1,846,354 Non-Real Estate: Agricultural — 143 143 1,564 38,787 40,351 Commercial and industrial 578 3,676 4,254 6,789 337,543 344,332 Commercial leases — 2,437 2,437 1,799 300,651 302,450 Consumer and other — 1,697 1,697 — 49,157 49,157 Unallocated — 1,146 1,146 — — — Total Non-Real Estate 578 9,099 9,677 10,152 726,138 736,290 Total $ 1,405 $ 30,063 $ 31,468 $ 22,710 $ 2,559,934 2,582,644 Unearned Income (8,402) Total Loans Net of Unearned Income $ 2,574,242 All loans individually evaluated for impairment as of March 31, 2023 were considered collateral dependent loans. As of December 31, 2022 (in thousands) Allowance Allowance Individually Evaluated for Purchased Credit-Impairment Allowance Total Allowance Loans Loans Individually Evaluated for Purchased Credit-Impairment Loans Total Loans Real Estate: Construction & land development $ — $ — $ 1,232 $ 1,232 $ 68 $ 301 $ 232,722 $ 233,091 Farmland — — 83 83 4,240 — 20,583 24,823 1- 4 family — — 1,761 1,761 949 1,311 364,070 366,330 Multifamily — — 746 746 — — 119,785 119,785 Non-farm non-residential 666 512 8,102 9,280 4,095 1,904 986,930 992,929 Total Real Estate 666 512 11,924 13,102 9,352 3,516 1,724,090 1,736,958 Non-Real Estate: Agricultural — — 240 240 2,366 — 36,679 39,045 Commercial and industrial 412 212 1,570 2,194 5,919 742 378,618 385,279 Commercial leases 1,799 — 3,080 4,879 1,799 — 315,775 317,574 Consumer and other — — 2,506 2,506 — — 47,864 47,864 Unallocated — — 597 597 — — — — Total Non-Real Estate 2,211 212 7,993 10,416 10,084 742 778,936 789,762 Total $ 2,877 $ 724 $ 19,917 $ 23,518 $ 19,436 $ 4,258 $ 2,503,026 2,526,720 Unearned Income (7,643) Total loans net of unearned income $ 2,519,077 A loan is considered impaired when, based on current information and events, it is probable that First Guaranty will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Payment status, collateral value and the probability of collecting scheduled principal and interest payments when due are considered in evaluating loan impairment. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. The following is a summary of impaired loans, excluding loans acquired with deteriorated credit quality, by class as of the date indicated: As of December 31, 2022 (in thousands) Recorded Unpaid Related Average Interest Income Impaired Loans with no related allowance: Real Estate: Construction & land development $ 68 $ 68 $ — $ 68 $ — Farmland 4,240 4,240 — 4,242 51 1- 4 family 949 949 — 949 5 Multifamily — — — — — Non-farm non-residential 1,814 1,814 — 1,817 56 Total Real Estate 7,071 7,071 — 7,076 112 Non-Real Estate: Agricultural 2,366 2,521 — 2,366 7 Commercial and industrial 4,871 4,988 — 4,988 33 Commercial leases — — — — — Consumer and other — — — — — Total Non-Real Estate 7,237 7,509 — 7,354 40 Total Impaired Loans with no related allowance 14,308 14,580 — 14,430 152 Impaired Loans with an allowance recorded: Real Estate: Construction & land development — — — — — Farmland — — — — — 1- 4 family — — — — — Multifamily — — — — — Non-farm non-residential 2,281 2,855 666 2,279 5 Total Real Estate 2,281 2,855 666 2,279 5 Non-Real Estate: Agricultural — — — — — Commercial and industrial 1,048 1,048 412 1,112 35 Commercial leases 1,799 1,812 1,799 1,817 27 Consumer and other — — — — — Total Non-Real Estate 2,847 2,860 2,211 2,929 62 Total Impaired Loans with an allowance recorded 5,128 5,715 2,877 5,208 67 Total Impaired Loans $ 19,436 $ 20,295 $ 2,877 $ 19,638 $ 219

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill and intangible assets deemed to have indefinite lives are no longer amortized but are subject to impairment testing. Other intangible assets continue to be amortized over their useful lives. First Guaranty's goodwill is the difference in purchase price over the fair value of net assets acquired from its acquisition of Homestead Bancorp in 2007, Premier Bancshares, Inc. in 2017 and Union Bancshares, Incorporated in 2019. Goodwill totaled $12.9 million at March 31, 2023 and December 31, 2022. No impairment charges have been recognized on First Guaranty's intangible assets since acquisition. Loan servicing assets totaled $0.6 million at March 31, 2023 and December 31, 2022. Other intangible assets recorded include core deposit intangibles, which are subject to amortization. The weighted-average amortization period remaining for First Guaranty's core deposit intangibles is 6 years at March 31, 2023. The core deposits intangible reflect the value of deposit relationships, including the beneficial rates, which arose from acquisitions.

Other Real Estate (ORE)

Other Real Estate (ORE)	3 Months Ended
	Mar. 31, 2023
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) March 31, 2023 December 31, 2022 Real Estate Owned Acquired by Foreclosure: Residential $ 113 $ 113 Construction & land development — — Non-farm non-residential 774 — Total Other Real Estate Owned and Foreclosed Property 887 113 Allowance — — Net Other Real Estate Owned and Foreclosed Property $ 887 $ 113

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Off-balance sheet commitments First Guaranty is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit and standby and commercial letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The contract or notional amounts of those instruments reflect the extent of the involvement in particular classes of financial instruments. The exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby and commercial letters of credit is represented by the contractual notional amount of those instruments. The same credit policies are used in making commitments and conditional obligations as it does for balance sheet instruments. Unless otherwise noted, collateral or other security is not required to support financial instruments with credit risk. Below is a summary of the notional amounts of the financial instruments with off-balance sheet risk at March 31, 2023 and December 31, 2022: Contract Amount (in thousands) March 31, 2023 December 31, 2022 Commitments to Extend Credit $ 308,941 $ 246,968 Unfunded Commitments under lines of credit $ 239,504 $ 253,906 Commercial and Standby letters of credit $ 14,126 $ 14,222 Allowance For Credit Losses - Off- Balance-Sheet Credit Exposures The provision for credit losses on unfunded commitments was $0 for the three months ended March 31, 2023. The ACL on off-balance-sheet credit exposures total $2.9 million at January 1, 2023 upon the adoption of ASC 326, and at March 31, 2023 and is included in other liabilities on the accompanying consolidated balance sheets. Litigation First Guaranty is subject to various legal proceedings in the normal course of its business. First Guaranty assesses its liabilities and contingencies in connection with outstanding legal proceedings. Where it is probable that First Guaranty will incur a loss and the amount of the loss can be reasonably estimated, First Guaranty records a liability in its consolidated financial statements. First Guaranty does not record a loss if the loss is not probable or the amount of the loss is not estimable. First Guaranty Bank is a defendant in a lawsuit alleging fault for a loss of funds by a customer related to fraud by a third party with a possible loss range of $0.0 million to $1.5 million. The Bank denies the allegations and intends to vigorously defend against this lawsuit, which is in early stages and no trial date has been set. No accrued liability has been recorded related to this lawsuit. First Guaranty settled a case in the third quarter of 2021 for $1.1 million. A receivable for $0.9 million has been recorded for recovery by a claim against First Guaranty's insurer. In the opinion of management, neither First Guaranty nor First Guaranty Bank is currently involved in such legal proceedings, either individually or in the aggregate, that the resolution is expected to have a material adverse effect on First Guaranty’s consolidated results of operations, financial condition, or cash flows. However, one or more unfavorable outcomes in these ordinary claims or litigation against First Guaranty or First Guaranty Bank could have a material adverse effect for the period in which they are resolved. In addition, regardless of their merits or ultimate outcomes, such matters are costly, divert management’s attention, and may materially and adversely affect the reputation of First Guaranty and First Guaranty Bank, even if resolved favorably.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair value of a financial instrument is the current amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. Valuation techniques use certain inputs to arrive at fair value. Inputs to valuation techniques are the assumptions that market participants would use in pricing the asset or liability. They may be observable or unobservable. First Guaranty uses a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1 Inputs – Unadjusted quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 Inputs – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (such as interest rates, volatilities, prepayment speeds or credit risks) or inputs that are derived principally from or corroborated by market data by correlation or other means. Level 3 Inputs – Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity's own assumptions about the assumptions that market participants would use in pricing the assets or liabilities. A description of the valuation methodologies used for instruments measured at fair value follows, as well as the classification of such instruments within the valuation hierarchy. Securities available for sale. Securities are classified within Level 1 where quoted market prices are available in an active market. Inputs include securities that have quoted prices in active markets for identical assets. If quoted market prices are unavailable, fair value is estimated using quoted prices of securities with similar characteristics, at which point the securities would be classified within Level 2 of the hierarchy. Securities classified within Level 3 in First Guaranty's portfolio as of March 31, 2023 includes corporate debt and municipal securities. Impaired loans. Loans are measured for impairment using the methods permitted by ASC Topic 310. Fair value of impaired loans is measured by either the fair value of the collateral if the loan is collateral dependent (Level 2 or Level 3), or the present value of expected future cash flows, discounted at the loan's effective interest rate (Level 3). Fair value of the collateral is determined by appraisals or by independent valuation. Other real estate owned. Properties are recorded at the balance of the loan or at estimated fair value less estimated selling costs, whichever is less, at the date acquired. Fair values of other real estate owned ("OREO") are determined by sales agreement or appraisal, and costs to sell are based on estimation per the terms and conditions of the sales agreement or amounts commonly used in real estate transactions. Inputs include appraisal values or recent sales activity for similar assets in the property's market; thus, OREO measured at fair value would be classified within either Level 2 or Level 3 of the hierarchy. Certain non-financial assets and non-financial liabilities are measured at fair value on a non-recurring basis including assets and liabilities related to reporting units measured at fair value in the testing of goodwill impairment, as well as intangible assets and other non-financial long-lived assets measured at fair value for impairment assessment. The following table summarizes financial assets measured at fair value on a recurring basis as of March 31, 2023 and December 31, 2022, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) March 31, 2023 December 31, 2022 Available for Sale Securities Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ 48,889 $ 98,466 Level 2: Significant Other Observable Inputs 21,544 21,890 Level 3: Significant Unobservable Inputs 10,627 11,102 Securities available for sale measured at fair value $ 81,060 $ 131,458 First Guaranty's valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While the methodologies used are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value. The change in Level 1 securities available for sale from December 31, 2022 to March 31, 2023 was due to a net decrease in Treasury bills of $49.6 million. There were no transfers between Level 2 and Level 3 from December 31, 2022 to March 31, 2023. There were no transfers between Level 1 and 2 securities available for sale from December 31, 2022 to March 31, 2023. The following table reconciles assets measured at fair value on a recurring basis using unobservable inputs (Level 3) : Level 3 Changes (in thousands) March 31, 2023 Balance, beginning of year $ 11,102 Total gains or losses (realized/unrealized): Included in earnings — Included in other comprehensive income (108) Purchases, sales, issuances and settlements, net (367) Transfers in and/or out of Level 3 — Balance as of end of period $ 10,627 There were no gains or losses for the period included in earnings attributable to the change in unrealized gains or losses related to assets still held as of March 31, 2023. The following table measures financial assets and financial liabilities measured at fair value on a non-recurring basis as of March 31, 2023 and December 31, 2022, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) At March 31, 2023 At December 31, 2022 Impaired Loans - Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ — $ — Level 2: Significant Other Observable Inputs — — Level 3: Significant Unobservable Inputs 3,932 2,251 Impaired loans measured at fair value $ 3,932 $ 2,251 Other Real Estate Owned - Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ — $ — Level 2: Significant Other Observable Inputs 774 — Level 3: Significant Unobservable Inputs 113 113 Other real estate owned measured at fair value $ 887 $ 113 ASC 825-10 provides First Guaranty with an option to report selected financial assets and liabilities at fair value. The fair value option established by this statement permits First Guaranty to choose to measure eligible items at fair value at specified election dates and report unrealized gains and losses on items for which the fair value option has been elected in earnings at each reporting date subsequent to implementation. First Guaranty has chosen not to elect the fair value option for any items that are not already required to be measured at fair value in accordance with accounting principles generally accepted in the United States.

