{"schema_version":"secwatch.filing_event.v1","accession":"0000723646-23-000012","form_type":"8-K","ticker":"FRAF","cik":"0000723646","company_name":"FRANKLIN FINANCIAL SERVICES CORP /PA/","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.894495+00:00","generated_at":"2026-06-20T11:14:13.201877+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Franklin Financial Q4 EPS flat $0.84; full-year EPS $3.36, down 24%","bullets":["Net income for 2022 was $14.9M ($3.36 diluted EPS) vs $19.6M ($4.42) in 2021, a 24% decrease.","Q4 2022 net income $3.7M ($0.84 EPS) flat vs $3.7M ($0.82) in Q4 2021.","Net interest income for 2022 $51.6M, up 15.5%; net interest margin expanded to 3.11% from 2.88%.","Provision for loan losses expense $650K in 2022 vs a $2.1M reversal in 2021; loan loss allowance ratio 1.35%.","Declared $0.32 quarterly dividend unchanged; authorized repurchase of up to 150,000 shares over 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0000723646-23-000012","json":"https://secwatch.observer/filing/0000723646-23-000012.json","markdown":"https://secwatch.observer/filing/0000723646-23-000012.md","text":"https://secwatch.observer/filing/0000723646-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000012/0000723646-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000012/fraf-20230124x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T11:14:13.201877+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0b18c52ac4a0384881ecea6b24e9abc381e9372e","claim":"FRANKLIN FINANCIAL SERVICES CORP /PA/ reported Q4 2022 results: net income $3.7 million, EPS $0.84 per diluted share.","evidence_excerpt":"Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.7 million ($0.84 per diluted share) for the fourth quarter ended December 31, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000012/0000723646-23-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q4 2022"},{"label":"Net income","value":"$3.7 million"},{"label":"EPS","value":"$0.84 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5fd0a7edcfc299c3397619f6442e84ac871b3a80","claim":"FRANKLIN FINANCIAL SERVICES CORP /PA/ reported FY 2022 results: net income $14.9 million, EPS $3.36 per diluted share.","evidence_excerpt":"Net income for 2022 was $14.9 million ($3.36 per diluted share) compared to $19.6 million ($4.42 per diluted share) for the same twelve-month period in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000012/0000723646-23-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2022"},{"label":"Net income","value":"$14.9 million"},{"label":"EPS","value":"$3.36 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}