UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C FORM 8-K

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1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C 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): July 23, 2018 FB FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Tennessee (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification Number) 211 Commerce Street, Suite 300 Nashville, Tennessee (Address of principal executive offices) (Zip Code) (615) (Registrant s telephone number, including area code) 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 ( see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR ) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( b-2 of this chapter). 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.

2 Item 2.02 Results of Operations and Financial Condition. On July 23, 2018, FB Financial Corporation (the Company ) issued a press release announcing its financial results for the second quarter ended June 30, 2018 (the Earnings Release ). In addition, the Company made available on its website (investors.firstbankonline.com) supplemental financial information for the second quarter ended June 30, 2018 (the Supplemental Financial Information ) and an earnings release presentation (the Earnings Presentation ) for use in connection with the Earnings Release. Copies of the Earnings Release, the Supplemental Financial Information and the Earnings Presentation are furnished as Exhibit 99.1, Exhibit 99.2 and Exhibit 99.3, respectively, to this Current Report on Form 8-K (this Report ). The information contained in this Report, including Exhibit 99.1, Exhibit 99.2 and Exhibit 99.3 furnished herewith, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act ), or otherwise subject to the liabilities under that section, nor shall it be deemed incorporated by reference into any registration statement or other documents pursuant to the Securities Act of 1933, as amended, or into any filing or other document pursuant to the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Item Regulation FD Disclosure. The disclosure contained in Item 2.02 of this Report is incorporated herein by reference. Item Financial Statements and Exhibits. Exhibit Number Description of Exhibit 99.1 Earnings Release issued July 23, 2018 For the Second Ended June 30, Supplemental Financial Information For the Second Year Ended June 30, Earnings Release Presentation issued July 24, 2018.

3 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 FINANCIAL CORPORATION By: /s/ James R. Gordon James R. Gordon Chief Financial Officer and Secretary Date: July 23, 2018

4 Exhibit 99.1 FB Financial Corporation Reports Strong 2018 Second Results Reported diluted EPS of $0.70; Adjusted diluted EPS of $0.72, excluding offering-related expenses Driven by 21.1% annualized loan growth; 17.3% annualized customer deposit growth Adjusted ROAA of 1.91%; NIM of 4.81% NASHVILLE, Tenn.--(BUSINESS WIRE)--July 23, FB Financial Corporation (the Company ) (NYSE: FBK), parent company of FirstBank, reported net income of $22.1 million, or $0.70 per diluted common share, for the second quarter of 2018, compared to net income of $11.2 million, or $0.43 per diluted common share, for the second quarter of Adjusting for nondeductible offeringrelated expenses, net income was $22.7 million, or $0.72 per diluted common share, reflecting growth of 60.0% per share, when compared to net income of $11.7 million, or $0.45 per diluted common share for the second quarter of 2017, which excluded pre-tax merger-related expenses. President and Chief Executive Officer Christopher T. Holmes stated, Our team continues to deliver outstanding performance driven by growth in loans and deposits, which was balanced across markets and products. Our adjusted ROAA of 1.91% and our net interest margin of 4.81% are among the best in the industry. Our associates take pride in our elite financial performance and that is part of the culture of our company. We believe our disciplined, long-term approach positions us well for the future, including the last half of Performance Summary For the Three Months Ended June 30, (dollars in thousands, except share data) Results of operations Net interest income $ 51,517 $ 30,427 NIM 4.81% 4.19% Provision for loan losses $ 1,063 $ (865) Net (recovery) charge-off ratio (0.11%) (0.25%) Noninterest income $ 35,708 $ 35,657 Mortgage banking income 28,544 30,239 Total mortgage banking pre-tax contribution, adjusted (1) 10.4% 29.6% Total revenue $ 87,225 $ 66,084 Noninterest expenses 56,303 49,136 Merger/offering-related expenses Efficiency ratio 64.5% 74.4% Core efficiency ratio (1) 62.1% 70.2% Net income 22,065 11,239 Diluted earnings per share $ 0.70 $ 0.43 Effective tax rate 26.1% 36.9% Net income, adjusted (1) $ 22,736 $ 11,705 Diluted earnings per share, adjusted (1) $ 0.72 $ 0.45 Weighted average number of shares - diluted 31,294,044 26,301,458 Actual shares outstanding - period end 30,683,353 28,968,160 Returns on average: Assets 1.86% 1.40% Adjusted (1) 1.91% 1.46% Equity 14.4% 11.3% Tangible common equity (1) 19.0% 13.0% Adjusted (1) 19.6% 13.5% (1) Certain measures are considered non-gaap financial measures. See Use of non-gaap Financial Measures and the corresponding non-gaap reconciliation tables in the Supplemental Financial Information as well as Use of non-gaap Financial Measures and the Appendix in the Earnings Release Presentation issued July 23, 2018.

5 Annualized Second Second 2Q18 / 1Q18 First % Change 2Q18 / 2Q17 % Change (dollars in thousands) Balance Sheet Highlights Investment securities $ 611,435 $ 597,347 $ 553, % 10.5% Loans - held for sale 374, , , % -12.3% Loans - held for investment 3,415,575 3,244,663 1,970, % 73.3% Allowance for loan losses 26,347 24,406 23, % 13.3% Total assets 4,923,249 4,725,416 3,346, % 47.1% Customer deposits 3,844,009 3,684,758 2,726, % 41.0% Total deposits 3,909,863 3,766,151 2,727, % 43.3% Total shareholders' equity 630, , , % 23.8% Tangible book value per share (1) $ $ $ Tangible common equity to tangible assets (1) 10.1% 10.2% 13.9% (1) Certain measures are considered non-gaap financial measures. See Use of non-gaap Financial Measures and the corresponding non-gaap reconciliation tables in the Supplemental Financial Information as well as Use of non- GAAP Financial Measures and the Appendix in the Earnings Release Presentation issued July 23, Continued Focus on Execution of Strategy Drives Growth and Profitability Our annualized 21.1% loan and 17.3% customer deposit growth in the quarter was outstanding, driven by the needs of our existing customers and the addition of new customer relationships. These results demonstrate the capacity of our team to balance strong growth in revenue, loans and deposits while delivering peer-leading margins and controlling expenses. Our loan growth, deposit growth and net interest margin were all stronger than previous quarters, and above our long-term targets. We expect loan growth to settle back into our 10%-12% target range in the last half of 2018, but our success in the first half of the year should cause us to exceed our planned growth range for the year, Holmes said. Holmes continued, Pricing and terms will always be competitive in a crowded industry, but we will continue to focus on delivering both growth and profitability. We believe our market-focused operating model is built to withstand the ebbs and flows of the interest rate and credit markets. Continuing to grow our customer deposits is important to our success and will come with accelerating increases in our cost of deposits and our deposit beta. Our deposit beta was a manageable 28% this quarter and we expect deposit betas to move upward in the coming quarters, partially offset by positive loan betas. The Company s net interest margin (NIM) was 4.81% for the second quarter of 2018, compared to 4.64% and 4.19% for the first quarter of 2018 and the second quarter of 2017, respectively. This improvement was attained through contractual loan yield expansion and funding cost containment. Accretion related to purchased loans and collections of nonaccrual interest contributed 20 basis points to the Company s NIM compared to 20 and 15 basis points for the first quarter of 2018 and the second quarter of 2017, respectively. As we indicated during our first quarter earnings call, we expected our adjusted net interest margin, which was a healthy 4.61%, to exceed the top-end of our long-term range. This is reflective of focusing on customer relationships versus wholesale business, capitalizing on fee opportunities and benefitting from the rising rate environment on loan yields, Holmes commented.

6 Noninterest Income Remains Stable Noninterest income was $35.7 million for the second quarter of 2018, compared to $33.3 million for the first quarter of 2018 and $35.7 million for the second quarter of Mortgage banking income was $28.5 million for the second quarter of 2018, compared to $26.5 million for the first quarter of 2018 and $30.2 million for the second quarter of Holmes commented, This quarter, our mortgage business represented 10.4% of the Company s adjusted pre-tax income compared to 29.6% for the second quarter of These results reflect our nearterm plan of growing our Banking Segment faster than our Mortgage Segment to maintain a total mortgage pre-tax contribution in the 10%-15% range. Our mortgage team continues to deliver significant noninterest income in the face of declining volumes and margin pressures in the mortgage business. Continuing to Improve Operating Efficiency Noninterest expense was $56.3 million for the second quarter of 2018, compared to $56.2 million for the first quarter of 2018 and $49.1 million for the second quarter of Excluding the merger/offering-related expenses, noninterest expense was $55.6 million for the second quarter of 2018, compared to $55.0 million for the first quarter of 2018 and $48.4 million for the second quarter of Chief Financial Officer, James R. Gordon, stated, Our year-over-year operating leverage from organic growth, merger and ongoing cost efficiencies is best illustrated by the improvement in our Banking Segment efficiency ratio to 51.7% from 60.4% for the same period last year. Further demonstrating our progress, the Company s total revenue has increased by more than twice the rate of its total noninterest expense when compared to the same period last year. Strong Asset Quality During the second quarter of 2018, we recognized a provision for loan losses of $1.1 million, reflecting loan growth, stable fundamental credit metrics and net recoveries of 0.11% of average loans. Our nonperforming assets decreased from the previous quarter to $25.8 million, or 0.52% of total assets. Nonperforming loans declined to 0.26% of loans held for investment at June 30, 2018, compared to 0.30% at March 31, Capital Strength for Future Growth We continue to generate capital at a strong pace, with an increase in tangible book value per share of 35.5% since our IPO in September 2016, which should continue to sustain both organic and acquired growth in future periods. Our tangible common equity to tangible assets ratio of 10.1% this quarter continues to provide us strategic and tactical flexibility, and supports our quarterly cash dividend of six cents per share, commented Gordon. Summary By focusing on serving our customers, understanding our markets and adhering to our core values, our associates continue to deliver outstanding results. We believe the Company is well-positioned to continue our performance across our attractive markets. We appreciate our customers, associates and shareholders and thank you for your continued support, Holmes concluded.

7 WEBCAST AND CONFERENCE CALL INFORMATION The live broadcast of FB Financial Corporation s earnings conference call will begin at 8:00 a.m. CT on Tuesday, July 24, 2018, and the conference call will be broadcast live over the Internet at An online replay will be available for twelve months approximately an hour following the conclusion of the live broadcast. ABOUT FB FINANCIAL CORPORATION FB Financial Corporation (NYSE: FBK) is a bank holding company headquartered in Nashville, Tennessee. FB Financial operates through its wholly owned banking subsidiary, FirstBank, the third largest Tennessee-headquartered community bank, with 56 full-service bank branches across Tennessee, North Alabama and North Georgia, and a national mortgage business with offices across the Southeast. FirstBank serves five of the largest metropolitan markets in Tennessee and has approximately $4.9 billion in total assets. SUPPLEMENTARY FINANCIAL INFORMATION AND EARNINGS PRESENTATION Investors are encouraged to review this Earnings Release in conjunction with the Supplemental Financial Information and Earnings Presentation posted on the Company s website, which can be found at This Earnings Release, the Supplemental Financial Information and the Earnings Presentation are also included with a Current Report on Form 8-K that the Company furnished to the U.S. Securities and Exchange Commission (SEC) on July 23, BUSINESS SEGMENT RESULTS The Company has included its business segment financial tables as part of this Earnings Release. A detailed discussion of our business segments is included in the Company s Annual Report on Form 10-K for the year ended December 31, 2017, and investors are encouraged to review that discussion in conjunction with this Earnings Release.

