Recent Updates — FBLA
On July 29, 2026, Dr. Stephen W. Hales notified the Board of Directors of FB Bancorp, Inc. of his decision to retire as a board member, effective immediately. The retirement was in accordance with Director Guidelines and not due to disagreements regarding operations or policies. In connection with this departure, the Board appointed current director Mark Romig as Chair of the Nominating/Governance Committee, also effective immediately. FB Bancorp, Inc. operates in the banking industry as a bank holding company.
FB Bancorp, Inc. reported a net loss of $70,000 for the second quarter of 2026, driven by a $767,000 loss from discontinued operations related to the sale of its mortgage banking segment, NOLA Lending Group. Net income from continuing operations was $697,000, down from $1.0 million in the prior year period, primarily due to a $1.8 million increase in non-interest expenses from staff additions for a new Lafayette branch and severance costs. Total assets stood at $1.23 billion, while total deposits decreased by $30.4 million to $811.0 million. The company also announced a third stock repurchase program authorizing the buyback of up to 1,606,837 shares, approximately 10% of outstanding common stock. FB Bancorp, Inc. is a Maryland-based bank holding company that operates Fidelity Bank, a regional banking institution with 19 locations in Louisiana.
FB Bancorp, Inc. announced the separation of Randall L. Baker from his position as Chief Operating Officer effective June 16, 2026. Mr. Baker is entitled to compensation and benefits under the Fidelity Bank Executive Severance Plan. FB Bancorp, Inc. is a financial services company providing banking services through its subsidiary, Fidelity Bank.
FB Bancorp, Inc. announced on June 12, 2026, an authorization for a program to repurchase up to 1,606,837 shares of its outstanding common stock, representing approximately 10% of its current outstanding shares. FB Bancorp, Inc. is a financial services company providing banking services.