Franklin Financial Services Corporation filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on November 9, 2026, disclosing third-quarter net income of $8,535 thousand and nine-month net income of $21,783 thousand.

Key Highlights

  • Third-quarter net income: $8,535 thousand, compared to $5,354 thousand in the same quarter of 2025, according to the filing.
  • Basic earnings per share: $1.90 for Q3 2026, versus $1.20 for Q3 2025, as reported.
  • Net interest income: $20,191 thousand for the three months ended September 30, 2026, up from $18,193 thousand in the prior-year quarter.
  • Total assets: $2,364,724 thousand as of September 30, 2026, compared to $2,239,018 thousand at December 31, 2025.
  • Total deposits: $1,957,400 thousand at September 30, 2026, up from $1,835,772 thousand at year-end 2025.
  • Total comprehensive loss: $(4,843) thousand for Q3 2026, driven by net unrealized losses on debt securities of $(16,934) thousand before tax.
  • Shares outstanding: 4,500,683 as of October 31, 2026, the filing stated.

Franklin Financial Services Q3 2026 Financial Results and Balance Sheet

According to the Form 10-Q filed with the SEC, Franklin Financial Services Corporation (NASDAQ:FRAF) reported net income of $8,535 thousand for the three months ended September 30, 2026, an increase from $5,354 thousand in the comparable 2025 quarter. For the nine months ended September 30, 2026, net income totaled $21,783 thousand, compared to $15,183 thousand for the same period in 2025. Diluted earnings per share were $1.89 for the third quarter and $4.84 for the nine-month period, versus $1.19 and $3.39, respectively, in the prior year, the filing disclosed.

The company reported total interest income of $29,796 thousand for Q3 2026, compared to $29,675 thousand in Q3 2025, while total interest expense declined to $9,605 thousand from $11,482 thousand, resulting in net interest income of $20,191 thousand for the quarter. Total noninterest income was $5,437 thousand for Q3 2026, versus $4,811 thousand for Q3 2025, with wealth management fees of $2,424 thousand representing the largest component. Total noninterest expense decreased to $14,392 thousand in Q3 2026 from $15,148 thousand in Q3 2025, the filing noted.

On the balance sheet as of September 30, 2026, the filing reported total assets of $2,364,724 thousand, up from $2,239,018 thousand at December 31, 2025. Net loans stood at $1,603,024 thousand, and total deposits reached $1,957,400 thousand. Total shareholders' equity was $177,711 thousand at September 30, 2026, compared to $175,242 thousand at December 31, 2025. Accumulated other comprehensive loss widened to $(36,836) thousand from $(21,589) thousand at year-end 2025, reflecting net unrealized losses on debt securities during the period, according to the filing.

What Was Disclosed

Franklin Financial Services filed its unaudited quarterly report covering the three and nine months ended September 30, 2026, disclosing income statement results, balance sheet positions, and changes in shareholders' equity, including a significant increase in accumulated other comprehensive loss tied to unrealized losses on debt securities.