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Parent Company (Franklin Financial Services Corporation) Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Parent Company (Franklin Financial Services Corporation) Condensed Financial Information [Abstract] |
Balance Sheets |
|  | December 31
(Dollars in thousands) |  | 2023 |  | 2022
Assets: |  |  |  |  |  |
Cash and cash equivalents |  | $ | 10,070 |  | $ | 13,500
Investment securities |  |  | 427 |  |  | 411
Equity investment in subsidiaries |  |  | 140,074 |  |  | 118,768
Other assets |  |  | 1,228 |  |  | 1,153
Total assets |  | $ | 151,799 |  |  | 133,832
Liabilities: |  |  |  |  |  |
Subordinate notes |  | $ | 19,661 |  | $ | 19,623
Other liabilities |  |  | 2 |  |  | 12
Total liabilities |  |  | 19,663 |  |  | 19,635
Shareholders' equity |  |  | 132,136 |  |  | 114,197
Total liabilities and shareholders' equity |  | $ | 151,799 |  | $ | 133,832
Statements Of Income |
|  | Years Ended December 31
(Dollars in thousands) |  | 2023 |  | 2022
Income: |  |  |  |  |  |
Dividends from Bank subsidiary |  | $ | 5,607 |  | $ | 5,670
Change in fair value of equity securities |  |  | 16 |  |  | (69)
Dividends |  |  | 7 |  |  | 5
|  |  | 5,630 |  |  | 5,606
Expenses: |  |  |  |  |  |
Interest expense |  |  | 1,051 |  |  | 1,047
Operating expenses |  |  | 1,887 |  |  | 1,771
Income before income taxes and equity in undistributed income ‎ of subsidiaries |  |  | 2,692 |  |  | 2,788
Income tax benefit |  |  | 894 |  |  | 600
Equity in undistributed income of subsidiaries |  |  | 10,012 |  |  | 11,550
Net income |  |  | 13,598 |  |  | 14,938
Other comprehensive income/(loss) of subsidiary |  |  | 10,347 |  |  | (50,740)
Comprehensive income (loss) |  | $ | 23,945 |  | $ | (35,802)
Statements Of Cash Flows |
|  | Years Ended December 31
(Dollars in thousands) |  | 2023 |  | 2022
Cash flows from operating activities |  |  |  |  |  |
Net income |  | $ | 13,598 |  | $ | 14,938
Adjustments to reconcile net income to net cash provided |  |  |  |  |  |
by operating activities: |  |  |  |  |  |
Equity in undistributed (income) of subsidiary |  |  | (10,012) |  |  | (11,550)
Stock option compensation |  |  | 483 |  |  | 462
Change in fair value of equity security |  |  | (16) |  |  | 69
Increase in other assets/liabilities |  |  | (896) |  |  | (528)
Net cash provided by operating activities |  |  | 3,157 |  |  | 3,391
Cash flows from financing activities |  |  |  |  |  |
Dividends paid |  |  | (5,595) |  |  | (5,658)
Cash received from option exercises |  |  | 47 |  |  | 48
Common stock issued under dividend reinvestment plan |  |  | 1,355 |  |  | 1,416
Treasury stock purchase |  |  | (2,394) |  |  | (3,334)
Net cash (used in) provided by financing activities |  |  | (6,587) |  |  | (7,528)
(Decrease) increase in cash and cash equivalents |  |  | (3,430) |  |  | (4,137)
Cash and cash equivalents as of January 1 |  |  | 13,500 |  |  | 17,637
Cash and cash equivalents as of December 31 |  | $ | 10,070 |  | $ | 13,500

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