A Minnesota-based chain of restaurants/brewpubs is expanding into Tennessee and plans to open this summer adjacent to the new Drury Plaza Hotel off Interstate 65 in Cool Springs. Kevin Walters reports that the $100 million chain is eyeing other Middle Tennessee locations. Check out the company's website here.
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.
In September, the fund bought more than 1 million BMTI shares, bringing its stake in the company to 5.3 percent. According to a recent filing with the SEC, that percentage has fallen to 4.
- BRASWELL, ROBERT
- GARRETT, JOHNNY C EXECUTOR; GARRETT, JOHNNY C IV EXECUTOR; GARRETT, ANN BIGGER ESTATE; GARRETT, TIMOTHY M EXECUTOR
- GARRETT, TIMOTHY M EXECUTOR; GARRETT, ANN BIGGER ESTATE; GARRETT, JOHNNY C EXECUTOR; GARRETT, JOHNNY C IV EXECUTOR
- GARRETT, JOHNNY C IV EXECUTOR; GARRETT, JOHNNY C EXECUTOR; GARRETT, ANN BIGGER ESTATE; GARRETT, TIMOTHY M EXECUTOR