Exhibit 99.2

Franklin Financial Network, Inc. (NYSE:FSB) First Quarter 2019 Investor Call April 25, 2019

Forward - Looking Statements Except for the historical information contained herein, this presentation contains forward - looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward - looking statements include, among other things, statements regarding intent, belief or expectations of the Company and can be identified by the use of words such as "may," "will," "should," "would," "assume," "outlook," "seek," "pl an," "believe," "expect," "anticipate," "intend," "estimate," "forecast," and other comparable terms. The Company intends that all such statements be subject to the “safe harbor” provisio ns of those Acts. Because forward - looking statements involve risks and uncertainties, actual results may differ materially from those expressed or implied. Investors are cautioned not to pl ace undue reliance on these forward - looking statements and are advised to carefully review the discussion of forward - looking statements and risk factors in documents the Company files wit h the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward - looking statements, whether as a result of new information, fu ture events or otherwise, unless otherwise required by law. Use of non - GAAP Financial Measures Some of the financial data included in this presentation and our selected historical consolidated financial information are n ot measures of financial performance recognized by GAAP. Our management uses these non - GAAP financial measures in its analysis of our performance: "Common equity” is defined as total shareholders’ equity at end of period less the liquidation preference value of the prefer red stock; ;Tangible common equity” is common equity less goodwill and other intangible assets; “Total tangible assets” is defined as total assets less goodwill and other intangible assets; “Other intangible assets” is defined as the sum of core deposit intangible and SBA servicing rights; "Tangible book value per share" is defined as tangible common equity divided by total common shares outstanding. This measure is important to investors interested in changes from period - to - period in book value per share exclusive of changes in intangible assets; “Tangible common equity ratio” is defined as the ratio of tangible common equity divided by total tangible assets. We believe th at this measure is important to many investors in the marketplace who are interested in relative changes from period - to period in common equity and total assets, each exclusive of ch anges in intangible assets; “Core Return on Average Tangible Common Equity” is defined as annualized core net income available to common shareholders div ide d by average tangible common equity; “Core Efficiency Ratio” is defined as noninterest expense divided by our operating revenue, which is equal to net interest in com e plus noninterest income with all adjusted to certain one - time expenses; “Core Diluted Earnings Per Share” is defined as reported earnings per share adjusted for certain one - time expenses; “Core Non - Interest Income” is defined as non - interest income adjusted for certain one - time items; “Core Non - Interest Expense” is defined as non - interest expense adjusted for certain one - time items; “Core Compensation Expense” is defined as compensation expense adjusted for certain one - time items; and “Core Net Income” is defined as “Net Income Available to Common Shareholders” adjusted for certain one - time items. We believe these non - GAAP financial measures provide useful information to management and investors that is supplementary to our financial condition, results of operations and cash flows computed in accordance with GAAP; however, we acknowledge that our non - GAAP financial measures have a number of limitation s. As such, you should not view these disclosures as a substitute for results determined in accordance with GAAP, and they are not necessarily comparable to non - GAAP financial me asures that other companies use. 1

Key Highlights Financial Results (1) Non - GAAP financial measures that adjust GAAP reported net income and other metrics for certain income and expense items. See “Us e of non - GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of non - GAAP financial measures 2 Financial Highlights and Recent Developments Three months ended March 31, 2019 Reported GAAP results Non-GAAP Core results (1) Diluted EPS $0.19 $0.41 Net income ($mn) $2.9 $6.1 ROAA 0.28% 0.59% ROATCE 3.3% 6.9% Efficiency ratio 73.2% 59.8% Growth & Profitability Net interest margin (FTE) expansion of 11 basis points from 4Q’18 to 2.80% Book value per share of $26.31, 14.5% growth year - over - year; tangible book value per share of $25.00, 12.5% growth year - over - year (1) Net Income of $2.9 million in 1Q’19; core net income of $6.1 million in 1Q’19, including $5.1 million credit provision (1) Balance sheet rotation more than 70% complete, optimization plans made significant progress Customer - driven loan growth of $142.0 million, 21.6% annualized Core deposit growth (retail and reciprocal) of $117.1 million, 25.6% annualized Reduction of non - core brokered deposits by $79.1 million, 40.2% annualized Reduction in the securities portfolio of $481.7 million since 1Q’18, 34.4% year - over - year Credit quality stable following previously disclosed $3.5 million reserve related to a specific shared national credit (“SNC”) Upon Richard Herrington’s retirement, J. Myers Jones, III was appointed Interim CEO Net interest margin: TBVPS: Total assets ($ mn ): Total deposits ($ mn ): TCE / TA: 2.80% $25.00 $4,238.4 $3,315.8 8.6%

