secwatch.observer — SEC 8-K summary
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Issuer:     FB Bancorp, Inc. /MD/ (FBLA)
CIK:        0002013639
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001193125-26-057030
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FB Bancorp reports 2025 net income $1.3M, sells mortgage unit to exit $2.7M loss segment
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- FY25 net income $1.3M (continuing ops $3.9M, $0.22 EPS) vs FY24 net loss $6.2M (continuing ops $1.5M).
- Mortgage banking segment sale to close Feb 28, 2026; eliminates $2.7M annual loss and 108 jobs.
- Q4 2025 net loss $1.4M (continuing ops net income $528k) vs Q4 2024 net loss $5.4M; net interest margin 4.36%.
- Non-performing loans rose to 2.26% of total loans from 1.72%; Gulf Coast residential loans pressured by insurance costs.
- Completed repurchase of 1,983,750 shares at avg $12.725; total equity down $11.8M due to buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013639/000119312526057030/0001193125-26-057030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013639/000119312526057030/ck0002013639-20260218.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-057030

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