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2023
Investments, All Other Investments [Abstract]
Financial Instruments	Financial Instruments Fair value estimates are generally subjective in nature and are dependent upon a number of significant assumptions associated with each instrument or group of similar instruments, including estimates of discount rates, risks associated with specific financial instruments, estimates of future cash flows and relevant available market information. Fair value information is intended to represent an estimate of an amount at which a financial instrument could be exchanged in a current transaction between a willing buyer and seller engaging in an exchange transaction. However, since there are no established trading markets for a significant portion of First Guaranty's financial instruments, First Guaranty may not be able to immediately settle financial instruments; as such, the fair values are not necessarily indicative of the amounts that could be realized through immediate settlement. In addition, the majority of the financial instruments, such as loans and deposits, are held to maturity and are realized or paid according to the contractual agreement with the customer. Quoted market prices are used to estimate fair values when available. However, due to the nature of the financial instruments, in many instances quoted market prices are not available. Accordingly, estimated fair values have been estimated based on other valuation techniques, such as discounting estimated future cash flows using a rate commensurate with the risks involved or other acceptable methods. Fair values are estimated without regard to any premium or discount that may result from concentrations of ownership of financial instruments, possible income tax ramifications or estimated transaction costs. The fair value estimates are subjective in nature and involve matters of significant judgment and, therefore, cannot be determined with precision. Fair values are also estimated at a specific point in time and are based on interest rates and other assumptions at that date. As events change the assumptions underlying these estimates, the fair values of financial instruments will change. Disclosure of fair values is not required for certain items such as lease financing, investments accounted for under the equity method of accounting, obligations of pension and other postretirement benefits, premises and equipment, other real estate, prepaid expenses, the value of long-term relationships with depositors (core deposit intangibles) and other customer relationships, other intangible assets and income tax assets and liabilities. Fair value estimates are presented for existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. In addition, the tax ramifications related to the realization of the unrealized gains and losses have not been considered in the estimates. Accordingly, the aggregate fair value amounts presented do not purport to represent and should not be considered representative of the underlying market or franchise value of First Guaranty. Because the standard permits many alternative calculation techniques and because numerous assumptions have been used to estimate the fair values, reasonable comparison of the fair value information with other financial institutions' fair value information cannot necessarily be made. The methods and assumptions used to estimate the fair values of financial instruments are as follows: Cash and due from banks, interest-bearing deposits with banks, federal funds sold and federal funds purchased. These items are generally short-term and the carrying amounts reported in the consolidated balance sheets are a reasonable estimation of the fair values. Investment Securities. Fair values are principally based on quoted market prices. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments or the use of discounted cash flow analyses. Loans Held for Sale. Fair values of mortgage loans held for sale are based on commitments on hand from investors or prevailing market prices. These loans are classified within level 3 of the fair value hierarchy. Loans, net. Market values are computed present values using net present value formulas. The present value is the sum of the present value of all projected cash flows on an item at a specified discount rate. The discount rate is set as an appropriate rate index, plus or minus an appropriate spread. These loans are classified within level 3 of the fair value hierarchy. Impaired loans. Fair value of impaired loans is measured by either the fair value of the collateral if the loan is collateral dependent (Level 2 or Level 3), or the present value of expected future cash flows, discounted at the loan's effective interest rate (Level 3). Fair value of the collateral is determined by appraisals or by independent valuation. Cash Surrender of BOLI. The cash surrender value of BOLI approximates fair value. Accrued interest receivable. The carrying amount of accrued interest receivable approximates its fair value. Deposits. The fair value of customer deposits, excluding certificates of deposit, is the amount payable on demand. Market values of certificates of deposit are actually computed present values using net present value formulas. The present value is the sum of the present value of all projected cash flows on an item at a specified discount rate. The discount rate is set as an appropriate rate index, plus or minus an appropriate spread. Deposits are classified within level 3 of the fair value hierarchy. Accrued interest payable. The carrying amount of accrued interest payable approximates its fair value. Borrowings. The carrying amount of federal funds purchased and other short-term borrowings approximate their fair values. The fair value of First Guaranty's long-term borrowings is computed using net present value formulas. The present value is the sum of the present value of all projected cash flows on an item at a specified discount rate. The discount rate is set as an appropriate rate index, plus or minus an appropriate spread. Borrowings are classified within level 3 of the fair value hierarchy. Other Unrecognized Financial Instruments. The fair value of commitments to extend credit is estimated using the fees charged to enter into similar legally binding agreements, taking into account the remaining terms of the agreements and customers' credit ratings. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair values of letters of credit are based on fees charged for similar agreements or on estimated cost to terminate them or otherwise settle the obligations with the counterparties at the reporting date. At March 31, 2023 and December 31, 2022, the fair value of guarantees under commercial and standby letters of credit was not material. The carrying amounts and estimated fair values of financial instruments at March 31, 2023 were as follows: Fair Value Measurements at March 31, 2023 Using (in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Assets Cash and due from banks $ 168,456 $ 168,456 $ — $ — $ 168,456 Federal funds sold 479 479 — — 479 Securities, available for sale 81,060 48,889 21,544 10,627 81,060 Securities, held for maturity 320,248 — 254,284 — 254,284 Loans held for sale — — — — — Loans, net 2,542,774 — — 2,448,832 2,448,832 Cash surrender value of BOLI 5,749 — — 5,749 5,749 Accrued interest receivable 15,332 — — 15,332 15,332 Liabilities Deposits $ 2,862,588 $ — $ — $ 2,856,938 2,856,938 Short-term advances from Federal Home Loan Bank 50,000 50,000 50,000 Short-term borrowings 20,000 — — 20,000 20,000 Repurchase agreements 6,606 — — 6,165 6,165 Accrued interest payable 4,608 — — 4,608 4,608 Long-term advances from Federal Home Loan Bank 20,000 — — 20,000 20,000 Senior long-term debt 21,116 — — 21,125 21,125 Junior subordinated debentures 15,000 — — 15,000 15,000 The carrying amounts and estimated fair values of financial instruments at December 31, 2022 were as follows: Fair Value Measurements at December 31, 2022 Using (in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Assets Cash and due from banks $ 82,796 $ 82,796 $ — $ — $ 82,796 Federal funds sold 423 423 — — 423 Securities, available for sale 131,458 98,466 21,890 11,102 131,458 Securities, held for maturity 320,068 — 242,560 — 242,560 Loans, net 2,495,559 — — 2,404,402 2,404,402 Cash surrender value of BOLI 5,712 — — 5,712 5,712 Accrued interest receivable 13,002 — — 13,002 13,002 Liabilities Deposits $ 2,723,792 $ — $ — $ 2,717,471 2,717,471 Short-term advances from Federal Home Loan Bank 120,000 — — 120,000 120,000 Short-term borrowings 20,000 — — 20,000 20,000 Repurchase agreements 6,442 — — 6,509 6,509 Accrued interest payable 4,289 — — 4,289 4,289 Long-term advances from Federal Home Loan Bank — — — — — Senior long-term debt 21,927 — — 21,938 21,938 Junior subordinated debentures 15,000 — — 15,000 15,000 There is no material difference between the contract amount and the estimated fair value of off-balance sheet items that are primarily comprised of short-term unfunded loan commitments that are generally at market prices.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles. The consolidated financial statements and the footnotes of First Guaranty Bancshares, Inc. ("First Guaranty") thereto should be read in conjunction with the audited consolidated financial statements and note disclosures for First Guaranty previously filed with the Securities and Exchange Commission in First Guaranty's Annual Report on Form 10-K for the year ended December 31, 2022. The consolidated financial statements include the accounts of First Guaranty Bancshares, Inc. and its wholly owned subsidiary First Guaranty Bank (the "Bank"). All significant intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary for a fair presentation of the consolidated financial statements. Those adjustments are of a normal recurring nature. The results of operations at March 31, 2023 and for the three month periods ended March 31, 2023 and 2022 are not necessarily indicative of the results expected for the full year or any other interim period. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near-term relate to the determination of the allowance for credit losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of investment securities.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Standards Adopted in 2023 First Guaranty adopted FASB ASC Topic 326 “ Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments ” Update No. 2016-13 ( “ ASU 2016-13 ” ). ASU 2016 - 13 on January 1, 2023. ASU 2016 - 13, referred to as the Current Expected Credit Loss (“CECL”) standard, requires financial assets measured on an amortized cost basis, including loans and held-to-maturity debt securities, to be presented at an amount net of an allowance for credit losses, which reflects expected losses for the full life of the financial asset. Unfunded lending commitments are also within the scope of this topic. Under prior GAAP losses were not recognized until the occurrence of the loss was probable. CECL requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts and requires enhanced disclosures related to the significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. The CECL methodology requires that lifetime expected credit losses be recorded at the time the financial asset is originated or acquired, and be adjusted each period as a provision for credit losses for changes in expected lifetime credit losses. ASU 2016 - 13 does not specify the method for measuring expected credit losses, and an entity is allowed to apply methods that reasonably reflect its expectations of the lifetime credit loss estimate. First Guaranty developed a CECL model methodology that calculates expected credit losses over the life of the portfolio by analyzing the composition, characteristics and quality of the loan and securities portfolios, as well as prevailing economic conditions and forecasts. First Guaranty’s CECL calculation estimates loan losses using a combination of discounted cash flow and remaining life analyses. First Guaranty adopted ASU 2016 - 13 using the modified retrospective approach for all loans and off-balance sheet credit exposures measured at amortized cost, other than purchased credit deteriorated (“PCD”) financial assets. Results for reporting periods beginning after December 31, 2022 are presented in accordance with A SU 2016 - 13 while prior period amounts continue to be reported in accordance with previously applicable GAAP. ASU 2016 - 13 also amended the accounting model for purchased financial assets and replaced the guidance for purchased credit impaired (“PCI”) financial assets with the concept of PCDs. For PCD assets, the CECL estimate is recognized through the allowance for credit losses with an offset to the amortized cost basis of the PCD asset at the date of acquisition. Subsequent changes in the allowance for credit losses for PCD assets are recognized through a provision for credit losses on loans. First Guaranty used the prospective transition approach for PCD loans that were previously classified as PCI and accounted for under ASC 310 - 30, “Loans and Debt Securities Acquired with Deteriorated Credit Quality” (“ASC 310 - 30” ). First Guaranty determined that certain PCI assets no longer met meet the criteria of PCD assets as of the date of adoption. First Guaranty adopted ASU 2016 - 13 on January 1, 2023, and recorded a one -time, cumulative effect adjustment as shown in the table below (dollars in thousands). December 31, 2022 Impact of ASU 2016-13 Adoption January 1, 2023 Assets: Allowance for credit losses $ (23,518) $ (8,220) $ (31,738) Deferred tax asset 6,420 2,100 8,520 Remaining purchase discount on loans (1,120) 1,120 — Liabilities: Reserve for unfunded loan commitments — (2,900) (2,900) Shareholders' Equity: Retained earnings 76,351 (7,900) 68,451 In addition, ASU 2016-13 amends the accounting for credit losses on available for sale (“AFS”) securities, requiring expected credit losses on AFS securities to be recorded in an allowance for credit losses rather than as a write-down of the securities’ amortized cost. Declines in the fair value of AFS securities that are not considered credit related are recognized in accumulated other comprehensive income. In addition, expected credit losses on held to maturity (“HTM”) securities are required to be recorded in an allowance for credit losses rather than as a write-down of the securities’ amortized cost basis. First Guaranty’s AFS securities portfolio was not materially impacted by the adoption of ASC 326. A $100,000 allowance for HTM securities was recorded at the adoption of ASC 326. The allowance for credit losses is measured on a pool basis when similar risk characteristics exist and is maintained at an amount which management believes is a current estimate of the expected credit losses for the full life of the relevant pool of loans and related unfunded lending commitments. For modeling purposes, loan pools include: Real Estate based pools for construction and land development, farmland, 1-4 family residential, multifamily, and non-farm non-residential and non-real-estate pools for agricultural, commercial and industrial, commercial leases and consumer and other. Management periodically reassesses each pool to confirm the loans within the pool continue to share similar characteristics and risk profiles and to determine whether further segmentation is necessary. The loss rates computed for each pool and expected pool-level funding rates are applied to the related unfunded lending commitments to calculate an allowance for credit losses. Loans that do not share similar risk characteristics with other loans are excluded from the loan pools and individually evaluated for impairment. Individually evaluated loans are loans for which it is probable that all the amounts due under the contractual terms of the loan will not be collected. FASB ASC Topic 326 “Financial Instruments – Credit Losses, Troubled Debt Restructurings and Vintage Disclosures” Update No. 2022-02 (“ASU 2022-02”). ASU 2022-02 became effective for First Guaranty on January 1, 2023 and is applied prospectively. ASU 2022-02 amends Topic 326 to eliminate the accounting guidance for troubled debt restructurings (“TDRs”) by creditors that have adopted ASU 2016-13 and, instead, requires that an entity evaluate whether the modification represents a new loan or a continuation of an existing loan. The amendment also requires that public business entities disclose current-period gross charge-offs by year of origination for financing receivables and net investments in leases. The adoption of ASU 2022-02 did not have a material impact on First Guaranty’s consolidated financial statements. Accounting Pronouncements Not Yet Adopted None.
Fair Value Measurements	Fair Value Measurements The fair value of a financial instrument is the current amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. Valuation techniques use certain inputs to arrive at fair value. Inputs to valuation techniques are the assumptions that market participants would use in pricing the asset or liability. They may be observable or unobservable. First Guaranty uses a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1 Inputs – Unadjusted quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 Inputs – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (such as interest rates, volatilities, prepayment speeds or credit risks) or inputs that are derived principally from or corroborated by market data by correlation or other means. Level 3 Inputs – Unobservable inputs for determining the fair values of assets or liabilities that reflect an entity's own assumptions about the assumptions that market participants would use in pricing the assets or liabilities. A description of the valuation methodologies used for instruments measured at fair value follows, as well as the classification of such instruments within the valuation hierarchy. Securities available for sale. Securities are classified within Level 1 where quoted market prices are available in an active market. Inputs include securities that have quoted prices in active markets for identical assets. If quoted market prices are unavailable, fair value is estimated using quoted prices of securities with similar characteristics, at which point the securities would be classified within Level 2 of the hierarchy. Securities classified within Level 3 in First Guaranty's portfolio as of March 31, 2023 includes corporate debt and municipal securities. Impaired loans. Loans are measured for impairment using the methods permitted by ASC Topic 310. Fair value of impaired loans is measured by either the fair value of the collateral if the loan is collateral dependent (Level 2 or Level 3), or the present value of expected future cash flows, discounted at the loan's effective interest rate (Level 3). Fair value of the collateral is determined by appraisals or by independent valuation. Other real estate owned. Properties are recorded at the balance of the loan or at estimated fair value less estimated selling costs, whichever is less, at the date acquired. Fair values of other real estate owned ("OREO") are determined by sales agreement or appraisal, and costs to sell are based on estimation per the terms and conditions of the sales agreement or amounts commonly used in real estate transactions. Inputs include appraisal values or recent sales activity for similar assets in the property's market; thus, OREO measured at fair value would be classified within either Level 2 or Level 3 of the hierarchy. Certain non-financial assets and non-financial liabilities are measured at fair value on a non-recurring basis including assets and liabilities related to reporting units measured at fair value in the testing of goodwill impairment, as well as intangible assets and other non-financial long-lived assets measured at fair value for impairment assessment. ASC 825-10 provides First Guaranty with an option to report selected financial assets and liabilities at fair value. The fair value option established by this statement permits First Guaranty to choose to measure eligible items at fair value at specified election dates and report unrealized gains and losses on items for which the fair value option has been elected in earnings at each reporting date subsequent to implementation. First Guaranty has chosen not to elect the fair value option for any items that are not already required to be measured at fair value in accordance with accounting principles generally accepted in the United States.