8 FORWARD-LOOKING STATEMENTS Certain statements contained in this Earnings Release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, without limitation, statements relating to the Company s assets, business, cash flows, condition (financial or otherwise), credit quality, financial performance, liquidity, short and long-term performance goals, prospects, results of operations, strategic initiatives and the timing, benefits, costs and synergies of future acquisition, disposition and other growth opportunities. These statements, which are based upon certain assumptions and estimates and describe the Company s future plans, results, strategies and expectations, can generally be identified by the use of the words and phrases may, will, should, could, would, goal, plan, potential, estimate, project, believe, intend, anticipate, expect, target, aim, predict, continue, seek, projection and other variations of such words and phrases and similar expressions. These forward-looking statements are not historical facts, and are based upon current expectations, estimates and projections about the Company s industry, management s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond the Company s control. The inclusion of these forward-looking statements should not be regarded as a representation by the Company or any other person that such expectations, estimates and projections will be achieved. Accordingly, the Company cautions investors that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict and that are beyond the Company s control. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date of this Earnings Release, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this Earnings Release including, without limitation, the risks and other factors set forth in the Company s Annual Report on Form 10-K for the year ended December 31, 2017, filed with the SEC on March 16, 2018 under the captions Cautionary note regarding forward-looking statements and Risk factors. Many of these factors are beyond the Company s ability to control or predict. If one or more events related to these or other risks or uncertainties materialize, or if the Company s underlying assumptions prove to be incorrect, actual results may differ materially from the forward-looking statements. Accordingly, investors should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date of this Earnings Release, and the Company does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. GAAP RECONCILIATION AND USE OF NON-GAAP FINANCIAL MEASURES This Earnings Release contains certain financial measures that are not measures recognized under U.S. generally accepted accounting principles ( GAAP ) and therefore are considered non-gaap financial measures. These non GAAP financial measures include, without limitation, adjusted net income, adjusted diluted earnings per share, core net income, core diluted earnings per share, core noninterest expense and core noninterest income, core efficiency ratio (tax equivalent basis), Banking segment core efficiency ratio (tax equivalent basis), Mortgage segment core efficiency ratio (tax equivalent basis), adjusted mortgage contribution, core return on average assets and equity and core total revenue. Each of these non-gaap metrics excludes certain income and expense items that the Company s management considers to be non core in nature. The Company refers to these non GAAP measures as adjusted or core measures. The corresponding Earnings Release also presents tangible assets, tangible common equity, tangible book value per common share, tangible common equity to tangible assets, return on tangible common equity, return on average tangible common equity, adjusted return on average assets, adjusted return on average equity, core return on average tangible common equity and adjusted return on average tangible common equity. Each of these non-gaap metrics excludes the impact of goodwill and other intangibles.

9 The Company s management uses these non-gaap financial measures in their analysis of the Company s performance, financial condition and the efficiency of its operations as management believes such measures facilitate period-to-period comparisons and provide meaningful indications of its operating performance as they eliminate both gains and charges that management views as non-recurring or not indicative of operating performance. Management believes that these non-gaap financial measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods as well as demonstrating the effects of significant non-core gains and charges in the current and prior periods. The Company s management also believes that investors find these non- GAAP financial measures useful as they assist investors in understanding the Company s underlying operating performance and in the analysis of ongoing operating trends. In addition, because intangible assets such as goodwill and other intangibles, and the other items excluded each vary extensively from company to company, the Company believes that the presentation of this information allows investors to more easily compare the Company s results to the results of other companies. However, the non-gaap financial measures discussed herein should not be considered in isolation or as a substitute for the most directly comparable or other financial measures calculated in accordance with GAAP. Moreover, the manner in which the Company calculates the non-gaap financial measures discussed herein may differ from that of other companies reporting measures with similar names. You should understand how such other banking organizations calculate their financial measures similar or with names similar to the non-gaap financial measures the Company has discussed herein when comparing such non-gaap financial measures. See the Use of non-gaap Financial Measures and the corresponding non-gaap reconciliation tables in the Supplemental Financial Information as well as Use of non-gaap Financial Measures and the Appendix in the Earnings Release Presentation issued July 23, 2018 for a discussion and reconciliation of these measures to the most directly comparable GAAP financial measures.

10 Financial Summary and Key Metrics (Unaudited) ( In Thousands, Except Share Data and % ) Second First Second Statement of Income Data Total interest income $ 59,043 $ 54,848 $ 33,278 Total interest expense 7,526 6,419 2,851 Net interest income 51,517 48,429 30,427 Provision for loan losses 1, (865) Total noninterest income 35,708 33,275 35,657 Total noninterest expense 56,303 56,151 49,136 Net income before income taxes 29,859 25,236 17,813 Income tax expense 7,794 5,482 6,574 Net income $ 22,065 $ 19,754 $ 11,239 Net interest income (tax equivalent basis) $ 51,909 $ 48,799 $ 31,158 Net income, adjusted* $ 22,736 $ 20,636 $ 11,705 Per Common Share Diluted net income $ 0.70 $ 0.63 $ 0.43 Diluted net income, adjusted* $ 0.72 $ 0.66 $ 0.45 Book value Tangible book value* Weighted average number of shares-diluted 31,294,044 31,421,830 26,301,458 Period-end number of shares 30,683,353 30,671,763 28,968,160 Selected Balance Sheet Data Cash and due from banks $ 67,863 $ 53,060 $ 59,112 Loans held for investment (HFI) 3,415,575 3,244,663 1,970,974 Allowance for loan losses (26,347) (24,406) (23,247) Loans held for sale 374, , ,416 Investment securities, at fair value 611, , ,357 Other real estate owned, net 14,639 15,334 6,370 Total assets 4,923,249 4,725,416 3,346,570 Customer deposits 3,844,009 3,684,758 2,726,060 Brokered and internet time deposits 65,854 81,393 1,533 Total deposits 3,909,863 3,766,151 2,727,593 Borrowings 326, ,293 43,790 Total shareholders' equity 630, , ,517 Selected Ratios Return on average: Assets 1.86% 1.71% 1.40% Shareholders' equity 14.4% 13.4% 11.3% Tangible common equity* 19.0% 17.9% 13.0% Average shareholders' equity to average assets 12.9% 12.8% 12.4% Net interest margin (NIM) (tax-equivalent basis) 4.81% 4.64% 4.19% Efficiency ratio (GAAP) 64.5% 68.7% 74.4% Core efficiency ratio (tax-equivalent basis)* 62.1% 65.5% 70.2% Loans held for investment to deposit ratio 87.4% 86.2% 72.3% Total loans to deposit ratio 96.9% 97.2% 87.9% Yield on interest-earning assets 5.51% 5.25% 4.57% Cost of interest-bearing liabilities 0.96% 0.85% 0.55% Cost of total deposits 0.62% 0.55% 0.34% Credit Quality Ratios Allowance for loan losses as a percentage of loans held for investment 0.77% 0.75% 1.18% Net (recoveries) charge-off's as a percentage of average loans held for investment (0.11)% (0.01)% (0.25)% Nonperforming loans held for investment as a percentage of total loans held for investments 0.26% 0.30% 0.50% Nonperforming assets as a percentage of total assets 0.52% 0.59% 0.58% Preliminary capital ratios (Consolidated) Shareholders' equity to assets 12.8% 12.9% 15.2% Tangible common equity to tangible assets* 10.1% 10.2% 13.9% Tier 1 capital (to average assets) 10.9% 10.7% 15.5% Tier 1 capital (to risk-weighted assets) 11.4% 11.8% 18.3% Total capital (to risk-weighted assets) 12.0% 12.3% 19.1% Common Equity Tier 1 (to risk-weighted assets) (CET1) 10.7% 11.0% 17.2% *These measures are considered non-gaap financial measures. See GAAP Reconciliation and Use of Non-GAAP Financial Measures and the corresponding financial tables below for reconciliations of these Non-GAAP measures. Investors are encouraged to refer to the discussion of non-gaap measures included in the corresponding earnings release.

11 Non-GAAP Reconciliation For the s Ended (Unaudited) ( In Thousands, Except Share Data and % ) Net income, adjusted Second First Second Pre-tax net income $ 29,859 $ 25,236 $ 17,813 Plus merger and offering-related expenses 671 1, Less significant gains (losses) on securities, other real estate owned and other items Pre-tax net income, adjusted $ 30,530 $ 26,429 $ 18,580 Income tax expense, adjusted 7,794 5,793 6,875 Net income, adjusted $ 22,736 $ 20,636 $ 11,705 Weighted average common shares outstanding fully diluted 31,294,044 31,421,830 26,301,458 Diluted earnings per share, adjusted Diluted earnings per common share $ 0.70 $ 0.63 $ 0.43 Plus merger and offering-related expenses Less significant gains (losses) on securities, other real estate owned and other items Less tax effect - (0.01) (0.01) Diluted earnings per share, adjusted $ 0.72 $ 0.66 $ 0.45 Previously, the Company adjusted reported net income for the following items: (i) change in fair value in MSRs, net, and (ii) Gains (losses) from securities, OREO, MSRs, other assets, and other items. Beginning with the first quarter of 2018, the Company is only adjusting reported earnings for (i) merger and conversion costs; and (ii) other significant items impacting comparability between quarterly and annual periods including costs related to the secondary stock offering completed by our primary shareholder during the second quarter of Prior periods have been adjusted to conform to this presentation, see below for previously reported amounts: 2017 Previously reported core results* Second Core net income $ 12,919 Core diluted earnings per share $ 0.49 * Non-GAAP reconciliations of previously reported core results are included in previously issued earnings release supplements.

12 Non-GAAP Reconciliation For the s Ended (Unaudited) ( In Thousands, Except Share Data and % ) Core efficiency ratio (tax-equivalent basis) Second First Second Total noninterest expense $ 56,303 $ 56,151 $ 49,136 Less merger and offering-related expenses 671 1, Less loss on sale of mortgage servicing rights Core noninterest expense $ 55,632 $ 54,958 $ 48,120 Net interest income (tax-equivalent basis) 51,909 48,799 31,158 Total noninterest income 35,708 33,275 35,657 Less change in fair value on mortgage servicing rights (1,778) (1,713) (1,840) Less (loss) gain on sales or write-downs of other real estate owned and other assets (132) (118) 62 Less (loss) gain from securities, net (97) (47) 29 Core noninterest income 37,715 35,153 37,406 Core revenue $ 89,624 $ 83,952 $ 68,564 Efficiency ratio (GAAP) (1) 64.5% 68.7% 74.4% Core efficiency ratio (tax-equivalent basis) 62.1% 65.5% 70.2% (1) Efficiency ratio (GAAP) is calculated by dividing reported noninterest expense by reported total revenue Banking segment core efficiency ratio (tax equivalent) Second First Second Core consolidated noninterest expense $ 55,632 $ 54,958 $ 48,120 Less Mortgage segment noninterest expense 19,582 18,910 19,802 Add loss on sale of mortgage servicing rights Adjusted Banking segment noninterest expense 36,050 36,048 28,567 Adjusted core revenue 89,624 83,952 68,564 Less Mortgage segment noninterest income 21,650 20,363 23,121 Less change in fair value on mortgage servicing rights (1,778) (1,713) (1,840) Adjusted Banking segment total revenue $ 69,752 $ 65,302 $ 47,283 Banking segment core efficiency ratio (tax-equivalent basis) 51.7% 55.2% 60.4% Mortgage segment core efficiency ratio (tax equivalent) Consolidated Noninterest expense $ 56,303 $ 56,151 $ 49,136 Less loss on sale of mortgage servicing rights Less Banking segment noninterest expense 36,721 37,241 29,334 Adjusted Mortgage segment noninterest expense $ 19,582 $ 18,910 $ 19,553 Total noninterest income 35,708 33,275 35,657 Less Banking segment noninterest income 14,058 12,912 12,536 Less change in fair value on mortgage servicing rights (1,778) (1,713) (1,840) Adjusted Mortgage segment total revenue $ 23,428 $ 22,076 $ 24,961 Mortgage segment core efficiency ratio (tax-equivalent basis) 83.6% 85.7% 78.3% Mortgage contribution, adjusted Second First Second Mortgage segment pre-tax net contribution $ 1,916 $ 1,111 $ 3,747 Retail footprint: Mortgage banking income 6,894 6,108 7,118 Mortgage banking expenses 5,649 5,097 5,368 Retail footprint pre-tax net contribution 1,245 1,011 1,750 Total mortgage banking pre-tax net contribution $ 3,161 $ 2,122 $ 5,497 Pre-tax net income 29,859 25,236 17,813 % total mortgage banking pre-tax net contribution 10.6% 8.4% 30.9% Pre-tax net income, adjusted 30,530 26,429 18,580 % total mortgage banking pre-tax net contribution, adjusted 10.4% 8.0% 29.6%

