# EDGAR Filing Document

**Accession Number:** 0000723646
**File Stem:** 0000723646-23-000006
**Filing Date:** 2023-1
**Character Count:** 14086
**Document Hash:** e8e58270166cabea7c33f1a022defb1a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000723646-23-000006.hdr.sgml**: 20230119

**ACCESSION NUMBER**: 0000723646-23-000006

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 46

**CONFORMED PERIOD OF REPORT**: 20230119

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230119

**DATE AS OF CHANGE**: 20230119

**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:** 001-38884
- **FILM NUMBER:** 23537964

**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

?xml version="1.0" encoding="utf-8"? fraf-20230119x8k

**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: **<u>January 19, 2023</u>**

#####  **<u>FRANKLIN FINANCIAL SERVICES CORPORATION</u>** 
(Exact name of registrant as specified in its new charter)

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| | | |
|:---|:---|:---|
| **Pennsylvania** | **001-38884** | **25-1440803** |
| (State or other jurisdiction<br>of incorporation) | (Commission <br>File Number) | (IRS Employer <br>Identification No.) |

---

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

---

#####  **<u>N/A</u>** 
(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:

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| | | |
|:---|:---|:---|
| <u>Title of class</u> | <u>Symbol</u> | <u>Name of exchange on which registered</u> |
| 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. ◻

 <u>‎</u> 

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**Item 7.01 <u>Regulations FD Disclosure</u>**

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. 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 <u>Financial Statements and Exhibits</u>**

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

<u>Number</u> <u>Description</u> 

[<u>99.1</u>](fraf-20230119xex99_1.htm)[<u>Investor Presentation, dated January 19, 2023 of Franklin Financial Services</u>](fraf-20230119xex99_1.htm)

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

**<u>SIGNATURES</u>**

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: <u>/s/ Timothy G. Henry</u>

Timothy G. Henry

President and Chief Executive Officer

Dated: January 19, 2023

## Exhibit 99.1

**Exhibit 99.1**

Welcome Shareholders January 19, 2023 F&M Trust Franklin Financial Services Corporation

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![Picture 2](fraf-20230119xex99_1g002.jpg)

Forward Looking Statements 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. We caution readers not to place undue reliance on these forward-looking statements. They only reflect management's analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and any Current Reports on Form 8-K. F&M Trust Franklin Financial Services Corporation 2

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![Picture 3](fraf-20230119xex99_1g003.jpg)

Welcome & Introductions Warren Elliott, Chairman of the Board F&M Trust Franklin Financial Services Corporation 3

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![Picture 4](fraf-20230119xex99_1g004.jpg)

Board of Directors Warren Elliot Chairman of the Board Tim Henry President & CEO F&M Trust Franklin Financial Services Corporation 4

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![Picture 5](fraf-20230119xex99_1g005.jpg)

Board of Directors Marty Brown Kevin Craig Greg Duffey F&M Trust Franklin Financial Services Corporation 5

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![Picture 6](fraf-20230119xex99_1g006.jpg)

Board of Directors Dan Fisher Skip Jennings Stanley Kerlin F&M Trust Franklin Financial Services Corporation 6

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![Picture 7](fraf-20230119xex99_1g007.jpg)

Board of Directors Don Mowery Kim Rzomp Greg Snook F&M Trust Franklin Financial Services Corporation 7

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![Picture 8](fraf-20230119xex99_1g008.jpg)

Agenda Stock Performance Bank Highlights Questions Closing Comments Tour of the New Corporate Headquarters (Optional) F&M Trust Franklin Financial Services Corporation 8

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![Picture 9](fraf-20230119xex99_1g009.jpg)

Video Click the link below to watch a video about F&M Trust's relationships with its customers, employees, communities, and shareholders. https://s24.q4cdn.com/988958627/files/doc_presentations/2023/f-m_trust___shareholder_video-(1080p)-(1).mp4 F&M Trust Franklin Financial Services Corporation 9

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![Picture 10](fraf-20230119xex99_1g010.jpg)

Stock Performance Mark Hollar, CFO F&M Trust Franklin Financial Services Corporation 10

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![Picture 11](fraf-20230119xex99_1g011.jpg)

Stock Price and Dividend Price Per Share Dividend Year-End Price Per Share Annual Dividend Per Share $40 $1.40 $38 $1.20 $36 $1.00 $34 $0.80 $32 $0.60 $30 $0.40 $28 $0.20 $26 $0.00 $24 $22 $20 2016 2017 2018 2019 2020 2021 2022 F&M Trust Franklin Financial Services Corporation 11

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![Picture 12](fraf-20230119xex99_1g012.jpg)

Total Return Performance Index Value FFSC NASDAQ Composite Index S&P US BMI Banks MAR Index Peer Group INDEX 12.31.15 12.31.16 Franklin Financial Services Corporation 100.00 126.05 NASDAQ Composite Index 100.00 108.87 S&P US BMI Banks Mid-Atlantic Region Index 100.00 127.10 Peer Group (Mid-Atlantic Banks w/assets between S1B-S2B as of 9.30.22) 100.00 110.83 12.31.17 12.31.18 12.31.19 12.31.20 12.31.21 12.31.22 169.43 147.20 186.65 136.09 173.54 196.94 141.13 137.12 187.44 271.64 331.88 223.90 155.78 133.10 189.26 171.07 216.06 182.49 128.43 123.89 145.62 119.57 151.88 153.71 Source: S&P Global Market Intelligence©2023 F&M Trust Franklin Financial Services Corporation 12

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![Picture 13](fraf-20230119xex99_1g013.jpg)

Computershare (800) 368-5948 or www.computershare.com F&M Trust Franklin Financial Services Corporation 13

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![Picture 14](fraf-20230119xex99_1g014.jpg)

Amanda Ducey Corporate Secretary (717) 261-3553 amanda.ducey@f-mtrust.com Zoe Clayton Assistant Corporate Secretary (717) 261-3551 zoe.clayton@f-mtrust.com F&M Trust Franklin Financial Services Corporation 14

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![Picture 15](fraf-20230119xex99_1g015.jpg)

Company Highlights Tim Henry, President & CEO F&M Trust Franklin Financial Services Corporation 15

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![Picture 16](fraf-20230119xex99_1g016.jpg)

Company Highlights Senior Management Introductions Market Area – Harrisburg to Hagerstown New Corporate Headquarters Salesforce Community Office Renovations Community Investments F&M Trust Franklin Financial Services Corporation 16

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![Picture 17](fraf-20230119xex99_1g017.jpg)

Senior Management Tim Henry President & CEO Mark Hollar Executive Vice President Chief Financial Officer & Treasurer F&M Trust Franklin Financial Services Corporation 17

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![Picture 18](fraf-20230119xex99_1g018.jpg)

Senior Management Steve Butz Senior Vice President Chief Commercial Services Officer Karen Carmack, DM Senior Vice President Chief Human Resources Officer F&M Trust Franklin Financial Services Corporation 18

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![Picture 19](fraf-20230119xex99_1g019.jpg)

Senior Management Scott Ehrig, CFP, CIMA Senior Vice President Chief Investment & Trust Services Officer Lorie Heckman Senior Vice President Chief Risk Officer F&M Trust Franklin Financial Services Corporation 19

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![Picture 20](fraf-20230119xex99_1g020.jpg)

Senior Management Matt Weaver Senior Vice President Chief Marketing Officer F&M Trust Franklin Financial Services Corporation 20

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![Picture 21](fraf-20230119xex99_1g021.jpg)

Senior Management Chad Carroll Executive Vice President Chief Operating Officer Lou Giustini Senior Vice President Chief Retail Services Officer Dave Long Senior Vice President Chief Technology Officer F&M Trust Franklin Financial Services Corporation 21

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![Picture 22](fraf-20230119xex99_1g022.jpg)

Harrisburg Regional Headquarters Hagerstown Community Office Huntingdon Country Fulton County Franklin County Cumberland County Washington County F&M Trust Headquarters Harrisburg F&M Trust Franklin Financial Services Corporation 22

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![Picture 23](fraf-20230119xex99_1g023.jpg)

New Corporate Headquarters F&M Trust Franklin Financial Services Corporation 23

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![Picture 24](fraf-20230119xex99_1g024.jpg)

Salesforce F&M Trust Franklin Financial Services Corporation 24

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![Picture 25](fraf-20230119xex99_1g025.jpg)

West Side Renovations F&M Trust Franklin Financial Services Corporation 25

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![Picture 26](fraf-20230119xex99_1g026.jpg)

West Side Renovations F&M Trust Franklin Financial Services Corporation 26

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![Picture 27](fraf-20230119xex99_1g027.jpg)

Community Investments F&M Trust Franklin Financial Services Corporation 27

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![Picture 28](fraf-20230119xex99_1g028.jpg)

Questions Tim Henry, President & CEO F&M Trust Franklin Financial Services Corporation 28

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![Picture 29](fraf-20230119xex99_1g029.jpg)

Closing Comments Warren Elliott, Chairman of the Board F&M Trust Franklin Financial Services Corporation 29

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![Picture 30](fraf-20230119xex99_1g030.jpg)

Closing Comments Restructured Board Meetings to Focus Strategically Created a Strategic Initiative Committee to Concentrate on M&A Increased Board Member Education and Training Improved Board Member Accountability – 360o Peer-to-Peer Review F&M Trust Franklin Financial Services Corporation 30

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![Picture 31](fraf-20230119xex99_1g031.jpg)

Franklin Financial Services Corporation Annual Meeting Tuesday, April 25, 2023 Additional Details to Follow F&M Trust Franklin Financial Services Corporation 31

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![Picture 32](fraf-20230119xex99_1g032.jpg)

Thank You F&M Trust Franklin Financial Services Corporation 32

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![Picture 33](fraf-20230119xex99_1g033.jpg)

Stock Symbol: FRAF (Nasdaq) www.franklinfin.com www.fmtrust.bank F&M Trust Franklin Financial Services Corporation 33

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