Franklin financial network, inc. (FSB)
CashFlow / TTM
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'13Sep'13Jun'13Mar'13
Cash flows from operating activities
Net (loss) income

10,773

14,822

23,157

22,383

27,370

34,521

33,172

31,512

30,217

28,099

32,876

31,124

29,758

28,057

25,542

23,555

19,181

16,080

14,251

11,116

10,017

8,414

6,982

5,977

5,125

4,561

0

0

0

Adjustments to reconcile net income to net cash from operating activities
Depreciation and amortization on premises and equipment

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization on premises and equipment

-

-

-

-

-

-

-

0

1,517

-

1,462

1,419

1,376

1,330

1,315

1,318

1,328

1,325

1,311

1,255

1,091

931

777

649

640

653

0

0

0

Accretion of purchase accounting adjustments

636

700

687

1,074

1,258

1,338

1,327

974

949

1,078

1,560

1,254

1,196

1,175

834

1,287

1,632

1,897

0

0

0

-

-

-

-

-

-

-

-

Net amortization of securities

-6,999

-6,876

-6,336

-7,088

-7,391

-8,083

-8,798

-9,204

-9,581

-10,129

-9,899

-9,307

-8,621

-7,673

-6,963

-6,488

-5,719

-4,961

-4,094

-3,306

-2,786

-2,596

-2,630

-2,845

-3,458

-4,199

0

0

0

Amortization of loan servicing right asset

1,422

1,289

1,125

913

878

867

856

896

935

934

1,017

1,124

1,163

1,201

1,170

1,024

937

909

824

805

735

727

821

963

1,143

1,265

0

0

0

Amortization of core deposit intangible

453

504

553

603

653

612

565

511

450

473

495

518

541

563

587

609

632

655

0

0

0

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

178

179

178

178

179

178

179

178

178

178

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

40,014

32,047

14,061

13,197

6,736

2,254

2,574

3,028

3,031

4,313

4,163

4,965

5,959

5,240

5,971

6,303

5,541

5,030

4,039

2,979

2,614

2,374

1,939

1,500

1,242

907

0

0

0

Impairment charges on loan servicing right asset

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax benefit

-2,928

-6,957

-1,870

-1,708

-1,928

197

4,326

4,127

4,356

3,785

-1,343

-1,318

-1,523

-964

-1,506

-1,336

-1,135

-1,058

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefit related to stock compensation

183

86

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of loans held for sale

757,512

655,546

448,083

301,733

280,341

278,559

354,969

366,900

375,996

357,983

381,451

398,262

377,005

371,173

324,957

288,577

285,722

301,190

308,644

314,455

290,690

262,955

254,243

256,178

288,878

307,592

0

0

0

Proceeds from sale of loans held for sale

744,733

631,572

413,656

299,233

277,285

285,116

357,394

369,727

383,712

378,469

404,337

409,799

382,576

367,369

320,657

296,089

303,109

312,150

325,508

325,975

291,929

266,932

247,921

255,978

293,709

315,242

0

0

0

Net gain on sale of loans held for sale

9,511

9,217

8,368

8,500

6,445

6,286

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) Loss on sale of loans held for investment

-2,196

-2,003

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of loans

-

-

-

-

-

-

-

-

-

-

6,242

7,667

7,909

7,183

8,245

7,766

6,920

6,959

7,161

6,573

6,677

5,814

5,018

3,857

3,783

4,403

0

0

0

Gain on sale of available for sale securities

3,290

2,043

0

0

0

-

-

-

-

-

-

-

-

2,172

1,839

1,414

618

684

546

563

627

259

103

81

46

88

0

0

0

Gain on call of held to maturity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

149

0

0

0

-

-

-

-

-

-

-

-

Income from bank owned life insurance

1,468

1,487

1,507

1,523

1,545

1,535

1,508

1,270

1,028

818

627

635

642

648

653

660

660

611

529

442

340

288

267

250

259

268

0

0

0

Gain on sale and write down of foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

