FRANKLIN FINANCIAL SERVICES CORPORATION FRAF Balance Sheet

Franklin financial services corporation (FRAF)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Cash and due from banks
12,848	15,336	21,116	19,383	11,771	16,957	16,281	14,626	14,148	21,433	16,678	14,937	13,731	16,888	16,770	15,668	12,912	20,664	20,160	17,649	21,277	14,258	15,302	17,515	16,806	13,542	22,475	14,789	12,578	20,578	16,278	17,739	17,058	16,932	23,334	16,775	11,528
Short-term interest-bearing deposits in other banks
40,502	68,492	129,018	-	-	36,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest-bearing deposits in other banks
-	-	-	63,064	35,262	-	28,496	14,844	27,934	37,170	54,683	30,812	25,942	19,777	23,824	25,381	46,215	18,502	20,743	46,754	44,050	34,335	40,905	37,276	62,575	27,203	39,158	79,326	99,209	57,256	87,939	73,365	69,315	17,212	12,067	23,844	10,578
Total cash and cash equivalents
53,350	83,828	150,134	82,447	47,033	52,957	44,777	29,470	42,082	58,603	71,361	45,749	39,673	36,665	40,594	41,049	59,127	39,166	40,903	64,403	65,327	48,593	56,207	54,791	79,381	40,745	61,633	94,115	111,787	77,834	104,217	91,104	86,373	34,144	35,401	40,619	22,106
Long-term interest-bearing deposits in other banks
10,738	8,746	9,496	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt securities available for sale, at fair value
208,040	187,433	147,328	129,422	127,881	131,472	-	-	-	126,971	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt securities available for sale, at fair value
-	-	-	-	-	-	125,403	127,899	133,322	-	132,322	136,036	137,182	143,875	155,345	163,557	154,691	159,473	169,516	176,424	176,740	171,751	176,111	175,419	161,626	159,674	162,761	150,004	134,832	133,328	134,321	132,804	121,722	125,301	131,588	132,449	117,616
Equity securities
313	440	384	390	377	374	383	-	-	365	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity securities
-	-	-	-	-	-	-	403	410	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted stock
465	465	465	465	452	452	452	624	456	456	456	456	436	1,767	1,118	436	439	782	855	439	438	438	1,938	1,938	1,906	1,906	1,906	2,135	3,050	3,571	4,104	4,535	4,772	5,022	5,285	5,561	6,159
Loans held for sale
2,751	2,040	1,929	692	195	118	1,072	456	-	442	452	834	448	540	367	487	559	461	376	1,755	-	389	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	155	-	1,333	600	156	349	446	238	327	67	991	795	-	-	-	-	-
Loans
936,386	934,575	937,215	982,457	980,466	973,375	970,983	967,296	942,653	943,700	911,503	901,414	903,529	893,873	858,576	826,656	802,568	782,016	770,675	733,212	722,958	726,531	730,645	732,719	726,058	723,413	720,151	729,167	746,164	753,579	752,596	768,364	763,636	766,410	766,606	771,997	748,642
Allowance for loan losses
14,730	11,966	12,182	12,553	12,681	12,415	12,526	12,482	11,989	11,792	11,543	11,307	11,278	11,075	10,685	10,318	10,342	10,086	9,873	9,450	9,210	9,111	8,935	9,519	9,745	9,702	11,376	11,438	10,943	10,379	10,113	9,627	9,507	9,723	9,195	10,150	8,801
Net Loans
921,656	922,609	925,033	969,904	967,785	960,960	958,457	954,814	930,664	931,908	899,960	890,107	892,251	882,798	847,891	816,338	792,226	771,930	760,802	723,762	713,748	717,420	721,710	723,200	716,313	713,711	708,775	717,729	735,221	743,200	742,483	758,737	754,129	756,687	757,411	761,847	739,841
Premises and equipment, net