13 Non-GAAP Reconciliation For the s Ended (Unaudited) ( In Thousands, Except Share Data and % ) Tangible assets and equity Second First Second Tangible Assets Total assets $ 4,923,249 $ 4,725,416 $ 3,346,570 Less goodwill 137, ,190 46,867 Less intangibles, net 13,203 14,027 4,048 Tangible assets $ 4,772,856 $ 4,574,199 $ 3,295,655 Tangible Common Equity Total shareholders' equity $ 630,959 $ 611,075 $ 509,517 Less goodwill 137, ,190 46,867 Less intangibles, net 13,203 14,027 4,048 Tangible common equity $ 480,566 $ 459,819 $ 458,602 Common shares outstanding 30,683,353 30,671,763 28,968,160 Book value per common share $ $ $ Tangible book value per common share $ $ $ Total shareholders' equity to total assets 12.8% 12.9% 15.2% Tangible common equity to tangible assets 10.1% 10.2% 13.9% Net income $ 22,065 $ 19,754 $ 11,239 Return on tangible common equity 18.4% 17.4% 9.8% Return on average tangible common equity Second First Second Total average shareholders' equity $ 615,950 $ 599,198 $ 398,805 Less average goodwill 137, ,190 46,839 Less average intangibles, net 13,615 14,465 4,124 Average tangible common equity $ 465,145 $ 447,544 $ 347,842 Net income $ 22,065 $ 19,754 $ 11,239 Return on average tangible common equity 19.0% 17.9% 13.0% Return on average tangible common equity, adjusted Second First Second Average tangible common equity 465, , ,842 Net income, adjusted $ 22,736 $ 20,636 $ 11,705 Return on average tangible common equity, adjusted 19.6% 18.7% 13.5% Return on average assets and equity, adjusted Second First Second Net income $ 22,065 $ 19,754 $ 11,239 Average assets 4,763,991 4,678,494 3,224,783 Average equity 615, , ,805 Return on average assets 1.86% 1.71% 1.40% Return on average equity 14.4% 13.4% 11.3% Net income, adjusted 22,736 20,636 11,705 Return on average assets, adjusted 1.91% 1.79% 1.46% Return on average equity, adjusted 14.8% 14.0% 11.8% 2017 Previously reported core metrics* Second Core return on average tangible common equity 14.9% Core return on average assets 1.61% Core return on average equity 13.0% Core total revenue $ 67,833 * Non-GAAP reconciliations of previously reported core results are included in previously issued earnings release supplements. CONTACT: FB Financial Corporation Media Contact: Jeanie M. Rittenberry, jrittenberry@firstbankonline.com or Financial Contact: James R. Gordon, jgordon@firstbankonline.com investorrelations@firstbankonline.com

14 Second 2018 Financial Supplement Exhibit 99.2

15 TABLE OF CONTENTS Financial Summary and Key Metrics 4 Consolidated Statements of Income 5-6 Consolidated Balance Sheets 7 Page Average Balance, Average Yield Earned and Average Rate Paid 8-10 Loans and Deposits by Market 11 Segment Data 12 Loan Portfolio and Asset Quality 13 Preliminary Capital Ratios 14 Investment Portfolio 15 Non-GAAP Reconciliation Use of non-gaap Financial Measures This Supplemental Financial Information contains certain financial measures that are not measures recognized under U.S. generally accepted accounting principles ( GAAP ) and therefore are considered non-gaap financial measures. These non GAAP financial measures include, without limitation, adjusted net income, core net income, adjusted diluted earnings per share, core diluted earnings per share, core noninterest expense and core noninterest income, core efficiency ratio (tax equivalent basis), Banking segment core efficiency ratio (tax equivalent basis), Mortgage segment core efficiency ratio (tax equivalent basis), adjusted mortgage contribution, core return on average assets and equity and core total revenue. Each of these non-gaap metrics excludes certain income and expense items that the Company s management considers to be non core in nature. The Company refers to these non GAAP measures as adjusted or core measures. The corresponding Earnings Release also presents tangible assets, tangible common equity, tangible book value per common share, tangible common equity to tangible assets, return on tangible common equity, return on average tangible common equity, adjusted return on average assets, adjusted return on average equity, core return on average tangible common equity and adjusted return on average tangible common equity. Each of these non-gaap metrics excludes the impact of goodwill and other intangibles.

16 The Company s management uses these non-gaap financial measures in their analysis of the Company s performance, financial condition and the efficiency of its operations as management believes such measures facilitate period-to-period comparisons and provide meaningful indications of its operating performance as they eliminate both gains and charges that management views as non-recurring or not indicative of operating performance. Management believes that these non-gaap financial measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods as well as demonstrating the effects of significant non-core gains and charges in the current and prior periods. The Company s management also believes that investors find these non- GAAP financial measures useful as they assist investors in understanding the Company s underlying operating performance and in the analysis of ongoing operating trends. In addition, because intangible assets such as goodwill and other intangibles, and the other items excluded each vary extensively from company to company, the Company believes that the presentation of this information allows investors to more easily compare the Company s results to the results of other companies. However, the non-gaap financial measures discussed herein should not be considered in isolation or as a substitute for the most directly comparable or other financial measures calculated in accordance with GAAP. Moreover, the manner in which the Company calculates the non-gaap financial measures discussed herein may differ from that of other companies reporting measures with similar names. You should understand how such other banking organizations calculate their financial measures similar or with names similar to the non-gaap financial measures the Company has discussed herein when comparing such non-gaap financial measures. The following tables provide a reconciliation of these measures to the most directly comparable GAAP financial measures.

17 FB Financial Corporation Second 2018 Supplemental Financial Information Page 4 Financial Summary and Key Metrics (Unaudited) ( In Thousands, Except Share Data and % ) Second First Fourth Third Second Statement of Income Data Total interest income $ 59,043 $ 54,848 $ 55,031 $ 48,415 $ 33,278 Total interest expense 7,526 6,419 6,048 4,805 2,851 Net interest income 51,517 48,429 48,983 43,610 30,427 Provision for loan losses 1, (784) (865) Total noninterest income 35,708 33,275 37,017 37,820 35,657 Total noninterest expense 56,303 56,151 57,540 69,224 49,136 Net income before income taxes 29,859 25,236 27,504 12,990 17,813 Income tax expense 7,794 5,482 4,486 4,602 6,574 Net income $ 22,065 $ 19,754 $ 23,018 $ 8,388 $ 11,239 Net interest income (tax equivalent basis) $ 51,909 $ 48,799 $ 49,692 $ 44,281 $ 31,158 Net income, adjusted* $ 22,736 $ 20,636 $ 18,265 $ 17,936 $ 11,705 Per Common Share Diluted net income $ 0.70 $ 0.63 $ 0.74 $ 0.27 $ 0.43 Diluted net income, adjusted* $ 0.72 $ 0.66 $ 0.59 $ 0.58 $ 0.45 Book value Tangible book value* Weighted average number of shares-diluted 31,294,044 31,421,830 31,166,080 30,604,537 26,301,458 Period-end number of shares 30,683,353 30,671,763 30,535,517 30,526,592 28,968,160 Selected Balance Sheet Data Cash and due from banks $ 67,863 $ 53,060 $ 29,831 $ 67,070 $ 59,112 Loans held for investment (HFI) 3,415,575 3,244,663 3,166,911 3,114,562 1,970,974 Allowance for loan losses (26,347) (24,406) (24,041) (23,482) (23,247) Loans held for sale 374, , , , ,416 Investment securities, at fair value 611, , , , ,357 Other real estate owned, net 14,639 15,334 16,442 13,812 6,370 Total assets 4,923,249 4,725,416 4,727,713 4,581,943 3,346,570 Customer deposits 3,844,009 3,684,758 3,578,694 3,614,220 2,726,060 Brokered and internet time deposits 65,854 81,393 85, ,318 1,533 Total deposits 3,909,863 3,766,151 3,664,395 3,718,538 2,727,593 Borrowings 326, , , ,299 43,790 Total shareholders' equity 630, , , , ,517 Selected Ratios Return on average: Assets 1.86% 1.71% 1.96% 0.80% 1.40% Shareholders' equity 14.4% 13.4% 15.8% 6.0% 11.3% Tangible common equity* 19.0% 17.9% 21.3% 7.7% 13.0% Average shareholders' equity to average assets 12.9% 12.8% 12.4% 13.2% 12.4% Net interest margin (NIM) (tax-equivalent basis) 4.81% 4.64% 4.63% 4.61% 4.19% Efficiency ratio (GAAP) 64.5% 68.7% 66.9% 85.0% 74.4% Core efficiency ratio (tax-equivalent basis)* 62.1% 65.5% 63.6% 64.4% 70.2% Loans held for investment to deposit ratio 87.4% 86.2% 86.4% 83.8% 72.3% Total loans to deposit ratio 96.9% 97.2% 100.8% 96.3% 87.9% Yield on interest-earning assets 5.51% 5.25% 5.20% 5.10% 4.57% Cost of interest-bearing liabilities 0.96% 0.85% 0.79% 0.71% 0.55% Cost of total deposits 0.62% 0.55% 0.50% 0.46% 0.34% Credit Quality Ratios Allowance for loan losses as a percentage of loans held for investment 0.77% 0.75% 0.76% 0.75% 1.18% Net (recoveries) charge-off's as a percentage of average loans held for investment (0.11)% (0.01)% 0.05% (0.15)% (0.25)% Nonperforming loans held for investment as a percentage of total loans held for investments 0.26% 0.30% 0.32% 0.29% 0.50% Nonperforming assets as a percentage of total assets (a) 0.52% 0.59% 1.52% 0.88% 0.58% Preliminary capital ratios (Consolidated) Shareholders' equity to assets 12.8% 12.9% 12.6% 12.5% 15.2% Tangible common equity to tangible assets* 10.1% 10.2% 9.7% 9.5% 13.9% Tier 1 capital (to average assets) 10.9% 10.7% 10.5% 11.4% 15.5% Tier 1 capital (to risk-weighted assets) 11.4% 11.8% 11.4% 11.6% 18.3% Total capital (to risk-weighted assets) 12.0% 12.3% 12.0% 12.2% 19.1% Common Equity Tier 1 (to risk-weighted assets) (CET1) 10.7% 11.0% 10.7% 10.8% 17.2% *These measures are considered non-gaap financial measures. See GAAP Reconciliation and Use of Non-GAAP Financial Measures and the corresponding financial tables below for reconciliations of these Non-GAAP measures. Investors are encouraged to refer to the discussion of non-gaap measures included in the corresponding earnings release. (a) For the three months ended December 31 and September 30, 2017, GNMA loans subject to ability to repurchase were included. The Company derecognized these in the first quarter of 2018 as the perceived benefit has decreased with rising rates.

18 FB Financial Corporation Second 2018 Supplemental Financial Information Page 5 Consolidated Statements of Income (Unaudited) ( In Thousands, Except Share Data and % ) Q Q vs. vs Q Q Fourth Third Second Percent variance Percent variance Second First Interest income: Interest and fees on loans $ 54,529 $ 50,693 $ 51,246 $ 44,367 $ 29, % 85.8% Interest on securities Taxable 3,134 2,852 2,529 2,399 2, % 21.1% Tax-exempt , % -8.1% Other % 47.2% Total interest income 59,043 54,848 55,031 48,415 33, % 77.4% Interest expense: Deposits Demand and savings accounts 3,951 3,315 3,209 2,829 1, % 132.0% Time deposits 1,947 1,756 1,447 1, % 222.4% Short-term borrowings % 519.6% Long-term debt , % 116.2% Total interest expense 7,526 6,419 6,048 4,805 2, % 164.0% Net interest income 51,517 48,429 48,983 43,610 30, % 69.3% Provision for loan losses 1, (784) (865) 235.3% % Net interest income after provision for loan losses 50,454 48,112 48,027 44,394 31, % 61.2% Noninterest income: Mortgage banking income 28,544 26,471 30,280 31,334 30, % -5.6% Service charges on deposit accounts 2,132 2,097 2,181 2,044 1, % 18.7% ATM and interchange fees 2,581 2,361 2,430 2,222 2, % 23.8% Investment services and trust income 1,180 1,206 1,154 1, % 30.7% (Loss) gain from securities, net (97) (47) % % Gain (loss) on sales or write-downs of other real estate owned 23 (186) (72) (368) % 0.0% (Loss) gain from other assets (155) 68 (314) % % Other income 1,500 1,305 1,357 1, % 176.2% Total noninterest income 35,708 33,275 37,017 37,820 35, % 0.1% Total revenue 87,225 81,704 86,000 81,430 66, % 32.0% Noninterest expenses: Salaries, commissions and employee benefits 34,508 34,149 35,771 34,795 30, % 12.1% Occupancy and equipment expense 3,744 3,605 3,881 3,539 3, % 13.2% Legal and professional fees 1,965 2,043 1,764 1,512 1, % 90.2% Data processing 2,138 2,035 1,766 1,761 1, % 46.4% Merger and conversion - 1,193 2,069 15, % % Amortization of core deposits and other intangibles % 552.0% Loss on sale of mortgage servicing rights % % Regulatory fees and deposit insurance assessments % 47.8% Software license and maintenance fees % 7.1% Advertising 3,408 3,282 3,189 3,493 3, % 1.9% Other expense 8,618 7,962 7,078 6,783 7, % 19.5% Total noninterest expense 56,303 56,151 57,540 69,224 49, % 14.6% Income before income taxes 29,859 25,236 27,504 12,990 17, % 67.6% Income tax expense 7,794 5,482 4,486 4,602 6, % 18.6% Net income $ 22,065 $ 19,754 $ 23,018 $ 8,388 $ 11, % 96.3% Earnings available to common shareholders $ 21,948 (a) $ 19,754 $ 23,018 $ 8,388 $ 11,239 Weighted average common shares outstanding: Basic 30,678,732 30,613,284 30,527,234 30,004,952 25,741,968 Fully diluted 31,294,044 31,421,830 31,166,080 30,604,537 26,301,458 Earnings per common share: Basic $ 0.72 $ 0.65 $ 0.75 $ 0.28 $ 0.44 Fully diluted (a) During the second quarter of 2018, the Company declared a dividend which included participating securities related to the Company's undistributed restricted stock units. As such, earnings per share is presented in accordance with the two-class method.

