---
schema_version: "secwatch.filing_event.v1"
accession: "0000723646-24-000010"
form_type: "8-K"
ticker: "FRAF"
cik: "0000723646"
company_name: "FRANKLIN FINANCIAL SERVICES CORP /PA/"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:25:15.586037+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Financial Q4 net income $3.5M, down 6.6% YoY; full-year EPS $3.10 vs $3.36

## Summary
- Q4 net income $3.5M ($0.79 diluted EPS) vs $3.7M ($0.84) in Q4 2022, down 6.6%.
- Full-year 2023 net income $13.6M ($3.10 diluted EPS) vs $14.9M ($3.36) in 2022, down 7.7%.
- Net loans grew 19.7% YoY to $1.24B; total deposits fell 0.9% to $1.53B.
- Net interest margin (NIM) for 2023 was 3.31%, up from 3.11% in 2022.
- Board declared $0.32 per share quarterly dividend, payable Feb 28, 2024.

## SEC filing metadata
- accession: 0000723646-24-000010
- form_type: 8-K
- ticker: FRAF
- cik: 0000723646
- company_name: FRANKLIN FINANCIAL SERVICES CORP /PA/
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723646/000072364624000010/0000723646-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723646/000072364624000010/fraf-20240130x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000723646-24-000010
- JSON: https://secwatch.observer/filing/0000723646-24-000010.json
- Plain text: https://secwatch.observer/filing/0000723646-24-000010.txt

## Key facts
- Earnings Releases
  FRANKLIN FINANCIAL SERVICES CORP /PA/ reported financial results for three and twelve months ended December 31, 2023.
  - Period: three and twelve months ended December 31, 2023
  - Result: reported results
  source text: The news release of Franklin Financial Services Corporation, dated January 30, 2024 and attached as Exhibit 99.1, announces its earnings for the three and twelve months ended December 31, 2023 and is incorporated by reference herein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/723646/000072364624000010/0000723646-24-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.