Connecticut Employee Stock Ownership Plan of Franklin Savings Bank - Detailed
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How to fill out Employee Stock Ownership Plan Of Franklin Savings Bank - Detailed?
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Total assets ended 2022 at nearly $1.3 billion, growing $47 million over 2021. Our loan portfolio grew by 11.7% to $725 million. In 2022, the bank originated $340 million in loans to individuals, businesses and municipalities across our market.
For additional information contact Darrell Rains, Chief Financial Officer, at (803) 641-3000. >> Total assets increased $80.2 million, or 6.2%, during the year to $1.4 billion at December 31, 2022.
Two exceptional employees who exemplify capability, dedication and optimism. We closed out fiscal year 2023 with assets reaching $1.6 billion and solid deposit balances of $1.2 billion. Net income came in at $7.8 million and GSB's retained earnings topped $149 million.
Our assets grew by 3%, reaching over $578m at fiscal year-end 2022 and our lending teams; commercial, residential and consumer, remained active in expanding existing relationships and developing new ones.
Franklin Savings Bank ended 2019 with total assets of $457.0 million and net income of $3.9 million.