Board of Governors of the Federal Reserve System

FRY-6 0MB Number7100-0297 Approval expires September 30. 2018 Page 1 of2

Annual Report of Holding Companies-FR Y-6

Report at the close of business as of the end of fiscal year

This Report is required by law: Section 5(c)(1 )(A) of the Bank Holding Company Act (12 U.S.G. § 1844(c)(1)(A)); sections B(a) and 13(a) of the International Banking Act (12 U.S.C. §§ 3106(a) and 3108(a)); sections 11(a)(1), 25, and 25A of the Federal Reserve Act (12 U.S.C. §§ 248(a)(1), 602, and 611a); and sec­tions 113, 165, 312, 618, and 809 of the Dodd-Frank Act (12 U.S.G. §§ 5361, 5365, 5412, 1850a(c)(1), and 5468(b)(1)). Return to the appropriate Federal Reserve Bank the original and the number of copies specified.

NOTE: The Annual Report of Holding Companies must be signed by one director of the top-tier holding company. This individual should also be a senior official of the top-tier holding company. In the event that the top-tier holding company does not have an individual who is a senior official and is also a director, the chairman of the board must sign the report. If the holding company is an ESOP/ESOT formed as a corporation or is an LLC, see the General Instructions for the authorized individual who must sign the report. 1, Richard Herrington

Name of the Holding Company Director and Official

Chairman, President, & CEO ntle of ihe Holding Company Direct.:>r and Official

attest that the Annual Report of Holding Companies (including the supporting attachments) for this report date has been pre­pared in conformance with the instructions issued by the Federal Reserve System and are true and correct to the best of my knowledge and belief.

With respect to information regarding individuals contained in this report, the Reporter certifies that it has the authority to provide this information to the Federal Reserve. The Reporter also certifies that it has the authority, on behalf of each Individual, to consent or object to public release of information regarding that individual. The Federal Reserve may assume, in the absence of a request for confidential treatment submitted in accordance with the Board's "Rules Regarding Availability of Information," 12 C.FR. Parl 261, that the Report and indivi 'ual .;on ent to public release of all details i e r, o ?.-e · 'vidual.

Signa e of Holding Company Director and Offlcla

03/31/2017 Date of Signature

For holding companies ll!21 registered with the SEC-Indicate status of Annual Report to Shareholders:

0 is included with the FR Y-6 ~eport (8) will be sent under separate -::over D is not prepared

For Federal Reserve Bank Use Only

RSSDID 3.~ 31S'8"~ C.I.

This report form is to be filed by all top-tier bank holding compa­nies, top-tier savings and loan holding companies, and U.S. inter­mediate holding companies organized under U.S. law, and by any foreign banking organization that does not meet the require­ments of and is not treated as a qualifying foreign banking orga­nization under Section 211.23 of Regulation K (12 C.F.R. § 211.23). (See page one of the general instructions for more detail of who must file.) The Federal Reserve may not conduct or spon­sor, and an organization {or a person) is not required to respond to, an information collection unless it displays a currently valid 0MB control number.

Date of Report (top-tier holding company's fiscal year-end):

December 31, 2016 Month/ Day/ Year

N/A Reporter's Legal Entity Identifier (LEI) (20-Character LEI Code}

Reporter's Name, Street, and Mailing Address

Franklin Financial Network Inc. Legal Title of Holding Company

722 Columbia Avenue (Mailing Address of the Holding Company) Street/ P.O. Box

Franklin TN 37064 City State Zip Code

Physical Location (If different from mailing address)

Person to whom questions about this report should be directed: Mandy Garland Vice President Name Title

615 236 8327 Area Code / Phone Number/ Extension

Area Code/ FAX Number

mandy.garland@franklinsynergy.com E-mail Address

Address (URL) for the Holding Company's web page

Is confidential treatment requested for any portion ~ of this report submission? ........... ·--···· .. ·······-·· ~ In accordance with the General lnstructlons for this report (check only one),

1. a letter justifying this request Is being provided along with the report ...................................................... D

2. a letter justifying this request has been provided separately ........ _ ................................................... D

NOTE: Information for which c;onfidential treatment is being requested must be provided separately and labeled as "confidential."

Public repo,ting burden for \his information colleclioo Is estimated to vary from 1.3 to 101 hours per response, with an average of 5.50 hours per response, ir'l!:luding time lo gather and maintain data in the required form and to relliew instructions and complete the information collecLion . Send comments regarding this burden esUmale or any other aspect of this collection of information, Including suggestions for reducing this burden to: Secre.tary, Board of Govern0<s of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551 , and to the Office of Management and Budget, Paperwork Reduction Project (7100-0297), Washington , DC 20503. 1212016

Franklin Financial Network #3637582 FR Y-6

December 31, 2016 Report item 2a. - Org

Fnmklin Financial Network, Inc. Franklin, TN

Incorporated in Tem1esst:e 2007

I

,r Franklin Synergy'\ Bank

Franklin, TN LOO%

Chartered in TN 2007

LE I-NIA \.

