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Parent Company (Franklin Financial Services Corporation) Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Parent Company (Franklin Financial Services Corporation) Condensed Financial Information [Abstract] |
Balance Sheets |
|  | December 31
(Dollars in thousands) |  | 2022 |  | 2021
Assets: |  |  |  |  |  |
Cash and cash equivalents |  | $ | 13,500 |  | $ | 17,637
Investment securities |  |  | 411 |  |  | 481
Equity investment in subsidiaries |  |  | 118,768 |  |  | 157,620
Other assets |  |  | 1,153 |  |  | 918
Total assets |  | $ | 133,832 |  |  | 176,656
Liabilities: |  |  |  |  |  |
Subordinate notes |  | $ | 19,623 |  | $ | 19,588
Other liabilities |  |  | 12 |  |  | 3
Total liabilities |  |  | 19,635 |  |  | 19,591
Shareholders' equity |  |  | 114,197 |  |  | 157,065
Total liabilities and shareholders' equity |  | $ | 133,832 |  | $ | 176,656
Statements Of Income |
|  | Years Ended December 31
(Dollars in thousands) |  | 2022 |  | 2021
Income: |  |  |  |  |  |
Dividends from Bank subsidiary |  | $ | 5,670 |  | $ | 4,050
Change in fair value of equity securities |  |  | (69) |  |  | 90
Dividends |  |  | 5 |  |  | 9
|  |  | 5,606 |  |  | 4,149
Expenses: |  |  |  |  |  |
Interest expense |  |  | 1,047 |  |  | 1,048
Operating expenses |  |  | 1,771 |  |  | 1,536
Income before income taxes and equity in undistributed income ‎ of subsidiaries |  |  | 2,788 |  |  | 1,565
Income tax benefit |  |  | 600 |  |  | 517
Equity in undistributed income of subsidiaries |  |  | 11,550 |  |  | 17,534
Net income |  |  | 14,938 |  |  | 19,616
Other comprehensive (loss)/income of subsidiary |  |  | (50,740) |  |  | (3,737)
Comprehensive (loss) income |  | $ | (35,802) |  | $ | 15,879
Statements Of Cash Flows |
|  | Years Ended December 31
(Dollars in thousands) |  | 2022 |  | 2021
Cash flows from operating activities |  |  |  |  |  |
Net income |  | $ | 14,938 |  | $ | 19,616
Adjustments to reconcile net income to net cash provided |  |  |  |  |  |
by operating activities: |  |  |  |  |  |
Equity in undistributed (income) of subsidiary |  |  | (11,550) |  |  | (17,534)
Stock option compensation |  |  | 462 |  |  | 204
Change in fair value of equity security |  |  | 69 |  |  | (90)
Increase in other assets/liabilities |  |  | (528) |  |  | (474)
Net cash provided by operating activities |  |  | 3,391 |  |  | 1,722
Cash flows from financing activities |  |  |  |  |  |
Dividends paid |  |  | (5,658) |  |  | (5,524)
Cash received from option exercises |  |  | 48 |  |  | 135
Common stock issued under dividend reinvestment plan |  |  | 1,416 |  |  | 2,388
Treasury stock purchase |  |  | (3,334) |  |  | (1,193)
Net cash (used in) provided by financing activities |  |  | (7,528) |  |  | (4,194)
(Decrease) increase in cash and cash equivalents |  |  | (4,137) |  |  | (2,472)
Cash and cash equivalents as of January 1 |  |  | 17,637 |  |  | 20,109
Cash and cash equivalents as of December 31 |  | $ | 13,500 |  | $ | 17,637

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