Earnings wrap: AmSurg, Franklin Synergy

Surgery center chain ticks up guidance; community bank reports flat bottom line
Oct 23, 2013 1:20 PM

Franklin Synergy parent eyes $15M raise

Franklin Synergy Bank President Richard Herrington is looking to raise $15 million from institutional investors before the end of the year to lay the foundations for the six-year-old bank's next growth spurt. The bank's leaders are starting to prepare for an initial public offering but want to wait until they get close to $1 billion in assets. At its recent growth pace, the bank should get in the vicinity of that number by 2016.

Oct 3, 2013 11:23 AM

Franklin Synergy parent recruits Synovus exec

Risk manager was member of Bank of Nashville operating committee, worked at Kraft
Sep 30, 2013 6:53 AM

Local SBLF participants post slower loan growth

Three out of four still paying lowest possible interest rate in Treasury program
Jul 25, 2013 2:47 PM

Earnings wrap: AmSurg, Franklin Synergy

Surgery center chain hikes guidance, bank’s net interest margin climbing
Jul 24, 2013 6:46 AM

Community First VP jumps to Franklin Synergy

Veteran local banker Tommy Adair has joined Franklin Synergy Bank as vice president and credit department manager. Adair comes to Franklin Synergy from struggling Community First, which has been shrinking its asset base to comply with regulators' capital level mandates. He started his finance career at the former Williamson County Bank.

Jun 18, 2013 12:51 PM

Earnings wrap: AmSurg, Franklin Synergy

Surgery center chain hits mark; community lender's profits up 24%
Apr 24, 2013 6:53 AM

Updating local lenders' SBLF numbers

Three of the four Nashville-area banks taking part in the U.S. Treasury Small Business Lending Fund continued to post strong growth numbers in the fourth quarter, according to a report issued by the agency last week. Avenue Bank's small-biz book grew almost 12 percent during the quarter to $129 million, while InsBank's portfolio grew by more than 25 percent to $49 million. Growing a bit more slowly was Franklin Synergy Bank, which added 8 percent to $31.5 million. The lenders at Sumner Bank & Trust, meanwhile, were in a holding pattern at about $30.5 million. (Click here for Q3 numbers.)

Nationally, SBLF banks have lent almost $9 billion to companies since the program launched in late 2010. Institutions in the Southeast have been particularly active.

Apr 8, 2013 9:46 AM

Franklin Synergy adds biz-focused SVP

Lender moves over from Fifth Third
Mar 11, 2013 10:48 AM

Local banks thrive on capital from Small Business Lending Fund

Avenue, Franklin Synergy, InsBank, Sumner B&T have success with federal program
Mar 10, 2013 10:33 PM