I

/' Franklin Synergy R,isk Management,

Inc Franklin, TN

100% Chartered in NV 2015

LEl-N/A , ______ __,.

r Franklin Synergy Investments of ' Tennessee

Franklin, TN 100%

Chartered in TN 20 16 LEI-N/A

r Franklin Synergy ' Investments of:Nevada

Las Vegas, NV 100%

Chartered in TN 2016 LEI-NIA

-r Franklin Synergy '

Preferred Capital Franklin, TN

100% Chartered in TN 2016

LEI - N/A \.

-

Franklin Financial Network #3637582 FR Y-6

December 31, 2016

Report item 2b. Domestic Branch Listing Franklin Synergy Bank

3359 Aspen Grove Drive Suite I 00

Franklin, TN 3 7067 Williamson County, USA

Full Service Branch Opened November 5, 2007

Relocated from 3301 Aspen Grove Drive, Suite 106, Franklin, TN 37067 in June 2014

Franklin Synergy Bartle 722 Columbia A venue

Franklin, TN 37064 Williamson County, USA

Full Service Branch Relocated from 134 Fourth Avenue No1th, Franklin, TN 37064 in May 2010

Franklin Synergy Bank 4930 Thoroughbred Lane

Brentwood, TN 3 7027 Davidson County, USA

Full Service Branch Opened December 19, 2011

Relocated from 4930 Thoroughbred Lane, Brentwood, TN 37027 in August 2014

Franklin Synergy Bank 1015 WesthavenBoulevard Suite 150

Franklin, TN 3 7064 Williamson County, USA

Full Service Branch Opened June 11, 2012

Franklin Synergy Bank 2035 Wall Street

Spring Hill, TN 37174 Williamson County, USA

Full Service Branch Opened February 21, 2013

Franklin Synergy Bank 40 Moss Lane

Franklin, TN 37064 Williamson County, USA

Full Service Branch Opened October 8, 2013

Franklin Synergy Bank One East College Street

Murfreesboro, TN 37130 Rutherford County, USA

Full Service Branch Acquired in merger July 1, 2014

Franklin Synergy Bank 724 President Place Smy1na, TN 37167

Rutherford County, USA Full Service Branch

Acquired in merger July 1, 2014

Franklin Synergy Bank 2415 Memorial Boulevard Murfreesboro, TN 3 7129 Rutherford County, USA

Full Service Branch Acquired in merger July 1, 2014

Franklin Financial Network #3637582 FR Y-6

December 31, 2016

Report Item 3: Securities Holders (l)(a), (l)(b), (l)(c)

(l)(a) Black.rock, Inc. 55 East 5211

d Street New York, NY 10055

(1 )(b) United States

(1 )(c) 669,706 5.3%

Report Item 3: Securities Holders (2)

NIA

f-""r:rnklin Fin:1r1ci:il ~1CI\\Ork Ex:ccuth·c Officers & Directors as c,f 12/31/16 Rcpon hem 4: Insiders (I) (2) (3)(a)(b)(cJ and (4)(a)(b)(c) (I) {2) (J)(al f3){b) (J\(c) (4)(a) (4)(b) (4)(cl

Names & Address (City, State, Pri_neipal Occup if

Title &. Position "ilh Title & Position with Subsidiaries Title & Position with Other Pcrcentngc of Vofin~ Shares. %of\lotins Na,ncs of othcrcompanies if'.!So/o or more of voling s<CUritics an: held

Country) other than Sank

Bank Holdins Company {include names of subsidiaries) Businesses (include names) Vested Options, & Warrants Shares in

nnd % of voting securities held Holding Co in Bank Holding Company Sub~idianc:s , ,

Jimmy Allen President of Vcn111rc Express,

Transponation Director Director Creali,·e Transpor1atio11. Allen's

1. l'Yo NIA Venture Express, Crentive Transponation, Allen's Cangagc Company

La Vergne, TN USA Cartgagc Compony and co-owner of and co-owrierofCcnter Hill Marina and Yacht Club Center Hill Marin, and Ynchl Club

