secwatch / observer

FRANKLIN FINANCIAL SERVICES CORP /PA/ — fact timeline

Source-grounded facts extracted from FRANKLIN FINANCIAL SERVICES CORP /PA/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

FRAF FRANKLIN FINANCIAL SERVICES CORP /PA/ JSON
Earnings Releases

FRANKLIN FINANCIAL SERVICES CORP /PA/ reported first quarter ended March 31, 2026 results: net income $6.6 million, EPS $1.48 per diluted share.

“Net income: $6.6 million ($1.48 per diluted share) for the first quarter of 2026. This is an increase of $594 thousand (9.8%) compared to $6.0 million ($1.35 per diluted share) for the fourth quarter of 2025 and an increase of $2.7 million (69.2%) compared to $3.9 million ($0.88 per diluted share) for the first quarter of 2025.”
Governance Changes

FRANKLIN FINANCIAL SERVICES CORP /PA/: Removed Section 5.9 of the bylaws, which had imposed term limits on the Chairman of the Board, restricting service to no more than three consecutive one-year terms, subject to waiver provisions (effective 2026-01-15).

“On January 15, 2026, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”) amended the bylaws of the Corporation by removing Section 5.9 of the bylaws in its entirety.”

Craig W. Best was appointed as Chief Executive Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“Craig W. Best, President of the Corporation and Farmers and Merchants Trust Company of Chambersburg (the “Bank”), will succeed Timothy G. Henry as Chief Executive Officer of the Corporation and the Bank on April 29, 2025 upon conclusion of the Corporation’s 2025 Annual Meeting.”

Timothy G. Henry retired as Chief Executive Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“Mr. Henry’s previously announced retirement date of April 29, 2025 has been extended to May 2, 2025.”

Craig W. Best was appointed as Director (Class A) at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“effective January 16, 2025, Mr. Best will be appointed as a member (Class A) of the boards of directors of the Corporation and the Bank.”

Craig W. Best was appointed as President and Chief Executive Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“Following Mr. Henry’s retirement, Mr. Best will be appointed as President and Chief Executive Officer of the Corporation and the Bank.”

Craig W. Best was appointed as President at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“On January 14, 2025, the Corporation announced that Craig W. Best had been selected as the successor to Mr. Henry and that he would be joining the Corporation and the Bank, as President effective January 14, 2025”

Timothy G. Henry departed as President and Chief Executive Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“As previously disclosed, Timothy G. Henry, President and Chief Executive Officer of Franklin Financial Services Corporation (the “Corporation”) and President and Chief Executive Officer of its wholly-owned subsidiary, Farmers and Merchants Trust Company of Chambersburg (the “Bank”), announced his retirement effective April 29, 2025.”

Timothy G. Henry departed as President and Chief Executive Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“On November 1, 2024, Timothy G. Henry, President and Chief Executive Officer of Franklin Financial Services Corporation and President and Chief Executive Officer of its wholly-owned subsidiary, Farmers and Merchants Trust Company of Chambersburg, announced his retirement effective April 29, 2025.”
Earnings Releases

FRANKLIN FINANCIAL SERVICES CORP /PA/ reported the three months ended March 31, 2024 results: net income $3.4 million, EPS $0.77.

“Net income for the first quarter of 2024 was $3.4 million”
Earnings Releases

FRANKLIN FINANCIAL SERVICES CORP /PA/ reported financial results for three and twelve months ended December 31, 2023.

“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.”
Earnings Releases

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.

“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%.”
Earnings Releases

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.

“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%).”
Earnings Releases

FRANKLIN FINANCIAL SERVICES CORP /PA/ reported year-to-date 2023 results: net income $6.3 million, EPS $1.42 per diluted share.

“· Net income year-to-date 2023 was $6.3 million ($1.42 per diluted share) compared to $6.6 million ($1.47 per diluted share) for the same period in 2022, a decrease of 4.9%.”
Earnings Releases

FRANKLIN FINANCIAL SERVICES CORP /PA/ reported the second quarter of 2023 results: net income $3.0 million, EPS $0.68 per diluted share.

“· Net income for the second quarter of 2023 was $3.0 million ($0.68 per diluted share) compared to $3.3 million ($0.75 per diluted share) for the first quarter of 2023 (a decrease of 9.6%), and $3.6 million ($.80 per diluted share) for the second quarter of 2022 (a decrease of 16.8%).”
Shareholder Votes

FRANKLIN FINANCIAL SERVICES CORP /PA/ shareholders approved Ratification of the selection of Crowe LLP, as the independent registered public accounting firm for 2023 at the 2023-04-25 meeting.

