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$70.18-0.1%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| For the Three Months Ended | ||
|---|---|---|
| March 31, | ||
| (Dollars in thousands) (unaudited) | 2024 | 2023 |
| Net Income | $3,361 | $3,292 |
| Debt Securities: | ||
| Unrealized (losses) gains arising during the period | (373) | 8,626 |
| Reclassification adjustment for losses included in net income (1) | — | 602 |
| Net unrealized (losses) gains | (373) | 9,228 |
| Tax effect | 79 | (1,937) |
| Net of tax amount | (294) | 7,291 |
| Total other comprehensive (loss) gain | (294) | 7,291 |
| Total Comprehensive Income | $3,067 | $10,583 |
| (1) Reclassified to net losses on sales of debt securities | ||
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