Highest-materiality recent filing
FB Bancorp completes second stock repurchase, buying back 10% of shares at $13.72 avg.
Repurchased 1,785,375 shares, or 10% of then-outstanding shares, at average price of $13.717/share.
FB Bancorp Q1 continuing ops net income $494K ($0.03 EPS) vs $1.37M ($0.08) prior year
Net income from continuing ops $494K, down 64% YoY; diluted EPS $0.03 vs $0.08.
FB Bancorp transitions Executive Chair Crosby to non-executive role effective June 30, 2026
Katherine A. Crosby will cease as Executive Chair on June 30, 2026, and continue as non-executive Chair.
FB Bancorp stockholders elect three directors, ratify auditor at annual meeting
J. Luis Baños Jr. elected with 6,495,768 for, 3,210,102 withheld; Gerard W. Barousse Jr. 9,251,989 for, 453,881 withheld.
FB Bancorp completes sale of NOLA mortgage division assets to First Federal Bank
Fidelity Bank completed sale of NOLA mortgage division assets to First Federal Bank on March 1, 2026.
FB Bancorp reports 2025 net income $1.3M, sells mortgage unit to exit $2.7M loss segment
FY25 net income $1.3M (continuing ops $3.9M, $0.22 EPS) vs FY24 net loss $6.2M (continuing ops $1.5M).
FB Bancorp authorizes second stock repurchase of up to 1.79M shares (10% of outstanding)
Board authorized repurchase of up to 1,785,375 shares, representing 10% of shares outstanding.
FB Bancorp completes initial buyback: 1,983,750 shares at avg $12.725, 10% of outstanding
Repurchased 1,983,750 shares (10% of outstanding) at average price $12.725 per share inclusive of costs.
Fidelity Bank (FBLA) sells mortgage division NOLA Lending Group to First Federal Bank
Purchase price equals net book value of tangible assets, security deposits, prepaids, and $1,000 for IP.
FB Bancorp stockholders elect three directors, approve 2025 equity plan and auditor
Katherine A. Crosby reelected director with 8,308,790 votes for, 1,181,020 withhold.
FB Bancorp authorizes repurchase of up to 1,983,750 shares (10% of outstanding)
Board authorized repurchase of up to 1,983,750 shares, representing ~10% of shares outstanding.
FB Bancorp posts FY 2024 net loss of $6.2M; Q4 loss $5.4M on $5.8M goodwill impairment
Net loss of $6.2M for FY 2024 vs. net income of $1.1M in FY 2023; Q4 net loss $5.4M vs. $1.2M loss in Q4 2023.
FB Bancorp to record $5.8M non-cash goodwill impairment on NOLA segment
Entire goodwill balance of $5,786,000 impaired due to declining mortgage origination volume from elevated interest rates.
FB Bancorp completes mutual-to-stock conversion IPO, raises $198.4M
Sold 19.84M shares at $10.00/share, gross proceeds ~$198.4M.
FB Bancorp IPO to close Oct 22; shares start trading Oct 23 on Nasdaq under FBLA
Gross proceeds of ~$198.4M from 19.8M shares at $10.00 per share.
FB Bancorp hires Performance Trust as marketing agent for mutual-to-stock conversion offering
Management fee of $30k, success fee of 0.95% of subscription offering and 1.5% of community offering proceeds.
Under the Agreement, Ms. Crosby will continue to serve as Executive Chair of the Bank and the Company until June 30, 2026 (the "Transition Date"), at which time she will continue to serve the Bank and the Company as a non-executive Chair of the Boards of Directors and will no longer maintain an employment position with the Bank or the Company.
Max materiality 0.80 · Median 0.57 · Most common event other_material