<SEC-DOCUMENT>0001157523-17-000996.txt : 20170406
<SEC-HEADER>0001157523-17-000996.hdr.sgml : 20170406
<ACCEPTANCE-DATETIME>20170406162056
ACCESSION NUMBER:		0001157523-17-000996
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170331
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170406
DATE AS OF CHANGE:		20170406

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FB Financial Corp
		CENTRAL INDEX KEY:			0001649749
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				621216058
		STATE OF INCORPORATION:			TN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37875
		FILM NUMBER:		17746230

	BUSINESS ADDRESS:	
		STREET 1:		211 COMMERCE STREET
		STREET 2:		SUITE 300
		CITY:			NASHVILLE
		STATE:			TN
		ZIP:			37201
		BUSINESS PHONE:		615-313-0080

	MAIL ADDRESS:	
		STREET 1:		211 COMMERCE STREET
		STREET 2:		SUITE 300
		CITY:			NASHVILLE
		STATE:			TN
		ZIP:			37201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	First South Bancorp, Inc.
		DATE OF NAME CHANGE:	20150731
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51537822.htm
<DESCRIPTION>FB FINANCIAL CORPORATION 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>Washington,
      D.C. 20549</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>FORM
      8-K</b></font><br><br><font style="font-size: 12pt"><b>CURRENT REPORT</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>Pursuant
      to Section 13 OR 15(d) of The Securities Exchange Act of 1934</b></font>
    </p>
    <p style="text-align: center">

    </p>
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    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
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        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; width: 50%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date of Report (Date of earliest event reported)
          </p>
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        <td valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-left: 0.0px; width: 50%; border-bottom-color: black; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            March 31, 2017
          </p>
        </td>
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    <p style="text-align: center">
      <br>

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          <p style="margin-top: 0px; margin-bottom: 0px">
            FB Financial Corporation
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Exact name of registrant as specified in its charter)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
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    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
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        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-left: 0.0px; width: 33%; border-bottom-color: black; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Tennessee
          </p>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px; width: 34%; border-bottom-color: black; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            001-37875
          </p>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px; width: 33%; border-bottom-color: black; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            62-1216058
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; width: 33%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            of incorporation)
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 34%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            File Number)
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 33%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-left: 0.0px; width: 50%; border-bottom-color: black; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            211 Commerce Street, Suite 300, Nashville, TN
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; width: 25%; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px; width: 25%; border-bottom-color: black; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            37201
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; width: 50%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td style="width: 25%">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 25%; text-align: center">
          <font style="font-family: Times New Roman; font-size: 10pt">(Zip
          Code)</font>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; width: 50%; text-align: left">
          Registrant&#8217;s telephone number, including area code
        </td>
        <td valign="top" style="border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px; width: 50%; border-bottom-color: black; text-align: left">
          (615) 564-1212
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
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          <p style="margin-top: 0px; margin-bottom: 0px">
            N/A
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Former name or former address, if changed since last report.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      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:
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 10%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>ITEM 5.02.</b>
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 90%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Departure of Directors or Certain Officers; Election of
            Directors; Appointment of Certain Officers; Compensatory
            Arrangements of Certain Officers.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-indent: 30.0px; text-align: justify">
      On March 31, 2017, the Board of Directors (the &#8220;Board&#8221;) of FB Financial
      Corporation (the &#8220;Company&#8221;) increased the size of the Board from seven
      directors to ten directors and elected J. Jonathan Ayers, James L. Exum
      and Emily J. Reynolds, three individuals currently serving on the board
      of directors of the Company&#8217;s wholly-owned banking subsidiary, to fill
      the resulting vacancies, effective April 1, 2017.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      Each of the new directors will receive the non-employee director
      compensation approved by the Compensation Committee and the Board from
      time to time.&#160;&#160;The Board has affirmatively determined that each of Mr.
      Exum and Ms. Reynolds qualify as an independent director as defined by
      the listing standards of the New York Stock Exchange and the Company&#8217;s
      corporate governance guidelines. At this time, the new directors have
      not been appointed to any committee of the Board.&#160;&#160;Mr. Jonathan Ayers
      and Ms. Reynolds were designated by Mr. James W. Ayers, our executive
      chairman and controlling shareholder, pursuant to that certain
      Shareholder&#8217;s Agreement, dated September 15, 2016, by and between the
      Company and Mr. James W. Ayers. Mr. Jonathan Ayers is the son of Mr.
      James W. Ayers.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      The Company is a party to an aircraft time sharing agreement with Hawker
      Aviation Services (&#8220;Hawker&#8221;), a company owned by Mr. James W. Ayers and
      Mr. J. Jonathan Ayers, pursuant to which the Company has the right to
      use, from time to time, an aircraft leased and operated by Hawker.
      Hawker bills the Company for its usage of the aircraft based on hours of
      use and certain operating costs. During the year ended December 31,
      2016, the Company paid Hawker $313,000 under the aviation timesharing
      agreement for the use of the aircraft.&#160;&#160;In addition, the Company leases
      office space from entities owned by Mr. James W. Ayers and Mr. J.
      Jonathan Ayers.&#160;&#160;The aggregate amount paid by the Company under these
      leases was $522,000 for the year ended December 31, 2016.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      Ruth Johnson also notified the Board of the Company that she intends to
      retire as a member of the Boards of Directors of the Company and
      FirstBank, effective on the date of the 2017 Annual Meeting. Upon Ms.
      Johnson&#8217;s retirement, the size of the Company Board will decrease from
      ten to nine.&#160;&#160;Ms. Johnson has served on the Board since 2013 and our
      bank board since 2004, and the Company is grateful for Ms. Johnson&#8217;s
      leadership and commitment to the success of the Company during her
      tenure as a director of the Company and FirstBank.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      The Company&#8217;s press release announcing the election of Mr. Ayers, Mr.
      Exum and Ms. Reynolds is filed herewith as Exhibit&#160;99.1 and is
      incorporated by reference herein.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 10%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>ITEM 9.01.</b>
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 90%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Financial Statements and Exhibits.</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="margin-left: 30.0px; white-space: nowrap">
      (d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits.
    </p>
    <p style="margin-left: 60.0px; white-space: nowrap">
      &#160;&#160;&#160;99.1&#160;&#160;&#160;&#160;&#160;Press Release issued by FB Financial Corporation, dated
      April 6, 2017.
    </p>
    <p style="text-indent: 30.0px; text-align: left">

    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u><font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font></u>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">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.</font>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; width: 3%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-left: 0.0px; width: 52%; border-bottom-color: black; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            FB Financial Corporation
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 3%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 52%; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Registrant)
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 5%; text-align: left">

        </td>
        <td style="width: 40%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 52%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 5%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date:
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 40%; text-align: left">
          April 6, 2017
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 3%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 52%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; width: 3%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-left: 0.0px; width: 52%; border-bottom-color: black; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ James R. Gordon
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 52%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            James R. Gordon
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 52%; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u>EXHIBIT INDEX </u>
    </p>
    <p>

