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Minimum Capital Requirements | 6 Months Ended
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Jun. 30, 2017
Banking And Thrift [Abstract] |
Minimum capital requirements | Note (12)—Minimum capital requirements: Banks and bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations involve quantitative measures of assets, liabilities, and certain off-balance sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can initiate regulatory action. For June 30, 2017 and December 31, 2016 Interim Final Basel III rules require the Bank to maintain minimum amounts and ratios of common equity Tier I capital to risk-weighted assets. Additionally under Basel III rules, the decision was made to opt-out of including accumulated other comprehensive income in regulatory capital. As of June 30, 2017 and December 31, 2016, the Bank and Company met all capital adequacy requirements to which it is subject. Also, as of June 30, 2017, the most recent notification from the FDIC, the Bank was well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the Bank’s category. The table below includes new regulatory capital ratio requirements that became effective on January 1, 2015. Beginning in 2016, an additional conservation buffer was added to the minimum requirements for capital adequacy purposes, subject to a three year phase-in period. The capital conservative buffer will be fully phased in January 1, 2019 at 2.5 percent. Actual and required capital amounts and ratios are presented below at period-end:
|  | Actual |  |  | For capital adequacy purposes |  |  | Minimum Capital adequacy with capital buffer |  |  | To be well capitalized under prompt corrective action provisions |
|  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |
June 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FB Financial Corporation |  | $ | 516,889 |  |  |  | 19.14 | % |  | $ | 216,046 |  |  |  | 8.0 | % |  | $ | 249,803 |  |  |  | 9.25 | % |  | N/A |  |  | N/A |
FirstBank |  |  | 330,106 |  |  |  | 12.26 | % |  |  | 215,404 |  |  |  | 8.0 | % |  |  | 249,060 |  |  |  | 9.25 | % |  | $ | 269,254 |  |  |  | 10.0 | %
Tier 1 Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FB Financial Corporation |  | $ | 493,642 |  |  |  | 18.28 | % |  | $ | 162,027 |  |  |  | 6.0 | % |  | $ | 195,783 |  |  |  | 7.25 | % |  | N/A |  |  | N/A |
FirstBank |  |  | 306,859 |  |  |  | 11.40 | % |  |  | 161,505 |  |  |  | 6.0 | % |  |  | 195,152 |  |  |  | 7.25 | % |  | $ | 161,505 |  |  |  | 6.0 | %
Tier 1 Capital (to average assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FB Financial Corporation |  | $ | 493,642 |  |  |  | 15.54 | % |  | $ | 127,064 |  |  |  | 4.0 | % |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |
FirstBank |  |  | 306,859 |  |  |  | 9.67 | % |  |  | 126,932 |  |  |  | 4.0 | % |  | N/A |  |  | N/A |  |  | $ | 158,665 |  |  |  | 5.0 | %
Common Equity Tier 1 Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FB Financial Corporation |  | $ | 463,642 |  |  |  | 17.16 | % |  | $ | 121,584 |  |  |  | 4.5 | % |  | $ | 155,358 |  |  |  | 5.75 | % |  | N/A |  |  | N/A |
FirstBank |  |  | 306,859 |  |  |  | 11.40 | % |  |  | 121,129 |  |  |  | 4.5 | % |  |  | 154,775 |  |  |  | 5.75 | % |  | $ | 174,963 |  |  |  | 6.5 | %
|  | Actual |  |  | For capital adequacy purposes |  |  | Minimum Capital adequacy with capital buffer |  |  | To be well capitalized under prompt corrective action provisions |
|  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FB Financial Corporation |  | $ | 338,893 |  |  |  | 13.03 | % |  | $ | 208,069 |  |  |  | 8.0 | % |  | $ | 224,325 |  |  |  | 8.63 | % |  | N/A |  |  | N/A |
FirstBank |  |  | 304,018 |  |  |  | 11.72 | % |  |  | 207,521 |  |  |  | 8.0 | % |  |  | 223,733 |  |  |  | 8.63 | % |  | $ | 259,401 |  |  |  | 10.0 | %
Tier 1 Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FB Financial Corporation |  | $ | 317,146 |  |  |  | 12.19 | % |  | $ | 156,101 |  |  |  | 6.0 | % |  | $ | 172,362 |  |  |  | 6.63 | % |  | N/A |  |  | N/A |
FirstBank |  |  | 282,271 |  |  |  | 10.88 | % |  |  | 155,664 |  |  |  | 6.0 | % |  |  | 171,879 |  |  |  | 6.63 | % |  | $ | 155,664 |  |  |  | 6.0 | %
Tier 1 Capital (to average assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FB Financial Corporation |  | $ | 317,146 |  |  |  | 10.05 | % |  | $ | 126,227 |  |  |  | 4.0 | % |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |
FirstBank |  |  | 282,271 |  |  |  | 8.95 | % |  |  | 126,155 |  |  |  | 4.0 | % |  | N/A |  |  | N/A |  |  | $ | 157,693 |  |  |  | 5.0 | %
Common Equity Tier 1 Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FB Financial Corporation |  | $ | 287,146 |  |  |  | 11.04 | % |  | $ | 117,043 |  |  |  | 4.5 | % |  | $ | 133,299 |  |  |  | 5.13 | % |  | N/A |  |  | N/A |
FirstBank |  |  | 282,271 |  |  |  | 10.88 | % |  |  | 116,748 |  |  |  | 4.5 | % |  |  | 132,963 |  |  |  | 5.13 | % |  | $ | 168,636 |  |  |  | 6.5 | %

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- Definition The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958577-112826 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1C -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958572-112826 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1E -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958574-112826 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -URI http://asc.fasb.org/extlink&oid=35709795&loc=d3e65071-112826 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958569-112826 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958570-112826 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958575-112826 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958568-112826 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958573-112826 + Details
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