19 FB Financial Corporation Second 2018 Supplemental Financial Information Page 6 Consolidated Statements of Income (Unaudited) ( In Thousands, Except Share Data and % ) Q2 YTD 2018 For the six months year ended June 30, vs. Q2 YTD Percent variance Interest income: Interest and fees on loans $ 105,222 $ 58, % Interest on securities Taxable 5,986 5, % Tax-exempt 1,906 2, % Other % Total interest income 113,891 66, % Interest expense: Deposits Demand and savings accounts 7,266 3, % Time deposits 3,703 1, % Short-term borrowings 1, % Long-term debt 1, % Total interest expense 13,945 5, % Net interest income 99,946 60, % Provision for loan losses 1,380 (1,122) % Net interest income after provision for loan losses 98,566 61, % Noninterest income: Mortgage banking income 55,015 55, % Service charges on deposit accounts 4,229 3, % ATM and interchange fees 4,942 4, % Investment services and trust income 2,386 1, % (Loss) gain from securities, net (144) % (Loss) gain on sales or write-downs of other real estate owned (163) % (Loss) gain on other assets (87) % Other income 2,805 1, % Total noninterest income 68,983 66, % Total revenue 168, , % Noninterest expenses: Salaries, commissions and employee benefits 68,657 59, % Occupancy and equipment expense 7,349 6, % Legal and professional fees 4,008 2, % Data processing 4,173 2, % Merger and conversion 1,193 1, % Amortization of intangibles 1, % Loss on sale of mortgage servicing rights % Regulatory fees and deposit insurance assessments 1, % Software license and maintenance fees % Advertising 6,690 6, % Other expense 16,580 13, % Total noninterest expense 112,454 95, % Net income before income taxes 55,095 32, % Income tax expense 13,276 11, % Net income $ 41,819 $ 20, % Earnings available to common shareholders (a) $ 41,596 $ 20,992 Weighted average common shares outstanding: Basic 30,646,189 24,944,633 Fully diluted 31,275,846 25,450,419 Earnings per common share: Basic $ 1.36 $ 0.84 Fully diluted $ 1.33 $ 0.82 (a) During the second quarter of 2018, the Company declared a dividend which included participating securities related to certain of the Company's undistributed restricted stock units. As such, earnings per share is presented in accordance with the two-class method prospectively.

20 FB Financial Corporation Second 2018 Supplemental Financial Information Page 7 Consolidated Balance Sheets (Unaudited) ( In Thousands, % ) Second Annualized Q Q vs. vs Q Q First Fourth Third Second Percent variance Percent variance ASSETS Cash and due from banks $ 67,863 $ 53,060 $ 29,831 $ 67,070 $ 59, % 14.8% Federal funds sold 19,859 7,171 66,127 4,470 16, % 22.3% Interest bearing deposits in financial institutions 16,695 13,469 23,793 25, , % -84.9% Cash and cash equivalents 104,417 73, ,751 97, , % -43.9% Investments: Available-for-sale debt securities, at fair value 608, , , , , % 11.7% Equity securities, at fair value 3,075 3,099 7,722 7,727 8, % -64.5% Federal Home Loan Bank stock, at cost 12,641 11,810 11,412 11,152 7, % 63.3% Loans held for sale, at fair value 374, , , , , % -12.3% Loans 3,415,575 3,244,663 3,166,911 3,114,562 1,970, % 73.3% Less: allowance for loan losses 26,347 24,406 24,041 23,482 23, % 13.3% Net loans 3,389,228 3,220,257 3,142,870 3,091,080 1,947, % 74.0% Premises and equipment, net 85,936 81,175 81,577 85,550 66, % 29.4% Other real estate owned, net 14,639 15,334 16,442 13,812 6, % 129.8% Interest receivable 12,729 13,920 13,069 11,218 7, % 81.5% Mortgage servicing rights, at fair value 109,449 93,160 76,107 63,046 48, % 125.8% Goodwill 137, , , ,910 46, % 192.7% Core deposit and other intangibles, net 13,203 14,027 14,902 12,550 4, % 226.2% Other assets 57,466 52,978 44,216 47,809 44, % 28.0% Total assets $ 4,923,249 $ 4,725,416 $ 4,727,713 $ 4,581,943 $ 3,346, % 47.1% LIABILITIES AND SHAREHOLDERS' EQUITY Liabilities: Demand deposits Noninterest-bearing $ 970,851 $ 930,991 $ 888,200 $ 924,773 $ 715, % 35.7% Interest-bearing 2,027,776 1,945,886 1,909,546 1,948,600 1,471, % 37.8% Savings deposits 181, , , , , % 25.8% Customer time deposits 664, , , , , % 68.1% Brokered and internet time deposits 65,854 81,393 85, ,318 1, % % Total time deposits 730, , , , , % 84.1% Total deposits 3,909,863 3,766,151 3,664,395 3,718,538 2,727, % 43.3% Securities sold under agreements to repurchase 15,996 14,724 14,293 14,556 16, % -2.1% Short-term borrowings 187, , ,000 52, % 100.0% Long-term debt 139, , , ,533 43, % 218.3% Accrued expenses and other liabilities 39,534 55, ,994 80,022 49, % -19.9% Total liabilities 4,292,290 4,114,341 4,130,984 4,009,415 2,837, % 51.3% Shareholders' equity: Common stock, $1 par value 30,683 30,672 30,536 30,527 28, % 5.9% Additional paid-in capital 420, , , , , % 15.5% Retained earnings 187, , , , , % 62.3% Accumulated other comprehensive (loss) income, net (7,356) (5,501) 148 1,571 1, % % Total shareholders' equity 630, , , , , % 23.8% Total liabilities and shareholders' equity $ 4,923,249 $ 4,725,416 $ 4,727,713 $ 4,581,943 $ 3,346, % 47.1%

21 FB Financial Corporation Second 2018 Supplemental Financial Information Page 8 Average Balance, Average Yield Earned and Average Rate Paid For the s Ended (Unaudited) ( In Thousands, Except % ) Average balances Three Months Ended Three Months Ended June 30, 2018 March 31, 2018 Interest Average Interest income/ yield/ Average income/ expense rate balances expense Interest-earning assets: Loans HFI (1) $ 3,289,045 $ 50, % $ 3,192,490 $ 46, % Loans held for sale 362,571 4, % 434,573 4, % Securities: Taxable 484,035 3, % 457,826 2, % Tax-exempt (1) 115,334 1, % 109,116 1, % Total securities (1) 599,369 4, % 566,942 4, % Federal funds sold 19, % 20, % Interest-bearing deposits with other financial institutions 42, % 35, % FHLB stock 12, % 11, % Total interest earning assets (1) 4,325,910 59, % 4,261,599 55, % Noninterest Earning Assets: Cash and due from banks 48,184 43,261 Allowance for loan losses (24,771) (24,311) Other assets 414, ,945 Total noninterest earning assets 438, ,895 Total assets $ 4,763,991 $ 4,678,494 Interest-bearing liabilities: Interest bearing deposits: Customer time deposits $ 628,709 $ 1, % $ 617,784 $ 1, % Broker and internet time deposits 75, % 84, % Time deposits 704,408 1, % 701,909 1, % Money market 1,005,081 2, % 975,831 1, % Negotiable order of withdrawals 935,351 1, % 943,707 1, % Savings deposits 181, % 179, % Total interest bearing deposits 2,826,301 5, % 2,801,372 5, % Other interest-bearing liabilities: FHLB advances 253,131 1, % 211, % Other borrowings 20, % 15, % Long-term debt 30, % 30, % Total other interest-bearing liabilities 304,063 1, % 257,825 1, % Total Interest-bearing liabilities 3,130,364 7, % 3,059,197 6, % Noninterest bearing liabilities: Demand deposits 975, ,213 Other liabilities 41,917 92,886 Total noninterest-bearing liabilities 1,017,677 1,020,099 Total liabilities 4,148,041 4,079,296 Shareholders' equity 615, ,198 Total liabilities and shareholders' equity $ 4,763,991 $ 4,678,494 Net interest income (1) $ 51,909 $ 48,799 Interest rate spread (1) 4.55% 4.40% Net interest margin (1) 4.81% 4.64% Average interest-earning assets to average interestbearing liabilities 138.2% 139.3% Tax equivalent adjustment $ 392 $ 370 Loan HFI yield components: Contractual interest rate (1) $ 44, % $ 41, % Origination and other loan fee income 3, % 2, % Accretion on purchased loans 1, % 1, % Nonaccrual interest collections % % Syndication fee income % % Total loan yield $ 50, % $ 46, % (1) Includes tax equivalent adjustment using combined marginal tax rate of % for 2018 and % for 2017 Average yield/ rate

22 FB Financial Corporation Second 2018 Supplemental Financial Information Page 9 Average Balance, Average Yield Earned and Average Rate Paid For the s Ended (Unaudited) ( In Thousands, Except % ) Average balances Three Months Ended Three Months Ended Three Months Ended December 31, 2017 September 30, 2017 June 30, 2017 Interest Average Interest Average Interest income/ yield/ Average income/ yield/ Average income/ expense rate balances expense rate balances expense Interest-earning assets: Loans HFI (1) $ 3,138,245 $ 46, % $ 2,705,265 $ 40, % $ 1,942,667 $ 25, % Loans held for sale 493,073 4, % 410,434 4, % 390,596 4, % Securities: Taxable 442,351 2, % 425,281 2, % 442,309 2, % Tax-exempt (1) 108,000 1, % 117,429 1, % 122,553 1, % Total securities (1) 550,351 4, % 542,710 4, % 564,862 4, % Federal funds sold 18, % 39, % 8, % Interest-bearing deposits with other financial institutions 42, % 108, % 68, % FHLB stock 11, % 8, % 7, % Total interest earning assets (1) 4,253,749 55, % 3,814,849 49, % 2,982,784 34, % Noninterest Earning Assets: Cash and due from banks 57,406 55,485 50,004 Allowance for loan losses (23,470) (23,875) (22,813) Other assets 376, , ,808 Total noninterest earning assets 410, , ,999 Total assets $ 4,664,669 $ 4,162,478 $ 3,224,783 Interest-bearing liabilities: Interest bearing deposits: Customer time deposits $ 577,003 $ 1, % $ 493,992 $ % $ 389,390 $ % Broker and internet time deposits 95, % 95, % 1, % Time deposits 672,483 1, % 589,199 1, % 390, % Money market 1,071,194 1, % 1,023,612 1, % 723, % Negotiable order of withdrawals 832,030 1, % 788,238 1, % 711, % Savings deposits 178, % 166, % 143, % Total interest bearing deposits 2,754,281 4, % 2,567,233 3, % 1,968,388 2, % Other interest-bearing liabilities: FHLB advances 241, % 86, % 52, % Other borrowings 15, % 15, % 17, % Long-term debt 30, % 30, % 30, % Total other interest-bearing liabilities 288,120 1, % 133, % 100, % Total Interestbearing liabilities 3,042,401 6, % 2,700,786 4, % 2,069,202 2, % Noninterest bearing liabilities: Demand deposits 964, , ,419 Other liabilities 79,382 39,310 32,357 Total noninterestbearing liabilities 1,043, , ,776 Total liabilities 4,085,813 3,612,069 2,825,978 Shareholders' equity 578, , ,805 Total liabilities and shareholders' equity $ 4,664,669 $ 4,162,478 $ 3,224,783 Net interest income (1) $ 49,692 $ 44,281 $ 31,158 Interest rate spread (1) 4.41% 4.40% 4.10% Net interest margin (1) 4.63% 4.61% 4.19% Average interest-earning assets to average interestbearing liabilities 139.8% 141.2% 144.2% Tax equivalent adjustment $ 709 $ 671 $ 731 Loan HFI yield components: Contractual interest Average yield/ rate

23 rate (1) $ 41, % $ 34, % $ 22, % Origination and other loan fee income 2, % 2, % 1, % Accretion on purchased loans 1, % 1, % % Nonaccrual interest collections 1, % 1, % % Syndication fee income % % % Total loan yield $ 46, % $ 40, % $ 25, % (1) Includes tax equivalent adjustment using combined marginal tax rate of % for 2017

