v3.26.3
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest income:        
Interest and fees on loans $ 212,308 $ 209,307 $ 619,999 $ 522,189
Interest on investment securities        
Taxable 14,289 14,395 41,668 43,527
Tax-exempt 1,067 1,058 3,187 3,127
Other 8,443 12,138 26,041 29,845
Total interest income 236,107 236,898 690,895 598,688
Interest expense:        
Deposits 84,406 86,577 241,052 225,394
Borrowings 1,755 3,081 4,960 6,998
Total interest expense 86,161 89,658 246,012 232,392
Net interest income 149,946 147,240 444,883 366,296
Provision for credit losses on loans HFI 1,167 29,957 14,644 30,761
Provision for (reversal of) credit losses on unfunded commitments 257 4,460 (80) 11,285
Net interest income after provision for credit losses 148,522 112,823 430,319 324,250
Noninterest income:        
(Loss) gain from investment securities, net (241) 12 (240) (60,521)
Loss on sales or write-downs of premises and equipment, other real estate owned and other assets, net (34) (646) (731) (1,035)
Other income 2,713 2,121 8,181 6,009
Total noninterest income 24,540 26,635 76,695 15,115
Noninterest expenses:        
Salaries, commissions and employee benefits 56,054 59,210 166,734 154,192
Occupancy and equipment expense 7,576 7,539 22,669 20,846
Advertising 3,013 2,453 7,717 7,118
Data processing 2,562 2,457 7,368 6,931
Legal and professional fees 2,046 1,227 5,908 5,645
Amortization of core deposit and other intangibles 1,741 2,079 5,414 3,366
Merger and integration costs 0 16,057 1,447 19,192
Other expense 23,042 18,834 65,421 53,376
Total noninterest expense 96,034 109,856 282,678 270,666
Income before income taxes 77,028 29,602 224,336 68,699
Income tax expense 16,826 6,227 47,951 3,046
Net income attributable to FB Financial Corporation and noncontrolling interest 60,202 23,375 176,385 65,653
Net income attributable to noncontrolling interest 0 0 8 8
Net income attributable to FB Financial Corporation $ 60,202 $ 23,375 $ 176,377 $ 65,645
Earnings per common share:        
Basic (in dollars per share) $ 1.21 $ 0.44 $ 3.46 $ 1.35
Diluted (in dollars per share) $ 1.20 $ 0.43 $ 3.43 $ 1.34
Mortgage banking income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, investment services and trust income, ATM and interchange fees $ 9,425 $ 13,484 $ 32,848 $ 38,939
Investment services and trust income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, investment services and trust income, ATM and interchange fees 4,931 4,227 13,796 11,860
Service charges on deposit accounts        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, investment services and trust income, ATM and interchange fees 4,484 4,049 13,328 10,920
ATM and interchange fees        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, investment services and trust income, ATM and interchange fees $ 3,262 $ 3,388 $ 9,513 $ 8,943