secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN FINANCIAL SERVICES CORP /PA/ (FRAF)
CIK:        0000723646
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0000723646-24-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723646/000072364624000010/0000723646-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723646/000072364624000010/fraf-20240130x8k.htm
  HTML page:      https://secwatch.observer/filing/0000723646-24-000010

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