Net loss/(gain) on foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Loss on sale of assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-98

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale and write down of foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Stock-based compensation

6,100

5,917

7,270

7,333

7,139

6,569

0

0

0

-

-

-

-

1,641

0

0

972

-

773

671

553

611

560

529

501

364

0

0

0

Compensation expense related to common stock issued to 401(k) plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

514

495

480

466

0

0

0

-

-

-

-

-

-

-

-

Deferred gain on sale of loans

15

15

15

14

15

15

11

8

4

58

76

84

102

64

55

56

47

36

46

47

47

50

0

0

0

-

-

-

-

Deferred gain on sale of foreclosed assets

12

14

11

11

11

10

0

0

0

-

-

0

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net change in:
Accrued interest receivable and other assets

-19,136

-6,597

-3,462

1,581

19,241

8,212

7,589

9,015

9,720

9,536

7,194

3,443

4,094

2,278

2,646

4,469

4,802

5,599

4,169

1,660

419

82

-1,038

1,262

375

-249

0

0

0

Accrued interest payable and other liabilities

-11,624

-3,730

3,962

12,840

4,388

2,638

-278

-1,832

-1,222

2,826

469

3,911

5,342

1,610

3,655

2,430

4,785

3,584

2,676

681

1,008

-219

-1,024

-34

562

572

0

0

0

Net cash from operating activities

47,025

23,811

18,277

52,366

26,430

50,307

41,342

37,172

40,688

55,638

56,295

49,255

41,813

28,196

26,693

33,624

40,580

27,278

30,334

21,164

10,676

11,930

1,061

6,287

12,655

15,512

0

0

0

Cash flows from investing activities
Securities available for sale :
Sales and calls

425,763

582,950

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases

128,670

208,661

345,605

342,661

329,811

474,163

444,513

497,037

526,308

664,894

623,304

599,985

684,165

391,036

255,342

237,452

407,671

498,977

546,908

576,037

325,719

198,452

220,362

181,715

174,342

189,962

0

0

0

Sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

129,439

137,275

146,783

107,300

62,158

52,096

48,019

44,181

38,822

29,108

16,985

16,290

0

0

0

Maturities and prepayments

98,816

145,203

342,934

354,636

399,780

359,859

189,290

194,515

155,419

175,457

147,144

134,794

127,454

103,307

81,427

72,075

128,481

204,147

211,096

206,154

178,566

93,339

80,826

81,762

62,393

78,650

0

0

0

Securities held to maturity :
Purchases

-

-

-

-

-

3,347

3,946

3,946

3,946

4,266

4,099

14,340

95,500

94,749

0

0

0

-

-

-

-

8,601

17,882

26,168

27,168

28,937

0

0

0

Maturities, prepayments and calls

5,668

8,116

9,544

10,867

11,733

11,999

14,787

15,140

14,705

16,326

19,734

22,396

24,612

21,712

15,364

11,027

9,448

10,670

12,290

11,719

9,449

11,551

10,400

9,818

9,375

5,840

0

0

0

Net change in loans

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in loans

-

-

-

-

-

-

-

0

362,940

-

465,624

461,924

528,529

468,973

530,543

588,230

546,883

515,837

402,490

290,286

238,104

181,928

158,052

153,671

141,672

122,572

0

0

0

Proceeds from sale of loans held for investment

100,824

76,849

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,344

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of buildings held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

1,542

1,542

1,542

1,542

4,080

0

0

0

-

-

-

-

-

-

-

-

Purchase of restricted equity securities

2,041

2,971

2,971

4,309

2,321

2,463

2,445

2,331

4,628

6,649

6,643

7,437

6,954

3,845

4,138

2,204

2,293

2,649

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

531

1,063

1,320

1,217

1,166

0

0

0

-

-

-

-

Purchases of premises and equipment, net

37,762

1,569

2,356

3,093

3,209

2,551

2,025

2,021

2,227

3,212

3,883

3,856

3,531

3,241

2,391

1,823

1,313

941

1,638

2,452

2,877

3,887

3,810

3,395

3,021

1,847

0

0

0

Decrease in certificates of deposits at other financial institutions

249

4

0

0

0

-

-

-

-

-1,800

-1,310

-1,465

-970

-805

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash from investing activities

