PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Franklin Bank

Nutley, NJ · Cert 35342

FDIC

Q3 2005

$87.5MAssets
$76.3MLoans
$75.4MDeposits
$11.2MEquity
Loan mix
93%RE $17.1M6%C&I $1.2M1%Consumer $0.2MQ3 2004Q3 2005
Deposit mix
82%Interest-bearing $62.2M18%Noninterest $13.2MQ3 2004Q3 2005

NIM

5.05%Q3 ’034.60%Q3 ’045.73%Q3 ’05-7%+29%

Non-interest income vs. expense

2.98%Q3 ’032.40%Q3 ’042.32%Q3 ’05-18%-5%

Executive Summary

  • Earnings: ROA of 1.71%, up 47 bps year over year; NIM at 4.80%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 101.17% of deposits as of Q3 2005.

Financial Results

Return on Assets (YTD, annualized)

1.71%+47 bps YoY

Net Interest Margin (YTD, annualized)

4.80%+109 bps YoY

Efficiency Ratio (YTD, annualized)

47.31%-1,618 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets1.23%1.56%2.08%1.93%1.71%+47 bps
Return on Equity11.74%14.21%16.14%15.46%13.58%+184 bps
Net Interest Margin3.71%3.77%4.75%4.85%4.80%+109 bps
Efficiency Ratio63.49%60.59%51.18%47.74%47.31%-1,618 bps
Non-Interest Burden2.33%2.26%2.38%2.26%2.22%-11 bps
Growth
Asset Growth (YoY)39.31%25.49%23.73%17.55%7.70%-3,161 bps
Loan Growth (YoY)37.06%34.33%35.62%31.91%23.86%-1,320 bps
Deposit Growth (YoY)34.04%19.22%19.06%17.87%6.44%-2,760 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.11%1.15%1.17%1.17%1.30%+18 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 Capital15.82%16.16%15.78%15.16%15.65%-17 bps
Equity / Assets11.85%12.80%12.91%11.86%12.76%+91 bps
Liquidity & Funding
Loans / Deposits86.94%96.44%100.66%93.95%101.17%+1,423 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a