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FB Bancorp, Inc. Common Stock

FB Bancorp, Inc. is the bank holding company for Fidelity Bank, providing banking products and services mainly to individuals, businesses, and communities. Its deposit offerings include NOW, savings, money market, and certificate of deposit accounts. Lending activities cover residential mortgage and construction loans, commercial real estate loans (commercial mortgage, commercial construction, and land development), commercial and industrial loans, small business loans, home equity loans and lines of credit, and consumer loans. The company also invests in securities, primarily mortgage-backed securities and obligations issued by U.S. government-sponsored enterprises. Founded in 1908, FB Bancorp is headquartered in New Orleans, Louisiana.

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FB Bancorp reports Q2 revenue of $16.7 million

FB Bancorp reported second-quarter revenue of $16.7 million, a 1.5% increase year-over-year. Net income from continuing operations fell to $697,000 from $1.03 million in the same quarter last year. The net interest margin was 4.20% for the quarter. The company also approved a third share repurchase program to buy back up to 10% of its outstanding common stock.
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