FBK — what changed in the latest 10-Q
A section-by-section comparison of FBK's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-11-02 vs the prior 10-Q · 2026-08-03
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +79 | −71 | ~141 | 70 |
| Market risk (Item 3) | Text added/removed | +1 | −1 | ~4 | 4 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +3 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-11-02
Net interest income increased to $149.9 million for the three months ended September 30, 2026 compared with $147.2 million for the three months ended September 30, 2025. Our net interest margin, on a tax-equivalent basis, decreased to 3.83% for the three months ended September 30, 2026 as compared t…
Provision for credit losses of $1.4 million was recognized for the three months ended September 30, 2026 compared with $34.4 million for the three months ended September 30, 2025. The decrease was primarily due to the initial provision for credit losses on acquired loans and unfunded commitments fro…
Noninterest income for the three months ended September 30, 2026 decreased by $2.1 million to $24.5 million, compared to $26.6 million for the three months ended September 30, 2025. The decrease was driven by a $4.1 million decrease in mortgage banking income due to lower mortgage origination and sa…
Noninterest expense decreased to $96.0 million for the three months ended September 30, 2026, compared with $109.9 million for the three months ended September 30, 2025. The decrease in noninterest expense was primarily driven by $16.1 million of merger and integration costs related to the Southern …
Income tax expense for the three months ended September 30, 2026 was $16.8 million compared to $6.2 million for the three months ended September 30, 2025. The increase was primarily attributable to the increase in income before income taxes.
Text removed vs the prior filing · source: 10-Q · 2026-08-03
Net interest income increased to $149.0 million for the three months ended June 30, 2026 compared with $111.4 million for the three months ended June 30, 2025. Our net interest margin, on a tax-equivalent basis, increased to 3.95% for the three months ended June 30, 2026 as compared to 3.68% for the…
Provision for credit losses of $10.1 million was recognized for the three months ended June 30, 2026 and $5.3 million for the three months ended June 30, 2025. The increase primarily reflects loan growth and increased reserves on individually evaluated loans.
Noninterest income for the three months ended June 30, 2026 increased by $60.3 million to $25.8 million, compared to a loss of $34.6 million for the three months ended June 30, 2025. The increase was driven by the recognition of a $60.5 million net loss on investment securities stemming from the sal…
Noninterest expense increased to $91.5 million for the three months ended June 30, 2026, compared with $81.3 million for the three months ended June 30, 2025. The increase in noninterest expense was primarily driven by higher salaries, commissions and benefits of $6.7 million due to increased headco…
Income tax expense for the three months ended June 30, 2026 was $14.5 million compared to an income tax benefit of $12.7 million for the three months ended June 30, 2025. The change reflects the income tax effect of a $60.5 million loss on sale of AFS debt securities and a one-time gross tax benefit…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-11-02
(2)The percentage change represents the projected EVE in the various rate scenarios compared to the projected EVE in a static interest rate environment.
Text removed vs the prior filing · source: 10-Q · 2026-08-03
(2)The percentage change in this column represents our EVE in a stable interest rate environment compared to EVE in the various rate scenarios.
Other information
Text added vs the prior filing · source: 10-Q · 2026-11-02
On October 30, 2026, the Compensation Committee of the Board of Directors of FB Financial Corporation (the “Company”) unanimously approved a retention equity award to Christopher Holmes and Michael Mettee, the Company’s President & Chief Executive Officer and Chief Financial & Operating Officer resp…
In the event Mr. Holmes or Mr. Mettee’s employment terminates due to death or Disability (as defined in the applicable award agreement), the Retention PSU Award will vest on a prorated basis based on actual performance through the date
of termination. In the event of a Change in Control (“CIC”) (as defined in the applicable award agreement), the Retention PSU Award will convert into time-based restricted stock units based on the greater of (i) target performance or (ii) actual performance measured through the CIC. The converted re…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice