FB Financial Corporation (NYSE:FBK) Q3 2020 Results Earnings Conference Call October 27, 2020 9:00 AM ET Company Participants Robert Hoehn - Director of Corporate Finance Chris Holmes - President and Chief Executive Officer Greg Bowers - Chief Credit Officer Mike Mettee - Interim Chief Financial Officer Wib Evans - President of FB Ventures Conference Call Participants Catherine Mealor - KBW Jennifer Demba - Truist Securities Stephen Scouten - Piper Sandler Kevin Fitzsimmons - D.A. Davidson Alex Lau - JPMorg ...

B Financial Corporation Third Quarter 2020 Earnings Presentation October 27, 2020 Forward–Looking Statements Certain statements contained in this presentation may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, without limitation, statements regarding the projected impact of the COVID-19 global pandemic on our business operations, st ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________ FORM 10-Q ______________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-37875 _______________________________ ...

B Financial Corporation Second Quarter 2020 Earnings Presentation July 21, 2020 Forward–Looking Statements Certain statements contained in this presentation may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, without limitation, statements regarding the projected impact of the COVID-19 global pandemic on our business operations, stat ...

FB Financial Corporation (NYSE:FBK) Q2 2020 Earnings Conference Call July 21, 2020 9:00 AM ET Company Participants Robert Hoehn - Director of Corporate Finance Chris Holmes - President and Chief Executive Officer Michael Mettee - Interim Chief Financial Officer Greg Bowers - Chief Credit Officer Conference Call Participants Stephen Scouten - Piper Sandler Catherine Mealor - KBW Brock Vandervliet - UBS Ammar Samma - Raymond James Operator Good evening and welcome to FB Financial Corporation’s Second Quarte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | --- | --- | |-------|----------------------------------------------------------------| | | ______________________________________________________________ | | | FORM 10-Q | (Mark One) ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 00 ...

B Financial Corporation First Quarter 2020 Earnings Presentation April 28, 2020 IMPORTANT INFORMATION FOR SHAREHOLDERS AND INVESTORS In connection with the proposed merger with Franklin, FB Financial will file a registration statement on Form S-4 with the SEC. The registration statement will contain the joint proxy statement of Franklin and FB Financial to be sent to the FB Financial and Franklin shareholders seeking their approvals in connection with the merger and the issuance of FB Financial common stock ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________ FORM 10-K ______________________________________________________________ (Mark One) ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-37875 ___________________________________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | --- | --- | |-------|----------------------------------------------------------------| | | ______________________________________________________________ | | | FORM 10-Q | (Mark One) ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Numbe ...

