Franklin Financial Services Corporation (FRAF) financial statements (2020 and earlier)

Company profile

Business Address 20 S MAIN ST
CHAMBERSBURG, PA 17201-0819
State of Incorp. PA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments84535937394941
Cash and cash equivalents84535937394941
Short-term investments00     
Total current assets:84535937394941
Noncurrent Assets
Operating lease, right-of-use asset5
Property, plant and equipment14141414151516
Intangible assets, net (including goodwill)99999910
Goodwill9999999
Intangible assets, net (excluding goodwill)     01
Deferred income tax assets4
Total noncurrent assets:32232323242426
Other undisclosed assets1,1531,1341,0981,068972929918
TOTAL ASSETS:1,2691,2101,1801,1271,0351,001985
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt   24   
Total current liabilities:   24   
Noncurrent Liabilities
Other undisclosed liabilities1,1421,0911,065987924898889
Total liabilities:1,1421,0911,0651,011924898889
Stockholders' equity
Stockholders' equity attributable to parent12811811511611110495
Common stock5555555
Treasury stock, value(8)(5)(6)(7)(7)(7)(7)
Additional paid in capital42424040393837
Accumulated other comprehensive loss(6)(6)(6)(4)(4)(3)(5)
Retained earnings95848283797166
Total stockholders' equity:12811811511611110495
TOTAL LIABILITIES AND EQUITY:1,2691,2101,1801,1271,0351,001985

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues5551504644  
Net investment income4945403735  
Financial services revenue10910  
Cost of revenue(0)(10)(1)(4)(1)(1)(3)
Provision for loan, lease, and other losses(0)(10)
Financial services costs(1)(4)(1)(1)(3)
Gross profit:5541494343(1)(3)
Operating expenses(8)(5)(33)(25)(23)(22)(21)
Other operating income, net
(Noninterest Income, Other Operating Income)
1000000
Operating income (loss):4836161820(22)(24)
Nonoperating income1100111
Gains (losses) on sales of other real estate0(0)(0)(0)00 
Bank owned life insurance income1111111
Interest and debt expense(7)(4)(2)(2)(2)(3)(4)
Other undisclosed income from continuing operations before equity method investments, income taxes     3535
Income from continuing operations before equity method investments, income taxes:4233141718108
Other undisclosed loss from continuing operations before income taxes(23)(27)(8)(7)(6)  
Income from continuing operations before income taxes:1966912108
Income tax expense (benefit)(3)0(4)(1)(2) (1)
Net income:1662810106
Other undisclosed net loss attributable to parent     (2) 
Net income available to common stockholders, diluted:166281086

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1662810106
Other comprehensive income (loss)(1)1(1)00  
Other undisclosed comprehensive loss      (1)
Comprehensive income:1571810106
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1(1)0(1)(1)(0) 
Comprehensive income, net of tax, attributable to parent:1761810106

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: