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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Direct-to-Consumer Channel Volume
Interest rate lock commitment volume and sales volume included in the Mortgage segment are as follows for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Interest rate lock commitment volume by delivery    channel:
Direct-to-consumer $— $95,756 $— $663,848 
Retail402,951 605,114 777,993 1,346,129 
       Total$402,951 $700,870 $777,993 $2,009,977 
Mortgage loan sales$330,326 $869,688 $662,633 $2,154,170 
Schedule of Segment Financial Information
The following tables provide segment financial information for the periods indicated:
Three Months Ended June 30, 2023
Banking(2)
MortgageConsolidated
Net interest income$101,543 $— $101,543 
Provisions for credit losses (1,078)— (1,078)
Mortgage banking income— 16,454 16,454 
Change in fair value of mortgage servicing rights, net of hedging(1)
— (4,222)(4,222)
Other noninterest income11,480 101 11,581 
Depreciation and amortization2,220 232 2,452 
Amortization of intangibles940 — 940 
Other noninterest expense64,493 13,407 77,900 
Income (loss) before income taxes$46,448 $(1,306)$45,142 
Income tax expense9,835 
Net income applicable to FB Financial Corporation and noncontrolling
interest
35,307 
Net income applicable to noncontrolling interest(2)
Net income applicable to FB Financial Corporation$35,299 
Total assets$12,302,812 $584,583 $12,887,395 
Goodwill242,561 — 242,561 
(1) Change in fair value of mortgage servicing rights, net of hedging is included in mortgage banking income in the Company's consolidated statements of income.
(2) Banking segment includes noncontrolling interest.

Three Months Ended June 30, 2022
Banking(3)
MortgageConsolidated
Net interest income$102,171 $— $102,171 
Provisions for credit losses 12,318 — 12,318 
Mortgage banking income— 23,711 23,711 
Change in fair value of mortgage servicing rights, net of hedging(1)
— (1,152)(1,152)
Other noninterest income10,699 (44)10,655 
Depreciation and amortization1,731 281 2,012 
Amortization of intangibles1,194 — 1,194 
Other noninterest expense(2)
56,395 37,396 93,791 
Income (loss) before income taxes$41,232 $(15,162)$26,070 
Income tax expense6,717 
Net income applicable to FB Financial Corporation and noncontrolling
interest
19,353 
Net income applicable to noncontrolling interest(3)
Net income applicable to FB Financial Corporation$19,345 
Total assets$11,469,762 $724,100 $12,193,862 
Goodwill242,561 — 242,561 
(1) Change in fair value of mortgage servicing rights, net of hedging is included in mortgage banking income in the Company's consolidated statements of income.
(2) Includes $12,458 in Mortgage restructuring expenses in the Mortgage segment related to the exit from the direct-to-consumer internet delivery channel.
(3) Banking segment includes noncontrolling interest.
Six Months Ended June 30, 2023
Banking(2)
MortgageConsolidated
Net interest income$205,203 $— $205,203 
Provisions for credit losses (587)— (587)
Mortgage banking income— 31,947 31,947 
Change in fair value of mortgage servicing rights, net of hedging(1)
— (7,629)(7,629)
Other noninterest income22,973 (129)22,844 
Depreciation and amortization4,269 411 4,680 
Amortization of intangibles1,930 — 1,930 
Other noninterest expense129,804 25,318 155,122 
Income (loss) before income taxes$92,760 $(1,540)$91,220 
Income tax expense19,532 
Net income applicable to FB Financial Corporation and noncontrolling
interest
71,688 
Net income applicable to noncontrolling interest(2)
Net income applicable to FB Financial Corporation$71,680 
Total assets$12,302,812 $584,583 $12,887,395 
Goodwill242,561 — 242,561 
(1) Change in fair value of mortgage servicing rights, net of hedging is included in mortgage banking income in the Company's consolidated statements of income.
(2) Banking segment includes noncontrolling interest.

Six Months Ended June 30, 2022
Banking(3)
MortgageConsolidated
Net interest income$190,355 $(2)$190,353 
Provisions for credit losses 8,071 — 8,071 
Mortgage banking income— 52,989 52,989 
Change in fair value of mortgage servicing rights, net of hedging(1)
— (899)(899)
Other noninterest income22,682 (166)22,516 
Depreciation and amortization3,441 607 4,048 
Amortization of intangibles2,438 — 2,438 
Other noninterest expense(2)
113,025 66,758 179,783 
Income (loss) before income taxes$86,062 $(15,443)$70,619 
Income tax expense16,030 
Net income applicable to FB Financial Corporation and noncontrolling
interest
54,589 
Net income applicable to noncontrolling interest(3)
Net income applicable to FB Financial Corporation$54,581 
Total assets$11,469,762 $724,100 $12,193,862 
Goodwill242,561 — 242,561 
(1)Change in fair value of mortgage servicing rights, net of hedging is included in mortgage banking income in the Company's consolidated statements of income.
(2)Includes $12,458 in Mortgage restructuring expenses in the Mortgage segment related to the exit from the direct-to-consumer internet delivery channel.
(3)Banking segment includes noncontrolling interest.