24 FB Financial Corporation Second 2018 Supplemental Financial Information Page 10 Average Balance, Average Yield Earned and Average Rate Paid For the Periods Ended (Unaudited) ( In Thousands, Except % ) Average balances For the six months ended For the six months ended June 30, 2018 June 30, 2017 Interest Average Interest income/ yield/ Average income/ expense rate balances expense Interest-earning assets: Loans HFI (1) $ 3,241,657 $ 96, % $ 1,906,510 $ 50, % Loans held for sale 398,373 8, % 386,288 8, % Securities: Taxable 470,660 5, % 449,432 5, % Tax-exempt (1) 112,286 2, % 120,098 3, % Total securities (1) 582,946 8, % 569,530 8, % Federal funds sold 19, % 11, % Interest-bearing deposits with other financial institutions 39, % 75, % FHLB stock 12, % 7, % Total interest earning assets (1) 4,294, , % 2,957,126 67, % Noninterest Earning Assets: Cash and due from banks 45,736 50,805 Allowance for loan losses (24,544) (22,387) Other assets 404, ,067 Total noninterest earning assets 425, ,485 Total assets $ 4,719,932 $ 3,198,611 Interest-bearing liabilities: Interest bearing deposits: Customer time deposits 623,276 3, % 389,032 1, % Broker and internet time deposits 79, % 1, % Time deposits 703,162 3, % 390,564 1, % Money market $ 990,537 $ 4, % $ 726,458 $ 1, % Negotiable order of withdrawals 939,506 2, % 715,006 1, % Savings deposits 180, % 140, % Total interest bearing deposits 2,813,902 10, % 1,972,039 4, % Other interest-bearing liabilities: FHLB advances 232,547 2, % 56, % Other borrowings 17, % 18, % Long-term debt 30, % 30, % Total other interest-bearing liabilities 281,072 2, % 105,573 1, % Total Interest-bearing liabilities $ 3,094,974 $ 13, % $ 2,077,612 $ 5, % Noninterest bearing liabilities: Demand deposits $ 952,140 $ 716,560 Other liabilities 65,110 38,265 Total noninterest-bearing liabilities 1,017, ,825 Total liabilities 4,112,224 2,832,437 Shareholders' equity 607, ,174 Total liabilities and shareholders' equity $ 4,719,932 $ 3,198,611 Net interest income (1) $ 100,708 $ 62,121 Interest rate spread (1) 4.47% 4.08% Net interest margin (1) 4.73% 4.24% Average interest-earning assets to average interestingbearing liabilities 138.7% 142.3% Tax equivalent adjustment $ 762 $ 1,443 Loan HFI yield components: Contractual interest rate (1) $ 85, % $ 43, % Origination and other loan fee income 6, % 3, % Accretion on purchased loans 3, % 2, % Nonaccrual interest collections % % Syndicated fee income % % Total loan yield $ 96, % $ 50, % (1) Includes tax equivalent adjustment using combined marginal tax rate of % for 2018 and % for 2017 Average yield/ rate

25 FB Financial Corporation Second 2018 Supplemental Financial Information Page 11 Loans and Deposits by Market For the s Ended (Unaudited) ( In Thousands ) Second First Fourth Third Second Loans by market Metropolitan $ 2,210,419 $ 2,076,465 $ 1,984,826 $ 1,932,934 $ 1,461,129 Community 771, , , , ,320 Specialty lending and other 433, , , ,818 33,525 Total $ 3,415,575 $ 3,244,663 $ 3,166,911 $ 3,114,562 $ 1,970,974 Deposits by market Metropolitan 2,112,941 2,079,983 2,091,927 2,059,401 1,598,574 Community 1,392,649 1,409,612 1,291,922 1,311,120 1,085,345 Mortgage and other (1) 404, , , ,017 43,674 Total $ 3,909,863 $ 3,766,151 $ 3,664,395 $ 3,718,538 $ 2,727,593 (1) Includes deposits related to escrow balances from mortgage servicing portfolio and wholesale and other deposits

26 FB Financial Corporation Second 2018 Supplemental Financial Information Page 12 Segment Data For the s Ended (Unaudited) ( In Thousands, Except % ) Second First Fourth Third Second Banking segment Net interest income $ 51,669 $ 48,771 $ 49,422 $ 43,741 $ 29,999 Provision for loan losses 1, (784) (865) Mortgage banking income retail footprint 6,894 6,108 6,455 7,498 7,118 Other noninterest income 7,164 6,804 6,737 6,486 5,418 Other noninterest mortgage banking expenses 5,649 5,097 5,294 6,216 5,368 Merger and conversion expense - 1,193 2,069 15, Other noninterest expense 31,072 30,951 30,060 27,540 23,199 Pre-tax income after allocations $ 27,943 $ 24,125 $ 24,235 $ 9,042 $ 14,066 Total assets 4,443,490 4,220,543 4,130,349 4,056,901 2,878,437 Intracompany funding income included in net interest income 4,517 4,508 5,276 4,274 3,831 Core efficiency ratio* 51.7% 55.2% 55.5% 56.2% 60.4% Mortgage segment Net interest income $ (152) $ (342) $ (439) $ (131) $ 428 Provision for loan losses Noninterest income 21,650 20,363 23,825 23,836 23,121 Noninterest expense 19,582 18,910 20,117 19,757 19,802 Direct contribution $ 1,916 $ 1,111 $ 3,269 $ 3,948 $ 3,747 Total assets 479, , , , ,133 Intracompany funding expense included in net interest income 4,517 4,508 5,276 4,274 3,831 Core efficiency ratio* 83.6% 85.7% 83.8% 79.9% 78.3% Interest rate lock commitments volume during the period Consumer direct $ 785,965 $ 719,730 $ 677,449 $ 786,034 $ 780,179 Third party origination (TPO) 239, , , , ,034 Retail (total) 359, , , , ,530 Correspondent 590, , , , ,846 Total $ 1,975,987 $ 2,128,986 $ 1,813,814 $ 2,000,755 $ 2,157,589 Interest rate lock commitments pipeline (period end) Consumer direct $ 291,874 $ 246,650 $ 246,982 $ 261,617 $ 222,504 Third party origination (TPO) 92, ,365 63,034 93,353 88,938 Retail (total) 117, ,538 72, , ,158 Correspondent 95, , ,201 84, ,919 Total $ 597,568 $ 692,977 $ 504,156 $ 540,672 $ 546,519 Mortgage sales Consumer direct $ 483,434 $ 592,873 $ 567,529 $ 485,931 $ 498,997 Third party origination (TPO) 205, , , , ,185 Retail 79,497 64,925 68,695 71,358 66,640 Retail footprint 210, , , , ,157 Reverse 12,252 14,779 20,587 17,520 17,870 Correspondent 715, , , , ,410 Total $ 1,706,924 $ 1,682,819 $ 1,685,431 $ 1,637,762 $ 1,535,259 Gains and fees from origination and sale of mortgage loans held for sale $ 27,017 $ 23,481 $ 29,577 $ 29,570 $ 23,920 Net change in fair value of loans held for sale, derivatives, and other (2,299) (90) (3,317) (806) 5,412 Change in fair value of mortgage servicing rights, net of hedging (1,778) (1,713) (190) (893) (1,840) Mortgage servicing income 5,604 4,793 4,210 3,463 2,747 Total mortgage banking income $ 28,544 $ 26,471 $ 30,280 $ 31,334 $ 30,239 Mortgage sale margin (a) 1.58% 1.40% 1.75% 1.81% 1.56% *These measures are considered non-gaap financial measures. See GAAP Reconciliation and Use of Non-GAAP financial measures and the corresponding financial tables below for a reconciliation and discussion of these non-gaap measures. (a) Calculated by dividing gains from sale of mortgage loans held for sale by total mortgage sales

27 FB Financial Corporation Second 2018 Supplemental Financial Information Page 13 June 30, 2018 % of Total Loan Portfolio and Asset Quality For the s Ended (Unaudited) ( In Thousands, Except % ) March 31, % of % of 2018 Total Total December 31, 2017 September 30, 2017 Loan portfolio Commercial and industrial $ 813,041 24% $ 765,115 24% $ 715,075 23% $ 731,588 23% $ 423,704 21% Construction 522,446 15% 466,495 14% 448,326 14% 435,414 14% 282,727 14% Residential real estate: 1-to-4 family mortgage 528,022 15% 491,725 15% 480,989 15% 459,467 15% 307,152 16% Residential line of credit 208,668 6% 197,740 6% 194,986 6% 188,392 6% 177,783 9% Multi-family mortgage 57,344 2% 63,295 2% 62,374 2% 74,004 2% 52,810 3% Commercial real estate: Owner occupied 470,789 15% 499,331 16% 495,872 16% 473,395 15% 371,462 19% Non-owner occupied 600,252 17% 562,128 17% 551,588 17% 521,416 17% 273,285 14% Consumer and other 215,013 6% 198,834 6% 217,701 7% 230,886 7% 82,051 4% Total loans held for investment $ 3,415, % $ 3,244, % $ 3,166, % $ 3,114, % $ 1,970, % Allowance for loan losses rollforward summary Allowance for loan losses at the beginning of the period $ 24,406 $ 24,041 $ 23,482 $ 23,247 $ 22,898 Charge-off's (421) (661) (719) (575) (791) Recoveries 1, ,594 2,005 Provision for loan losses 1, (784) (865) Allowance for loan losses at the end of the period $ 26,347 $ 24,406 $ 24,041 $ 23,482 $ 23,247 % of Total June 30, 2017 % of Total Allowance for loan losses as a percentage of total loans held for investment 0.77% 0.75% 0.76% 0.75% 1.18% Charge-offs Commercial and Industrial $ (5) $ (220) $ (63) $ (221) $ (131) Construction (15) - (21) - - Residential real estate: 1-to-4 family mortgage (5) (60) (45) (32) (35) Residential line of credit - (20) (72) (9) (195) Multi-family mortgage Commercial real estate: Owner occupied - - (224) (64) - Non-owner occupied Consumer and other (396) (361) (294) (249) (430) Total Charge Offs: (421) (661) (719) (575) (791) Recoveries Commercial and Industrial ,511 Construction , Residential real estate: 1-to-4 family mortgage Residential line of credit Multi-family mortgage Commercial real estate: Owner occupied Non-owner occupied Consumer and other Total Recoveries: 1, ,594 2,005 Net recoveries (charge-off's) $ 878 $ 48 $ (397) $ 1,019 $ 1,214 Net (recoveries) charge-off's as a percentage of average total loans (0.11%) (0.01%) 0.05% (0.15%) (0.25%) Loans classified as substandard $ 58,331 $ 52,835 $ 55,488 $ 59,588 $ 37,858 Purchased credit impaired loans $ 77,630 $ 85,752 $ 88,835 $ 92,455 $ 15,733 Nonperforming assets (b) Past due 90 days or more and accruing interest $ 1,639 $ 2,689 $ 1,996 $ 1,238 $ 1,619 Nonaccrual 7,174 6,954 8,101 7,749 8,327 Total nonperforming loans held for investment $ 8,813 $ 9,643 $ 10,097 $ 8,987 $ 9,946 Loans held for sale (a) ,035 13,575 - Other real estate owned- foreclosed 9,258 9,755 10,547 10,205 6,370 Other real estate owned- acquired excess facilities 5,381 5,579 5,895 3,607 - Other assets 2,341 2,342 2,369 3,967 3,154 Total nonperforming assets $ 25,793 $ 27,820 $ 71,943 $ 40,341 $ 19,470

28 Total nonperforming loans as a percentage of loans held for investment 0.26% 0.30% 0.32% 0.29% 0.50% Total nonperforming assets as a percentage of total assets 0.52% 0.59% 1.52% 0.88% 0.58% Total accruing loans over 90 days delinquent as a percentage of total assets 0.03% 0.06% 0.04% 0.03% 0.05% Loans restructured as troubled debt restructurings $ 8,603 $ 8,675 $ 8,604 $ 8,095 $ 8,488 Troubled debt restructurings as a percentage of loans held for investment 0.25% 0.27% 0.27% 0.26% 0.43% (a) Includes right to repurchase government guaranteed GNMA mortgage loans previously sold and internally serviced for the fourth and third quarters of The Bank has not exercised and does not expect to exercise the repurchase option. In the first quarter of 2018 and prospectively, the Bank has elected to discontinue this practice as the perceived benefit has decreased with rising rates. (b) Nonperforming assets excludes purchase credit impaired loans

29 FB Financial Corporation Second 2018 Supplemental Financial Information Page 14 Preliminary Capital Ratios (Unaudited) ( In Thousands, Except % ) Computation of Tangible Common Equity to Tangible Assets: June 30, 2018 December 31, 2017 Total Equity $ 630,959 $ 596,729 Less: Goodwill 137, ,190 Other intangibles 13,203 14,902 Tangible Common Equity $ 480,566 $ 444,637 Total Assets $ 4,923,249 $ 4,727,713 Less: Goodwill 137, ,190 Other intangibles 13,203 14,902 Tangible Assets $ 4,772,856 $ 4,575,621 Total Common Equity to Total Assets 12.8% 12.6% Tangible Common Equity to Tangible Assets* 10.1% 9.7% June 30, 2018 December 31, 2017 Preliminary Regulatory Capital: Common Equity Tier 1 Capital $ 467,798 $ 442,381 Tier 1 Capital 497, ,381 Total Capital 524, ,422 Preliminary Regulatory Capital Ratios: Common Equity Tier % 10.7% Tier 1 Risk-Based 11.4% 11.4% Total Risk-Based 12.0% 12.0% Tier 1 Leverage 10.9% 10.5% *These measures are considered non-gaap financial measures. See GAAP Reconciliation and Use of Non-GAAP financial measures and the corresponding financial tables below for a reconciliation and discussion of these non-gaap measures.