Accounting Policies (Tables)

Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
Accounting Standards Update and Change in Accounting Principle	First Guaranty adopted ASU 2016 - 13 on January 1, 2023, and recorded a one -time, cumulative effect adjustment as shown in the table below (dollars in thousands). December 31, 2022 Impact of ASU 2016-13 Adoption January 1, 2023 Assets: Allowance for credit losses $ (23,518) $ (8,220) $ (31,738) Deferred tax asset 6,420 2,100 8,520 Remaining purchase discount on loans (1,120) 1,120 — Liabilities: Reserve for unfunded loan commitments — (2,900) (2,900) Shareholders' Equity: Retained earnings 76,351 (7,900) 68,451

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Comparison of Securities by Type	A summary comparison of securities by type at March 31, 2023 and December 31, 2022 is shown below. March 31, 2023 December 31, 2022 (in thousands) Amortized Cost Gross Gross Fair Value Amortized Cost Gross Unrealized Gains Gross Fair Value Available for sale: U.S. Treasuries $ 50,453 $ — $ (1,564) $ 48,889 $ 100,642 $ — $ (2,142) $ 98,500 U.S. Government Agencies — — — — — — — — Corporate debt securities 16,750 — (1,145) 15,605 16,750 — (752) 15,998 Municipal bonds 14,388 18 (418) 13,988 14,742 31 (426) 14,347 Mortgage-backed securities 2,688 — (110) 2,578 2,711 — (98) 2,613 Total available for sale securities $ 84,279 $ 18 $ (3,237) $ 81,060 $ 134,845 $ 31 $ (3,418) $ 131,458 Held to maturity: U.S. Government Agencies $ 265,248 $ — $ (59,400) $ 205,848 $ 265,032 $ — $ (69,503) $ 195,529 Corporate debt securities 55,100 — (6,664) 48,436 55,036 — (8,005) 47,031 Total held to maturity securities $ 320,348 $ — $ (66,064) $ 254,284 $ 320,068 $ — $ (77,508) $ 242,560
Schedule of Investments Classified by Contractual Maturity Date	For this reason, they are presented separately in the maturity table below: At March 31, 2023 (in thousands) Amortized Cost Fair Value Available for sale: Due in one year or less $ 51,460 $ 49,892 Due after one year through five years 2,914 2,875 Due after five years through 10 years 20,039 18,885 Over 10 years 7,178 6,830 Subtotal 81,591 78,482 Mortgage-backed securities 2,688 2,578 Total available for sale securities $ 84,279 $ 81,060 Held to maturity: Due in one year or less $ — $ — Due after one year through five years 418 334 Due after five years through 10 years 81,491 70,534 Over 10 years 238,439 183,416 Total held to maturity securities $ 320,348 $ 254,284
Schedule of Unrealized Loss on Investments	The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at March 31, 2023. At March 31, 2023 Less Than 12 Months 12 Months or More Total (in thousands) Number Fair Value Gross Number Fair Value Gross Number Fair Value Gross Available for sale: U.S. Treasuries — $ — $ — 3 $ 48,889 $ (1,564) 3 $ 48,889 $ (1,564) Corporate debt securities 9 7,677 (572) 7 7,927 (573) 16 15,604 (1,145) Municipal bonds 25 6,870 (176) 31 2,693 (242) 56 9,563 (418) Mortgage-backed securities 2 2,171 (72) 4 407 (38) 6 2,578 (110) Total available for sale securities 36 $ 16,718 $ (820) 45 $ 59,916 $ (2,417) 81 $ 76,634 $ (3,237) Held to maturity: U.S. Government Agencies — $ — $ — 29 $ 205,848 $ (59,400) 29 $ 205,848 $ (59,400) Corporate debt securities 1 91 (80) 58 48,345 (6,584) 59 48,436 (6,664) Total held to maturity securities 1 $ 91 $ (80) 87 $ 254,193 $ (65,984) 88 $ 254,284 $ (66,064) The following is a summary of the fair value of securities with gross unrealized losses and an aging of those gross unrealized losses at December 31, 2022. At December 31, 2022 Less Than 12 Months 12 Months or More Total (in thousands) Number Fair Value Gross Number Fair Value Gross Number Fair Value Gross Available for sale: U.S. Treasuries — $ — $ — 6 $ 98,500 $ (2,142) 6 $ 98,500 $ (2,142) U.S. Government Agencies — — — — — — — — — Corporate debt securities 14 14,628 (622) 2 1,370 (130) 16 15,998 (752) Municipal bonds 46 5,854 (394) 6 673 (32) 52 6,527 (426) Mortgage-backed securities 3 2,608 (98) 4 5 — 7 2,613 (98) Total available for sale securities 63 $ 23,090 $ (1,114) 18 $ 100,548 $ (2,304) 81 $ 123,638 $ (3,418) Held to maturity: U.S. Government Agencies 13 $ 89,695 $ (21,724) 16 $ 105,834 $ (47,779) 29 $ 195,529 $ (69,503) Corporate debt securities 59 47,031 (8,005) — — — 59 47,031 (8,005) Total held to maturity securities 72 $ 136,726 $ (29,729) 16 $ 105,834 $ (47,779) 88 $ 242,560 $ (77,508)
Schedule of Exposure to Investment Securities Issuers that Exceeded 10% of Shareholders' Equity	At March 31, 2023, First Guaranty's exposure to bond issuers that exceeded 10% of shareholders' equity is below: At March 31, 2023 (in thousands) Amortized Cost Fair Value U.S. Government Treasuries (U.S.) $ 50,453 $ 48,889 Federal Home Loan Bank (FHLB) 32,117 26,188 Federal Home Loan Mortgage Corporation (Freddie Mac-FHLMC) 97,458 71,031 Federal Farm Credit Bank (FFCB) 138,360 111,206 Total $ 318,388 $ 257,314

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Schedule of Components of Loan Portfolio	The following table summarizes the components of First Guaranty's loan portfolio as of March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 (in thousands except for %) Balance As % of Category Balance As % of Category Real Estate: Construction & land development $ 289,486 11.2 % $ 233,091 9.2 % Farmland 23,065 0.9 % 24,823 1.0 % 1- 4 Family 385,984 14.9 % 366,330 14.5 % Multifamily 120,620 4.7 % 119,785 4.7 % Non-farm non-residential 1,027,199 39.8 % 992,929 39.3 % Total Real Estate 1,846,354 71.5 % 1,736,958 68.7 % Non-Real Estate: Agricultural 40,351 1.6 % 39,045 1.5 % Commercial and industrial (1) 344,332 13.3 % 385,279 15.3 % Commercial leases 302,450 11.7 % 317,574 12.6 % Consumer and other 49,157 1.9 % 47,864 1.9 % Total Non-Real Estate 736,290 28.5 % 789,762 31.3 % Total Loans Before Unearned Income 2,582,644 100.0 % 2,526,720 100.0 % Unearned income (8,402) (7,643) Total Loans Net of Unearned Income $ 2,574,242 $ 2,519,077 (1) Includes PPP loans fully guaranteed by the SBA of $5.7 million and $5.9 million at March 31, 2023 and December 31, 2022, respectively.
Schedule of Fixed and Floating Rate Loans by Contractual Maturity, Excluding Nonaccrual Loans	The following table summarizes fixed and floating rate loans by contractual maturity, excluding nonaccrual loans, as of March 31, 2023 and December 31, 2022 unadjusted for scheduled principal payments, prepayments, or repricing opportunities. The average life of the loan portfolio may be substantially less than the contractual terms when these adjustments are considered. March 31, 2023 December 31, 2022 (in thousands) Fixed Floating Total Fixed Floating Total One year or less $ 249,442 $ 129,318 $ 378,760 $ 234,921 $ 137,203 $ 372,124 More than one to five years 905,950 293,469 1,199,419 900,960 339,894 1,240,854 More than five to 15 years 108,655 225,843 334,498 114,425 216,251 330,676 Over 15 years 263,101 391,197 654,298 261,209 308,291 569,500 Subtotal $ 1,527,148 $ 1,039,827 2,566,975 $ 1,511,515 $ 1,001,639 2,513,154 Nonaccrual loans 15,669 13,566 Total Loans Before Unearned Income 2,582,644 2,526,720 Unearned income (8,402) (7,643) Total Loans Net of Unearned Income $ 2,574,242 $ 2,519,077
Schedule of Past due Financing Receivables	The following tables present the age analysis of past due loans at March 31, 2023 and December 31, 2022: As of March 31, 2023 (in thousands) 30-89 Days Past Due 90 Days or Greater Total Past Due Current Total Loans Recorded Investment Real Estate: Construction & land development $ 2,051 $ 411 $ 2,462 $ 287,024 $ 289,486 $ 190 Farmland 421 677 1,098 21,967 23,065 — 1- 4 family 6,130 6,209 12,339 373,645 385,984 — Multifamily 537 — 537 120,083 120,620 — Non-farm non-residential 18,424 4,316 22,740 1,004,459 1,027,199 1,641 Total Real Estate 27,563 11,613 39,176 1,807,178 1,846,354 1,831 Non-Real Estate: Agricultural 87 1,469 1,556 38,795 40,351 — Commercial and industrial 3,261 7,270 10,531 333,801 344,332 6,244 Commercial leases — 1,799 1,799 300,651 302,450 — Consumer and other 1,433 1,593 3,026 46,131 49,157 — Total Non-Real Estate 4,781 12,131 16,912 719,378 736,290 6,244 Total Loans Before Unearned Income $ 32,344 $ 23,744 $ 56,088 $ 2,526,556 $ 2,582,644 $ 8,075 Unearned income (8,402) Total Loans Net of Unearned Income $ 2,574,242 As of December 31, 2022 (in thousands) 30-89 Days Past Due 90 Days or Greater Total Past Due Current Total Loans Recorded Investment Real Estate: Construction & land development $ 1,029 $ 652 $ 1,681 $ 231,410 $ 233,091 $ 427 Farmland 357 290 647 24,176 24,823 — 1- 4 family 4,512 4,158 8,670 357,660 366,330 332 Multifamily 874 157 1,031 118,754 119,785 157 Non-farm non-residential 1,133 3,849 4,982 987,947 992,929 103 Total Real Estate 7,905 9,106 17,011 1,719,947 1,736,958 1,019 Non-Real Estate: Agricultural 120 1,622 1,742 37,303 39,045 — Commercial and industrial 1,369 942 2,311 382,968 385,279 123 Commercial leases — 1,799 1,799 315,775 317,574 — Consumer and other 1,997 1,239 3,236 44,628 47,864 — Total Non-Real Estate 3,486 5,602 9,088 780,674 789,762 123 Total Loans Before Unearned Income $ 11,391 $ 14,708 $ 26,099 $ 2,500,621 $ 2,526,720 $ 1,142 Unearned income (7,643) Total Loans Net of Unearned Income $ 2,519,077
Schedule of Nonaccrual Loans by Class	The following is a summary of nonaccrual loans by class at the dates indicated: As of March 31, 2023 (in thousands) With Related Allowance Without Related Allowance Total Real Estate: Construction & land development $ 221 $ — $ 221 Farmland 320 357 677 1- 4 family 3,784 2,425 6,209 Multifamily — — — Non-farm non-residential 1,598 1,077 2,675 Total Real Estate 5,923 3,859 9,782 Non-Real Estate: Agricultural 530 939 1,469 Commercial and industrial 1,026 — 1,026 Commercial leases — 1,799 1,799 Consumer and other 1,593 — 1,593 Total Non-Real Estate 3,149 2,738 5,887 Total Nonaccrual Loans $ 9,072 $ 6,597 $ 15,669 (in thousands) As of December 31, 2022 Real Estate: Construction & land development $ 225 Farmland 290 1- 4 family 3,826 Multifamily — Non-farm non-residential 3,746 Total Real Estate 8,087 Non-Real Estate: Agricultural 1,622 Commercial and industrial 819 Commercial leases 1,799 Consumer and other 1,239 Total Non-Real Estate 5,479 Total Nonaccrual Loans $ 13,566
Schedule of Credit Exposure of Loan Portfolio, Including Loans Acquired with Deteriorated Credit Quality, by Specific Credit Ratings	The following table presents First Guaranty's loan portfolio by credit quality classification and origination year as of the date indicated: As of March 31, 2023 Term Loans by Origination Year (in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Total Real Estate: Construction & land development: Pass $ 32,732 $ 131,135 $ 81,513 $ 4,027 $ 10,328 10,717 $ 14,987 $ 285,439 Special Mention — 1,432 250 — 100 1,127 — 2,909 Substandard — 609 142 — 384 3 — 1,138 Doubtful — — — — — — — — Total Construction & land development 32,732 133,176 81,905 4,027 10,812 11,847 14,987 289,486 Current period gross charge-offs — — — — — — — — Farmland Pass 141 4,343 4,951 2,610 516 2,712 2,536 17,809 Special Mention — 200 — — — — — 200 Substandard — 91 15 4,017 126 763 44 5,056 Doubtful — — — — — — — — Total Farmland 141 4,634 4,966 6,627 642 3,475 2,580 23,065 Current period gross charge-offs — — — — — — — — 1- 4 family Pass 20,698 91,438 77,063 45,378 22,972 94,437 13,924 365,910 Special Mention 236 1,468 1,449 1,834 583 2,026 333 7,929 Substandard 344 1,122 2,124 691 2,449 4,483 932 12,145 Doubtful — — — — — — — — Total 1- 4 family 21,278 94,028 80,636 47,903 26,004 100,946 15,189 385,984 Current period gross charge-offs — — — — — 33 — 33 Multifamily Pass 2,635 74,858 6,302 15,429 1,902 14,678 2,141 117,945 Special Mention — — — 439 — — — 439 Substandard — — — — — 2,236 — 2,236 Doubtful — — — — — — — — Total Multifamily 2,635 74,858 6,302 15,868 1,902 16,914 2,141 120,620 Current period gross charge-offs — — — — — — — — Non-farm non-residential Pass 51,449 264,493 141,894 110,105 110,126 279,191 46,697 1,003,955 Special Mention — 1,989 45 2,741 6,395 5,242 192 16,604 Substandard 166 1,259 1,062 1,362 — 2,791 — 6,640 Doubtful — — — — — — — — Total non-farm non-residential 51,615 267,741 143,001 114,208 116,521 287,224 46,889 1,027,199 Current period gross charge-offs — — — 138 — — — 138 Total Real Estate 108,401 574,437 316,810 188,633 155,881 420,406 81,786 1,846,354 Non-Real Estate: Agricultural Pass 470 12,698 4,724 1,547 2,130 2,134 13,701 37,404 Special Mention — 4 — 121 42 — 22 189 Substandard — — 284 169 — 2,244 61 2,758 Doubtful — — — — — — — — Total Agricultural 470 12,702 5,008 1,837 2,172 4,378 13,784 40,351 Current period gross charge-offs — — — — — — — — Commercial and industrial Pass 1,287 42,317 75,520 62,141 9,034 21,418 122,155 333,872 Special Mention — 83 320 264 — 43 1,201 1,911 Substandard — 499 240 716 28 1,194 5,872 8,549 Doubtful — — — — — — — — Total Commercial and industrial 1,287 42,899 76,080 63,121 9,062 22,655 129,228 344,332 Current period gross charge-offs — 5 — 39 — — — 44 Commercial leases Pass — 146,937 111,681 8,624 8,454 2,019 10,275 287,990 Special Mention — 10,615 2,046 — — — — 12,661 Substandard — 1,799 — — — — — 1,799 Doubtful — — — — — — — — Total Commercial leases — 159,351 113,727 8,624 8,454 2,019 10,275 302,450 Current period gross charge-offs — — — — — — — — Consumer and other loans Pass 6,086 16,094 9,139 6,952 750 7,341 64 46,426 Special Mention — 284 397 150 29 19 — 879 Substandard — 531 718 459 77 67 — 1,852 Doubtful — — — — — — — — Total Consumer and other loans 6,086 16,909 10,254 7,561 856 7,427 64 49,157 Current period gross charge-offs 108 248 309 87 3 3 — 758 Total Non-Real Estate 7,843 231,861 205,069 81,143 20,544 36,479 153,351 736,290 Total Loans Before Unearned Income $ 116,244 $ 806,298 $ 521,879 $ 269,776 $ 176,425 $ 456,885 $ 235,137 2,582,644 Unearned income (8,402) Total Loans Net of Unearned Income $ 2,574,242 Total Current Period Gross Charge-offs $ 108 $ 253 $ 309 $ 264 $ 3 $ 36 $ — $ 973 The following table identifies the credit exposure of the loan portfolio, including loans acquired with deteriorated credit quality, by specific credit ratings as of the date indicated: As of December 31, 2022 (in thousands) Pass Special Mention Substandard Doubtful Total Real Estate: Construction & land development $ 229,416 $ 2,846 $ 829 $ — $ 233,091 Farmland 19,722 35 5,066 — 24,823 1- 4 family 347,842 8,667 9,821 — 366,330 Multifamily 117,081 444 2,260 — 119,785 Non-farm 968,861 15,071 8,997 — 992,929 Total Real Estate 1,682,922 27,063 26,973 — 1,736,958 Non-Real Estate: Agricultural 34,827 198 4,020 — 39,045 Commercial and industrial 374,947 2,016 8,316 — 385,279 Commercial leases 315,775 — 1,799 — 317,574 Consumer and other 45,225 1,031 1,608 — 47,864 Total Non-Real Estate 770,774 3,245 15,743 — 789,762 Total Loans Before Unearned Income $ 2,453,696 $ 30,308 $ 42,716 $ — 2,526,720 Unearned income (7,643) Total Loans Net of Unearned Income $ 2,519,077
Schedule of Carrying Amount of Purchased Impaired Loans	The carrying amount of those loans is as follows at December 31, 2022. (in thousands) As of December 31, 2022 Real Estate: Construction & land development $ 301 Farmland — 1- 4 family 1,311 Multifamily — Non-farm non-residential 1,904 Total Real Estate 3,516 Non-Real Estate: Agricultural — Commercial and industrial 742 Commercial leases — Consumer and other — Total Non-Real Estate 742 Total $ 4,258

