FRANKLIN FINANCIAL SERVICES CORP PA

For the period ended Jun 30, 2024. Filed Aug 9, 2024.

About this filing

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.

Jun 30, 2024 · Filed Aug 9, 2024

FRAF$70.26+1.7%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Changes in Shareholders’ Equity

For the three and six months ended June 30, 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 April 1, 2024	4,393,873	$4,711	$43,459	$135,955	$(41,234)	$(8,654)	$134,237
Net income		—	—	3,033	—	—	3,033
Other comprehensive loss		—	—	—	353	—	353
Cash dividends declared, $0.32 per share		—	—	(1,407)	—	—	(1,407)
Acquisition of treasury stock	(14,684)	—	—	—	—	(400)	(400)
Treasury shares issued under dividend reinvestment plan	31,255	—	(27)	—	—	853	826
Stock Compensation Plans:
Treasury shares issued	1,930	—	(52)	—	—	52	—
Compensation expense		—	167	—	—	—	167
Balance at June 30, 2024	4,412,374	$4,711	$43,547	$137,581	$(40,881)	$(8,149)	$136,809
Balance at January 1, 2024	4,371,231	$4,711	$43,646	$133,993	$(40,940)	$(9,274)	$132,136
Net income		—	—	6,394	—	—	6,394
Other comprehensive loss		—	—	—	59	—	59
Cash dividends declared, $0.64 per share		—	—	(2,806)	—	—	(2,806)
Acquisition of treasury stock	(16,202)	—	—	—	—	(440)	(440)
Treasury shares issued under dividend reinvestment plan	43,543	—	(33)	—	—	1,188	1,155
Stock Compensation Plans:
Treasury shares issued	13,802	—	(362)	—	—	377	15
Compensation expense		—	296	—	—	—	296
Balance at June 30, 2024	4,412,374	$4,711	$43,547	$137,581	$(40,881)	$(8,149)	$136,809

Stock Compensation Plans:
Balance at April 1, 2023	4,402,675	$4,711	$43,356	$127,877	$(43,996)	$(8,365)	$123,583
Net income		—	—	2,976	—	—	2,976
Other comprehensive income		—	—	—	(3,965)	—	(3,965)
Cash dividends declared, $0.32 per share		—	—	(1,401)	—	—	(1,401)
Acquisition of treasury stock	(74,306)	—	—	—	—	(2,078)	(2,078)
Treasury shares issued under dividend reinvestment plan	20,195	—	(17)	—	—	550	533
Treasury shares issued	1,424	—	(35)	—	—	39	4
Compensation expense		—	118	—	—	—	118
Balance at June 30, 2023	4,349,988	$4,711	$43,422	$129,452	$(47,961)	$(9,854)	$119,770
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		—	—	6,268	—	—	6,268
Other comprehensive income		—	—	—	3,326	—	3,326
Cash dividends declared, $0.64 per share		—	—	(2,806)	—	—	(2,806)
Acquisition of treasury stock	(84,414)	—	—	—	—	(2,394)	(2,394)
Treasury shares issued under dividend reinvestment plan	28,679	—	32	—	—	779	811
Stock Compensation Plans:
Treasury shares issued	15,326	—	(398)	—	—	415	17
Compensation expense		—	253	—	—	—	253
Balance at June 30, 2023	4,349,988	$4,711	$43,422	$129,452	$(47,961)	$(9,854)	$119,770

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.