Franklin Templeton Bank and Trust, F.S.B. in Salt Lake City, Utah (UT), CA
Table of contents:
| Franklin Templeton Bank and Trust, F.S.B. | |
|---|---|
| General | FDIC Certificate #: 22087 Status: Active Federal Reserve ID: 189866 Bank Holding Company (Regulatory Top Holder): Franklin Resources, Inc. (RSSDID: 1246216, Location: San Mateo, CA) Date Established: August 08, 1975 WWW: http://www.ftbank.com Trust Powers Granted: Yes Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 2 (Domestic: 2, Interstate: Yes) OTS Docket #: 15952 FDIC's unique #: 15337 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: Consumer Lending Specialization Date of Deposit Insurance: August 08, 1975 Last Structure Change Effective Date: Febuary 15, 2012 Last Structure Change Process Date: Febuary 15, 2012 Last Data Update: Febuary 15, 2012 Data Source Date: April 05, 2012 |
| Location | Address: 47 West 200 South, Suite 500, Salt Lake City, UT 84101 County: Salt Lake Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: New York FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160) Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482) Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620) CBSA Metro Statistical Area: Salt Lake City, UT (#41620) |
| Financial Summary | Total assets: $315.3 mil Equity capital: $37.6 mil Deposits held in domestic offices: $206.5 mil Return on assets (ROA): 0.80% ($2.5 mil) Quarterly return on assets: 1.10% ($3.5 mil) Return on Equity (ROE): 7.20% ($2.7 mil) Quarterly return on equity: 9.47% ($3.6 mil) Net income: $2.6 mil Quarterly Net income: $0.9 mil Pretax return on assets: 1.31% ($4,130.7 mil) Quarterly Pretax return on assets: 1.79% ($5,644.3 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 33 |
| Total assets | $315,322 |
| Cash and due from depository institutions | $29,733 |
| Interest-bearing balances | $28,133 |
| Securities | $70,850 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $206,083 |
| Loan loss allowance | $2,329 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $54 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $8,602 |
| Life insurance assets | $315,322 |
| Total liabilities and capital | $277,758 |
| Total liabilities | $206,486 |
| Total deposits | $190,797 |
| Interest-bearing deposits | $206,486 |
| Deposits held in domestic offices | $56 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $69,000 |
| Other borrowed funds | $0 |
| Subordinated debt | $2,272 |
| All other liabilities | $37,564 |
| Total equity capital | $37,564 |
| Total bank equity capital | $37,564 |
| Perpetual preferred stock | $9,500 |
| Common stock | $4,939 |
| Surplus | $11,129 |
| Undivided profits | $11,996 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $2,339 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $842 |
| Average Assets, year-to-date | $305,066 |
| Average Assets, quarterly | $0 |
| Volatile liabilities | $327,222 |
| Insider loans | $322,143 |
| FHLB advances | $213,811 |
| Loans and leases held for sale | $313,733 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $36,729 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $46,994 |
| Derivatives | $4,369 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $14,216 |
| Total interest expense | $5,510 |
| Net interest income | $8,706 |
| Provision for loan and lease losses | $1,693 |
| Total noninterest income | $5,156 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $96 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $5,060 |
| Total noninterest expense | $8,230 |
| Salaries and employee benefits | $3,868 |
| Premises and equipment expense | $985 |
| Additional noninterest expense | $3,377 |
| Pre-tax net operating income | $3,939 |
| Securities gains (losses) | $333 |
| Applicable income taxes | $1,646 |
| Income before extraordinary items | $2,626 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $2,626 |
| Net charge-offs | $0 |
| Cash dividends | $2,626 |
| Sale, conversion, retirement of capital stock, net | $2,371 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.50% |
| Cost of funding earning assets | 1.74% |
| Net interest margin | 2.75% |
| Noninterest income to earning assets | 1.63% |
| Noninterest expense to earning assets | 2.60% |
| Net operating income to assets | 0.74% |
| Return on assets (ROA) | 0.80% |
| Pretax return on assets | 1.31% |
| Return on equity (ROE) | 7.20% |
| Retained earnings to average equity (YTD only) | 7.20% |
| Net charge-offs to loans | 1.07% |
| Credit loss provision to net charge-offs | 71.40% |
| Efficiency ratio | 2.38% |
| Assets per employee | $59,371 |
| Cash dividends to net income (YTD only) | 9.56% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 1.12% |
| Noncurrent assets plus other real estate owned to assets | 99.57% |
| Noncurrent loans to loans | 0.74% |
| Net loans and leases to deposits | 1.12% |
| Net loans and leases to core deposits | 99.80% |
| Equity capital to assets | 153.69% |
| Core capital (leverage) ratio | 11.91% |
| Tier 1 risk-based capital ratio | 11.71% |
| Total risk-based capital ratio | 17.18% |
| Memoranda | |
| Average assets | $18 |
| Average earning assets | $327,222 |
| Average equity | $36,452 |
| Average loans | $316,075 |
| Total Fiduciary and Related Assets (December 31, 2011) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $485,766 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 3674 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $485,766 |
| Corporate trust and agency accounts | $218,070 |
| Other fiduciary accounts | $267,696 |
| Fiduciary accounts held in foreign offices | $0 |
| 1 California Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 6 | 18361 | San Mateo Branch | 970 Park Place, San Mateo, CA 94403 | December 15, 1983 | Full Service Brick and Mortar |  |
| 1 Utah Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 15337 | Franklin Templeton Bank And Trust, F.S.b. | 47 West 200 South, Suite 500, Salt Lake City, UT 84101 | August 08, 1975 | Full Service Brick and Mortar |  |
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