30 FB Financial Corporation Second 2018 Supplemental Financial Information Page 15 Investment Portfolio For the s Ended (Unaudited) ( In Thousands, Except % ) Securities (at fair value) Second First Fourth Third Second Available for sale debt securities U.S. government agency securities $ 983 0% $ 982 0% $ 986 0% $ 992 0% $ 990 0% Mortgage-backed securities - residential 477,974 78% 472,930 79% 418,781 77% 418,794 77% 410,708 74% Municipals, tax exempt 122,247 20% 113,158 19% 109,251 20% 106,950 20% 122,698 22% Treasury securities 7,156 1% 7,178 1% 7,252 1% 8,819 2% 10,310 2% Total available for sale debt securities 608,360 99% 594,248 99% 536,270 99% 535,555 99% 544,706 98% Equity securities 3,075 1% 3,099 1% 7,722 1% 7,727 1% 8,651 2% Total securities $ 611, % $ 597, % $ 543, % $ 543, % $ 553, % Securities to total assets 12.4% 12.6% 11.5% 11.9% 16.5%

31 FB Financial Corporation Second 2018 Supplemental Financial Information Page 16 Non-GAAP Reconciliation For the s Ended (Unaudited) ( In Thousands, Except Share Data and % ) Net income, adjusted Second First Fourth Third Second Pre-tax net income $ 29,859 $ 25,236 $ 27,504 $ 12,990 $ 17,813 Plus merger and offering-related expenses 671 1,193 2,069 15, Less significant gains (losses) on securities, other real estate owned and other items Pre-tax net income, adjusted $ 30,530 $ 26,429 $ 29,573 $ 28,701 $ 18,580 Income tax expense, adjusted 7,794 5,793 11,308 10,765 6,875 Net income, adjusted $ 22,736 $ 20,636 $ 18,265 $ 17,936 $ 11,705 Weighted average common shares outstanding fully diluted 31,294,044 31,421,830 31,166,080 30,604,537 26,301,458 Diluted earnings per share, adjusted Diluted earnings per common share $ 0.70 $ 0.63 $ 0.74 $ 0.27 $ 0.43 Plus merger and offering-related expenses Less significant gains (losses) on securities, other real estate owned and other items Less tax effect - (0.01) (0.22) (0.20) (0.01) Diluted earnings per share, adjusted $ 0.72 $ 0.66 $ 0.59 $ 0.58 $ 0.45 Previously, the Company adjusted reported net income for the following items: (i) change in fair value in MSRs, net, and (ii) Gains (losses) from securities, OREO, MSRs, other assets, and other items. Beginning with the first quarter of 2018, the Company is only adjusting reported earnings for (i) merger and conversion costs, (ii) impact of tax reform (fourth quarter 2017); and (iii) other significant items impacting comparability between quarterly and annual periods including costs related to the secondary stock offering completed by our primary shareholder during the second quarter of Prior periods have been adjusted to conform to this presentation, see below for previously reported amounts: 2017 Previously reported core results* Fourth Third Second Core net income $ 18,677 $ 18,516 $ 12,919 Core diluted earnings per share $ 0.60 $ 0.60 $ 0.49 * Non-GAAP reconciliations of previously reported core results are included in previously issued earnings release supplements.

32 FB Financial Corporation Second 2018 Supplemental Financial Information Page 17 Non-GAAP Reconciliation For the s Ended (Unaudited) ( In Thousands, Except Share Data and % ) Core efficiency ratio (tax-equivalent basis) Second First Fourth Third Second Total noninterest expense $ 56,303 $ 56,151 $ 57,540 $ 69,224 $ 49,136 Less merger and offering-related expenses 671 1,193 2,069 15, Less loss on sale of mortgage servicing rights Core noninterest expense $ 55,632 $ 54,958 $ 55,471 $ 53,513 $ 48,120 Net interest income (tax-equivalent basis) 51,909 48,799 49,692 44,281 31,158 Total noninterest income 35,708 33,275 37,017 37,820 35,657 Less change in fair value on mortgage servicing rights (1,778) (1,713) (190) (893) (1,840) Less (loss) gain on sales or write-downs of other real estate owned and other assets (132) (118) (386) (314) 62 Less (loss) gain from securities, net (97) (47) Core noninterest income 37,715 35,153 37,592 38,773 37,406 Core revenue $ 89,624 $ 83,952 $ 87,284 $ 83,054 $ 68,564 Efficiency ratio (GAAP) (1) 64.5% 68.7% 66.9% 85.0% 74.4% Core efficiency ratio (tax-equivalent basis) 62.1% 65.5% 63.6% 64.4% 70.2% (1) Efficiency ratio (GAAP) is calculated by dividing reported noninterest expense by reported total revenue Banking segment core efficiency ratio (tax equivalent) Second First Fourth Third Second Core consolidated noninterest expense $ 55,632 $ 54,958 $ 55,471 $ 53,513 $ 48,120 Less Mortgage segment noninterest expense 19,582 18,910 20,117 19,757 19,802 Add loss on sale of mortgage servicing rights Adjusted Banking segment noninterest expense 36,050 36,048 35,354 33,756 28,567 Adjusted core revenue 89,624 83,952 87,284 83,054 68,564 Less Mortgage segment noninterest income 21,650 20,363 23,825 23,836 23,121 Less change in fair value on mortgage servicing rights (1,778) (1,713) (190) (893) (1,840) Adjusted Banking segment total revenue $ 69,752 $ 65,302 $ 63,649 $ 60,111 $ 47,283 Banking segment core efficiency ratio (tax-equivalent basis) 51.7% 55.2% 55.5% 56.2% 60.4% Mortgage segment core efficiency ratio (tax equivalent) Consolidated Noninterest expense $ 56,303 $ 56,151 $ 57,540 $ 69,224 $ 49,136 Less loss on sale of mortgage servicing rights Less Banking segment noninterest expense 36,721 37,241 37,423 49,467 29,334 Adjusted Mortgage segment noninterest expense $ 19,582 $ 18,910 $ 20,117 $ 19,757 $ 19,553 Total noninterest income 35,708 33,275 37,017 37,820 35,657 Less Banking segment noninterest income 14,058 12,912 13,192 13,984 12,536 Less change in fair value on mortgage servicing rights (1,778) (1,713) (190) (893) (1,840) Adjusted Mortgage segment total revenue $ 23,428 $ 22,076 $ 24,015 $ 24,729 $ 24,961 Mortgage segment core efficiency ratio (tax-equivalent basis) 83.6% 85.7% 83.8% 79.9% 78.3% Mortgage contribution, adjusted Second First Fourth Third Second Mortgage segment pre-tax net contribution $ 1,916 $ 1,111 $ 3,269 $ 3,948 $ 3,747 Retail footprint: Mortgage banking income 6,894 6,108 6,455 7,498 7,118 Mortgage banking expenses 5,649 5,097 5,294 6,216 5,368 Retail footprint pre-tax net contribution 1,245 1,011 1,161 1,282 1,750 Total mortgage banking pre-tax net contribution $ 3,161 $ 2,122 $ 4,430 $ 5,230 $ 5,497 Pre-tax net income 29,859 25,236 27,504 12,990 17,813 % total mortgage banking pre-tax net contribution 10.6% 8.4% 16.1% 40.3% 30.9% Pre-tax net income, adjusted 30,530 26,429 29,573 28,701 18,580 % total mortgage banking pre-tax net contribution, adjusted 10.4% 8.0% 15.0% 18.2% 29.6% Tangible assets and equity Second First Fourth Third Second Tangible Assets Total assets $ 4,923,249 $ 4,725,416 $ 4,727,713 $ 4,581,943 $ 3,346,570 Less goodwill 137, , , ,910 46,867 Less intangibles, net 13,203 14,027 14,902 12,550 4,048 Tangible assets $ 4,772,856 $ 4,574,199 $ 4,575,621 $ 4,430,483 $ 3,295,655 Tangible Common Equity

33 Total shareholders' equity $ 630,959 $ 611,075 $ 596,729 $ 572,528 $ 509,517 Less goodwill 137, , , ,910 46,867 Less intangibles, net 13,203 14,027 14,902 12,550 4,048 Tangible common equity $ 480,566 $ 459,819 $ 444,637 $ 421,068 $ 458,602 Common shares outstanding 30,683,353 30,671,763 30,535,517 30,526,592 28,968,160 Book value per common share $ $ $ $ $ Tangible book value per common share $ $ $ $ $ Total shareholders' equity to total assets 12.8% 12.9% 12.6% 12.5% 15.2% Tangible common equity to tangible assets 10.1% 10.2% 9.7% 9.5% 13.9% Net income $ 22,065 $ 19,754 $ 23,018 $ 8,388 $ 11,239 Return on tangible common equity 18.4% 17.4% 20.5% 7.9% 9.8% Return on average tangible common equity Second First Fourth Third Second Total average shareholders' equity $ 615,950 $ 599,198 $ 578,856 $ 550,409 $ 398,805 Less average goodwill 137, , , ,220 46,839 Less average intangibles, net 13,615 14,465 13,726 9,983 4,124 Average tangible common equity $ 465,145 $ 447,544 $ 427,940 $ 432,206 $ 347,842 Net income $ 22,065 $ 19,754 $ 23,018 $ 8,388 $ 11,239 Return on average tangible common equity 19.0% 17.9% 21.3% 7.7% 13.0%

34 FB Financial Corporation Second 2018 Supplemental Financial Information Page 18 Non-GAAP Reconciliation For the s Ended (Unaudited) ( In Thousands, Except Share Data and % ) Return on average tangible common equity, adjusted Second First Fourth Third Second Average tangible common equity 465, , , , ,842 Net income, adjusted $ 22,736 $ 20,636 $ 18,265 $ 17,936 $ 11,705 Return on average tangible common equity, adjusted 19.6% 18.7% 16.9% 16.5% 13.5% Return on average assets and equity, adjusted Second First Fourth Third Second Net income $ 22,065 $ 19,754 $ 23,018 $ 8,388 $ 11,239 Average assets 4,763,991 4,678,494 4,664,669 4,162,478 3,224,783 Average equity 615, , , , ,805 Return on average assets 1.86% 1.71% 1.96% 0.80% 1.40% Return on average equity 14.4% 13.4% 15.8% 6.1% 11.3% Net income, adjusted 22,736 20,636 18,265 17,936 11,705 Return on average assets, adjusted 1.91% 1.79% 1.55% 1.71% 1.46% Return on average equity, adjusted 14.8% 14.0% 12.5% 12.9% 11.8% 2017 Previously reported core metrics* Fourth Third Second Core return on average tangible common equity 17.4% 17.0% 14.9% Core return on average assets 1.59% 1.76% 1.61% Core return on average equity 12.8% 13.3% 13.0% Core total revenue $ 86,575 $ 82,383 $ 67,833 * Non-GAAP reconciliations of previously reported core results are included in previously issued earnings release supplements.

