1st franklin financial corporation (FFC)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash, Cash Equivalents, and Short-term Investments
Cash and Due From Banks

-

-

-

-

4,123

-

-

-

3,333

-

-

-

5,772

-

-

-

5,531

-

-

-

-

-

-

-

-

-

-

-

-

25,559

30,501

40,806

-

-

-

3,635

Cash and Due From Banks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,524

-

-

-

26,399

-

-

-

28,186

-

-

-

16,351

-

-

30,701

Short-term Investments

-

-

-

-

6,156

-

-

-

27,232

-

-

-

52,668

-

-

-

45,917

-

-

-

13,202

-

-

-

25,336

-

-

-

26,039

-

-

-

7,221

-

-

27,065

Cash and Cash Equivalents

55,419

51,934

41,517

10,393

10,279

9,542

23,879

36,994

30,565

53,755

71,590

73,959

58,440

70,864

80,644

79,366

51,449

50,001

54,466

50,925

14,726

28,411

36,426

58,883

1,063

47,177

47,506

54,488

2,146

-

-

-

9,130

31,970

33,001

-

Restricted Cash

3,863

6,524

7,996

10,414

3,746

1,600

4,389

4,735

4,677

2,927

2,136

3,160

2,671

1,596

2,663

6,805

9,335

2,010

1,655

2,310

1,073

841

784

1,586

974

3,108

3,612

4,906

4,676

4,426

4,860

4,474

5,568

4,480

4,036

3,778

LOANS:
Direct Cash Loans

719,276

737,254

694,085

639,652

651,085

593,749

559,896

533,826

540,380

478,089

452,458

441,519

474,557

462,772

449,619

460,658

494,836

467,637

444,281

436,699

471,195

438,713

424,032

413,005

445,754

411,416

397,153

380,522

408,691

389,431

372,058

356,414

376,568

350,999

344,199

347,445

Real Estate Loans

38,829

37,255

36,017

32,675

31,655

30,478

29,104

27,837

27,117

26,226

25,367

24,435

24,609

24,081

22,811

22,495

22,128

22,425

21,694

20,217

20,271

20,187

19,903

19,950

20,329

20,466

20,359

20,204

20,658

21,502

21,714

21,675

22,123

22,792

22,308

22,967

Sales Finance Contracts

80,197

70,019

69,209

54,378

50,693

47,860

42,774

35,643

34,314

32,620

31,445

29,642

30,961

31,773

31,236

29,496

30,071

29,829

27,856

24,115

23,906

23,525

23,201

22,015

22,269

22,056

21,334

19,961

20,982

21,067

21,286

20,070

19,764

19,840

20,988

21,694

Loans, Total

838,303

844,528

799,311

726,706

733,434

672,088

631,775

597,306

601,811

536,936

509,270

495,597

530,128

518,626

503,668

512,650

547,035

519,892

493,831

481,032

515,372

482,426

467,137

454,971

488,354

453,940

438,847

420,688

450,332

432,000

415,060

398,160

418,455

393,633

387,496

392,107

Unearned Finance Charges

116,525

118,748

109,893

97,060

98,377

86,502

79,999

73,363

74,439

63,082

57,984

54,232

60,850

57,788

56,760

58,021

65,699

60,568

57,762

55,851

63,079

57,705

55,785

53,258

59,649

53,065

50,685

46,991

53,036

-49,073

-47,411

-45,075

49,206

44,675

44,082

-45,811

Unearned Insurance Premiums and Commissions

54,110

57,620

52,676

48,137

49,949

44,448

41,665

37,595

39,212

34,503

33,667

32,522

37,593

36,521

36,201

35,570

41,446

38,567

38,317

33,236

35,331

32,830

32,865

31,020

34,596

31,053

30,721

28,179

31,713

-28,505

-28,489

-26,703

29,929

26,885

26,276

-27,211

Allowance for Loan Losses

58,974

53,000

48,500

43,500

43,000

41,500

41,000

42,500

42,500

43,000

47,000

48,500

48,500

41,000

36,200

34,500

33,500

31,000

28,620

28,620

28,620

27,676

25,876

24,680

24,680

23,810

22,810

22,010

22,010

21,360

21,360

-21,360

21,360

23,360

23,360

-24,110

Net Loans

