Franklin financial network, inc. (FSB)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13
ASSETS
Cash and due from financial institutions

173

234

178

150

300

280

144

176

246

251

155

96

114

90

55

72

62

52

47

43

48

49

36

26

30

18

Federal funds sold

-

-

-

-

-

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Certificates of deposit at other financial institutions

3

3

3

3

3

3

3

3

2

2

2

2

2

1

1

1

1

0

0

0

0

0

0

-

-

-

Securities available for sale

543

652

612

715

799

1,030

1,115

1,148

1,186

999

980

1,021

1,073

754

670

676

589

575

624

635

456

395

346

263

291

268

Securities held to maturity (fair value 2019—$0 and 2018—$118,955)

-

-

-

118

118

121

204

209

213

214

217

222

226

228

235

232

157

158

132

46

50

53

56

58

60

56

Loans held for sale, at fair value

42

43

56

27

21

11

14

16

12

12

11

11

12

23

26

16

11

14

14

16

22

18

25

-

-

10

Loans held for investment

2,855

2,812

-

-

-

2,672

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for loan losses

38

45

-

-

-

23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loans

2,817

2,767

-

-

-

2,648

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

11

-

Loans held for investment

-

-

2,796

2,880

2,807

-

2,550

2,472

2,310

2,256

2,115

2,011

1,949

1,773

1,654

1,550

1,421

1,303

1,123

962

874

787

719

485

451

421

Allowance for loan losses

-

-

26

27

27

-

22

22

21

21

19

18

18

16

15

14

12

11

9

8

7

6

5

5

5

4

Net loans

-

-

2,769

2,852

2,779

-

2,527

2,449

2,288

2,235

2,095

1,993

1,931

1,757

1,638

1,536

1,409

1,292

1,114

954

867

780

713

479

446

416

Restricted equity securities, at cost

24

24

24

24

22

21

21

20

19

18

18

17

14

11

11

9

8

7

7

7

5

5

5

3

3

3

Premises and equipment, net

48

12

12

12

12

12

11

11

10

11

11

10

10

9

8

8

8

7

9

9

9

9

13

5

5

4

Accrued interest receivable

12

12

12

14

14

13

14

13

12

11

11

11

10

9

7

8

7

7

6

4

3

3

3

2

2

2

Bank owned life insurance

57

56

56

55

55

55

54

54

49

49

23

23

23

23

23

22

22

22

22

21

21

11

11

8

8

8

Deferred tax asset

12

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset

-

-

10

10

12

13

17

15

13

10

13

13

15

15

5

3

5

9

5

8

5

6

8

1

2

3

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

4

-

-

-

-

Foreclosed assets

-

-

-

-

-

-

1

1

1

1

1

1

1

0

0

0

0

0

0

0

0

0

1

1

0

0

Servicing rights, net

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

2

2

2

2

Mortgage banking derivative asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

Goodwill

18

18

18

18

18

18

18

18

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

0

0

0

Core deposit intangible, net

0

0

0

0

0

0

1

1

0

1

1

1

1

1

1

1

1

2

2

2

2

2

2

-

-

-

Other assets

34

53

59

62

75

14

13

12

11

10

7

4

4

2

3

3

3

3

2

2

1

1

1

1

1

1

Total assets

3,791

3,896

3,818

4,071

4,238

4,249

4,167

4,165

4,083

3,843

3,565

3,443

3,454

2,943

2,703

2,607

2,300

2,167

2,002

1,766

1,509

1,355

1,238

872

866

796

LIABILITIES AND EQUITY
Deposits
Non-interest bearing

387

319

346

334

304

290

321

308

298

272

257

255

240

233

232

229

201

176

177

167

156

150

136

69

62

52

Interest bearing

2,750

2,888

2,715

2,811

3,010

3,141

3,050

3,089

3,056

2,895

2,567

2,499

2,577

2,158

1,985

2,020

1,752

1,637

1,537

1,324

1,115

1,021

914

677

677

628

Total deposits

3,137

3,207

3,061

3,146

3,315

3,431

3,371

3,398

3,355

3,167

2,824

2,754

2,817

2,391

2,217

2,249

1,953

1,814

1,714

1,491

1,271

1,172

1,051

747

739

681

Federal funds purchased and repurchase agreements

-

-

-

-

-

-

-

0

36

31

32

42

70

83

45

36

49

101

37

36

35

39

34

15

22

24

Federal Home Loan Bank advances

135

155

220

396

416

368

371

351

317

272

337

287

217

132

162

52

57

57

57

57

19

19

33

33

33

23

Subordinated notes, net

58

58

58

58

58

58

58

58

58

58

58

58

58

58

58

58

38

-

-

-

-

-

-

-

-

-

Accrued interest payable

3

4

3

4

5

4

4

3

2

2

2

2

1

1

1

1

0

0

0

0

0

0

0

0

0

0

Mortgage banking derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

Other liabilities

48

60

65

72

58

12

5

4

9

7

5

6

11

5

8

4

8

6

5

3

4

3

2

1

2

2

Total liabilities

3,382

3,485

3,410

3,678

3,854

3,876

3,811

3,817

3,778

3,538

3,261

3,150

3,176

2,672

2,493

2,402

2,108

1,978

1,814

1,589

1,330

1,234

1,122

797

797

731

Equity
Preferred stock, no par value: 1.0 million shares authorized; no shares outstanding at March 31, 2020 and December 31, 2019

0

0

-

-

-

0

0

0

0

-

0

0

0

0

-

-

-

10

10

10

10

10

10

10

10

10

Common stock, no par value: 30.0 million authorized; 14.9 million issued and outstanding at March 31, 2020 and 14.8 million issued and outstanding December 31, 2019, respectively

277

275

269

268

266

264

261

259

223

222

221

220

218

218

150

150

148

147

146

146

146

94

93

53

52

52

Retained earnings

131

133

138

127

123

123

119

108

98

88

85

76

67

59

51

44

37

31

26

21

18

15

12

10

8

7

Accumulated other comprehensive income

0

1

-0

-2

-6

-15

-24

-20

-17

-6

-3

-3

-7

-7

7

9

6

-0

4

-0

3

2

0

0

-2

-4

Total shareholders’ equity

408

410

408

393

383

372

356

348

304

304

303

292

278

270

209

204

191

188

187

177

178

121

116

74

68

65

Non-controlling interest in consolidated subsidiary

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

408

410

408

393

383

372

356

348

304

304

303

293

278

270

-

-

-

188

-

-

-

-

-

-

-

-

Total liabilities and equity

3,791

3,896

3,818

4,071

4,238

4,249

4,167

4,165

4,083

3,843

3,565

3,443

3,454

2,943

2,703

2,607

2,300

2,167

2,002

1,766

1,509

1,355

1,238

872

866

796