Franklin Financial Services (FRAF) 10-Q 9 Aug 24 2024 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Jul. 31, 2024
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-38884
Entity Registrant Name	FRANKLIN FINANCIAL SERVICES CORPORATION
Entity Incorporation, State or Country Code	PA
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	17201-0819
City Area Code	717
Local Phone Number	264-6116
Title of 12(b) Security	Common stock
Trading Symbol	FRAF
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,408,901
Entity Central Index Key	0000723646
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 20,048	$ 19,505
Short-term interest-earning deposits in other banks	159,679	3,635
Total cash and cash equivalents	179,727	23,140
Long-term interest-earning deposits in other banks	1,994	6,229
Debt securities available for sale, at fair value	454,465	472,503
Equity securities	352	427
Restricted stock	10,375	2,375
Loans held for sale	932	213
Loans	1,318,320	1,256,985
Allowance for credit losses	(17,018)	(16,052)
Net Loans	1,301,302	1,240,933
Premises and equipment, net	28,974	28,543
Right of use asset	4,380	4,680
Bank owned life insurance	22,502	22,758
Goodwill	9,016	9,016
Deferred tax asset, net	11,789	11,801
Other assets	13,318	13,421
Total assets	2,039,126	1,836,039
Deposits
Noninterest-bearing checking	282,964	273,050
Money management, savings, and interest checking	1,119,814	1,132,482
Time	183,680	132,446
Total deposits	1,586,458	1,537,978
Lease liability	4,527	4,816
Other liabilities	11,652	11,448
Total liabilities	1,902,317	1,703,903
Commitments and contingent liabilities
Shareholders' equity
Common stock, $1 par value per share,15,000,000 shares authorized with 4,710,972 shares issued and 4,412,374 shares outstanding at June 30, 2024 and 4,710,972 shares issued and 4,371,231 shares outstanding at December 31, 2023	4,711	4,711
Capital stock no par value, 5,000,000 shares authorized with no shares issued and outstanding
Additional paid-in capital	43,547	43,646
Retained earnings	137,581	133,993
Accumulated other comprehensive loss	(40,881)	(40,940)
Treasury stock, 298,598 shares at June 30, 2024 and 339,741 shares at December 31, 2023, at cost	(8,149)	(9,274)
Total shareholders' equity	136,809	132,136
Total liabilities and shareholders' equity	2,039,126	1,836,039
Federal Reserve Bank Borrowings [Member]
Deposits
Debt	40,000	90,000
Federal Home Loan Bank (FHLB) Advances [Member]
Deposits
Debt	240,000	40,000
Subordinated Notes [Member]
Deposits
Debt	$ 19,680	$ 19,661

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
Consolidated Balance Sheets [Abstract]
Common Stock, Par Value Per Share	$ 1	$ 1
Common Stock, Shares Authorized	15,000,000	15,000,000
Common Stock, Shares, Issued	4,710,972	4,710,972
Common Stock, Shares, Outstanding	4,412,374	4,371,231
Capital Stock, No Par Value
Capital Stock, Shares Authorized	5,000,000	5,000,000
Capital Stock, Shares, Issued	0	0
Capital Stock, Shares, Outstanding	0	0
Treasury Stock, Shares	298,598	339,741

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest income
Loans, including fees	$ 18,059	$ 14,069	$ 35,281	$ 26,405
Interest and dividends on investments:
Taxable interest	3,901	3,327	7,814	6,777
Tax exempt interest	274	313	549	679
Dividend income	205	11	250	19
Interest-earning deposits in other banks	2,293	791	4,647	1,214
Total interest income	24,732	18,511	48,541	35,094
Interest expense
Deposits	7,018	4,378	13,522	7,808
Federal Reserve Bank borrowings	480	677	1,440	728
FHLB overnight borrowings and advances	2,762		5,289
Subordinate notes	261	261	525	526
Total interest expense	10,521	5,316	20,776	9,062
Net interest income	14,211	13,195	27,765	26,032
Provision for credit losses - loans	560	524	1,050	991
(Reversal of) provision for credit losses - unfunded commitments	(14)	8	(52)	70
Total provision for credit losses	546	532	998	1,061
Net interest income after credit loss expense	13,665	12,663	26,767	24,971
Noninterest income
Wealth management fees	2,242	1,959	4,269	3,793
Loan service charges	181	120	387	422
Gain on sale of loans	116	45	174	118
Deposit service charges and fees	572	616	1,185	1,199
Other service charges and fees	523	430	1,010	862
Debit card income	571	547	1,106	1,050
Increase in cash surrender value of life insurance	112	111	224	220
Net losses on sales of debt securities		(517)		(1,119)
Change in fair value of equity securities	(34)	(8)	(75)	(32)
Other	67	226	258	241
Total noninterest income	4,350	3,529	8,538	6,754
Noninterest Expense
Salaries and employee benefits	8,405	7,283	16,132	14,220
Net occupancy	1,149	1,112	2,331	2,222
Marketing and advertising	617	550	1,137	1,069
Legal and professional	515	454	1,030	1,005
Data processing	1,459	1,118	2,882	2,178
Pennsylvania bank shares tax	119	174	244	397
FDIC Insurance	408	198	730	380
ATM/debit card processing	339	307	662	601
Telecommunications	108	98	220	197
Nonservice pension	(7)	(29)	(36)	(59)
Lease termination		495		495
Other	1,224	888	2,310	1,962
Total noninterest expense	14,336	12,648	27,642	24,667
Income before federal income taxes	3,679	3,544	7,663	7,058
Federal income tax expense	646	568	1,269	790
Net income	$ 3,033	$ 2,976	$ 6,394	$ 6,268
Per share
Basic earnings per share	$ 0.67	$ 0.68	$ 1.43	$ 1.43
Diluted earnings per share	$ 0.66	$ 0.68	$ 1.43	$ 1.42

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Consolidated Statements of Comprehensive Income [Abstract]
Net Income		$ 3,033	$ 2,976	$ 6,394	$ 6,268
Debt Securities:
Unrealized gains (losses) arising during the period		447	(5,534)	74	3,092
Reclassification adjustment for losses included in net income	[1]		517		1,119
Net unrealized gains (losses)		447	(5,017)	74	4,211
Tax effect		(94)	1,052	(15)	(885)
Net of tax amount		353	(3,965)	59	3,326
Total other comprehensive gain (loss)		353	(3,965)	59	3,326
Total Comprehensive Income (Loss)		$ 3,386	$ (989)	$ 6,453	$ 9,594
[1] Reclassified to net losses on sales of debt securities

Consolidated Statements Of Chan

Consolidated Statements Of Changes In Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member] Impact of Adoption, Adjustment [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Impact of Adoption, Adjustment [Member]	Total
Balance at Dec. 31, 2022	$ 4,711	$ 43,535	$ 98	$ 125,892	$ (51,287)	$ (8,654)	$ 98	$ 114,197
Balance, shares at Dec. 31, 2022	4,390,397
Net income				6,268				6,268
Other comprehensive income loss					3,326			3,326
Cash dividends declared				(2,806)				(2,806)
Acquisition of treasury stock						$ (2,394)		(2,394)
Acquisition of treasury stock, shares						(84,414)
Treasury shares issued under dividend reinvestment plan		32				$ 779		811
Treasury shares issued under dividend reinvestment plan, shares	28,679
Stock Compensation Plans:
Treasury shares issued		(398)				415		17
Treasury shares issued, shares	15,326
Compensation expense		253						253
Balance at Jun. 30, 2023	$ 4,711	43,422		129,452	(47,961)	(9,854)		119,770
Balance, shares at Jun. 30, 2023	4,349,988
Balance at Mar. 31, 2023	$ 4,711	43,356		127,877	(43,996)	(8,365)		123,583
Balance, shares at Mar. 31, 2023	4,402,675
Net income				2,976				2,976
Other comprehensive income loss					(3,965)			(3,965)
Cash dividends declared				(1,401)				(1,401)
Acquisition of treasury stock						$ (2,078)		(2,078)
Acquisition of treasury stock, shares						(74,306)
Treasury shares issued under dividend reinvestment plan		(17)				$ 550		533
Treasury shares issued under dividend reinvestment plan, shares						20,195
Stock Compensation Plans:
Treasury shares issued		(35)				$ 39		4
Treasury shares issued, shares	1,424
Compensation expense		118						118
Balance at Jun. 30, 2023	$ 4,711	43,422		129,452	(47,961)	(9,854)		119,770
Balance, shares at Jun. 30, 2023	4,349,988
Balance at Dec. 31, 2023	$ 4,711	43,646		133,993	(40,940)	(9,274)		$ 132,136
Balance, shares at Dec. 31, 2023	4,371,231							4,371,231
Net income				6,394				$ 6,394
Other comprehensive income loss					59			59
Cash dividends declared				(2,806)				(2,806)
Acquisition of treasury stock						$ (440)		(440)
Acquisition of treasury stock, shares						(16,202)
Treasury shares issued under dividend reinvestment plan		(33)				$ 1,188		1,155
Treasury shares issued under dividend reinvestment plan, shares						43,543
Stock Compensation Plans:
Treasury shares issued		(362)				$ 377		15
Treasury shares issued, shares						13,802
Compensation expense		296						296
Balance at Jun. 30, 2024	$ 4,711	43,547		137,581	(40,881)	$ (8,149)		$ 136,809
Balance, shares at Jun. 30, 2024	4,412,374							4,412,374
Balance at Mar. 31, 2024	$ 4,711	43,459		135,955	(41,234)	(8,654)		$ 134,237
Balance, shares at Mar. 31, 2024	4,393,873
Net income				3,033				3,033
Other comprehensive income loss					353			353
Cash dividends declared				(1,407)				(1,407)
Acquisition of treasury stock						$ (400)
Acquisition of treasury stock, shares						(14,684)
Treasury shares issued under dividend reinvestment plan		(27)				$ 853		826
Treasury shares issued under dividend reinvestment plan, shares						31,255
Stock Compensation Plans:
Treasury shares issued		(52)				$ 52
Treasury shares issued, shares						1,930
Compensation expense		167						167
Balance at Jun. 30, 2024	$ 4,711	$ 43,547		$ 137,581	$ (40,881)	$ (8,149)		$ 136,809
Balance, shares at Jun. 30, 2024	4,412,374							4,412,374

Consolidated Statements Of Ch_2

Consolidated Statements Of Changes In Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Consolidated Statements Of Changes In Shareholders' Equity [Abstract]
Dividend declared per share	$ 0.32	$ 0.32	$ 0.64	$ 0.64

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities
Net income	$ 6,394	$ 6,268
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,040	988
Net amortization of loans and investment securities	1,775	1,720
Amortization of subordinate debt issuance costs	19	20
Provision for credit losses	998	1,061
Change in fair value of equity securities	75	32
Realized losses on sales of debt securities		1,119
Loans originated for sale	(13,227)	(8,341)
Proceeds from sale of loans	12,682	8,616
Gain on sale of loans held for sale	(174)	(118)
Increase in cash surrender value of life insurance	(224)	(220)
Gain from claims on life insurance policies	(78)
Change in fair value of derivative	(2)
Stock based compensation	296	253
Decrease in other assets	877	1,573
(Decrease) increase in other liabilities	(715)	414
Net cash provided by operating activities	9,736	13,385
Cash flows from investing activities
Net decrease in long-term interest-earning deposits in other banks	4,235	4,997
Proceeds from sales and calls of investment securities available for sale		40,117
Proceeds from maturities and pay-downs of securities available for sale	24,548	16,062
Purchase of investment securities available for sale	(8,025)	(7,248)
Increase in restricted stock	(8,000)	(50)
Net increase in loans	(61,419)	(94,417)
Proceeds from surrender of life insurance policies	559
Capital expenditures	(1,451)	(228)
Net cash used in investing activities	(49,553)	(40,767)
Cash flows from financing activities
Net decrease in demand deposits, interest-bearing checking, and savings accounts	(2,754)	(70,665)
Net increase in time deposits	51,234	32,352
Increase in long-term borrowings	200,000	70,000
Net decrease in short-term borrowings	(50,000)
Dividends paid	(2,806)	(2,806)
Purchase of Treasury shares	(440)	(2,394)
Cash received from option exercises	15	17
Treasury shares issued under dividend reinvestment plan	1,155	811
Net cash provided by financing activities	196,404	27,315
Increase (decrease) in cash and cash equivalents	156,587	(67)
Cash and cash equivalents at the beginning of the period	23,140	64,899
Cash and cash equivalents at the end of the period	179,727	64,832
Cash paid during the period for:
Interest on deposits and other borrowed funds	19,897	7,813
Income taxes	1,080	1,316
Noncash Activities
Noncash extinguishment of lease liability		537
Noncash decrease in right-of-use asset		$ 507

Basis Of Presentation

Basis Of Presentation	6 Months Ended
	Jun. 30, 2024
Basis Of Presentation [Abstract]
Basis Of Presentation	Note 1. Basis of Presentation The consolidated financial statements include the accounts of Franklin Financial Services Corporation (the Corporation), and its wholly owned subsidiaries, Farmers and Merchants Trust Company of Chambersburg (the Bank) and Franklin Future Fund Inc. Farmers and Merchants Trust Company of Chambersburg is a commercial bank that has one wholly owned subsidiary, Franklin Financial Properties Corp. Franklin Financial Properties Corp. holds real estate assets that are leased by the Bank. Franklin Future Fund Inc. is a non-bank investment company. The activities of the non-bank subsidiary are not significant to the consolidated totals. All significant intercompany transactions and account balances have been eliminated. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the consolidated financial position, results of operations, and cash flows as of June 30, 2024, and for all other periods presented have been made. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. It is suggested that these consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s 2023 Annual Report on Form 10-K. The consolidated results of operations for the three and six month period ended June 30, 2024 are not necessarily indicative of the operating results for the full year. Management has evaluated subsequent events for potential recognition and/or disclosure through the date these consolidated financial statements were issued. The consolidated balance sheet at December 31, 2023 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by GAAP for complete consolidated financial statements. For purposes of reporting cash flows, cash and cash equivalents include cash and due from banks, interest-bearing deposits in other banks and cash items with original maturities less than 90 days. Earnings per share are computed based on the weighted average number of shares outstanding during each period end. A reconciliation of the weighted average shares outstanding used to calculate basic earnings per share and diluted earnings per share follows: For the Three Months Ended For the Six Months Ended June 30, June 30, (Dollars and shares in thousands, except per share data) 2024 2023 2024 2023 Weighted average shares outstanding (basic) 4,555 4,380 4,465 4,388 Impact of common stock equivalents 7 8 8 13 Weighted average shares outstanding (diluted) 4,562 4,388 4,473 4,401 Anti-dilutive options excluded from calculation — 74 — 25 Net income $ 3,033 $ 2,976 $ 6,394 $ 6,268 Basic earnings per share $ 0.67 $ 0.68 $ 1.43 $ 1.43 Diluted earnings per share $ 0.66 $ 0.68 $ 1.43 $ 1.42

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2024
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 2. Recent Accounting Pronouncements Recently adopted accounting standards ASU 2023-01, Leases (Topic 842): Common Control Arrangements Description This ASU requires entities to determine whether a related party arrangement between entities under common control is a lease. If the arrangement is determined to be a lease, an entity must classify and account for the lease on the same basis as an arrangement with a related party (on the basis of legally enforceable terms and conditions). Effective Date January 1, 2024 Effect on the Consolidated Financial Statements The Corporation adopted the ASU on January 1, 2024 and it did not have a material effect on the Corporation's financial statements. ASU 2023-02, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method Description This ASU permits reporting entities to elect to account for their tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. Effective Date January 1, 2024 Effect on the Consolidated Financial Statements The Corporation adopted the ASU on January 1, 2024 and it did not have a material effect on the Corporation's financial statements. Recently issued but not yet effective accounting standards ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures Description This ASU is intended to improve the transparency of income tax disclosures by requiring consistent categories and greater disaggregation of information in the rate reconciliation table and income taxes paid to be disaggregated by jurisdiction. It also includes certain amendments to improve the effectiveness of income tax disclosures. Effective Date January 1, 2025 Effect on the Consolidated Financial Statements The ASU is not expected to have an impact on the Corporation's financial statements. ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures Description This ASU is intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. Effective Date Fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Effect on the Consolidated Financial Statements The Corporation is currently evaluating the impact the ASU will have on its consolidated financial statements. ASU 2023-01, Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative Description This ASU incorporates certain U.S. Securities and Exchange Commission (SEC) disclosure requirements into the FASB Accounting Standards Codification. The amendments in the ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics, allow users to more easily compare entities subject to the SEC's existing disclosures with those entities that were not previously subject to the requirement, and align the requirements in the Codification with the SEC's regulations. Effective Date The effective date for each amendment will be the date on which the SEC's removal of that related disclosure from Regulation S-X or Regulation S-K becomes effective, with early adoption prohibited. Effect on the Consolidated Financial Statements The ASU is not expected to have an impact on the Corporation's financial statements.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2024
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 3. Accumulated Other Comprehensive Loss The components of accumulated other comprehensive income (loss), net of income tax effects, included in shareholders' equity are as follows: June 30, December 31, (Dollars in thousands) 2024 2023 Net unrealized losses on debt securities $ ( 49,342 ) $ ( 49,416 ) Tax effect 10,362 10,377 Net of tax amount $ ( 38,980 ) $ ( 39,039 ) Accumulated pension adjustment $ ( 2,406 ) $ ( 2,406 ) Tax effect 505 505 Net of tax amount $ ( 1,901 ) $ ( 1,901 ) Total accumulated other comprehensive (loss) $ ( 40,881 ) $ ( 40,940 )

