XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated balance sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 110,991 $ 48,806
Federal funds sold 121,153 131,119
Interest-bearing deposits in financial institutions 1,085,754 52,756
Cash and cash equivalents 1,317,898 232,681
Investments:    
Available-for-sale debt securities, at fair value 1,172,400 688,381
Equity securities, at fair value 4,591 3,295
Federal Home Loan Bank stock, at cost 31,232 15,976
Loans held for sale, at fair value 899,173 262,518
Loans 7,082,959 4,409,642
Less: allowance for credit losses 170,389 31,139
Net loans 6,912,570 4,378,503
Premises and equipment, net 145,115 90,131
Other real estate owned, net 12,111 18,939
Operating lease right-of-use assets 49,537 32,539
Interest receivable 43,603 17,083
Mortgage servicing rights, at fair value 79,997 75,521
Goodwill 242,561 169,051
Core deposit and other intangibles, net 22,426 17,589
Other assets 274,116 122,714
Total assets 11,207,330 6,124,921
Deposits    
Noninterest-bearing 2,274,103 1,208,175
Interest-bearing checking 2,491,765 1,014,875
Money market and savings 3,254,915 1,520,035
Customer time deposits 1,375,695 1,171,502
Brokered and internet time deposits 61,559 20,351
Total deposits 9,458,037 4,934,938
Borrowings 238,324 304,675
Operating lease liabilities 55,187 35,525
Accrued expenses and other liabilities 164,400 87,454
Total liabilities 9,915,948 5,362,592
Commitments and contingencies (Note 17)
SHAREHOLDERS' EQUITY    
Common stock, $1 par value per share; 75,000,000 shares authorized; 47,220,743 and 31,034,315 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 47,222 31,034
Additional paid-in capital 898,847 425,633
Retained earnings 317,625 293,524
Accumulated other comprehensive income, net 27,595 12,138
Total FB Financial Corporation shareholders' equity 1,291,289 762,329
Noncontrolling interest 93 0
Total equity 1,291,382 762,329
Total liabilities and shareholders' equity $ 11,207,330 $ 6,124,921