$19.7 $31.8 $42.1 $51.7 $60.8 $73.5 $15.5 $21.7 $22.6 70.0% 66.7% 58.3% 53.4% 54.4% 58.7% 54.2% 60.4% 59.8% 2013 2014 2015 2016 2017 2018 1Q'18 4Q'18 1Q'19 Non-Int. Expenses Core Efficiency Ratio 9.6% 11.5% 10.6% 14.4% 11.2% 12.3% 14.1% 10.7% 6.9% 9.6% 11.5% 10.6% 14.4% 9.5% 10.6% 14.1% 4.3% 3.3% 2013 2014 2015 2016 2017 2018 1Q'18 4Q'18 1Q'19 Core ROATCE Reported ROATCE $4.6 $8.4 $16.1 $28.1 $33.4 $39.9 $10.1 $9.2 $6.1 $4.6 $8.4 $16.1 $28.1 $28.1 $34.5 $10.1 $3.7 $2.9 2013 2014 2015 2016 2017 2018 1Q'18 4Q'18 1Q'19 Core Net Income Reported Net Income $21.0 $37.7 $59.4 $81.6 $97.0 $105.5 $25.1 $26.9 $27.4 2013 2014 2015 2016 2017 2018 1Q'18 4Q'18 1Q'19 (1) Non - GAAP financial measures that adjust GAAP reported net income and other metrics for certain income and expense items. Exclude s compensation - related non - recurring expenses and securities losses. 2017 metrics adjusted for DTA write - down that was recorded in December 2017 related to the change in income tax regulations that resulted fro m the Tax Cuts and Jobs Act that was passed in late December 2017. See “Use of non - GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of non - GAAP financial measures Balancing Profitability and Growth Net Income (1) ($ mn ) Net Interest Income ($ mn ) Return on Average Tangible Common Equity (1) Non - Interest Expenses ($ mn ) Strong, sustainable earnings and return metrics driven by loan growth and disciplined credit and expenses 3 (1) 0.89% 0.87% 0.92% 1.06% 0.97% 1.03% 0.87% 0.97% 0.59% (1) 3.41% Net Interest Margin - FTE 3.74% 3.62% 3.42% 3.06% 2.71% 2.69% 2.71% 2.80% Core ROAA (1) (1)

$1.10 $1.27 $1.54 $2.42 $2.43 $2.71 $0.73 $0.61 $0.41 $1.10 $1.27 $1.54 $2.42 $2.04 $2.34 $0.73 $0.25 $0.19 2013 2014 2015 2016 2017 2018 1Q'18 4Q'18 1Q'19 Core EPS Reported EPS $11.31 $12.89 $15.86 $19.92 $22.24 $24.32 $22.23 $24.32 $25.00 2013 2014 2015 2016 2017 2018 1Q'18 4Q'18 1Q'19 Earnings Per Share Tangible Book Value Per Share (1) Earnings continue to support the growth and future profitability of the franchise while building tangible book value per share (2) 4 Sustaining Earnings Momentum and Tangible Book Value Growth (1) Non - GAAP financial measures that adjust GAAP reported net income and other metrics for certain income and expense items. Core EP S excludes compensation - related non - recurring expenses and securities losses from 4Q’18 and 1Q’19. 2017 metrics adjusted for DTA write - down that was recorded in December 2017 related to the change in income tax regu lations that resulted from the Tax Cuts and Jobs Act that was passed in late December 2017. See “Use of non - GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of non - GAAP financial measu res (2) See Forward - Looking Statements on page 1 (1)

