FRANKLIN FINANCIAL SERVICES CORP PA

For the period ended Sep 30, 2024. Filed Nov 14, 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.

Sep 30, 2024 · Filed Nov 14, 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 nine months ended September 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 July 1, 2024	4,412,374	$4,711	$43,547	$137,581	$(40,881)	$(8,149)	$136,809
Net income		—	—	4,218	—	—	4,218
Other comprehensive gain		—	—	—	9,996	—	9,996
Cash dividends declared, $0.32 per share		—	—	(1,411)	—	—	(1,411)
Acquisition of treasury stock	(5,395)	—	—	—	—	(155)	(155)
Treasury shares issued under dividend reinvestment plan	9,612	—	30	—	—	262	292
Stock Compensation Plans:
Treasury shares issued	2,162	—	(49)	—	—	59	10
Compensation expense		—	169	—	—	—	169
Balance at September 30, 2024	4,418,753	$4,711	$43,697	$140,388	$(30,885)	$(7,983)	$149,928
Balance at January 1, 2024	4,371,231	$4,711	$43,646	$133,993	$(40,940)	$(9,274)	$132,136
Net income		—	—	10,612	—	—	10,612
Other comprehensive gain		—	—	—	10,055	—	10,055
Cash dividends declared, $0.96 per share		—	—	(4,217)	—	—	(4,217)
Acquisition of treasury stock	(21,597)	—	—	—	—	(596)	(596)
Treasury shares issued under dividend reinvestment plan	53,155	—	(3)	—	—	1,451	1,448
Stock Compensation Plans:
Treasury shares issued	15,964	—	(411)	—	—	436	25
Compensation expense		—	465	—	—	—	465
Balance at September 30, 2024	4,418,753	$4,711	$43,697	$140,388	$(30,885)	$(7,983)	$149,928

Stock Compensation Plans:
Balance at July 1, 2023	4,349,988	$4,711	$43,422	$129,452	$(47,961)	$(9,854)	$119,770
Net income		—	—	3,859	—	—	3,859
Other comprehensive income		—	—	—	(7,873)	—	(7,873)
Cash dividends declared, $0.32 per share		—	—	(1,392)	—	—	(1,392)
Treasury shares issued under dividend reinvestment plan	9,613	—	13	—	—	263	276
Treasury shares issued	1,910	—	(36)	—	—	52	16
Compensation expense		—	113	—	—	—	113
Balance at September 30, 2023	4,361,511	$4,711	$43,512	$131,919	$(55,834)	$(9,539)	$114,769
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		—	—	10,127	—	—	10,127
Other comprehensive income		—	—	—	(4,547)	—	(4,547)
Cash dividends declared, $0.96 per share		—	—	(4,198)	—	—	(4,198)
Acquisition of treasury stock	(84,414)	—	—	—	—	(2,394)	(2,394)
Treasury shares issued under dividend reinvestment plan	38,292	—	45	—	—	1,042	1,087
Stock Compensation Plans:
Treasury shares issued	17,236	—	(434)	—	—	467	33
Compensation expense		—	366	—	—	—	366
Balance at September 30, 2023	4,361,511	$4,711	$43,512	$131,919	$(55,834)	$(9,539)	$114,769

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.