Institution Statistics
| Franklin Community Bank, National Association | | FDIC Certificate # | 57259 | | BankRate Report | View | | Year Established | 2002 | | Employees | 31 | | Primary Regulator | OCC |
Assets and Liabilities | | Assets | $198.36 million | | Loans | $137.12 million | | Deposits | $162.54 million | | Equity Capital | $21.27 million | | Loan Loss Allowance | $2.62 million | | Unbacked Noncurrent Loans | $3.94 million | | Real Estate Owned | $4.63 million |
Historic Data - March 2011 | | Assets | $209.83 million | | Equity Capital | $20.72 million | | Loan Loss Allowance | $3.28 million | | Unbacked Noncurrent Loans | $6.09 million | | Real Estate Owned | $6.12 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.42% | | Return on Assets | 0.17% | | Return on Equity | 1.62% | | Interest Income | $2.11 million |
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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 Community Bank, National Association had $8.57 million in non-current loans and owned real-estate with $23.89 million in equity and loan loss allowances on hand to cover it. This gives Franklin Community Bank, National Association a Texas Ratio of 35.88% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Franklin Community Bank, National Association decreased slightly from 50.88% as of March 31, 2011 to 35.88% as of March 31, 2012, resulting in a positive change of 29.49%.This indicates that the balance sheet and financial strength for Franklin Community Bank, National Association has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, Franklin Community Bank, National Association has decreased its total deposits by -$12.09 million, resulting in -6.92% 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 Community Bank, National Association has shown is poor. | | 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 Community Bank, National Association has $198.36 million in assets with $23.89 million in equity, resulting in a capitalization level of 12.04%, which is excellent. |
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Average User Rating:
Franklin Community Bank Worse Bank In Virginia
This review is in regard to a commercial loan I co-signed for a business which I was not involved in the day to day operation. Franklin Community Bank, in particular the president, board and management, treated me so bad, that I created a website just to offer a detailed personal review. You can read my entire story by going to www.FranklinBankDoesNotCare.com. Not only did this bank not care about me as a customer, in my opinion, they were also unethical in the dealings with me. Please visit my website to learn the entire story. I promise, you will be surprised as to the treatment, but also find some good information, especially if you are considering a personal, or small business loan. There is also some good customer service information.