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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income:    
Interest and fees on loans $ 86,864 $ 89,412
Interest on securities    
Taxable 5,420 2,819
Tax-exempt 1,866 1,956
Other 977 598
Total interest income 95,127 94,785
Interest expense:    
Deposits 5,462 9,826
Borrowings 1,483 2,383
Total interest expense 6,945 12,209
Net interest income 88,182 82,576
Provision for credit losses (6,129) (11,632)
Provision for credit losses on unfunded commitments 1,882 (2,222)
Net interest income after provisions for credit losses 92,429 96,430
Noninterest income:    
(Loss) gain from securities, net (152) 83
(Loss) gain on sales or write-downs of other real estate owned (498) 496
Gain (loss) from other assets 64 (11)
Other income 2,314 2,142
Total noninterest income 41,392 66,730
Noninterest expenses:    
Salaries, commissions and employee benefits 59,443 64,571
Occupancy and equipment expense 5,403 5,849
Legal and professional fees 2,607 2,434
Data processing 2,481 2,319
Amortization of core deposit and other intangibles 1,244 1,440
Advertising 4,033 2,253
Other expense 14,061 15,832
Total noninterest expense 89,272 94,698
Income (loss) before income taxes 44,549 68,462
Income tax expense 9,313 15,588
Net income applicable to FB Financial Corporation and noncontrolling interest 35,236 52,874
Net income applicable to noncontrolling interest 0 0
Net income applicable to FB Financial Corporation $ 35,236 $ 52,874
Earnings per common share    
Basic (in dollars per share) $ 0.74 $ 1.12
Diluted (in dollars per share) $ 0.74 $ 1.10
Mortgage banking income    
Noninterest income:    
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 29,531 $ 55,332
Service charges on deposit accounts    
Noninterest income:    
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 2,914 2,339
ATM and interchange fees    
Noninterest income:    
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 5,087 4,341
Investment services and trust income    
Noninterest income:    
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 2,132 $ 2,008