FB Bancorp, Inc.

FB Bancorp, Inc. is a Maryland corporation that operates as the registered bank holding company for Fidelity Bank. The company was incorporated in February 2024 and became the bank holding company on October 22, 2024, following Fidelity Bank's conversion from a mutual-to-stock organization. FB Bancorp sold 19,837,500 shares of common stock at $10 per share, generating gross proceeds of $198,375,000. Its common stock began trading on October 23, 2024, on the Nasdaq Global Select Market under the symbol "FBLA." The company conducts its operations primarily through Fidelity Bank, headquartered in New Orleans, Louisiana. Fidelity Bank, originally chartered in 1908 as "The Fidelity Homestead Association," converted to a Louisiana state-chartered stock savings bank on October 22, 2024. The Bank operates 18 full-service branches, including its main office, two drive-up branches, and 14 stand-alone ATMs across central and southern Louisiana. Fidelity Bank's primary business involves accepting deposits from the public and investing these funds, along with operational earnings, into one- to four-family residential mortgage loans secured by properties in its main market areas. In January 2014, the Bank acquired NOLA Lending Group, which originated residential one- to four-family residential real estate loans. However, the Bank entered an agreement on December 31, 2025, to sell substantially all of NOLA's assets and liabilities, with the sale closing on March 1, 2026.