FB Bancorp, Inc. /MD/ 8-K

What Happened
FB Bancorp, Inc. (NASDAQ: FBLA) reported that its bank subsidiary, Fidelity Bank (New Orleans, LA), completed the previously disclosed sale of certain assets of its NOLA mortgage division to First Federal Bank (Lake City, FL). The transaction closed on March 1, 2026, under an Asset Purchase Agreement dated December 31, 2025.

Key Details

• Seller: Fidelity Bank, New Orleans, Louisiana (a subsidiary of FB Bancorp, Inc.).
• Buyer: First Federal Bank, Lake City, Florida.
• Closing date: March 1, 2026.
• Agreement date: Asset Purchase Agreement dated December 31, 2025.
• The 8-K does not disclose purchase price or other financial terms.

Why It Matters
This 8-K confirms completion of a previously announced divestiture of mortgage-related assets, which may change the composition of Fidelity Bank’s mortgage business and balance sheet. Investors should watch future filings (quarterly results, earnings releases, or pro forma disclosures) for any disclosed financial impact on FB Bancorp’s revenue, asset levels, or mortgage servicing metrics.