Franklin financial services corporation (FRAF)

CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities
Net income

14,597

16,115

15,524

15,025

5,860

6,125

-4,942

-5,865

2,658

2,176

11,163

10,161

8,381

8,087

8,630

9,134

10,046

10,204

9,784

9,615

9,460

8,402

7,696

7,471

6,507

6,232

5,435

4,996

5,547

5,365

6,923

6,236

6,089

6,569

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,422

1,448

1,466

1,475

1,488

1,470

1,457

1,436

1,405

1,404

1,405

1,412

1,407

0

0

0

Depreciation and amortization

1,363

1,370

1,371

1,343

1,335

1,330

1,341

1,342

1,326

1,325

1,316

1,330

1,346

1,345

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization of loans and investment securities

1,168

1,237

1,323

1,564

1,679

1,708

1,768

1,805

1,799

1,730

1,668

1,625

1,631

1,617

1,629

1,657

1,637

1,659

1,694

1,721

1,767

1,818

1,707

1,843

1,827

1,860

1,976

1,745

1,652

1,511

1,429

1,319

1,136

975

0

0

0

Amortization and net change in mortgage servicing rights valuation

-

-

-

-

-

-

-

-

-

55

55

55

55

55

55

52

37

34

49

42

44

41

23

25

8

50

56

110

190

133

137

163

192

235

0

0

0

Amortization of intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

181

387

491

503

517

417

419

423

425

427

430

432

435

438

440

444

446

0

0

0

Provision for loan losses

2,838

237

612

1,024

10,153

9,954

9,829

9,829

750

670

870

1,770

3,595

3,775

3,575

2,825

1,260

1,285

1,335

935

891

764

1,429

1,779

2,315

2,920

3,580

4,055

4,078

5,225

5,682

7,632

8,574

7,524

0

0

0

Decrease (increase) in fair value of equity securities

-64

66

1

-13

-33

9

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt securities losses (gains), net

222

256

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment write-down on securities recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

40

30

20

20

20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on conversion of investment security

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

728

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt securities gains, net

-

-

-

-

-

-

-

-

-

-

-

0

23

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses on off-balance sheet exposures

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans originated for sale

33,448

30,692

37,716

28,712

25,573

21,633

19,251

16,129

11,194

9,887

9,147

7,580

7,387

8,972

9,526

10,272

11,044

9,121

9,288

9,162

8,343

8,904

8,157

8,491

9,002

10,207

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of loans

30,892

28,770

36,859

28,476

25,378

21,957

18,631

16,507

11,642

9,985

9,062

7,233

7,498

8,893

9,535

11,540

10,640

9,049

10,245

8,007

8,344

8,864

7,270

8,129

9,173

9,925

0

0

0

-

-

-

-

-

-

-

-

Write-down on premises and equipment

-

-

-

-

-

-

-

-

-

45

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of premise and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-31

-31

-10

-8

32

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-down of other real estate owned

-

-

-

-

-

6

29

40

44

83

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Writedown on other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains on sales of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net (gain) loss on sale or disposal of other real estate/other repossessed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-147

0

0

0

-

-

-

-

Loss on sale of premises

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of life insurance

506

509

512

513

514

515

516

516

518

521

523

526

527

531

534

539

547

551

558

561

564

568

576

586

596

605

614

623

637

652

0

0

0

-

-

-

-

Gains from claim on life insurance policy

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock option compensation

0

-

-

-

-

185

185

177

165

161

161

137

101

88

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Contribution to pension plan

-

-

-

-

-

1,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,783

3,271

2,458

1,844

2,112

0

0

0

Increase in other assets

0

-1,089

-5,022

-2,889

559

957

2,906

2,192

-1,254

-293

222

-247

-310

-1,174

-720

-559

-1,700

-2,443

-2,677

-2,534

-1,143

-1,036

65

-611

-1,828

-1,806

-1,064

-230

1,292

859

-657

-707

-105

-135

0

0

0

(Decrease) increase in other liabilities

493

892

-231

-863

-205

-175

-170

2,274

474

945

3,906

1,496

209

-1,094

-2,508

-3,151

-3,720

-2,758

-3,049

-2,101

545

707

1,031

1,758

908

880

0

0

0

-

-

-

-

-

-

-

-

Decrease (increase) in interest receivable and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Decrease in interest receivable and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Increase in interest payable and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,733

1,934

-1,249

699

0

0

0

Net cash provided by operating activities

17,237

18,966

21,891

20,055

10,026

9,302

4,593

7,782

16,603

16,252

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

11,784

-

14,352

12,491

14,574

14,356

12,524

14,144

14,864

15,397

0

0

0

-

-

-

-

-

-

-

-

Cash flows from investing activities
Net increase in long-term interest-bearing deposits in other banks

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales and calls of investment securities available for sale

-

-

-

-

-

-

-

-

-

1,205

2,775

2,535

3,685

3,825

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,772

0

0

0

Proceeds from sales and calls of investment securities available for sale

15,070

18,781

18,837

17,315

2,321

4,171

9,664

14,783

21,904

22,424

23,284

24,916

24,213

25,393

27,500

27,920

31,150

30,123

26,978

27,188

25,924

25,369

27,021

26,121

28,175

32,184

32,620

34,926

34,365

34,789

32,506

29,242

27,896

21,713

0

0

0

Proceeds from maturities and pay-downs of securities available for sale

35,600

30,743

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investment securities available for sale

