8-K

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report: January 23, 2024

FRANKLIN FINANCIAL SERVICES CORPORATION

(Exact name of registrant as specified in its new charter)

Pennsylvania	001-38884	25-1440803
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1500 Nitterhouse Drive, Chambersburg, PA	17201
(Address of principal executive office)	(Zip Code)
Registrant's telephone number, including area code	(717) 264-6116

N/A

(Former name or former address, if changes since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨   Soliciting material pursuant to Rule 14a –12 under the Exchange Act (17 CFR 240.14a –12)

¨   Pre-commencement communications pursuant to Rule 14d – 2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨   Pre-commencement communications pursuant to Rule 13e – 4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of class	Symbol	Name of exchange on which registered
Common stock	FRAF	Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

‎

Item 7.01 Regulations FD Disclosure

Franklin Financial Services Corporation (“the Corporation”) is furnishing this presentation which will be presented in whole or in part, from time to time, by executives of the Corporation in one or more meetings with investors and analysts. The presentation is attached as Exhibit 99.1 and is incorporated by reference. It is also available on the Corporation’s website at www.franklinfin.com.

The information in this Form 8-K provided under Item 7.01, including all exhibits attached hereto, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall it be deemed incorporated by reference in any filing of the Corporation under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits. The following exhibits are filed herewith:

Number Description  

99.1 Investor Presentation, dated January 23, 2024 of Franklin Financial Services

104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FRANKLIN FINANCIAL SERVICES CORPORATION

By: /s/ Timothy G. Henry

Timothy G. Henry

President and Chief Executive Officer

Dated: January 23, 2024

EX-99.1

Exhibit 99.1

Welcome ShareholdersJanuary 18, 2024

Forward Looking StatementsCertain statements appearing herein which are not historical in nature are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements refer to a future period or periods, reflecting management’s current views as to likely future developments, and use words “may,” “will,” “expect,” “believe,” “estimate,” “anticipate,” or similar terms.  Because forward-looking statements involve certain risks, uncertainties and other factors over which Franklin Financial Services Corporation has no direct control, actual results could differ materially from those contemplated in such statements.  These factors include (but are not limited to) the following: general economic conditions particularly with regard to the negative impact of severe, wide-ranging and continuing disruptions caused by the spread of the coronavirus COVID-19 pandemic and responses thereto, changes in interest rates, changes in the Corporation’s cost of funds, changes in government monetary policy, changes in government regulation and taxation of financial institutions, changes in the rate of inflation, changes in technology, the intensification of competition within the Corporation’s market area, and other similar factors.Certain statements appearing herein which are not historical in nature are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements refer to a future period or periods, reflecting management’s current views as to likely future developments, and use words “may,” “will,” “expect,” “believe,” “estimate,” “anticipate,” or similar terms.  Because forward-looking statements involve certain risks, uncertainties and other factors over which Franklin Financial Services Corporation has no direct control, actual results could differ materially from those contemplated in such statements.  These factors include (but are not limited to) the following: general economic conditions particularly with regard to the negative impact of severe, wide-ranging and continuing disruptions caused by the spread of the coronavirus COVID-19 pandemic and responses thereto, changes in interest rates, changes in the Corporation’s cost of funds, changes in government monetary policy, changes in government regulation and taxation of financial institutions, changes in the rate of inflation, changes in technology, the intensification of competition within the Corporation’s market area, and other similar factors.

Welcome & IntroductionsWarren Elliott, Chairman of the Board

Board of DirectorsWarren ElliottChairman of the BoardSkip JenningsVice Chairman of the BoardTim HenryPresident & CEO

zBoard of DirectorsMarty BrownKevin CraigGreg Duffey

Board of DirectorsDan FisherStanley KerlinDon Mowery

Board of DirectorsKim RzompGreg Snook

AgendaStock PerformanceBank HighlightsQuestionsClosing CommentsTour of Corporate Headquarters (Optional)

Company HighlightsTim Henry, President & CEOChad Carroll, Executive VP & COOMark Hollar, Executive VP & CFO

