{"schema_version":"secwatch.filing_event.v1","accession":"0000723646-23-000048","form_type":"8-K","ticker":"FRAF","cik":"0000723646","company_name":"FRANKLIN FINANCIAL SERVICES CORP /PA/","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.509040+00:00","generated_at":"2026-06-13T03:36:32.637648+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Franklin Financial Q2 net income $3.0M ($0.68 EPS) down 16.8% YoY; loans up 9%","bullets":["Net income Q2 2023: $3.0M ($0.68 diluted) vs Q2 2022: $3.6M ($0.80), down 16.8%.","Net loans increased $93.7M (9.0%) to $1.131B from Dec 31, 2022.","Deposits decreased $38.3M (2.5%) to $1.513B; cost of deposits rose to 1.16% in Q2.","Q2 provision for credit losses on loans $524K vs $0 a year ago due to loan growth and CECL.","Declared $0.32 quarterly dividend, payable Aug 23, 2023 to holders of record Aug 4."],"urls":{"canonical":"https://secwatch.observer/filing/0000723646-23-000048","json":"https://secwatch.observer/filing/0000723646-23-000048.json","markdown":"https://secwatch.observer/filing/0000723646-23-000048.md","text":"https://secwatch.observer/filing/0000723646-23-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000048/0000723646-23-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000048/fraf-20230725x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:36:32.637648+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":"73a423a03765eca165a235925480516b1badad46","claim":"FRANKLIN FINANCIAL SERVICES CORP /PA/ reported year-to-date 2023 results: net income $6.3 million, EPS $1.42 per diluted share.","evidence_excerpt":"· Net income year-to-date 2023 was $6.3 million ($1.42 per diluted share) compared to $6.6 million ($1.47 per diluted share) for the same period in 2022, a decrease of 4.9%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000048/0000723646-23-000048-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year-to-date 2023"},{"label":"Net income","value":"$6.3 million"},{"label":"EPS","value":"$1.42 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b78a5986c25ad7d79bd2dee0051e1f1eecae0c4f","claim":"FRANKLIN FINANCIAL SERVICES CORP /PA/ reported the second quarter of 2023 results: net income $3.0 million, EPS $0.68 per diluted share.","evidence_excerpt":"· Net income for the second quarter of 2023 was $3.0 million ($0.68 per diluted share) compared to $3.3 million ($0.75 per diluted share) for the first quarter of 2023 (a decrease of 9.6%), and $3.6 million ($.80 per diluted share) for the second quarter of 2022 (a decrease of 16.8%).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000048/0000723646-23-000048-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of 2023"},{"label":"Net income","value":"$3.0 million"},{"label":"EPS","value":"$0.68 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"}