FRANKLIN FINANCIAL SERVICES CORP /PA/ (FRAF) SEC Filings & Earnings Calls
EquiReason read 13 FRANKLIN FINANCIAL SERVICES CORP /PA/ SEC filings in the last 12 months. Latest: 8-K on 2026-10-16 — Board declared a regular quarterly cash dividend of $0.34 per share for Q4 2026, unchanged from Q3 2026 and up 3.0% YoY from $0.33 in Q4 2025..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
FRAFFRANKLIN FINANCIAL SERVICES CORP /PA/Follow FRAF — free
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- Market cap
- 286.3M
- P/E TTM
- 11.6
- Dividend yield
- 2.1%
- 52-week
- —
- Next earnings
- 27 Oct, in 3 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
16 Oct 20268-K · 8.01Board declared a regular quarterly cash dividend of $0.34 per share for Q4 2026, unchanged from Q3 2026 and up 3.0% YoY from $0.33 in Q4 2025.SEC ↗
18 Aug 20268-K · 5.02Amendment to employment agreement for President Charles B. Carroll extending term to 3 years and updating change-in-control compensation provisions.SEC ↗
10 Aug 202610-QFRAF reported Q2 2026 net income of $6.6M, up from $5.9M in Q2 2025, but credit quality deteriorated with increased nonaccrual and collateral dependent loans.earningsopen
Figures in the filing · each found in the filing text
| Net Loans · Q2-2026 | $1.59B | +3% y/y |
| Total Deposits · Q2-2026 | $1.92B | +5% y/y |
| Total Assets · Q2-2026 | $2.34B | |
| Net Income · Q2-2026 | $7M | +12% y/y |
| Allowance for Credit Losses · Q2-2026 | $22M | +6% y/y |
| Common Equity Tier 1 Risk-based Capital Ratio · Q2-2026 | 11.9% | |
| Tier 1 Leverage Ratio · Q2-2026 | 8.4% |
Risks flagged
Credit quality deterioration
“At June 30, 2026, the Bank had $17.4 million of loans considered to be collateral dependent. These loans are comprised of a commercial real estate construction loan totaling $8.6 million for a mixed-use project with a specific reserve of $1.2 million and a commercial real estate loan totaling $8.8 million secured by six commercial office buildings with a spe”
Subsequent event default
“On August 2, 2026, an $8.6 million nonaccrual loan (see Note 6, Loan Quality and Allowance for Loan Loss) defaulted under the terms of a forbearance agreement with the Bank.” · word for word
24 Jul 20268-K · 7.01Investor presentation furnished under Regulation FD; no material new event disclosed.SEC ↗
24 Jul 20268-K · 2.02Board declared $0.34 per share regular quarterly cash dividend for Q3 2026; earnings increased 11.9% YoY; NIM expanded to 3.50%; ROA 1.14%, ROE 14.80%; deposit costs declined; nonperforming loans increased.open
Figures in the filing · each found in the filing text
| Net income · Q2-2026 | $7M | +12% y/y |
| EPS diluted · Q2-2026 | $1.47 | +11% y/y |
| Return on average assets (ROA) · Q2-2026 | 1.1% | |
| Return on average equity (ROE) · Q2-2026 | 14.8% | |
| Net interest margin (NIM) · Q2-2026 | 3.5% | |
| Total assets · Q2-2026 | $2.33B | |
| Total net loans · Q2-2026 | $1.59B | |
| Total deposits · Q2-2026 | $1.93B | |
| Cost of total deposits · H1-2026 | 1.5% | |
| Nonperforming loans to total gross loans · Q2-2026 | 1.1% |
Risks flagged
Nonperforming loans more than doubled to $17.7M (1.1% of loans) from $8.5M (0.55%) due to a single $8.8M CRE loan.
“Nonperforming loans totaled $17.7M vs $8.5M at year-end; increase due to $8.8M CRE loan.”
CRE concentration remains high at 348.2% of risk-based capital, with exposure to office and hotel segments.
“CRE non-owner occupied concentration ratio 348.2%; largest segments: apartments, hotels, office.”
