FB Bancorp, Inc. /MD/ (FBLA) Form 8-K — Jul 28, 2026
FB Bancorp reported a net loss of $70,000 for the second quarter of 2026, resulting from a $767,000 loss from discontinued operations related to the sale of its mortgage banking segment, partially offset by $697,000 in net income from continuing operations. The company's net interest margin compressed to 4.20% for the quarter from 4.65% in the prior year, while non-interest expenses increased by 15.73% due to severance costs and new branch staffing. For the six months ended June 30, 2026, net income was $49,000, a significant decline from the $1.584 million reported in the prior year period.
Key figures
- Total Debt
- 111186000
- Total Assets
- 1225644000
- Cash Position
- 45209000
- Shares Outstanding
- 16068375
- Book Value Per Share
- 17.66
- Efficiency Ratio Six Months
- 92.08%
- Net Interest Margin Quarter
- 4.20%
- Net Interest Margin Six Months
- 4.34%
- Net Income Continuing Ops Quarter
- 697000
- Net Income Continuing Ops Six Months
- 1191000
- Repurchase Program Shares Authorized
- 1606837
Price after filing
Close on the filing date to close N calendar days later (from $15.66). Historical, not a forecast.
AI analysis
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