0001104659-06-049179.txt : 20060727 0001104659-06-049179.hdr.sgml : 20060727 20060727082959 ACCESSION NUMBER: 0001104659-06-049179 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060726 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060727 DATE AS OF CHANGE: 20060727 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN FINANCIAL SERVICES CORP /PA/ CENTRAL INDEX KEY: 0000723646 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 251440803 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12126 FILM NUMBER: 06982989 BUSINESS ADDRESS: STREET 1: 20 S MAIN ST STREET 2: P O BOX 6010 CITY: CHAMBERSBURG STATE: PA ZIP: 17201-0819 BUSINESS PHONE: 7172646116 MAIL ADDRESS: STREET 1: 20 SOUTH MAIN ST STREET 2: PO BOX 6010 CITY: CHAMBERSBURG STATE: PA ZIP: 17201-0819 8-K 1 a06-16897_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

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 (Date of earliest event reported) July 26, 2006

FRANKLIN FINANCIAL SERVICES CORPORATION

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

Pennsylvania	0-12126	23-144083
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Indent. No.)

20 South Main Street, 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:

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

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

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

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

Item 8.01 Other Events.

The press release of Franklin Financial Services Corporation dated July 26, 2006 and attached hereto as Exhibit 99, announces its earnings for the quarter ended June 30, 2006 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

The following exhibits are filed herewith:

Number	Description	Page Number

99	Press Release, dated July 26, 2006 of Franklin Financial Services Corporation	3

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/ William E. Snell, Jr.
	William E. Snell, Jr., President
	and Chief Executive Officer

Dated: July 26, 2006

EX-99 2 a06-16897_1ex99.htm EX-99

Exhibit 99

PRESS RELEASE

July 26, 2006

Franklin Financial posts 18% earnings increase

(Chambersburg) Franklin Financial Services Corporation reported earnings of $1,878,000 for the quarter ended June 30, 2006. This represents a 29.2% increase when compared to earnings of $1,453,000 for the quarter ended June 30, 2005. Net income for the first six months of 2006 was $3,367,000 compared with $2,843,000 for the same period in 2005, an increase of 18.4%.

On a per share basis, diluted earnings were $.56 for the second quarter in 2006 and $1.00 for the first six months, compared to $.43 and $.84, respectively, for the quarter and six month periods in 2005.

Total assets at June 30, 2006 grew by 12.4% over totals a year earlier to $662,286,000. Total deposits and repurchase agreements totaled $560,659,000, an increase of 18.3%, while net loans increased by 14.8%, reaching $427,217,000 at June 30, 2006. The market value of trust assets under management was $474,787,000 on June 30, 2006, an increase of 14.0% from $416,485,000 on June 30, 2005.

Franklin Financial is the bank holding company for F&M Trust, a locally-owned and operated community bank. Following the acquisition of Fulton Bancshares Corporation and the Fulton County National Bank & Trust Company on July 1, 2006, F&M Trust now has twenty-two community banking offices located throughout Cumberland, Franklin, Fulton, and Huntingdon Counties in Boiling Springs, Carlisle, Chambersburg, Hustontown, Marion, McConnellsburg, Mont Alto, Marion, Newville, Orbisonia, Shippensburg, Warfordsburg and Waynesboro.