Parent Company (Franklin Financial Services Corporation) Condensed Financial Information

12 Months Ended

Dec. 31, 2025

Parent Company (Franklin Financial Services Corporation) Condensed Financial Information [Abstract]

Parent Company (Franklin Financial Services Corporation) Condensed Financial Information

Note 23. Parent Company (Franklin Financial Services Corporation) Condensed Financial Information

Balance Sheets

	December 31
(Dollars in thousands)	2025		2024
Assets:
Cash and cash equivalents	$	173	$	9,137
Investment securities		—		166
Equity investment in subsidiaries		184,590		153,410
Other assets		1,400		1,704
Total assets	$	186,163		164,417
Liabilities:
Subordinate notes	$	10,845	$	19,699
Other liabilities		76		2
Total liabilities		10,921		19,701
Shareholders' equity		175,242		144,716
Total liabilities and shareholders' equity	$	186,163	$	164,417

Statements of Income

	Years Ended December 31
(Dollars in thousands)	2025		2024
Income:
Dividends from Bank subsidiary	$	7,350	$	5,956
Change in fair value of equity securities		(7)		209
Dividends		—		7
		7,343		6,172
Expenses:
Interest expense		1,281		1,050
Operating expenses		2,261		1,932
Income before income taxes and equity in undistributed income ‎  of subsidiaries		3,801		3,190
Income tax benefit		817		568
Equity in undistributed income of subsidiaries		16,608		7,341
Net income		21,226		11,099
Other comprehensive income/(loss) of subsidiary		13,919		5,432
Comprehensive income (loss)	$	35,145	$	16,531

Statements of Cash Flows

	Years Ended December 31
(Dollars in thousands)	2025		2024
Cash flows from operating activities
Net income	$	21,226	$	11,099
Adjustments to reconcile net income to net cash provided
by operating activities:
Equity in undistributed (income) of subsidiary		(16,608)		(7,341)
Stock option compensation		819		634
Change in fair value of equity security		7		(209)
Increase in other assets/liabilities		30		(531)
Net cash provided by operating activities		5,474		3,652
Cash flows from financing activities
Dividends paid		(5,845)		(5,629)
Redemption of subordinate notes		(9,000)		—
Cash received from option exercises		286		122
Common stock issued under dividend reinvestment plan		1,225		1,749
Treasury stock purchase		(1,104)		(827)
Net cash (used in) provided by financing activities		(14,438)		(4,585)
(Decrease) increase in cash and cash equivalents		(8,964)		(933)
Cash and cash equivalents as of January 1		9,137		10,070
Cash and cash equivalents as of December 31	$	173	$	9,137