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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest income:        
Interest and fees on loans $ 149,220 $ 99,655 $ 289,576 $ 186,519
Interest on securities        
Taxable 6,480 6,499 13,050 11,919
Tax-exempt 1,808 1,842 3,612 3,708
Other 12,675 2,218 23,425 3,195
Total interest income 170,183 110,214 329,663 205,341
Interest expense:        
Interest (expense) income on deposits 65,257 6,591 118,120 12,053
Interest (expense) income on borrowings 3,383 1,452 6,340 2,935
Total interest expense 68,640 8,043 124,460 14,988
Net interest income 101,543 102,171 205,203 190,353
Provision for credit losses on loans HFI 2,575 8,181 7,572 2,052
Provision for credit losses on unfunded commitments (3,653) 4,137 (8,159) 6,019
Net interest income after provisions for credit losses 102,621 89,853 205,790 182,282
Noninterest income:        
(Loss) gain from securities, net (28) (109) 41 (261)
Gain (loss) on sales or write-downs of other real estate owned and     other assets 533 (8) 350 (442)
Other income 2,485 236 6,035 2,550
Total noninterest income 23,813 33,214 47,162 74,606
Noninterest expenses:        
Salaries, commissions and employee benefits 52,020 55,181 100,808 114,624
Occupancy and equipment expense 6,281 5,853 12,190 11,256
Legal and professional fees 2,199 3,116 5,307 5,723
Data processing 2,345 2,404 4,458 4,885
Amortization of core deposit and other intangibles 940 1,194 1,930 2,438
Advertising 2,001 2,031 4,134 6,064
Mortgage restructuring expense 0 12,458 0 12,458
Other expense 15,506 14,760 32,905 28,821
Total noninterest expense 81,292 96,997 161,732 186,269
Income before income taxes 45,142 26,070 91,220 70,619
Income tax expense 9,835 6,717 19,532 16,030
Net income applicable to FB Financial Corporation and noncontrolling interest 35,307 19,353 71,688 54,589
Net income applicable to noncontrolling interest 8 8 8 8
Net income applicable to FB Financial Corporation $ 35,299 $ 19,345 $ 71,680 $ 54,581
Earnings per common share:        
Basic (in dollars per share) $ 0.75 $ 0.41 $ 1.53 $ 1.15
Diluted (in dollars per share) $ 0.75 $ 0.41 $ 1.53 $ 1.15
Mortgage banking income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 12,232 $ 22,559 $ 24,318 $ 52,090
Service charges on deposit accounts        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 3,185 2,908 6,238 5,822
Investment services and trust income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 2,777 2,275 5,155 4,407
ATM and interchange fees        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 2,629 $ 5,353 $ 5,025 $ 10,440