17 Jul 20268-K · 8.01Board declared a $0.34 per share regular cash dividend for Q3 2026, unchanged from Q2 2026 and up 3.0% from Q3 2025. Routine quarterly declaration with minimal change.SEC ↗
11 May 202610-QFRAF reported Q1 2026 net income of $6.6M (+69.2% YoY), with strong NIM expansion to 3.53% and lower provision, though CRE credit quality showed early signs of stress.earningsopen
Figures in the filing · each found in the filing text
| Net Interest Margin · Q1-2026 | 3.5% | |
| Return on Average Assets · Q1-2026 | 1.2% | |
| Return on Average Equity · Q1-2026 | 15.1% | |
| Total Assets · 2026-03-31 | $2.30B | |
| Net Loans · 2026-03-31 | $1.55B | |
| Total Deposits · 2026-03-31 | $1.89B | |
| Allowance for Credit Losses · 2026-03-31 | $21M | |
| Nonaccrual Loans · 2026-03-31 | $8M | |
| Wealth Management Fees · Wealth · Q1-2026 | $2M | +4% y/y |
| Assets Under Management · Wealth · 2026-03-31 | $1.42B |
Risks flagged
CRE credit deterioration
“The largest of the four nonaccrual CRE loans is for a $7.0 million construction loan on a mixed-use commercial project which was past due in the 30-59 day aging bucket as of March 31, 2026.” · word for word
Related party loan exposure
“As of March 31, 2026, the Bank had outstanding loans to a related party of a Bank Director who is considered an 'insider' under Regulation O. ... The loans are currently classified as Substandard (rated 7) on the Bank’s internal credit risk rating system, indicating potential weaknesses that warrant management’s close attention.”
Concentration in CRE
“The Bank’s CRE concentration ratio is 344.7% of risk-based capital at March 31, 2026” · word for word
23 Apr 20268-K · 2.02Franklin Financial reported Q1 2026 net income of $6.6M ($1.48/diluted share), up 69.2% YoY from $3.9M; net interest margin expanded to 3.53% from 3.05%; declared $0.34 quarterly dividend (+3% YoY).earningsopen
Figures in the filing · each found in the filing text
| Net income · Q1-2026 | $7M | +69% y/y |
| Earnings per diluted share · Q1-2026 | $1.48 | +68% y/y |
| Return on Average Assets (ROA) · Q1-2026 | 1.2% | |
| Return on Average Equity (ROE) · Q1-2026 | 15.1% | |
| Net Interest Margin (NIM) · Q1-2026 | 3.5% | |
| Total assets · Q1-2026 | $2.30B | |
| Net loans · Q1-2026 | $1.55B | |
| Total deposits · Q1-2026 | $1.89B | |
| Wealth management fees · Wealth Management · Q1-2026 | $2M | +5% y/y |
| Assets under management · Wealth Management · Q1-2026 | $1.42B |
Risks flagged
Nonaccrual CRE construction loan of $7.0M with specific reserve increase; potential for further credit deterioration.
“Largest nonaccrual CRE loan is a $7.0M construction loan on a mixed-use commercial project; specific reserve increased to $1.0M from $892K.”
Unrealized loss on securities portfolio increased to $28.8M from $26.8M, pressuring AOCI and tangible equity.
“Net unrealized loss in the portfolio was $28.8M compared to $26.8M at year-end 2025; AOCL increased from $21.6M to $23.3M.”
24 Mar 2026DEF 14AFranklin Financial Services Corporation filed its definitive proxy statement for the 2026 annual meeting, disclosing executive compensation tied to net income and ROE targets, with deposit growth below threshold.open
Risks flagged
Deposit Growth Risk
“The deposit growth performance level was below threshold for 2025.” · word for word
13 Mar 202610-KFranklin Financial Services reported a 91.2% increase in net income for FY2025, driven by net interest margin expansion and the absence of prior-year securities losses.earningsopen
Figures in the filing · each found in the filing text
| Net income · FY2025 | $21M | +91% y/y |
| Net interest margin (FTE) · FY2025 | 3.3% | |
| Return on average assets · FY2025 | 0.9% | |
| Return on average equity · FY2025 | 13.6% | |
| Efficiency ratio (non-GAAP) · FY2025 | 66.5% | |
| Diluted earnings per share · FY2025 | $4.74 | +89% y/y |
| Book value per share · 2025-12-31 | $39.11 | +20% y/y |
| Tangible book value per share (non-GAAP) · 2025-12-31 | $37.10 | +21% y/y |
| Nonaccrual loans · 2025-12-31 | $9M | +3100% y/y |
| Allowance for credit losses to loans · 2025-12-31 | 1.3% |
Risks flagged
CRE concentration risk
“The Bank’s CRE concentration ratio was 349.9% of risk-based capital at December 31, 2025 compared to 332.9% at December 31, 2024.” · word for word
Credit quality deterioration
“Nonaccrual loans totaled $8.5 million on December 31, 2025, and have increased from $266 thousand on December 31, 2024” · word for word
Interest rate risk
“Changes in interest rates could have an adverse impact upon our results of operations.” · word for word
Deposit concentration in money management
“As of December 31, 2025, 42% ($771.2 million) of all deposits are in the Bank’s money management product.” · word for word
Wealth management fee dependency on market values
“Fee income from the Bank’s Wealth Management department comprises a large percentage (48%) of total noninterest income.” · word for word
27 Jan 20268-K · 2.02Franklin Financial reports 4Q25 net income $6.0M ($1.35/diluted share), up 12.9% QoQ; NIM expands to 3.40%; loan growth 11.6% YoY; dividend increased 3.1%; wealth management fees up 4.6%.earningsopen
Figures in the filing · each found in the filing text
| Net Income · Q4-2025 | $6M | +1132% y/y |
| Earnings per Diluted Share · Q4-2025 | $1.35 | +1127% y/y |
| Net Interest Margin · Q4-2025 | 3.4% | |
| Return on Average Assets · Q4-2025 | 1.1% | |
| Return on Average Equity · Q4-2025 | 14.2% | |
| Total Assets · Q4-2025 | $2.24B | +2% y/y |
| Net Loans · Q4-2025 | $1.54B | +12% y/y |
| Total Deposits · Q4-2025 | $1.84B | +1% y/y |
| Wealth Management Fees · Wealth Management · Q4-2025 | $2M | +5% y/y |
| Assets Under Management · Wealth Management · Q4-2025 | $1.42B |
Risks flagged
Nonaccrual loans increased significantly to $8.5M (0.55% of gross loans) from $266K (0.02%) a year ago, primarily from CRE loans.