Allowance for Credit Losses o_2

Allowance for Credit Losses on Loans (Tables)	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Schedule of Changes in Allowance for Loan Losses and Allowance and Loans Individually and Collectively Evaluated for Impairment	A summary of changes in the allowance for credit losses, by portfolio type, for the three months ended March 31, 2023 and 2022 are as follows: For the Three Months Ended March 31, 2023 (in thousands) Beginning Allowance (12/31/2022) ASC 326 Adoption Day 1 Adjustment Charge-offs Recoveries Provision Ending Allowance (3/31/2023) Real Estate: Construction & land development $ 1,232 $ 1,891 $ — $ — $ 779 $ 3,902 Farmland 83 (39) — — (6) 38 1- 4 family 1,761 3,465 (33) 3 253 5,449 Multifamily 746 1,418 — — 194 2,358 Non-farm non-residential 9,280 307 (138) 34 561 10,044 Total Real Estate 13,102 7,042 (171) 37 1,781 21,791 Non-Real Estate: Agricultural 240 (98) — 167 (166) 143 Commercial and industrial 2,194 2,971 (44) 154 (1,021) 4,254 Commercial leases 4,879 (162) — — (2,280) 2,437 Consumer and other 2,506 (1,042) (758) 131 860 1,697 Unallocated 597 (591) — — 1,140 1,146 Total Non-Real Estate 10,416 1,078 (802) 452 (1,467) 9,677 Total $ 23,518 $ 8,120 $ (973) $ 489 $ 314 $ 31,468 For the Three Months Ended March 31, 2022 (in thousands) Beginning Allowance (12/31/2021) Charge-offs Recoveries Provision Ending Allowance (3/31/2022) Real Estate: Construction & land development $ 769 $ (65) $ 16 $ 21 $ 741 Farmland 478 — — (15) 463 1- 4 family 1,921 (36) 8 (27) 1,866 Multifamily 940 — 1 20 961 Non-farm non-residential 12,730 (73) 132 434 13,223 Total Real Estate 16,838 (174) 157 433 17,254 Non-Real Estate: Agricultural 183 (119) — 82 146 Commercial 2,363 (132) 48 61 2,340 Commercial leases 2,486 — — (39) 2,447 Consumer and other 1,371 (411) 114 332 1,406 Unallocated 788 — — (237) 551 Total Non-Real Estate 7,191 (662) 162 199 6,890 Total $ 24,029 $ (836) $ 319 $ 632 $ 24,144 A summary of the allowance along with loans and leases individually and collectively evaluated are as follows: As of March 31, 2023 (in thousands) Allowance Allowance Total Allowance Loans Loans Total Loans Real Estate: Construction & land development $ — $ 3,902 $ 3,902 $ 68 $ 289,418 $ 289,486 Farmland — 38 38 4,692 18,373 23,065 1- 4 family — 5,449 5,449 2,997 382,987 385,984 Multifamily — 2,358 2,358 — 120,620 120,620 Non-farm non-residential 827 9,217 10,044 4,801 1,022,398 1,027,199 Total Real Estate 827 20,964 21,791 12,558 1,833,796 1,846,354 Non-Real Estate: Agricultural — 143 143 1,564 38,787 40,351 Commercial and industrial 578 3,676 4,254 6,789 337,543 344,332 Commercial leases — 2,437 2,437 1,799 300,651 302,450 Consumer and other — 1,697 1,697 — 49,157 49,157 Unallocated — 1,146 1,146 — — — Total Non-Real Estate 578 9,099 9,677 10,152 726,138 736,290 Total $ 1,405 $ 30,063 $ 31,468 $ 22,710 $ 2,559,934 2,582,644 Unearned Income (8,402) Total Loans Net of Unearned Income $ 2,574,242 All loans individually evaluated for impairment as of March 31, 2023 were considered collateral dependent loans. As of December 31, 2022 (in thousands) Allowance Allowance Individually Evaluated for Purchased Credit-Impairment Allowance Total Allowance Loans Loans Individually Evaluated for Purchased Credit-Impairment Loans Total Loans Real Estate: Construction & land development $ — $ — $ 1,232 $ 1,232 $ 68 $ 301 $ 232,722 $ 233,091 Farmland — — 83 83 4,240 — 20,583 24,823 1- 4 family — — 1,761 1,761 949 1,311 364,070 366,330 Multifamily — — 746 746 — — 119,785 119,785 Non-farm non-residential 666 512 8,102 9,280 4,095 1,904 986,930 992,929 Total Real Estate 666 512 11,924 13,102 9,352 3,516 1,724,090 1,736,958 Non-Real Estate: Agricultural — — 240 240 2,366 — 36,679 39,045 Commercial and industrial 412 212 1,570 2,194 5,919 742 378,618 385,279 Commercial leases 1,799 — 3,080 4,879 1,799 — 315,775 317,574 Consumer and other — — 2,506 2,506 — — 47,864 47,864 Unallocated — — 597 597 — — — — Total Non-Real Estate 2,211 212 7,993 10,416 10,084 742 778,936 789,762 Total $ 2,877 $ 724 $ 19,917 $ 23,518 $ 19,436 $ 4,258 $ 2,503,026 2,526,720 Unearned Income (7,643) Total loans net of unearned income $ 2,519,077
Schedule of Impaired Loans, Excluding Loans Acquired with Deteriorated Credit Quality, by Class	The following is a summary of impaired loans, excluding loans acquired with deteriorated credit quality, by class as of the date indicated: As of December 31, 2022 (in thousands) Recorded Unpaid Related Average Interest Income Impaired Loans with no related allowance: Real Estate: Construction & land development $ 68 $ 68 $ — $ 68 $ — Farmland 4,240 4,240 — 4,242 51 1- 4 family 949 949 — 949 5 Multifamily — — — — — Non-farm non-residential 1,814 1,814 — 1,817 56 Total Real Estate 7,071 7,071 — 7,076 112 Non-Real Estate: Agricultural 2,366 2,521 — 2,366 7 Commercial and industrial 4,871 4,988 — 4,988 33 Commercial leases — — — — — Consumer and other — — — — — Total Non-Real Estate 7,237 7,509 — 7,354 40 Total Impaired Loans with no related allowance 14,308 14,580 — 14,430 152 Impaired Loans with an allowance recorded: Real Estate: Construction & land development — — — — — Farmland — — — — — 1- 4 family — — — — — Multifamily — — — — — Non-farm non-residential 2,281 2,855 666 2,279 5 Total Real Estate 2,281 2,855 666 2,279 5 Non-Real Estate: Agricultural — — — — — Commercial and industrial 1,048 1,048 412 1,112 35 Commercial leases 1,799 1,812 1,799 1,817 27 Consumer and other — — — — — Total Non-Real Estate 2,847 2,860 2,211 2,929 62 Total Impaired Loans with an allowance recorded 5,128 5,715 2,877 5,208 67 Total Impaired Loans $ 19,436 $ 20,295 $ 2,877 $ 19,638 $ 219

Other Real Estate (ORE) (Tables

Other Real Estate (ORE) (Tables)	3 Months Ended
	Mar. 31, 2023
Real Estate [Abstract]
Schedule of Other Real Estate Owned	Other real estate owned consists of the following at the dates indicated: (in thousands) March 31, 2023 December 31, 2022 Real Estate Owned Acquired by Foreclosure: Residential $ 113 $ 113 Construction & land development — — Non-farm non-residential 774 — Total Other Real Estate Owned and Foreclosed Property 887 113 Allowance — — Net Other Real Estate Owned and Foreclosed Property $ 887 $ 113

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Schedule of Notional Amounts of Financial Instruments with Off-Balance Sheet Risk	Below is a summary of the notional amounts of the financial instruments with off-balance sheet risk at March 31, 2023 and December 31, 2022: Contract Amount (in thousands) March 31, 2023 December 31, 2022 Commitments to Extend Credit $ 308,941 $ 246,968 Unfunded Commitments under lines of credit $ 239,504 $ 253,906 Commercial and Standby letters of credit $ 14,126 $ 14,222

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets Measured on Recurring Basis	The following table summarizes financial assets measured at fair value on a recurring basis as of March 31, 2023 and December 31, 2022, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) March 31, 2023 December 31, 2022 Available for Sale Securities Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ 48,889 $ 98,466 Level 2: Significant Other Observable Inputs 21,544 21,890 Level 3: Significant Unobservable Inputs 10,627 11,102 Securities available for sale measured at fair value $ 81,060 $ 131,458
Schedule of Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table reconciles assets measured at fair value on a recurring basis using unobservable inputs (Level 3) : Level 3 Changes (in thousands) March 31, 2023 Balance, beginning of year $ 11,102 Total gains or losses (realized/unrealized): Included in earnings — Included in other comprehensive income (108) Purchases, sales, issuances and settlements, net (367) Transfers in and/or out of Level 3 — Balance as of end of period $ 10,627
Schedule of Fair Value Measurements, Nonrecurring	The following table measures financial assets and financial liabilities measured at fair value on a non-recurring basis as of March 31, 2023 and December 31, 2022, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: (in thousands) At March 31, 2023 At December 31, 2022 Impaired Loans - Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ — $ — Level 2: Significant Other Observable Inputs — — Level 3: Significant Unobservable Inputs 3,932 2,251 Impaired loans measured at fair value $ 3,932 $ 2,251 Other Real Estate Owned - Fair Value Measurements Using: Level 1: Quoted Prices in Active Markets For Identical Assets $ — $ — Level 2: Significant Other Observable Inputs 774 — Level 3: Significant Unobservable Inputs 113 113 Other real estate owned measured at fair value $ 887 $ 113

