Consolidated balance sheets - USD ($)
$ in Thousands |
Dec. 31, 2020 |
Dec. 31, 2019 |
| ASSETS |
|
|
| Cash and due from banks |
$ 110,991
|
$ 48,806
|
| Federal funds sold |
121,153
|
131,119
|
| Interest-bearing deposits in financial institutions |
1,085,754
|
52,756
|
| Cash and cash equivalents |
1,317,898
|
232,681
|
| Investments: |
|
|
| Available-for-sale debt securities, at fair value |
1,172,400
|
688,381
|
| Equity securities, at fair value |
4,591
|
3,295
|
| Federal Home Loan Bank stock, at cost |
31,232
|
15,976
|
| Loans held for sale, at fair value |
899,173
|
262,518
|
| Loans |
7,082,959
|
4,409,642
|
| Less: allowance for credit losses |
170,389
|
31,139
|
| Net loans |
6,912,570
|
4,378,503
|
| Premises and equipment, net |
145,115
|
90,131
|
| Other real estate owned, net |
12,111
|
18,939
|
| Operating lease right-of-use assets |
49,537
|
32,539
|
| Interest receivable |
43,603
|
17,083
|
| Mortgage servicing rights, at fair value |
79,997
|
75,521
|
| Goodwill |
242,561
|
169,051
|
| Core deposit and other intangibles, net |
22,426
|
17,589
|
| Other assets |
274,116
|
122,714
|
| Total assets |
11,207,330
|
6,124,921
|
| Deposits |
|
|
| Noninterest-bearing |
2,274,103
|
1,208,175
|
| Interest-bearing checking |
2,491,765
|
1,014,875
|
| Money market and savings |
3,254,915
|
1,520,035
|
| Customer time deposits |
1,375,695
|
1,171,502
|
| Brokered and internet time deposits |
61,559
|
20,351
|
| Total deposits |
9,458,037
|
4,934,938
|
| Borrowings |
238,324
|
304,675
|
| Operating lease liabilities |
55,187
|
35,525
|
| Accrued expenses and other liabilities |
164,400
|
87,454
|
| Total liabilities |
9,915,948
|
5,362,592
|
| Commitments and contingencies (Note 17) |
|
|
| SHAREHOLDERS' EQUITY |
|
|
| Common stock, $1 par value per share; 75,000,000 shares authorized; 47,220,743 and 31,034,315 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively |
47,222
|
31,034
|
| Additional paid-in capital |
898,847
|
425,633
|
| Retained earnings |
317,625
|
293,524
|
| Accumulated other comprehensive income, net |
27,595
|
12,138
|
| Total FB Financial Corporation shareholders' equity |
1,291,289
|
762,329
|
| Noncontrolling interest |
93
|
0
|
| Total equity |
1,291,382
|
762,329
|
| Total liabilities and shareholders' equity |
$ 11,207,330
|
$ 6,124,921
|