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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 120,153 $ 146,542
Federal funds sold and reverse repurchase agreements 125,825 83,324
Interest-bearing deposits in financial institutions 796,510 581,066
Cash and cash equivalents 1,042,488 810,932
Investments:    
Available-for-sale debt securities, at fair value 1,538,008 1,471,973
Federal Home Loan Bank stock, at cost 32,749 34,190
Loans held for sale (includes $95,403 and $46,618 at fair value, respectively) 126,760 67,847
Loans held for investment 9,602,384 9,408,783
Less: allowance for credit losses on loans HFI 151,942 150,326
Net loans held for investment 9,450,442 9,258,457
Premises and equipment, net 148,899 155,731
Operating lease right-of-use assets 47,963 54,295
Interest receivable 49,611 52,715
Mortgage servicing rights, at fair value 162,038 164,249
Bank-owned life insurance 72,504 76,143
Other real estate owned, net 4,409 3,192
Goodwill 242,561 242,561
Core deposit and other intangibles, net 5,762 8,709
Other assets 233,288 203,409
Total assets 13,157,482 12,604,403
Deposits    
Noninterest-bearing 2,116,232 2,218,382
Interest-bearing checking 2,906,425 2,504,421
Money market and savings 4,338,483 4,204,851
Customer time deposits 1,380,205 1,469,811
Brokered and internet time deposits 469,089 150,822
Total deposits 11,210,434 10,548,287
Borrowings 176,789 390,964
Operating lease liabilities 60,024 67,643
Accrued expenses and other liabilities 142,604 142,622
Total liabilities 11,589,851 11,149,516
SHAREHOLDERS’ EQUITY    
Common stock, $1 par value per share; 75,000,000 shares authorized; 46,663,120 and 46,848,934 shares issued and outstanding, respectively 46,663 46,849
Additional paid-in capital 860,266 864,258
Retained earnings 762,293 678,412
Accumulated other comprehensive loss, net (101,684) (134,725)
Total FB Financial Corporation common shareholders’ equity 1,567,538 1,454,794
Noncontrolling interest 93 93
Total equity 1,567,631 1,454,887
Total liabilities and shareholders’ equity $ 13,157,482 $ 12,604,403