On the Move: 19 March 2012

RJ Young hires operations director, BWS&C makes addition, Lipscomb Academy names assistant headmaster, and more ...
Mar 18, 2012 11:00 PM

On the Move: 12 March 2012

Nashville Chamber adds project manager, Skanska welcomes senior VP, BMI brings on board associate director, and more...
Mar 11, 2012 10:18 PM

Asset milestone for Franklin Synergy

Thinking about Middle Tennessee's young and fast-growing community banks, it's easy to focus only on downtown-based CapStar and Avenue. But Franklin Synergy Bank, which opened its doors in late 2007, has been posting its own heady growth numbers and on Thursday announced it has topped $500 million in assets. Since the end of September, President Richard Herrington's team has been adding an average of more than $6 million in assets per week.

Feb 24, 2012 8:09 AM

Franklin Synergy to build fourth branch

Cadence area exec jumps to local community bank
Feb 1, 2012 7:28 AM

Strong numbers from Franklin Synergy

Franklin Synergy Bank posted a fourth-quarter profit of $1.1 million, its highest ever, as the four-year-old lender's deposit base topped $400 million for the first time. For the year, the bank earned $2.7 million, more than double its 2010 number, and grew deposits and loans by 33 and 19 percent, respectively.

"Despite a challenging economic environment, we have achieved good deposit and loan growth as well as a significant increase in our interest margins. Mortgage banking continues to be an important contributor to our profitability and non-performing assets remain at a low level and continue to decline.”

Jan 23, 2012 7:29 AM

Grandson accused of theft, fraud has Chancery ruling on his side

Attorney says aggrieved grandmother 'won't get to take more than one bite of the apple'
Jan 16, 2012 3:02 PM

Suit: Man bilked grandmother out of real estate, cash

Court asked to rectify bank's taking of real estate as loan collateral for grandson
Jan 10, 2012 1:43 PM

Stop, start

Catching up with residential projects stalled by the Great Recession
Jan 5, 2012 7:18 AM
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Franklin Synergy tops $400M in deposits

Franklin Synergy Bank officials announced Thursday the bank has capped its fourth anniversary by crossing the $400 million mark in bank deposits.

The Williamson County-based bank reached the milestone on Dec. 16. 

“Just a year ago, our bank passed the $300 million mark in deposits,” Richard Herrington, Franklin Synergy Bank president, said in a release. “This month brings another wonderful anniversary present for our shareholders, customers and staff.”

When Franklin Synergy began operations in late 2007, it was the smallest of 187 banks headquartered in Tennessee. As 2011 concludes, Franklin Synergy ranks among the 35 largest banks in Tennessee, Herrington said.

“Our deposit growth has outpaced loan growth,” he said. “While our loan portfolio continues to grow, we are actively seeking loan opportunities in the community.”  

Franklin Synergy opened its third office in 2010, in what is now a full-service branch in Brentwood. 

Dec 29, 2011 7:05 AM

On the move: 12 December 2011

Pathway lending adds chief development officer, BNA hires two, Williamson Medical Center welcomes CIO, and more...
Dec 11, 2011 11:01 PM