Franklin Bank & Trust Company

Headquarters

317 North Main Street
Franklin, KY 42134
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.85% →
1-Year CD 0.55% 0.80% →
2-Year CD 0.85% 0.80% →
5-Year CD 1.10% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Franklin Bank & Trust Company is an FDIC insured institution located in Franklin, KY. It was founded in 1958 and has approximately $0.66 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 17937
Date Established 1958
Assets $ 663.40 million
Loans $ 537.67 million
Deposits $ 542.11 million
Capital $ 75.13 million
 

For a more detailed analysis of Franklin Bank & Trust Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 23, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.55% $10,000 - Learn More
18 Mo CD
0.55% $10,000 $14,999 Learn More
18 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.80% $10,000 $14,999 Learn More
24 Mo CD
0.85% $100,000 $199,999 Learn More
30 Mo CD
0.80% $10,000 $14,999 Learn More
30 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More
48 Mo CD
0.90% $10,000 $14,999 Learn More
48 Mo CD
0.95% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.10% $100,000 $199,999 Learn More

Variable IRA Rates APY MIN MAX
12 Mo VIRA
0.50% $10,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - September 23, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Franklin Bank & Trust Company

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.475% 3.375%
0.75 points
$3,125 fees
$1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Franklin Bank & Trust Company
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Franklin Bank & Trust Company branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Franklin Bank & Trust Company Locations


Financial Details

Franklin Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Franklin Bank & Trust Company. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Franklin Bank & Trust Company U.S. Bank Average
0.95% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, Franklin Bank & Trust Company had $368,000 in non-current loans and $406,000 in owned real estate. To cover these potential losses it had $75,134,000 in equity and $6,536,000 in loans loss reserves. That gives it a Texas Ratio of 0.95%.

Return on Equity
Franklin Bank & Trust Company U.S. Bank Average
9.94% 11.43%

Franklin Bank & Trust Company has a Return on Equity of 9.94% versus the BestCashCow average of 11.43%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Franklin Bank & Trust Company U.S. Bank Average
11.33% 11.51%

Franklin Bank & Trust Company has a Capitalization of 11.33% versus the BestCashCow average of 11.51. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Franklin Bank & Trust Company Balance Sheet Analysis

As of March 31, 2021, Franklin Bank & Trust Company had assets of $663,395,000, loans of $537,667,000, and deposits of $542,108,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 91.50 million
Interest-bearing balances $ 77.72 million
Total securities $ 2.26 million
Federal funds sold and reverse repurchase $ 1.09 million
Net loans and leases $ 537.67 million
Loan loss allowance $ 6.54 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.41 million
Goodwill and other intangibles N.A.
All other assets $ 20.66 million
     Total Assets $ 588.26 million
LIABILITIES
Total deposits $ 542.11 million
      Interest-bearing deposits $ 394.25 million
      Deposits held in domestic offices $ 542.11 million
      % insured (estimated) 70.13%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 42.53 million
Subordinated debt N.A.
All other liabilities $ 3.62 million
      Total Liabilities $ 588.26 million
      Shareholders’ Equity $ 75.13 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 5.92 million
Total Interest Expense $ 0.86 million
Net interest income $ 5.06 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.70 million
Total non interest expense $ 3.32 million
Pre-tax Net Operating Income $ 2.41 million

Bank Loan Profile?

The top three loan types in Franklin Bank & Trust Company’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Kentucky, Franklin Bank & Trust Company has a significantly higher percent of Commercial and Industrial 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 18.29
Multifamily
Mortgages
4.19
Credit Card Loans 0.00
Consumer Auto Loans 0.39
Small Business Loans 0.00
Construction and Development Loans 9.95
Commercial Real Estate 28.83
Commercial and Industrial Loans 30.75
Farm Loans 0.71

Frequently Asked Questions About Franklin Bank & Trust Company

Branches and Savings

Is Franklin Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #17937.

Why does Franklin Bank & Trust Company pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Franklin Bank & Trust Company CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Franklin Bank & Trust Company a commercial bank?

Yes

Where are Franklin Bank & Trust Company locations?

See branch locations nearby.

Is Franklin Bank & Trust Company open on Saturdays?

Is Franklin Bank & Trust Company open on Sundays?

What time does Franklin Bank & Trust Company open?

What time does Franklin Bank & Trust Company close?

Are Franklin Bank & Trust Company ATMs Open 24/7?

Do Franklin Bank & Trust Company ATMs accept cash deposits?

Can Franklin Bank & Trust Company customers use other ATMs?

Do Franklin Bank & Trust Company branches have notaries?

Will Franklin Bank & Trust Company notarize my document?

What address for Franklin Bank & Trust Company should I put for incoming ACH transfers?

Will the Franklin Bank & Trust Company branch print checks?

Do Franklin Bank & Trust Company checks expire?

Does Franklin Bank & Trust Company require US citizenship to open account?

Can Franklin Bank & Trust Company close my account?

Does Franklin Bank & Trust Company Report to credit bureaus?

Does Franklin Bank & Trust Company Use Equifax?

What is Franklin Bank & Trust Company's ACH Routing Number?

What is Franklin Bank & Trust Company's SWIFT code?

Products

Does Franklin Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Franklin Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Franklin Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Franklin Bank & Trust Company offer student loans?

Will Franklin Bank & Trust Company cash a check?

Will Franklin Bank & Trust Company redeem a savings bond?

Does Franklin Bank & Trust Company cash savings bonds?

Will Franklin Bank & Trust Company cash money orders?

Can Franklin Bank & Trust Company issue a money order?

Does Franklin Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Franklin Bank & Trust Company?

How long has Franklin Bank & Trust Company been around?

Can Franklin Bank & Trust Company transfer to other banks?

Does Franklin Bank & Trust Company have quick pay?

Does Franklin Bank & Trust Company accept rolled coins?

Will Franklin Bank & Trust Company accept loose change?

Where is Franklin Bank & Trust Company headquarters?

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