---
schema_version: "secwatch.filing_event.v1"
accession: "0000723646-25-000013"
form_type: "8-K"
ticker: "FRAF"
cik: "0000723646"
company_name: "FRANKLIN FINANCIAL SERVICES CORP /PA/"
filed_at: "2025-01-28T23:59:59+00:00"
generated_at: "2026-05-27T08:44:25.129727+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Franklin Financial Q4 net income plunges 86% to $0.11/sh on securities loss; full year down 18.4%

## Summary
- Q4 net income $487K ($0.11/diluted) vs $3.5M ($0.79) in Q4 2023, down 86% due to $3.4M after-tax loss on investment securities sold in portfolio restructuring.
- Full year 2024 net income $11.1M ($2.51/diluted) vs $13.6M ($3.10) in 2023, down 18.4%.
- Net loans up 11.2% to $1.380B; total deposits up 18.1% to $1.816B; total assets $2.198B, up 19.7% YoY.
- Net interest margin (NIM) for 2024 was 2.95% vs 3.31% in 2023; net interest income $57.5M, up 7.2%.
- Board declared $0.32 regular quarterly dividend, payable Feb 26, 2025; authorized repurchase of up to 150,000 shares through Dec 31, 2025.

## SEC filing metadata
- accession: 0000723646-25-000013
- form_type: 8-K
- ticker: FRAF
- cik: 0000723646
- company_name: FRANKLIN FINANCIAL SERVICES CORP /PA/
- filed_at: 2025-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723646/000072364625000013/0000723646-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723646/000072364625000013/fraf-20250128x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000723646-25-000013
- JSON: https://secwatch.observer/filing/0000723646-25-000013.json
- Plain text: https://secwatch.observer/filing/0000723646-25-000013.txt

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