Franklin Security Bank in Plains Township, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Franklin Security Bank in Plains Township, Pennsylvania (PA)
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Franklin Security Bank - Overview

  • General
  • FDIC Certificate #: 35113
    Status: Active
    Federal Reserve ID: 2850740
    Date Established: September 17, 1999
    WWW: http://www.franklinsecuritybank.net
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 16631
    FDIC's unique #: 74902
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: September 17, 1999
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1065 Highway 315 Suite 101, Plains Township, PA 18702
    County: Luzerne
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Scranton--Wilkes-Barre--Hazleton, PA (#7560)
    Core Based Statistical Area (CBSA): Scranton-Wilkes-Barre, PA (#42540)
    CBSA Metro Statistical Area: Scranton-Wilkes-Barre, PA (#42540)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $213.0 mil
    Equity capital: $25.4 mil
    Deposits held in domestic offices: $142.7 mil
    Return on assets (ROA): 0.11% ($0.2 mil)
    Quarterly return on assets: 0.09% ($0.2 mil)
    Return on Equity (ROE): 1.03% ($0.3 mil)
    Quarterly return on equity: 0.78% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.22% ($468.5 mil)
    Quarterly Pretax return on assets: 0.12% ($255.6 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, 2011)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $212,959Total assets
  • $3,657Cash and due from depository institutions
  • $2,404Interest-bearing balances
  • $69,579Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $131,067Net loans & leases
  • $1,272Loan loss allowance
  • $0Trading account assets
  • $476Bank premises and fixed assets
  • $345Other real estate owned
  • $1,344Goodwill and other intangibles
  • $212,959Life insurance assets
  • $6,491All other assets
  • $187,557Total liabilities and capital
  • $142,727Total liabilities
  • $136,747Total deposits
  • $142,727Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $40,581Trading liabilities
  • $0Other borrowed funds
  • $4,249Subordinated debt
  • $25,402All other liabilities
  • $25,402Total equity capital
  • $25,402Total bank equity capital
  • $0Perpetual preferred stock
  • $700Common stock
  • $21,669Surplus
  • $3,033Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,183Income earned, not collected on loans
  • $0Earning assets
  • $757Long-term assets (5+ years)
  • $203,050Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $203,719Volatile liabilities
  • $210,803Insider loans
  • $146,582FHLB advances
  • $212,035Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $24,646Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,477Restructured Loans and leases
  • $1,200Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,460Total interest income
  • $3,113Total interest expense
  • $5,347Net interest income
  • $625Provision for loan and lease losses
  • $329Total noninterest income
  • $0Fiduciary activities
  • $17Service charges on deposit accounts
  • $0Trading account gains & fees
  • $312Additional noninterest income
  • $5,298Total noninterest expense
  • $3,089Salaries and employee benefits
  • $894Premises and equipment expense
  • $1,315Additional noninterest expense
  • -$247Pre-tax net operating income
  • $704Securities gains (losses)
  • $235Applicable income taxes
  • $222Income before extraordinary items
  • $0Extraordinary gains - net
  • $222Net income attributable to bank
  • $0Net charge-offs
  • $222Cash dividends
  • $610Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.37%Yield on earning assets
  • 1.61%Cost of funding earning assets
  • 2.76%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • -0.11%Net operating income to assets
  • 0.11%Return on assets (ROA)
  • 0.22%Pretax return on assets
  • 1.03%Return on equity (ROE)
  • 1.03%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 102.46%Credit loss provision to net charge-offs
  • 0.62%Efficiency ratio
  • 92,777Assets per employee
  • 5.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.96%Loss allowance to noncurrent loans
  • 107.52%Noncurrent assets plus other real estate owned to assets
  • 0.72%Noncurrent loans to loans
  • 0.89%Net loans and leases to deposits
  • 91.83%Net loans and leases to core deposits
  • 141.39%Equity capital to assets
  • 11.93%Core capital (leverage) ratio
  • 11.62%Tier 1 risk-based capital ratio
  • 16.81%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $203,719Average earning assets
  • $21,455Average equity
  • $193,509Average loans

List of branches

  • 2 Pennsylvania Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    074902Franklin Security Bank1065 Highway 315 Suite 101, Plains Township, PA 18702September 17, 1999Full Service Brick and Mortar
    1520796Scranton Branch139 Wyoming Ave, Scranton, PA 18503May 09, 2011Full Service Brick and Mortar

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