Company Operations - As of June 30, 2019, the company operates 65 full-service bank branches across Tennessee, North Alabama, and North Georgia[153]. - The company serves various Metropolitan Statistical Areas (MSAs) including Nashville, Chattanooga, Knoxville, Memphis, Jackson, and Huntsville[153]. - The company is the third largest bank headquartered in Tennessee based on total assets[153]. - The company operates through two segments: Banking and Mortgage, with a focus on aligning the Mortgage segment with its strategic plan[153]. Mortgage Operations - The company announced its intention to exit wholesale mortgage operations, completing the sale of the third-party origination channel on June 7, 2019, and the correspondent channel on August 1, 2019[153]. - The company’s mortgage segment revenue is derived from origination fees and gains on sales in the secondary market of mortgage loans[153]. - The company’s mortgage banking services are supported by a national internet delivery channel and strategically located mortgage banking offices[153]. - Mortgage banking income for the three months ended June 30, 2019, was $24.5 million, down from $28.5 million in the same period in 2018[224]. - Total mortgage banking income for the three months ended June 30, 2019, was $24.5 million, a decrease of 14.1% from $28.5 million in the same period of 2018[226]. - Mortgage banking income for the six months ended June 30, 2019, was $45.5 million, down 17.3% from $55.0 million for the same period in 2018[229]. Financial Performance - Net income for the three months ended June 30, 2019, was $18,688,000, compared to $22,065,000 for the same period in 2018, reflecting a decrease of 15.4%[155]. - Total interest income for the three months ended June 30, 2019, was $71,719,000, an increase from $59,043,000 for the same period in 2018, representing a growth of 21.5%[155]. - Net income for the six months ended June 30, 2019, was $38.3 million, a decrease from $41.8 million in the same period of 2018, representing a decline of 6.8%[172]. - Noninterest income for the three months ended June 30, 2019, was $33.0 million, a decrease of $2.8 million, or 7.8%, compared to $35.8 million for the same period in 2018[224]. - Noninterest income for the six months ended June 30, 2019, was $62.0 million, a decrease of 10.2% from $69.0 million in the same period of 2018[229]. Asset and Deposit Growth - Total assets as of June 30, 2019, reached $5,940,402,000, up from $4,923,249,000 a year earlier, indicating a growth of 20.6%[155]. - Customer deposits increased to $4,812,962,000 as of June 30, 2019, compared to $3,844,009,000 in the previous year, marking a rise of 25.2%[155]. - Total deposits rose by 16.1% to $4.84 billion as of June 30, 2019, compared to $4.17 billion at December 31, 2018, partly due to the acquisition of $588.9 million in deposits from branches[276]. - Noninterest-bearing deposits increased to $1,111.9 million at June 30, 2019, up from $949.1 million at December 31, 2018[276]. - Interest-bearing deposits grew to $3.73 billion as of June 30, 2019, compared to $3.22 billion at December 31, 2018[276]. Loan Portfolio - Total loans amounted to $4,289.5 million, a 17% increase from $3,667.5 million as of December 31, 2018[251]. - Loans held for investment increased by $622.0 million to $4.29 billion at June 30, 2019, compared to $3.67 billion at December 31, 2018, reflecting a growth of 16.9%[177]. - The commercial and industrial loans category had an allowance for loan losses of $4,923 thousand, representing 23% of loans in that category[271]. - The construction loans category had an allowance for loan losses of $9,655 thousand, representing 12% of loans in that category[271]. Interest Income and Expense - Net interest income before provision for loan losses increased to $57.0 million for the three months ended June 30, 2019, up from $51.5 million in the same period in 2018, an increase of approximately 10.7%[166]. - Interest income on loans held for sale decreased by $1.3 million to $3.1 million for the three months ended June 30, 2019, attributed to a decline in volume and yields[196]. - Interest expense rose to $14.7 million for the three months ended June 30, 2019, an increase of $7.2 million compared to $7.5 million in 2018, driven by higher interest on deposits[197]. - The cost of total deposits increased to 1.14% for the three months ended June 30, 2019, compared to 0.62% in the same period of 2018[199]. Efficiency and Ratios - The efficiency ratio for the three months ended June 30, 2019, was 71.2%, compared to 64.6% for the same period in 2018, indicating a decline in operational efficiency[157]. - The return on average tangible common equity (ROATE) for the three months ended June 30, 2019, was 14.4%, down from 19.0% in the same period in 2018[164]. - The net interest margin (NIM) decreased to 4.39% for the three months ended June 30, 2019, down from 4.81% in the same period of 2018, primarily due to increased cost of funds and decreased loan fees[195]. Nonperforming Assets - Nonperforming assets totaled $35.3 million as of June 30, 2019, compared to $31.4 million as of December 31, 2018, representing an increase of 6.1%[262]. - Total nonperforming loans held for investment increased to $18.2 million as of June 30, 2019, from $16.7 million as of December 31, 2018, a rise of 8.7%[264]. - The coverage ratio for loan losses was 165.3% as of June 30, 2019, down from 173.0% as of December 31, 2018[265]. Capital and Liquidity - The Common Equity Tier 1 (CET1) ratio for FB Financial Corporation was 10.4% as of June 30, 2019, exceeding the required minimum of 4.5%[296]. - Total capital to risk-weighted assets for FB Financial Corporation was 11.6% as of June 30, 2019, above the required minimum of 8.0%[296]. - The Company believes its current liquidity position is adequate to meet both short-term and long-term cash requirements[292]. Expenses - Noninterest expense increased to $64.1 million for the three months ended June 30, 2019, compared to $56.4 million in the same period in 2018, an increase of approximately 13.7%[171]. - Salaries, commissions, and employee benefits expense rose by $3.6 million, or 10.3%, to $37.9 million for the three months ended June 30, 2019, representing 59.1% of total noninterest expense[236]. - The efficiency ratio, which measures noninterest expense to the sum of net interest income plus noninterest income, is monitored to assess operational efficiency[235].