FB Bancorp, Inc. /MD/
For the period ended Mar 31, 2025. Filed May 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 12, 2025
FBLA$16.61+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Financial Condition
Consolidated Statements of Financial Condition (Unaudited)
(Dollars in thousands, except share data)
| March 31,2025 | December 31,2024 | |
|---|---|---|
| (Dollars in thousands) | ||
| ASSETS | ||
| Cash and due from banks | $7,359 | $6,841 |
| Interest-bearing deposits at other financial institutions | 91,216 | 92,004 |
| Total cash and cash equivalents | 98,575 | 98,845 |
| Securities available for sale, at fair value (amortized cost of $266,117 and $264,639, respectively) | 250,998 | 244,119 |
| Derivative assets | 540 | 439 |
| Loans held for sale, at fair value | 20,860 | 26,026 |
| Loans held for investment | 770,585 | 756,897 |
| Less: allowance for credit losses | (6,195) | (6,244) |
| Loans held for investment, net | 764,390 | 750,653 |
| Federal Home Loan Bank stock, at cost | 3,223 | 4,354 |
| Bank owned life insurance | 15,073 | 14,986 |
| Accrued interest receivable | 5,563 | 5,729 |
| Premises and equipment, net | 56,562 | 54,145 |
| Other real estate owned | 650 | 610 |
| Mortgage servicing rights | 1,012 | 1,078 |
| Prepaid expenses | 2,706 | 2,151 |
| Other assets | 17,622 | 17,798 |
| Total assets | $1,237,774 | $1,220,933 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Deposits: | ||
| Non-interest bearing | $139,573 | $132,258 |
| Interest bearing | 683,872 | 668,484 |
| Total deposits | 823,445 | 800,742 |
| Advances by borrowers for taxes and insurance | 5,664 | 6,537 |
| Other borrowings | 61,500 | 73,500 |
| Accrued interest payable | 359 | 380 |
| Other liabilities | 15,397 | 13,519 |
| Total liabilities | 906,365 | 894,678 |
| Stockholders' Equity: | ||
| Preferred stock, $0.01 par value - 5,000,000 shares authorized; none issued | — | — |
| Common stock, $0.01 par value - 120,000,000 shares authorized; 19,837,500 issued and outstanding at March 31, 2025 and December 31, 2024 | 198 | 198 |
| Additional paid-in capital | 193,574 | 193,571 |
| Unearned ESOP shares - 1,507,650 and 1,523,520 shares as of March 31, 2025 and December 31, 2024, respectively | (17,036) | (17,215) |
| Retained earnings | 166,617 | 165,912 |
| Accumulated other comprehensive income (loss) | (11,944) | (16,211) |
| Total stockholders' equity | 331,409 | 326,255 |
| Total liabilities and stockholders' equity | $1,237,774 | $1,220,933 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.