---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-26-000003"
form_type: "8-K"
ticker: "FBLA"
cik: "0002013639"
company_name: "FB Bancorp, Inc. /MD/"
filed_at: "2026-01-05T23:59:59+00:00"
generated_at: "2026-05-16T11:44:26.145005+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Fidelity Bank (FBLA) sells mortgage division NOLA Lending Group to First Federal Bank

## Summary
- Purchase price equals net book value of tangible assets, security deposits, prepaids, and $1,000 for IP.
- Closing expected Q1 2026; First Federal to retain most NOLA Lending Group employees.
- Fidelity Bank says 2026 strategy focuses on core banking to support shareholder value.
- Transition of mortgage platform to First Federal expected within 60 days of closing; branding retained.

## SEC filing metadata
- accession: 0000943374-26-000003
- form_type: 8-K
- ticker: FBLA
- cik: 0002013639
- company_name: FB Bancorp, Inc. /MD/
- filed_at: 2026-01-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2013639/000094337426000003/0000943374-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2013639/000094337426000003/form8k_123125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-26-000003
- JSON: https://secwatch.observer/filing/0000943374-26-000003.json
- Plain text: https://secwatch.observer/filing/0000943374-26-000003.txt

## Key facts
- Material Agreements
  FB Bancorp, Inc. /MD/ entered into Asset Purchase Agreement with First Federal Bank, Lake City, Florida (effective 2025-12-31).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: First Federal Bank, Lake City, Florida
  - Effective: 2025-12-31
  source text: On December 31, 2025, Fidelity Bank, New Orleans, Louisiana (“Fidelity Bank”), the bank subsidiary of FB Bancorp, Inc. (NASDAQ: FBLA) (the “Company”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with First Federal Bank, Lake City, Florida (“First Federal Bank”), pursuant to which Fidelity Bank agreed to the sale of certain assets of its NOLA division (“NOLA”) to First Federal Bank (“Asset Purchase”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2013639/000094337426000003/0000943374-26-000003-index.htm

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