4 unchanged sentences
First Guaranty does not record a loss if the loss is not probable or the amount of the loss is not estimable.
+Added: First Guaranty was a defendant in a lawsuit alleging overpayment on a loan related to a disputed interest rate.
+Added: This lawsuit was settled in the first quarter of 2023 for $0.6 million.
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.
−Removed: The Bank denies the allegations and intends to vigorously defend against this lawsuit, which is in very early stages.
−Removed: No trial has been set, therefore, no accrued liability has been recorded related to this lawsuit.
+Added: The Bank denies the allegations and intends to vigorously defend against this lawsuit, which is in early stages, and no trial has been set.
+Added: 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.
−Removed: A receivable for $0.9 million has been recorded for recovery through First Guaranty's insurance coverage.
+Added: 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.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.