Franklin Federal Savings Bank
Glen Allen, VA — Domestic Branch of a Domestic Bank
Acquired Jan 2015
Vitals
-
Total Assets1.1B 3.3 %
-
Total Deposits698.2M 4.4 %
-
Total Net Loans507.6M -5.4 %
-
Net Income-5797000.0000 -201.5 %
-
Book Value213.1M 7.2 %
-
Book Value x2426.2M 7.2 %
-
Book Value x3639.3M 7.2 %
Balance Sheet Highlights
| Financial Highlights | Franklin Federal Savings Bank |
| Balance Sheet $(000) | |
| Total Assets | 1,079,060 |
| Total Net Loans | 507,612 |
| Total Deposits | 698,151 |
| Total Equity | 213,103 |
| Profitability | |
| Net Income | -5,797 |
| Return on Average Assets | -.543 |
| Return on Average Equity | -2.838 |
| Net Interest Margin | 2.62 |
| Efficiency Ratio | 105.702 |
| Noninterest Income/Revenue | 6.279 |
| Balance Sheet Ratios | |
| Loan-to-Deposit | 72.708 |
| Securities/Assets | .21 |
| Total Equity/Total Assets | .197 |
| Tangible Equity/Tangible Assets | .197 |
| Capital Adequacy | |
| Tier 1 Common Capital | — |
| Tier 1 Capital | 212,384 |
| Tier 2 Capital | 7,590 |
| Total Capital | 219,974 |
| Total Risk Weighted Assets | 602,736 |
| Leverage Ratio | 19.7 |
| Common Equity Tier 1 Capital Ratio | — |
| Tier 1 Capital Ratio | 35.24 |
| Total Capital Ratio | 36.5 |
Timeline for Franklin Federal Savings Bank
Towne Bank
Franklin Federal Savings Bank was acquired by Towne Bank 9 years
View Profile Jan 03 2015
Franklin Federal Mortgage Holdings Llc
Franklin Federal Mortgage Holdings Llc became a new subsidiary organization for Franklin Federal Savings Bank.
View Profile Dec 01 2012
Franklin Service Corporation
Franklin Service Corporation became a new subsidiary organization for Franklin Federal Savings Bank.
View Profile Jul 21 2011
Reality Holdings Llc
Reality Holdings Llc became a new subsidiary organization for Franklin Federal Savings Bank.
View Profile Jul 21 2011
Franklin Federal Foundation, The
Franklin Federal Foundation, The became a new subsidiary organization for Franklin Federal Savings Bank.
View Profile Jul 21 2011
Want to see more?
Complete timeline for Franklin Federal Savings Bank is available.
View Complete Timeline| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Towne Bank | Buyer | 7,830,142 | Acquisition | Discontinued | 1/3/2015 |
| Relationships | Role | Relationship Start | Relationship End |
| Franklin Financial Corporation | Parent | 7/21/2011 | 1/2/2015 |
| Franklin Financial Corporation | Parent | 4/28/2011 | 7/20/2011 |
| Ffc, Inc | Parent | 12/9/2010 | 4/27/2011 |
| Franklin Financial Corporation | Parent | 8/14/2001 | 12/8/2010 |
| Franklin Service Corporation | Subsidary | 7/21/2011 | 1/2/2015 |
| Reality Holdings Llc | Subsidary | 7/21/2011 | 1/2/2015 |
| Franklin Federal Foundation, The | Subsidary | 7/21/2011 | 1/2/2015 |
| Franklin Federal Mortgage Holdings Llc | Subsidary | 12/1/2012 | 1/2/2015 |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
Cenlar Fsb
|
Trenton | NJ | 1.0B |
|
Ocean City Home Bank
|
Ocean City | NJ | 1.1B |
|
Guaranty Bank
|
Milwaukee | WI | 999.8M |
|
Westfield Bank, Fsb
|
Westfield Center | OH | 1.2B |
|
Guardian Savings Bank, A Federal Savings Bank
|
West Chester | OH | 947.4M |
|
Riverview Community Bank
|
Vancouver | WA | 982.4M |
|
First Federal Bank Of Florida
|
Lake City | FL | 1.2B |
|
Malaga Bank F.S.B.
|
Palos Verdes Peninsula | CA | 998.5M |
|
Colonial Savings, F.A.
|
Fort Worth | TX | 1.2B |
|
Atlantic Coast Bank
|
Jacksonville | FL | 936.3M |