Credit and loan losses
The majority of assets are loans, so borrower stress directly affects earnings and capital.
- Scope
- Commercial and consumer loan portfolios
- Materiality
- high
FB Financial Corp
FB Financial Corp is a Nashville-based financial holding company that operates through its bank subsidiary, FirstBank. It provides commercial and consumer banking, mortgage banking, and related fee-based services across select markets in Tennessee and neighboring Southeastern states.
| % | |
|---|---|
| Banking | 75% Core commercial and consumer banking services, including loans, deposits, fees, and treasury-related income. |
| Mortgage | 25% Retail mortgage banking activities, including origination fees, secondary-market gains, and servicing revenue. |
The company serves commercial borrowers, retail consumers, and local businesses in its branch footprint, with a strong...
- Commercial banking clientsprimary
Businesses in Tennessee and nearby markets that borrow, deposit cash, and use fee-based banking services.
- Consumer banking clientsprimary
Households using deposit accounts, consumer loans, and branch-based banking services.
- Mortgage borrowerssecondary
Homebuyers and refinancing customers who use FirstBank for mortgage origination and servicing.
- Deposit and treasury customersprimary
Customers providing low-cost funding through transaction and savings deposits.
- Wealth and trust clientssecondary
Customers using trust and investment services for fee income and relationship deepening.
FB Financial is concentrated in the southeastern United States, with its headquarters in Nashville and a large branch...
- •Headquartered in Nashville, Tennessee
- •Primary banking footprint across Tennessee markets
- •Branches in Alabama, Kentucky, and North Georgia
- •Mortgage banking offices across the southeastern U.S.
- •Local-market concentration increases competition sensitivity
The company is focused on maintaining strong capital, growing core banking relationships, and integrating acquisitions...
01
Capital preservation and balance-sheet strengthshort-term
Strong capital supports lending capacity, regulatory compliance, and acquisition optionality.
02
Acquisition integrationshort-term
Successful integration can expand market share and improve operating leverage.
03
Technology and delivery-channel modernizationmedium-term
Digital capabilities are needed to retain customers and compete with larger banks and fintechs.
FB Financial faces credit risk, interest-rate sensitivity, and intense competition in its core markets, especially...
Competitive pressure in Nashville and other core markets
Larger banks, community banks, and non-bank lenders compete for the same deposits and loans.
- Scope
- Core Tennessee footprint
- Materiality
- high
Merger and integration execution risk
Acquisitions can create systems, control, and cost-synergy risks if integration is delayed or incomplete.
- Scope
- Southern States merger and future acquisitions
- Materiality
- high
Cybersecurity and operational resilience
Technology dependence increases exposure to outages, fraud, and data privacy incidents.
- Scope
- Digital banking and internal systems
- Materiality
- high
Disintermediation from fintech and alternative payment channels
Customers may move deposits and transactions away from banks, reducing fee income and funding.
- Scope
- Deposit base and transaction services
- Materiality
- medium
Allowance for credit losses
Higher expected losses reduce net income and book value
Acquisition accounting and fair value estimates
Can affect goodwill, intangibles, and future amortization
Goodwill impairment
Potential non-cash charge to equity and earnings
Available-for-sale securities valuation
Affects shareholders' equity and regulatory capital
Mortgage revenue recognition
Quarterly revenue can be uneven
: 28.4.2026