{"schema_version":"secwatch.filing_event.v1","accession":"0000723646-23-000068","form_type":"8-K","ticker":"FRAF","cik":"0000723646","company_name":"FRANKLIN FINANCIAL SERVICES CORP /PA/","filed_at":"2023-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.828660+00:00","generated_at":"2026-06-09T15:10:40.191974+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Franklin Financial Q3 net income $3.9M ($0.88 EPS), down 16.7% YoY; loans up 14.9% YTD","bullets":["Net income Q3 2023 $3.9M ($0.88 diluted EPS) vs $4.6M ($1.05) Q3 2022, -16.7%; Q2 2023 $3.0M.","Provision for credit losses $875K in Q3 vs $524K Q2 2023 and $0 Q3 2022.","Net loans +14.9% YTD to $1.19B; deposits +1.0% YTD; borrowings $110M (BTFP $70M, FHLB $40M).","NIM 3.33% YTD vs 2.96% prior year; yield on earning assets +145bp, cost of funds +136bp.","Declared $0.32 quarterly dividend, payable Nov 22; repurchased 83,058 shares YTD under 150K-share plan."],"urls":{"canonical":"https://secwatch.observer/filing/0000723646-23-000068","json":"https://secwatch.observer/filing/0000723646-23-000068.json","markdown":"https://secwatch.observer/filing/0000723646-23-000068.md","text":"https://secwatch.observer/filing/0000723646-23-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000068/0000723646-23-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000068/fraf-20231024x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T15:10:40.191974+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":"0cbe1b7b0b5fd6e7fbfda80db2760b72953b2568","claim":"FRANKLIN FINANCIAL SERVICES CORP /PA/ reported third quarter of 2023 results: net income $3.9 million ($0.88 per diluted share), EPS $0.88 per diluted share.","evidence_excerpt":"Net income for the third quarter of 2023 was $3.9 million ($0.88 per diluted share) compared to $3.0 million ($0.68 per diluted share) for the second quarter of 2023 (an increase of 22.9%), and $4.6 million ($1.05 per diluted share) for the third quarter of 2022 (a decrease of 16.7%).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000068/0000723646-23-000068-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Net income","value":"$3.9 million ($0.88 per diluted share)"},{"label":"EPS","value":"$0.88 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a7fb312f70afe6929f8e025b09de3c65cc078414","claim":"FRANKLIN FINANCIAL SERVICES CORP /PA/ reported nine months ended September 30, 2023 results: net income Net income year-to-date for 2023 was $10.1 million ($2.31 per diluted share), EPS $2.31 per diluted share.","evidence_excerpt":"Net income year-to-date for 2023 was $10.1 million ($2.31 per diluted share) compared to $11.2 million ($2.52 per diluted share) for the same period in 2022, a decrease of 9.7%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723646/000072364623000068/0000723646-23-000068-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended September 30, 2023"},{"label":"Net income","value":"Net income year-to-date for 2023 was $10.1 million ($2.31 per diluted share)"},{"label":"EPS","value":"$2.31 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"}