$5.1B
total assets, September 30, 2008
Franklin Bank, S.S.B. was a state savings bank in Houston, TX. It failed on Nov 7, 2008, and Prosperity Bank took over its deposits. At its last report it held $5.1 billion in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2008
This bank failed
- Failed on
- Nov 7, 2008
- Assets
- $5.1B
- Deposits
- $3.7B
- Estimated cost
- $614M
- Deposits went to
- Prosperity Bank, El Campo, TX
Total assets
$5.1B
-11.2% in a year · -8.7% in a quarter
Deposits
$3.7B
+27.2% in a year · -0.8% in a quarter
Loans
$3.5B
-16.5% in a year · -6.5% in a quarter
Profit so far
-$383M
Jan 1 to Sep 30, 2008 · -2093.4% in a year
Capital ratio
2.11%
-4.94 pts in a year
Return on assets
-9.17%
-9.65 pts in a year
Facts
- Type
- State savings bank
- Head office
- 9800 Richmond Avenue, Suite 680, Houston, TX, 77042
- County
- Harris
- Established
- Jan 8, 1987
- Failed
- Nov 7, 2008
- Employees
- 659
- Branches
- 46
- Id
- b26870
Quarter by quarter
March 31, 1987 to September 30, 2008
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Franklin Bank, S.S.B.?
$5.1 billion in total assets and $3.7 billion in deposits as of September 30, 2008, with assets down 11.2% from a year before. Its loans were $3.5 billion.
How many branches does Franklin Bank, S.S.B. have?
46 branches in Texas as of June 30, 2026.
Is Franklin Bank, S.S.B. profitable?
No: it lost $383.3 million from January 1 to September 30, 2008. Its return on assets was -9.17% a year; about 1% is typical.
When did Franklin Bank, S.S.B. fail?
Nov 7, 2008. Prosperity Bank of El Campo, TX took over its deposits. The estimated cost of the failure was $614.1 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.