Franklin County United Bank

Franklin County United Bank is headquartered in Decherd and is the 158^th largest bank in the state of Tennessee. It is also the 5,083^rd largest bank in the nation. It was established in 2004 and as of March of 2012, it had grown to 26 employees at 2 locations. Franklin County United Bank has a 3-star health rating.

Franklin County United Bank Routing Number: 064108922

Data for Q1 2012

Institution Statistics Franklin County United Bank FDIC Certificate # 57851 BankRate Report View Year Established 2004 Employees 26 Primary Regulator FDIC Assets and Liabilities Assets $94.82 million Loans $64.53 million Deposits $83.03 million Equity Capital $11.39 million Loan Loss Allowance $2.18 million Unbacked Noncurrent Loans $1.10 million Real Estate Owned $2.15 million Historic Data - March 2011 Assets $100.50 million Equity Capital $10.85 million Loan Loss Allowance $2.13 million Unbacked Noncurrent Loans $2.17 million Real Estate Owned $2.23 million Profit Margin - Quarterly Net Interest Margin 4.85% Return on Assets 0.61% Return on Equity 5.05% Interest Income $1.23 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 County United Bank had $3.24 million in non-current loans and owned real-estate with $13.57 million in equity and loan loss allowances on hand to cover it. This gives Franklin County United Bank a Texas Ratio of 23.87% 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 County United Bank decreased slightly from 33.91% as of March 31, 2011 to 23.87% as of March 31, 2012, resulting in a positive change of 29.60%.This indicates that the balance sheet and financial strength for Franklin County United Bank has improved slightly in recent periods. Deposit Growth In the past year, Franklin County United Bank has decreased its total deposits by -$6.42 million, resulting in -7.18% 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 County United Bank 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 County United Bank has $94.82 million in assets with $13.57 million in equity, resulting in a capitalization level of 14.31%, which is excellent.

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