secwatch.observer — SEC 8-K summary
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Issuer:     FB Bancorp, Inc. /MD/ (FBLA)
CIK:        0002013639
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001193125-26-209096
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FB Bancorp Q1 continuing ops net income $494K ($0.03 EPS) vs $1.37M ($0.08) prior year
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- Net income from continuing ops $494K, down 64% YoY; diluted EPS $0.03 vs $0.08.
- Net interest margin 4.47% vs 4.60% YoY; non-interest expenses up 9.75% to $11.9M.
- Completed sale of mortgage banking segment (NOLA Lending Group) on March 1, 2026, contributing $375K loss from discontinued ops.
- Repurchased 1.55M shares in Q1 under second repurchase program at avg $13.66; total equity down $16.7M.
- Non-performing loans improved to 2.00% of loans ($15.1M) from 2.26% at year-end 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013639/000119312526209096/0001193125-26-209096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013639/000119312526209096/ck0002013639-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-209096

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