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Franklin Synergy taking $7.5M bad loan hit

NASHVILLE POST The leaders of Franklin Synergy Bank are charging off $7.5 million of their exposure to a large loan relationship they share with a group of other lenders. Franklin Synergy’s parent company, Franklin Financial Network, earlier this year booked a loss provision of $3.5 million due to the unidentified borrower’s failure to keep up

By | 2019-07-23T17:23:35-05:00 July 23rd, 2019|Categories: Business|Tags: , |0 Comments