13,717	13,851	13,186	13,329	13,347	13,521	13,267	13,452	13,576	13,741	13,807	13,897	13,783	14,058	14,322	14,414	14,592	14,759	14,797	14,531	14,843	15,046	15,386	15,762	16,006	16,145	16,408	16,599	16,897	17,037	16,180	16,083	15,961	16,041	16,211	16,343	16,592
Right of use asset
5,118	5,126	5,515	5,649	6,099	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank owned life insurance
20,955	23,748	23,878	23,751	23,623	23,496	23,366	23,237	23,108	22,980	22,850	22,721	22,590	22,459	22,327	22,196	22,063	22,364	22,228	22,377	22,237	22,098	21,956	21,816	21,673	21,530	21,379	21,229	21,076	20,925	20,766	20,607	20,440	20,273	20,099	19,931	19,591
Goodwill
9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016	9,016
Other intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90	181	387	491	594	698	804	910	1,017	1,123	1,231	1,340	1,449	1,558	1,669	1,782	2,004
Other real estate owned
-	-	2,693	2,684	2,684	2,684	2,665	2,665	2,592	2,598	2,629	3,115	3,115	4,915	5,872	6,194	6,331	6,451	6,807	4,018	4,018	3,666	3,737	4,112	4,307	4,708	4,738	5,264	5,420	5,127	6,165	3,290	3,123	3,224	-	-	-
Deferred tax asset, net
3,570	4,003	5,369	5,491	5,700	5,992	4,170	4,035	6,062	5,803	6,146	6,180	5,987	5,844	4,044	3,947	4,288	4,758	4,567	-	-	4,328	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,690	4,659	-	4,617	4,717	5,065	5,445	6,441	5,851	5,341	5,461	6,103	6,169	6,224	6,384	-	-	-
Other assets
12,437	7,852	7,347	8,901	8,768	8,545	11,596	11,470	7,254	6,930	6,550	6,544	6,653	5,506	6,224	6,412	6,604	6,135	6,456	7,124	8,066	8,522	10,400	10,689	10,408	10,660	8,963	9,551	10,212	10,674	11,696	12,421	12,689	12,598	20,261	18,982	18,964
Total assets
1,262,126	1,269,157	1,301,773	1,252,141	1,212,960	1,209,587	1,194,624	1,177,541	1,168,542	1,179,813	1,165,549	1,134,655	1,131,134	1,127,443	1,107,120	1,084,046	1,069,936	1,035,295	1,036,323	1,028,539	1,019,337	1,001,448	1,022,798	1,022,551	1,026,451	984,587	1,003,270	1,032,641	1,054,196	1,027,363	1,057,273	1,056,901	1,035,898	990,248	996,941	1,006,530	951,889
Liabilities
Deposits
Noninterest-bearing checking
198,384	192,108	209,503	204,386	192,004	197,417	196,478	203,553	193,237	196,853	183,297	173,030	171,696	170,345	174,390	162,515	159,829	152,095	151,603	143,564	147,876	136,910	138,346	129,270	128,670	121,565	122,874	118,943	114,990	123,623	118,180	109,023	117,553	104,245	105,596	105,808	90,317
Money management, savings and interest checking
835,208	843,936	860,925	822,646	795,411	823,619	807,643	784,802	774,837	774,857	774,513	762,254	761,149	737,140	726,845	722,413	707,596	680,686	676,339	680,424	662,661	645,672	657,731	665,627	653,902	610,245	613,798	627,910	609,469	572,698	548,009	550,742	521,334	495,426	478,795	480,831	441,819
Time
83,841	89,348	89,173	86,017	89,076	61,593	67,736	69,325	66,387	75,471	75,338	72,094	73,749	74,635	77,317	80,626	83,543	85,731	89,505	92,071	94,858	98,599	102,788	105,807	110,313	113,914	129,146	134,944	177,719	178,119	191,637	196,881	196,647	188,315	204,955	208,261	202,195
Total deposits
1,117,433	1,125,392	1,159,601	1,113,049	1,076,491	1,082,629	1,071,857	1,057,680	1,034,461	1,047,181	1,033,148	1,007,378	1,006,594	982,120	978,552	965,554	950,968	918,512	917,447	916,059	905,395	881,181	898,865	900,704	892,885	845,724	865,818	881,797	902,178	874,440	857,826	856,646	835,534	787,986	789,346	794,900	734,331
Lease liability
5,159	5,161	5,543	5,670	6,113	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase Agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,000	12,000	12,401	12,403	12,405	12,406	12,408	12,410	37,922	46,292	46,659	48,336	48,892	49,304	70,885