“Proposal 4 – Ratification of the selection of Crowe LLP, as the independent registered public accounting firm for 2023. Votes For Votes Against Abstentions Broker Non-Votes 2,878,816 22,292 16,220 0 The selection of Crowe LLP was ratified.”
Shareholder Votes

FRANKLIN FINANCIAL SERVICES CORP /PA/ shareholders voted on Advisory Vote on frequency of Say-On-Pay vote at the 2023-04-25 meeting.

“Proposal 3 – Advisory Vote on frequency of Say-On-Pay vote. Annual Every 2 Years Every 3 Years Abstentions Broker Non-Votes 2,026,900 40,378 73,231 160,890 615,929”
Shareholder Votes

FRANKLIN FINANCIAL SERVICES CORP /PA/ shareholders approved Advisory Vote on Compensation of Named Executive Officers (Say-On-Pay) at the 2023-04-25 meeting.

“Proposal 2 – Advisory Vote on Compensation of Named Executive Officers (Say-On-Pay). Votes For Votes Against Abstentions Broker Non-Votes 1,988,989 221,298 91,112 615,929”
Shareholder Votes

FRANKLIN FINANCIAL SERVICES CORP /PA/ shareholders approved Election of four Directors to Class A for a term of three years at the 2023-04-25 meeting.

“Proposal 1 – Election of four Directors to Class A for a term of three years .  Director Votes For Votes Withheld Broker Non-Votes G. Warren Elliott 2,165,010 136,390 615,929 Timothy G. Henry 2,255,048 46,351 615,929 Stanley J. Kerlin 2,170,543 130,857 615,929 Kimberly M. Rzomp 2,252,754 48,645 615,929 Directors Elliott, Henry, Kerlin and Rzomp were elected.”
Earnings Releases

FRANKLIN FINANCIAL SERVICES CORP /PA/ reported the three months ended March 31, 2023 results: net income $3.3 million, EPS $0.75 per diluted share.

“The news release of Franklin Financial Services Corporation, dated April 25, 2023 and attached as Exhibit 99.1, announces its earnings for the three months ended March 31, 2023 and is incorporated by reference herein.”
Earnings Releases

FRANKLIN FINANCIAL SERVICES CORP /PA/ reported FY 2022 results: net income $14.9 million, EPS $3.36 per diluted share.

“Net income for 2022 was $14.9 million ($3.36 per diluted share) compared to $19.6 million ($4.42 per diluted share) for the same twelve-month period in 2021.”
Earnings Releases

FRANKLIN FINANCIAL SERVICES CORP /PA/ reported Q4 2022 results: net income $3.7 million, EPS $0.84 per diluted share.

“Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.7 million ($0.84 per diluted share) for the fourth quarter ended December 31, 2022”

Charles (Chad) B. Carroll was appointed as Executive Vice President and Chief Operating Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“On January 5, 2023, Farmers and Merchants Trust company of Chambersburg (the “Bank), the wholly owned subsidiary of Franklin Financial Services Corporation (the “Corporation”), announced the hiring of Charles (Chad) B. Carroll as Executive Vice President and Chief Operating Officer.”

Gregory I. Snook was appointed as Director at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“On December 15, 2022, the Board of Directors of Franklin Financial Services Corporation (the “Corporation”), appointed Gregory I. Snook as Director of the Corporation.”

Steven M. Poynot resigned as Executive Vice President and Chief Operating Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“On September 19, 2022, Steven M. Poynot, Executive Vice President and Chief Operating Officer of Farmers and Merchants Trust Company of Chambersburg (the Bank), a subsidiary of Franklin Financial Services Corporation (the Corporation), announced his intention to resign his position with the Bank.”

Joseph C. Lieb changed role as Senior Vice President and Chief Technology Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“the promotion of Joseph C. Lieb to Senior Vice President and Chief Technology Officer”

Steven M. Poynot was appointed as Executive Vice President and Chief Operating Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“announces the hiring of Steven M. Poynot as Executive Vice President and Chief Operating Officer”

Mark R. Hollar changed role as Executive Vice President, Treasurer and Chief Financial Officer at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“On February 3, 2022, Mark R. Hollar was promoted from Senior Vice President, Treasurer and Chief Financial Officer of Franklin Financial Services Corporation (the “Corporation”) and Farmers and Merchants Trust Company of Chambersburg, the Corporation’s wholly-owned subsidiary, to Executive Vice President, Treasurer and Chief Financial Officer.”

Patricia D. Lacy resigned as Class B Director at FRANKLIN FINANCIAL SERVICES CORP /PA/.

“On October 28, 2021, Patricia D. Lacy, a Class B Director, submitted her resignation, effective November 1, 2021, from the Boards of Directors of Franklin Financial Services Corporation (the “Corporation”) and Farmers and Merchants Trust Company of Chambersburg, the Corporation’s wholly-owned subsidiary.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.