FRANKLIN FINANCIAL SERVICES CORP PA
For the period ended Mar 31, 2024. Filed May 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
FRAF$70.26+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders’ Equity
For the three months ended March 31, 2024 and 2023
| Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Additional · Other | |||||||
| Shares · Common · Paid-in · Retained · Comprehensive · Treasury | |||||||
| (Dollars in thousands, except per share data) (unaudited) | Outstanding | Stock | Capital | Earnings | Income (Loss) | Stock | Total |
| Balance at January 1, 2024 | 4,371,231 | $4,711 | $43,646 | $133,993 | $(40,940) | $(9,274) | $132,136 |
| Net income | — | — | 3,361 | — | — | 3,361 | |
| Other comprehensive loss | — | — | — | (294) | — | (294) | |
| Cash dividends declared, $0.32 per share | — | — | (1,399) | — | — | (1,399) | |
| Acquisition of treasury stock | (1,518) | — | — | — | — | (39) | (39) |
| Treasury shares issued under dividend reinvestment plan | 12,288 | — | (6) | — | — | 335 | 329 |
| Stock Compensation Plans: | |||||||
| Treasury shares issued | 11,872 | — | (311) | — | — | 324 | 13 |
| Compensation expense | — | 130 | — | — | — | 130 | |
| Balance at March 31, 2024 | 4,393,873 | $4,711 | $43,459 | $135,955 | $(41,234) | $(8,654) | $134,237 |
| Balance at January 1, 2023 | 4,390,397 | $4,711 | $43,535 | $125,892 | $(51,287) | $(8,654) | $114,197 |
|---|---|---|---|---|---|---|---|
| Cumulative change in accounting principle, net of tax | — | — | 98 | — | — | 98 | |
| Net income | — | — | 3,292 | — | — | 3,292 | |
| Other comprehensive income | — | — | — | 7,291 | — | 7,291 | |
| Cash dividends declared, $0.32 per share | — | — | (1,405) | — | — | (1,405) | |
| Acquisition of treasury stock | (10,108) | — | — | — | — | (316) | (316) |
| Treasury shares issued under dividend reinvestment plan | 8,484 | — | 48 | — | — | 229 | 277 |
| Stock Compensation Plans: | |||||||
| Treasury shares issued | 13,902 | — | (362) | — | — | 376 | 14 |
| Compensation expense | — | 135 | — | — | — | 135 | |
| Balance at March 31, 2023 | 4,402,675 | $4,711 | $43,356 | $127,877 | $(43,996) | $(8,365) | $123,583 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.