FB Financial Corporation Completes Merger With Franklin Financial Network, 公司.

田纳西州纳什维尔.–(BUSINESS WIRE)– FB Financial Corporation (NYSE: FBK) (“FB Financial”), parent company of 网上正规网投实体, 完成, 8月15日生效, 2020, its previously announced merger with Franklin Financial Network, 公司., parent company of Franklin Synergy Bank (collectively referred to as “Franklin”).

网上正规网投实体, the third-largest Tennessee-headquartered bank, now has approximately $11.1000亿的资产，7美元.6 billion in loans held for investment and $9.1 billion in deposits on a pro forma basis as of June 30, 2020, following the merger with Franklin.

The combination significantly enhances 网上正规网投实体’s operations in the Nashville MSA, specifically in the attractive Williamson and Rutherford counties where Franklin has a strong community presence. Pro forma for the transaction, 网上正规网投实体’s deposit market share is #6 in the Nashville MSA, #1 in Williamson County and #2 in Rutherford County.

FB Financial’s President and CEO Chris Holmes stated, “We are very excited to complete this transaction. We have joined forces with the leading community bank in two of the most attractive counties in the Southeast. We look forward to building on the strong customer relationships that Franklin has fostered.”

富兰克林的首席执行官J. 迈尔斯·琼斯, 3, 评论, “We believe that this transaction 好处 all of our stakeholders, and we firmly believe that we will be better together. Our focus will remain concentrated on our customers, and our ability to serve their needs will be stronger than ever.”

With the close of the transaction, James W. Cross IV, Melody J. 沙利文和吉米. Allen join the FB Financial board of directors.

此外,先生. Holmes 评论, “This transaction provides meaningful financial 好处 for our shareholders. We are now focused on the integration of the combined company; the combined franchise is well-positioned to build on our strong customer relationships and grow our Nashville area presence.”

J.P. Morgan Securities LLC served as financial advisor to FB Financial Corporation, 和中心, 利普顿, 罗森 & Katz served as legal advisor. Evercore served as financial advisor to Franklin Financial Network, 公司.和阿尔斯通 & Bird LLP served as legal advisor.

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, 网上正规网投实体, the third largest Tennessee-headquartered bank, with 87 full-service bank branches across Tennessee, 肯塔基中南部, North Alabama and North Georgia and a national mortgage business with offices across the Southeast. 网上正规网投实体 serves five of the largest metropolitan markets in Tennessee and has approximately $11.1000亿资产.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, 修订的, and Section 21E of the Securities Exchange Act of 1934, 修订的. These forward-looking statements include, 但不限于, statements relating to the timing, 好处, 成本, and synergies of the merger with Franklin Financial Network, 公司. (“Franklin”) (the “Franklin merger”), and FB Financial’s future plans, 结果, 策略, 和期望. These statements can generally be identified by the use of the words and phrases “may,”“会,”“应该,”“可以,”“会,“”的目标,”“计划,”“潜在,”“估计,”“项目,”“相信,”“意愿,”“预测,”“希望,”“目标,“”的目标,”“预测,”“继续,”“找,”“投影,” 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, 估计, 和预测, 其中很多, 就其本质而言, are inherently uncertain and beyond FB Financial’s control. The inclusion of these forward-looking statements should not be regarded as a representation by FB Financial or any other person that such expectations, 估计, 和预测 will be achieved. 相应的, FB Financial cautions shareholders and investors that any such forward-looking statements are not guarantees of future performance and are subject to risks, 假设, and uncertainties that are difficult to predict. Actual 结果 may prove to be materially different from the 结果 expressed or implied by the forward-looking statements. A number of factors could cause actual 结果 to differ materially from those contemplated by the forward-looking statements including, 但不限于, (1) current and future 经济 conditions, including the effects of declines in housing and commercial real estate prices, 高失业率, and any slowdown in 经济 growth in the local or regional economies in which we operate and/or the US economy generally, (2) the effects of the COVID-19 pandemic, including the magnitude and duration of the pandemic and its impact on general 经济 and financial market conditions and on our business and our customers’ business, 操作结果, asset quality and financial condition, (3) changes in government interest rate policies, (4) our ability to effectively manage problem credits, (5) the risk that the cost savings and any revenue synergies from the Franklin merger or another acquisition may not be realized or may take longer than anticipated to be realized, (6) disruption from the Franklin merger with customer, 供应商, or employee relationships, (7) the possibility that the 成本, 费用, 费用, and charges related to the Franklin merger may be greater than anticipated, including as a result of unexpected or unknown factors, 事件, 或负债, (8) the risks related to the integrations of the combined businesses following the merger, including the risk that the integration will be materially delayed or will be more costly or difficult than expected, (9) the diversion of management time on issues related to the Franklin merger, (10) the ability of FB Financial to effectively manage the larger and more complex operations of the combined company following the Franklin merger, (11) the risks associated with FB Financial’s pursuit of future acquisitions, (12) reputational risk and the reaction of the parties’ respective customers to the Franklin merger, (13) FB Financial’s ability to successfully execute its various business 策略, including its ability to execute on potential acquisition opportunities, (14) the risk of potential litigation or regulatory action related to the Franklin merger, and (15) general competitive, 经济, 政治, 以及市场状况. Further information regarding FB Financial and factors which could affect the forward-looking statements contained herein can be found in FB Financial’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, FB Financial’s quarterly reports on Form 10-Q, and its other filings with the Securities and Exchange Commission. Many of these factors are beyond FB Financial’s ability to control or predict. If one or more 事件 related to these or other risks or uncertainties materialize, or if the underlying 假设 prove to be incorrect, actual 结果 may differ materially from the forward-looking statements. 相应的, shareholders and investors should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date of this press release, and FB Financial undertakes no 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 FB Financial to predict their occurrence or how they will affect the company. FB Financial qualifies all forward-looking statements by these cautionary statements.

查看源版本 businesswire.com: http://www.businesswire.com/news/home/20200817005146/en/

媒体联络:
珍妮米. Rittenberry
615-313-8328
jrittenberry@thedeckdocktor.com
i8v.thedeckdocktor.com

财务联系人:
罗伯特Hoehn
615-564-1212
rhoehn@thedeckdocktor.com
investorrelations@thedeckdocktor.com

Source: FB Financial Corporation