284,695

366,753

477,728

119,399

135,810

-219,532

-468,730

-482,492

-514,275

-759,628

-794,183

-838,716

-1,122,146

-741,879

-685,529

-807,676

-790,366

-818,342

-761,380

-593,340

-324,094

-230,974

-257,475

-242,622

-255,433

-240,735

0

0

0

Cash flows from financing activities
(Decrease) increase in deposits

-178,372

-224,223

-309,600

-251,380

-162,472

141,417

423,563

520,438

537,941

775,410

606,871

504,690

863,639

577,779

503,360

757,750

681,997

641,867

663,148

500,418

287,699

246,629

283,529

211,777

203,616

166,657

0

0

0

Increase (decrease) in federal funds purchased and repurchase agreements

-

-

-

-

-

-31,004

-32,862

-41,737

-34,359

-52,297

-12,981

5,410

20,837

-17,785

8,225

105

13,875

62,008

3,380

19,822

11,993

13,894

-6,252

-1,312

11,883

22,689

0

0

0

Proceeds from Federal Home Loan Bank advances

430,000

525,000

570,000

540,000

545,000

450,000

280,000

310,000

245,000

380,000

390,000

570,000

515,000

325,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of Federal Home Loan Bank advances

711,500

738,500

721,500

495,000

457,000

365,000

257,000

257,000

145,000

240,000

215,000

335,000

355,000

250,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of subordinated notes, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

58,213

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Federal Home Loan Bank advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Proceeds from exercise of common stock warrants

-

-

-

-

-

-

-

-

-

150

172

206

195

101

98

81

115

79

0

0

0

-

-

-

-

-

-

-

-

Proceeds from exercise of common stock options

5,200

5,307

1,695

2,387

3,351

3,047

3,099

2,497

1,658

1,615

1,575

1,651

1,630

1,571

2,264

1,882

1,172

1,834

1,136

1,191

1,044

265

0

0

0

-

-

-

-

Proceeds from issuance of common stock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,423

0

0

0

-

-

-

-

-

-

-

-

Divestment of stock issued to 401(k) plan

-

-

-

-

-

308

336

177

155

256

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid on common stock

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of Series A preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interest distributions

-

-

-

-

-

-

-

-

-

-

-

-

-

23

48

73

98

100

100

100

100

100

101

101

101

109

0

0

0

Net cash from financing activities

-458,351

-435,785

-461,918

-206,228

-108,291

197,894

416,206

533,763

605,087

864,606

837,981

814,152

1,132,943

752,216

666,927

802,939

763,260

794,111

742,047

589,285

331,128

250,174

276,681

244,503

254,568

218,463

0

0

0

Net change in cash and cash equivalents

-126,631

-45,221

34,087

-34,463

53,949

28,669

-11,182

88,443

131,500

160,616

100,093

24,691

52,610

38,533

8,091

28,887

13,474

3,047

11,001

17,109

17,710

31,130

20,267

8,168

11,790

-6,760

0

0

0

Supplemental information:
Interest paid

69,435

74,031

78,916

77,422

70,684

63,847

54,500

46,773

40,658

34,562

29,333

25,355

20,879

17,043

14,760

11,866

10,438

9,083

7,889

6,835

6,035

5,540

4,977

4,399

4,080

4,023

0

0

0

Income taxes paid

8,566

9,994

12,034

10,303

11,795

10,892

9,932

13,227

15,675

15,680

16,753

15,817

13,428

14,023

13,049

11,879

9,363

9,738

7,485

7,372

5,962

5,692

5,352

4,346

3,306

2,750

0

0

0

Non-cash supplemental information:
Establishment and extinguishment of lease liability and right-of use asset

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfers from securities held to maturity to securities available for sale

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-