FB Bancorp closes NOLA mortgage asset sale

FB Bancorp, Inc., through its bank subsidiary Fidelity Bank of New Orleans, has completed the sale of certain assets of its NOLA mortgage division.

Rhea-AI Filing Summary

FB Bancorp, Inc., through its bank subsidiary Fidelity Bank of New Orleans, has completed the sale of certain assets of its NOLA mortgage division. The transaction closed on March 1, 2026 under a previously disclosed Asset Purchase Agreement dated December 31, 2025 with First Federal Bank of Lake City, Florida. This step narrows Fidelity Bank’s involvement in the NOLA mortgage business while transferring selected mortgage-related assets to another regional institution.

8-K Event Classification

Item 2.01 — Completion of Acquisition or Disposition of Assets

1 item

Item 2.01 Completion of Acquisition or Disposition of Assets Financial

The company completed a significant acquisition or sale of business assets.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did FB Bancorp (FBLA) complete on March 1, 2026?

FB Bancorp’s bank subsidiary Fidelity Bank completed the sale of certain assets from its NOLA mortgage division to First Federal Bank. The deal followed an Asset Purchase Agreement dated December 31, 2025, and represents a transfer of selected mortgage-related assets.

Which business unit of FB Bancorp (FBLA) was involved in the asset sale?

The transaction involved certain assets of Fidelity Bank’s NOLA mortgage division. Only specified assets were sold, meaning the deal focused on part of that mortgage operation rather than the entire banking franchise or all mortgage activities.

Who acquired the NOLA mortgage division assets from FB Bancorp’s Fidelity Bank?

First Federal Bank, based in Lake City, Florida, acquired certain assets of Fidelity Bank’s NOLA mortgage division. The parties operated under an Asset Purchase Agreement that was originally signed on December 31, 2025, and closed on March 1, 2026.

When was the asset purchase agreement between Fidelity Bank and First Federal Bank signed?

The Asset Purchase Agreement was dated December 31, 2025. This agreement set the terms under which First Federal Bank would purchase certain assets of Fidelity Bank’s NOLA mortgage division, with the transaction formally closing on March 1, 2026.

What SEC form did FB Bancorp (FBLA) use to report the mortgage asset sale?

FB Bancorp reported the completion of the NOLA mortgage asset sale on Form 8-K. The filing describes the closing of the transaction under Item 2.01, which covers completion of acquisition or disposition of assets by a public company.

Which subsidiary executed the asset sale for FB Bancorp (FBLA)?

Fidelity Bank, based in New Orleans, Louisiana, executed the sale as FB Bancorp’s bank subsidiary. It sold certain assets of its NOLA mortgage division to First Federal Bank, while FB Bancorp remained the registrant reporting the completed transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/02/2026 - 04:58 PM Learn about SEC filing dates

falseFB Bancorp, Inc. /MD/0002013639MDNASDAQ00020136392026-03-012026-03-01

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  March 1, 2026

FB Bancorp, Inc.

(Exact Name of Registrant as Specified in its Charter)

Maryland		001-42380		99-1859402
(State or Other Jurisdiction of Incorporation)		(Commission File No.)		(I.R.S. Employer Identification No.)
353 Carondelet Street, New Orleans, Louisiana					70130
(Address of Principal Executive Offices)					(Zip Code)

(504) 569-8640

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Common stock		FBLA		The Nasdaq Stock Market, LLC
Title of Each Class		Trading Symbol(s)		Name of Each Exchange on Which Registered

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company  ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 2.01 Completion of Acquisition or Disposition of Assets.

On March 1, 2026, Fidelity Bank, New Orleans, Louisiana (“Fidelity Bank”), the bank subsidiary of FB Bancorp, Inc. (NASDAQ: FBLA), completed its previously disclosed sale of certain assets of its NOLA mortgage division to First Federal Bank, Lake City, Florida (“First Federal Bank”). The sale was closed pursuant to the terms of the Asset Purchase Agreement, dated as of December 31, 2025, by and between Fidelity Bank and First Federal Bank.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		FB BANCORP, INC.
DATE: March 2, 2026	By:	/s/ Christopher S. Ferris
		Christopher S. Ferris
		President and Chief Executive Officer

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 22.2 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 16.2 KB