History

In August 2001, Franklin Bank Corp. was founded to create a Texas based community bank that concentrates its activities outside the major metropolitan areas. On April 9, 2002, we acquired our first community bank, Franklin Bank S.S.B., in Austin, Texas. Franklin Bank, S.S.B. is a wholly owned subsidiary of Franklin Bank Corp. Franklin Bank Corp. began trading on the NASDAQ in December 2003 under the ticker symbol FBTX. In May 2006, Franklin raised additional capital through a preferred stock offering and is now trading on the AMEX under the ticker symbol FBK.P.

Management

Franklin Bank Corp.’s Chairman and senior management team have extensive experience building high quality, profitable financial services franchises in our niche products. Franklin Bank Corp.’s Chairman, Lewis S. Ranieri, and President and Chief Executive Officer, Anthony J. Nocella, are the former Chairman and Vice Chairman / Chief Financial Officer, respectively, of Bank United Corp., which successfully employed an asset strategy similar to Franklin Bank Corp.’s. Additionally, most of our executive management, including the heads of two of our three main product lines, and most of our senior employees, worked together at Bank United Corp. Prior to its acquisition by Washington Mutual, Inc. in 2001, Bank United Corp. was the largest publicly traded depository institution based in Texas.

Franklin Bank is FDIC insured and an equal housing lender