That was my first thought as well, but if that's the case then they charged 3.3x what the published expense ratio is.
I have never seen them take the expense ratio fees out in any of my other accounts - I've always thought that the numbers they report were after the expenses have been taken out. I've always wondered why expenses are not tracked like a normal deduction from a bank account. I think they want the average investor to not know how much they are paying.
BTW - we're talking about FTBFX, 0.45% expense ratio, current balance is about 3k.