secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN FINANCIAL SERVICES CORP /PA/ (FRAF)
CIK:        0000723646
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0000723646-25-000055
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Financial Q2 net income up 95% to $1.32 EPS; NPLs surge to $10.8M
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- Q2 net income $5.9M ($1.32 diluted EPS) vs $3.0M ($0.66) in Q2 2024, a 94.8% increase.
- Net interest income rose 21.3% to $17.2M; NIM expanded to 3.21% from 2.99%.
- Nonperforming loans jumped to $10.8M (0.71% of loans) from $0.3M (0.02%) at year-end, driven by two loans.
- Loan growth of 8.7% to $1.500B; deposits up 4.3% to $1.893B; deposit cost fell to 1.90% in Q2.
- Declared $0.33 quarterly dividend (3.1% YoY increase), payable Aug 27 to record Aug 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723646/000072364625000055/0000723646-25-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723646/000072364625000055/fraf-20250722x8k.htm
  HTML page:      https://secwatch.observer/filing/0000723646-25-000055

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