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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

Franklin Synergy bank reports lower profits, growth in loans in quarter when CEO departed

By MATT BLOIS Franklin Financial Network, the parent company of Franklin Synergy Bank, reported lower profits in the first quarter of 2019 compared to the same period last year. Towards the end of the quarter, former CEO Richard Herrington retired. Former Franklin Synergy COO Kevin Herrington—Richard Herrington’s son—also resigned. Both will remain with the bank

By | 2019-05-02T17:54:48-05:00 May 3rd, 2019|Categories: Business, BW-Money|Tags: |Comments Off on Franklin Synergy bank reports lower profits, growth in loans in quarter when CEO departed

Franklin Financial Network and Tractor Supply prepare to release fourth quarter financial results

By MATT BLOIS Franklin Financial Network Release: January 23 Webcast: January 24 Tractor Supply Company Release: January 31 Webcast January 31 Franklin Financial Network and Tractor Supply Company plan to release their financial results for the fourth quarter before the end of the month. Local banking company company, Franklin Financial Network plans to release its

By | 2019-01-22T20:56:41-05:00 January 23rd, 2019|Categories: Business, BW-News|Tags: , |Comments Off on Franklin Financial Network and Tractor Supply prepare to release fourth quarter financial results