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Consolidated statements of income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income:      
Interest and fees on loans $ 359,262 $ 294,596 $ 260,458
Interest on securities      
Taxable 15,186 10,267 13,223
Tax-exempt 7,657 7,076 4,805
Other 2,893 2,705 4,051
Total interest income 384,998 314,644 282,537
Interest expense:      
Deposits 30,189 42,859 51,568
Borrowings 7,439 6,127 4,933
Total interest expense 37,628 48,986 56,501
Net interest income 347,370 265,658 226,036
Provision for credit losses (38,995) 94,606 7,053
Provision for credit losses on unfunded commitments (1,998) 13,361 0
Net interest income after provisions for credit losses 388,363 157,691 218,983
Noninterest income:      
Gain from securities, net 324 1,631 57
Gain (loss) on sales or write-downs of other real estate owned 2,504 (1,491) 545
Gain (loss) from other assets 323 (90) (104)
Other income 19,047 15,322 7,099
Total noninterest income 228,255 301,855 135,397
Noninterest expenses:      
Salaries, commissions and employee benefits 248,318 233,768 152,084
Occupancy and equipment expense 22,733 18,979 15,641
Legal and professional fees 9,161 7,654 7,486
Data processing 9,987 11,390 10,589
Merger costs 0 34,879 5,385
Amortization of core deposit and other intangibles 5,473 5,323 4,339
Advertising 13,921 10,062 9,138
Other expense 63,974 55,030 40,179
Total noninterest expense 373,567 377,085 244,841
Income before income taxes 243,051 82,461 109,539
Income tax expense 52,750 18,832 25,725
Net income applicable to FB Financial Corporation and noncontrolling interest 190,301 63,629 83,814
Net income applicable to noncontrolling interest 16 8 0
Net income applicable to FB Financial Corporation $ 190,285 $ 63,621 $ 83,814
Earnings per common share      
Basic (in dollars per share) $ 4.01 $ 1.69 $ 2.70
Diluted (in dollars per share) $ 3.97 $ 1.67 $ 2.65
Mortgage banking income      
Noninterest income:      
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 167,565 $ 255,328 $ 100,916
Service charges on deposit accounts      
Noninterest income:      
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 10,034 9,160 9,479
ATM and interchange fees      
Noninterest income:      
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 19,900 14,915 12,161
Investment services and trust income      
Noninterest income:      
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 8,558 $ 7,080 $ 5,244