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Parent Company (Franklin Financial Services Corporation) Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Parent Company (Franklin Financial Services Corporation) Financial Information [Abstract] |
Balance Sheets |
|  | December 31
(Dollars in thousands) |  | 2020 |  | 2019
Assets: |  |  |  |  |  |
Cash and cash equivalents |  | $ | 20,109 |  | $ | 164
Investment securities |  |  | 391 |  |  | 440
Equity investment in subsidiaries |  |  | 142,949 |  |  | 126,069
Other assets |  |  | 1,282 |  |  | 859
Total assets |  | $ | 164,731 |  |  | 127,532
Liabilities: |  |  |  |  |  |
Other liabilities |  | $ | 19,555 |  | $ | 4
Total liabilities |  |  | 19,555 |  |  | 4
Shareholders' equity |  |  | 145,176 |  |  | 127,528
Total liabilities and shareholders' equity |  | $ | 164,731 |  | $ | 127,532
Statements Of Income |
|  | Years Ended December 31
(Dollars in thousands) |  | 2020 |  | 2019
Income: |  |  |  |  |  |
Dividends from Bank subsidiary |  | $ | 6,639 |  | $ | 8,710
Change in fair value of equity securities |  |  | (50) |  |  | 66
|  |  | 6,589 |  |  | 8,776
Expenses: |  |  |  |  |  |
Interest expense |  |  | 427 |  |  | —
Operating expenses |  |  | 1,473 |  |  | 1,176
Income before income taxes and equity in undistributed income ‎ of subsidiaries |  |  | 4,689 |  |  | 7,600
Income tax benefit |  |  | 409 |  |  | 867
Equity in undistributed income of subsidiaries |  |  | 7,702 |  |  | 7,648
Net income |  |  | 12,800 |  |  | 16,115
Other comprehensive income of subsidiary |  |  | 9,176 |  |  | 394
Comprehensive income |  | $ | 21,976 |  | $ | 16,509
Statements Of Cash Flows |
|  | Years Ended December 31
(Dollars in thousands) |  | 2020 |  | 2019
Cash flows from operating activities |  |  |  |  |  |
Net income |  | $ | 12,800 |  | $ | 16,115
Adjustments to reconcile net income to net cash provided |  |  |  |  |  |
by operating activities: |  |  |  |  |  |
Equity in undistributed (income) of subsidiary |  |  | (7,702) |  |  | (7,648)
Stock option compensation |  |  | 197 |  |  | —
Increase in other assets/liabilities |  |  | (366) |  |  | (1,034)
Net cash provided by operating activities |  |  | 4,929 |  |  | 7,433
Cash flows from financing activities |  |  |  |  |  |
Dividends paid |  |  | (5,226) |  |  | (5,115)
Proceeds from subordinated notes, net of issuance costs |  |  | 19,541 |  |  | —
Cash received from option exercises |  |  | 36 |  |  | 268
Common stock issued under dividend reinvestment plan |  |  | 1,836 |  |  | 1,316
Treasury stock purchase |  |  | (1,171) |  |  | (3,846)
Net cash used in financing activities |  |  | 15,016 |  |  | (7,377)
Increase in cash and cash equivalents |  |  | 19,945 |  |  | 56
Cash and cash equivalents as of January 1 |  |  | 164 |  |  | 108
Cash and cash equivalents as of December 31 |  | $ | 20,109 |  | $ | 164

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