|
Interest and fees on loans
|
|
$154.0m
|
$221.0m
|
$260.5m
|
$294.6m
|
$359.3m
|
$436.4m
|
$599.2m
|
$626.4m
|
$731.9m
|
|
Taxable
|
|
$10.1m
|
$12.4m
|
$13.2m
|
$10.3m
|
$15.2m
|
$25.5m
|
$27.3m
|
$50.1m
|
$57.9m
|
|
Tax-exempt
|
|
$4.0m
|
$4.0m
|
$4.8m
|
$7.1m
|
$7.7m
|
$7.3m
|
$7.2m
|
$4.7m
|
$4.2m
|
|
Other
|
|
$1.6m
|
$2.1m
|
$4.1m
|
$2.7m
|
$2.9m
|
$12.3m
|
$44.8m
|
$44.3m
|
$39.9m
|
|
Deposits
|
|
$13.0m
|
$29.5m
|
$51.6m
|
$42.9m
|
$30.2m
|
$56.6m
|
$258.8m
|
$296.3m
|
$309.2m
|
|
Borrowings
|
|
$3.3m
|
$6.0m
|
$4.9m
|
$6.1m
|
$7.4m
|
$12.5m
|
$12.4m
|
$12.7m
|
$8.6m
|
|
Net interest income
|
|
$153.3m
|
$204.1m
|
$226.0m
|
$265.7m
|
$347.4m
|
$412.2m
|
$407.2m
|
$416.5m
|
$516.1m
|
|
Provision for credit losses on loans HFI
|
|
—
|
—
|
$7.1m
|
$94.6m
|
($39.0m)
|
$10.4m
|
$16.7m
|
$14.7m
|
$33.2m
|
|
Provision for (reversal of) credit losses on unfunded commitments
|
|
—
|
$0
|
$0
|
$13.4m
|
($2.0m)
|
$8.6m
|
($14.2m)
|
($2.7m)
|
$10.1m
|
|
Net interest income after provision for credit losses
|
|
$154.2m
|
$198.7m
|
$219.0m
|
$157.7m
|
$388.4m
|
$393.3m
|
$404.7m
|
$404.5m
|
$472.8m
|
|
Mortgage banking income, investment services and trust income, service charges on deposit accounts, ATM and interchange fees
|
|
$137.1m
|
$124.4m
|
$127.8m
|
$286.5m
|
$206.1m
|
$110.1m
|
$78.4m
|
$85.5m
|
$96.0m
|
|
Loss from investment securities, net
|
|
$285k
|
($116k)
|
$57k
|
$1.6m
|
$324k
|
($376k)
|
($14.0m)
|
($56.4m)
|
($60.5m)
|
|
Loss on sales or write-downs of premises and equipment, other real estate owned and other assets, net
|
|
$774k
|
($99k)
|
$545k
|
($1.5m)
|
$2.5m
|
($114k)
|
($27k)
|
($2.2m)
|
($1.2m)
|
|
Other income
|
|
$4.1m
|
$6.2m
|
$7.1m
|
$15.3m
|
$19.0m
|
$5.2m
|
$6.1m
|
$12.1m
|
$9.6m
|
|
Salaries, commissions and employee benefits
|
|
$130.0m
|
$136.9m
|
$152.1m
|
$233.8m
|
$248.3m
|
$211.5m
|
$203.4m
|
$183.8m
|
$217.7m
|
|
Data processing
|
|
$6.5m
|
$9.1m
|
$10.6m
|
$11.4m
|
$10.0m
|
$9.3m
|
$9.2m
|
$9.6m
|
$9.7m
|
|
Advertising
|
|
$13.0m
|
$13.1m
|
$9.1m
|
$10.1m
|
$13.9m
|
$11.2m
|
$8.3m
|
$7.0m
|
$9.6m
|
|
Legal and professional fees
|
|
$5.7m
|
$7.9m
|
$7.5m
|
$7.7m
|
$9.2m
|
$15.0m
|
$8.9m
|
$7.7m
|
$8.1m
|
|
Amortization of core deposit and other intangibles
|
|
$2.0m
|
$3.2m
|
$4.3m
|
$5.3m
|
$5.5m
|
$4.6m
|
$3.7m
|
$2.9m
|
$5.3m
|
|
Total interest income
|
|
$169.6m
|
$239.6m
|
$282.5m
|
$314.6m
|
$385.0m
|
$481.4m
|
$678.4m
|
$725.5m
|
$833.9m
|
|
Total noninterest income
|
|
$141.6m
|
$130.6m
|
$135.4m
|
$301.9m
|
$228.3m
|
$114.7m
|
$70.5m
|
$39.1m
|
$43.9m
|
|
Income before income taxes
|
|
$73.5m
|
$105.9m
|
$109.5m
|
$82.5m
|
$243.1m
|
$159.6m
|
$150.3m
|
$146.7m
|
$138.5m
|
|
Net income applicable to FB Financial Corporation
|
|
$52.4m
|
$80.2m
|
$83.8m
|
$63.6m
|
$190.3m
|
$124.6m
|
$120.2m
|
$116.0m
|
$122.6m
|
|
Net income applicable to FB Financial Corporation and noncontrolling interest
|
|
$52.4m
|
$80.2m
|
$83.8m
|
$63.6m
|
$190.3m
|
$124.6m
|
$120.2m
|
$116.1m
|
$122.6m
|
|
Net income applicable to noncontrolling interest
|
|
—
|
$0
|
$0
|
$8k
|
$16k
|
$16k
|
$16k
|
$16k
|
$16k
|
|
Basic (in dollars per share)
|
|
$1.90
|
$2.60
|
$2.70
|
$1.69
|
$4.01
|
$2.64
|
$2.57
|
$2.48
|
$2.47
|
|
Diluted (in dollars per share)
|
|
$1.86
|
$2.55
|
$2.65
|
$1.67
|
$3.97
|
$2.64
|
$2.57
|
$2.48
|
$2.45
|
|
Occupancy and equipment expense
|
|
$13.0m
|
$14.0m
|
$15.6m
|
$19.0m
|
$22.7m
|
$23.6m
|
$28.1m
|
$26.2m
|
$28.1m
|
|
Merger and integration costs
|
|
$19.0m
|
$1.6m
|
$5.4m
|
$34.9m
|
$0
|
$0
|
$0
|
$0
|
$23.8m
|
|
Other expense
|
|
$33.1m
|
$37.7m
|
$40.2m
|
$55.0m
|
$64.0m
|
$60.7m
|
$63.3m
|
$59.6m
|
$75.8m
|
|
Income tax expense
|
|
$21.1m
|
$25.6m
|
$25.7m
|
$18.8m
|
$52.8m
|
$35.0m
|
$30.1m
|
$30.6m
|
$15.9m
|
|
Total interest expense
|
|
$16.3m
|
$35.5m
|
$56.5m
|
$49.0m
|
$37.6m
|
$69.2m
|
$271.2m
|
$309.0m
|
$317.8m
|
|
Total noninterest expense
|
|
$222.3m
|
$223.5m
|
$244.8m
|
$377.1m
|
$373.6m
|
$348.3m
|
$324.9m
|
$296.9m
|
$378.2m
|