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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income attributable to FB Financial Corporation and noncontrolling interest $ 71,688 $ 54,589
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of fixed assets and software 4,680 4,048
Amortization of core deposit and other intangibles 1,930 2,438
Amortization of issuance costs on subordinated debt 194 193
Capitalization of mortgage servicing rights (4,061) (15,070)
Net change in fair value of mortgage servicing rights 5,993 (28,096)
Stock-based compensation expense 5,533 5,620
Provision for credit losses on loans HFI 7,572 2,052
Provision for credit losses on unfunded commitments (8,159) 6,019
Provision for mortgage loan repurchases (450) (1,189)
(Accretion) amortization of discounts and premiums on acquired loans, net (305) 2,288
Amortization of premiums and accretion of discounts on securities, net 2,691 3,692
(Gain) loss from securities, net (41) 261
Originations of loans held for sale (641,962) (1,719,488)
Proceeds from sale of loans held for sale 679,456 2,213,443
Gain on sale and change in fair value of loans held for sale (17,495) (35,410)
Net (gain) loss on write-downs of other real estate owned and other assets (350) 442
Provision for deferred income taxes 2,629 12,461
Earnings on bank-owned life insurance (983) (728)
Changes in:    
Operating lease assets and liabilities, net 1,033 166
Other assets and interest receivable (2,727) 13,566
Accrued expenses and other liabilities (250) 7,279
Net cash provided by operating activities 106,616 528,576
Activity in available-for-sale securities:    
Sales 0 1,218
Maturities, prepayments and calls 58,415 126,349
Purchases (905) (243,209)
Net change in loans (15,832) (990,402)
Sales of FHLB stock 26,368 0
Purchases of FHLB stock (7,993) (2,364)
Purchases of premises and equipment (12,576) (3,224)
Proceeds from the sale of premises and equipment 0 875
Proceeds from the sale of other real estate owned 5,155 418
Proceeds from the sale of other assets 775 0
Proceeds from bank-owned life insurance 236 0
Net cash provided by (used in) investing activities 53,643 (1,110,339)
Cash flows from financing activities:    
Net increase (decrease) in deposits 15,489 (287,478)
Net increase (decrease) in securities sold under agreements to repurchase and federal funds    purchased 29,275 (9,010)
Net decrease in short-term FHLB advances (50,000) 0
Share based compensation withholding payments (2,921) (2,146)
Net proceeds from sale of common stock under employee stock purchase program 321 687
Repurchase of common stock (4,944) (32,743)
Dividends paid on common stock (14,011) (12,304)
Dividend equivalent payments made upon vesting of equity compensation (158) (114)
Noncontrolling interest distribution (8) (8)
Net cash used in financing activities (26,957) (343,116)
Net change in cash and cash equivalents 133,302 (924,879)
Cash and cash equivalents at beginning of the period 1,027,052 1,797,740
Cash and cash equivalents at end of the period 1,160,354 872,861
Supplemental cash flow information:    
Interest paid 116,211 15,638
Taxes paid, net 29,338 726
Supplemental noncash disclosures:    
Transfers from loans to other real estate owned 593 563
Transfers from loans to other assets 1,391 0
Loans provided for sales of other assets 424 0
Transfers from loans to loans held for sale 10,545 20,016
Transfers from loans held for sale to loans 2,755 14,179
Decrease in rebooked GNMA loans under optional repurchase program (5,986) 0
Dividends declared not paid on restricted stock units 158 118
Right-of-use assets obtained in exchange for operating lease liabilities $ 3,477 $ 2,317