FB Bancorp, Inc. /MD/

B usiness. FB Bancorp, Inc. FB Bancorp, Inc. ( FB Bancorp, the Company, we, our ) is a Maryland corporation that was incorporated in February 2024 to become the registered bank holding company for Fidelity Bank upon its conversion from the mutual-to-stock form of organization, which occurred on October 22, 2024. The Company sold 19,837,500 shares of common stock, par value $0.01 per share, at a price of $10 per share, for gross proceeds of $198,375,000. Shares of the Company’s common stock began trading on October 23, 2024, on the Nasdaq Global Select Market under the trading symbol FBLA. We conduct our operations from our headquarters in New Orleans, Louisiana, primarily through Fidelity Bank. The Company is the sole shareholder of Fidelity Bank, and as such, is a bank holding company subject to regulation by the Federal Reserve Board. Fidelity Bank Originally chartered in 1908 under the name The Fidelity Homestead Association, Fidelity Bank (sometimes referred to herein as the Bank ) completed its conversion from the mutual form of organization to that of a Louisiana state-chartered stock savings bank on October 22, 2024. The Bank operates from 18 full-service branches, including its main office, two drive-up branches and 14 stand-alone ATMs located throughout central and southern Louisiana. In January 2014, the Bank acquired the net assets of NOLA Lending Group (sometimes referred to herein as NOLA , NOLA Lending , and mortgage division ) as a fully-owned division of the Bank that originates our residential one- to four-family residential real estate loans.