129,459

104,829

67,568

39,166

22,139

30,175

0

0

0

-

-

-

-

985

16,604

16,604

13,179

21,688

25,950

34,544

45,547

41,217

40,741

54,719

64,296

69,100

72,390

60,309

48,798

43,673

39,939

38,993

32,834

37,562

0

0

0

Net (increase) decrease in restricted stock

-

-

-

-

-

-

-

-

-

-1,311

14,958

15,640

15,617

16,605

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

1,181

1,026

1,080

1,137

0

0

0

Net increase in loans

-43,273

-38,105

-32,805

16,174

47,359

39,083

68,456

74,734

39,363

49,911

53,148

75,706

103,857

114,780

90,661

97,762

81,918

58,496

43,107

1,750

-1,263

4,506

14,226

7,251

-16,729

-26,375

-29,429

-32,688

-10,289

-3,938

0

0

0

-

-

-

-

Capital expenditures

1,692

1,654

1,173

1,116

1,191

1,162

847

948

1,260

1,119

935

941

395

579

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease (increase) in loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from the sale of other real estate/other repossessed assets

-

-

-

-

-

79

75

579

664

2,298

2,255

2,152

2,310

625

1,004

603

445

508

129

504

718

868

0

0

0

-

-

-

-

788

1,009

570

588

517

0

0

0

Proceeds from surrender of life insurance policy

-

-

-

-

-

-

-

-

-

-

-

-

-

436

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-43,827

-23,481

3,017

-17,230

-43,641

-47,489

-67,169

-71,498

-39,173

-32,240

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Capital expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

835

214

247

345

363

573

523

527

1,624

1,884

2,273

2,297

1,266

1,032

867

742

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-61,753

-

-36,482

-2,097

-11,000

-12,942

-26,381

-33,465

-12,645

-3,556

0

0

0

-

-

-

-

-

-

-

-

Cash flows from financing activities
Net increase in deposits

-

-

-

-

-

-

-

-

35,229

64,225

56,575

50,356

65,420

74,704

73,293

60,940

56,888

50,199

31,865

29,091

27,965

50,772

59,405

48,044

58,113

35,489

70,483

87,088

85,572

96,650

81,798

73,126

82,293

67,535

0

0

0

Net decrease in demand deposits, interest-bearing checking, and savings accounts

58,924

27,755

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in time deposits

0

-

0

0

0

-

-7,602

-2,769

-7,362

836

-1,979

-8,532

-9,794

-11,096

-12,188

-11,445

-11,315

-12,868

-13,283

-13,736

-15,455

-15,315

-26,358

-29,137

-67,406

-64,205

-62,491

-61,937

-18,928

-10,196

-13,318

-11,380

-4,066

-13,880

0

0

0

Net decrease in repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,079

-1,556

-2,264

-15,905

-14,755

-22,314

-36,670

-23,460

-18,375

-32,281

-12,094

-12,935

-10,894

0

0

0

-

-

-

-

Net (decrease) increase in short-term borrowings

-

-

-

-

-

-

-

-

-

-24,270

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,403

405

406

7

7

25,517

33,886

34,251

35,926

10,970

3,012

15,053

22,549

0

0

0

Net increase in short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Dividends paid

5,229

5,115

4,999

4,881

4,745

4,598

4,453

4,312

4,169

4,031

3,893

3,753

3,617

3,523

3,427

3,332

3,234

3,139

3,045

2,950

2,856

2,847

2,839

2,830

2,821

2,810

2,799

2,789

2,778

3,170

3,554

3,931

4,305

4,273

0

0

0

Purchase of Treasury shares

4,458

3,846

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received from option exercises

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

92

96

93

59

59

55

57

53

52

0

0

0

-

-

-

-

30

0

0

0

Treasury shares issued under employee stock purchase plan

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury shares issued under dividend reinvestment plan

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issued under stock option plans

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

1,249

984

965

923

887

939

903

926

785

795

878

1,174

0

0

0

-

-

-

-

Common stock issued under dividend reinvestment plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

43,769

-

6,826

-782

-17,628

6,434

8,431

-20,003

-34,625

-48,930

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

32,907

35,386

80,449

50,152

38,566

32,541

35,992

47,437

24,979

37,926

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Decrease in cash and cash equivalents

6,317

30,871

105,357

52,977

4,951

-5,646

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

21,938

30,767

4,700

-19,454

-2,501

-309

-23,354

-6,200

-9,427

-15,304

9,612

-14,054

7,848

-5,426

-39,324

-32,406

-37,089

-42,584

3,011

25,414

43,690

68,816

50,485

64,393

12,038

0

0

0

Supplemental Disclosures of Cash Flow Information
Cash paid during the year for: Interest on deposits and other borrowed funds

6,855

6,870

6,533

5,695

4,940

4,170

3,490

3,031

2,684

2,458

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during the year for: Interest on deposits and other borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,327

-

2,632

2,874

3,065

3,240

3,448

3,560

4,162

4,497

7,132

5,846

6,374

7,102

5,747

8,260

8,928

9,350

0

0

0

Cash paid during the year for: Income taxes

-

-

-

-

-

-

-

-

-

3,955

3,405

3,405

2,402

2,100

2,602

3,603

3,454

3,016

2,715

2,184

1,149

907

0

0

0

-

-

-

-

-

-

-

-

2,425

0

0

0

Noncash Activities:
Loans transferred to Other Real Estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,626

0

0

0

-

-

-

-

390

676

4,247

4,425

4,195

0

0

0

-

-

-

-

Lease liabilities arising from obtaining right-of-use assets

126

43

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans transferred to Other Real Estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,726

0

0

0