    </p>
    <p style="white-space: nowrap">
      <u>Exhibit</u>&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Description</u>
    </p>
    <p>
      99.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Press Release issued by FB Financial
      Corporation, dated April 6, 2017
    </p>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51537822ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2017 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>FB
      Financial Corporation Expands Board of Directors</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>J.
      Jonathan Ayers, James L. Exum and Emily J. Reynolds Elected to Board of
      Directors</b></font>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      NASHVILLE, Tenn.--(BUSINESS WIRE)--April 6, 2017--FB Financial
      Corporation (NYSE: FBK) (&#8220;the Company&#8221;) announced today that the board
      of directors expanded the board to ten members from seven members. The
      Board elected J. Jonathan Ayers, James L. Exum and Emily J. Reynolds to
      fill the new board seats. Ayers, Exum and Reynolds currently serve on
      the board of directors of the Company&#8217;s wholly-owned banking subsidiary,
      FirstBank.
    </p>
    <p>
      &#8220;We are very pleased to expand our board of directors with the addition
      of Jon Ayers, Jim Exum and Emily Reynolds,&#8221; stated James W. Ayers,
      Executive Chairman of the Board of FB Financial. &#8220;They have served as
      directors of FirstBank and are very knowledgeable about our operations,
      management team and strategic growth plans. We look forward to their
      counsel as new board members of FB Financial.&#8221;
    </p>
    <p>
      J. Jonathan Ayers, age 45, is a private investor and entrepreneur. He
      currently serves as Executive Vice President of Ayers Asset Management,
      a family office, overseeing investments of the Ayers family. He also is
      founder and President of Ayers Real Estate Services, LLC, a company that
      focuses on commercial real estate investment and management. He
      co-founded Ayers Capital, LLC, a company that provides wealth management
      and investment advisory services to institutions and high net worth
      individuals. He has also served as a director of FirstBank since 2000.
      Ayers is the son of James W. Ayers.
    </p>
    <p>
      James L. Exum, age 75, has served in executive positions at Murray
      Guard, Inc., a privately-held security contractor since 1987. He
      currently serves as Murray Guard&#8217;s Executive Vice President Emeritus.
      Exum has served as a board member of FirstBank since 1999 and as a
      member of its audit committee. He has substantial civic leadership
      experience in the city of Jackson, TN, an important market for
      FirstBank. Exum currently serves on the boards of First Band and
      Carnegie Museum, is Chairman of Jackson Amphitheater, and a member of
      the Jackson Convention and Visitors Bureau and the City of Jackson
      Budget Committee.
    </p>
    <p>
      Emily J. Reynolds, age 60, has had an extensive career in public service
      and politics since 1980. She currently serves as the Vice-Chair of the
      Tennessee Board of Regents, a position she has held since July 2013, and
      also serves on the board and audit committee of BlueCross BlueShield of
      Tennessee. She previously served as Senior Vice President of Government
      Relations for the Tennessee Valley Authority from 2007 until 2013. Ms.
      Reynolds served as the 31<sup>st</sup> secretary of the U.S. Senate,
      worked as special assistant to U.S. Senate Majority Leader Howard Baker,
      Jr., served as the vice chairman and executive director of Governor Don
      Sundquist&#8217;s TennCare Roundtable and served as chief of staff and also
      state director for U.S. Senator Bill Frist of Tennessee. Reynolds has
      served as a director of FirstBank since 2012.
    </p>
    <p>
      The Company also announced that Ruth E. Johnson, a current board member
      of FB Financial, intends to retire from the board of directors of the
      Company and FirstBank effective on the date of the 2017 Annual Meeting.
      Upon Ms. Johnson&#8217;s departure, the board will decrease to nine members.
      Ms. Johnson has served on the Company&#8217;s board since 2013 and on the bank
      board since 2004.
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    <p>
      &#8220;We want to thank Ruth Johnson for her service as a board member of FB
      Financial and FirstBank,&#8221; continued Ayers. &#8220;She provided valuable
      counsel to the Board and the bank, and she also served as a chair of the
      audit committees of both institutions. We are grateful to her
      contributions during our significant growth and her leadership during
      our IPO process.&#8221;
    </p>
    <p>
      <b>ABOUT FB FINANCIAL CORPORATION</b>
    </p>
    <p>
      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 bank, with 45 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 over $3.2 billion in
      total assets.
    </p>
    <p>
      CONTACT:<br><b>MEDIA CONTACTS:</b><br>FirstBank<br>Jeanie M.
      Rittenberry, 615-313-8328<br><u>jrittenberry@firstbankonline.com</u><br><u>www.firstbankonline.com</u><br>or<br>McNeely
      Pigott &amp; Fox Public Relations<br>Roger Shirley, 615-259-4000<br><u>rshirley@mpf.com</u><br>or<br><b>FINANCIAL
      CONTACT:</b><br>FirstBank<br>James R. Gordon, 615-564-1212<br><u>jgordon@firstbankonline.com</u><br><u>investorrelations@firstbankonline.com</u>
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