35% 29% 22% 24% 26% 26% 26% 26% 25% 15% 20% 27% 30% 31% 31% 29% 31% 32% 20% 20% 21% 18% 21% 21% 22% 21% 23% 28% 30% 28% 27% 22% 22% 23% 22% 21% 2% 1% 1% 1% $416 $781 $1,292 $1,757 $2,257 $2,665 $2,310 $2,665 $2,807 2013 2014 2015 2016 2017 2018 1Q'18 4Q'18 1Q'19 Residential Commercial Non-Owner CRE Construction Consumer & Other Diversified and Disciplined Loan Portfolio Loan Portfolio (1,2) ($ mn ) CRE & CLD Concentration Franchise defined by strong loan growth while maintaining diversification and credit discipline (1) Excluding Loans Held for Sale, commercial includes owner - occupied commercial real estate loans (2) Totals may not sum due to rounding (3) Risk - based capital at bank - level as defined in Call Report. 1Q’19 calculation is preliminary and subject to change 5 % of Risk-Based Capital (3) 1Q'18 4Q'18 1Q'19 CLD loans 135% 132% 135% Total CRE 269% 263% 269% Commercial real estate (CRE) concentrations Positive trend in CRE and CLD concentration ratio due to continued shift in loan portfolio mix and strong increase in capital No OREO on Balance Sheet as of March 31, 2019 CLD loan concentration is down from 211% at 4Q’14 to 128% as of 1Q’19 (which is under management guidance of 140%) and has been steady since 2017 Total CRE loan concentration is down from 352% at 4Q’14 to 271% as of 1Q’19, and has been steady since 2017

$397 $776 $890 $1,097 $1,385 $1,538 $1,508 $1,538 $1,533 $313 $313 $435 $245 $342 $448 $822 $1,003 $783 $992 $783 $629 $40 $54 $476 $473 $780 $798 $855 $798 $719 $682 $1,172 $1,814 $2,392 $3,167 $3,432 $3,355 $3,432 $3,316 2013 2014 2015 2016 2017 2018 1Q'18 4Q'18 1Q'19 Retail & Other Reciprocal Local Government Brokered Public Funds Deposit Reciprocation Unlocks Balance Sheet Step : Balance Sheet Rotation Through Q1’19 , more than 70 % of planned $300mn of lower - yielding securities into higher - yielding assets Expect continued positive impact on core profitability metrics (1) Positive capital impact as less capital exposed to mark - to - market accounting Step : Balance Sheet Optimization Brokered deposits decreased $79.1mn from Q4’18, a decline of 40.2%, annualized Reciprocal deposits increased $122.5mn from Q4’18, an increase of 158.9%, annualized Expect continued positive impact on core profitability metrics (1) Will temporarily increase capital ratios as most capital efficient means of deployment identified (1) See Forward - Looking Statements on page 1 Accelerated Balance Sheet Actions Deposit Portfolio ($ mn ) Continued focus on retail deposits while leveraging public funds 6 Deposits Drive Strategic Repositioning 1 2

(1) Excluding Loans Held for Sale (2) 1Q’19 calculation is preliminary and subject to change with Call Report Low risk, liquid balance sheet 7 Solid Credit and Low Risk Balance Sheet 1Q'18 4Q'18 1Q'19 Nonperforming Assets / Assets 0.12% 0.13% 0.28% Net Charge-Offs (Recoveries) / Loans (1) 0.01% 0.00% 0.10% Common Equity Tier 1 (2) 11.5% 12.2% 11.3% Tier 1 Capital (2) 11.5% 12.2% 11.3% Total Risk-Based Capital (2) 14.4% 14.9% 14.0% Cash & Securities / Assets 40.4% 33.8% 28.8% Loans (1) / Deposits 68.8% 77.7% 84.7% Risk Weight Risk-Weighted Assets / Assets (2) 66.3% 70.9% 77.0% Capacity Asset Quality Liquidity

0.35% 0.18% 0.16% 0.23% 0.13% 0.13% 0.28% 2013 2014 2015 2016 2017 2018 1Q'19 ALLL / NPAs ALLL / Gross Loans (1) NCOs / Avg. Loans (1) NPAs + 90 day PD / Avg. Assets 176% 313% 1046% 382% 429% 415% 234% 2013 2014 2015 2016 2017 2018 1Q'19 1.16% 0.85% 0.89% 0.93% 0.94% 0.88% 0.99% 2013 2014 2015 2016 2017 2018 1Q'19 (0.00%) 0.10% 0.01% 0.02% (0.02%) 0.00% 0.10% 2013 2014 2015 2016 2017 2018 1Q'19 8 (1) Excluding Loans Held for Sale Asset Quality Remains Strong 2017

