FB Financial (FBK) Investor presentation summary

Franchise and footprint

• 2Q26 assets of $16.8B, loans HFI of $12.9B and deposits of $14.3B; 90 full-service branches across TN, AL, GA and KY, with over 1,600 teammates.

• Southern States merger closed and systems converted in 3Q25; acquired franchise had $2.9B in assets, 15 branches and 2 loan production offices.

• Ranked No. 6 in Nashville market share, with top-10 positions in seven additional MSAs across the footprint.

Earnings and operating performance

• FTE net interest income rose to $149.8M from $146.8M QoQ; 2Q26 NIM was 3.95%, versus 3.94% in 1Q26.

• Adjusted PPNR was $83.6M, up from $78.2M in 1Q26; adjusted efficiency ratio improved to 52.0% from 54.3%.

• Mortgage segment pre-tax net contribution was $1.6M; revenue fell ~2% QoQ amid higher market rates and volatility, while lower personnel costs improved expenses.

Loans and deposits

• Loans HFI ended at $12.9B, up $362M, or 11.6% annualized; largest cited growth contributions were CRE non-owner occupied (+$147M) and residential real estate (+$146M).

• Deposits grew at a 7.70% annualized rate; customer deposits increased ~$159M, led by noninterest-bearing and time deposits.

• Cost of deposits declined to 2.26%; noninterest-bearing deposits were 19.3% of total deposits at quarter-end.