SOURCE: NASDAQ

August 23, 2005 12:00 ET

Franklin Bank Corporation [FBTX] CEO to Ring The NASDAQ Stock Market Closing Bell

-- (MARKET WIRE) -- August 23, 2005 --


What:

Anthony Nocella, CEO of Franklin Bank Corporation (NASDAQ: FBTX), will preside over the closing bell. He will be joined by Larry Chimerine, Director; Bob Perro, Director; Russell McCann, CFO; Glenn Mealey, EVP of Administration and M&A; Michael Davitt, EVP Commercial Lending; Virgil Haplea, SVP of Commercial Lending; Andrew Anderson, VP of Commercial Lending; and Kris Dillon, Investor Relations.

FBTX is celebrating its growth and the accomplishment of many milestones. Since Franklin's IPO a year and a half ago, the company has almost doubled in size. Franklin has grown from $2.3 billion to $4.3 billion in assets. Commercial loans have grown from $216 million at December 31, 2003, to $843 million at June 30, 2005. Franklin was recently named as having the fastest growing revenues in Houston. Franklin's net income has risen considerably from a loss of $288,000 for the quarter ended December 31, 2003 to $6.7 million for the quarter ended June 30, 2005. Franklin has expanded its community banking offices from 13 to 31 and expects to have 38 community banking offices by the end of 2005. Franklin's employee base has increased to 635 from 399.

Where:

NASDAQ MarketSite -- 4 Times Square -- 43rd & Broadway -- Broadcast Studio

When:

Wednesday, August 24th, 2005 at 4:00 p.m. EDT

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

Contact Information

  • Contacts:
    Kris Dillon
    Investor Relations Coordinator
    (713) 339-8913
    Email Contact

    NASDAQ MarketSite:
    Stephanie Lowenthal
    646.441.5220