| Schedule of Segment Financial Information |
| | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2020 | |
Banking(4) | | Mortgage | | Consolidated | | Net interest income | | $ | 265,581 | | | $ | 77 | | | $ | 265,658 | | Provisions for credit losses(1) | | 107,967 | | | — | | | 107,967 | | | Mortgage banking income | | — | | | 289,702 | | | 289,702 | | Change in fair value of mortgage servicing rights, net of hedging(2) | | — | | | (34,374) | | | (34,374) | | | Other noninterest income | | 46,527 | | | — | | | 46,527 | | | Depreciation and amortization | | 6,425 | | | 584 | | | 7,009 | | | Amortization of intangibles | | 5,323 | | | — | | | 5,323 | | | Other noninterest mortgage banking expense | | — | | | 150,808 | | | 150,808 | | Other noninterest expense(3) | | 212,890 | | | 1,055 | | | 213,945 | | | Income before income taxes | | $ | (20,497) | | | $ | 102,958 | | | $ | 82,461 | | | Income tax expense | | | | | | 18,832 | | Net income applicable to FB Financial Corporation and noncontrolling interest | | | | | | $ | 63,629 | | | Net income applicable to noncontrolling interest | | | | | | 8 | | | Net income applicable to FB Financial Corporation | | | | | | $ | 63,621 | | | Total assets | | $ | 10,254,324 | | | $ | 953,006 | | | $ | 11,207,330 | | | Goodwill | | 242,561 | | | — | | | 242,561 | |
(1)Included $13,361 in provision for credit losses on unfunded commitments. (2)Included in mortgage banking income in the Company's consolidated statements of income. (3)Included $33,824 of merger costs in the Banking segment related to the acquisition and integration of Farmers National and Franklin, and $1,055 of merger costs in the Mortgage segment related to the Franklin merger. (4)Banking segment includes noncontrolling interest.
| | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2019 | | Banking | | Mortgage | | Consolidated | | Net interest income | | $ | 226,098 | | | $ | (62) | | | $ | 226,036 | | | Provisions for credit losses | | 7,053 | | | — | | | 7,053 | | | Mortgage banking income | | — | | | 117,905 | | | 117,905 | | Change in fair value of mortgage servicing rights, net of hedging(1) | | — | | | (16,989) | | | (16,989) | | | Other noninterest income | | 34,481 | | | — | | | 34,481 | | | Depreciation and amortization | | 4,670 | | | 506 | | | 5,176 | | | Amortization of intangibles | | 4,339 | | | — | | | 4,339 | | | Other noninterest mortgage banking expense | | — | | | 88,673 | | | 88,673 | | Other noninterest expense(2) | | 144,658 | | | 1,995 | | | 146,653 | | | Income before income taxes | | $ | 99,859 | | | $ | 9,680 | | | $ | 109,539 | | | Income tax expense | | | | | | 25,725 | | | Net income | | | | | | $ | 83,814 | | | Total assets | | $ | 5,700,558 | | | $ | 424,363 | | | $ | 6,124,921 | | | Goodwill | | 169,051 | | | — | | | 169,051 | |
(1)Included in mortgage banking income in the Company's consolidated statements of income. (2)Includes $5,385 in merger costs in the Banking segment related to the Atlantic Capital branch acquisition and $1,995 in mortgage restructuring charges in the Mortgage segment. | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2018 | | Banking | | Mortgage | | Consolidated | | Net interest income | | $ | 204,517 | | | $ | (449) | | | $ | 204,068 | | | Provisions for credit losses | | 5,398 | | | — | | | 5,398 | | | Mortgage banking income | | — | | | 109,334 | | | 109,334 | | Change in fair value of mortgage servicing rights, net of hedging(1) | | — | | | (8,673) | | | (8,673) | | | Other noninterest income | | 29,981 | | | — | | | 29,981 | | | Depreciation and amortization | | 3,827 | | | 507 | | | 4,334 | | | Amortization of intangibles | | 3,185 | | | — | | | 3,185 | | | Other noninterest mortgage banking expense | | — | | | 94,739 | | | 94,739 | | Other noninterest expense(2) | | 121,200 | | | — | | | 121,200 | | | Income before income taxes | | $ | 100,888 | | | $ | 4,966 | | | $ | 105,854 | | | Income tax expense | | | | | | 25,618 | | | Net income | | | | | | $ | 80,236 | | | Total assets | | $ | 4,713,346 | | | $ | 423,418 | | | $ | 5,136,764 | | | Goodwill | | 137,090 | | | 100 | | | 137,190 | |
(1)Included in mortgage banking income in the Company's consolidated statements of income. (2)Included $1,594 in merger costs and $671 in costs related to follow-on secondary offering in the Banking segment.
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