608,692

615,160

588,241

538,008

542,107

499,637

469,110

443,847

445,659

396,350

370,618

360,342

383,184

383,317

374,505

384,557

406,390

389,757

369,132

363,324

388,340

364,214

352,609

346,011

369,426

346,011

334,630

323,506

343,573

333,062

317,799

305,021

317,959

298,712

293,777

294,974

INVESTMENT SECURITIES:
Available for Sale, at fair value

209,075

204,457

209,876

218,106

212,199

203,674

202,468

204,067

204,568

198,630

191,401

183,142

167,190

173,466

165,362

150,714

143,862

135,625

127,917

131,885

132,847

130,793

122,200

112,762

106,061

100,153

93,737

93,952

91,053

87,769

82,507

74,610

70,882

64,206

57,510

66,310

Held to Maturity, at amortized cost

380

380

380

381

787

1,824

1,828

3,294

5,010

5,555

8,977

9,010

12,003

12,058

14,308

16,614

17,058

17,111

17,172

20,328

22,762

22,843

25,550

27,765

29,777

31,063

32,660

32,785

33,237

34,076

34,570

35,188

36,780

36,904

37,877

11,890

Marketable Debt Securities, Total

-

-

-

-

212,987

-

-

-

209,578

-

-

-

179,194

-

179,670

167,329

160,920

152,736

145,089

152,213

155,609

153,637

147,751

140,528

135,839

131,217

126,397

126,738

124,290

121,846

117,078

109,799

107,662

-

-

78,201

Other Investments and Securities, at Cost

209,456

204,838

210,257

218,488

-

205,498

204,296

207,362

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

EQUITY METHOD INVESTMENTS

-

-

-

-

-

-

-

-

-

26,940

26,347

26,438

26,201

25,598

25,130

24,741

24,989

25,498

26,245

26,185

26,059

26,320

25,974

10,499

10,211

-

-

-

-

-

-

-

-

-

-

-

Other Assets
Property, Plant and Equipment, Net

-

-

-

-

15,348

-

-

-

15,522

-

-

-

13,948

-

-

-

9,918

-

-

-

10,205

-

-

-

8,913

-

-

-

9,127

-

-

-

9,342

-

-

6,687

Operating Lease Right of Use Assets

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Acquisition Costs

-

-

-

-

2,998

-

-

-

2,279

-

-

-

2,226

-

-

-

2,483

-

-

-

2,028

-

-

-

1,986

-

-

-

1,821

-

-

-

1,718

-

-

1,563

Due from Non-affiliated Insurance Company

-

-

-

-

2,823

-

-

-

2,179

-

-

-

1,668

-

-

-

2,886

-

-

-

2,102

-

-

-

2,566

-

-

-

2,368

-

-

-

2,246

-

-

1,903

Other Miscellaneous

-

-

-

-

6,075

-

-

-

7,771

-

-

-

6,448

-

-

-

6,040

-

-

-

5,441

-

-

-

5,442

-

-

-

4,244

-

-

-

4,036

-

-

-

Miscellaneous

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,253

Investment Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

101,110

95,387

-

Other Assets

58,696

60,722

57,094

55,823

27,246

23,993

25,848

22,960

27,754

26,002

26,888

24,158

24,291

22,887

23,250

18,635

21,328

29,147

29,654

22,246

19,778

18,687

18,743

16,470

18,909

17,327

18,035

16,008

17,561

16,898

17,734

15,577

17,342

16,445

15,126

14,407

ASSETS, Total

936,127

939,179

905,106

833,128

796,367

740,273

727,524

715,900

718,235

710,162

697,961

680,212

673,984

689,789

685,867

681,435

674,413

649,151

626,243

617,206

605,588

592,112

582,290

573,979

561,761

544,843

530,182

525,648

518,288

501,792

487,974

475,679

464,884

452,719

441,329

422,063

LIABILITIES AND STOCKHOLDERS' EQUITY
SENIOR DEBT:
Bank Borrowings

-

-

-

-

53,180

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note Payable to Banks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