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2023
Investments, All Other Investments [Abstract]
Schedule of Estimated Fair Values and Carrying Values of Financial Instruments	The carrying amounts and estimated fair values of financial instruments at March 31, 2023 were as follows: Fair Value Measurements at March 31, 2023 Using (in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Assets Cash and due from banks $ 168,456 $ 168,456 $ — $ — $ 168,456 Federal funds sold 479 479 — — 479 Securities, available for sale 81,060 48,889 21,544 10,627 81,060 Securities, held for maturity 320,248 — 254,284 — 254,284 Loans held for sale — — — — — Loans, net 2,542,774 — — 2,448,832 2,448,832 Cash surrender value of BOLI 5,749 — — 5,749 5,749 Accrued interest receivable 15,332 — — 15,332 15,332 Liabilities Deposits $ 2,862,588 $ — $ — $ 2,856,938 2,856,938 Short-term advances from Federal Home Loan Bank 50,000 50,000 50,000 Short-term borrowings 20,000 — — 20,000 20,000 Repurchase agreements 6,606 — — 6,165 6,165 Accrued interest payable 4,608 — — 4,608 4,608 Long-term advances from Federal Home Loan Bank 20,000 — — 20,000 20,000 Senior long-term debt 21,116 — — 21,125 21,125 Junior subordinated debentures 15,000 — — 15,000 15,000 The carrying amounts and estimated fair values of financial instruments at December 31, 2022 were as follows: Fair Value Measurements at December 31, 2022 Using (in thousands) Carrying Amount Level 1 Level 2 Level 3 Total Assets Cash and due from banks $ 82,796 $ 82,796 $ — $ — $ 82,796 Federal funds sold 423 423 — — 423 Securities, available for sale 131,458 98,466 21,890 11,102 131,458 Securities, held for maturity 320,068 — 242,560 — 242,560 Loans, net 2,495,559 — — 2,404,402 2,404,402 Cash surrender value of BOLI 5,712 — — 5,712 5,712 Accrued interest receivable 13,002 — — 13,002 13,002 Liabilities Deposits $ 2,723,792 $ — $ — $ 2,717,471 2,717,471 Short-term advances from Federal Home Loan Bank 120,000 — — 120,000 120,000 Short-term borrowings 20,000 — — 20,000 20,000 Repurchase agreements 6,442 — — 6,509 6,509 Accrued interest payable 4,289 — — 4,289 4,289 Long-term advances from Federal Home Loan Bank — — — — — Senior long-term debt 21,927 — — 21,938 21,938 Junior subordinated debentures 15,000 — — 15,000 15,000

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit losses	$ (31,468)	$ (31,738)	$ (23,518)	$ (24,144)	$ (24,029)
Deferred tax asset		8,520	6,420
Remaining purchase discount on loans		0	(1,120)
Reserve for unfunded loan commitments		(2,900)	0
Retained earnings	69,622	68,451	76,351
Held to maturity, allowance for credit losses	$ 100	100	$ 0
Cumulative effect of adoption of ASC Topic 326, net of tax
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit losses		(8,220)
Deferred tax asset		2,100
Remaining purchase discount on loans		1,120
Reserve for unfunded loan commitments		(2,900)
Retained earnings		$ (7,900)

Securities - Schedule of Compar

Securities - Schedule of Comparison of Securities by Type (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Available for sale:
Amortized Cost	$ 84,279	$ 134,845
Gross Unrealized Gains	18	31
Gross Unrealized Losses	(3,237)	(3,418)
Fair Value	81,060	131,458
Held to maturity:
Amortized Cost	320,348	320,068
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(66,064)	(77,508)
Fair Value	254,284	242,560
U.S. Treasuries
Available for sale:
Amortized Cost	50,453	100,642
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1,564)	(2,142)
Fair Value	48,889	98,500
U.S. Government Agencies
Available for sale:
Amortized Cost	0	0
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	0	0
Held to maturity:
Amortized Cost	265,248	265,032
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(59,400)	(69,503)
Fair Value	205,848	195,529
Corporate debt securities
Available for sale:
Amortized Cost	16,750	16,750
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1,145)	(752)
Fair Value	15,605	15,998
Held to maturity:
Amortized Cost	55,100	55,036
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(6,664)	(8,005)
Fair Value	48,436	47,031
Municipal bonds
Available for sale:
Amortized Cost	14,388	14,742
Gross Unrealized Gains	18	31
Gross Unrealized Losses	(418)	(426)
Fair Value	13,988	14,347
Mortgage-backed securities
Available for sale:
Amortized Cost	2,688	2,711
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(110)	(98)
Fair Value	$ 2,578	$ 2,613

Securities - Scheduled Maturiti

Securities - Scheduled Maturities of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Amortized Cost
Due in one year or less	$ 51,460
Due after one year through five years	2,914
Due after five years through 10 years	20,039
Over 10 years	7,178
Subtotal	81,591
Amortized Cost	84,279	$ 134,845
Fair Value
Due in one year or less	49,892
Due after one year through five years	2,875
Due after five years through 10 years	18,885
Over 10 years	6,830
Subtotal	78,482
Fair Value	81,060	131,458
Amortized Cost
Due in one year or less	0
Due after one year through five years	418
Due after five years through 10 years	81,491
Over 10 years	238,439
Amortized Cost	320,348	320,068
Fair Value
Due in one year or less	0
Due after one year through five years	334
Due after five years through 10 years	70,534
Over 10 years	183,416
Fair Value	254,284	242,560
Mortgage-backed securities
Amortized Cost
Mortgage-backed securities	2,688
Amortized Cost	2,688	2,711
Fair Value
Mortgage-backed securities	2,578
Fair Value	$ 2,578	$ 2,613

Securities - Narrative (Details

Securities - Narrative (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) security	Jan. 01, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 401,308,000		$ 451,526,000
Debt securities, accrued interest	2,500,000		2,000,000
Held to maturity, allowance for credit losses	$ 100,000	$ 100,000	$ 0
Number of debt securities with unrealized losses | security	169
Unrealized losses on debt securities in continuous loss position as percentage of total individual securities' amortized cost basis	17.30%
Unrealized losses on debt securities in continuous loss position as percentage of amortized cost basis of investment securities portfolio	17.10%
Number of debt securities in continuous loss position for over 12 months | security	132
Debt securities in a continuous loss position for over 12 months, amortized cost basis	$ 382,500,000
Debt securities in a continuous loss position for over 12 months, unrealized loss	68,400,000
Other-than-temporary impairment credit losses	0
Deposits
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	171,200,000
Debt securities, available-for-sale and held-to-maturity, fair value	$ 135,100,000

Securities - Schedule of Securi

Securities - Schedule of Securities in Continuous Unrealized Loss Position (Details) $ in Thousands	Mar. 31, 2023 USD ($) security	Dec. 31, 2022 USD ($) security
Available for sale:
Less Than 12 Months, Number of Securities | security	36	63
Less Than 12 Months, Fair Value	$ 16,718	$ 23,090
Less Than 12 Months, Gross Unrealized Losses	$ (820)	$ (1,114)
12 Months or More, Number of Securities | security	45	18
12 Months or More, Fair Value	$ 59,916	$ 100,548
12 Months or More, Gross Unrealized Losses	$ (2,417)	$ (2,304)
Total, Number of Securities | security	81	81
Total, Fair Value	$ 76,634	$ 123,638
Total, Gross Unrealized Losses	$ (3,237)	$ (3,418)
Held to maturity:
Less Than 12 Months, Number of Securities | security	1	72
Less Than 12 Months, Fair Value	$ 91	$ 136,726
Less Than 12 Months, Gross Unrealized Losses	$ (80)	$ (29,729)
12 Months or More, Number of Securities | security	87	16
12 Months or More, Fair Value	$ 254,193	$ 105,834
12 Months or More, Gross Unrealized Losses	$ (65,984)	$ (47,779)
Total, Number of Securities | security	88	88
Total, Fair Value	$ 254,284	$ 242,560
Total, Gross Unrealized Losses	$ (66,064)	$ (77,508)
U.S. Treasuries
Available for sale:
Less Than 12 Months, Number of Securities | security	0	0
Less Than 12 Months, Fair Value	$ 0	$ 0
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ 0
12 Months or More, Number of Securities | security	3	6
12 Months or More, Fair Value	$ 48,889	$ 98,500
12 Months or More, Gross Unrealized Losses	$ (1,564)	$ (2,142)
Total, Number of Securities | security	3	6
Total, Fair Value	$ 48,889	$ 98,500
Total, Gross Unrealized Losses	$ (1,564)	$ (2,142)
U.S. Government Agencies
Available for sale:
Less Than 12 Months, Number of Securities | security		0
Less Than 12 Months, Fair Value		$ 0
Less Than 12 Months, Gross Unrealized Losses		$ 0
12 Months or More, Number of Securities | security		0
12 Months or More, Fair Value		$ 0
12 Months or More, Gross Unrealized Losses		$ 0
Total, Number of Securities | security		0
Total, Fair Value		$ 0
Total, Gross Unrealized Losses		$ 0
Held to maturity:
Less Than 12 Months, Number of Securities | security	0	13
Less Than 12 Months, Fair Value	$ 0	$ 89,695
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ (21,724)
12 Months or More, Number of Securities | security	29	16
12 Months or More, Fair Value	$ 205,848	$ 105,834
12 Months or More, Gross Unrealized Losses	$ (59,400)	$ (47,779)
Total, Number of Securities | security	29	29
Total, Fair Value	$ 205,848	$ 195,529
Total, Gross Unrealized Losses	$ (59,400)	$ (69,503)
Corporate debt securities
Available for sale:
Less Than 12 Months, Number of Securities | security	9	14
Less Than 12 Months, Fair Value	$ 7,677	$ 14,628
Less Than 12 Months, Gross Unrealized Losses	$ (572)	$ (622)
12 Months or More, Number of Securities | security	7	2
12 Months or More, Fair Value	$ 7,927	$ 1,370
12 Months or More, Gross Unrealized Losses	$ (573)	$ (130)
Total, Number of Securities | security	16	16
Total, Fair Value	$ 15,604	$ 15,998
Total, Gross Unrealized Losses	$ (1,145)	$ (752)
Held to maturity:
Less Than 12 Months, Number of Securities | security	1	59
Less Than 12 Months, Fair Value	$ 91	$ 47,031
Less Than 12 Months, Gross Unrealized Losses	$ (80)	$ (8,005)
12 Months or More, Number of Securities | security	58	0
12 Months or More, Fair Value	$ 48,345	$ 0
12 Months or More, Gross Unrealized Losses	$ (6,584)	$ 0
Total, Number of Securities | security	59	59
Total, Fair Value	$ 48,436	$ 47,031
Total, Gross Unrealized Losses	$ (6,664)	$ (8,005)
Municipal bonds
Available for sale:
Less Than 12 Months, Number of Securities | security	25	46
Less Than 12 Months, Fair Value	$ 6,870	$ 5,854
Less Than 12 Months, Gross Unrealized Losses	$ (176)	$ (394)
12 Months or More, Number of Securities | security	31	6
12 Months or More, Fair Value	$ 2,693	$ 673
12 Months or More, Gross Unrealized Losses	$ (242)	$ (32)
Total, Number of Securities | security	56	52
Total, Fair Value	$ 9,563	$ 6,527
Total, Gross Unrealized Losses	$ (418)	$ (426)
Mortgage-backed securities
Available for sale:
Less Than 12 Months, Number of Securities | security	2	3
Less Than 12 Months, Fair Value	$ 2,171	$ 2,608
Less Than 12 Months, Gross Unrealized Losses	$ (72)	$ (98)
12 Months or More, Number of Securities | security	4	4
12 Months or More, Fair Value	$ 407	$ 5
12 Months or More, Gross Unrealized Losses	$ (38)	$ 0
Total, Number of Securities | security	6	7
Total, Fair Value	$ 2,578	$ 2,613
Total, Gross Unrealized Losses	$ (110)	$ (98)

Securities - Exposure to Bond I

Securities - Exposure to Bond Issuers that Exceeded 10% of Stockholders' Equity (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Concentration Risk [Line Items]
Amortized Cost	$ 401,308	$ 451,526
Stockholders' Equity, Total
Concentration Risk [Line Items]
Amortized Cost	318,388
Fair Value	257,314
Stockholders' Equity, Total | U.S. Government Treasuries (U.S.)
Concentration Risk [Line Items]
Amortized Cost	50,453
Fair Value	48,889
Stockholders' Equity, Total | Federal Home Loan Bank (FHLB)
Concentration Risk [Line Items]
Amortized Cost	32,117
Fair Value	26,188
Stockholders' Equity, Total | Federal Home Loan Mortgage Corporation (Freddie Mac-FHLMC)
Concentration Risk [Line Items]
Amortized Cost	97,458
Fair Value	71,031
Stockholders' Equity, Total | Federal Farm Credit Bank (FFCB)
Concentration Risk [Line Items]
Amortized Cost	138,360
Fair Value	$ 111,206

Loans - Components of Loan Port

Loans - Components of Loan Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Balance
Total Loans before Unearned Income	$ 2,582,644	$ 2,526,720
Unearned Income	(8,402)	(7,643)
Total loans net of unearned income	$ 2,574,242	$ 2,519,077
As % of Category
As % of Category	100%	100%
Real Estate
Balance
Total Loans before Unearned Income	$ 1,846,354	$ 1,736,958
As % of Category
As % of Category	71.50%	68.70%
Real Estate | Construction & land development
Balance
Total Loans before Unearned Income	$ 289,486	$ 233,091
As % of Category
As % of Category	11.20%	9.20%
Real Estate | Farmland
Balance
Total Loans before Unearned Income	$ 23,065	$ 24,823
As % of Category
As % of Category	0.90%	1%
Real Estate | 1- 4 Family
Balance
Total Loans before Unearned Income	$ 385,984	$ 366,330
As % of Category
As % of Category	14.90%	14.50%
Real Estate | Multifamily
Balance
Total Loans before Unearned Income	$ 120,620	$ 119,785
As % of Category
As % of Category	4.70%	4.70%
Real Estate | Non-farm non-residential
Balance
Total Loans before Unearned Income	$ 1,027,199	$ 992,929
As % of Category
As % of Category	39.80%	39.30%
Non-Real Estate
Balance
Total Loans before Unearned Income	$ 736,290	$ 789,762
As % of Category
As % of Category	28.50%	31.30%
Non-Real Estate | Agricultural
Balance
Total Loans before Unearned Income	$ 40,351	$ 39,045
As % of Category
As % of Category	1.60%	1.50%
Non-Real Estate | Commercial and industrial
Balance
Total Loans before Unearned Income	$ 344,332	$ 385,279
As % of Category
As % of Category	13.30%	15.30%
PPP loans fully guaranteed by the SBA	$ 5,700	$ 5,900
Non-Real Estate | Commercial leases
Balance
Total Loans before Unearned Income	$ 302,450	$ 317,574
As % of Category
As % of Category	11.70%	12.60%
Non-Real Estate | Consumer and other
Balance
Total Loans before Unearned Income	$ 49,157	$ 47,864
As % of Category
As % of Category	1.90%	1.90%

Loans - Narrative (Details)

Loans - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Receivables [Abstract]
Accrued interest receivable	$ 12,800	$ 11,000
Nonaccrual loans	$ 15,669	$ 13,566

Loans - Fixed and Floating Rate

Loans - Fixed and Floating Rate Loans by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing receivables, fixed and floating rate loans by contractual maturity [Abstract]
One year or less	$ 378,760	$ 372,124
More than one to five years	1,199,419	1,240,854
More than five to 15 years	334,498	330,676
Over 15 years	654,298	569,500
Subtotal	2,566,975	2,513,154
Nonaccrual loans	15,669	13,566
Total Loans before Unearned Income	2,582,644	2,526,720
Unearned income	(8,402)	(7,643)
Total loans net of unearned income	2,574,242	2,519,077
Fixed
Financing receivables, fixed and floating rate loans by contractual maturity [Abstract]
One year or less	249,442	234,921
More than one to five years	905,950	900,960
More than five to 15 years	108,655	114,425
Over 15 years	263,101	261,209
Subtotal	1,527,148	1,511,515
Floating
Financing receivables, fixed and floating rate loans by contractual maturity [Abstract]
One year or less	129,318	137,203
More than one to five years	293,469	339,894
More than five to 15 years	225,843	216,251
Over 15 years	391,197	308,291
Subtotal	$ 1,039,827	$ 1,001,639

Loans - Receivables Past Due (D

Loans - Receivables Past Due (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	$ 2,582,644	$ 2,526,720
Unearned income	(8,402)	(7,643)
Total loans net of unearned income	2,574,242	2,519,077
Recorded Investment 90 Days Accruing	8,075	1,142
30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	32,344	11,391
90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	23,744	14,708
Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	56,088	26,099
Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	2,526,556	2,500,621
Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,846,354	1,736,958
Recorded Investment 90 Days Accruing	1,831	1,019
Real Estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	27,563	7,905
Real Estate | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	11,613	9,106
Real Estate | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	39,176	17,011
Real Estate | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,807,178	1,719,947
Real Estate | Construction & land development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	289,486	233,091
Recorded Investment 90 Days Accruing	190	427
Real Estate | Construction & land development | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	2,051	1,029
Real Estate | Construction & land development | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	411	652
Real Estate | Construction & land development | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	2,462	1,681
Real Estate | Construction & land development | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	287,024	231,410
Real Estate | Farmland
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	23,065	24,823
Recorded Investment 90 Days Accruing	0	0
Real Estate | Farmland | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	421	357
Real Estate | Farmland | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	677	290
Real Estate | Farmland | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,098	647
Real Estate | Farmland | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	21,967	24,176
Real Estate | 1- 4 family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	385,984	366,330
Recorded Investment 90 Days Accruing	0	332
Real Estate | 1- 4 family | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	6,130	4,512
Real Estate | 1- 4 family | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	6,209	4,158
Real Estate | 1- 4 family | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	12,339	8,670
Real Estate | 1- 4 family | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	373,645	357,660
Real Estate | Multifamily
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	120,620	119,785
Recorded Investment 90 Days Accruing	0	157
Real Estate | Multifamily | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	537	874
Real Estate | Multifamily | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	0	157
Real Estate | Multifamily | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	537	1,031
Real Estate | Multifamily | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	120,083	118,754
Real Estate | Non-farm non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,027,199	992,929
Recorded Investment 90 Days Accruing	1,641	103
Real Estate | Non-farm non-residential | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	18,424	1,133
Real Estate | Non-farm non-residential | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	4,316	3,849
Real Estate | Non-farm non-residential | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	22,740	4,982
Real Estate | Non-farm non-residential | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,004,459	987,947
Non-Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	736,290	789,762
Recorded Investment 90 Days Accruing	6,244	123
Non-Real Estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	4,781	3,486
Non-Real Estate | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	12,131	5,602
Non-Real Estate | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	16,912	9,088
Non-Real Estate | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	719,378	780,674
Non-Real Estate | Agricultural
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	40,351	39,045
Recorded Investment 90 Days Accruing	0	0
Non-Real Estate | Agricultural | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	87	120
Non-Real Estate | Agricultural | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,469	1,622
Non-Real Estate | Agricultural | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,556	1,742
Non-Real Estate | Agricultural | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	38,795	37,303
Non-Real Estate | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	344,332	385,279
Recorded Investment 90 Days Accruing	6,244	123
Non-Real Estate | Commercial and industrial | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	3,261	1,369
Non-Real Estate | Commercial and industrial | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	7,270	942
Non-Real Estate | Commercial and industrial | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	10,531	2,311
Non-Real Estate | Commercial and industrial | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	333,801	382,968
Non-Real Estate | Commercial leases
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	302,450	317,574
Recorded Investment 90 Days Accruing	0	0
Non-Real Estate | Commercial leases | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	0	0
Non-Real Estate | Commercial leases | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,799	1,799
Non-Real Estate | Commercial leases | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,799	1,799
Non-Real Estate | Commercial leases | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	300,651	315,775
Non-Real Estate | Consumer and other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	49,157	47,864
Recorded Investment 90 Days Accruing	0	0
Non-Real Estate | Consumer and other | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,433	1,997
Non-Real Estate | Consumer and other | 90 Days or Greater
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	1,593	1,239
Non-Real Estate | Consumer and other | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	3,026	3,236
Non-Real Estate | Consumer and other | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans before Unearned Income	$ 46,131	$ 44,628

Loans - Nonaccrual Loans (Detai

Loans - Nonaccrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	$ 9,072
Without Related Allowance	6,597
Total	15,669	$ 13,566
Real Estate
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	5,923
Without Related Allowance	3,859
Total	9,782	8,087
Real Estate | Construction & land development
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	221
Without Related Allowance	0
Total	221	225
Real Estate | Farmland
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	320
Without Related Allowance	357
Total	677	290
Real Estate | 1- 4 family
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	3,784
Without Related Allowance	2,425
Total	6,209	3,826
Real Estate | Multifamily
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	0
Without Related Allowance	0
Total	0	0
Real Estate | Non-farm non-residential
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	1,598
Without Related Allowance	1,077
Total	2,675	3,746
Non-Real Estate
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	3,149
Without Related Allowance	2,738
Total	5,887	5,479
Non-Real Estate | Agricultural
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	530
Without Related Allowance	939
Total	1,469	1,622
Non-Real Estate | Commercial and industrial
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	1,026
Without Related Allowance	0
Total	1,026	819
Non-Real Estate | Commercial leases
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	0
Without Related Allowance	1,799
Total	1,799	1,799
Non-Real Estate | Consumer and other
Summary of nonaccrual loans by class [Abstract]
With Related Allowance	1,593
Without Related Allowance	0
Total	$ 1,593	$ 1,239

Loans - Credit Exposure of Port

Loans - Credit Exposure of Portfolio (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	$ 116,244
2022	806,298
2021	521,879
2020	269,776
2019	176,425
Prior	456,885
Revolving Loans	235,137
Total Loans before Unearned Income	2,582,644		$ 2,526,720
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	108
2022	253
2021	309
2020	264
2019	3
Prior	36
Revolving Loans	0
Total	973	$ 836
Unearned income	(8,402)		(7,643)
Total loans net of unearned income	2,574,242		2,519,077
Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			2,453,696
Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			30,308
Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			42,716
Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			0
Real Estate
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	108,401
2022	574,437
2021	316,810
2020	188,633
2019	155,881
Prior	420,406
Revolving Loans	81,786
Total Loans before Unearned Income	1,846,354		1,736,958
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Total	171	174
Real Estate | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			1,682,922
Real Estate | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			27,063
Real Estate | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			26,973
Real Estate | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			0
Real Estate | Construction & land development
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	32,732
2022	133,176
2021	81,905
2020	4,027
2019	10,812
Prior	11,847
Revolving Loans	14,987
Total Loans before Unearned Income	289,486		233,091
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total	0	65
Real Estate | Construction & land development | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	32,732
2022	131,135
2021	81,513
2020	4,027
2019	10,328
Prior	10,717
Revolving Loans	14,987
Total Loans before Unearned Income	285,439		229,416
Real Estate | Construction & land development | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	1,432
2021	250
2020	0
2019	100
Prior	1,127
Revolving Loans	0
Total Loans before Unearned Income	2,909		2,846
Real Estate | Construction & land development | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	609
2021	142
2020	0
2019	384
Prior	3
Revolving Loans	0
Total Loans before Unearned Income	1,138		829
Real Estate | Construction & land development | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	0		0
Real Estate | Farmland
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	141
2022	4,634
2021	4,966
2020	6,627
2019	642
Prior	3,475
Revolving Loans	2,580
Total Loans before Unearned Income	23,065		24,823
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total	0	0
Real Estate | Farmland | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	141
2022	4,343
2021	4,951
2020	2,610
2019	516
Prior	2,712
Revolving Loans	2,536
Total Loans before Unearned Income	17,809		19,722
Real Estate | Farmland | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	200
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	200		35
Real Estate | Farmland | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	91
2021	15
2020	4,017
2019	126
Prior	763
Revolving Loans	44
Total Loans before Unearned Income	5,056		5,066
Real Estate | Farmland | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	0		0
Real Estate | 1- 4 family
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	21,278
2022	94,028
2021	80,636
2020	47,903
2019	26,004
Prior	100,946
Revolving Loans	15,189
Total Loans before Unearned Income	385,984		366,330
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	33
Revolving Loans	0
Total	33	36
Real Estate | 1- 4 family | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	20,698
2022	91,438
2021	77,063
2020	45,378
2019	22,972
Prior	94,437
Revolving Loans	13,924
Total Loans before Unearned Income	365,910		347,842
Real Estate | 1- 4 family | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	236
2022	1,468
2021	1,449
2020	1,834
2019	583
Prior	2,026
Revolving Loans	333
Total Loans before Unearned Income	7,929		8,667
Real Estate | 1- 4 family | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	344
2022	1,122
2021	2,124
2020	691
2019	2,449
Prior	4,483
Revolving Loans	932
Total Loans before Unearned Income	12,145		9,821
Real Estate | 1- 4 family | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	0		0
Real Estate | Multifamily
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	2,635
2022	74,858
2021	6,302
2020	15,868
2019	1,902
Prior	16,914
Revolving Loans	2,141
Total Loans before Unearned Income	120,620		119,785
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total	0	0
Real Estate | Multifamily | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	2,635
2022	74,858
2021	6,302
2020	15,429
2019	1,902
Prior	14,678
Revolving Loans	2,141
Total Loans before Unearned Income	117,945		117,081
Real Estate | Multifamily | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	439
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	439		444
Real Estate | Multifamily | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	2,236
Revolving Loans	0
Total Loans before Unearned Income	2,236		2,260
Real Estate | Multifamily | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	0		0
Real Estate | Non-farm non-residential
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	51,615
2022	267,741
2021	143,001
2020	114,208
2019	116,521
Prior	287,224
Revolving Loans	46,889
Total Loans before Unearned Income	1,027,199		992,929
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	138
2019	0
Prior	0
Revolving Loans	0
Total	138	73
Real Estate | Non-farm non-residential | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	51,449
2022	264,493
2021	141,894
2020	110,105
2019	110,126
Prior	279,191
Revolving Loans	46,697
Total Loans before Unearned Income	1,003,955		968,861
Real Estate | Non-farm non-residential | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	1,989
2021	45
2020	2,741
2019	6,395
Prior	5,242
Revolving Loans	192
Total Loans before Unearned Income	16,604		15,071
Real Estate | Non-farm non-residential | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	166
2022	1,259
2021	1,062
2020	1,362
2019	0
Prior	2,791
Revolving Loans	0
Total Loans before Unearned Income	6,640		8,997
Real Estate | Non-farm non-residential | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	0		0
Non-Real Estate
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	7,843
2022	231,861
2021	205,069
2020	81,143
2019	20,544
Prior	36,479
Revolving Loans	153,351
Total Loans before Unearned Income	736,290		789,762
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Total	802	662
Non-Real Estate | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			770,774
Non-Real Estate | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			3,245
Non-Real Estate | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			15,743
Non-Real Estate | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
Total Loans before Unearned Income			0
Non-Real Estate | Agricultural
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	470
2022	12,702
2021	5,008
2020	1,837
2019	2,172
Prior	4,378
Revolving Loans	13,784
Total Loans before Unearned Income	40,351		39,045
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total	0	119
Non-Real Estate | Agricultural | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	470
2022	12,698
2021	4,724
2020	1,547
2019	2,130
Prior	2,134
Revolving Loans	13,701
Total Loans before Unearned Income	37,404		34,827
Non-Real Estate | Agricultural | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	4
2021	0
2020	121
2019	42
Prior	0
Revolving Loans	22
Total Loans before Unearned Income	189		198
Non-Real Estate | Agricultural | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	284
2020	169
2019	0
Prior	2,244
Revolving Loans	61
Total Loans before Unearned Income	2,758		4,020
Non-Real Estate | Agricultural | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	0		0
Non-Real Estate | Commercial and industrial
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	1,287
2022	42,899
2021	76,080
2020	63,121
2019	9,062
Prior	22,655
Revolving Loans	129,228
Total Loans before Unearned Income	344,332		385,279
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	5
2021	0
2020	39
2019	0
Prior	0
Revolving Loans	0
Total	44	132
Non-Real Estate | Commercial and industrial | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	1,287
2022	42,317
2021	75,520
2020	62,141
2019	9,034
Prior	21,418
Revolving Loans	122,155
Total Loans before Unearned Income	333,872		374,947
Non-Real Estate | Commercial and industrial | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	83
2021	320
2020	264
2019	0
Prior	43
Revolving Loans	1,201
Total Loans before Unearned Income	1,911		2,016
Non-Real Estate | Commercial and industrial | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	499
2021	240
2020	716
2019	28
Prior	1,194
Revolving Loans	5,872
Total Loans before Unearned Income	8,549		8,316
Non-Real Estate | Commercial and industrial | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	0		0
Non-Real Estate | Commercial leases
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	159,351
2021	113,727
2020	8,624
2019	8,454
Prior	2,019
Revolving Loans	10,275
Total Loans before Unearned Income	302,450		317,574
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total	0	0
Non-Real Estate | Commercial leases | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	146,937
2021	111,681
2020	8,624
2019	8,454
Prior	2,019
Revolving Loans	10,275
Total Loans before Unearned Income	287,990		315,775
Non-Real Estate | Commercial leases | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	10,615
2021	2,046
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	12,661		0
Non-Real Estate | Commercial leases | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	1,799
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	1,799		1,799
Non-Real Estate | Commercial leases | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	0		0
Non-Real Estate | Consumer and other
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	6,086
2022	16,909
2021	10,254
2020	7,561
2019	856
Prior	7,427
Revolving Loans	64
Total Loans before Unearned Income	49,157		47,864
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	108
2022	248
2021	309
2020	87
2019	3
Prior	3
Revolving Loans	0
Total	758	$ 411
Non-Real Estate | Consumer and other | Pass
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	6,086
2022	16,094
2021	9,139
2020	6,952
2019	750
Prior	7,341
Revolving Loans	64
Total Loans before Unearned Income	46,426		45,225
Non-Real Estate | Consumer and other | Special Mention
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	284
2021	397
2020	150
2019	29
Prior	19
Revolving Loans	0
Total Loans before Unearned Income	879		1,031
Non-Real Estate | Consumer and other | Substandard
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	531
2021	718
2020	459
2019	77
Prior	67
Revolving Loans	0
Total Loans before Unearned Income	1,852		1,608
Non-Real Estate | Consumer and other | Doubtful
Credit exposure of loan portfolio by specific credit ratings [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Total Loans before Unearned Income	$ 0		$ 0