Growth Profitability Asset Quality Proven, Successful Banking Model Key Drivers of FSB Performance 9

Appendix

Appendix

Shared National Credit (“SNC”) & Healthcare Portfolios Note: $ in 000s * Annualized 2018 2019 QoQ YoY First Quarter Second Quarter Third Quarter Fourth Quarter First Quarter Growth* Growth Total SNC $117,721 $155,799 $162,587 $249,033 $229,608 (31.6%) 95.0% % of Total Loans HFI 5.1% 6.3% 6.4% 9.3% 8.2% Healthcare $199,425 $257,225 $285,284 $290,464 $318,020 38.5% 59.5% SNC 89,162 107,894 103,772 123,097 107,156 (52.5%) 20.2% Non-SNC 110,263 149,331 181,512 167,367 210,864 105.4% 91.2% 10

Non - GAAP Reconciliations 11 $ in 000s except per share data 2019 2018 Core net income First Quarter Fourth Quarter Third Quarter Second Quarter First Quarter Pre-tax net income $ 3,235 $ 3,873 $ 11,617 $ 12,432 $ 12,511 Non-core items: Noninterest income (Gain) / Loss On Sales of Securities - 4,160 - - - Noninterest expenses Post employment and retirement expense 4,143 3,151 - - - Pre tax core net income $ 7,378 $ 11,184 $ 11,617 $ 12,432 $ 12,511 Core income tax expense 1,275 1,998 1,068 2,263 2,459 Core net income $ 6,103 $ 9,186 $ 10,549 $ 10,169 $ 10,052 Less: earnings attributable to noncontrolling interest - 8 - 8 - Core net income available to common shareholders 6,103 9,178 10,549 10,161 10,052 Less: earnings allocated to participating securities 71 100 190 161 102 Core net income allocated to common shareholders 6,032 9,078 10,359 10,000 9,950 Weighted average common shares oustanding fully diluted 14,804,830 14,821,540 14,903,751 14,814,059 13,672,384 2019 2018 Core diluted earnings per share First Quarter Fourth Quarter Third Quarter Second Quarter First Quarter Diluted earnings per share $ 0.19 $ 0.25 $ 0.70 $ 0.68 $ 0.73 Non-core items: Noninterest income (Gain) / Loss On Sales of Securities - 0.28 - - - Noninterest expenses Accrual for Post Employment Benefits 0.28 0.21 - - - Add'l earnings available to participative stock grants - - - - - Tax effect (0.06) (0.13) - - - Core diluted earnings per share $ 0.41 $ 0.61 $ 0.70 $ 0.68 $ 0.73

