FB Financial posted net income of $58.65 million, swinging from a $34.55 million noninterest loss a year earlier; diluted EPS was $1.13.
Net interest income rose 33.7% to $148.97 million; net interest margin widened 0.27 percentage points to 3.95% on a tax-equivalent basis.
Provision for credit losses increased to $10.12 million from $5.34 million, reflecting loan growth and higher reserves on individually evaluated loans.
Noninterest income turned to $25.78 million from a $34.55 million loss, after a $60.55 million investment-securities loss tied to AFS sales last year.
Noninterest expense climbed 12.6% to $91.48 million, driven by higher compensation and other costs linked to the Southern States merger.
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