Franklin Bank (NJ)

1179 Route 40
Pilesgrove, NJ 8098
856-769-1327
www.franklinbnk.com

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Franklin Bank (NJ) is headquartered in Pilesgrove and is the 69^th largest bank in the state of New Jersey. It is also the 2,426^th largest bank in the nation. It was established in 1861 and as of March of 2012, it had grown to 62 employees at 6 locations. Franklin Bank (NJ) has a 3-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Franklin Bank (NJ) Checking Account Rates

Apy	Min	Max	Product
0.30%	$100k	-	Business Basic Plus
0.15%	$25	-	Premier Checking
0.15%	-	-	50 Plus Checking

Franklin Bank (NJ) Savings Account Rates

Apy	Min	Max	Product
0.50%	$10k	-	IRA Savings
0.50%	$10k	-	Roth IRA Savings
0.50%	$10k	-	Education IRA Savings
0.30%	$500	-	Statement Savings
0.30%	$500	-	Passbook Savings

Franklin Bank (NJ) Money Market Rates

	Apy	Min	Max	Product
	0.60%	$150k	-	MMDA Plus

Franklin Bank (NJ) CD Rates

Apy	Min	Max	Product
1.90%	$500	-	84 Month Interest Credited Monthly CD
1.70%	$500	-	60 Month Interest Credited Monthly CD
1.45%	$500	-	48 Month Interest Credited Monthly CD
1.25%	$500	-	36 Month Interest Credited Monthly CD
1.15%	$500	-	33 Month Interest Credited Monthly CD
1.05%	$500	-	30 Month Interest Credited Monthly CD
1.05%	$500	-	30 Month Interest Credited at Maturity CD
0.95%	$500	-	24 Month Interest Credited Monthly CD
0.75%	$500	-	18 Month Interest Credited Monthly CD
0.75%	$500	-	18 Month Interest Credited at Maturity CD
0.65%	$500	-	15 Month Interest Credited Monthly CD
0.55%	$500	-	12 Month Interest Credited Monthly CD
0.45%	$500	-	9 Month Interest Credited Monthly CD
0.45%	$500	-	9 Month Interest Credited at Maturity CD
0.40%	$500	-	6 Month Interest Credited Monthly CD
0.40%	$500	-	6 Month Interest Credited at Maturity CD
0.25%	$500	-	3 Month Interest Credited Monthly CD
0.25%	$500	-	3 Month Interest Credited at Maturity CD

Franklin Bank (NJ) IRA Rates

Apy	Min	Max	Product
1.70%	$1k	-	60 Month IRA CD
1.70%	$1k	-	60 Month Roth IRA CD
1.70%	$1k	-	60 Month Education IRA CD
1.45%	$1k	-	48 Month IRA CD
1.45%	$1k	-	48 Month Roth IRA CD
1.45%	$1k	-	48 Month Education IRA CD
1.25%	$1k	-	36 Month IRA CD
1.25%	$1k	-	36 Month Roth IRA CD
1.25%	$1k	-	36 Month Education IRA CD
1.05%	$1k	-	30 Month IRA CD
1.05%	$1k	-	30 Month Roth IRA CD
1.05%	$1k	-	30 Month Education IRA CD
0.95%	$1k	-	24 Month IRA CD
0.95%	$1k	-	24 Month Roth IRA CD
0.95%	$1k	-	24 Month Education IRA CD
0.75%	$1k	-	18 Month IRA CD
0.75%	$1k	-	18 Month Roth IRA CD
0.75%	$1k	-	18 Month Education IRA CD
0.65%	$1k	-	15 Month IRA CD
0.65%	$1k	-	15 Month Roth IRA CD
0.65%	$1k	-	15 Month Education IRA CD
0.55%	$1k	-	12 Month IRA CD
0.55%	$1k	-	12 Month Roth IRA CD
0.55%	$1k	-	12 Month Education IRA CD

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

Franklin Bank
OTS #	05286
FDIC Certificate #	30402
BankRate Report	View
Year Established	1861
Employees	62
Primary Regulator	OCC
Assets and Liabilities
Assets	$265.58 million
Loans	$165.88 million
Deposits	$215.26 million
Equity Capital	$20.20 million
Loan Loss Allowance	$1.46 million
Unbacked Noncurrent Loans	$3.35 million
Real Estate Owned	$299,000
Historic Data - March 2011
Assets	$254.27 million
Equity Capital	$19.94 million
Loan Loss Allowance	$1.42 million
Unbacked Noncurrent Loans	$2.02 million
Real Estate Owned	$221,000
Profit Margin - Quarterly
Net Interest Margin	2.87%
Return on Assets	-0.1%
Return on Equity	-1.25%
Interest Income	$2.73 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 March 31, 2012 Franklin Bank (NJ) had $3.65 million in non-current loans and owned real-estate with $21.66 million in equity and loan loss allowances on hand to cover it. This gives Franklin Bank (NJ) a Texas Ratio of 16.85% 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 Franklin Bank (NJ) increased slightly from 10.48% as of March 31, 2011 to 16.85% as of March 31, 2012, resulting in a negative change of 60.75%. This indicates that the balance sheet and financial strength for Franklin Bank (NJ) has declined slightly in recent periods.
Deposit Growth
In the past year, Franklin Bank (NJ) has increased its total deposits by $14.82 million, resulting in 7.39% 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 Franklin Bank (NJ) has shown is excellent.
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. Franklin Bank (NJ) has $265.58 million in assets with $21.66 million in equity, resulting in a capitalization level of 8.16%, which is average.

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