35 Second 2018 Earnings Presentation July 24, 2018 Exhibit 99.3

36 Certain statements contained in this presentation are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, without limitation, statements relating to the Company s business, cash flows, condition (financial or otherwise), credit quality, financial performance, liquidity, short and long-term performance goals, prospects, results of operations, strategic initiatives and the timing, benefits, costs and synergies of future acquisition, disposition and other growth opportunities. These statements, which are based upon certain assumptions and estimates and describe the Company s future plans, results, strategies and expectations, can generally be identified by the use of the words and phrases may, will, should, could, would, goal, plan, potential, estimate, project, believe, intend, anticipate, expect, target, aim, predict, continue, seek, projection and other variations of such words and phrases and similar expressions. These forward-looking statements are not historical facts, and are based upon current expectations, estimates and projections about the Company s industry, management s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond the Company s control. The inclusion of these forward-looking statements should not be regarded as a representation by the Company or any other person that such expectations, estimates and projections will be achieved. Accordingly, the Company cautions investors that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict and that are beyond the Company s control. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date of this presentation, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this presentation including, without limitation, the risks and other factors set forth in the Company s Annual Report on Form 10-K for the year ended December 31, 2017, filed with the SEC on March 16, 2018 under the captions Cautionary note regarding forward-looking statements and Risk factors. Many of these factors are beyond the Company s ability to control or predict. If one or more events related to these or other risks or uncertainties materialize, or if the Company s underlying assumptions prove to be incorrect, actual results may differ materially from the forward-looking statements. Accordingly, investors should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date of this presentation, and the Company does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. Forward looking statements

37 Use of non-gaap financial measures This presentation contains certain financial measures that are not measures recognized under U.S. generally accepted accounting principles ( GAAP ) and therefore are considered non-gaap financial measures. These non GAAP financial measures include, without limitation, adjusted net income, adjusted diluted earnings per share, core net income, core diluted earnings per share, adjusted pro forma net income, adjusted pro forma diluted earnings per share, pro forma core net income, pro forma core diluted earnings per share, core noninterest expense, core noninterest income, core efficiency ratio (tax-equivalent basis), banking segment core efficiency ratio (tax-equivalent basis), mortgage segment core efficiency ratio (tax-efficiency basis), adjusted mortgage contribution, adjusted return on average assets and equity, core return on average assets and equity and core total revenue. Each of these non-gaap metrics excludes certain income and expense items that the Company s management considers to be non core/adjusted in nature. The Company refers to these non GAAP measures as adjusted or core measures. The corresponding Earnings Release also presents tangible assets, tangible common equity, tangible book value per common share, tangible common equity to tangible assets, return on tangible common equity, return on average tangible common equity, adjusted return on average assets, adjusted return on average equity, core return on average tangible common equity, adjusted return on average tangible common equity, pro forma return on average assets and equity, pro forma adjusted return on average assets and equity and pro forma core return on average assets and equity. Each of these non-gaap metrics excludes the impact of goodwill and other intangibles.the Company s management uses these non-gaap financial measures in their analysis of the Company s performance, financial condition and the efficiency of its operations as management believes such measures facilitate period-to-period comparisons and provide meaningful indications of its operating performance as they eliminate both gains and charges that management views as non-recurring or not indicative of operating performance. Management believes that these non-gaap financial measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods as well as demonstrating the effects of significant non-core gains and charges in the current and prior periods. The Company s management also believes that investors find these non-gaap financial measures useful as they assist investors in understanding the Company s underlying operating performance and in the analysis of ongoing operating trends. In addition, because intangible assets such as goodwill and other intangibles, and the other items excluded each vary extensively from company to company, the Company believes that the presentation of this information allows investors to more easily compare the Company s results to the results of other companies. However, the non-gaap financial measures discussed herein should not be considered in isolation or as a substitute for the most directly comparable or other financial measures calculated in accordance with GAAP. Moreover, the manner in which the Company calculates the non-gaap financial measures discussed herein may differ from that of other companies reporting measures with similar names. You should understand how such other banking organizations calculate their financial measures similar or with names similar to the non-gaap financial measures the Company has discussed herein when comparing such non-gaap financial measures. The following tables provide a reconciliation of these measures to the most directly comparable GAAP financial measures.

38 Three months endedjune 30, 2018 Non-GAAP adjusted results1 Reported GAAP results Diluted earnings per share $0.72 $0.70 Net income ($million) $22.7 $22.1 Net interest margin 4.81% 4.81% Return on average assets 1.91% 1.86% Return on average equity 14.8% 14.4% Return on average tangible common equity 19.6% 19.0% Efficiency ratio 62.1% 64.5% 2Q 2018 highlights Key highlights Financial results 1 Adjusted results are non-gaap financial measures that adjust GAAP reported net income and other metrics for certain income and expense items as outlined in the non-gaap reconciliation calculations, using a combined marginal income tax rate of 26.06% excluding one-time items. See Use of non-gaap financial measures and the Appendix hereto.2 Includes accretion from acquired / purchased loans and collection of interest income on nonaccrual loans, which contributed 20 basis points to net interest margin. Adjusted diluted EPS of $0.721, resulting in adjusted ROAA of 1.91%1Loans (HFI) grew to $3.4 billion, a 73.3% increase from 2Q 2017; grew 21.1% annualized from 1Q 2018Customer deposits grew to $3.8 billion, a 41.0% increase from 2Q 2017; grew 17.3% annualized from 1Q 2018Continued customer-focused balance sheet growth resulting in a net interest margin of 4.81% for 2Q 2018, compared to 4.64% for 1Q 2018Continuing to gain positive operating leverage, Banking Segment core efficiency ratio improved to 51.7%1 in 2Q 2018, down 874 basis points from 2Q 2017Mortgage banking income of $28.5 million, a 5.6% decrease from 2Q 2017, driven by lower interest rate lock commitment (IRLC) volume of $2.0 billion for the quarter, down 8.4% from 2Q 2017Completed $151.8 million follow-on secondary offering on May 31,

39 4 0.91% 1.21% 1.46% 1.52% 1.85% YTD % 0.29% 0.32% 0.30% 0.26% 2Q17 3Q17 4Q17 1Q18 2Q % 4.61% 4.63% 4.64% 4.81% 2Q17 3Q17 4Q17 1Q18 2Q18 Consistently delivering balanced profitability and growth Drivers of profitability Pro forma return on average assets, adjusted1 Net interest margin $36 $38 $37 $33 $36 2Q17 3Q17 4Q17 1Q18 2Q18 Noninterest income ($mn) 88% 96% 101% 97% 97% 72% 84% 86% 86% 87% 16% 12% 15% 11% 10% 2Q17 3Q17 4Q17 1Q18 2Q18 Loans excluding HFS Loans HFS Loans / deposits 1Our pro forma net income includes a pro forma provision for federal income taxes using a combined effective income tax rate of 35.63%, 35.08% and 36.75% for the years ended December 31, 2014, 2015 and 2016, respectively, and also includes the exclusion of a one-time tax charge from C Corp conversion in 3Q 2016 and the 4Q 2017 benefit from the 2017 Tax Cuts and Jobs Act. The years ended December , 2015, 2016 and 2017 are annual percentages. NPLs (HFI) / loans (HFI) (%)

40 5 Peer-leading net interest margin remains strong Historical yield and costs 1Includes tax-equivalent adjustment NIM (%) 4.19% 4.61% 4.63% 4.64% 4.81% Impact of accretion and nonaccrual interest collections (bps) Deposit cost (%) 0.34% 0.46% 0.50% 0.55% 0.62% Loan (HFI) yield 2Q17 1Q18 2Q18 Contractual interest rate on loans HFI1 4.63% 5.28% 5.37% Origination and other loan fee income 0.30% 0.37% 0.46% 4.93% 5.65% 5.83% Nonaccrual interest collections 0.07% 0.05% 0.03% Accretion on purchased loans 0.17% 0.21% 0.23% Syndication fee income 0.02% 0.01% 0.03% Total loan yield (HFI) 5.19% 5.92% 6.12% Average interest earning assets Yield on loans Cost of deposits NIM $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5, % 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 2Q17 3Q17 4Q17 1Q18 2Q18 Avg. interest earning assets ($mm) Yields and Costs (%)

41 6 Total HFI loans: $1,240 million 1-4 family19% 1-4 family HELOC13% Multifamily3% C&D8% CRE14% C&I38% Other5% 1-4 family15% 1-4 family HELOC6% Multifamily2% C&D15% CRE17% C&I39% Other6% Consistent loan growth and balanced portfolio Total loan growth 1 ($million) and commercial real estate concentration Loan portfolio breakdown 4Q12 2Q18 Total HFI loans: $3,416 million 1Exclude HFS loans, C&I includes owner-occupied CRE 2Risk-based capital at First Bank as defined in Call Report. 2Q 2018 calculation is preliminary and subject to change. 3Excludes owner-occupied CRE $1,971 $3,115 $3,167 $3,245 $3,416 2Q17 3Q17 4Q17 1Q18 2Q18 Commercial real estate (CRE) concentrations2 % of Risk-Based Capital 1Q18 2Q18 (preliminary) C&D loans subject to 100% risk-based capital threshold3 98% 105% Total CRE loans subject to 300% risk-based capital threshold3 229% 239%

42 7 Stable, low cost core deposit franchise 26.2% 24.9% 24.2% 24.7% 24.8% 0.34% 0.46% 0.50% 0.55% 0.62% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 2Q17 3Q17 4Q17 1Q18 2Q18 Noninterest bearing (%) Cost of total deposits (%) $715 $925 $888 $931 $971 2Q17 3Q17 4Q17 1Q18 2Q18 $2,726 $3,614 $3,578 $3,685 $3,844 $2 $104 $86 $81 $66 $2,728 $3,718 $3,664 $3,766 $3,910 2Q17 3Q17 4Q17 1Q18 2Q18 Customer deposits Brokered and internet time deposits Total deposits ($million) 1Includes mortgage servicing-related escrow deposits of$49.9million, $56.8 million, $53.7, $74.1 million and $88.4 million for the quarters ended June 30, 2017, September 30, 2017, December 31, 2017, March 31, 2018 and June 30, 2018 respectively. Noninterest bearing deposits ($million)1 Deposit composition Cost of deposits Noninterest-bearing25% Interest-bearing checking23% Money market28% Savings5% Time19% 48% Checking accounts

43 8 Mortgage operations overview 2Q 2018 Mortgage Segment pre-tax contribution of $1.9 million. Total mortgage pre-tax contribution (including retail footprint) of $3.2 million, 10.4% of adjusted consolidated pre-tax income, down from 29.6% in 2Q 2017 Mortgage banking income $28.5 million, down 5.6% from 2Q 2017, up 7.8% from 1Q 2018 Expect to sell $3.3 billion of loans serviced during the 3rdquarter with no material gain Including the impact of MSR sales, we expect total mortgage pre-tax contribution (including retail footprint) to be $5-$7 million in 3Q & 4Q 2018 compared to the pre-tax contribution in 3Q & 4Q 2017 of $9.7 million Highlights Gain on Sale Total pre-tax contribution, adjusted2(%) Mortgage production Consumer Direct Correspondent Third party originated Retail Retail footprint Total Mortgage (including retail footprint) Banking (excluding retail footprint) 10.4% 89.6% 2Q18 1Q18 2Q17 1Q18 2Q18 Fair value changes Fair value MSR change Mortgage banking income ($mm) Servicing Revenue 2Q17 Total Income 2Q18 $2,158mm $2,129mm IRLC volume: $1,976mm IRLC pipeline1: $547mm $693mm $598mm Refinance %: 36% 42% 29% Purchase %: 64% 58% 71% 1As of the respective period end. 2See Use of non-gaap financial measures and the Appendix hereto. Mortgage banking income ($mm) $23.9 $23.5 $27.0 $5.4 ($0.1) ($2.3) $2.7 $4.8 $5.6 ($1.8) ($1.7) ($1.8) $30.2 $26.5 $28.5 impact total

44 9 Improving operating leverage Consolidated 2Q 2018 core efficiency ratio of 62.1% driven by Banking Segment core efficiency ratio of 51.7%, which has improved by 874 basis points since 2Q Q 2018 illustrates continued operating leverage achieved through organic growth, merger and ongoing cost efficiencies Total revenue at the consolidated level increased by more than twice the rate of total noninterest expense in 2Q 2018 as compared to 2Q 2017 Continued investment in revenue producers, IT systems and back office personnel to build upon scalable platform Continue to refine mortgage banking with operational efficiency improvements 60.4% 56.2% 55.5% 55.2% 51.7% 70.2% 64.4% 63.6% 65.5% 62.1% 78.3% 79.9% 83.8% 85.7% 83.6% 2Q17 3Q17 4Q17 1Q18 2Q18 Banking Segment Consolidated Mortgage Segment Core efficiency ratio (tax-equivalent basis)1 Improving operating efficiency 1 See Use of non-gaap financial measures and the Appendix hereto.