Non - GAAP Reconciliations 12 Note: $ in 000s except per share data (1) Efficiency ratio (GAAP) is calculated by dividing reported noninterest expense by reported total revenue 2019 2018 Core efficiency ratio First Quarter Fourth Quarter Third Quarter Second Quarter First Quarter Total noninterest expense $ 22,616 $ 21,689 $ 18,251 $ 18,050 $ 15,488 Less post employment and retirement expense (4,143) (3,151) - - - Core noninterest expense $ 18,473 $ 18,538 $ 18,251 $ 18,050 $ 15,488 Net interest income 27,420 26,921 26,562 26,905 25,116 Total noninterest income 3,486 (384) 3,442 4,147 3,456 (Gain) / Loss On Sales of Securities - 4,160 - - - Core noninterest income 3,486 3,776 3,442 4,147 3,456 Core revenue $ 30,906 $ 30,697 $ 30,004 $ 31,052 $ 28,572 Efficiency ratio (GAAP) (1) 73.2% 81.7% 60.8% 58.1% 54.2 % Core efficiency ratio 59.8% 60.4% 60.8% 58.1% 54.2% 2019 2018 Tangible Assets First Quarter Fourth Quarter Third Quarter Second Quarter First Quarter Tangible Assets Total assets $ 4,238,436 $ 4,249,439 $ 4,167,813 $ 4,165,238 $ 4,083,663 Less goodwill 18,176 18,176 18,176 18,176 9,124 Less intangibles, net 844 991 1,151 1,323 950 Tangible assets $ 4,219,416 $ 4,230,272 $ 4,148,486 $ 4,145,739 $ 4,073,589 Tangible Common Equity Total shareholders' equity 383,421 372,740 356,074 348,059 304,762 Less goodwill 18,176 18,176 18,176 18,176 9,124 Less intangibles, net 844 991 1,151 1,323 950 Tangible common equity $ 364,401 $ 353,573 $ 336,747 $ 328,560 $ 294,688 Common shares outstanding 14,574,339 14,538,085 14,525,351 14,480,240 13,258,142 Book value per common share $ 26.31 $ 25.64 $ 24.51 $ 24.04 $ 22.99 Tangible book value per common share $ 25.00 $ 24.32 $ 23.18 $ 22.69 $ 22.23 Total shareholders' equity to total assets 9.0% 8.8% 8.5% 8.4% 7.5% Tangible common equity to tangible assets 8.6% 8.4% 8.1% 7.9% 7.2%

Non - GAAP Reconciliations 13 2019 2018 Return on average tangible common equity First Quarter Fourth Quarter Third Quarter Second Quarter First Quarter Total average shareholders' equity $ 377,116 $ 360,709 $ 351,293 $ 340,175 $ 299,840 Less average goodwill 18,176 18,176 18,176 18,383 9,124 Less intangibles, net 933 1,092 1,257 1,477 1,012 Average tangible common equity $ 358,007 $ 341,441 $ 331,860 $ 320,315 $ 289,704 Net income available to common shareholders (1) $ 2,901 $ 3,743 $ 10,549 $ 10,161 $ 10,052 Return on average tangible common equity 3.3% 4.3 % 12.6 % 12.7 % 14.1 % 2019 2018 Core return on average tangible equity First Quarter Fourth Quarter Third Quarter Second Quarter First Quarter Pre-tax net income $ 3,235 $ 3,873 $ 11,617 $ 12,432 $ 12,511 Adjustments: Add non-core items 4,143 7,311 - - - Less core income tax expense 1,275 1,998 1,068 2,271 2,459 Core net income (2) $ 6,103 $ 9,178 $ 10,549 $ 10,161 $ 10,052 Core return on average tangible common equity 6.9 % 10.7 % 12.6 % 12.7 % 14.1 % 2019 2018 Core return on average assets equity First Quarter Fourth Quarter Third Quarter Second Quarter First Quarter Net income $ 2,901 $ 3,743 $ 10,549 $ 10,161 $ 10,052 Average assets 4,220,255 4,183,703 4,132,501 4,169,453 3,971,864 Average equity 377,116 360,709 351,293 340,175 299,840 Return on average assets 0.28 % 0.35 % 1.01 % 0.98 % 1.03 % Return on average equity 3.1 % 4.1 % 11.9 % 12.0 % 13.6 % Core net income $ 6,103 $ 9,178 $ 10,549 $ 10,161 $ 10,052 Core return on average assets 0.59 % 0.87 % 1.01 % 0.98 % 1.03 % Core return on average equity 6.6 % 10.1 % 11.9 % 12.0 % 13.6 % 2019 2018 Core total revenue First Quarter Fourth Quarter Third Quarter Second Quarter First Quarter Net interest income $ 27,420 $ 26,921 $ 26,562 $ 26,905 $ 25,116 Noninterest income 3,486 (384) 3,442 4,147 3,456 Adjustments: (Gain) / Loss On Sales of Securities - 4,160 - - - Core total revenue $ 30,906 $ 30,697 $ 30,004 $ 31,052 $ 28,572 Annualized net income available to common shareholders (1) $ 11,765 Annualized core net income (2) $ 24,752 $ in 000s except per share data (1) Annualized net income available to common shareholders utilized in calculating year - to - date return on average tangible common eq uity (2) Annualized core net income utilized in calculating core return on average tangible common equity and core return on average a sse ts and average equity