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	24,270	8,530	-	-	-	3,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,079	1,556	2,264	15,905	23,834	23,870	38,934	39,365	42,209	56,151	51,028	52,300	53,103	63,216	65,261	51,164
Other liabilities
10,529	11,076	10,529	9,508	8,865	8,562	8,739	8,689	16,957	17,488	7,821	4,917	5,362	4,560	3,159	2,544	4,655	5,407	5,263	5,302	7,980	7,667	8,290	7,624	7,587	7,238	7,811	6,743	7,325	6,670	13,670	13,007	13,143	13,641	9,011	10,870	12,870
Total liabilities
1,133,121	1,141,629	1,175,673	1,128,227	1,091,469	1,091,191	1,080,596	1,066,369	1,051,418	1,064,669	1,040,969	1,012,295	1,011,956	1,010,950	990,241	968,098	955,623	923,919	926,210	921,361	913,375	897,927	920,711	922,592	928,778	889,199	909,904	939,880	961,276	935,729	965,569	966,973	947,636	903,066	910,465	920,335	869,250
Shareholders' equity
Common stock, $1 par value per share,15,000,000 shares authorized with 4,710,822 shares issued and 4,337,520 shares outstanding at March 31, 2020 and 4,709,849 shares issued and 4,352,753 shares outstanding at December 31, 2019
4,711	4,710	4,709	4,708	4,708	4,701	4,701	4,700	4,696	4,689	4,688	4,688	4,688	4,688	4,688	4,685	4,673	4,659	4,643	4,625	4,616	4,607	4,590	4,581	4,571	4,561	4,540	4,526	4,516	4,503	4,489	4,472	4,453	4,419	4,395	4,352	4,317
Capital stock without par value, 5,000,000 shares authorized with no shares issued and outstanding
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
42,390	42,268	42,149	42,040	41,841	41,530	41,380	41,079	40,668	40,396	40,238	40,096	39,867	39,752	39,584	39,454	39,083	38,778	38,343	37,926	37,707	37,504	37,141	36,980	36,796	36,636	36,313	36,106	35,967	35,788	35,599	35,385	35,153	34,698	34,367	33,709	33,096
Retained earnings
95,359	94,946	91,855	88,658	85,991	83,946	81,330	78,514	84,876	82,218	89,532	87,498	85,194	83,081	82,262	81,090	80,430	78,517	77,059	75,288	73,618	71,452	70,320	68,623	67,014	65,897	65,463	63,982	63,328	62,475	62,827	61,775	60,559	60,280	59,458	59,470	57,984
Accumulated other comprehensive loss
-4,360	-5,986	-4,035	-4,498	-5,281	-6,380	-7,790	-7,282	-7,010	-6,028	-3,607	-3,542	-3,916	-4,215	-2,547	-2,356	-3,020	-3,722	-3,076	-3,800	-3,041	-3,100	-3,018	-3,277	-3,702	-4,696	-5,940	-4,838	-3,813	-4,050	-4,128	-4,620	-4,819	-5,131	-4,660	-4,249	-5,642
Treasury stock, 373,302 shares at March 31, 2020 and 357,096 shares at December 31, 2019, at cost
9,095	8,410	8,578	6,994	5,768	5,401	5,593	5,839	6,106	6,131	6,271	6,380	6,655	6,813	7,108	6,925	6,853	6,856	6,856	6,861	6,938	6,942	6,946	6,948	7,006	7,010	7,010	7,015	7,078	7,082	7,083	7,084	7,084	7,084	7,084	7,087	7,116
Total shareholders' equity
129,005	127,528	126,100	123,914	121,491	118,396	114,028	111,172	117,124	115,144	124,580	122,360	119,178	116,493	116,879	115,948	114,313	111,376	110,113	107,178	105,962	103,521	102,087	99,959	97,673	95,388	93,366	92,761	92,920	91,634	91,704	89,928	88,262	87,182	86,476	86,195	82,639
Total liabilities and shareholders' equity
1,262,126	1,269,157	1,301,773	1,252,141	1,212,960	1,209,587	1,194,624	1,177,541	1,168,542	1,179,813	1,165,549	1,134,655	1,131,134	1,127,443	1,107,120	1,084,046	1,069,936	1,035,295	1,036,323	1,028,539	1,019,337	1,001,448	1,022,798	1,022,551	1,026,451	984,587	1,003,270	1,032,641	1,054,196	1,027,363	1,057,273	1,056,901	1,035,898	990,248	996,941	1,006,530	951,889