PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Franklin Security Bank

Plains Township, PA · Cert 35113

FDIC

Q1 2014

$219.8MAssets
$157.0MLoans
$164.5MDeposits
$25.2MEquity
Loan mix
30%RE $41.2M18%C&I $24.9M52%Consumer $70.8MQ2 2012Q1 2014
Deposit mix
94%Interest-bearing $154.8M6%Noninterest $9.7MQ2 2012Q1 2014

Executive Summary

  • Earnings: ROA of 0.16%, down 28 bps year over year; NIM at 2.75%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.44%.
  • Funding: loans stand at 95.45% of deposits as of Q1 2014.

Return on Assets (quarter, annualized)

0.16%-28 bps YoY

Net Interest Margin (quarter, annualized)

2.75%+27 bps YoY

Efficiency Ratio (quarter, annualized)

82.53%+147 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

3.59%Q1 ’123.41%Q1 ’133.51%Q1 ’14+3%+11%

Non-interest income vs. expense

2.55%Q1 ’122.20%Q1 ’132.26%Q1 ’14-16%+14%

Discrete quarter, annualized.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets0.27%10.26%-0.03%0.44%0.29%0.20%-1.07%0.16%-28 bps
Return on Equity2.31%2.20%-0.27%3.76%2.50%1.72%-9.68%1.43%-233 bps
Net Interest Margin2.77%2.79%2.68%2.49%2.58%2.75%2.70%2.75%+27 bps
Efficiency Ratio88.66%78.75%78.92%81.06%80.55%78.95%74.23%82.53%+147 bps
Non-Interest Burden2.46%2.17%2.12%1.99%2.04%2.13%3.14%2.28%+29 bps
Growth
Asset Growth (YoY)16.56%7.90%6.33%2.39%-3.40%0.23%-1.39%-1.47%-386 bps
Loan Growth (YoY)19.29%14.98%12.23%0.90%-0.57%2.02%5.36%12.27%+1,137 bps
Deposit Growth (YoY)8.51%17.61%10.33%11.14%-0.59%3.63%4.01%3.13%-801 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.36%0.41%1.02%0.54%0.41%0.55%0.59%0.44%-10 bps
Allowance / Loans1.05%0.96%1.07%1.03%0.99%0.97%1.00%1.00%-3 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital16.13%16.88%16.89%17.42%17.17%16.58%16.20%16.07%-135 bps
Equity / Assets11.71%11.73%11.60%11.77%11.74%11.11%11.02%11.46%-31 bps
Liquidity & Funding
Loans / Deposits93.87%89.88%93.41%87.68%93.89%88.49%94.63%95.45%+777 bps
Liquid Assets / Assets3.16%1.18%0.79%3.77%0.89%4.86%2.82%0.85%-292 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a