FB Bancorp is the holding company for Fidelity Bank, a Louisiana state-chartered savings bank headquartered in New Orleans. Fidelity Bank takes deposits from consumers and small businesses and lends those funds out primarily to homeowners and real estate investors in southern Louisiana. The bank operates 18 full-service branches across the New Orleans, Baton Rouge, and Lafayette metro areas. Fidelity Bank's core lending product is the residential mortgage — fixed and adjustable-rate loans for terms up to 30 years — though the bank has been deliberately shifting its loan mix toward higher-yielding commercial real estate, including multi-family, hotel, and retail properties. At year-end 2025, the total loan portfolio held for investment was roughly $745M, with commercial real estate (~33%) and one-to-four family residential (~31%) as the two largest categories. Fidelity Bank's business model is a straightforward community bank spread model: it funds loans primarily with deposits (~$841M at year-end 2025), earning the difference between deposit costs and loan yields. The bank's deposit base skews toward low-cost core deposits, which supports its net interest margin. In March 2026, Fidelity Bank sold its NOLA Lending Group mortgage division, which had originated residential mortgages for sale into the secondary market. With that divestiture, Fidelity Bank is now a pure portfolio lender. In October 2024, the bank converted from a mutual to a stock savings bank, with FB Bancorp raising ~$198M in gross proceeds and listing on Nasdaq under the ticker "FBLA."