Form 8-K Franklin Financial Netwo For: Oct 28

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October 28, 2015 9:02 AM EDT

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 28, 2015

FRANKLIN FINANCIAL NETWORK, INC.

(Exact name of registrant as specified in charter)

Tennessee

001-36895

20-8839445

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

722 Columbia Avenue, Franklin, Tennessee 37064

(Address of Principal Executive Offices)

615-236-2265

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, If Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01.

Regulation FD Disclosure.

On October 28, 2015, Franklin Financial Network, Inc. (the “Company”) will make a presentation to its investors concerning the Company’s consolidated financial results for the third quarter of 2015 (the “Presentation”). A copy of the Presentation is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Pursuant to the rules and regulations of the Securities and Exchange Commission, the information in this Item 7.01 disclosure, including Exhibit 99.1 and the information set forth therein, is deemed to have been furnished and shall not be deemed to be “filed” under the Securities Exchange Act of 1934.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.


Exhibit Number		Description

99.1		Presentation for Third Quarter Investor Conference Call

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 28, 2015


FRANKLIN FINANCIAL NETWORK, INC.

By:		/s/ Sally P. Kimble
		Sally P. Kimble
		Executive Vice President, Chief Financial Officer and Chief Administrative Officer

EXHIBIT INDEX


Exhibit Number		Description

99.1		Presentation for Third Quarter Investor Conference Call

Franklin Financial Network, Inc.

(NYSE: FSB)

Third Quarter 2015

Investor Call

October 28, 2015

Exhibit 99.1

Forward-Looking Statements

Except for the historical information contained herein, this presentation contains forward-looking statements

within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities

Exchange Act of 1934, as amended. The forward-looking statements include, among other things, statements

regarding intent, belief or expectations of the Company and can be identified by the use of words such as "may,"

"will," "should," "would," "assume," "outlook," "seek," "plan," "believe," "expect," "anticipate," "intend," "estimate,"

"forecast," and other comparable terms. The Company intends that all such statements be subject to the “safe

harbor” provisions of those Acts. Because forward-looking statements involve risks and uncertainties, actual

results may differ materially from those expressed or implied. Investors are cautioned not to place undue reliance

on these forward-looking statements and are advised to carefully review the discussion of forward-looking

statements and risk factors in documents the Company files with the Securities and Exchange Commission. The

Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a

result of new information, future events or otherwise.

Franklin Financial Network

Trading Symbol: FSB (NYSE)

Primary Subsidiary: Franklin Synergy Bank

Bank opened in November 2007

Located 15 miles south of Nashville

Headquarter county, Williamson, TN, among wealthiest in nation

Recent News

September 30, 2015: Surpassed $2 billion total assets milestone

April 27, 2015: FSB added Nashville-based Healthcare Banking team

March 31, 2015: FSB completed IPO, raising $55 million in capital

July 1, 2014: FSB acquired MidSouth Bank in Murfreesboro, Tennessee

3Q 2015 Financial Highlights

Earnings

Net income: record earnings for 3Q15

Earnings per share: increased in 3Q15

Most profitable quarter in the history of the Company

Growth

Continued robust loan growth: 52.8% (3Q 2015 vs. 3Q 2014)

Asset Quality

Excellent and continuing to improve

FSB Earnings

FSB Net Income –

Quarterly and Year-to-Date

Quarterly

3Q 2015

2Q 2015

% Growth

3Q 2014

% Growth

Net Income

$5,150

$3,134

64.3%

$2,015

155.6%

Year-to-Date

3Q 2015

3Q 2014

% Growth

Net Income

$11,416

$5,579

104.6%

FSB Earnings

Quarterly

3Q 2015

2Q 2015

% Growth

3Q 2014

% Growth

Earnings

Per Share

$0.49

$0.30

63.3%

$0.26

88.5%

Year-to-Date

3Q 2015

3Q 2014

% Growth

Earnings

Per Share

$1.17

$0.94

24.5%

Items Significantly Impacting 3Q 2015 Net Income

One-time item: full payoff received on purchased credit-impaired loan

relationship ($1.2 million, pre-tax)

Continued maturation of bank: interest-adjusted revenues significantly

outpacing growth of operating expenses

Investment in Nashville-based healthcare banking team rewarding: loan

growth of $64.2 million in third quarter 2015

Leverage of new capital completed by purchasing investment securities

during 2Q 2015 and 3Q 2015

FSB Profitability

FSB Profitability

FSB Value

FSB Loan Growth

Loan Growth Rates (End of Period Loans)

3Q 2015 vs. 3Q 2014

$393.6 million, or 52.8%

3Q 2015 vs. 4Q 2014

$332.8 million, or 55.2% (annualized)

3Q 2015 vs. 2Q 2015

$159.5 million, or 64.6% (annualized)

Loan Growth Emphasis

All major categories of loans contributing to loan growth

Business loans grew 215.5% (vs. 3Q2014)

Healthcare unit grew $64.2 million during 3Q2015

Real estate loans (excluding loans held for sale) grew 39.7% (vs.

3Q2014)

Local residential construction continues strong

Investor real estate opportunities continue

FSB Deposit Growth

3Q 2015 vs. 3Q 2014

$663 million, or 63.1%

3Q 2015 vs. 4Q 2014

$542 million, or 61.9% (annualized)

3Q 2015 vs. 2Q 2015

$223 million, or 59.2% (annualized)

FSB Investment Portfolio Growth

Investment Portfolio Growth

Elevated growth in 2Q 2015 and 3Q 2015 reflects Bank’s capital

leverage program

FSB Asset Quality

FSB Asset Quality

*National peer is the peer group assigned by the banking regulatory agencies based on various factors, such as asset size, number of branch locations, geographical

location, etc., and is used for statistical comparison by regulators and bank management.

†

Texas Ratio = Nonperforming Assets / (Total Equity Capital + Allowance for Loan and Lease Losses)

†