900

Senior Demand Notes, including accrued interest

-

-

-

-

73,339

-

-

-

71,818

-

-

-

73,167

-

-

-

71,001

-

-

-

58,530

-

-

-

-

-

-

-

-

-

-

-

0

-

-

40,392

Commercial Paper

-

-

-

-

373,803

-

-

-

354,912

-

-

-

336,624

-

-

-

317,488

-

-

-

276,656

-

-

-

54,055

-

-

-

50,032

-

-

-

46,606

-

-

-

Commercial Paper

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

253,960

-

-

-

225,860

-

-

-

197,194

-

-

167,199

Senior Debt

594,842

591,091

559,263

504,982

500,322

450,946

441,956

437,005

426,731

426,709

423,931

413,983

409,791

406,742

401,083

397,572

388,489

368,620

353,500

346,991

335,186

328,811

321,827

317,890

308,015

299,983

291,532

283,971

275,893

267,094

261,846

254,907

243,801

238,475

229,807

208,492

ACCOUNTS PAYABLE AND ACCRUED EXPENSES
Operating Lease Liabilities

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Accounts Payable and Accrued Expenses

-

-

-

-

24,914

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts Payable and Accrued Liabilities, Current

-

-

-

-

24,914

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued Expenses and Other Liabilities

50,974

57,587

56,991

48,199

-

20,506

17,692

15,065

25,920

21,860

17,873

16,750

17,606

21,373

20,912

19,599

25,430

24,357

20,008

16,803

24,228

21,825

17,699

15,276

21,014

19,580

16,778

15,798

22,943

19,409

16,969

14,275

20,628

17,621

16,328

21,081

Subordinated Debt

28,705

29,005

28,474

28,801

30,270

31,450

31,545

33,016

33,487

33,431

34,068

34,245

34,847

34,981

35,718

35,772

36,004

36,504

36,686

37,348

37,726

38,538

39,209

39,936

40,378

40,744

42,214

42,735

42,917

43,503

43,302

43,627

46,870

48,999

52,876

59,779

LIABILITIES, Total

674,523

677,683

644,730

581,982

555,507

502,903

491,195

485,087

486,139

482,001

475,873

464,979

462,246

463,097

457,715

452,944

449,923

429,483

410,194

401,142

397,140

389,175

378,735

373,102

369,408

360,308

350,525

342,505

341,754

330,007

322,118

312,809

311,299

305,096

299,013

289,353

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

0

0

0

0

0

0

-

STOCKHOLDERS' EQUITY:
Preferred Stock, Value, Issued

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

0

0

-

-

0

-

-

-

-

-

-

0

-

-

0

-

Common Stock, Value, Issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

170

170

-

170

170

170

170

-

170

170

-

170

170

170

-

170

170

170

170

170

170

170

Non-Voting Shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Accumulated Other Comprehensive Income

10,092

9,614

10,020

5,507

-391

-3,723

-40

390

4,596

2,639

2,203

-376

-1,002

5,699

7,336

4,941

4,142

2,818

1,154

3,501

3,663

2,664

1,678

-113

-2,472

-1,919

-1,820

1,377

2,098

2,388

2,211

2,152

2,136

2,016

1,951

1,550

Retained Earnings

251,342

251,711

250,185

245,468

241,082

240,923

236,198

230,252

227,329

225,352

219,715

215,439

212,570

220,823

220,645

223,379

220,177

216,679

214,723

212,392

204,613

200,102

201,706

200,819

194,655

186,285

181,307

181,595

174,265

169,226

163,475

160,547

151,277

145,436

140,195

130,990

Stockholders' Equity, Total

261,604

261,496

260,376

251,145

240,860

237,369

236,328

230,813

232,096

228,161

222,088

215,232

211,738

226,692

228,151

228,490

224,490

219,668

216,048

216,064

208,447

202,936

203,554

200,876

192,352

184,535

179,656

183,142

176,533

171,785

165,856

162,869

153,584

147,623

142,316

132,710

LIABILITIES AND STOCKHOLDERS' EQUITY, TOTAL

936,127

939,179

905,106

833,128

796,367

740,273

727,524

715,900

718,235

710,162

697,961

680,212

673,984

689,789

685,867

681,435

674,413

649,151

626,243

617,206

605,588

592,112

582,290

573,979

561,761

544,843

530,182

525,648

518,288

501,792

487,974

475,679

464,884

452,719

441,329

422,063

Voting Common Stock
Common Stock, Value, Issued

170

170

170

170

170

170

170

170

170

170

170

170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nonvoting Common Stock
Common Stock, Value, Issued

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-