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Washington Avenue Office
525 Washington Ave N
Minneapolis, MN 55401
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Phone: (612) 874-6000
Fax: (612) 874-7978
Blaisdell Avenue Office
2100 Blaisdell Avenue S
Minneapolis, MN 55404
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Phone: (612) 874-6000
Fax: (612) 874-4370
Lake Street Office
1527 E Lake Street
Minneapolis, MN 55407
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Phone: (612) 874-6000
ATM/Debit Card after hours lost/stolen card phone number: 1-800-535-8440




ABOUT US
Annual Report
Growing to serve the urban community.
2005 Statement of Condition

Message from the President

On behalf of the shareholders and employees, I am please to report on Franklin Bank’s activities and financial condition for the year ending December 31, 2005.

We ended 2005 with total assets of $122,728,000. Our small business and non-profit customers continue to be the cornerstone of our lending activity, which ended at $87,173,000 for the year. We had a very successful year with deposit growth, reporting a 20% increase over the previous year to end the year at $106,108,000. This far exceeded our industry peers’ average of 6-10%.

Equal to our financial success are other noteworthy accomplishments. Our mission of being “The Leader in Improving Our Urban Community” continues to bring us opportunities to forge new relationships with key community partners – public and private – to build affordable housing, create livable wage jobs through supporting small businesses and assist in youth development initiatives.

For 17 years, we have participated in the MN Keystone Program, in which we contributed cash and services totaling over 5% of our pre-tax earnings to social and charitable organizations in our community to help improve the quality of life for our inner city residents. In addition, we took special initiatives to help the victims of hurricanes Katrina and Rita. I would like to thank all of you who contributed to those efforts.


"On a daily basis, our lenders and other staff are looking for and finding ways to help customers build businesses, restore homes, revitalize neighborhoods and create jobs."
— Dorothy Bridges, President
Franklin Bank


Most sincerely, I want to thank you for choosing Franklin Bank as your financial partner. As we prepare for the new challenges in our industry and our community, we look forward to serving you and to making a difference in our community.

Kindest regards,

Dorothy J. Bridges
CEO & President
   
Copyright © 2008 Franklin National Bank



On October 3, 2008, FDIC deposit insurance temporarily increased
from $100,000 to $250,000 per depositor through December 31, 2009

Franklin National Bank has opted in to allow for FDIC deposit insurance
for 100% of the balances on all non-interest bearing checking
accounts through December 31, 2009.