Sally Bo,ver'S Franklin, TN USA

NIA NIA EVP, Chief Mongagc Bank OOicer NIA Less than 1% NIA NIA

Herny (Hank) Brockman

Fmnklin Square Partners 33%; Columbia Avenue Partners 50"/o; Private Investor Director Director NIA kssthan 1% NIA Aspen Development 37%,: Beny Farms· 40",o; Foundation Blocks·

Frankl in. TN USA 33~~;

Dallas Caudle NIA NIA EVP, Chief lnvesnnent Officer

Murfreesboro, TN USA NIA Less than 1% NIA NIA

lRm<s W. Cross Century Construction, Century Conslruction • I 00%; C & F Investments • 50%; Crossfonh

Construction NIA Director Presideut/Owr,e,~ Land Conu-actors Less than 1% NIA LLC. · I 00%; Cross forth and Nance: WPC, LC· 50"/o: Century Franklin, TN USA Presiden~'Owner ln\'estmenr Partners· IOO"A.; RivcrblulT • 50%

Kevin Henin~ton

NIA N!A EVP. Chief Operating Offim NIA Less th1111 1% NIA NIA Fran~liil TN USA

Richard Herrington

Presider,~ Chainnan, &. Franklin Square Pnrtners 33%: Aspen Grove Real Estntc 33%: Grow

Franklin. TN USA NIA

CEO; Director Chainnan & CEO, Dirc<:tor NIA 2.9".4 N!A and Learn 33%; Grow and Learn ll 20"/o; Grow end Learn I I I 25%:

Foundation Blocks · 33%

Ashley Hill NIA NIA EVP, Chief Banking Officer NIA Less than 1% NIA NIA

Frank lin. TN USA

Myers Jones

Franklin. TN USA NIA NIA E\11'. Chief Credit Officer NIA Less thiU1 I trO NIA NIA

Or. David Kemp

Kemp Orthodontics· 100"/o; Franklin Square Pnrtncrs 33%; Columbia

Franklin, TN USA Orthodontics Direcror Director Owner. Kemp Ortl,odontics 2.3% NIA Ave Partners 50"/o; Bcny Farms· 50%; Aspen Devclopmem of CS·

45%.Foundation Blocks· 33~~;

Snlly Kimble EvP. Chief

Frnnklin, TN USA NIA

Adminsu111il'e Officer NIA NIA Less than 1% NiA N/A

David McDaniel Frankl in, TN USA

NIA NIA EVP, Chief Retail Officer NIA Less than 1% NIA NIA

Lee Moss NIA NiA President, Director

Murfreesboro, TN USA NIA Less 1hnn 1% NIA NIA

~ames & Address (City, State, Principal Occup if Title & Position wi1ll Title & Posilion wi1h Subsidiaries Title & Position with Oihet

Percentage of Voti11i; Shares. ~, of Voting Na111cs of other componies if25% or n11)re of voting securities are held olh<r th:lll B•nk Vc~red 'Options, &, Wa1Tams Shares in Counll)·) lloldingCo

Bank Holding Company (include names of subsidiaries) Businesses (include names) in Ba~ Holdini; Company Subsidiaries

and % of-voting sccuriiies held

Paul Pran, Jr. Presid.ent, Full Service haurance, Full Scrvict Jnsur.tncc.25'%; P11111 Building, LLC 33%,: Rivcrbluff -

Frnnklin. TN USA Insurance NIA Director

Inc. Less lhan 1% NIA sw.

Sarnh Meyerrosc NIA EVP. Chief Financial

WA NIA Less than 1% N/A NIA Officer Frn11klin, TN USA

Melody Sullivan CPA Director Director Part 0"11er; Smiley CPAs Less than 1% NIA NIA

Brentwood, TN USA

Pam Stephens Willininson Memorial Funeral Home:- \Vil tiamson Memorial Fw1e:ral Home· 33%' Williamson Memorial F'uncral Home Director Director Less than 1% NIA Franklin. TN USA 'Fuoe:ral Directors/Pan o,.,,c, Gardens • 33%; Spring Hill Memoriol Park & Funeral Home· ~0%

Waldron Enterprises - 100% lauretwood Apanmenu, LLC, Village Lake

Greg Woldton Townhornes GP; BVW, Inc .. , The Vester Wctldron FlP, The Ve.st er Waldron Partner, Manacinc Member Waldron FLP2.. WFM Springs Holdings, LLC. WFM Springs LP, Ulscassas Church of

Director Director Enterprises. lt.ss tt\an 1% N/A Christ. Murfreesboro, TN USA

Ben Wyn<I CPA Director Director Part Owner, Smiley CPA.s less than l" N/A Smiley CPAs • 50%

Fn1nkhn, TN USA franklin capital Group - S0-.4