FB Bancorp FBLA

FB Bancorp, Inc. is a Maryland corporation that serves as the registered bank holding company for Fidelity Bank, its wholly-owned subsidiary. The Company conducts its operations primarily through Fidelity Bank, a Louisiana state-chartered stock savings bank that takes deposits from the general public and invests those funds in various loan portfolios. FB Bancorp, Inc. generates revenue through interest income on loans and investment securities, as well as fees from deposit accounts and other banking services.

The company operates through the following segments:

• Fidelity Bank: This segment engages in traditional banking activities including accepting deposits and originating loans. It offers one- to four-family residential mortgage loans, residential construction loans, commercial real estate loans, commercial loans, home equity loans and lines of credit, and consumer loans. The Bank also maintains an investment portfolio consisting of U. S. government-sponsored enterprise securities and corporate bonds.

• NOLA Lending Group: This segment operated as a fully-owned division of Fidelity Bank that originated residential one- to four-family real estate loans for sale into the secondary market. It was acquired in January 2014 and functioned as the Bank's mortgage division. The division's loan production offices were leased and transferred to the acquirer upon the sale of substantially all of its assets and liabilities, which closed on March 1, 2026.

FB Bancorp, Inc. operates in a competitive banking environment within southern Louisiana, facing competition from large money center banks such as Capital One, N. A., Hancock Whitney Bank, and JP Morgan Chase Bank, N. A., as well as regional banks, community banks, savings institutions, credit unions, mortgage banking firms, consumer finance companies, and fintech companies. The Company's competitive advantages stem from its deep local market knowledge, personalized customer service, long-standing community relationships, and focus on serving the financial needs of individuals and small to medium-sized businesses in its primary market areas.

The Company serves a diverse customer base including individual consumers, small businesses, commercial enterprises, and real estate investors throughout its primary market areas in southern Louisiana. Specific customer segments include homeowners seeking mortgage and home equity financing, developers and builders utilizing construction loans, retailers and office property owners utilizing commercial real estate loans, and small businesses accessing working capital and term loans. FB Bancorp, Inc. also serves clients through its Community Reinvestment Act initiatives, including the Credit Builder Program and Home Ownership Made Easy loan program designed to assist underserved populations.