Franklin financial network, inc. (FSB)
Income statement / 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
Interest income and dividends
Loans, including fees

155,925

157,225

155,036

149,353

141,463

131,918

122,815

114,353

106,703

100,470

94,567

88,786

83,054

78,236

72,367

66,919

60,162

53,574

49,190

44,614

38,821

33,585

28,126

23,144

21,511

20,094

0

0

0

Securities:
Taxable

13,492

17,462

21,880

24,525

26,816

26,533

24,427

23,008

21,803

21,309

20,262

19,110

17,395

15,306

14,680

14,253

13,225

12,362

11,611

10,544

9,821

9,459

8,642

7,345

6,118

4,655

0

0

0

Tax-Exempt

5,472

5,559

5,965

6,420

6,939

7,384

7,914

8,205

8,488

8,593

8,282

7,522

6,507

5,609

4,952

4,461

3,433

2,331

1,176

230

81

81

82

79

73

67

0

0

0

Dividends on restricted equity securities

1,041

1,213

1,302

1,324

1,303

1,243

1,181

1,137

1,021

928

809

673

578

500

454

421

386

350

302

286

254

227

210

156

135

126

0

0

0

Federal funds sold and other

2,846

3,233

3,369

3,116

2,900

2,867

2,684

2,381

1,944

1,153

748

521

353

256

199

175

150

104

103

99

82

80

62

44

39

40

0

0

0

Total interest income

178,776

184,692

187,552

184,738

179,421

169,945

159,021

149,084

139,959

132,453

124,668

116,612

107,887

99,907

92,652

86,229

77,356

68,721

62,382

55,773

49,059

43,432

37,122

30,768

27,876

24,982

0

0

0

Interest expense
Deposits

56,554

61,298

64,631

63,748

59,673

53,326

45,730

38,904

32,861

27,464

23,234

19,606

16,403

14,234

12,843

11,577

10,132

8,688

7,456

6,485

5,786

5,301

4,768

4,196

3,876

3,693

0

0

0

Federal funds purchased and repurchase agreements

232

290

334

354

395

419

394

417

433

407

352

329

264

303

334

334

344

306

285

255

220

176

174

185

164

144

0

0

0

Federal Home Loan Bank advances and other borrowings

6,458

7,616

8,292

8,041

7,218

6,369

5,378

4,479

3,817

3,215

2,624

1,871

1,306

884

575

439

333

312

298

299

298

262

222

171

110

100

0

0

0

Subordinated notes

4,328

4,328

4,328

4,328

4,328

4,328

4,328

4,329

4,329

4,321

4,321

4,320

3,963

2,902

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Total interest expense

67,572

73,532

77,585

76,471

71,614

64,442

55,830

48,129

41,440

35,407

30,531

26,126

21,936

18,323

15,572

13,088

10,822

9,306

8,039

7,039

6,304

5,739

5,164

4,552

4,150

3,937

0

0

0

Net interest income

111,204

111,160

109,967

108,267

107,807

105,503

103,191

100,955

98,519

97,046

94,137

90,486

85,951

81,584

77,080

73,141

66,534

59,415

54,343

48,734

42,755

37,693

31,958

26,216

23,726

21,045

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

Net interest income after provision for loan losses

71,190

79,113

95,906

95,070

101,071

103,249

100,617

97,927

95,488

92,733

89,974

85,521

79,992

76,344

71,109

66,838

60,993

54,385

50,304

45,755

40,141

35,319

30,019

24,716

22,484

20,138

0

0

0

Noninterest income
Mortgage banking revenue

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan servicing fees, net

-

-

-

-

-

-

-

-

-

-

0

-

87

22

38

162

226

227

268

257

285

254

124

32

-183

-365

0

0

0

Gain on sale or call of securities

3,290

2,043

2,008

516

0

-

0

0

-

-

0

-

-

2,172

1,839

1,414

728

833

695

712

666

259

103

81

46

88

0

0

0

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

166

-

174

174

146

113

94

63

57

53

50

49

51

52

0

0

0

Other service charges and fees

-

-

-

-

-

-

-

-

-

-

-

-

3,160

-

2,902

2,736

2,659

2,644

2,615

2,536

2,159

1,777

1,399

1,069

1,057

1,112

0

0

0

Net loss on sale of loans held for investment

-2,202

-2,003

0

0

0

-

-

-

0

-

0

-

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

Wealth management

-

-

-

-

-

-

-

-

-

-

-

-

2,119

-

1,712

1,593

1,365

1,283

1,188

1,148

882

639

0

0

0

-

-

-

-

FDIC assessment expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net (loss) gain on sale of foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

