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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 133,874 $ 259,872
Federal funds sold and reverse repurchase agreements 63,994 210,536
Interest-bearing deposits in financial institutions 1,122,083 556,644
Cash and cash equivalents 1,319,951 1,027,052
Investments:    
Available-for-sale debt securities, at fair value 1,471,005 1,471,186
Equity securities, at fair value 3,059 2,990
Federal Home Loan Bank stock, at cost 43,369 58,641
Loans held for sale (includes $61,987 and $113,240 at fair value, respectively) 82,515 139,451
Loans held for investment 9,365,996 9,298,212
Less: allowance for credit losses 138,809 134,192
Net loans held for investment 9,227,187 9,164,020
Premises and equipment, net 153,397 146,316
Other real estate owned, net 4,085 5,794
Operating lease right-of-use assets 57,054 60,043
Interest receivable 44,737 45,684
Mortgage servicing rights, at fair value 164,879 168,365
Goodwill 242,561 242,561
Core deposit and other intangibles, net 11,378 12,368
Bank-owned life insurance 74,963 75,329
Other assets 201,007 227,956
Total assets 13,101,147 12,847,756
Deposits    
Noninterest-bearing 2,489,149 2,676,631
Interest-bearing checking 3,292,883 3,059,984
Money market and savings 3,904,013 3,697,245
Customer time deposits 1,496,024 1,420,131
Brokered and internet time deposits 846 1,843
Total deposits 11,182,915 10,855,834
Borrowings 312,131 415,677
Operating lease liabilities 67,345 69,754
Accrued expenses and other liabilities 168,967 180,973
Total liabilities 11,731,358 11,522,238
Commitments and contingencies (Note 8)
SHAREHOLDERS' EQUITY    
Common stock, $1 par value per share; 75,000,000 shares authorized; 46,762,626 and 46,737,912 shares issued and outstanding, respectively 46,763 46,738
Additional paid-in capital 856,628 861,588
Retained earnings 615,871 586,532
Accumulated other comprehensive loss, net (149,566) (169,433)
Total FB Financial Corporation common shareholders' equity 1,369,696 1,325,425
Noncontrolling interest 93 93
Total equity 1,369,789 1,325,518
Total liabilities and shareholders' equity $ 13,101,147 $ 12,847,756