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Parent Company (Franklin Financial Services Corporation) Financial Information | 12 Months Ended
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Dec. 31, 2018
Parent Company (Franklin Financial Services Corporation) Financial Information [Abstract] |
Parent Company (Franklin Financial Services Corporation) Financial Information | Note 2 0. Parent Company (Franklin Financial Services Corporation) Financial Information ﻿ Balance Sheets ﻿
﻿ |  |  |  |  |  |
﻿ |  | December 31
﻿(Dollars in thousands) |  | 2018 |  | 2017
﻿Assets: |  |  |  |  |  |
﻿Cash and cash equivalents |  | $ | 108 |  | $ | 250
﻿Investment securities |  |  | 374 |  |  | 365
﻿Equity investment in subsidiaries |  |  | 118,027 |  |  | 114,387
﻿Other assets |  |  | — |  |  | 184
﻿Total assets |  | $ | 118,509 |  |  | 115,186
﻿ |  |  |  |  |  |
﻿Liabilities: |  |  |  |  |  |
﻿Other liabilities |  | $ | 113 |  | $ | 42
﻿Total liabilities |  |  | 113 |  |  | 42
﻿Shareholders' equity |  |  | 118,396 |  |  | 115,144
﻿Total liabilities and shareholders' equity |  | $ | 118,509 |  | $ | 115,186
﻿ Statement s of Income ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | Years Ended December 31
﻿ (Dollars in thousands) |  | 2018 |  | 2017 |  | 2016
﻿Income: |  |  |  |  |  |  |  |  |
﻿Dividends from Bank subsidiary |  | $ | 3,259 |  | $ | 3,225 |  | $ | 4,006
﻿Other income |  |  | 9 |  |  | — |  |  | —
﻿ |  |  | 3,268 |  |  | 3,225 |  |  | 4,006
﻿Expenses: |  |  |  |  |  |  |  |  |
﻿Operating expenses |  |  | 1,184 |  |  | 1,107 |  |  | 972
﻿Income before income taxes and equity in undistributed income of subsidiaries |  |  | 2,084 |  |  | 2,118 |  |  | 3,034
﻿Income tax benefit |  |  | 207 |  |  | 348 |  |  | 301
﻿Equity in undistributed income of subsidiaries |  |  | 3,834 |  |  | (290) |  |  | 4,752
﻿Net income |  | $ | 6,125 |  | $ | 2,176 |  | $ | 8,087
﻿ Statements of Comprehensive Income ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  | Years ended December 31
﻿(Dollars in thousands) |  | 2018 |  | 2017 |  | 2016
﻿Net Income |  | $ | 6,125 |  | $ | 2,176 |  | $ | 8,087
﻿Securities: |  |  |  |  |  |  |  |  |
﻿Unrealized gains arising during the period |  |  | - |  |  | 201 |  |  | —
﻿Reclassification adjustment for net (gains) losses included in net income |  |  | - |  |  | - |  |  | —
﻿Net Unrealized gains |  |  | - |  |  | 201 |  |  | —
﻿Tax effect |  |  | - |  |  | (68) |  |  | —
﻿Net of tax amount |  |  | - |  |  | 133 |  |  | —
﻿Total other comprehensive income of Parent |  |  | - |  |  | 133 |  |  | —
﻿Other comprehensive (loss) income of subsidiaries |  |  | (151) |  |  | (954) |  |  | (493)
﻿Total Comprehensive Income |  | $ | 5,974 |  | $ | 1,355 |  | $ | 7,594
﻿ Statements of Cash Flows ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | Years Ended December 31
﻿(Dollars in thousands) |  | 2018 |  | 2017 |  | 2016
﻿Cash flows from operating activities |  |  |  |  |  |  |  |  |
﻿Net income |  | $ | 6,125 |  | $ | 2,176 |  | $ | 8,087
﻿Adjustments to reconcile net income to net cash provided |  |  |  |  |  |  |  |  |
﻿by operating activities: |  |  |  |  |  |  |  |  |
﻿Equity in undistributed (income) loss of subsidiary |  |  | (3,834) |  |  | 290 |  |  | (4,752)
﻿Stock option compensation |  |  | 185 |  |  | 161 |  |  | 88
﻿Deferred tax benefit |  |  | — |  |  | (26) |  |  | —
﻿Decrease (increase) in other assets/liabilities |  |  | 289 |  |  | (337) |  |  | (307)
﻿Net cash provided by operating activities |  |  | 2,765 |  |  | 2,264 |  |  | 3,116
﻿ |  |  |  |  |  |  |  |  |
﻿Cash flows from financing activities |  |  |  |  |  |  |  |  |
﻿Dividends paid |  |  | (4,598) |  |  | (4,031) |  |  | (3,523)
﻿Cash received from option exercises |  |  | 362 |  |  | 175 |  |  | 82
﻿Common stock issued under dividend reinvestment plan |  |  | 1,417 |  |  | 991 |  |  | 1,671
﻿Treasury stock purchase |  |  | (88) |  |  | — |  |  | (795)
﻿Net cash used in financing activities |  |  | (2,907) |  |  | (2,865) |  |  | (2,565)
﻿(Decrease) increase in cash and cash equivalents |  |  | (142) |  |  | (601) |  |  | 551
﻿Cash and cash equivalents as of January 1 |  |  | 250 |  |  | 851 |  |  | 300
﻿Cash and cash equivalents as of December 31 |  | $ | 108 |  | $ | 250 |  | $ | 851

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 + Details
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