40

-

32

5

23

26

-94

-100

-123

-96

55

29

0

-223

0

0

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

720

-

637

651

659

771

767

981

1,146

1,255

1,184

1,146

1,210

1,288

0

0

0

Total noninterest income

20,182

17,775

12,819

11,468

10,692

10,662

14,309

14,436

14,169

14,721

14,010

15,317

16,063

15,140

15,579

14,501

12,726

12,856

12,694

12,170

11,749

9,955

8,762

6,805

6,471

6,819

0

0

0

Noninterest expense
Salaries and employee benefits

48,650

50,813

51,398

50,489

49,392

43,837

39,275

37,563

36,423

35,268

34,102

33,070

31,545

30,029

28,179

26,408

24,876

24,040

23,626

23,562

21,296

19,160

16,810

14,005

13,482

13,142

0

0

0

Occupancy and equipment

13,042

13,069

12,972

12,545

12,147

11,628

10,942

10,408

9,718

9,219

8,753

8,355

7,915

7,627

7,191

6,873

6,817

6,589

6,452

6,212

5,522

4,729

4,040

3,263

2,922

2,792

0

0

0

FDIC assessment (income) expense

0

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FDIC assessment expense

-

-

-

3,660

-

-

-

3,343

3,580

3,680

3,355

3,025

2,415

2,068

1,763

1,555

1,366

1,167

972

791

695

600

0

0

0

-

-

-

-

Marketing

1,115

1,189

1,172

1,163

1,131

1,092

1,076

962

978

965

895

909

812

762

872

943

953

956

953

900

837

728

560

406

342

283

0

0

0

Professional fees

6,501

4,356

4,273

4,178

4,467

4,413

4,115

3,913

3,253

3,419

3,098

3,212

3,487

3,546

4,049

3,630

3,160

2,425

1,828

2,273

2,045

2,040

1,868

986

863

596

0

0

0

Amortization of core deposit intangible

453

504

554

603

653

612

565

511

450

473

0

0

0

-

0

0

0

-

0

0

0

-

0

-

-

-

-

-

-

Indirect expenses related to public offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

Other

10,620

10,105

9,637

9,288

9,038

8,448

8,340

8,103

7,634

7,800

7,931

7,970

7,974

7,649

7,869

7,637

7,201

6,963

6,358

5,963

5,288

4,469

3,137

2,472

2,324

2,272

0

0

0

Total noninterest expense

81,684

81,879

82,289

81,926

80,606

73,478

67,776

64,803

62,036

60,824

58,066

56,496

54,126

51,681

49,546

46,691

44,350

42,140

40,813

40,349

35,855

31,726

27,342

21,795

20,569

19,662

0

0

0

(Loss) income before income tax expense

9,688

15,009

26,436

24,612

31,157

40,433

47,150

47,560

47,621

46,630

45,918

44,342

41,929

39,803

37,142

34,648

29,369

25,101

22,185

17,576

16,035

13,548

11,439

9,726

8,386

7,295

0

0

0

Income tax (benefit) expense

-1,085

187

3,279

2,230

3,787

5,912

13,978

16,048

17,404

18,531

13,042

13,218

12,171

11,746

11,600

11,093

10,188

9,021

7,934

6,460

6,018

5,134

4,457

3,749

3,261

2,734

0

0

0

Net (loss) income

10,773

14,822

23,157

22,382

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

Dividends paid on Series A preferred stock

-

-

-

-

-

-

-

-

-

-

-

0

-

23

48

73

98

100

100

100

100

100

100

0

0

-

0

-

-

Earnings attributable to noncontrolling interest

16

16

16

0

0

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income available to common shareholders

10,757

14,806

23,141

22,366

27,354

34,505

33,156

31,496

30,201

28,083

32,868

31,116

29,758

28,034

25,494

23,482

19,083

15,980

14,151

11,016

9,917

8,314

6,881

5,876

5,024

4,452

0

0

0

(Loss) earnings per share:
Basic (in dollars per share)

-0.08

-0.31

0.77

0.35

0.20

0.24

0.73

0.71

0.76

0.18

0.67

0.68

0.61

0.60

0.67

0.70

0.59

0.44

0.49

0.30

0.39

0.34

0.26

0.41

0.31

0.28

0.27

0.32

0.26

Diluted (in dollars per share)

-0.08

-0.30

0.75

0.34

0.19

0.23

0.70

0.68

0.73

0.17

0.65

0.64

0.58

0.58

0.63

0.66

0.55

0.43

0.46

0.28

0.37

0.32

0.25

0.40

0.30

0.28

0.26

0.31

0.25

Dividend per share

-

-

-

-

-

-

-

-

0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts
Total noninterest income

335

317

300

275

249

217

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other service charges and fees
Total noninterest income

3,864

3,724

3,591

3,269

3,189

3,183

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage Banking Revenue [Member]
Total noninterest income

-

-

0

0

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Wealth management
Total noninterest income

3,067

2,880

2,838

2,776

2,892

2,969

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of foreclosed assets
Total noninterest income

5

7

91

92

92

91

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other
Total noninterest income

1,656

1,653

1,671

1,676

1,688

1,666

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-