Franklin Community Bank, National Association

Headquarters

400 Old Franklin Turnpike, Suite 100
Rocky Mount, VA 24151
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Franklin Community Bank, National Association is an FDIC insured institution located in Rocky Mount, VA. It was founded in 2002 and has approximately $0.16 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57259
Date Established 2002
Assets $ 166.67 million
Loans $ 125.52 million
Deposits $ 140.67 million
Capital $ 23.95 million
 

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

Deposit Rates - September 18, 2020

Your Current Location: Washington, WA 98109


Loan Rates - September 18, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Franklin Community Bank, National Association

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




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.815% 2.750% 0.88 $2,120 $1,021 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
3.500 %
$25,000 Learn More
More Info

Note to Franklin Community Bank, National Association
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Branches

Franklin Community Bank, National Association 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:
Seattle,Washington


Franklin Community Bank, National Association Locations


Financial Details

Franklin Community Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Franklin Community Bank, National Association. 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 Community Bank, National Association U.S. Bank Average
11.02% 6.94%

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, 2020, Franklin Community Bank, National Association had $2,696,000 in non-current loans and $186,000 in owned real estate. To cover these potential losses it had $23,954,000 in equity and $2,205,000 in loans loss reserves. That gives it a Texas Ratio of 11.02%.

Return on Equity
Franklin Community Bank, National Association U.S. Bank Average
5.13% 7.80%

Franklin Community Bank, National Association has a Return on Equity of 5.13% versus the BestCashCow average of 7.80%. 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 Community Bank, National Association U.S. Bank Average
14.37% 12.68%

Franklin Community Bank, National Association has a Capitalization of 14.37% versus the BestCashCow average of 12.68. 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 Community Bank, National Association Balance Sheet Analysis

As of September 30, 2014, Franklin Community Bank, National Association had assets of $163,642,000, loans of $125,518,000, and deposits of $140,665,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 125.52 million
Loan loss allowance $ 2.21 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.19 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 140.67 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 166.67 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Franklin Community Bank, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Virginia, Franklin Community Bank, National Association has a significantly higher percent of Small Business Loans, 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 38.10
Multifamily
Mortgages
2.94
Credit Card Loans 0.00
Consumer Auto Loans 0.29
Small Business Loans 23.42
Construction and Development Loans 13.00
Commercial Real Estate 38.15
Commercial and Industrial Loans 8.27
Farm Loans 0.00

Frequently Asked Questions About Franklin Community Bank, National Association

Branches and Savings

Is Franklin Community Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #57259.

Why does Franklin Community Bank, National Association pay such low interest on savings accounts?

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

Why are Franklin Community Bank, National Association CD rates not competitive?

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

Is Franklin Community Bank, National Association a commercial bank?

Yes

Where are Franklin Community Bank, National Association locations?

See branch locations nearby.

Is Franklin Community Bank, National Association open on Saturdays?

Is Franklin Community Bank, National Association open on Sundays?

What time does Franklin Community Bank, National Association open?

What time does Franklin Community Bank, National Association close?

Are Franklin Community Bank, National Association ATMs Open 24/7?

Do Franklin Community Bank, National Association ATMs accept cash deposits?

Can Franklin Community Bank, National Association customers use other ATMs?

Do Franklin Community Bank, National Association branches have notaries?

Will Franklin Community Bank, National Association notarize my document?

What address for Franklin Community Bank, National Association should I put for incoming ACH transfers?

Will the Franklin Community Bank, National Association branch print checks?

Do Franklin Community Bank, National Association checks expire?

Does Franklin Community Bank, National Association require US citizenship to open account?

Can Franklin Community Bank, National Association close my account?

Does Franklin Community Bank, National Association Report to credit bureaus?

Does Franklin Community Bank, National Association Use Equifax?

What is Franklin Community Bank, National Association's ACH Routing Number?

What is Franklin Community Bank, National Association's SWIFT code?

Products

Does Franklin Community Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Franklin Community Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Franklin Community Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Franklin Community Bank, National Association offer student loans?

Will Franklin Community Bank, National Association cash a check?

Will Franklin Community Bank, National Association redeem a savings bond?

Does Franklin Community Bank, National Association cash savings bonds?

Will Franklin Community Bank, National Association cash money orders?

Can Franklin Community Bank, National Association issue a money order?

Does Franklin Community Bank, National Association do currency exchange?

Background on The Bank

Who owns Franklin Community Bank, National Association?

How long has Franklin Community Bank, National Association been around?

Can Franklin Community Bank, National Association transfer to other banks?

Does Franklin Community Bank, National Association have quick pay?

Does Franklin Community Bank, National Association accept rolled coins?

Will Franklin Community Bank, National Association accept loose change?

Where is Franklin Community Bank, National Association headquarters?

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