FB Financial Corporation announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported total interest income of $55,031,000 against $31,567,000 a year ago. Net interest income was $48,983,000 against $29,032,000 a year ago. Net income before income taxes was $27,504,000 against $13,797,000 a year ago. Net income was $23,018,000 or $0.74 per diluted share against $9,010,000 or $0.37 per diluted share a year ago. Core net income was $18,677,000 or $0.60 per diluted share against $10,484,000 or $0.43 per diluted share a year ago. Book value was $19.54 against $13.71 a year ago. Tangible book value was $14.56 against $11.58 a year ago. Return on average assets was 1.96% against 1.12% a year ago. Return on average tangible common equity was 21.38% against 13.4% a year ago. Return on average shareholders' equity was 15.78% against 11.24% a year ago. Pre-tax core net income was $30,148,000 against $16,223,000 a year ago. Return on tangible common equity was 20.54% against 12.84% a year ago. Core return on average tangible common equity was 17.35% against 15.60% a year ago. Core total revenue was $86,575,000 against $60,713,000 a year ago. Core return on average assets was 1.59% against 1.30% a year ago. Core return on average equity was 12.80% against 13.08% a year ago.

For the year, the company reported total interest income of $169,613,000 against $120,494,000 a year ago. Net interest income was $153,271,000 against $110,950,000 a year ago. Total revenue was $294,852,000 against $255,635,000 a year ago. Net income before income taxes was $73,485,000 against $62,324,000 a year ago. Net income was $52,398,000 against $40,591,000 a year ago. Diluted earnings per share were $1.86 against $2.10 a year ago. Pro forma (C-Corporation basis) net income was $52,398,000 or $1.86 per diluted share against $39,422,000 or $2.04 per diluted share a year ago. Pre-tax core net income was $96,432,000 against $73,345,000 a year ago. Pro forma core net income was $60,396,000 against $46,120,000 a year ago. Pro forma core diluted earnings per share were $2.14 against $2.39 a year ago.

For the quarter, the company reported net charge offs of $397,000 against $791,000 a year ago.