Call reports 2020
FRANKLIN SYNERGY BANK — 2020
What FRANKLIN SYNERGY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Total assets | 3,786,014,000 | 3,768,513,000 |
| Total loans | 2,898,450,000 | 2,855,910,000 |
| Allowance for loan losses | 38,403,000 | 38,100,000 |
| Securities available for sale | 543,225,000 | 503,877,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 3,138,329,000 | 3,144,145,000 |
| Interest-bearing deposits | 2,750,275,000 | 2,659,814,000 |
| Noninterest-bearing deposits | 388,054,000 | 484,331,000 |
| Equity capital | 462,986,000 | 476,247,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Interest income | 41,581,000 | 81,375,000 |
| Interest expense | 13,062,000 | 22,266,000 |
| Net interest income | 28,519,000 | 59,109,000 |
| Noninterest income | 5,092,000 | 14,886,000 |
| Noninterest expense | 20,078,000 | 41,594,000 |
| Provision for loan losses | 13,022,000 | 16,217,000 |
| Pretax income | 1,907,000 | 17,746,000 |
| Income tax | -161,000 | 3,274,000 |
| Net income | 2,068,000 | 14,464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Tier 1 capital | 442,454,000 | 453,654,000 |