Franklin Financial Network, Inc. (FSB) financial statements (2021 and earlier)

Company profile

Business Address 722 COLUMBIA AVENUE
FRANKLIN, TN 37064
State of Incorp. TN
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments240177239182155304284
Cash and cash equivalents240177239182155304284
Total current assets:240177239182155304284
Noncurrent Assets
Finance lease, right-of-use asset2333  
Operating lease, right-of-use asset19204040  
Property, plant and equipment47481212131312
Intangible assets, net (including goodwill)18191919191919
Goodwill18181818181818
Intangible assets, net (excluding goodwill)0001111
Deferred income tax assets1013    
Total noncurrent assets:971027374323231
Other undisclosed assets3,4393,5133,5843,5623,8863,9033,934
TOTAL ASSETS:3,7763,7923,8963,8184,0724,2384,249
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities3,3543,3833,4863,4103,6783,8553,877
Total liabilities:3,3543,3833,4863,4103,6783,8553,877
Stockholders' equity
Stockholders' equity attributable to parent422409410408394383373
Common stock279277275270269267265
Accumulated other comprehensive income (loss)202(0)(3)(7)(15)
Retained earnings140131133139128123123
Stockholders' equity attributable to noncontrolling interest0000000
Total stockholders' equity:422409410408394384373
TOTAL LIABILITIES AND EQUITY:3,7763,7923,8963,8184,0724,2384,249

Income statement (P&L) ($ in millions)

6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
Revenues40434346484744
Net investment income40424347474846
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(3)(13)(19)(1)(7)(5)(1)
Gross profit:36302445414243
Operating expenses(5)(6)(5)(5)(5)(4)(5)
Operating income:31231940363838
Interest and debt expense(10)(14)(15)(18)(20)(20)(19)
Income from continuing operations before equity method investments, income taxes:219422161819
Other undisclosed loss from continuing operations before income taxes(8)(11)(12)(9)(10)(15)(15)
Income (loss) from continuing operations before income taxes:13(2)(8)13634
Income tax expense (benefit)(3)13(2)(1)(0)(0)
Net income (loss):10(1)(5)11534
Net loss attributable to noncontrolling interest(0) (0) (0) (0)
Net income (loss) available to common stockholders, basic:10(1)(5)11534
Other undisclosed net income (loss) available to common stockholders, diluted(0)(0)0(0)(0)(0)(0)
Net income (loss) available to common stockholders, diluted:10(1)(5)11534

Comprehensive Income ($ in millions)

6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
Net income (loss):10(1)(5)11534
Other comprehensive income     1313
Other undisclosed comprehensive income  18    
Comprehensive income (loss):10(1)141151617
Comprehensive loss, net of tax, attributable to noncontrolling interest(0) (0) (0) (0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2(1)(16)34(4)(3)
Comprehensive income (loss), net of tax, attributable to parent:12(3)(3)1491213

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: