XML 22 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 146,542 $ 259,872
Federal funds sold and reverse repurchase agreements 83,324 210,536
Interest-bearing deposits in financial institutions 581,066 556,644
Cash and cash equivalents 810,932 1,027,052
Investments:    
Available-for-sale debt securities, at fair value 1,471,973 1,471,186
Equity securities, at fair value 0 2,990
Federal Home Loan Bank stock, at cost 34,190 58,641
Loans held for sale (includes $46,618 and $113,240 at fair value, respectively) 67,847 139,451
Loans held for investment 9,408,783 9,298,212
Less: allowance for credit losses on loans HFI 150,326 134,192
Net loans held for investment 9,258,457 9,164,020
Premises and equipment, net 155,731 146,316
Operating lease right-of-use assets 54,295 60,043
Interest receivable 52,715 45,684
Mortgage servicing rights, at fair value 164,249 168,365
Bank-owned life insurance 76,143 75,329
Other real estate owned, net 3,192 5,794
Goodwill 242,561 242,561
Core deposit and other intangibles, net 8,709 12,368
Other assets 203,409 227,956
Total assets 12,604,403 12,847,756
Deposits    
Noninterest-bearing 2,218,382 2,676,631
Interest-bearing checking 2,504,421 3,059,984
Money market and savings 4,204,851 3,697,245
Customer time deposits 1,469,811 1,420,131
Brokered and internet time deposits 150,822 1,843
Total deposits 10,548,287 10,855,834
Borrowings 390,964 415,677
Operating lease liabilities 67,643 69,754
Accrued expenses and other liabilities 142,622 180,973
Total liabilities 11,149,516 11,522,238
SHAREHOLDERS' EQUITY    
Common stock, $1 par value per share; 75,000,000 shares authorized; 46,848,934 and 46,737,912 shares issued and outstanding, respectively 46,849 46,738
Additional paid-in capital 864,258 861,588
Retained earnings 678,412 586,532
Accumulated other comprehensive loss, net (134,725) (169,433)
Total FB Financial Corporation common shareholders' equity 1,454,794 1,325,425
Noncontrolling interest 93 93
Total equity 1,454,887 1,325,518
Total liabilities and shareholders' equity $ 12,604,403 $ 12,847,756