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FB Financial Corp

For the period ended Dec 31, 2024. Filed Feb 25, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 25, 2025

FBK$55.10+1.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated balance sheets

(Amounts are in thousands except share and per share amounts)

December 31,
20242023
ASSETS
Cash and due from banks$120,153$146,542
Federal funds sold and reverse repurchase agreements125,82583,324
Interest-bearing deposits in financial institutions796,510581,066
Cash and cash equivalents1,042,488810,932
Investments:
Available-for-sale debt securities, at fair value1,538,0081,471,973
Federal Home Loan Bank stock, at cost32,74934,190
Loans held for sale (includes $95,403 and $46,618 at fair value, respectively)126,76067,847
Loans held for investment9,602,3849,408,783
Less: allowance for credit losses on loans HFI151,942150,326
Net loans held for investment9,450,4429,258,457
Premises and equipment, net148,899155,731
Operating lease right-of-use assets47,96354,295
Interest receivable49,61152,715
Mortgage servicing rights, at fair value162,038164,249
Bank-owned life insurance72,50476,143
Other real estate owned, net4,4093,192
Goodwill242,561242,561
Core deposit and other intangibles, net5,7628,709
Other assets233,288203,409
Total assets$13,157,482$12,604,403
LIABILITIES
Deposits
Noninterest-bearing$2,116,232$2,218,382
Interest-bearing checking2,906,4252,504,421
Money market and savings4,338,4834,204,851
Customer time deposits1,380,2051,469,811
Brokered and internet time deposits469,089150,822
Total deposits11,210,43410,548,287
Borrowings176,789390,964
Operating lease liabilities60,02467,643
Accrued expenses and other liabilities142,604142,622
Total liabilities11,589,85111,149,516
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, respectively46,66346,849
Additional paid-in capital860,266864,258
Retained earnings762,293678,412
Accumulated other comprehensive loss, net(101,684)(134,725)
Total FB Financial Corporation common shareholders’ equity1,567,5381,454,794
Noncontrolling interest9393
Total equity1,567,6311,454,887
Total liabilities and shareholders’ equity$13,157,482$12,604,403
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.