Loans - Purchased Impaired Loan

Loans - Purchased Impaired Loans (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	$ 4,258
Real Estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	3,516
Real Estate | Construction & land development
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	301
Real Estate | Farmland
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	0
Real Estate | 1- 4 family
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	1,311
Real Estate | Multifamily
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	0
Real Estate | Non-farm non-residential
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	1,904
Non-Real Estate
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	742
Non-Real Estate | Agricultural
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	0
Non-Real Estate | Commercial and industrial
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	742
Non-Real Estate | Commercial leases
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	0
Non-Real Estate | Consumer and other
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Carry amount	$ 0

Allowance for Credit Losses o_3

Allowance for Credit Losses on Loans - Summary of Changes in Allowance for Loan Losses, by Portfolio Type (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	$ 23,518	$ 24,029
ASC 326 Adoption Day 1 Adjustment	8,120
Charge-offs	(973)	(836)
Recoveries	489	319
Provision	314	632
Ending allowance	31,468	24,144
Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	13,102	16,838
ASC 326 Adoption Day 1 Adjustment	7,042
Charge-offs	(171)	(174)
Recoveries	37	157
Provision	1,781	433
Ending allowance	21,791	17,254
Real Estate | Construction & land development
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	1,232	769
ASC 326 Adoption Day 1 Adjustment	1,891
Charge-offs	0	(65)
Recoveries	0	16
Provision	779	21
Ending allowance	3,902	741
Real Estate | Farmland
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	83	478
ASC 326 Adoption Day 1 Adjustment	(39)
Charge-offs	0	0
Recoveries	0	0
Provision	(6)	(15)
Ending allowance	38	463
Real Estate | 1- 4 family
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	1,761	1,921
ASC 326 Adoption Day 1 Adjustment	3,465
Charge-offs	(33)	(36)
Recoveries	3	8
Provision	253	(27)
Ending allowance	5,449	1,866
Real Estate | Multifamily
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	746	940
ASC 326 Adoption Day 1 Adjustment	1,418
Charge-offs	0	0
Recoveries	0	1
Provision	194	20
Ending allowance	2,358	961
Real Estate | Non-farm non-residential
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	9,280	12,730
ASC 326 Adoption Day 1 Adjustment	307
Charge-offs	(138)	(73)
Recoveries	34	132
Provision	561	434
Ending allowance	10,044	13,223
Non-Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	10,416	7,191
ASC 326 Adoption Day 1 Adjustment	1,078
Charge-offs	(802)	(662)
Recoveries	452	162
Provision	(1,467)	199
Ending allowance	9,677	6,890
Non-Real Estate | Agricultural
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	240	183
ASC 326 Adoption Day 1 Adjustment	(98)
Charge-offs	0	(119)
Recoveries	167	0
Provision	(166)	82
Ending allowance	143	146
Non-Real Estate | Commercial and industrial
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	2,194	2,363
ASC 326 Adoption Day 1 Adjustment	2,971
Charge-offs	(44)	(132)
Recoveries	154	48
Provision	(1,021)	61
Ending allowance	4,254	2,340
Non-Real Estate | Commercial leases
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	4,879	2,486
ASC 326 Adoption Day 1 Adjustment	(162)
Charge-offs	0	0
Recoveries	0	0
Provision	(2,280)	(39)
Ending allowance	2,437	2,447
Non-Real Estate | Consumer and other
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	2,506	1,371
ASC 326 Adoption Day 1 Adjustment	(1,042)
Charge-offs	(758)	(411)
Recoveries	131	114
Provision	860	332
Ending allowance	1,697	1,406
Non-Real Estate | Unallocated
Allowance for Loan and Lease Losses [Roll Forward]
Beginning allowance	597	788
ASC 326 Adoption Day 1 Adjustment	(591)
Charge-offs	0	0
Recoveries	0	0
Provision	1,140	(237)
Ending allowance	$ 1,146	$ 551

Allowance for Credit Losses o_4

Allowance for Credit Losses on Loans - Schedule of Allowance and Loans Individually and Collectively Evaluated for Impairment (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	$ 1,405		$ 2,877
Allowance Individually Evaluated for Purchased Credit-Impairment			724
Allowance Collectively Evaluated	30,063		19,917
Total Allowance for Credit Losses	31,468	$ 31,738	23,518	$ 24,144	$ 24,029
Loans Individually Evaluated	22,710		19,436
Loans Individually Evaluated for Purchased Credit-Impairment			4,258
Loans Collectively Evaluated	2,559,934		2,503,026
Total Loans before Unearned Income	2,582,644		2,526,720
Unearned Income	(8,402)		(7,643)
Total loans net of unearned income	2,574,242		2,519,077
Real Estate
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	827		666
Allowance Individually Evaluated for Purchased Credit-Impairment			512
Allowance Collectively Evaluated	20,964		11,924
Total Allowance for Credit Losses	21,791		13,102	17,254	16,838
Loans Individually Evaluated	12,558		9,352
Loans Individually Evaluated for Purchased Credit-Impairment			3,516
Loans Collectively Evaluated	1,833,796		1,724,090
Total Loans before Unearned Income	1,846,354		1,736,958
Real Estate | Construction & land development
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	0		0
Allowance Individually Evaluated for Purchased Credit-Impairment			0
Allowance Collectively Evaluated	3,902		1,232
Total Allowance for Credit Losses	3,902		1,232	741	769
Loans Individually Evaluated	68		68
Loans Individually Evaluated for Purchased Credit-Impairment			301
Loans Collectively Evaluated	289,418		232,722
Total Loans before Unearned Income	289,486		233,091
Real Estate | Farmland
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	0		0
Allowance Individually Evaluated for Purchased Credit-Impairment			0
Allowance Collectively Evaluated	38		83
Total Allowance for Credit Losses	38		83	463	478
Loans Individually Evaluated	4,692		4,240
Loans Individually Evaluated for Purchased Credit-Impairment			0
Loans Collectively Evaluated	18,373		20,583
Total Loans before Unearned Income	23,065		24,823
Real Estate | 1- 4 family
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	0		0
Allowance Individually Evaluated for Purchased Credit-Impairment			0
Allowance Collectively Evaluated	5,449		1,761
Total Allowance for Credit Losses	5,449		1,761	1,866	1,921
Loans Individually Evaluated	2,997		949
Loans Individually Evaluated for Purchased Credit-Impairment			1,311
Loans Collectively Evaluated	382,987		364,070
Total Loans before Unearned Income	385,984		366,330
Real Estate | Multifamily
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	0		0
Allowance Individually Evaluated for Purchased Credit-Impairment			0
Allowance Collectively Evaluated	2,358		746
Total Allowance for Credit Losses	2,358		746	961	940
Loans Individually Evaluated	0		0
Loans Individually Evaluated for Purchased Credit-Impairment			0
Loans Collectively Evaluated	120,620		119,785
Total Loans before Unearned Income	120,620		119,785
Real Estate | Non-farm non-residential
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	827		666
Allowance Individually Evaluated for Purchased Credit-Impairment			512
Allowance Collectively Evaluated	9,217		8,102
Total Allowance for Credit Losses	10,044		9,280	13,223	12,730
Loans Individually Evaluated	4,801		4,095
Loans Individually Evaluated for Purchased Credit-Impairment			1,904
Loans Collectively Evaluated	1,022,398		986,930
Total Loans before Unearned Income	1,027,199		992,929
Non-Real Estate
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	578		2,211
Allowance Individually Evaluated for Purchased Credit-Impairment			212
Allowance Collectively Evaluated	9,099		7,993
Total Allowance for Credit Losses	9,677		10,416	6,890	7,191
Loans Individually Evaluated	10,152		10,084
Loans Individually Evaluated for Purchased Credit-Impairment			742
Loans Collectively Evaluated	726,138		778,936
Total Loans before Unearned Income	736,290		789,762
Non-Real Estate | Agricultural
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	0		0
Allowance Individually Evaluated for Purchased Credit-Impairment			0
Allowance Collectively Evaluated	143		240
Total Allowance for Credit Losses	143		240	146	183
Loans Individually Evaluated	1,564		2,366
Loans Individually Evaluated for Purchased Credit-Impairment			0
Loans Collectively Evaluated	38,787		36,679
Total Loans before Unearned Income	40,351		39,045
Non-Real Estate | Commercial and industrial
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	578		412
Allowance Individually Evaluated for Purchased Credit-Impairment			212
Allowance Collectively Evaluated	3,676		1,570
Total Allowance for Credit Losses	4,254		2,194	2,340	2,363
Loans Individually Evaluated	6,789		5,919
Loans Individually Evaluated for Purchased Credit-Impairment			742
Loans Collectively Evaluated	337,543		378,618
Total Loans before Unearned Income	344,332		385,279
Non-Real Estate | Commercial leases
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	0		1,799
Allowance Individually Evaluated for Purchased Credit-Impairment			0
Allowance Collectively Evaluated	2,437		3,080
Total Allowance for Credit Losses	2,437		4,879	2,447	2,486
Loans Individually Evaluated	1,799		1,799
Loans Individually Evaluated for Purchased Credit-Impairment			0
Loans Collectively Evaluated	300,651		315,775
Total Loans before Unearned Income	302,450		317,574
Non-Real Estate | Consumer and other
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	0		0
Allowance Individually Evaluated for Purchased Credit-Impairment			0
Allowance Collectively Evaluated	1,697		2,506
Total Allowance for Credit Losses	1,697		2,506	1,406	1,371
Loans Individually Evaluated	0		0
Loans Individually Evaluated for Purchased Credit-Impairment			0
Loans Collectively Evaluated	49,157		47,864
Total Loans before Unearned Income	49,157		47,864
Non-Real Estate | Unallocated
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance Individually Evaluated	0		0
Allowance Individually Evaluated for Purchased Credit-Impairment			0
Allowance Collectively Evaluated	1,146		597
Total Allowance for Credit Losses	1,146		597	$ 551	$ 788
Loans Individually Evaluated	0		0
Loans Individually Evaluated for Purchased Credit-Impairment			0
Loans Collectively Evaluated	0		0
Total Loans before Unearned Income	$ 0		$ 0