Investments

Investments	6 Months Ended
	Jun. 30, 2024
Investments [Abstract]
Investments	Note 4. Investments Available for Sale (AFS) Securities The amortized cost and estimated fair value of AFS securities as of June 30, 2024 and December 31, 2023 are as follows : (Dollars in thousands) Gross Gross Amortized unrealized unrealized Fair June 30, 2024 cost gains losses Value U.S. Treasury $ 83,139 $ — $ ( 10,119 ) $ 73,020 Municipal 158,445 — ( 23,744 ) 134,701 Corporate 26,346 — ( 2,658 ) 23,688 Agency mortgage & asset-backed 133,119 187 ( 9,523 ) 123,783 Non-Agency mortgage & asset-backed 102,758 34 ( 3,519 ) 99,273 Total $ 503,807 $ 221 $ ( 49,563 ) $ 454,465 (Dollars in thousands) Gross Gross Amortized unrealized unrealized Fair December 31, 2023 cost gains losses value U.S. Treasury $ 83,494 $ — $ ( 9,403 ) $ 74,091 Municipal 161,339 — ( 22,721 ) 138,618 Corporate 26,336 — ( 3,138 ) 23,198 Agency mortgage & asset-backed 142,565 90 ( 10,064 ) 132,591 Non-Agency mortgage & asset-backed 108,185 48 ( 4,228 ) 104,005 Total $ 521,919 $ 138 $ ( 49,554 ) $ 472,503 At June 30, 2024 and December 31, 2023, the fair value of debt securities pledged to secure public funds, trust deposits and FHLB loan commitments totaled $ 231.0 million and $ 207.4 million, respectively. The Bank has no investment in a single issuer that exceeds 10 % of shareholders’ equity, except for securities issued by the U.S. Treasury and U.S. government sponsored entities. The amortized cost and estimated fair value of debt securities at June 30, 2024, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities because of prepayment or call options embedded in the securities. Securities not due at a single maturity date are presented separately. (Dollars in thousands) Amortized cost Fair value Due in one year or less $ — $ — Due after one year through five years 85,160 75,619 Due after five years through ten years 80,052 69,302 Due after ten years 102,718 86,488 267,930 231,409 Mortgage & asset-backed 235,877 223,056 $ 503,807 $ 454,465 The composition of the net realized gains (losses) on debt securities for the three and six months ended are as follows: For the Three Months Ended For the Six Months Ended June 30, June 30, (Dollars in thousands) 2024 2023 2024 2023 Proceeds $ — $ 7,262 $ — $ 40,117 Gross gains realized $ — $ — $ — $ 12 Gross losses realized — ( 517 ) — ( 1,131 ) Net (losses) gains realized $ — $ ( 517 ) $ — $ ( 1,119 ) Tax benefit (provision) on net (losses) gains realized $ — $ 109 $ — $ 235 Credit Impairment : The debt securities portfolio contained 551 securities, with a fair value of $ 437.0 million, and $ 49.6 million in gross unrealized losses at June 30, 2024, essentially unchanged from the prior year-end. AFS securities in an unrealized loss position are evaluated for credit impairment at least quarterly. For these securities, the Bank considers: (1) the extent to which the fair value is less than amortized cost; (2) adverse conditions specifically related to the security, industry or geographic area; (3) the payment structure of the debt security and the likelihood of the issuer being able to make payments that increase in the future; (4) failure of the issuer of the security to make scheduled interest or principal payments; and (5) any changes to the rating of the security by a rating agency. In addition, the Bank considers whether it intends to sell these securities or whether it will be forced to sell these securities before the earlier of amortized cost recovery or maturity. The Bank does not have the intent to sell and does not believe it will more likely than not be required to sell any of these securities prior to a recovery of their fair value to amortized cost. The unrealized losses identified on debt securities and subject to evaluation at June 30, 2024, was determined not to be attributable to credit related factors; therefore, the Bank does not have an allowance for credit loss for these investments. The following table summarizes debt securities in the AFS portfolio in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category, length of time that individual securities have been in continuous unrealized loss position and the number of securities in each category as of June 30, 2024 and December 31, 2023: June 30, 2024 Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Losses Count Value Losses Count Value Losses Count U.S. Treasury $ — $ — — $ 73,020 $ ( 10,119 ) 226 $ 73,020 $ ( 10,119 ) 226 Municipal — — — 134,701 ( 23,744 ) 50 134,701 ( 23,744 ) 50 Corporate 978 ( 5 ) 1 22,710 ( 2,653 ) 166 23,688 ( 2,658 ) 167 Agency mortgage & asset-backed 745 ( 10 ) 4 108,925 ( 9,513 ) 57 109,670 ( 9,523 ) 61 Non-Agency mortgage & asset-backed 38,658 ( 194 ) 19 57,302 ( 3,325 ) 28 95,960 ( 3,519 ) 47 Total temporarily impaired $ 40,381 $ ( 209 ) 24 $ 396,658 $ ( 49,354 ) 527 $ 437,039 $ ( 49,563 ) 551 December 31, 2023 Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Losses Count Value Losses Count Value Losses Count U.S. Treasury $ — $ — — $ 74,091 $ ( 9,403 ) 28 $ 74,091 $ ( 9,403 ) 28 Municipal — — — 138,618 ( 22,721 ) 168 138,618 ( 22,721 ) 168 Corporate 1,483 ( 167 ) 5 21,715 ( 2,971 ) 46 23,198 ( 3,138 ) 51 Agency mortgage & asset-backed 6,227 ( 186 ) 19 118,053 ( 9,878 ) 223 124,280 ( 10,064 ) 242 Non-Agency mortgage & asset-backed 47,928 ( 560 ) 19 50,071 ( 3,668 ) 56 97,999 ( 4,228 ) 75 Total temporarily impaired $ 55,638 $ ( 913 ) 43 $ 402,548 $ ( 48,641 ) 521 $ 458,186 $ ( 49,554 ) 564 Equity Securities at Fair Value The Corporation owns one equity investment with a readily determinable fair value. At June 30, 2024 and December 31, 2023, this investment was reported at fair value of $ 352 thousand and $ 427 thousand, respectively, with changes in value reported through income.

Loans

Loans	6 Months Ended
	Jun. 30, 2024
Loans [Abstract]
Loans	Note 5. Loans The Bank reports its loan portfolio based on the primary collateral of the loan. It further classifies these loans by the primary purpose, either consumer or commercial. The Bank’s mortgage loans include long-term loans to individuals and businesses secured by mortgages on the borrower’s real property. Construction loans are made to finance the purchase of land and the construction of residential and commercial buildings thereon and are secured by mortgages on real estate. Commercial loans are made to businesses of various sizes for a variety of purposes including construction, property, plant and equipment, and working capital. Commercial loans also include loans to government municipalities. Commercial lending is concentrated in the Bank’s primary market, but also includes purchased loan participations. Consumer loans are comprised of installment, home equity and unsecured personal lines of credit. Each class of loans involves a different kind of risk. However, risk factors such as changes in interest rates, general economic conditions and changes in collateral values are common across all classes. The risk of each loan class is presented below. Residential Real Estate 1-4 family The largest risk in residential real estate loans to retail customers is the borrower’s inability to repay the loan due to the loss of the primary source of income. The Bank attempts to mitigate this risk through prudent underwriting standards including employment history, current financial condition and credit history. These loans are generally owner occupied and serve as the borrower’s primary residence. The Bank usually holds a first lien position on these properties but may hold a second lien position in some home equity loans or lines of credit. Commercial purpose loans, secured by residential real estate, are usually dependent upon repayment from the rental income or other business purposes. These loans are generally non-owner occupied. In addition to the real estate collateral, these loans may have personal guarantees or UCC filings on other business assets. If a payment default occurs on a 1-4 family residential real estate loan, the collateral serves as a source of repayment, but may be subject to a change in value due to economic conditions. Residential Real Estate Construction This class includes loans to individuals for construction of a primary residence and to contractors and developers to improve real estate and construct residential properties. Construction loans to individuals generally bear the same risk as 1-4 family residential loans. Additional risks may include cost overruns, delays in construction or contractor problems. Loans to contractors and developers are primarily dependent on the sale of improved lots or finished homes for repayment. Risks associated with these loans include the borrower’s character and capacity to complete a development, the effect of economic conditions on the valuation of lots or homes, cost overruns, delays in construction or contractor problems. In addition to real estate collateral, these loans may have personal guarantees or UCC filings on other business assets, depending on the financial strength and experience of the developer. Real estate construction loans are monitored on a regular basis by either an independent third party or the responsible loan officer, depending on the size and complexity of the project. This monitoring process includes, at a minimum, the submission of invoices or AIA documents detailing the cost incurred by the borrower, on-site inspections, and an authorizing signature for disbursement of funds. Commercial Real Estate Commercial real estate loans may be secured by various types of commercial property including retail space, office buildings, warehouses, hotels and motels, manufacturing facilities and, agricultural land. Commercial real estate loans present a higher level of risk than residential real estate loans. Repayment of these loans is normally dependent on cash flow generated by the operation of a business that utilizes the real estate. The successful operation of the business, and therefore repayment ability, may be affected by general economic conditions outside of the control of the operator. On most commercial real estate loans ongoing monitoring of cash flow and other financial performance indictors is completed annually through financial statement analysis. In addition, the value of the collateral may be negatively affected by economic conditions and may be insufficient to repay the loan in the event of default. In the event of foreclosure, commercial real estate may be more difficult to liquidate than residential real estate. Commercial Commercial loans are made for various business purposes to finance equipment, inventory, accounts receivables, and operating liquidity. These loans are generally secured by business assets or equipment, non-real estate collateral and/or personal guarantees. Commercial loans present a higher level of credit risk than other loans because repayment ability is usually dependent on cash-flow from a business operation that can be affected by general economic conditions. On most commercial loans ongoing monitoring of cash flow and other financial performance indicators occur at least annually through financial statement analysis. In the event of a default, collateral for these loans may be more difficult to liquidate, and the valuation of the collateral may decline more quickly than loans secured by other types of collateral. Loans to governmental municipalities are also included in the Commercial class. These loans generally have less risk than Commercial & Industrial (C&I) loans due to the taxing authority of the municipality and its ability to assess fees on services. This class also includes loans made as part of the Paycheck Protection Program (PPP). The PPP is a small business loan program, administered by the Small Business Administration (SBA). The PPP loans are 100 percent guaranteed by the SBA and have a maturity of two years or five years with a fixed interest rate of 1.00 % for the life of the loan. Because the PPP loans are 100 % guaranteed by the SBA, they present no credit risk to the Bank once the SBA guarantee is fulfilled. However, if the SBA does not grant loan forgiveness, the PPP loan would present the same risk factors as any other commercial loan. Consumer These loans are made for a variety of reasons to consumers and include term loans and personal lines-of credit. The loans may be secured or unsecured. Repayment is primarily dependent on the income of the borrower and to a lesser extent the sale of collateral. The underwriting of these loans is based on the consumer’s ability and willingness to repay and is determined by the borrower’s employment history, current financial condition and credit history. Collateral for these loans, if any, usually depreciates quickly and therefore, may not be adequate to repay the loan if it is repossessed. Therefore, the overall health of the economy, including unemployment rates and wages, will have an effect on the credit quality in this loan class. A summary of loans outstanding, by class, at the end of the reporting periods is as follows: June 30, December 31, (Dollars in thousands) 2024 2023 Residential Real Estate 1-4 Family Consumer first liens $ 159,806 $ 142,017 Commercial first lien 61,032 63,271 Total first liens 220,838 205,288 Consumer junior liens and lines of credit 70,256 68,752 Commercial junior liens and lines of credit 5,296 3,809 Total junior liens and lines of credit 75,552 72,561 Total residential real estate 1-4 family 296,390 277,849 Residential real estate - construction Consumer 15,804 13,837 Commercial 11,466 12,063 Total residential real estate construction 27,270 25,900 Commercial real estate 743,642 703,767 Commercial 243,628 242,654 Total commercial 987,270 946,421 Consumer 7,390 6,815 1,318,320 1,256,985 Less: Allowance for credit losses ( 17,018 ) ( 16,052 ) Net Loans $ 1,301,302 $ 1,240,933 Included in the loan balances are the following: Net unamortized deferred loan costs $ 1,829 $ 1,615 Loans pledged as collateral for borrowings and commitments from: FHLB $ 737,601 $ 699,527 Federal Reserve Bank 77,268 83,482 $ 814,869 $ 783,009 Paycheck Protection Program (included in commercial loans) $ 25 $ 57

