Bank of Franklin

Bank of Franklin is headquartered in Meadville and is the 67^th largest bank in the state of Mississippi. It is also the 4,965^th largest bank in the nation. It was established in 1912 and as of December of 2011, it had grown to 42 employees at 4 locations. Bank of Franklin has a 3-star health rating.

Bank of Franklin Routing Number: 065304327

Data for Q4 2011

Institution Statistics Bank of Franklin FDIC Certificate # 10594 BankRate Report View Year Established 1912 Employees 42 Primary Regulator FDIC Assets and Liabilities Assets $98.95 million Loans $56.83 million Deposits $90.16 million Equity Capital $8.54 million Loan Loss Allowance $1.56 million Unbacked Noncurrent Loans $1.29 million Real Estate Owned $489,000 Historic Data - December 2010 Assets $94.61 million Equity Capital $8.14 million Loan Loss Allowance $1.67 million Unbacked Noncurrent Loans $558,000 Real Estate Owned $410,000 Profit Margin - Quarterly Net Interest Margin 4.35% Return on Assets 0.06% Return on Equity 0.7% Interest Income $4.63 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank of Franklin had $1.78 million in non-current loans and owned real-estate with $10.1 million in equity and loan loss allowances on hand to cover it. This gives Bank of Franklin a Texas Ratio of 17.62% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Franklin increased slightly from 9.87% as of December 31, 2010 to 17.62% as of December 31, 2011, resulting in a negative change of 78.50%. This indicates that the balance sheet and financial strength for Bank of Franklin has declined slightly in recent periods. Deposit Growth In the past year, Bank of Franklin has increased its total deposits by $3.94 million, resulting in 4.56% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Franklin has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Franklin has $98.94 million in assets with $10.1 million in equity, resulting in a capitalization level of 10.20%, which is above average.

No reviews have been left for this bank yet. Be the first to review.