45 10 Asset quality remains strong 0.25% 0.15% (0.05%) 0.01% 0.11% 2Q17 3Q17 4Q17 1Q18 2Q % 0.75% 0.76% 0.75% 0.77% 2Q17 3Q17 4Q17 1Q18 2Q18 $38 $60 $55 $53 $58 $16 $92 $89 $86 $78 2Q17 3Q17 4Q17 1Q18 2Q18 Classified Purchased credit impaired 0.50% 0.29% 0.32% 0.30% 0.26% 0.58% 0.88% 1.52% 0.59% 0.52% 2Q17 3Q17 4Q17 1Q18 2Q18 NPLs (HFI) / loans (HFI) NPAs / assets Classified & PCI loans ($million) Net recoveries (charge-offs) / average loans Nonperforming ratios LLR / loans 1Includes acquired excess land and facilities for all periods subsequent to the acquisition of the Clayton Banks and GNMA rebooked loans for the third and fourth quarters of 2017 see page 8 of the ly Financial Supplement. 1

46 11 Common Equity Tier 1 Capital89% Trust Preferred6% Tier 2 ALLL5% Total capital1: $524.1 million Strong capital position for future growth 1 Total regulatory capital, FB Financial Corporation. 2Q 2018 calculation is preliminary and subject to change. 2 See Use of non-gaap financial measures and the Appendix hereto. Capital position Simple capital structure 2Q17 1Q18 2Q181 Shareholder s equity / Assets 15.2% 12.9% 12.8% TCE / TA2 13.9% 10.2% 10.1% Common equity tier 1 / Risk-weighted assets 17.2% 11.0% 10.7% Tier 1 capital / Risk-weighted assets 18.3% 11.8% 11.4% Total capital / Risk-weighted assets 19.1% 12.3% 12.0% Tier 1 capital / Average assets 15.5% 10.7% 10.9% Tangible book value per share $11.56 $11.58 $14.99 $ Q16 4Q16 1Q18 2Q18

47 Appendix 12

48 13 GAAP reconciliation and use of non-gaap financial measures Net income, adjusted Net income, adjusted Second First Fourth Third Second Pre-tax net income $ 29,859 $ 25,236 $ 27,504 $ 12,990 $ 17,813 Plus merger and offering-related expenses671 1,193 2,069 15, Less signficant gains (losses) on securities, other real estate owned and other items Pre-tax net income, adjusted30,530$ 26,429$ 29,573$ 28,701$ 18,580$ Income tax expense, adjusted7,794 5,793 11,308 10,765 6,875 Net income, adjusted22,736$ 20,636$ 18,265$ 17,936$ 11,705$ Weighted average common shares outstanding fully diluted31,294,044 31,421,830 31,166,080 30,604,537 26,301,458 Earnings per share, adjusted Diluted earning per share0.70$ 0.63$ 0.74$ 0.27$ 0.43$ Plus merger and offering-related expenses Less signficant gains (losses) on securities, other real estate owned and other items Tax effect - (0.01) (0.22) (0.20) (0.01) Diluted earnings per share, adjusted0.72$ 0.66$ 0.59$ 0.58$ 0.45$ Previously reported core results*fourth Third Second First Core net income 18,677$ 18,516$ 12,919$ 10,284$ Core diluted earnings per share0.60$ 0.60$ 0.49$ 0.42$ * Non-GAAP reconciliations of previously reported core results are included in previously issued earnings release supplements previously, the Company adjusted reported net income for the following items: (i) change in fair value in MSRs, net, and (ii) Gains (losses) from securities, OREO, MSRs, other assets, and other items. Beginning with the first quarter of 2018, the Company is only adjusting reported earnings for (i) merger and conversion costs, (ii) impact of tax reform (fourth quarter 2017); and (iii) other significant items impacting comparability between quarterly and annual periods including costs related to the secondary stock offering completed by our primary shareholder during the second quarter of Prior periods have been adjusted to conform to this presentation, see below for previously reported amounts: 2017

49 14 GAAP reconciliation and use of non-gaap financial measures Pro forma net income, adjusted Pro forma net income, adjusted YTD Pre-tax net income $ 55,095 $ 73,485 $ 62,324 $ 50,824 $ 34,731 Plus merger and offering-related expenses1,864 19,034 3,268 3,543 - Less signficant gains (losses) on securities, other real estate owned and other items- - (3,539) 4,638 2,000 Pre tax net income, adjusted 56,959$ 92,519$ 69,131$ 49,729$ 32,731$ Pro forma income tax expense, adjusted13,587 34,749 25,404 18,425 11,662 Pro forma net income, adjusted 43,372$ 57,770$ 43,727$ 31,304$ 21,069$ Weighted average common shares outstanding fully diluted31,275,846 28,207,602 19,312,174 17,180,000 17,180,000 Pro forma diluted earnings per share, adjusted Diluted earning per share1.33$ 1.86$ 2.10$ 2.79$ 1.89$ Plus merger and offering-related expenses Less signficant gains (losses) on securities, other real estate owned and other items- - (0.18) Tax effect (0.01) (0.48) (0.19) (0.91) (0.54) Pro forma diluted earnings per share, adjusted1.38$ 2.05$ 2.26$ 1.82$ 1.23$ Previously reported pro forma core results* pro forma core net income 60,396$ 46,120$ 34,577$ 22,872$ Pro forma core diluted earnings per share2.14$ 2.39$ 2.01$ 1.33$ * Non-GAAP reconciliations of previously reported core results are included in previously issued earnings release supplements.

50 15 GAAP reconciliation and use of non-gaap financial measures Tax-equivalent efficiency ratio Core efficiency ratio (tax-equivalent basis)second First Fourth Third Second Total noninterest expense56,303$ 56,151$ 57,540$ 69,224$ 49,136$ Less variable compensation charge related to cash settled equity awards Less merger and offering-related expenses671 1,193 2,069 15, Less loss on sale of mortgage servicing rights Core noninterest expense55,632$ 54,958$ 55,471$ 53,513$ 48,120$ Net interest income (tax-equivalent basis)51,909 48,799 49,692 44,281 31,158 Total noninterest income35,708 33,275 37,017 37,820 35,657 Less change in fair value on mortgage servicing rights(1,778) (1,713) (190) (893) (1,840) Less gain on sales or write-downs of other real estate owned and other assets(132) (118) (386) (314) 62 Less gain from securities, net(97) (47) Core noninterest income37,715 35,153 37,592 38,773 37,406 Core revenue89,624$ 83,952$ 87,284$ 83,054$ 68,564$ Efficiency ratio (GAAP)(1)64.5%68.7%66.9%85.0%74.4%Core efficiency ratio (tax-equivalent basis)62.1%65.5%63.6%64.4%70.2% (1) Efficiency ratio (GAAP) is calculated by dividing non-interest expense by total revenue

51 16 GAAP reconciliation and use of non-gaap financial measures Segment tax-equivalent efficiency ratio Banking segment core efficiency ratio (tax equivalent)second First Fourth Third Second Core consolidated noninterest expense55,632$ 54,958$ 55,471$ 53,513$ 48,120$ Less Mortgage segment noninterest expense19,582 18,910 20,117 19,757 19,802 Add loss on sale of mortgage servicing rights Adjusted Banking segment noninterest expense36,050 36,048 35,354 33,756 28,567 Adjusted core revenue89,624 83,952 87,284 83,054 68,564 Less Mortgage segment noninterest income 21,650 20,363 23,825 23,836 23,121 Less change in fair value on mortgage servicing rights(1,778) (1,713) (190) (893) (1,840) Adjusted Banking segment total revenue69,752$ 65,302$ 63,649$ 60,111$ 47,283$ Banking segment core efficiency ratio (tax-equivalent basis)51.7%55.2%55.5%56.2%60.4%mortgage segment core efficiency ratio (tax equivalent)consolidated noninterest expense56,303$ 56,151$ 57,540$ 69,224$ 49,136$ Less loss on sale of mortgage servicing rights Less Banking segment noninterest expense36,721 37,241 37,423 49,467 29,334 Adjusted Mortgage segment noninterest expense19,582$ 18,910$ 20,117$ 19,757$ 19,553$ Total noninterest income35,708 33,275 37,017 37,820 35,657 Less Banking segment noninterest income 14,058 12,912 13,192 13,984 12,536 Less change in fair value on mortgage servicing rights(1,778) (1,713) (190) (893) (1,840) Adjusted Mortgage segment total revenue23,428$ 22,076$ 24,015$ 24,729$ 24,961$ Mortgage segment core efficiency ratio (tax-equivalent basis)83.6%85.7%83.8%79.9%78.3%

52 17 GAAP reconciliation and use of non-gaap financial measures Mortgage contribution, adjusted Mortgage contribution, adjusted Second First Fourth Third Second Mortgage segment pre-tax net contribution1,916$ 1,111$ 3,269$ 3,948$ 3,747$ Retail footprint: Mortgage banking income6,894 6,108 6,455 7,498 7,118 Mortgage banking expenses5,649 5,097 5,294 6,216 5,368 Retail footprint pre-tax net contribution 1,245 1,011 1,161 1,282 1,750 Total mortgage banking pre-tax net contribution3,161$ 2,122$ 4,430$ 5,230$ 5,497$ Pre-tax net income29,859 25,236 27,504 12,990 17,813 % total mortgage banking pre-tax net contribution10.6%8.4%16.1%40.3%30.9%pre-tax net income, adjusted30,530 26,429 29,573 28,701 18,580 % total mortgage banking pre-tax net contribution, adjusted10.4%8.0%15.0%18.2%29.6%

53 18 GAAP reconciliation and use of non-gaap financial measures Tangible assets and equity Return on average tangible equity Tangible assets and equity Second First Fourth Third Second Tangible Assets Total assets $ 4,923,249 $ 4,725,416 $ 4,727,713 $ 4,581,943 $ 3,346,570 Less goodwill 137, , , ,910 46,867 Less intangibles, net 13,203 14,027 14,902 12,550 4,048 Tangible assets $ 4,772,856 $ 4,574,199 $ 4,575,621 $ 4,430,483 $ 3,295,655 Tangible Common Equity Total shareholders' equity $ 630,959 $ 611,075 $ 596,729 $ 572,528 $ 509,517 Less goodwill 137, , , ,910 46,867 Less intangibles, net 13,203 14,027 14,902 12,550 4,048 Tangible common equity $ 480,566 $ 459,819 $ 444,637 $ 421,068 $ 458,602 Common shares outstanding 30,683,353 30,671,763 30,535,517 30,526,592 28,968,160 Book value per common share $ $ $ $ $ Tangible book value per common share $ $ $ $ $ Total shareholders' equity to total assets 12.8% 12.9% 12.6% 12.5% 15.2% Tangible common equity to tangible assets 10.1% 10.2% 9.7% 9.5% 13.9% Net income $ 22,065 $ 19,754 $ 23,018 $ 8,388 $ 11,239 Return on tangible common equity 18.4% 17.4% 20.5% 7.9% 9.8% Return on average tangible common equity Second First Fourth Third Second Total average shareholders' equity $ 615,950 $ 599,198 $ 578,856 $ 550,409 $ 398,805 Less average goodwill 137, , , ,220 46,839 Less intangibles, net 13,615 14,465 13,726 9,983 4,124 Average tangible common equity $ 465,145 $ 447,544 $ 427,940 $ 432,206 $ 347,842 Net income $ 22,065 $ 19,754 $ 23,018 $ 8,388 $ 11,239 Return on average tangible common equity 19.0% 17.9% 21.3% 7.7% 13.0%

54 19 GAAP reconciliation and use of non-gaap financial measures Return on average tangible equity, adjusted Return on average assets and equity, adjusted Return on average tangible equity, adjusted Second First Fourth Third Second Average tangible common equity 465, , , , ,842 Net income, adjusted $ 22,736 $ 20,636 $ 18,265 $ 17,936 $ 11,705 Return on average tangible equity, adjusted 19.6% 18.7% 16.9% 16.5% 13.5% Return on average assets and equity, adjusted Second First Fourth Third Second Net income $ 22,065 $ 19,754 $ 23,018 $ 8,388 $ 11,239 Average assets 4,763,991 4,678,494 4,664,669 4,162,478 3,224,783 Average equity 615, , , , ,805 Return on average assets 1.86% 1.71% 1.96% 0.80% 1.40% Return on average equity 14.4% 13.4% 15.8% 6.1% 11.3% Net income, adjusted 22,736 20,636 18,265 17,936 11,705 Return on average assets, adjusted 1.91% 1.79% 1.55% 1.71% 1.46% Return on average equity, adjusted 14.8% 14.0% 12.5% 12.9% 11.8% Previously reported core metrics* Fourth Third Second Core return on average tangible common equity 17.4% 17.0% 14.9% Core return on average assets 1.59% 1.76% 1.61% Core return on average equity 12.8% 13.3% 13.0% Core total revenue $ 86,575 $ 82,383 $ 67,833 * Non-GAAP reconciliations of previously reported core results are included in previously issued earnings release supplements