PackageTrendsPeer
Letter portraitLegal landscape

Franklin Federal Savings Bank

Glen Allen, VA · Cert 28798

FDIC · 8 branches

Q4 2014

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2014, the quarter ended December 31, 2014, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Franklin Federal Savings Bank

Glen Allen, VA · Cert 28798

FDIC · 8 branches

Q4 2014

$1.1BAssets
$519.6MLoans
$698.2MDeposits
$213.1MEquity
Deposit mix
99%Interest-bearing $692.1M1%Noninterest $6.1MQ4 2013Q4 2014

NIM

4.18%Q4 ’123.79%Q4 ’133.75%Q4 ’14-7%0%

Non-interest income vs. expense

1.73%Q4 ’121.77%Q4 ’132.78%Q4 ’14+10%+77%

Market Position · Richmond, VA · 2014 SOD (annual) · 1.0% share · #8 of 32 inst. · $0.7B of $68.3B

0.8% Henrico
1.1% Richmond (City)
6.2% Hanover
1.8% Chesterfield

Executive Summary

  • Earnings: ROA of -0.54%, down 111 bps year over year; NIM at 2.38%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.33%.
  • Funding: loans stand at 74.43% of deposits as of Q4 2014.

Financial Results

Return on Assets (YTD, annualized)

-0.54%-111 bps YoY

Net Interest Margin (YTD, annualized)

2.38%0 bps YoY

Efficiency Ratio (YTD, annualized)

105.70%+4,073 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2013Q1 2014Q2 2014Q3 2014Q4 2014YoY ΔTrend
Earnings
Return on Assets0.56%0.92%0.90%0.47%1-0.54%-111 bps
Return on Equity3.15%4.86%4.77%2.49%-2.84%-599 bps
Net Interest Margin2.39%2.63%2.66%2.50%2.38%0 bps
Efficiency Ratio64.97%62.61%60.10%64.16%105.70%+4,073 bps
Non-Interest Burden1.43%1.53%1.46%1.52%2.53%+110 bps
Growth
Asset Growth (YoY)3.19%7.00%7.56%5.81%3.28%+9 bps
Loan Growth (YoY)20.11%21.30%12.15%6.34%-4.98%-2,508 bps
Deposit Growth (YoY)2.53%6.67%7.96%5.81%4.42%+189 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.29%0.03%0.09%1.72%1.33%+104 bps
Allowance / Loans1.91%1.93%1.92%2.35%2.31%+40 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital28.22%29.74%30.72%33.23%36.50%+828 bps
Equity / Assets19.03%18.89%19.00%18.90%19.75%+72 bps
Liquidity & Funding
Loans / Deposits81.79%82.05%79.09%76.97%74.43%-736 bps
Liquid Assets / Assets15.73%16.34%18.38%28.01%31.40%+1,566 bps
CRE / Total Capitaln/an/an/an/an/an/an/a