Posted on May 16, 2013
Franklin Synergy Bank
3301 Aspen Grove Drive, # 10
Franklin, TN 37064
General Bank Information
FDIC Insured Yes
FDIC Certificate # 58714
Date Established 2007
Franklin Synergy Bank is an FDIC insured institution located in Franklin, TN. It was founded in 2007 and has approximately $0.58 billion in assets. Customers can open an account via one of its 4 branches.
Franklin Synergy Bank Financial Size
| Assets | $0.58 billion |
| Loans | $0.31 billion |
| Deposits | $0.52 billion |
| Capital | $0.05 billion |
For a more detailed analysis of Franklin Synergy Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Bank Loan Profile?
| % Loans |
% Comparison to Other Banks |
|||
| Low | Med | High | ||
| 1-4 Family Residential Loans | 39.20 | ✓ | ||
| Multifamily Mortgages |
0.27 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.17 | ✓ | ||
| Small Business Loans | 11.08 | ✓ | ||
| Construction and Development Loans | 29.47 | ✓ | ||
| Commercial Real Estate | 21.88 | ✓ | ||
| Commercial and Industrial Loans | 6.54 | ✓ | ||
| Farm Loans | 0.71 | ✓ | ||
The top three loan types in Franklin Synergy Bank’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Commercial Real Estate.
Compared to other banks in Tennessee, Franklin Synergy Bank has a significantly higher percent of Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double
categorization of some loan types. All data from the FDIC.
Additional information about this table.
