FB Bancorp Inc (NASDAQ: FBLA) is a bank holding company that operates through its subsidiary Fidelity Bank, a community bank headquartered in New Orleans, Louisiana. The company takes deposits from the general public and deploys those funds into one- to four-family residential real estate loans, commercial real estate loans, commercial loans, home equity loans and lines of credit, consumer loans, and construction loans, as well as investments in mortgage-backed securities and U.S. government-sponsored enterprise obligations. Revenue depends primarily on net interest income, the spread between interest earned on loans and securities and interest paid on deposits. Secondary revenue comes from service charges on deposit accounts. FB Bancorp was incorporated in Maryland in February 2024 as the holding company for Fidelity Bank following its mutual-to-stock conversion on October 22, 2024. The company raised gross proceeds of $198,375,000 by selling 19,837,500 shares at $10 per share. As of March 26, 2026, 17,159,436 shares were outstanding with approximately 460 stockholders of record. Fidelity Bank is regulated by the Louisiana Office of Financial Institutions and the FDIC; FB Bancorp is regulated by the Federal Reserve Board.

Revenue model

Net interest income is the primary revenue source, earned as the spread between interest on loans and investment securities and interest paid on deposits including NOW accounts, savings accounts, money market accounts, and certificates of deposit. Non-interest income consists primarily of service charges on deposit accounts.

Products and services

Deposit products: negotiable orders of withdrawal (NOW accounts, $243.8M as of December 31, 2025), savings accounts, money market accounts, and certificates of deposit. Loan products: one- to four-family residential real estate loans (31.0% of total loans at December 31, 2025), commercial real estate loans (33.4%), commercial loans (12.4%), home equity loans and lines of credit (15.1%), residential construction loans (5.1%), and other consumer loans (3.1%). Investment securities consist primarily of mortgage-backed securities and U.S. government-sponsored enterprise obligations. Each branch location includes an ATM and drive-thru facility.

Customers and end markets

General public depositors and individual and commercial borrowers in the geographic markets served, primarily coastal areas in Louisiana. End markets include residential real estate, commercial real estate, and small business lending.

Value-chain role

Community bank and deposit-taking institution. Fidelity Bank originates and holds loans on its balance sheet, funded by retail deposits and supplemented by Federal Home Loan Bank advances and other borrowings. The company previously operated NOLA loan production offices, which were transferred to NOLA Lending Group effective March 1, 2026.

Geographic exposure

Operations conducted primarily from headquarters in New Orleans, Louisiana. Geographic footprint is concentrated in coastal areas, which the company identifies as a source of weather-related risk including hurricane exposure.

Source: SEC 10-K, filed 2026-03-26

Industry: Savings Institutions, Not Federally Chartered