“Nonaccrual loans totaled $8.5 million on December 31, 2025, and have increased from $266 thousand on December 31, 2024; comprised primarily of CRE loans totaling $8.1 million.”
CRE concentration remains high at 57.9% of gross loans, with exposure to office buildings and hotels.
“Commercial real estate loans totaled $903.6 million (57.9% of total gross loans), with largest segments including office buildings ($92.8M) and hotels ($102.2M).”
10 Nov 202510-QFRAF reported Q3 2025 net income of $5.4M ($1.19/diluted share), up 26.9% YoY, with strong NIM expansion and loan growth, but offset by a sharp increase in nonaccrual loans and provision expense.earningsopen
Figures in the filing · each found in the filing text
| Net Income · Q3-2025 | $5M | +27% y/y |
| Diluted Earnings Per Share · Q3-2025 | $1.19 | +25% y/y |
| Net Interest Margin · Q3-2025 | 3.3% | |
| Total Assets · 2025-09-30 | $2.30B | |
| Net Loans · 2025-09-30 | $1.54B | |
| Total Deposits · 2025-09-30 | $1.90B | |
| Nonaccrual Loans · 2025-09-30 | $11M | |
| Allowance for Credit Losses · 2025-09-30 | $20M | |
| Wealth Management Fees · Wealth · Q3-2025 | $2M | +8% y/y |
| Return on Average Assets · Q3-2025 | 0.9% |
Risks flagged
Commercial Real Estate Credit Deterioration
“Nonaccrual loans totaled $10.7 million on September 30, 2025 compared to $266 thousand on December 31, 2024 and the nonperforming loan to gross loans ratio was 0.68% at September 30, 2025 compared to 0.02% on December 31, 2024.” · word for word
Tariff Impact on Loan Portfolio
“Changes to trade policies and tariffs can have an adverse impact on our business and our customers.” · word for word
Concentration in Commercial Real Estate
“The Bank’s CRE concentration ratio is 357.6% of risk-based capital at September 30, 2025 compared to 332.9% at December 31, 2024.” · word for word
28 Oct 20258-K · 2.02Net income up 26.9% YoY to $5.4M; NIM expanded to 3.32% from 2.97%; dividend increased 3.1%; loan growth 11.8% YTD; but nonaccrual loans rose sharply to $10.7M from $0.3M, with a specific reserve on CRE credit.earningsopen
Figures in the filing · each found in the filing text
| Net Income · Q3-2025 | $5M | +29% y/y |
| Earnings Per Diluted Share · Q3-2025 | $1.19 | +25% y/y |
| Net Interest Margin · Q3-2025 | 3.3% | |
| Return on Average Assets · Q3-2025 | 0.9% | |
| Return on Average Equity · Q3-2025 | 13.4% | |
| Total Assets · Q3-2025 | $2.30B | |
| Net Loans · Q3-2025 | $1.54B | |
| Total Deposits · Q3-2025 | $1.90B | |
| Nonaccrual Loans · Q3-2025 | $11M | |
| Tangible Book Value Per Share · Q3-2025 | $35.13 |
Risks flagged
Sharp increase in nonaccrual loans, primarily two CRE credits, with a specific reserve taken.
“Nonaccrual loans $10.7M vs $0.3M at Dec 2024; specific reserve $894K on construction loan.”
CRE concentration risk: 57.8% of loans in CRE, with 59% non-owner occupied.
“CRE loans $904.6M (57.8% of total loans); non-owner occupied 59%.”
FRANKLIN FINANCIAL SERVICES CORP /PA/ — questions
- What did FRANKLIN FINANCIAL SERVICES CORP /PA/ file recently?
- 13 SEC filings in the last 12 months. Latest: 8-K on 2026-10-16 — Board declared a regular quarterly cash dividend of $0.34 per share for Q4 2026, unchanged from Q3 2026 and up 3.0% YoY from $0.33 in Q4 2025.
Every figure on this page comes from FRANKLIN FINANCIAL SERVICES CORP /PA/'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.