---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-25-000029"
form_type: "8-K"
ticker: "FBLA"
cik: "0002013639"
company_name: "FB Bancorp, Inc. /MD/"
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:55:26.942803+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FB Bancorp to record $5.8M non-cash goodwill impairment on NOLA segment

## Summary
- Entire goodwill balance of $5,786,000 impaired due to declining mortgage origination volume from elevated interest rates.
- NOLA segment annual closed mortgage volume fell from $1.2B in 2020 to $0.4B in 2024.
- Impairment does not affect cash flows, liquidity, tangible book equity, or regulatory capital ratios.
- Goodwill originated from 2014 acquisition of NOLA Lending Group; segment continues operations.
- Charge will materially impact Q4 2024 earnings (non-cash).

## SEC filing metadata
- accession: 0000943374-25-000029
- form_type: 8-K
- ticker: FBLA
- cik: 0002013639
- company_name: FB Bancorp, Inc. /MD/
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2013639/000094337425000029/0000943374-25-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2013639/000094337425000029/form8k_012725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-25-000029
- JSON: https://secwatch.observer/filing/0000943374-25-000029.json
- Plain text: https://secwatch.observer/filing/0000943374-25-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.