FB Financial Corp
For the period ended Mar 31, 2025. Filed May 5, 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 5, 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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Item 1. Consolidated balance sheets
(Amounts are in thousands except share and per share amounts)
| March 31, | December 31, | |
|---|---|---|
| 2025 (Unaudited) | 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 |
| LIABILITIES | ||
| 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 |
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