Loan Quality And Allowance For

Loan Quality And Allowance For Credit Losses	6 Months Ended
	Jun. 30, 2024
Loan Quality And Allowance For Credit Losses [Abstract]
Loan Quality And Allowance For Credit Losses	Note 6. Loan Quality and Allowance for Credit Losses The Bank categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, and current economic trends, among other factors. Management utilizes a risk rating scale ranging from 1-Prime to 9-Loss to evaluate loan quality. This risk rating scale is used primarily for commercial purpose loans. Consumer purpose loans are identified as either performing or nonperforming based on the payment status of the loans. Nonperforming consumer loans are loans that are nonaccrual or 90 days or more past due and still accruing. The Bank uses the following definitions for risk ratings: Pass (1-5 ): are considered pass credits with lower or average risk and are not otherwise classified. Other Assets Especially Mentioned (OAEM) (6) : Loans classified as OAEM have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the borrower’s credit position at some future date. Substandard (7) : Loans classified as Substandard are inadequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Doubtful (8) : Loans classified as Doubtful have all the weaknesses inherent in those classified as Substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Loans that do not share risk characteristics are evaluated on an individual basis. Loans evaluated individually are not included in the pool evaluation. When management determines that foreclosure is probable or when the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the sale of the collateral, the expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for any discounts and selling costs as appropriate. Management monitors loan performance on a monthly basis and performs a quarterly evaluation of the adequacy of the Allowance for Credit Loss for loans (ACL). The Bank begins enhanced monitoring of all loans rated 6–OAEM or worse and obtains a new appraisal or asset valuation for any loans placed on nonaccrual and rated 7 - Substandard or worse. Management, at its discretion, may determine that additional adjustments to the appraisal or valuation are required. Valuation adjustments will be made as necessary based on factors, including, but not limited to: the economy, deferred maintenance, industry, type of property/equipment, age of the appraisal, etc. and the knowledge Management has about a particular situation. In addition, the cost to sell or liquidate the collateral is also estimated and deducted from the valuation in order to determine the net realizable value to the Bank. When determining the ACL, certain factors involved in the evaluation are inherently subjective and require material estimates that may be susceptible to significant change, including the amounts and timing of future cash flows. Management monitors the adequacy of the ACL on an ongoing basis and reports its adequacy quarterly to the Enterprise Risk Management Committee of the Board of Directors. Management believes the ACL at June 30, 2024 is adequate. The following table presents loans by year of origination and internally assigned risk ratings: (Dollars in thousands) Revolving Revolving Term Loans Loans Loans Amortized Cost Basis by Origination Year Amortized Converted As of June 30, 2024 2024 2023 2022 2021 2020 Prior Cost Basis to Term Total Residential real estate 1-4 family: Commercial: Risk rating: Pass (1-5) $ 2,903 $ 9,737 $ 8,484 $ 10,766 $ 9,189 $ 21,759 $ 3,490 $ — $ 66,328 OAEM (6) — — — — — — — — — Substandard (7) — — — — — — — — — Doubtful (8) — — — — — — — — — Total Commercial 2,903 9,737 8,484 10,766 9,189 21,759 3,490 — 66,328 Consumer: Performing 18,756 56,876 32,537 14,674 9,621 29,538 47,035 19,816 228,853 Nonperforming — — 106 280 — 436 387 — 1,209 Total Consumer 18,756 56,876 32,643 14,954 9,621 29,974 47,422 19,816 230,062 Total $ 21,659 $ 66,613 $ 41,127 $ 25,720 $ 18,810 $ 51,733 $ 50,912 $ 19,816 $ 296,390 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Residential real estate construction: Commercial: Risk rating: Pass (1-5) $ 1,980 $ 6,128 $ 1,059 $ 1,071 $ 184 $ 1,044 $ — $ — $ 11,466 OAEM (6) — — — — — — — — — Substandard (7) — — — — — — — — — Doubtful (8) — — — — — — — — — Total Commercial 1,980 6,128 1,059 1,071 184 1,044 — — 11,466 Consumer: Performing 4,811 10,993 — — — — — — 15,804 Nonperforming — — — — — — — — — Total Consumer 4,811 10,993 — — — — — — 15,804 Total $ 6,791 $ 17,121 $ 1,059 $ 1,071 $ 184 $ 1,044 $ — $ — $ 27,270 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate: Risk rating: Pass (1-5) $ 31,739 $ 205,456 $ 105,602 $ 96,075 $ 34,467 $ 236,387 $ 9,962 $ — $ 719,688 OAEM (6) — 2,927 1,794 1,722 6,732 1,646 594 — 15,415 Substandard (7) — 6,004 — — — 2,535 — — 8,539 Doubtful (8) — — — — — — — — — Total $ 31,739 $ 214,387 $ 107,396 $ 97,797 $ 41,199 $ 240,568 $ 10,556 $ — $ 743,642 Current period gross charge-offs $ — $ — $ — $ — $ — $ ( 2 ) $ — $ — $ ( 2 ) Commercial: Risk rating: Pass (1-5) $ 8,962 $ 30,446 $ 30,653 $ 41,822 $ 20,944 $ 65,039 $ 43,050 $ — $ 240,916 OAEM (6) — 12 448 1,586 14 — 240 — 2,300 Substandard (7) — — 215 — 1 — 196 — 412 Doubtful (8) — — — — — — — — — Total $ 8,962 $ 30,458 $ 31,316 $ 43,408 $ 20,959 $ 65,039 $ 43,486 $ — $ 243,628 Current period gross charge-offs $ ( 7 ) $ — $ ( 80 ) $ — $ — $ — $ ( 62 ) $ — $ ( 149 ) Consumer: Performing 1,491 1,401 509 1,836 82 48 1,977 — 7,344 Nonperforming — 23 — — 2 — 21 — 46 Total $ 1,491 $ 1,424 $ 509 $ 1,836 $ 84 $ 48 $ 1,998 $ — $ 7,390 Current period gross charge-offs $ ( 21 ) $ — $ ( 2 ) $ ( 2 ) $ ( 6 ) $ ( 1 ) $ ( 14 ) $ — $ ( 46 ) (Dollars in thousands) Revolving Revolving Term Loans Loans Loans Amortized Cost Basis by Origination Year Amortized Converted As of December 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Residential real estate 1-4 family: Commercial: Risk rating: Pass (1-5) $ 9,867 $ 9,088 $ 11,038 $ 9,691 $ 2,433 $ 22,906 $ 2,057 $ — $ 67,080 OAEM (6) — — — — — — — — — Substandard (7) — — — — — — — — — Doubtful (8) — — — — — — — — — Total Commercial 9,867 9,088 11,038 9,691 2,433 22,906 2,057 — 67,080 Consumer: Performing 53,128 34,136 15,625 10,245 5,222 28,423 43,968 20,022 210,769 Nonperforming — — — — — — — — — Total Consumer 53,128 34,136 15,625 10,245 5,222 28,423 43,968 20,022 210,769 Total $ 62,995 $ 43,224 $ 26,663 $ 19,936 $ 7,655 $ 51,329 $ 46,025 $ 20,022 $ 277,849 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Residential real estate construction: Commercial: Risk rating: Pass (1-5) $ 6,845 $ 2,209 $ 1,289 $ 214 $ — $ 1,506 $ — $ — $ 12,063 OAEM (6) — — — — — — — — — Substandard (7) — — — — — — — — — Doubtful (8) — — — — — — — — — Total Commercial 6,845 2,209 1,289 214 — 1,506 — — 12,063 Consumer: Performing 13,837 — — — — — — — 13,837 Nonperforming — — — — — — — — — Total Consumer 13,837 — — — — — — — 13,837 Total $ 20,682 $ 2,209 $ 1,289 $ 214 $ — $ 1,506 $ — $ — $ 25,900 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate: Risk rating: Pass (1-5) $ 180,052 $ 110,886 $ 98,540 $ 34,307 $ 38,603 $ 214,179 $ 10,567 $ — $ 687,134 OAEM (6) 2,955 1,350 1,000 6,823 — 2,182 139 — 14,449 Substandard (7) — — — — — 2,134 50 — 2,184 Doubtful (8) — — — — — — — — — Total $ 183,007 $ 112,236 $ 99,540 $ 41,130 $ 38,603 $ 218,495 $ 10,756 $ — $ 703,767 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial: Risk rating: Pass (1-5) $ 34,851 $ 33,983 $ 45,754 $ 22,847 $ 3,579 $ 64,542 $ 36,508 $ — $ 242,064 OAEM (6) — — — — — — — — — Substandard (7) — 317 — — — — 273 — 590 Doubtful (8) — — — — — — — — — Total $ 34,851 $ 34,300 $ 45,754 $ 22,847 $ 3,579 $ 64,542 $ 36,781 $ — $ 242,654 Current period gross charge-offs $ ( 125 ) $ — $ ( 130 ) $ — $ — $ — $ ( 50 ) $ — $ ( 305 ) Consumer: Performing 1,863 669 1,985 148 80 5 2,060 — 6,810 Nonperforming — — — — — — 5 — 5 Total $ 1,863 $ 669 $ 1,985 $ 148 $ 80 $ 5 $ 2,065 $ — $ 6,815 Current period gross charge-offs $ ( 63 ) $ — $ ( 10 ) $ ( 2 ) $ ( 6 ) $ — $ ( 36 ) $ — $ ( 117 ) The following table presents the amortized cost basis of loans on nonaccrual status and loans past due over 90 days and still accruing as of June 30, 2024: June 30, 2024 December 31, 2023 (Dollars in thousands) Nonaccrual and Loans Past Due Over 90 Days+ Nonaccrual and Loans Past Due Over 90 Days+ Loans Past Due Loans Past Due Nonaccrual Nonaccrual Over 90 Days Nonaccrual Nonaccrual Over 90 Days Without ACL With ACL Still Accruing Without ACL With ACL Still Accruing June 30, 2024 Residential Real Estate 1-4 Family First liens $ — $ — $ 41 $ — $ — $ — Junior liens and lines of credit — — 30 — — — Total — — 71 — — — Residential real estate - construction — — — — — — Commercial real estate 407 — — — — — Commercial 316 — 88 147 — — Consumer — — 6 — — 5 Total $ 723 $ — $ 165 $ 147 $ — $ 5 At June 30, 2024 the company had $ 407 thousand of commercial real estate loans and $ 316 thousand of commercial loans that were considered to be collateral dependent. A loan is considered to be collateral dependent when the borrower is experiencing financial difficulty, and the repayment is expected to be provided substantially through the operation or sale of collateral. These loans were secured by farmland and business assets, respectively. No loans were considered collateral dependent at December 31, 2023. At June 30, 2024 and December 31, 2023, the Bank had $ 0 of residential properties in the process of foreclosure. The following table presents the aging of payments of the loan portfolio : (Dollars in thousands) Loans Past Due Total Total 30-59 Days 60-89 Days 90 Days+ Past Due Current Loans June 30, 2024 Residential Real Estate 1-4 Family First liens $ — $ 799 $ 41 $ 840 $ 219,998 $ 220,838 Junior liens and lines of credit 339 — 30 369 75,183 75,552 Total 339 799 71 1,209 295,181 296,390 Residential real estate - construction — — — — 27,270 27,270 Commercial real estate 356 854 407 1,617 742,025 743,642 Commercial 193 — 404 597 243,031 243,628 Consumer 37 3 6 46 7,344 7,390 Total $ 925 $ 1,656 $ 888 $ 3,469 $ 1,314,851 $ 1,318,320 Loans Past Due Total Total 30-59 Days 60-89 Days 90 Days+ Past Due Current Loans December 31, 2023 Residential Real Estate 1-4 Family First liens $ 62 $ 394 $ — $ 456 $ 204,832 $ 205,288 Junior liens and lines of credit 239 228 — 467 72,094 72,561 Total 301 622 — 923 276,926 277,849 Residential real estate - construction — — — — 25,900 25,900 Commercial real estate 3,232 — — 3,232 700,535 703,767 Commercial 542 112 147 801 241,853 242,654 Consumer 21 12 5 38 6,777 6,815 Total $ 4,096 $ 746 $ 152 $ 4,994 $ 1,251,991 $ 1,256,985 The following table presents, by class, the activity in the Allowance for Credit Losses (ACL) for the periods shown: Residential Real Estate 1-4 Family First Junior Liens & Commercial (Dollars in thousands) Liens Lines of Credit Construction Real Estate Commercial Consumer Unallocated Total ACL at March 31, 2024 $ 1,308 $ 415 $ 337 $ 11,057 $ 3,324 $ 92 $ — $ 16,533 Charge-offs — — — — ( 83 ) ( 18 ) — ( 101 ) Recoveries — — 3 — 20 3 — 26 Provision 76 14 ( 22 ) 366 103 23 — 560 ACL at June 30, 2024 $ 1,384 $ 429 $ 318 $ 11,423 $ 3,364 $ 100 $ — $ 17,018 ACL at December 31, 2023 $ 1,296 $ 419 $ 296 $ 10,657 $ 3,290 $ 94 $ — $ 16,052 Charge-offs — — — ( 2 ) ( 149 ) ( 46 ) — ( 197 ) Recoveries — — 7 — 80 26 — 113 Provision 88 10 15 768 143 26 — 1,050 ACL at June 30, 2024 $ 1,384 $ 429 $ 318 $ 11,423 $ 3,364 $ 100 $ — $ 17,018 ACL at March 31, 2023 $ 1,624 $ 690 $ 190 $ 8,236 $ 3,275 $ 94 $ — $ 14,109 Charge-offs — — — — ( 1 ) ( 42 ) — ( 43 ) Recoveries — — 3 — 12 10 — 25 Provision 96 ( 7 ) ( 16 ) 847 ( 432 ) 36 — 524 ACL at June 30, 2023 $ 1,720 $ 683 $ 177 $ 9,083 $ 2,854 $ 98 $ — $ 14,615 ACL at December 31, 2022 $ 459 $ 234 $ 343 $ 7,493 $ 4,846 $ 133 $ 667 $ 14,175 Impact of adopting ASU 2016-13 1,096 493 ( 95 ) 584 ( 1,907 ) ( 40 ) ( 667 ) ( 536 ) Charge-offs — — — — ( 87 ) ( 76 ) — ( 163 ) Recoveries 2 — 42 — 79 25 — 148 Provision 163 ( 44 ) ( 113 ) 1,006 ( 77 ) 56 — 991 ACL at June 30, 2023 $ 1,720 $ 683 $ 177 $ 9,083 $ 2,854 $ 98 $ — $ 14,615 On January 1, 2023, The Bank adopted ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” (“ASU 2022-02”), which eliminated the accounting guidance for troubled debt restructurings (“TDRs”) while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. Modifications to borrowers experiencing financial difficulty may include interest rate reductions, principal or interest forgiveness, forbearances, term extensions, and other actions intended to minimize economic loss and to avoid foreclosure or repossession of collateral. As of June 30, 2024 and December 31, 2023 there were no modifications made to borrowers experiencing financial difficulty.

Leases

Leases	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Leases	Note 7. Leases The Corporation leases various assets in the course of its operations that are subject to recognition on the balance sheet. The Corporation considers all of its leases to be operating leases and it has no finance leases. The leased assets may include equipment, and buildings and land (collectively real estate). The equipment leases are shorter-term than the real estate leases, and generally have a fixed payment over a defined term without renewal options. Certain equipment leases have purchase options and it was determined the option was not reasonably certain to be exercised. The real estate leases are longer-term and may contain renewal options after the initial term , but none of the real estate leases contain a purchase option. The renewal options on real estate leases were reviewed and if it was determined the option was reasonably certain to be renewed, the option term was considered in the determination of the lease liability. There is only one real estate lease with a variable payment based on an index included in the lease liability. None of the leases contain any restrictive covenants and there are no significant leases that have not yet commenced. The discount rate used to determine the lease liability is based on the Bank’s fully secured borrowing rate from the Federal Home Loan Bank for a term similar to the lease term. Operating lease expense is included in net occupancy expense in the consolidated statements of income. Lease costs: The components of total lease cost were as follows: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2024 2023 2024 2023 Operating lease cost $ 195 $ 212 $ 389 $ 429 Short-term lease cost 1 4 2 8 Variable lease cost 37 37 87 74 Total lease cost $ 233 $ 253 $ 478 $ 511 Supplemental Lease Information: Six Months Ended June 30, (Dollars in thousands) 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 379 $ 413 Weighted-average remaining lease term (years) 11.7 11.9 Weighted-average discount rate 3.43 % 3.37 % Lease Obligations: Future undiscounted lease payments for operating leases with initial terms of one year or more as of June 30, 2024, are as follows: (Dollars in thousands) 2024 $ 354 2025 666 2026 564 2027 421 2028 393 2029 and beyond 3,205 Undiscounted cash flow 5,603 Imputed Interest ( 1,076 ) Total lease liability $ 4,527

Other Real Estate Owned

Other Real Estate Owned	6 Months Ended
	Jun. 30, 2024
Other Real Estate Owned [Abstract]
Other Real Estate Owned	Note 8. Other Real Estate Owned The Bank had no other real estate owned at June 30, 2024 and December 31, 2023.

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2024
Derivatives [Abstract]
Derivatives	Note 9. Derivatives The Corporation is exposed to certain risks arising from both its business operations and economic conditions. The Corporation principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Corporation manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its assets and liabilities. The Corporation’s existing credit derivatives result from participations in interest rate swaps provided by external lenders as part of loan participation arrangements. Derivatives not designated as hedges are not speculative and result from a service the Corporation provides to certain lenders which participate in loans. The table below presents the fair value of the Corporation’s derivative financial instruments as well as their classification on the Balance Sheet. Fair Value of Derivative Instruments Derivative Liabilities (Dollars in thousands) June 30, 2024 December 31, 2023 Notional amount Balance Sheet Location Fair Value Notional amount Balance Sheet Location Fair Value Derivatives not designated as hedging instruments Other Contracts $ 6,167 Other Liabilities $ — $ 6,268 Other Liabilities $ 2 Total derivatives not designated as hedging instruments $ — $ 2 The table below presents the effect of the Corporation’s derivative financial instruments that are not designated as hedging instruments on the Income Statement. Effect of Derivatives as Hedging Instruments on the Income Statement Derivatives Not Designated as Hedging Instruments under Subtopic 815-20 Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Recognized in Income on Derivatives (Dollars in thousands) Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Other Contracts Other income $ - $ 2 $ 1 $ - As of June 30, 2024, the fair value of derivatives in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk, related to these agreements was $ 0 .

Pension

Pension	6 Months Ended
	Jun. 30, 2024
Pension [Abstract]
Pension	Note 10. Pension The components of pension expense for the periods presented are as follows: Three Months Ended Six Months Ended June 30, June 30, (Dollars in thousands) 2024 2023 2024 2023 Components of net periodic cost: Service cost $ 56 $ 53 $ 103 $ 108 Interest cost 193 202 381 403 Expected return on plan assets ( 215 ) ( 231 ) ( 432 ) ( 462 ) Recognized net actuarial loss 15 — 15 — Total pension expense $ 49 $ 24 $ 67 $ 49 The service cost component of pension expense is recorded in the salaries and employee benefits line and all other cost components are recorded in the nonservice pension line of the Consolidated Statements of Income.

