Franklin Bank, S.S.B. in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 07, 2008

  • Franklin Bank, S.S.B. in Houston, Texas (TX)
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Franklin Bank, S.S.B. - Overview

  • General
  • FDIC Certificate #: 26870
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Prosperity Bank (#16835)
    Federal Reserve ID: 295552
    Date Established: January 08, 1987
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 46 (Interstate: No)
    OTS Docket #: 14696
    FDIC's unique #: 36150
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 08, 1987
    Last Structure Change Effective Date: November 07, 2008
    Last Structure Change Process Date: November 14, 2008
    Last Data Update: November 14, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 9800 Richmond Avenue, Suite 680, Houston, TX 77042
    County: Harris
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Houston, TX (#3360)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $5,089.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2007)

  • Dollar figures in thousands
  • 754Total employees (full-time equivalent)
  • $5,702,461Total assets
  • $215,282Cash and due from depository institutions
  • $142,796Interest-bearing balances
  • $645,286Securities
  • $156,236Federal funds sold & reverse repurchase agreements
  • $4,035,747Net loans & leases
  • $54,256Loan loss allowance
  • $83,318Trading account assets
  • $43,494Bank premises and fixed assets
  • $34,793Other real estate owned
  • $215,024Goodwill and other intangibles
  • $99,113Life insurance assets
  • $273,281All other assets
  • $5,702,461Total liabilities and capital
  • $5,131,679Total liabilities
  • $2,963,100Total deposits
  • $2,666,434Interest-bearing deposits
  • $2,963,100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,282Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,100,693Other borrowed funds
  • $15,000Subordinated debt
  • $51,604All other liabilities
  • $570,782Total equity capital
  • $570,782Total bank equity capital
  • $570,782Perpetual preferred stock
  • $0Common stock
  • $10Surplus
  • $548,217Undivided profits
  • Memoranda
  • $22,555Noncurrent loans and leases
  • $942,677Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $222,478Earning assets
  • $0Long-term assets (5+ years)
  • $27,631Average Assets, year-to-date
  • $5,063,383Average Assets, quarterly
  • $1,377,705Volatile liabilities
  • $5,470,490Insider loans
  • $5,716,256FHLB advances
  • $1,354,512Loans and leases held for sale
  • $0Unused loan commitments
  • $2,100,693Tier 1 (core) risk-based capital
  • $75,401Tier 2 risk-based capital
  • $162,261Total risk weighted assets
  • $942,677Total unused commitments
  • $0Restructured Loans and leases
  • $65,160Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $325,256Total interest income
  • $219,461Total interest expense
  • $105,795Net interest income
  • $49,854Provision for loan and lease losses
  • $11,291Total noninterest income
  • $509Fiduciary activities
  • $7,970Service charges on deposit accounts
  • -$2,545Trading account gains & fees
  • $5,357Additional noninterest income
  • $142,549Total noninterest expense
  • $38,551Salaries and employee benefits
  • $8,715Premises and equipment expense
  • $95,283Additional noninterest expense
  • -$75,317Pre-tax net operating income
  • $2,031Securities gains (losses)
  • -$19,724Applicable income taxes
  • -$53,562Income before extraordinary items
  • $0Extraordinary gains - net
  • -$53,562Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $11,882Sale, conversion, retirement of capital stock, net
  • $3,000Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.64%Yield on earning assets
  • 4.48%Cost of funding earning assets
  • 2.16%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 2.91%Noninterest expense to earning assets
  • -1.01%Net operating income to assets
  • -0.98%Return on assets (ROA)
  • -1.34%Pretax return on assets
  • -9.14%Return on equity (ROE)
  • -9.65%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 419.58%Credit loss provision to net charge-offs
  • -2.14%Efficiency ratio
  • 64,301Assets per employee
  • 7.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -5.60%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 24.39%Noncurrent assets plus other real estate owned to assets
  • 4.51%Noncurrent loans to loans
  • 5.44%Net loans and leases to deposits
  • 136.20%Net loans and leases to core deposits
  • 159.70%Equity capital to assets
  • 10.01%Core capital (leverage) ratio
  • 6.70%Tier 1 risk-based capital ratio
  • 9.27%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $5,470,490Average earning assets
  • $586,113Average equity
  • $4,895,037Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $170,717Managed Assets
  • 1Number of Accounts
  • $132,458Personal trust and agency accounts
  • $42,766Employee benefit-defined contribution accounts
  • $77,342Employee benefit-defined benefit accounts
  • $5,900Other retirement accounts
  • $397Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $6,053Non-managed Assets
  • 372Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $38,259Other retirement accounts
  • $22,213Corporate trust and agency accounts
  • $6,241Other fiduciary accounts
  • $5,443Fiduciary accounts held in foreign offices

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