FB Bancorp

FB Bancorp, Inc. is a bank holding company, which engages in taking deposits from the public and investing those deposits, together with funds generated from operations. The company is headquartered in New Orleans, Louisiana. The company went IPO on 2024-10-23. The Bank business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in 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. The Bank operates through two segments: traditional banking and mortgage banking. Traditional banking operations consist primarily of interest earned on loans held for investment and securities and fees from deposit services. Mortgage banking operations consist principally of interest earned on mortgage loans held for sale, gains on sales of loans in the secondary mortgage market, and mortgage loan origination fee income. The company offers various deposit accounts including negotiable orders of withdrawal, savings accounts, money market accounts, and certificate of deposit accounts.