Fair Value Measurements And Fai

Fair Value Measurements And Fair Values Of Financial Instruments	6 Months Ended
	Jun. 30, 2024
Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]
Fair Value Measurements And Fair Values Of Financial Instruments	Note 11. Fair Value Measurements and Fair Values of Financial Instruments Management uses its best judgment in estimating the fair value of the Corporation’s financial instruments; however, there are inherent weaknesses in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates herein are not necessarily indicative of the amounts the Corporation could have realized in a sales transaction on the dates indicated. The estimated fair value amounts have been measured as of their respective period-ends and have not been re-evaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amounts reported at each year-end. The Corporation uses the exit price notion to measure the fair value of financial instruments. FASB ASC Topic 820, “Financial Instruments”, requires disclosure of the fair value of financial assets and liabilities, including those financial assets and liabilities that are not measured and reported at fair value on a recurring and nonrecurring basis. The Corporation does not report any nonfinancial assets at fair value. FASB ASC Topic 820 establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under FASB ASC Topic 820 are as follows: Level 1 : Valuation is based on unadjusted, quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2 : Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. There may be substantial differences in the assumptions used for securities within the same level. For example, prices for U.S. Agency securities have fewer assumptions and are closer to level 1 valuations than the private label mortgage-backed securities that require more assumptions and are closer to level 3 valuations. Level 3 : Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Corporation’s assumptions regarding what market participants would assume when pricing a financial instrument. An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The following information regarding the fair value of the Corporation’s financial instruments should not be interpreted as an estimate of the fair value of the entire Corporation since a fair value calculation is only provided for a limited portion of the Corporation’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Corporation’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Corporation’s financial instruments measured at fair value on a recurring and nonrecurring basis. Equity Securities : Equity securities are valued using quoted market prices from nationally recognized markets (Level 1). Equity securities are measured at fair value on a recurring basis. Investment securities : Fair values of investment securities available-for-sale were primarily measured using information from a third-party pricing service. This service provides pricing information by utilizing evaluated pricing models supported with market data information. Standard inputs include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, and reference data from market research publications. Level 2 investment securities are primarily comprised of debt securities issued by states and municipalities, corporations, mortgage-backed securities issued by government agencies, and government-sponsored enterprises. Fair values were estimated primarily by obtaining quoted prices for similar assets in active markets or through the use of pricing models. Investment securities are measured at fair value on a recurring basis. Collateral Dependent Loans : The fair value of collateral dependent loans with specific allocations of the allowance for credit losses is generally based on recent real estate appraisals conducted by an independent, licensed appraiser, less cost to sell. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach (Level 2). If the appraiser makes an adjustment to account for differences between the comparable sales and income data available for similar loans, or if management adjusts the appraised value, then the fair value is considered Level 3. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Collateral dependent loans are evaluated on a quarterly basis for additional impairment and adjusted in accordance with the allowance policy. No partial charge-offs on these loans were taken in the first quarter of 2024. Collateral dependent loans are measured at fair value on a nonrecurring basis. Recurring Fair Value Measurements For financial assets and liabilities measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at June 30, 2024 and December 31, 2023 are as follows: (Dollars in thousands) Fair Value at June 30, 2024 Asset Description Level 1 Level 2 Level 3 Total Equity securities, at fair value $ 352 $ — $ — $ 352 Available for sale: U.S. Treasury 73,020 — — 73,020 Municipal — 134,701 — 134,701 Corporate — 23,688 — 23,688 Agency mortgage & asset-backed — 123,783 — 123,783 Non-Agency mortgage & asset-backed — 99,273 — 99,273 Total assets $ 73,372 $ 381,445 $ — $ 454,817 (Dollars in thousands) Fair Value at December 31, 2023 Asset Description Level 1 Level 2 Level 3 Total Equity securities, at fair value $ 427 $ — $ — $ 427 Available for sale: U.S. Treasury 74,091 — — 74,091 Municipal — 138,618 — 138,618 Corporate — 23,198 — 23,198 Agency mortgage and asset-backed — 132,591 — 132,591 Non-Agency mortgage and asset-backed — 104,005 — 104,005 Total assets $ 74,518 $ 398,412 $ — $ 472,930 The fair value of derivative liabilities measured at fair value was $ 0 at June 30, 2024, $ 2 thousand at December 31, 2023 and was considered immaterial. Nonrecurring Fair Value Measurements The Corporation did no t record any assets or liabilities at fair value for which measurement of the fair value was made on a nonrecurring basis at June 30, 2024. For financial assets and liabilities measured at fair value on a recurring basis, there were no transfers of financial assets or liabilities between Level 1 and Level 2 during the period ending June 30, 2024. The carrying amounts and estimated fair value of financial instruments not carried at fair value are as follows: June 30, 2024 Carrying Fair (Dollars in thousands) Amount Value Level 1 Level 2 Level 3 Financial assets, carried at cost: Cash and cash equivalents $ 179,727 $ 179,727 $ 179,727 $ — $ — Long-term interest-earning deposits in other banks 1,994 1,994 1,994 — — Loans held for sale 932 947 — 947 — Net loans 1,301,302 1,259,496 — — 1,259,496 Accrued interest receivable 7,515 7,515 — — 7,515 Financial liabilities: Deposits $ 1,586,458 $ 1,585,810 $ — $ 1,585,810 $ — Federal Reserve Bank borrowings 40,000 39,891 39,891 FHLB advances 240,000 239,310 — 239,310 — Subordinate notes 19,680 17,474 — 17,474 — Accrued interest payable 4,735 4,735 — 4,735 — December 31, 2023 Carrying Fair (Dollars in thousands) Amount Value Level 1 Level 2 Level 3 Financial assets, carried at cost: Cash and cash equivalents $ 23,140 $ 23,140 $ 23,140 $ — $ — Long-term interest-earning deposits in other banks 6,229 6,229 6,229 — — Loans held for sale 213 213 — 213 — Net loans 1,240,933 1,207,403 — — 1,207,403 Accrued interest receivable 7,506 7,506 — — 7,506 Financial liabilities: Deposits $ 1,537,978 $ 1,537,480 $ — $ 1,537,480 $ — Federal Reserve Bank Borrowings 90,000 89,783 89,783 FHLB Advances 40,000 40,110 40,110 Subordinate notes 19,661 18,303 — 18,303 — Accrued interest payable 3,856 3,856 — 3,856 —

Deposits

Deposits	6 Months Ended
	Jun. 30, 2024
Deposits [Abstract]
Deposits	Note 12. Deposits June 30, December 31, (Dollars in thousands) 2024 2023 Noninterest-bearing checking $ 282,964 $ 273,050 Interest-bearing checking 401,174 454,517 Money management 616,928 572,058 Savings 101,712 105,907 Total interest-bearing checking and savings 1,119,814 1,132,482 Time deposits 183,680 132,446 Total deposits $ 1,586,458 $ 1,537,978 Overdrawn deposit accounts reclassified as loans $ 660 $ 160 Time deposits greater than $250,000 at June 30, 2024 and December 31, 2023 were $ 48.5 million and $ 44.4 million, respectively.

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2024
Borrowings [Abstract]
Borrowings	Note 13. Borrowings At June 30, 2024, the Bank had $ 40.0 million borrowed from the Federal Reserve’s Bank Term Funding Program (BTFP) with a rate of 4.81 % due January 10, 2025, compared to $ 90.0 million at December 31, 2023. At June 30, 2024, the fair value of debt securities pledged for the BTFP was $ 44.1 million. At June 30, 2024, the Bank had $ 240.0 million in total borrowings from the Federal Home Loan Bank of Pittsburgh (FHLB), compared to $ 40.0 million at December 31, 2023. The borrowings are comprised of $ 40.0 million in short-term borrowings with a blended rate of 5.80 %, due during the third quarter of 2024, and $ 200.0 million in long-term borrowings with a rate of 4.32 %, due January 12, 2027. At June 30, 2024, t he Corporation had $ 20.0 million of unsecured subordinated debt notes payable, $ 15.0 million which mature on September 1, 2030 and $ 5.0 million which mature on September 1, 2035. The notes are recorded on the consolidated balance sheet net of remaining debt issuance costs totaling $ 320 thousand at June 30, 2024, which is being amortized on a pro-rata basis, based on the maturity date of the notes, on an effective interest method. The subordinated notes totaling $ 15.0 million have a fixed interest rate of 5.00 % through September 1, 2025, then convert to a variable rate of 90-day Secured Overnight Financing Rate (SOFR) plus 4.93 % for the applicable interest periods through maturity. The subordinated notes totaling $ 5.0 million have a fixed interest rate of 5.25 % through September 1, 2030, then convert to a variable rate of 90-day SOFR plus 4.92 % for the applicable interest periods through maturity. The Corporation may, at its option, redeem the notes, in whole or in part, at any time 5 -years prior to the maturity. The notes are structured to qualify as Tier 2 Capital for the Corporation and there are no debt covenants on the notes.

Capital Ratios

Capital Ratios	6 Months Ended
	Jun. 30, 2024
Capital Ratios [Abstract]
Capital Ratios	Note 14. Capital Ratios Capital adequacy for the Bank is currently defined by regulatory agencies through the use of several minimum required ratios. The capital ratios to be considered “well capitalized” are: (1) Common Equity Tier 1 (CET1) of 6.5 %, (2) Tier 1 Leverage of 5 %, (3) Tier 1 Risk-Based Capital of 8 %, and (4) Total Risk-Based Capital of 10 %. In addition, a capital conservation buffer of 2.5 % is applicable to all of the capital ratios except for the Tier 1 Leverage ratio. The capital conservation buffer is equal to the lowest value of the three applicable capital ratios less the regulatory minimum for each respective capital measurement. The Bank’s capital conservation buffer at June 30, 2024 was 5.52 % compared to the regulatory buffer of 2.5 %. Compliance with the capital conservation buffer is required in order to avoid limitations to certain capital distributions and is in addition to the minimum required capital requirements. As of June 30, 2024, the Bank was “well capitalized.” In 2019, the Community Bank Leverage Ratio (CBLR) was approved by federal banking agencies as an optional capital measure available to Qualifying Community Banking Organizations (QCBO). If a bank qualifies as a QCBO and maintains a CBLR of 9 % or greater, the bank would be considered “well-capitalized” for regulatory capital purposes and exempt from complying with the risk-based capital rule described above. The CBLR rule took effect January 1, 2020 and banks could opt-in through an election in the first quarter 2020 regulatory filing. The Bank met the criteria of a QCBO but did not opt-in to the CBLR. The consolidated asset limit on small bank holding companies is $ 3.0 billion and a company with assets under that limit is not subject to the consolidated capital rules but may file reports that include capital amounts and ratios. The Corporation has elected to file those reports. The following table summarizes the regulatory capital requirements and results as of June 30, 2024 and December 31, 2023 for the Corporation and the Bank: Regulatory Ratios Adequately Well June 30, December 31, Capitalized Capitalized (Dollars in thousands) 2024 2023 Minimum Minimum Common Equity Tier 1 Risk-based Capital Ratio (1) Franklin Financial Services Corporation 12.01 % 11.82 % N/A N/A Farmers & Merchants Trust Company 12.27 % 12.38 % 4.50 % 6.50 % Tier 1 Risk-based Capital Ratio (2) Franklin Financial Services Corporation 12.01 % 11.82 % N/A N/A Farmers & Merchants Trust Company 12.27 % 12.38 % 6.00 % 8.00 % Total Risk-based Capital Ratio (3) Franklin Financial Services Corporation 14.66 % 14.45 % N/A N/A Farmers & Merchants Trust Company 13.52 % 13.63 % 8.00 % 10.00 % Tier 1 Leverage Ratio (4) Franklin Financial Services Corporation 8.38 % 9.01 % N/A N/A Farmers & Merchants Trust Company 8.56 % 9.44 % 4.00 % 5.00 % (1) Common equity Tier 1 capital / total risk-weighted assets (2) Tier 1 capital / total risk-weighted assets (3) Total risk-based capital / total risk-weighted assets (4) Tier 1 capital / average quarterly assets

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2024
Revenue Recognition [Abstract]
Revenue Recognition	Note 15. Revenue Recognition All of the Corporation’s revenue from contracts with customers within the scope of ASC 606 is recognized in non-interest income as presented in its consolidated statements of income. Revenue generating activities that fall within the scope of ASC 606 are described as follows: Wealth Management Fees – these represent fees from wealth management (assets under management), fees from the management and settlement of estates and commissions from the sale of investment and insurance products. Asset management fees are generally assessed based on a tiered fee schedule, based on the value of assets under management, and are recognized monthly when the service obligation is completed. Fees for estate management services are based on the estimated fair value of the estate. These fees are generally recognized monthly over an 18 -month period that Management has determined to represent the average time to fulfill the performance obligations of the contract. Management has the discretion to adjust this time period as needed based upon the nature and complexity of an individual estate. Commissions from the sale of investment and insurance products are recognized upon the completion of the transaction. The following table presents Wealth Management Fees for the three and six months ended June 30, 2024 and 2023: For the Three Months Ended For the Six Months Ended (Dollars in thousands) June 30, June 30, Wealth Management Fees 2024 2023 2024 2023 Asset Management Fees $ 2,051 $ 1,844 $ 3,884 $ 3,481 Estate Management Fees 128 61 215 152 Commissions 63 54 170 160 Total $ 2,242 $ 1,959 $ 4,269 $ 3,793 Loan Service Charges – these represent fees on loans for services or charges that occur after the loan has been booked, for example, late payment fees. These also include fees for mortgages settled for third-party mortgage companies. All of these fees are transactional in nature and are recognized upon completion of the transaction which represents the performance obligation. Deposit Service Charges and Fees – these represent fees from deposit customers for transaction based, account maintenance, and overdraft services. Transaction based fees include, but are not limited to, stop payment fees and overdraft fees. These fees are recognized at the time of the transaction when the performance obligation has been fulfilled. Account maintenance fees and account analysis fees are earned over the course of a month, representing the period of the performance obligation, and are recognized monthly. Debit Card Income – this represents interchange fees from cardholder transactions conducted through the card payment network. Cardholders use the debit card to conduct point-of-sale transactions that produce interchange fees. The fees are transaction based and the fee is recognized with the processing of the transaction. These fees are reported net of cardholder rewards. Other Service Charges and Fees – these are comprised primarily of merchant card fees, credit card fees, ATM surcharges and interchange fees and wire transfer fees. Merchant card fees represent fees the Bank earns from a third party for enrolling a customer in the processor’s program. Credit card fees represent a fee earned by the Bank for a successful referral to a card-issuing company. ATM surcharges and interchange fees are the result of Bank customers conducting ATM transactions that generate fee income and are processed through multiple card networks. All of these fees are transaction based and are recognized at the time of the transaction. Gains/Losses on the Sale of Other Real Estate – these are recognized when control of the property transfers to the buyer. Contract Balances A contract asset balance occurs when an entity performs a service for a customer before the customer pays consideration (resulting in a contract receivable) or before payment is due (resulting in a contract asset). A contract liability balance is an entity’s obligation to transfer a service to a customer for which the entity has already received payment (or payment is due) from the customer. The Company’s noninterest revenue streams are largely based on transactional activity, or standard month-end revenue accruals such as asset management fees based on month-end market values. Consideration is often received immediately or shortly after the Company satisfies its performance obligation and revenue is recognized. The Company does not typically enter into longer-term revenue contracts with customers, and therefore, does not experience significant contract balances. Contract Acquisition Costs The Corporation expenses all contract acquisition costs as costs are incurred.

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
	Jun. 30, 2024
Commitments And Contingencies [Abstract]
Commitments And Contingencies	1 Note 16. Commitments and Contingencies In the normal course of business, the Bank is a party to financial instruments that are not reflected in the accompanying financial statements and are commonly referred to as off-balance-sheet instruments. These financial instruments are entered into primarily to meet the financing needs of the Bank’s customers and include commitments to extend credit and standby letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk not recognized in the consolidated balance sheet. The Corporation’s exposure to credit loss in the event of nonperformance by other parties to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contract or notional amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as they do for on-balance-sheet instruments. The Bank had the following outstanding commitments for the periods presented: June 30, December 31, (Dollars in thousands) 2024 2023 Financial instruments whose contract amounts represent credit risk Commercial commitments to extend credit $ 320,735 $ 325,982 Consumer commitments to extend credit (secured) 126,387 112,157 Consumer commitments to extend credit (unsecured) 6,366 5,964 $ 453,488 $ 444,103 Standby letters of credit $ 21,538 $ 19,851 ACL - Unfunded Commitments (1) $ 1,970 $ 2,022 (1) Reported in Other Liabilities on the Consolidated Balance Sheets Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses with the exception of home equity lines and personal lines of credit and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank, is based on Management’s credit evaluation of the counterparty. Collateral for most commercial commitments varies but may include accounts receivable, inventory, property, plant, and equipment, and income-producing commercial properties. Collateral for secured consumer commitments consists of liens on residential real estate. Standby letters of credit are instruments issued by the Bank, which guarantee the beneficiary payment by the Bank in the event of default by the Bank’s customer in the nonperformance of an obligation or service. Most standby letters of credit are extended for one -year periods. Generally, the credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Bank holds collateral supporting those commitments for which collateral is deemed necessary primarily in the form of certificates of deposit and liens on real estate. Management believes that the proceeds obtained through a liquidation of such collateral would be sufficient to cover the maximum potential amount of future payments required under the corresponding guarantees. Most of the Bank’s business activity is with customers located within its primary market and does not involve any significant concentrations of credit to any one entity or industry. Legal Proceedings The nature of the Corporation’s business generates a certain amount of litigation. The Corporation establishes accruals for legal proceedings when information related to the loss contingencies represented by those matters indicates both that a loss is probable, and the amount of the loss can be reasonably estimated. When the Corporation is able to do so, it also determines estimates of possible losses, whether in excess of any accrued liability or where there is no accrued liability. These assessments are based on the analysis of currently available information and are subject to significant judgment and a variety of assumptions and uncertainties. As new information is obtained, the Corporation may change its assessments and, as a result, take or adjust the amounts of its accruals and change its estimates of possible losses or ranges of possible losses. Due to the inherent subjectivity of the assessments and the unpredictability of outcomes of legal proceedings, any amounts that may be accrued or included in estimates of possible losses or ranges of possible losses may not represent the actual loss to the Corporation from any legal proceeding. Its exposure and ultimate losses may be higher, possibly significantly higher, than amounts it may accrue or amounts it may estimate. In management’s opinion, the Corporation does not anticipate, at the present time, that the ultimate aggregate liability, if any, arising out of all litigation to which the Corporation is a party at this time will have a material adverse effect on its financial position. The Corporation cannot now determine, however, whether or not any claim asserted against it will have a material adverse effect on its results of operations in any future reporting period, which will depend on, among other things, the amount of loss resulting from the claim and the amount of income otherwise reported for the reporting period. Thus, at June 30, 2024, the Corporation is unable to provide an evaluation of the likelihood of an unfavorable outcome or an estimate of the amount or range of potential loss with respect to such other matters and, accordingly, have not yet established any specific accrual for such other matters.

Reclassification

Reclassification	6 Months Ended
	Jun. 30, 2024
Reclassification [Abstract]
Reclassification	Note 17. Reclassification Certain prior period amounts may have been reclassified to conform to the current year presentation. Such reclassifications did not affect prior year net income or shareholders’ equity .

Basis Of Presentation (Policy)

Basis Of Presentation (Policy)	6 Months Ended
	Jun. 30, 2024
Basis Of Presentation [Abstract]
Consolidation	The consolidated financial statements include the accounts of Franklin Financial Services Corporation (the Corporation), and its wholly owned subsidiaries, Farmers and Merchants Trust Company of Chambersburg (the Bank) and Franklin Future Fund Inc. Farmers and Merchants Trust Company of Chambersburg is a commercial bank that has one wholly owned subsidiary, Franklin Financial Properties Corp. Franklin Financial Properties Corp. holds real estate assets that are leased by the Bank. Franklin Future Fund Inc. is a non-bank investment company. The activities of the non-bank subsidiary are not significant to the consolidated totals. All significant intercompany transactions and account balances have been eliminated. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the consolidated financial position, results of operations, and cash flows as of June 30, 2024, and for all other periods presented have been made. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. It is suggested that these consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s 2023 Annual Report on Form 10-K. The consolidated results of operations for the three and six month period ended June 30, 2024 are not necessarily indicative of the operating results for the full year. Management has evaluated subsequent events for potential recognition and/or disclosure through the date these consolidated financial statements were issued. The consolidated balance sheet at December 31, 2023 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by GAAP for complete consolidated financial statements. For purposes of reporting cash flows, cash and cash equivalents include cash and due from banks, interest-bearing deposits in other banks and cash items with original maturities less than 90 days.
Earnings Per Share	Earnings per share are computed based on the weighted average number of shares outstanding during each period end. A reconciliation of the weighted average shares outstanding used to calculate basic earnings per share and diluted earnings per share follows: For the Three Months Ended For the Six Months Ended June 30, June 30, (Dollars and shares in thousands, except per share data) 2024 2023 2024 2023 Weighted average shares outstanding (basic) 4,555 4,380 4,465 4,388 Impact of common stock equivalents 7 8 8 13 Weighted average shares outstanding (diluted) 4,562 4,388 4,473 4,401 Anti-dilutive options excluded from calculation — 74 — 25 Net income $ 3,033 $ 2,976 $ 6,394 $ 6,268 Basic earnings per share $ 0.67 $ 0.68 $ 1.43 $ 1.43 Diluted earnings per share $ 0.66 $ 0.68 $ 1.43 $ 1.42

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Policy)	6 Months Ended
	Jun. 30, 2024
Recent Accounting Pronouncements [Abstract]
Recently Adopted Accounting Standards	Recently adopted accounting standards ASU 2023-01, Leases (Topic 842): Common Control Arrangements Description This ASU requires entities to determine whether a related party arrangement between entities under common control is a lease. If the arrangement is determined to be a lease, an entity must classify and account for the lease on the same basis as an arrangement with a related party (on the basis of legally enforceable terms and conditions). Effective Date January 1, 2024 Effect on the Consolidated Financial Statements The Corporation adopted the ASU on January 1, 2024 and it did not have a material effect on the Corporation's financial statements. ASU 2023-02, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method Description This ASU permits reporting entities to elect to account for their tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. Effective Date January 1, 2024 Effect on the Consolidated Financial Statements The Corporation adopted the ASU on January 1, 2024 and it did not have a material effect on the Corporation's financial statements. Recently issued but not yet effective accounting standards ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures Description This ASU is intended to improve the transparency of income tax disclosures by requiring consistent categories and greater disaggregation of information in the rate reconciliation table and income taxes paid to be disaggregated by jurisdiction. It also includes certain amendments to improve the effectiveness of income tax disclosures. Effective Date January 1, 2025 Effect on the Consolidated Financial Statements The ASU is not expected to have an impact on the Corporation's financial statements. ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures Description This ASU is intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. Effective Date Fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Effect on the Consolidated Financial Statements The Corporation is currently evaluating the impact the ASU will have on its consolidated financial statements. ASU 2023-01, Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative Description This ASU incorporates certain U.S. Securities and Exchange Commission (SEC) disclosure requirements into the FASB Accounting Standards Codification. The amendments in the ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics, allow users to more easily compare entities subject to the SEC's existing disclosures with those entities that were not previously subject to the requirement, and align the requirements in the Codification with the SEC's regulations. Effective Date The effective date for each amendment will be the date on which the SEC's removal of that related disclosure from Regulation S-X or Regulation S-K becomes effective, with early adoption prohibited. Effect on the Consolidated Financial Statements The ASU is not expected to have an impact on the Corporation's financial statements.

Basis Of Presentation (Tables)

Basis Of Presentation (Tables)	6 Months Ended
	Jun. 30, 2024
Basis Of Presentation [Abstract]
Schedule Of Earnings Per Share, Basic And Diluted	For the Three Months Ended For the Six Months Ended June 30, June 30, (Dollars and shares in thousands, except per share data) 2024 2023 2024 2023 Weighted average shares outstanding (basic) 4,555 4,380 4,465 4,388 Impact of common stock equivalents 7 8 8 13 Weighted average shares outstanding (diluted) 4,562 4,388 4,473 4,401 Anti-dilutive options excluded from calculation — 74 — 25 Net income $ 3,033 $ 2,976 $ 6,394 $ 6,268 Basic earnings per share $ 0.67 $ 0.68 $ 1.43 $ 1.43 Diluted earnings per share $ 0.66 $ 0.68 $ 1.43 $ 1.42

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2024
Accumulated Other Comprehensive Loss [Abstract]
Schedule Of Accumulated Other Comprehensive Income (Loss)	June 30, December 31, (Dollars in thousands) 2024 2023 Net unrealized losses on debt securities $ ( 49,342 ) $ ( 49,416 ) Tax effect 10,362 10,377 Net of tax amount $ ( 38,980 ) $ ( 39,039 ) Accumulated pension adjustment $ ( 2,406 ) $ ( 2,406 ) Tax effect 505 505 Net of tax amount $ ( 1,901 ) $ ( 1,901 ) Total accumulated other comprehensive (loss) $ ( 40,881 ) $ ( 40,940 )

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2024
Investments [Abstract]
Unrealized Gain (Loss) On Investments	(Dollars in thousands) Gross Gross Amortized unrealized unrealized Fair June 30, 2024 cost gains losses Value U.S. Treasury $ 83,139 $ — $ ( 10,119 ) $ 73,020 Municipal 158,445 — ( 23,744 ) 134,701 Corporate 26,346 — ( 2,658 ) 23,688 Agency mortgage & asset-backed 133,119 187 ( 9,523 ) 123,783 Non-Agency mortgage & asset-backed 102,758 34 ( 3,519 ) 99,273 Total $ 503,807 $ 221 $ ( 49,563 ) $ 454,465 (Dollars in thousands) Gross Gross Amortized unrealized unrealized Fair December 31, 2023 cost gains losses value U.S. Treasury $ 83,494 $ — $ ( 9,403 ) $ 74,091 Municipal 161,339 — ( 22,721 ) 138,618 Corporate 26,336 — ( 3,138 ) 23,198 Agency mortgage & asset-backed 142,565 90 ( 10,064 ) 132,591 Non-Agency mortgage & asset-backed 108,185 48 ( 4,228 ) 104,005 Total $ 521,919 $ 138 $ ( 49,554 ) $ 472,503
Amortized Cost And Fair Value Of Debt Securities, By Contractual Maturity	(Dollars in thousands) Amortized cost Fair value Due in one year or less $ — $ — Due after one year through five years 85,160 75,619 Due after five years through ten years 80,052 69,302 Due after ten years 102,718 86,488 267,930 231,409 Mortgage & asset-backed 235,877 223,056 $ 503,807 $ 454,465
Composition Of Net Realized Securities Gains (Losses)	For the Three Months Ended For the Six Months Ended June 30, June 30, (Dollars in thousands) 2024 2023 2024 2023 Proceeds $ — $ 7,262 $ — $ 40,117 Gross gains realized $ — $ — $ — $ 12 Gross losses realized — ( 517 ) — ( 1,131 ) Net (losses) gains realized $ — $ ( 517 ) $ — $ ( 1,119 ) Tax benefit (provision) on net (losses) gains realized $ — $ 109 $ — $ 235
Schedule Of Unrealized Loss On Investments	June 30, 2024 Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Losses Count Value Losses Count Value Losses Count U.S. Treasury $ — $ — — $ 73,020 $ ( 10,119 ) 226 $ 73,020 $ ( 10,119 ) 226 Municipal — — — 134,701 ( 23,744 ) 50 134,701 ( 23,744 ) 50 Corporate 978 ( 5 ) 1 22,710 ( 2,653 ) 166 23,688 ( 2,658 ) 167 Agency mortgage & asset-backed 745 ( 10 ) 4 108,925 ( 9,513 ) 57 109,670 ( 9,523 ) 61 Non-Agency mortgage & asset-backed 38,658 ( 194 ) 19 57,302 ( 3,325 ) 28 95,960 ( 3,519 ) 47 Total temporarily impaired $ 40,381 $ ( 209 ) 24 $ 396,658 $ ( 49,354 ) 527 $ 437,039 $ ( 49,563 ) 551 December 31, 2023 Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Losses Count Value Losses Count Value Losses Count U.S. Treasury $ — $ — — $ 74,091 $ ( 9,403 ) 28 $ 74,091 $ ( 9,403 ) 28 Municipal — — — 138,618 ( 22,721 ) 168 138,618 ( 22,721 ) 168 Corporate 1,483 ( 167 ) 5 21,715 ( 2,971 ) 46 23,198 ( 3,138 ) 51 Agency mortgage & asset-backed 6,227 ( 186 ) 19 118,053 ( 9,878 ) 223 124,280 ( 10,064 ) 242 Non-Agency mortgage & asset-backed 47,928 ( 560 ) 19 50,071 ( 3,668 ) 56 97,999 ( 4,228 ) 75 Total temporarily impaired $ 55,638 $ ( 913 ) 43 $ 402,548 $ ( 48,641 ) 521 $ 458,186 $ ( 49,554 ) 564

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2024
Loans [Abstract]
Schedule Of Loans Outstanding	June 30, December 31, (Dollars in thousands) 2024 2023 Residential Real Estate 1-4 Family Consumer first liens $ 159,806 $ 142,017 Commercial first lien 61,032 63,271 Total first liens 220,838 205,288 Consumer junior liens and lines of credit 70,256 68,752 Commercial junior liens and lines of credit 5,296 3,809 Total junior liens and lines of credit 75,552 72,561 Total residential real estate 1-4 family 296,390 277,849 Residential real estate - construction Consumer 15,804 13,837 Commercial 11,466 12,063 Total residential real estate construction 27,270 25,900 Commercial real estate 743,642 703,767 Commercial 243,628 242,654 Total commercial 987,270 946,421 Consumer 7,390 6,815 1,318,320 1,256,985 Less: Allowance for credit losses ( 17,018 ) ( 16,052 ) Net Loans $ 1,301,302 $ 1,240,933 Included in the loan balances are the following: Net unamortized deferred loan costs $ 1,829 $ 1,615 Loans pledged as collateral for borrowings and commitments from: FHLB $ 737,601 $ 699,527 Federal Reserve Bank 77,268 83,482 $ 814,869 $ 783,009 Paycheck Protection Program (included in commercial loans) $ 25 $ 57

Loan Quality And Allowance Fo_2

Loan Quality And Allowance For Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2024
Loan Quality And Allowance For Credit Losses [Abstract]
Schedule of loans by Year of origination and Internally Assigned Risk Ratings	(Dollars in thousands) Revolving Revolving Term Loans Loans Loans Amortized Cost Basis by Origination Year Amortized Converted As of June 30, 2024 2024 2023 2022 2021 2020 Prior Cost Basis to Term Total Residential real estate 1-4 family: Commercial: Risk rating: Pass (1-5) $ 2,903 $ 9,737 $ 8,484 $ 10,766 $ 9,189 $ 21,759 $ 3,490 $ — $ 66,328 OAEM (6) — — — — — — — — — Substandard (7) — — — — — — — — — Doubtful (8) — — — — — — — — — Total Commercial 2,903 9,737 8,484 10,766 9,189 21,759 3,490 — 66,328 Consumer: Performing 18,756 56,876 32,537 14,674 9,621 29,538 47,035 19,816 228,853 Nonperforming — — 106 280 — 436 387 — 1,209 Total Consumer 18,756 56,876 32,643 14,954 9,621 29,974 47,422 19,816 230,062 Total $ 21,659 $ 66,613 $ 41,127 $ 25,720 $ 18,810 $ 51,733 $ 50,912 $ 19,816 $ 296,390 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Residential real estate construction: Commercial: Risk rating: Pass (1-5) $ 1,980 $ 6,128 $ 1,059 $ 1,071 $ 184 $ 1,044 $ — $ — $ 11,466 OAEM (6) — — — — — — — — — Substandard (7) — — — — — — — — — Doubtful (8) — — — — — — — — — Total Commercial 1,980 6,128 1,059 1,071 184 1,044 — — 11,466 Consumer: Performing 4,811 10,993 — — — — — — 15,804 Nonperforming — — — — — — — — — Total Consumer 4,811 10,993 — — — — — — 15,804 Total $ 6,791 $ 17,121 $ 1,059 $ 1,071 $ 184 $ 1,044 $ — $ — $ 27,270 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate: Risk rating: Pass (1-5) $ 31,739 $ 205,456 $ 105,602 $ 96,075 $ 34,467 $ 236,387 $ 9,962 $ — $ 719,688 OAEM (6) — 2,927 1,794 1,722 6,732 1,646 594 — 15,415 Substandard (7) — 6,004 — — — 2,535 — — 8,539 Doubtful (8) — — — — — — — — — Total $ 31,739 $ 214,387 $ 107,396 $ 97,797 $ 41,199 $ 240,568 $ 10,556 $ — $ 743,642 Current period gross charge-offs $ — $ — $ — $ — $ — $ ( 2 ) $ — $ — $ ( 2 ) Commercial: Risk rating: Pass (1-5) $ 8,962 $ 30,446 $ 30,653 $ 41,822 $ 20,944 $ 65,039 $ 43,050 $ — $ 240,916 OAEM (6) — 12 448 1,586 14 — 240 — 2,300 Substandard (7) — — 215 — 1 — 196 — 412 Doubtful (8) — — — — — — — — — Total $ 8,962 $ 30,458 $ 31,316 $ 43,408 $ 20,959 $ 65,039 $ 43,486 $ — $ 243,628 Current period gross charge-offs $ ( 7 ) $ — $ ( 80 ) $ — $ — $ — $ ( 62 ) $ — $ ( 149 ) Consumer: Performing 1,491 1,401 509 1,836 82 48 1,977 — 7,344 Nonperforming — 23 — — 2 — 21 — 46 Total $ 1,491 $ 1,424 $ 509 $ 1,836 $ 84 $ 48 $ 1,998 $ — $ 7,390 Current period gross charge-offs $ ( 21 ) $ — $ ( 2 ) $ ( 2 ) $ ( 6 ) $ ( 1 ) $ ( 14 ) $ — $ ( 46 ) (Dollars in thousands) Revolving Revolving Term Loans Loans Loans Amortized Cost Basis by Origination Year Amortized Converted As of December 31, 2023 2023 2022 2021 2020 2019 Prior Cost Basis to Term Total Residential real estate 1-4 family: Commercial: Risk rating: Pass (1-5) $ 9,867 $ 9,088 $ 11,038 $ 9,691 $ 2,433 $ 22,906 $ 2,057 $ — $ 67,080 OAEM (6) — — — — — — — — — Substandard (7) — — — — — — — — — Doubtful (8) — — — — — — — — — Total Commercial 9,867 9,088 11,038 9,691 2,433 22,906 2,057 — 67,080 Consumer: Performing 53,128 34,136 15,625 10,245 5,222 28,423 43,968 20,022 210,769 Nonperforming — — — — — — — — — Total Consumer 53,128 34,136 15,625 10,245 5,222 28,423 43,968 20,022 210,769 Total $ 62,995 $ 43,224 $ 26,663 $ 19,936 $ 7,655 $ 51,329 $ 46,025 $ 20,022 $ 277,849 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Residential real estate construction: Commercial: Risk rating: Pass (1-5) $ 6,845 $ 2,209 $ 1,289 $ 214 $ — $ 1,506 $ — $ — $ 12,063 OAEM (6) — — — — — — — — — Substandard (7) — — — — — — — — — Doubtful (8) — — — — — — — — — Total Commercial 6,845 2,209 1,289 214 — 1,506 — — 12,063 Consumer: Performing 13,837 — — — — — — — 13,837 Nonperforming — — — — — — — — — Total Consumer 13,837 — — — — — — — 13,837 Total $ 20,682 $ 2,209 $ 1,289 $ 214 $ — $ 1,506 $ — $ — $ 25,900 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate: Risk rating: Pass (1-5) $ 180,052 $ 110,886 $ 98,540 $ 34,307 $ 38,603 $ 214,179 $ 10,567 $ — $ 687,134 OAEM (6) 2,955 1,350 1,000 6,823 — 2,182 139 — 14,449 Substandard (7) — — — — — 2,134 50 — 2,184 Doubtful (8) — — — — — — — — — Total $ 183,007 $ 112,236 $ 99,540 $ 41,130 $ 38,603 $ 218,495 $ 10,756 $ — $ 703,767 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial: Risk rating: Pass (1-5) $ 34,851 $ 33,983 $ 45,754 $ 22,847 $ 3,579 $ 64,542 $ 36,508 $ — $ 242,064 OAEM (6) — — — — — — — — — Substandard (7) — 317 — — — — 273 — 590 Doubtful (8) — — — — — — — — — Total $ 34,851 $ 34,300 $ 45,754 $ 22,847 $ 3,579 $ 64,542 $ 36,781 $ — $ 242,654 Current period gross charge-offs $ ( 125 ) $ — $ ( 130 ) $ — $ — $ — $ ( 50 ) $ — $ ( 305 ) Consumer: Performing 1,863 669 1,985 148 80 5 2,060 — 6,810 Nonperforming — — — — — — 5 — 5 Total $ 1,863 $ 669 $ 1,985 $ 148 $ 80 $ 5 $ 2,065 $ — $ 6,815 Current period gross charge-offs $ ( 63 ) $ — $ ( 10 ) $ ( 2 ) $ ( 6 ) $ — $ ( 36 ) $ — $ ( 117 )
Schedule of nonaccrual loans and loans past due over 90 days and still on accrual by class of loans	June 30, 2024 December 31, 2023 (Dollars in thousands) Nonaccrual and Loans Past Due Over 90 Days+ Nonaccrual and Loans Past Due Over 90 Days+ Loans Past Due Loans Past Due Nonaccrual Nonaccrual Over 90 Days Nonaccrual Nonaccrual Over 90 Days Without ACL With ACL Still Accruing Without ACL With ACL Still Accruing June 30, 2024 Residential Real Estate 1-4 Family First liens $ — $ — $ 41 $ — $ — $ — Junior liens and lines of credit — — 30 — — — Total — — 71 — — — Residential real estate - construction — — — — — — Commercial real estate 407 — — — — — Commercial 316 — 88 147 — — Consumer — — 6 — — 5 Total $ 723 $ — $ 165 $ 147 $ — $ 5
Aging Of Payments Of The Loan Portfolio	(Dollars in thousands) Loans Past Due Total Total 30-59 Days 60-89 Days 90 Days+ Past Due Current Loans June 30, 2024 Residential Real Estate 1-4 Family First liens $ — $ 799 $ 41 $ 840 $ 219,998 $ 220,838 Junior liens and lines of credit 339 — 30 369 75,183 75,552 Total 339 799 71 1,209 295,181 296,390 Residential real estate - construction — — — — 27,270 27,270 Commercial real estate 356 854 407 1,617 742,025 743,642 Commercial 193 — 404 597 243,031 243,628 Consumer 37 3 6 46 7,344 7,390 Total $ 925 $ 1,656 $ 888 $ 3,469 $ 1,314,851 $ 1,318,320 Loans Past Due Total Total 30-59 Days 60-89 Days 90 Days+ Past Due Current Loans December 31, 2023 Residential Real Estate 1-4 Family First liens $ 62 $ 394 $ — $ 456 $ 204,832 $ 205,288 Junior liens and lines of credit 239 228 — 467 72,094 72,561 Total 301 622 — 923 276,926 277,849 Residential real estate - construction — — — — 25,900 25,900 Commercial real estate 3,232 — — 3,232 700,535 703,767 Commercial 542 112 147 801 241,853 242,654 Consumer 21 12 5 38 6,777 6,815 Total $ 4,096 $ 746 $ 152 $ 4,994 $ 1,251,991 $ 1,256,985
Allowance for Credit Losses (ACL), By Loan Segment	Residential Real Estate 1-4 Family First Junior Liens & Commercial (Dollars in thousands) Liens Lines of Credit Construction Real Estate Commercial Consumer Unallocated Total ACL at March 31, 2024 $ 1,308 $ 415 $ 337 $ 11,057 $ 3,324 $ 92 $ — $ 16,533 Charge-offs — — — — ( 83 ) ( 18 ) — ( 101 ) Recoveries — — 3 — 20 3 — 26 Provision 76 14 ( 22 ) 366 103 23 — 560 ACL at June 30, 2024 $ 1,384 $ 429 $ 318 $ 11,423 $ 3,364 $ 100 $ — $ 17,018 ACL at December 31, 2023 $ 1,296 $ 419 $ 296 $ 10,657 $ 3,290 $ 94 $ — $ 16,052 Charge-offs — — — ( 2 ) ( 149 ) ( 46 ) — ( 197 ) Recoveries — — 7 — 80 26 — 113 Provision 88 10 15 768 143 26 — 1,050 ACL at June 30, 2024 $ 1,384 $ 429 $ 318 $ 11,423 $ 3,364 $ 100 $ — $ 17,018 ACL at March 31, 2023 $ 1,624 $ 690 $ 190 $ 8,236 $ 3,275 $ 94 $ — $ 14,109 Charge-offs — — — — ( 1 ) ( 42 ) — ( 43 ) Recoveries — — 3 — 12 10 — 25 Provision 96 ( 7 ) ( 16 ) 847 ( 432 ) 36 — 524 ACL at June 30, 2023 $ 1,720 $ 683 $ 177 $ 9,083 $ 2,854 $ 98 $ — $ 14,615 ACL at December 31, 2022 $ 459 $ 234 $ 343 $ 7,493 $ 4,846 $ 133 $ 667 $ 14,175 Impact of adopting ASU 2016-13 1,096 493 ( 95 ) 584 ( 1,907 ) ( 40 ) ( 667 ) ( 536 ) Charge-offs — — — — ( 87 ) ( 76 ) — ( 163 ) Recoveries 2 — 42 — 79 25 — 148 Provision 163 ( 44 ) ( 113 ) 1,006 ( 77 ) 56 — 991 ACL at June 30, 2023 $ 1,720 $ 683 $ 177 $ 9,083 $ 2,854 $ 98 $ — $ 14,615

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Schedule Of Lease Costs	Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2024 2023 2024 2023 Operating lease cost $ 195 $ 212 $ 389 $ 429 Short-term lease cost 1 4 2 8 Variable lease cost 37 37 87 74 Total lease cost $ 233 $ 253 $ 478 $ 511
Schedule Of Measurement Of Lease Liabilities	Six Months Ended June 30, (Dollars in thousands) 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 379 $ 413 Weighted-average remaining lease term (years) 11.7 11.9 Weighted-average discount rate 3.43 % 3.37 %
Schedule Of Future Minimum Payments Operating Leases	(Dollars in thousands) 2024 $ 354 2025 666 2026 564 2027 421 2028 393 2029 and beyond 3,205 Undiscounted cash flow 5,603 Imputed Interest ( 1,076 ) Total lease liability $ 4,527

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2024
Derivatives [Abstract]
Schedule Of Fair Value Of Derivative Instruments	Fair Value of Derivative Instruments Derivative Liabilities (Dollars in thousands) June 30, 2024 December 31, 2023 Notional amount Balance Sheet Location Fair Value Notional amount Balance Sheet Location Fair Value Derivatives not designated as hedging instruments Other Contracts $ 6,167 Other Liabilities $ — $ 6,268 Other Liabilities $ 2 Total derivatives not designated as hedging instruments $ — $ 2
Schedule Of Effect Of Derivative Instruments On The Statement Of Income	Effect of Derivatives as Hedging Instruments on the Income Statement Derivatives Not Designated as Hedging Instruments under Subtopic 815-20 Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Recognized in Income on Derivatives (Dollars in thousands) Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Other Contracts Other income $ - $ 2 $ 1 $ -

Pension (Tables)

Pension (Tables)	6 Months Ended
	Jun. 30, 2024
Pension [Abstract]
Schedule Of Net Periodic Pension Costs	Three Months Ended Six Months Ended June 30, June 30, (Dollars in thousands) 2024 2023 2024 2023 Components of net periodic cost: Service cost $ 56 $ 53 $ 103 $ 108 Interest cost 193 202 381 403 Expected return on plan assets ( 215 ) ( 231 ) ( 432 ) ( 462 ) Recognized net actuarial loss 15 — 15 — Total pension expense $ 49 $ 24 $ 67 $ 49

Fair Value Measurements And F_2

Fair Value Measurements And Fair Values Of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]
Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis	(Dollars in thousands) Fair Value at June 30, 2024 Asset Description Level 1 Level 2 Level 3 Total Equity securities, at fair value $ 352 $ — $ — $ 352 Available for sale: U.S. Treasury 73,020 — — 73,020 Municipal — 134,701 — 134,701 Corporate — 23,688 — 23,688 Agency mortgage & asset-backed — 123,783 — 123,783 Non-Agency mortgage & asset-backed — 99,273 — 99,273 Total assets $ 73,372 $ 381,445 $ — $ 454,817 (Dollars in thousands) Fair Value at December 31, 2023 Asset Description Level 1 Level 2 Level 3 Total Equity securities, at fair value $ 427 $ — $ — $ 427 Available for sale: U.S. Treasury 74,091 — — 74,091 Municipal — 138,618 — 138,618 Corporate — 23,198 — 23,198 Agency mortgage and asset-backed — 132,591 — 132,591 Non-Agency mortgage and asset-backed — 104,005 — 104,005 Total assets $ 74,518 $ 398,412 $ — $ 472,930
Fair Value, By Balance Sheet Grouping	June 30, 2024 Carrying Fair (Dollars in thousands) Amount Value Level 1 Level 2 Level 3 Financial assets, carried at cost: Cash and cash equivalents $ 179,727 $ 179,727 $ 179,727 $ — $ — Long-term interest-earning deposits in other banks 1,994 1,994 1,994 — — Loans held for sale 932 947 — 947 — Net loans 1,301,302 1,259,496 — — 1,259,496 Accrued interest receivable 7,515 7,515 — — 7,515 Financial liabilities: Deposits $ 1,586,458 $ 1,585,810 $ — $ 1,585,810 $ — Federal Reserve Bank borrowings 40,000 39,891 39,891 FHLB advances 240,000 239,310 — 239,310 — Subordinate notes 19,680 17,474 — 17,474 — Accrued interest payable 4,735 4,735 — 4,735 — December 31, 2023 Carrying Fair (Dollars in thousands) Amount Value Level 1 Level 2 Level 3 Financial assets, carried at cost: Cash and cash equivalents $ 23,140 $ 23,140 $ 23,140 $ — $ — Long-term interest-earning deposits in other banks 6,229 6,229 6,229 — — Loans held for sale 213 213 — 213 — Net loans 1,240,933 1,207,403 — — 1,207,403 Accrued interest receivable 7,506 7,506 — — 7,506 Financial liabilities: Deposits $ 1,537,978 $ 1,537,480 $ — $ 1,537,480 $ — Federal Reserve Bank Borrowings 90,000 89,783 89,783 FHLB Advances 40,000 40,110 40,110 Subordinate notes 19,661 18,303 — 18,303 — Accrued interest payable 3,856 3,856 — 3,856 —

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2024
Deposits [Abstract]
Schedule Of Deposits	June 30, December 31, (Dollars in thousands) 2024 2023 Noninterest-bearing checking $ 282,964 $ 273,050 Interest-bearing checking 401,174 454,517 Money management 616,928 572,058 Savings 101,712 105,907 Total interest-bearing checking and savings 1,119,814 1,132,482 Time deposits 183,680 132,446 Total deposits $ 1,586,458 $ 1,537,978 Overdrawn deposit accounts reclassified as loans $ 660 $ 160

Capital Ratios (Tables)

Capital Ratios (Tables)	6 Months Ended
	Jun. 30, 2024
Capital Ratios [Abstract]
Schedule Of The Total Risk-based, Tier 1 Risk-based And Tier 1 Leverage Requirements	Regulatory Ratios Adequately Well June 30, December 31, Capitalized Capitalized (Dollars in thousands) 2024 2023 Minimum Minimum Common Equity Tier 1 Risk-based Capital Ratio (1) Franklin Financial Services Corporation 12.01 % 11.82 % N/A N/A Farmers & Merchants Trust Company 12.27 % 12.38 % 4.50 % 6.50 % Tier 1 Risk-based Capital Ratio (2) Franklin Financial Services Corporation 12.01 % 11.82 % N/A N/A Farmers & Merchants Trust Company 12.27 % 12.38 % 6.00 % 8.00 % Total Risk-based Capital Ratio (3) Franklin Financial Services Corporation 14.66 % 14.45 % N/A N/A Farmers & Merchants Trust Company 13.52 % 13.63 % 8.00 % 10.00 % Tier 1 Leverage Ratio (4) Franklin Financial Services Corporation 8.38 % 9.01 % N/A N/A Farmers & Merchants Trust Company 8.56 % 9.44 % 4.00 % 5.00 % (1) Common equity Tier 1 capital / total risk-weighted assets (2) Tier 1 capital / total risk-weighted assets (3) Total risk-based capital / total risk-weighted assets (4) Tier 1 capital / average quarterly assets

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2024
Revenue Recognition [Abstract]
Schedule of Wealth Management Fees	For the Three Months Ended For the Six Months Ended (Dollars in thousands) June 30, June 30, Wealth Management Fees 2024 2023 2024 2023 Asset Management Fees $ 2,051 $ 1,844 $ 3,884 $ 3,481 Estate Management Fees 128 61 215 152 Commissions 63 54 170 160 Total $ 2,242 $ 1,959 $ 4,269 $ 3,793

Commitments And Contingencies (

Commitments And Contingencies (Tables)	6 Months Ended
	Jun. 30, 2024
Commitments And Contingencies [Abstract]
Outstanding Commitments	June 30, December 31, (Dollars in thousands) 2024 2023 Financial instruments whose contract amounts represent credit risk Commercial commitments to extend credit $ 320,735 $ 325,982 Consumer commitments to extend credit (secured) 126,387 112,157 Consumer commitments to extend credit (unsecured) 6,366 5,964 $ 453,488 $ 444,103 Standby letters of credit $ 21,538 $ 19,851 ACL - Unfunded Commitments (1) $ 1,970 $ 2,022 (1) Reported in Other Liabilities on the Consolidated Balance Sheets

Basis Of Presentation (Narrativ

Basis Of Presentation (Narrative) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Basis Of Presentation [Abstract]
Weighted average shares outstanding (basic)	4,555	4,380	4,465	4,388
Impact of common stock equivalents	7	8	8	13
Weighted average shares outstanding (diluted)	4,562	4,388	4,473	4,401
Anti-dilutive options excluded from calculation		74		25
Net income	$ 3,033	$ 2,976	$ 6,394	$ 6,268
Basic earnings per share	$ 0.67	$ 0.68	$ 1.43	$ 1.43
Diluted earnings per share	$ 0.66	$ 0.68	$ 1.43	$ 1.42

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Schedule Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total accumulated other comprehensive (loss)	$ (40,881)	$ (40,940)
Accumulated Other Comprehensive Loss, Debt Securities [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive loss, Before tax	(49,342)	(49,416)
Accumulated other comprehensive loss, Tax effect	10,362	10,377
Total accumulated other comprehensive (loss)	(38,980)	(39,039)
Accumulated Other Comprehensive Loss, Pension [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive loss, Before tax	(2,406)	(2,406)
Accumulated other comprehensive loss, Tax effect	505	505
Total accumulated other comprehensive (loss)	$ (1,901)	$ (1,901)

Investments (Narrative) (Detail

Investments (Narrative) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($) security item	Dec. 31, 2023 USD ($) security
Schedule of Available-for-sale Securities [Line Items]
Fair value	$ 454,465	$ 472,503
Number of investments in a single issuer exceeds 10% of shareholders' equity | item	0
Percent of shareholders equity benchmark for investments in a single issuer	10%
Number of debt securities | security	551	564
Fair value of temporarily impaired securities	$ 437,039	$ 458,186
Unrealized Losses	49,563	49,554
Equity securities	352	427
Corporate [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value	$ 23,688	$ 23,198
Number of debt securities | security	167	51
Fair value of temporarily impaired securities	$ 23,688	$ 23,198
Unrealized Losses	2,658	3,138
Public Funds And Trust Deposits [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair value	$ 231,000	$ 207,400
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of equity investments | item	1

Investments (Unrealized Gain (L

Investments (Unrealized Gain (Loss) On Investments) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	$ 503,807	$ 521,919
Gross unrealized gains	221	138
Gross unrealized losses	(49,563)	(49,554)
Fair value	454,465	472,503
U.S Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	83,139	83,494
Gross unrealized losses	(10,119)	(9,403)
Fair value	73,020	74,091
Municipal [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	158,445	161,339
Gross unrealized losses	(23,744)	(22,721)
Fair value	134,701	138,618
Corporate [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	26,346	26,336
Gross unrealized losses	(2,658)	(3,138)
Fair value	23,688	23,198
Agency Mortgage & Asset-Backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	133,119	142,565
Gross unrealized gains	187	90
Gross unrealized losses	(9,523)	(10,064)
Fair value	123,783	132,591
Non-Agency Mortgage & Asset-Backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	102,758	108,185
Gross unrealized gains	34	48
Gross unrealized losses	(3,519)	(4,228)
Fair value	$ 99,273	$ 104,005

Investments (Amortized Cost And

Investments (Amortized Cost And Fair Value Of Debt Securities, By Contractual Maturity) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	$ 503,807	$ 521,919
Fair Value	454,465	$ 472,503
Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Due after one year through five years, Amortized cost	85,160
Due after five years through ten years, Amortized cost	80,052
Due after ten years, Amortized cost	102,718
Amortized cost	267,930
Due after one year through five years, Fair value	75,619
Due after five years through ten years, Fair value	69,302
Due after ten years, Fair value	86,488
Fair Value	231,409
Mortgage And Asset-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Mortgage-backed securities, Amortized cost	235,877
Mortgage-backed securities, Fair value	$ 223,056

Investments (Composition Of Net

Investments (Composition Of Net Realized Securities Gains (Losses)) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023
Investments [Abstract]
Proceeds	$ 7,262	$ 40,117
Gross gains realized		12
Gross losses realized	(517)	(1,131)
Net (losses) gains realized	(517)	(1,119)
Tax benefit (provision) on net (losses) gains realized	$ 109	$ 235

Investments (Schedule Of Unreal

Investments (Schedule Of Unrealized Loss On Investments) (Details) $ in Thousands	Jun. 30, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months: Fair Value	$ 40,381	$ 55,638
Less than 12 months: Unrealized Losses	$ (209)	$ (913)
Less than 12 months: Count | security	24	43
12 months or more: Fair Value	$ 396,658	$ 402,548
12 months or more: Unrealized Losses	$ (49,354)	$ (48,641)
12 months or more: Count | security	527	521
Fair Value	$ 437,039	$ 458,186
Unrealized Losses	$ (49,563)	$ (49,554)
Count | security	551	564
U.S Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
12 months or more: Fair Value	$ 73,020	$ 74,091
12 months or more: Unrealized Losses	$ (10,119)	$ (9,403)
12 months or more: Count | security	226	28
Fair Value	$ 73,020	$ 74,091
Unrealized Losses	$ (10,119)	$ (9,403)
Count | security	226	28
Municipal [Member]
Schedule of Available-for-sale Securities [Line Items]
12 months or more: Fair Value	$ 134,701	$ 138,618
12 months or more: Unrealized Losses	$ (23,744)	$ (22,721)
12 months or more: Count | security	50	168
Fair Value	$ 134,701	$ 138,618
Unrealized Losses	$ (23,744)	$ (22,721)
Count | security	50	168
Corporate [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months: Fair Value	$ 978	$ 1,483
Less than 12 months: Unrealized Losses	$ (5)	$ (167)
Less than 12 months: Count | security	1	5
12 months or more: Fair Value	$ 22,710	$ 21,715
12 months or more: Unrealized Losses	$ (2,653)	$ (2,971)
12 months or more: Count | security	166	46
Fair Value	$ 23,688	$ 23,198
Unrealized Losses	$ (2,658)	$ (3,138)
Count | security	167	51
Agency Mortgage & Asset-Backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months: Fair Value	$ 745	$ 6,227
Less than 12 months: Unrealized Losses	$ (10)	$ (186)
Less than 12 months: Count | security	4	19
12 months or more: Fair Value	$ 108,925	$ 118,053
12 months or more: Unrealized Losses	$ (9,513)	$ (9,878)
12 months or more: Count | security	57	223
Fair Value	$ 109,670	$ 124,280
Unrealized Losses	$ (9,523)	$ (10,064)
Count | security	61	242
Non-Agency Mortgage & Asset-Backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months: Fair Value	$ 38,658	$ 47,928
Less than 12 months: Unrealized Losses	$ (194)	$ (560)
Less than 12 months: Count | security	19	19
12 months or more: Fair Value	$ 57,302	$ 50,071
12 months or more: Unrealized Losses	$ (3,325)	$ (3,668)
12 months or more: Count | security	28	56
Fair Value	$ 95,960	$ 97,999
Unrealized Losses	$ (3,519)	$ (4,228)
Count | security	47	75

Loans (Narrative) (Details)

Loans (Narrative) (Details)	6 Months Ended
	Jun. 30, 2024
Financing Receivable, Allowance for Credit Losses [Line Items]
PPP Program, guarantee percentage	100%
PPP program, interest rate	1%
Minimum [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
PPP Program, maturity period	2 years
Maximum [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
PPP Program, maturity period	5 years

Loans (Schedule Of Loans Outsta

Loans (Schedule Of Loans Outstanding) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 1,318,320		$ 1,256,985
Less: Allowance for credit losses	(17,018)	$ (16,533)	(16,052)	$ (14,615)	$ (14,109)	$ (14,175)
Net Loans	1,301,302		1,240,933
Net unamortized deferred loan costs	1,829		1,615
Net loans	814,869		783,009
Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	296,390		277,849
Residential Real Estate - Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	27,270		25,900
Less: Allowance for credit losses	(318)	(337)	(296)	(177)	(190)	(343)
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	743,642		703,767
Less: Allowance for credit losses	(11,423)	(11,057)	(10,657)	(9,083)	(8,236)	(7,493)
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	243,628		242,654
Less: Allowance for credit losses	(3,364)	(3,324)	(3,290)	(2,854)	(3,275)	(4,846)
Total Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	987,270		946,421
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	7,390		6,815
Less: Allowance for credit losses	(100)	(92)	(94)	(98)	(94)	(133)
Consumer First Liens [Member] | Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	159,806		142,017
Consumer Junior Liens And Lines Of Credit [Member] | Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	70,256		68,752
Consumer [Member] | Residential Real Estate - Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	15,804		13,837
Commercial First Lien [Member] | Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	61,032		63,271
Commercial Junior Liens And Lines Of Credit [Member] | Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	5,296		3,809
Commercial [Member] | Residential Real Estate - Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	11,466		12,063
First Liens [Member] | Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	220,838		205,288
Less: Allowance for credit losses	(1,384)	$ (1,308)	(1,296)	$ (1,720)	$ (1,624)	$ (459)
Junior Lines And Lines Of Credit [Member] | Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	75,552		72,561
PPP [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	25		57
FHLB [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net loans	737,601		699,527
Federal Reserve Bank Borrowings [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net loans	$ 77,268		$ 83,482

Loan Quality And Allowance fo_3

Loan Quality And Allowance for Credit Losses (Narrative) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Allowance for Credit Losses [Line Items]
Loan deferrals or modifications	$ 0	$ 0
Loans modified	0	0
Collateral Dependent [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans		$ 0
Collateral Dependent [Member] | Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	407,000
Collateral Dependent [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans	$ 316,000

Loan Quality And Allowance fo_4

Loan Quality And Allowance for Credit Losses (Schedule Of Loans By Year Of Origination And Internally Assigned Risk Ratings) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Loans	$ 1,318,320		$ 1,318,320		$ 1,256,985
Current period gross charge-offs, Total	(101)	$ (43)	(197)	$ (163)
Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	21,659		21,659		62,995
Loans, One Year Before Current Fiscal Year	66,613		66,613		43,224
Loans, Two Years Before Current Fiscal Year	41,127		41,127		26,663
Loans, Three Years Before Current Fiscal Year	25,720		25,720		19,936
Loans, Four Years Before Current Fiscal Year	18,810		18,810		7,655
Prior	51,733		51,733		51,329
Revolving Loans Amortized Cost Basis	50,912		50,912		46,025
Revolving Loans Converted to Term	19,816		19,816		20,022
Total Loans	296,390		296,390		277,849
Residential Real Estate [Member] | First Liens [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Loans	220,838		220,838		205,288
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Loans	75,552		75,552		72,561
Residential Real Estate [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	2,903		2,903		9,867
Loans, One Year Before Current Fiscal Year	9,737		9,737		9,088
Loans, Two Years Before Current Fiscal Year	8,484		8,484		11,038
Loans, Three Years Before Current Fiscal Year	10,766		10,766		9,691
Loans, Four Years Before Current Fiscal Year	9,189		9,189		2,433
Prior	21,759		21,759		22,906
Revolving Loans Amortized Cost Basis	3,490		3,490		2,057
Total Loans	66,328		66,328		67,080
Residential Real Estate [Member] | Residential Real Estate Commercial [Member] | Pass [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	2,903		2,903		9,867
Loans, One Year Before Current Fiscal Year	9,737		9,737		9,088
Loans, Two Years Before Current Fiscal Year	8,484		8,484		11,038
Loans, Three Years Before Current Fiscal Year	10,766		10,766		9,691
Loans, Four Years Before Current Fiscal Year	9,189		9,189		2,433
Prior	21,759		21,759		22,906
Revolving Loans Amortized Cost Basis	3,490		3,490		2,057
Total Loans	66,328		66,328		67,080
Residential Real Estate [Member] | Residential Real Estate Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	18,756		18,756		53,128
Loans, One Year Before Current Fiscal Year	56,876		56,876		34,136
Loans, Two Years Before Current Fiscal Year	32,643		32,643		15,625
Loans, Three Years Before Current Fiscal Year	14,954		14,954		10,245
Loans, Four Years Before Current Fiscal Year	9,621		9,621		5,222
Prior	29,974		29,974		28,423
Revolving Loans Amortized Cost Basis	47,422		47,422		43,968
Revolving Loans Converted to Term	19,816		19,816		20,022
Total Loans	230,062		230,062		210,769
Residential Real Estate [Member] | Residential Real Estate Consumer [Member] | Performing [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	18,756		18,756		53,128
Loans, One Year Before Current Fiscal Year	56,876		56,876		34,136
Loans, Two Years Before Current Fiscal Year	32,537		32,537		15,625
Loans, Three Years Before Current Fiscal Year	14,674		14,674		10,245
Loans, Four Years Before Current Fiscal Year	9,621		9,621		5,222
Prior	29,538		29,538		28,423
Revolving Loans Amortized Cost Basis	47,035		47,035		43,968
Revolving Loans Converted to Term	19,816		19,816		20,022
Total Loans	228,853		228,853		210,769
Residential Real Estate [Member] | Residential Real Estate Consumer [Member] | Nonperforming [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Two Years Before Current Fiscal Year	106		106
Loans, Three Years Before Current Fiscal Year	280		280
Prior	436		436
Revolving Loans Amortized Cost Basis	387		387
Total Loans	1,209		1,209
Residential Real Estate - Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	6,791		6,791		20,682
Loans, One Year Before Current Fiscal Year	17,121		17,121		2,209
Loans, Two Years Before Current Fiscal Year	1,059		1,059		1,289
Loans, Three Years Before Current Fiscal Year	1,071		1,071		214
Loans, Four Years Before Current Fiscal Year	184		184
Prior	1,044		1,044		1,506
Total Loans	27,270		27,270		25,900
Residential Real Estate - Construction [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	1,980		1,980		6,845
Loans, One Year Before Current Fiscal Year	6,128		6,128		2,209
Loans, Two Years Before Current Fiscal Year	1,059		1,059		1,289
Loans, Three Years Before Current Fiscal Year	1,071		1,071		214
Loans, Four Years Before Current Fiscal Year	184		184
Prior	1,044		1,044		1,506
Total Loans	11,466		11,466		12,063
Residential Real Estate - Construction [Member] | Residential Real Estate Commercial [Member] | Pass [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	1,980		1,980		6,845
Loans, One Year Before Current Fiscal Year	6,128		6,128		2,209
Loans, Two Years Before Current Fiscal Year	1,059		1,059		1,289
Loans, Three Years Before Current Fiscal Year	1,071		1,071		214
Loans, Four Years Before Current Fiscal Year	184		184
Prior	1,044		1,044		1,506
Total Loans	11,466		11,466		12,063
Residential Real Estate - Construction [Member] | Residential Real Estate Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	4,811		4,811		13,837
Loans, One Year Before Current Fiscal Year	10,993		10,993
Total Loans	15,804		15,804		13,837
Residential Real Estate - Construction [Member] | Residential Real Estate Consumer [Member] | Performing [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	4,811		4,811		13,837
Loans, One Year Before Current Fiscal Year	10,993		10,993
Total Loans	15,804		15,804		13,837
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	31,739		31,739		183,007
Loans, One Year Before Current Fiscal Year	214,387		214,387		112,236
Loans, Two Years Before Current Fiscal Year	107,396		107,396		99,540
Loans, Three Years Before Current Fiscal Year	97,797		97,797		41,130
Loans, Four Years Before Current Fiscal Year	41,199		41,199		38,603
Prior	240,568		240,568		218,495
Revolving Loans Amortized Cost Basis	10,556		10,556		10,756
Total Loans	743,642		743,642		703,767
Loans Amortized Prior			(2)
Current period gross charge-offs, Total			(2)
Commercial Real Estate [Member] | Pass [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	31,739		31,739		180,052
Loans, One Year Before Current Fiscal Year	205,456		205,456		110,886
Loans, Two Years Before Current Fiscal Year	105,602		105,602		98,540
Loans, Three Years Before Current Fiscal Year	96,075		96,075		34,307
Loans, Four Years Before Current Fiscal Year	34,467		34,467		38,603
Prior	236,387		236,387		214,179
Revolving Loans Amortized Cost Basis	9,962		9,962		10,567
Total Loans	719,688		719,688		687,134
Commercial Real Estate [Member] | OAEM [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year					2,955
Loans, One Year Before Current Fiscal Year	2,927		2,927		1,350
Loans, Two Years Before Current Fiscal Year	1,794		1,794		1,000
Loans, Three Years Before Current Fiscal Year	1,722		1,722		6,823
Loans, Four Years Before Current Fiscal Year	6,732		6,732
Prior	1,646		1,646		2,182
Revolving Loans Amortized Cost Basis	594		594		139
Total Loans	15,415		15,415		14,449
Commercial Real Estate [Member] | Substandard [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, One Year Before Current Fiscal Year	6,004		6,004
Prior	2,535		2,535		2,134
Revolving Loans Amortized Cost Basis					50
Total Loans	8,539		8,539		2,184
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	8,962		8,962		34,851
Loans, One Year Before Current Fiscal Year	30,458		30,458		34,300
Loans, Two Years Before Current Fiscal Year	31,316		31,316		45,754
Loans, Three Years Before Current Fiscal Year	43,408		43,408		22,847
Loans, Four Years Before Current Fiscal Year	20,959		20,959		3,579
Prior	65,039		65,039		64,542
Revolving Loans Amortized Cost Basis	43,486		43,486		36,781
Total Loans	243,628		243,628		242,654
Current period gross charge-offs, 2024			(7)
Current period gross charge-offs, 2023					(125)
Current period gross charge-offs, 2022			(80)
Current period gross charge-offs, 2021					(130)
Current period gross charge-offs, Revolving loans amortized cost basis			(62)		(50)
Current period gross charge-offs, Total	(83)	(1)	(149)	(87)	(305)
Commercial [Member] | Pass [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	8,962		8,962		34,851
Loans, One Year Before Current Fiscal Year	30,446		30,446		33,983
Loans, Two Years Before Current Fiscal Year	30,653		30,653		45,754
Loans, Three Years Before Current Fiscal Year	41,822		41,822		22,847
Loans, Four Years Before Current Fiscal Year	20,944		20,944		3,579
Prior	65,039		65,039		64,542
Revolving Loans Amortized Cost Basis	43,050		43,050		36,508
Total Loans	240,916		240,916		242,064
Commercial [Member] | OAEM [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, One Year Before Current Fiscal Year	12		12
Loans, Two Years Before Current Fiscal Year	448		448
Loans, Three Years Before Current Fiscal Year	1,586		1,586
Loans, Four Years Before Current Fiscal Year	14		14
Revolving Loans Amortized Cost Basis	240		240
Total Loans	2,300		2,300
Commercial [Member] | Substandard [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, One Year Before Current Fiscal Year					317
Loans, Two Years Before Current Fiscal Year	215		215
Loans, Four Years Before Current Fiscal Year	1		1
Revolving Loans Amortized Cost Basis	196		196		273
Total Loans	412		412		590
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	1,491		1,491		1,863
Loans, One Year Before Current Fiscal Year	1,424		1,424		669
Loans, Two Years Before Current Fiscal Year	509		509		1,985
Loans, Three Years Before Current Fiscal Year	1,836		1,836		148
Loans, Four Years Before Current Fiscal Year	84		84		80
Prior	48		48		5
Revolving Loans Amortized Cost Basis	1,998		1,998		2,065
Total Loans	7,390		7,390		6,815
Current period gross charge-offs, 2024			(21)
Current period gross charge-offs, 2023					(63)
Current period gross charge-offs, 2022			(2)
Current period gross charge-offs, 2021			(2)		(10)
Current period gross charge-offs, 2020			(6)		(2)
Current period gross charge-offs, 2019					(6)
Loans Amortized Prior			(1)
Current period gross charge-offs, Revolving loans amortized cost basis			(14)		(36)
Current period gross charge-offs, Total	(18)	$ (42)	(46)	$ (76)	(117)
Consumer [Member] | Performing [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, Current Year	1,491		1,491		1,863
Loans, One Year Before Current Fiscal Year	1,401		1,401		669
Loans, Two Years Before Current Fiscal Year	509		509		1,985
Loans, Three Years Before Current Fiscal Year	1,836		1,836		148
Loans, Four Years Before Current Fiscal Year	82		82		80
Prior	48		48		5
Revolving Loans Amortized Cost Basis	1,977		1,977		2,060
Total Loans	7,344		7,344		6,810
Consumer [Member] | Nonperforming [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans, One Year Before Current Fiscal Year	23		23
Loans, Four Years Before Current Fiscal Year	2		2
Revolving Loans Amortized Cost Basis	21		21		5
Total Loans	$ 46		$ 46		$ 5

