FB Bancorp Q2 net income from continuing operations falls 32.26% to 697,000; net interest margin narrows 0.45 percentage point to 4.2% - FBLA News | Rallies
FB Bancorp posted a net loss of $70,000 in Q2 2026, swinging from net income of $879,000 a year earlier.
Net income from continuing operations fell 32.26% to $697,000, while earnings per share from continuing operations slipped to $0.05.
Net interest margin narrowed 0.45 percentage points to 4.2% as net interest income edged down 1.66% to $11.9 million.
Non-interest income more than doubled to $2.24 million, driven by a $1.2 million gain on life insurance proceeds.
Non-interest expense climbed 15.73% to $13.1 million on higher salaries and benefits tied to the Lafayette branch, severance and equity incentive costs.
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