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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 149,607 $ 120,153
Federal funds sold and reverse repurchase agreements 109,982 125,825
Interest-bearing deposits in financial institutions 535,117 796,510
Cash and cash equivalents 794,706 1,042,488
Investments:    
Available-for-sale debt securities, at fair value 1,580,720 1,538,008
Federal Home Loan Bank stock, at cost 32,234 32,749
Loans held for sale (includes $145,618 and $95,403 at fair value, respectively) 172,770 126,760
Loans held for investment 9,771,536 9,602,384
Less: allowance for credit losses on loans HFI 150,531 151,942
Net loans held for investment 9,621,005 9,450,442
Premises and equipment, net 146,272 148,899
Operating lease right-of-use assets 47,381 47,963
Interest receivable 51,268 49,611
Mortgage servicing rights, at fair value 156,379 162,038
Bank-owned life insurance 72,400 72,504
Other real estate owned, net 3,326 4,409
Goodwill 242,561 242,561
Core deposit and other intangibles, net 5,106 5,762
Other assets 210,321 233,288
Total assets 13,136,449 13,157,482
Deposits    
Noninterest-bearing 2,163,934 2,116,232
Interest-bearing checking 2,776,958 2,906,425
Money market and savings 4,482,908 4,338,483
Customer time deposits 1,363,770 1,380,205
Brokered and internet time deposits 414,428 469,089
Total deposits 11,201,998 11,210,434
Borrowings 168,944 176,789
Operating lease liabilities 59,174 60,024
Accrued expenses and other liabilities 104,278 142,604
Total liabilities 11,534,394 11,589,851
SHAREHOLDERS’ EQUITY    
Common stock, $1 par value per share; 75,000,000 shares authorized; 46,514,547 and 46,663,120 shares issued and outstanding, respectively 46,515 46,663
Additional paid-in capital 854,715 860,266
Retained earnings 792,685 762,293
Accumulated other comprehensive loss, net (91,953) (101,684)
Total FB Financial Corporation common shareholders’ equity 1,601,962 1,567,538
Noncontrolling interest 93 93
Total equity 1,602,055 1,567,631
Total liabilities and shareholders’ equity $ 13,136,449 $ 13,157,482