Allowance for Credit Losses o_5

Allowance for Credit Losses on Loans - Impaired Loans by Class (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Impaired Loans with no related allowance:
Recorded Investment	$ 14,308
Unpaid Principal Balance	14,580
Average Recorded Investment	14,430
Interest Income Recognized	152
Impaired Loans with an allowance recorded:
Recorded Investment	5,128
Unpaid Principal Balance	5,715
Related Allowance	2,877
Average Recorded Investment	5,208
Interest Income Recognized	67
Total Impaired Loans
Recorded Investment	19,436
Unpaid Principal Balance	20,295
Related Allowance	2,877
Average Recorded Investment	19,638
Interest Income Recognized	219
Real Estate
Impaired Loans with no related allowance:
Recorded Investment	7,071
Unpaid Principal Balance	7,071
Average Recorded Investment	7,076
Interest Income Recognized	112
Impaired Loans with an allowance recorded:
Recorded Investment	2,281
Unpaid Principal Balance	2,855
Related Allowance	666
Average Recorded Investment	2,279
Interest Income Recognized	5
Total Impaired Loans
Related Allowance	666
Real Estate | Construction & land development
Impaired Loans with no related allowance:
Recorded Investment	68
Unpaid Principal Balance	68
Average Recorded Investment	68
Interest Income Recognized	0
Impaired Loans with an allowance recorded:
Recorded Investment	0
Unpaid Principal Balance	0
Related Allowance	0
Average Recorded Investment	0
Interest Income Recognized	0
Total Impaired Loans
Related Allowance	0
Real Estate | Farmland
Impaired Loans with no related allowance:
Recorded Investment	4,240
Unpaid Principal Balance	4,240
Average Recorded Investment	4,242
Interest Income Recognized	51
Impaired Loans with an allowance recorded:
Recorded Investment	0
Unpaid Principal Balance	0
Related Allowance	0
Average Recorded Investment	0
Interest Income Recognized	0
Total Impaired Loans
Related Allowance	0
Real Estate | 1- 4 family
Impaired Loans with no related allowance:
Recorded Investment	949
Unpaid Principal Balance	949
Average Recorded Investment	949
Interest Income Recognized	5
Impaired Loans with an allowance recorded:
Recorded Investment	0
Unpaid Principal Balance	0
Related Allowance	0
Average Recorded Investment	0
Interest Income Recognized	0
Total Impaired Loans
Related Allowance	0
Real Estate | Multifamily
Impaired Loans with no related allowance:
Recorded Investment	0
Unpaid Principal Balance	0
Average Recorded Investment	0
Interest Income Recognized	0
Impaired Loans with an allowance recorded:
Recorded Investment	0
Unpaid Principal Balance	0
Related Allowance	0
Average Recorded Investment	0
Interest Income Recognized	0
Total Impaired Loans
Related Allowance	0
Real Estate | Non-farm non-residential
Impaired Loans with no related allowance:
Recorded Investment	1,814
Unpaid Principal Balance	1,814
Average Recorded Investment	1,817
Interest Income Recognized	56
Impaired Loans with an allowance recorded:
Recorded Investment	2,281
Unpaid Principal Balance	2,855
Related Allowance	666
Average Recorded Investment	2,279
Interest Income Recognized	5
Total Impaired Loans
Related Allowance	666
Non-Real Estate
Impaired Loans with no related allowance:
Recorded Investment	7,237
Unpaid Principal Balance	7,509
Average Recorded Investment	7,354
Interest Income Recognized	40
Impaired Loans with an allowance recorded:
Recorded Investment	2,847
Unpaid Principal Balance	2,860
Related Allowance	2,211
Average Recorded Investment	2,929
Interest Income Recognized	62
Total Impaired Loans
Related Allowance	2,211
Non-Real Estate | Agricultural
Impaired Loans with no related allowance:
Recorded Investment	2,366
Unpaid Principal Balance	2,521
Average Recorded Investment	2,366
Interest Income Recognized	7
Impaired Loans with an allowance recorded:
Recorded Investment	0
Unpaid Principal Balance	0
Related Allowance	0
Average Recorded Investment	0
Interest Income Recognized	0
Total Impaired Loans
Related Allowance	0
Non-Real Estate | Commercial and industrial
Impaired Loans with no related allowance:
Recorded Investment	4,871
Unpaid Principal Balance	4,988
Average Recorded Investment	4,988
Interest Income Recognized	33
Impaired Loans with an allowance recorded:
Recorded Investment	1,048
Unpaid Principal Balance	1,048
Related Allowance	412
Average Recorded Investment	1,112
Interest Income Recognized	35
Total Impaired Loans
Related Allowance	412
Non-Real Estate | Commercial leases
Impaired Loans with no related allowance:
Recorded Investment	0
Unpaid Principal Balance	0
Average Recorded Investment	0
Interest Income Recognized	0
Impaired Loans with an allowance recorded:
Recorded Investment	1,799
Unpaid Principal Balance	1,812
Related Allowance	1,799
Average Recorded Investment	1,817
Interest Income Recognized	27
Total Impaired Loans
Related Allowance	1,799
Non-Real Estate | Consumer and other
Impaired Loans with no related allowance:
Recorded Investment	0
Unpaid Principal Balance	0
Average Recorded Investment	0
Interest Income Recognized	0
Impaired Loans with an allowance recorded:
Recorded Investment	0
Unpaid Principal Balance	0
Related Allowance	0
Average Recorded Investment	0
Interest Income Recognized	0
Total Impaired Loans
Related Allowance	$ 0

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 12,900,000	$ 12,900,000
Impairment charges recognized on the company's intangible assets	0
Loan servicing assets	$ 600,000	$ 600,000
Core Deposits
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period	6 years

Other Real Estate (ORE) - Sched

Other Real Estate (ORE) - Schedule of Other Real Estate Owned (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Real Estate Owned Acquired by Foreclosure
Total Other Real Estate Owned and Foreclosed Property	$ 887	$ 113
Allowance	0	0
Net Other Real Estate Owned and Foreclosed Property	887	113
Residential
Real Estate Owned Acquired by Foreclosure
Total Other Real Estate Owned and Foreclosed Property	113	113
Construction & land development
Real Estate Owned Acquired by Foreclosure
Total Other Real Estate Owned and Foreclosed Property	0	0
Non-farm non-residential
Real Estate Owned Acquired by Foreclosure
Total Other Real Estate Owned and Foreclosed Property	$ 774	$ 0

Other Real Estate (ORE) - Narra

Other Real Estate (ORE) - Narrative (Details) $ in Millions	Mar. 31, 2023 USD ($)
Real Estate | 1- 4 family
Real Estate [Line Items]
Loans in process of foreclosure	$ 1.4

Commitments and Contingencies -

Commitments and Contingencies - Notional Amounts of Financial Instruments with Off-Balance Sheet Risk (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Commitments to Extend Credit
Off-balance sheet commitments [Abstract]
Notional value	$ 308,941	$ 246,968
Unfunded Commitments under lines of credit
Off-balance sheet commitments [Abstract]
Notional value	239,504	253,906
Commercial and Standby letters of credit
Off-balance sheet commitments [Abstract]
Notional value	$ 14,126	$ 14,222

Commitment and Contingencies -

Commitment and Contingencies - Narrative (Details) - USD ($)	3 Months Ended
	Sep. 30, 2021	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Loss Contingencies [Line Items]
Less: allowance for credit losses		$ 31,468,000	$ 31,738,000	$ 23,518,000	$ 24,144,000	$ 24,029,000
Off-balance-sheet, credit loss, liability			$ 2,900,000
Case Settled in the Third Quarter of 2021
Loss Contingencies [Line Items]
Litigation settlement, amount	$ 1,100,000
Insurance coverage receivable						$ 900,000
Minimum | Overpayment Of Interest On A Loan
Loss Contingencies [Line Items]
Lawsuit alleging fault for a loss of funds with possible loss		0
Maximum | Overpayment Of Interest On A Loan
Loss Contingencies [Line Items]
Lawsuit alleging fault for a loss of funds with possible loss		1,500,000
Unfunded Commitments under lines of credit
Loss Contingencies [Line Items]
Less: allowance for credit losses		$ 0

Fair Value Measurements - Asset

Fair Value Measurements - Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	$ 81,060	$ 131,458
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	81,060	131,458
Fair Value, Measurements, Recurring | Level 1: Quoted Prices in Active Markets For Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	48,889	98,466
Fair Value, Measurements, Recurring | Level 2: Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	21,544	21,890
Fair Value, Measurements, Recurring | Level 3: Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities, available for sale	$ 10,627	$ 11,102

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer of securities from AFS to HTM	$ 0	$ 176,181
Fair Value, Measurements, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Increase in available for sale securities	$ 49,600

Fair Value Measurements - Unobs

Fair Value Measurements - Unobservable Input Reconciliation (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Level 3 Changes
Balance, beginning of year	$ 11,102
Total gains or losses (realized/unrealized):
Included in earnings	0
Included in other comprehensive income	(108)
Purchases, sales, issuances and settlements, net	(367)
Transfers in and/or out of Level 3	0
Balance as of end of period	$ 10,627

Fair Value Measurements - Nonre

Fair Value Measurements - Nonrecurring (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans measured at fair value	$ 3,932	$ 2,251
Other real estate owned measured at fair value	887	113
Level 1: Quoted Prices in Active Markets For Identical Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans measured at fair value	0	0
Other real estate owned measured at fair value	0	0
Level 2: Significant Other Observable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans measured at fair value	0	0
Other real estate owned measured at fair value	774	0
Level 3: Significant Unobservable Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans measured at fair value	3,932	2,251
Other real estate owned measured at fair value	$ 113	$ 113

Financial Instruments - Schedul

Financial Instruments - Schedule Of Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Assets
Securities, available for sale	$ 81,060	$ 131,458
Held to maturity, fair value	254,284	242,560
Liabilities
Short-term advances from Federal Home Loan Bank	50,000	120,000
Carrying Amount
Assets
Federal funds sold	479	423
Securities, available for sale	81,060	131,458
Held to maturity, fair value	320,248	320,068
Loans held for sale	0
Loans, net	2,542,774	2,495,559
Cash surrender value of BOLI	5,749	5,712
Accrued interest receivable	15,332	13,002
Liabilities
Deposits	2,862,588	2,723,792
Short-term advances from Federal Home Loan Bank		120,000
Short-term advances from Federal Home Loan Bank	50,000
Short-term borrowings	20,000	20,000
Repurchase agreements	6,606	6,442
Accrued interest payable	4,608	4,289
Long-term advances from Federal Home Loan Bank	20,000	0
Senior long-term debt	21,116	21,927
Junior subordinated debentures	15,000	15,000
Carrying Amount | Cash and due from banks
Assets
Cash and due from banks	168,456	82,796
Fair Value Measurements
Assets
Federal funds sold	479	423
Securities, available for sale	81,060	131,458
Held to maturity, fair value	254,284	242,560
Loans held for sale	0
Loans, net	2,448,832	2,404,402
Cash surrender value of BOLI	5,749	5,712
Accrued interest receivable	15,332	13,002
Liabilities
Deposits	2,856,938	2,717,471
Short-term advances from Federal Home Loan Bank		120,000
Short-term advances from Federal Home Loan Bank	50,000
Short-term borrowings	20,000	20,000
Repurchase agreements	6,165	6,509
Accrued interest payable	4,608	4,289
Long-term advances from Federal Home Loan Bank	20,000	0
Senior long-term debt	21,125	21,938
Junior subordinated debentures	15,000	15,000
Fair Value Measurements | Cash and due from banks
Assets
Cash and due from banks	168,456	82,796
Level 1 | Fair Value Measurements
Assets
Federal funds sold	479	423
Securities, available for sale	48,889	98,466
Held to maturity, fair value	0	0
Loans held for sale	0
Loans, net	0	0
Cash surrender value of BOLI	0	0
Accrued interest receivable	0	0
Liabilities
Deposits	0	0
Short-term advances from Federal Home Loan Bank		0
Short-term advances from Federal Home Loan Bank
Short-term borrowings	0	0
Repurchase agreements	0	0
Accrued interest payable	0	0
Long-term advances from Federal Home Loan Bank	0	0
Senior long-term debt	0	0
Junior subordinated debentures	0	0
Level 1 | Fair Value Measurements | Cash and due from banks
Assets
Cash and due from banks	168,456	82,796
Level 2 | Fair Value Measurements
Assets
Federal funds sold	0	0
Securities, available for sale	21,544	21,890
Held to maturity, fair value	254,284	242,560
Loans held for sale	0
Loans, net	0	0
Cash surrender value of BOLI	0	0
Accrued interest receivable	0	0
Liabilities
Deposits	0	0
Short-term advances from Federal Home Loan Bank		0
Short-term advances from Federal Home Loan Bank
Short-term borrowings	0	0
Repurchase agreements	0	0
Accrued interest payable	0	0
Long-term advances from Federal Home Loan Bank	0	0
Senior long-term debt	0	0
Junior subordinated debentures	0	0
Level 2 | Fair Value Measurements | Cash and due from banks
Assets
Cash and due from banks	0	0
Level 3 | Fair Value Measurements
Assets
Federal funds sold	0	0
Securities, available for sale	10,627	11,102
Held to maturity, fair value	0	0
Loans held for sale	0
Loans, net	2,448,832	2,404,402
Cash surrender value of BOLI	5,749	5,712
Accrued interest receivable	15,332	13,002
Liabilities
Deposits	2,856,938	2,717,471
Short-term advances from Federal Home Loan Bank		120,000
Short-term advances from Federal Home Loan Bank	50,000
Short-term borrowings	20,000	20,000
Repurchase agreements	6,165	6,509
Accrued interest payable	4,608	4,289
Long-term advances from Federal Home Loan Bank	20,000	0
Senior long-term debt	21,125	21,938
Junior subordinated debentures	15,000	15,000
Level 3 | Fair Value Measurements | Cash and due from banks
Assets
Cash and due from banks	$ 0	$ 0