Stock price dividend $40$38$36$34$32$30$28$26$24$22$20 2017 20182019 2020 2021 2022 2023 $1.40 $1.20 $1.00 $0.8 $0.60 $0.40 $0.20 $0.00 Price per share Dividend

Total Return Performance Index Value 400 300 200 100 0 2016 2017 2018 2019 2020 2021 2022 2023 FFSC NASDAQ Composite Index S&P US BMI MAR Index Peer Group Indec 12.31.16 1331.17 12.31.18 12.31.19 12.31.20 12.31.21 12.31.22 12.31.23 Franklin Financial services Corporation 100.00 134.41 116.78 148.08 107.96 137.67 156.24 142.51 S&P US BMI Banks Mis-Atlantic Region Index 100.00 122.56 104.72 148.90 134.59 169.99 143.57 174.07 Peer Group (Mid -Atlantic Banks with assets between $1B-$2B as of 9.30.23 100.00 117.85 116.87 134.93 108.49 140.16 142.48 140.77 Source :S&P Global Market Intelligence

Computershare (800) 368-5948 or www.computershare.com

Amanda Ducey Corporate Secretary (717) 261-3553 amanda.ducey@f-mtrust.com Zoe Clayton Assistant Corporate Secretary (717) 261-3551

Company HighlightsSenior Management IntroductionsInnovation and TechnologyMarket Area Expansion Customer Services Community Investments

Senior ManagementTim Henry President & CEO

Senior ManagementChad Carroll Executive Vice PresidentChief Operating Officer Mark Hollar Executive Vice PresidentChief Financial Officer& TreasurerLorie Heckman Senior Vice President Chief Risk Officer

Senior ManagementSteve Butz Senior Vice President Chief Commercial Services Officer Scott Ehrig, CFP, CIMA Senior Vice President Chief Wealth Management OfficerLou Giustini Senior Vice President Chief Retail Services Officer

Senior ManagementKaren Carmack, DMSenior Vice PresidentChief Human Resources Officer Dave LongSenior Vice PresidentChief Technology OfficerMatt WeaverSenior Vice PresidentChief Marketing Officer

Innovation and TechnologySalesforceData AnalyticsATMs / ITMsBots

Market Area Expansion Bedford Huntingdon Mifflin Juniata Perry Dauphin Lebanon Lancaster York Adams Cumberland Franklin Fulton Washington Allegany Morgan Berkeley Jefferson Frederick Howard BaltimoreAdams York Carrol Baltimore Harford Chembersburg corporate headquarters

Customer ServicesTreasury MCommunity Champions anagementWealth Management

Community InvestmentsMore than 250 employees participated in the bank’s annual Banktoberfest event More than 500 trees and shrubs were planted on 3 acres of Shippensburg farmlandWater quality increased and pollution was reduced for 18 million people and 3,000 species of animals across 64,000 square miles of the Chesapeake Bay watershed

Community InvestmentsF&M Trust donates more than $500,000 annually, including more than $100,000 for scholarships Employees contribute more than 1,500 annual volunteer hours to community groups Employees hold positions of leadership and serve on boards of directors for dozens of local organizations and nonprofit agencies

Questions Tim Henry, President & CEO

Closing Comments Skip Jennings, Vice Chairman of the Board

Closing Comments
F&M Trust – 22 YearsWhat hasn’t changedWhat has changedWhere are we going?How do we get there?

Franklin Financial Services CorporationAnnual MeetingTuesday, April 23, 2024

Thank You(Tours available following the presentation)

Stock Symbol: FRAF (Nasdaq) www.franklinfin.comwww.fmtrust.bank

XML

Document And Entity Information	Jan. 23, 2024
Document And Entity Information [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Jan. 23, 2024
Entity Registrant Name	FRANKLIN FINANCIAL SERVICES CORPORATION
Entity Incorporation, State or Country Code	PA
Entity File Number	001-38884
Entity Tax Identification Number	25-1440803
Entity Address, Address Line One	1500 Nitterhouse Drive
Entity Address, City or Town	Chambersburg
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	17201
City Area Code	717
Local Phone Number	264-6116
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common stock
Trading Symbol	FRAF
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false
Entity Central Index Key	0000723646