secwatch.observer — SEC 8-K summary
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Issuer:     FB Bancorp, Inc. /MD/ (FBLA)
CIK:        0002013639
Form:       8-K
Filed at:   2026-01-05T23:59:59+00:00
Accession:  0000943374-26-000003
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013639/000094337426000003/0000943374-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013639/000094337426000003/form8k_123125.htm
  HTML page:      https://secwatch.observer/filing/0000943374-26-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer