Franklin Federal Savings Bank

Glen Allen, VA · Cert 28798

FDIC · 8 branches

Q4 2014

$1.1BAssets

$519.6MLoans

$698.2MDeposits

$213.1MEquity

Deposit mix

NIM

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

Earnings: ROA of -3.56%, down 385 bps year over year; NIM at 2.01%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
Funding: loans stand at 74.43% of deposits as of Q4 2014.

Return on Assets (quarter, annualized)

-3.56%-385 bps YoY

Net Interest Margin (quarter, annualized)

2.01%-52 bps YoY

Efficiency Ratio (quarter, annualized)

252%+18,950 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2013	Q1 2014	Q2 2014	Q3 2014	Q4 2014	YoY Δ	Trend
Earnings
Return on Assets	0.29%	0.92%	0.89%	-0.39%	-3.56%	-385 bps
Return on Equity	1.54%	4.86%	4.68%	-2.04%	-18.43%	-1,997 bps
Net Interest Margin	2.53%	2.63%	2.74%	2.25%	2.01%	-52 bps
Efficiency Ratio	62.84%	62.61%	57.78%	74.79%	252%	+18,950 bps
Non-Interest Burden	1.47%	1.53%	1.42%	1.68%	5.55%	+408 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 / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.27%	0.03%	0.16%	4.96%	0.06%	-21 bps
Allowance / Loans	1.91%	1.93%	1.92%	2.35%	2.31%	+40 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	28.22%	29.74%	30.72%	33.23%	36.50%	+828 bps
Equity / Assets	19.03%	18.89%	19.00%	18.90%	19.75%	+72 bps
Liquidity & Funding
Loans / Deposits	81.79%	82.05%	79.09%	76.97%	74.43%	-736 bps
Liquid Assets / Assets	15.73%	16.34%	18.38%	28.01%	31.40%	+1,566 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a