| Franklin Bank National Association (FSVB:NASDAQ)
At $528.0 million in assets, Franklin Bank is the only independent
commercial bank headquartered in Oakland County with assets
between $200 million and $10 billion. Headquartered in Southfield,
the Bank primarily serves the Oakland County and the Grosse
Pointe communities in southeastern Michigan. The Bank conducts
business through three banking offices in Southfield, Birmingham
and Grosse Pointe Woods and one business center branch in Southfield
catering exclusively to business customers. The Bank also provides
an increasing selection of alternative delivery systems. |
|
Approximate Employees: 203
FYE 12/31
|
2001
|
2000
|
1999
|
1998
|
|
Total Interest Income ($000)
|
38,809
|
40,789
|
36,651
|
39,800
|
|
Net Income ($000)
|
6,840
|
117
|
2,956
|
2,629
|
|
Net Income Percent Change (%)
|
5746.15
|
na
|
12.44
|
28.75
|
|
Profit Margin (%)
|
17.62
|
0.29
|
8.07
|
6.61
|
|
Shareholders Equity ($000)
|
42,179
|
35,288
|
33,066
|
33,284
|
|
Return Shareholders Equity (%)
|
19.38
|
0.35
|
8.88
|
8.33
|
|
Shareholders Equity/Share
|
11.46
|
9.89
|
9.21
|
9.16
|
|
Earnings per share
|
1.86
|
0.03
|
0.83
|
0.72
|
|
Dividends per share
|
0.28
|
0.28
|
0.28
|
0.21
|
|
Shares Outstanding (000)
|
3,679
|
3,567
|
3,589
|
3,635
|
|
Company reported for the second quarter
ended 6/30/02 earnings of $1,596,628 or $0.42 per share on
total interest income of $8,524,663 vs. earnings of $1,741,213
or $0.47 per share on total interest income of $9,839,407
for the same period last year.
Company reported for the six months ended
6/30/02 earnings of $3,210,994 or $0.85 per share on total
interest income of $17,151,263 vs. earnings of $3,279,050
or $0.90 per share on total interest income of $19,965,373
for the same period last year.
|
| COMPANY CONTACT: |
Theresa M. Bakos; Investor
Relations Liaison |
| |
(248) 358-4710 |
|
|