Loan Quality And Allowance Fo_5

Loan Quality And Allowance For Credit Losses (Schedule Of Nonaccrual Loans And Loans Past Due Over 90 Days And Still On Accrual By Class Of Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Impaired [Line Items]
Nonaccrual, without ACL	$ 723	$ 147
Loans past due 90 days or more and still accruing	165	5
Residential Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Loans past due 90 days or more and still accruing	71
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual, without ACL	407	147
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Nonaccrual, without ACL	316
Loans past due 90 days or more and still accruing	88
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Loans past due 90 days or more and still accruing	6	$ 5
First Liens [Member] | Residential Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Loans past due 90 days or more and still accruing	41
Junior Liens & Lines Of Credit [Member] | Residential Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Loans past due 90 days or more and still accruing	$ 30

Loan Quality And Allowance Fo_6

Loan Quality And Allowance For Credit Losses (Aging Of Payments Of The Loan Portfolio) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	$ 1,318,320	$ 1,256,985
Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	1,314,851	1,251,991
30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	925	4,096
60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	1,656	746
90 Days+ Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	888	152
Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	3,469	4,994
Residential Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	296,390	277,849
Residential Real Estate [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	295,181	276,926
Residential Real Estate [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	339	301
Residential Real Estate [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	799	622
Residential Real Estate [Member] | 90 Days+ Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	71
Residential Real Estate [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	1,209	923
Residential Real Estate [Member] | First Liens [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	220,838	205,288
Residential Real Estate [Member] | First Liens [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	219,998	204,832
Residential Real Estate [Member] | First Liens [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans		62
Residential Real Estate [Member] | First Liens [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	799	394
Residential Real Estate [Member] | First Liens [Member] | 90 Days+ Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	41
Residential Real Estate [Member] | First Liens [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	840	456
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	75,552	72,561
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	75,183	72,094
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	339	239
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans		228
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member] | 90 Days+ Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	30
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	369	467
Residential Real Estate - Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	27,270	25,900
Residential Real Estate - Construction [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	27,270	25,900
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	743,642	703,767
Commercial Real Estate [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	742,025	700,535
Commercial Real Estate [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	356	3,232
Commercial Real Estate [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	854
Commercial Real Estate [Member] | 90 Days+ Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	407
Commercial Real Estate [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	1,617	3,232
Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	243,628	242,654
Commercial [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	243,031	241,853
Commercial [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	193	542
Commercial [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans		112
Commercial [Member] | 90 Days+ Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	404	147
Commercial [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	597	801
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	7,390	6,815
Consumer [Member] | Current [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	7,344	6,777
Consumer [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	37	21
Consumer [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	3	12
Consumer [Member] | 90 Days+ Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	6	5
Consumer [Member] | Total Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	$ 46	$ 38

Loan Quality And Allowance Fo_7

Loan Quality And Allowance For Credit Losses (Allowance For Credit Losses (ACL), By Loan Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance	$ 16,533	$ 14,109	$ 16,052	$ 14,175	$ 14,175
Charge-offs	(101)	(43)	(197)	(163)
Recoveries	26	25	113	148
Provision	560	524	1,050	991
Allowance, Ending Balance	17,018	14,615	17,018	14,615	16,052
Total Loans	1,318,320		1,318,320		1,256,985
Total Allowance	17,018	14,615	17,018	14,615	16,052
Impact of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance				(536)	(536)
Total Allowance
Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Loans	296,390		296,390		277,849
Residential Real Estate - Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance	337	190	296	343	343
Recoveries	3	3	7	42
Provision	(22)	(16)	15	(113)
Allowance, Ending Balance	318	177	318	177	296
Total Loans	27,270		27,270		25,900
Total Allowance	318	177	318	177	296
Residential Real Estate - Construction [Member] | Impact of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance				(95)	(95)
Total Allowance
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance	11,057	8,236	10,657	7,493	7,493
Charge-offs			(2)
Provision	366	847	768	1,006
Allowance, Ending Balance	11,423	9,083	11,423	9,083	10,657
Total Loans	743,642		743,642		703,767
Total Allowance	11,423	9,083	11,423	9,083	10,657
Commercial Real Estate [Member] | Impact of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance				584	584
Total Allowance
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance	3,324	3,275	3,290	4,846	4,846
Charge-offs	(83)	(1)	(149)	(87)	(305)
Recoveries	20	12	80	79
Provision	103	(432)	143	(77)
Allowance, Ending Balance	3,364	2,854	3,364	2,854	3,290
Total Loans	243,628		243,628		242,654
Total Allowance	3,364	2,854	3,364	2,854	3,290
Commercial [Member] | Impact of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance				(1,907)	(1,907)
Total Allowance
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance	92	94	94	133	133
Charge-offs	(18)	(42)	(46)	(76)	(117)
Recoveries	3	10	26	25
Provision	23	36	26	56
Allowance, Ending Balance	100	98	100	98	94
Total Loans	7,390		7,390		6,815
Total Allowance	100	98	100	98	94
Consumer [Member] | Impact of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance				(40)	(40)
Total Allowance
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance				667	667
Total Allowance
Unallocated [Member] | Impact of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance				(667)	(667)
Total Allowance
First Liens [Member] | Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance	1,308	1,624	1,296	459	459
Recoveries				2
Provision	76	96	88	163
Allowance, Ending Balance	1,384	1,720	1,384	1,720	1,296
Total Loans	220,838		220,838		205,288
Total Allowance	1,384	1,720	1,384	1,720	1,296
First Liens [Member] | Residential Real Estate [Member] | Impact of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance				1,096	1,096
Total Allowance
Junior Liens & Lines Of Credit [Member] | Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance	415	690	419	234	234
Provision	14	(7)	10	(44)
Allowance, Ending Balance	429	683	429	683	419
Total Loans	75,552		75,552		72,561
Total Allowance	$ 429	$ 683	$ 429	683	419
Junior Liens & Lines Of Credit [Member] | Residential Real Estate [Member] | Impact of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, Beginning Balance				$ 493	$ 493
Total Allowance

Leases (Narrative) (Details)

Leases (Narrative) (Details)	6 Months Ended
	Jun. 30, 2024 item
Leases [Abstract]
Number of leases with a variable payment based on an index	1
Lessee, Operating Lease, Option to Extend	may contain renewal options after the initial term
Lessee, Operating Lease, Restriction or Covenant	None of the leases contain any restrictive covenants

Leases (Schedule Of Lease Costs

Leases (Schedule Of Lease Costs) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Leases [Abstract]
Operating lease cost	$ 195	$ 212	$ 389	$ 429
Short-term lease cost	1	4	2	8
Variable lease cost	37	37	87	74
Total lease cost	$ 233	$ 253	$ 478	$ 511

Leases (Schedule Of Measurement

Leases (Schedule Of Measurement Of Lease Liabilities) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Leases [Abstract]
Operating cash flows from operating leases	$ 379	$ 413
Weighted-average remaining lease term (years)	11 years 8 months 12 days	11 years 10 months 24 days
Weighted-average discount rate	3.43%	3.37%

Leases (Schedule Of Future Mini

Leases (Schedule Of Future Minimum Payments Operating Leases) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Leases [Abstract]
2024	$ 354
2025	666
2026	564
2027	421
2028	393
2029 and beyond	3,205
Undiscounted cash flow	5,603
Imputed Interest	(1,076)
Total lease liability	$ 4,527	$ 4,816

Other Real Estate Owned (Narrat

Other Real Estate Owned (Narrative) (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Other Real Estate Owned [Abstract]
Other real estate owned	$ 0	$ 0

Derivatives (Narrative) (Detail

Derivatives (Narrative) (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Derivatives [Abstract]
Derivative, net	$ 0

Derivatives (Schedule Of Fair V

Derivatives (Schedule Of Fair Value Of Derivative Instruments) (Details) - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Derivatives, Fair Value [Line Items]
Fair Value		$ 2
Other Contracts [Member]
Derivatives, Fair Value [Line Items]
Notional Amount	$ 6,167	6,268
Fair Value		$ 2

Derivatives (Schedule Of Effect

Derivatives (Schedule Of Effect Of Derivative Instruments On The Statement Of Income) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2024
Other Contracts [Member] | Other Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivatives	$ 2	$ 1

Pension (Narrative) (Details)

Pension (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pension [Abstract]
Service cost	$ 56	$ 53	$ 103	$ 108
Interest cost	193	202	381	403
Expected return on plan assets	(215)	(231)	(432)	(462)
Recognized net actuarial loss	15		15
Net periodic pension cost	$ 49	$ 24	$ 67	$ 49

Fair Value Measurements And F_3

Fair Value Measurements And Fair Values Of Financial Instruments (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Jun. 30, 2024	Dec. 31, 2023
Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]
Derivative liabilities		$ 0	$ 2,000
Assets, Fair Value Disclosure		0
Total liabilities		$ 0
Partial charge-offs on impaired loans	$ 0
Derivative Liability, Statement of Financial Position [Extensible Enumeration]		Other Liabilities	Other Liabilities

Fair Value Measurements And F_4

Fair Value Measurements And Fair Values Of Financial Instruments (Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities, at fair value	$ 352,000	$ 427,000
Available for sale	454,465,000	472,503,000
Total assets	0
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	454,817,000	472,930,000
Level 1 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	73,372,000	74,518,000
Level 2 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	381,445,000	398,412,000
Equity Securities [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities, at fair value	352,000	427,000
Equity Securities [Member] | Level 1 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities, at fair value	352,000	427,000
U.S Treasury [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	73,020,000	74,091,000
U.S Treasury [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	73,020,000	74,091,000
U.S Treasury [Member] | Level 1 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	73,020,000	74,091,000
Municipal [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	134,701,000	138,618,000
Municipal [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	134,701,000	138,618,000
Municipal [Member] | Level 2 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	134,701,000	138,618,000
Corporate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	23,688,000	23,198,000
Corporate [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	23,688,000	23,198,000
Corporate [Member] | Level 2 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	23,688,000	23,198,000
Agency Mortgage & Asset-Backed [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	123,783,000	132,591,000
Agency Mortgage & Asset-Backed [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	123,783,000	132,591,000
Agency Mortgage & Asset-Backed [Member] | Level 2 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	123,783,000	132,591,000
Non-Agency Mortgage & Asset-Backed [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	99,273,000	104,005,000
Non-Agency Mortgage & Asset-Backed [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	99,273,000	104,005,000
Non-Agency Mortgage & Asset-Backed [Member] | Level 2 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale	$ 99,273,000	$ 104,005,000

Fair Value Measurements And F_5

Fair Value Measurements And Fair Values Of Financial Instruments (Fair Value, By Balance Sheet Grouping) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net loans	$ 814,869	$ 783,009
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	179,727	23,140
Long-term interest-earning deposits in other banks	1,994	6,229
Loans held for sale	932	213
Net loans	1,301,302	1,240,933
Accrued interest receivable	7,515	7,506
Deposits	1,586,458	1,537,978
Federal Reserve Bank borrowings	40,000	90,000
FHLB advances	240,000	40,000
Subordinate notes	19,680	19,661
Accrued interest payable	4,735	3,856
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	179,727	23,140
Long-term interest-earning deposits in other banks	1,994	6,229
Loans held for sale	947	213
Net loans	1,259,496	1,207,403
Accrued interest receivable	7,515	7,506
Deposits	1,585,810	1,537,480
Federal Reserve Bank borrowings	39,891	89,783
FHLB advances	239,310	40,110
Subordinate notes	17,474	18,303
Accrued interest payable	4,735	3,856
Level 1 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	179,727	23,140
Long-term interest-earning deposits in other banks	1,994	6,229
Level 2 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans held for sale	947	213
Deposits	1,585,810	1,537,480
Federal Reserve Bank borrowings	39,891	89,783
FHLB advances	239,310	40,110
Subordinate notes	17,474	18,303
Accrued interest payable	4,735	3,856
Level 3 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Net loans	1,259,496	1,207,403
Accrued interest receivable	$ 7,515	$ 7,506

Deposits (Narrative) (Details)

Deposits (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Deposits [Abstract]
Time deposits greater than $250,000	$ 48.5	$ 44.4

Deposits (Schedule Of Deposits)

Deposits (Schedule Of Deposits) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Deposits [Abstract]
Noninterest-bearing checking	$ 282,964	$ 273,050
Interest-bearing checking	401,174	454,517
Money Management	616,928	572,058
Savings	101,712	105,907
Total interest-bearing checking and savings	1,119,814	1,132,482
Time deposits	183,680	132,446
Total deposits	1,586,458	1,537,978
Overdrawn deposit accounts reclassified as loans	$ 660	$ 160

Borrowings (Narrative) (Details

Borrowings (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Debt issuance costs	$ 320,000
Redemption period	5 years
Maturing September 1, 2030 [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Subordinate notes	$ 15,000
Maturing September 1, 2035 [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Subordinate notes	5,000
Through September 1, 2025 [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Subordinate notes	$ 15,000
Interest rate	5%
After September 1, 2025 [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Basis spread on variable rate	4.93%
Through September 1, 2030 [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Subordinate notes	$ 5,000
Interest rate	5.25%
After September 1, 2030 [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Basis spread on variable rate	4.92%
Subordinated Notes [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Debt	$ 19,680	$ 19,661
Subordinate notes	20,000
Federal Reserve Bank Borrowings [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Debt	40,000	90,000
Fair value of debt securities pledged	$ 44,100
Interest rate	4.81%
Federal Home Loan Bank (FHLB) Advances[Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Debt	$ 240,000	$ 40,000
Federal Home Loan Bank (FHLB) Advances, Short-Term [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Short-term borrowings	$ 40,000
Interest rate	5.80%
Federal Home Loan Bank (FHLB) Advances, Long-Term [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Long-term borrowings	$ 200,000
Interest rate	4.32%

Capital Ratios (Narrative) (Det

Capital Ratios (Narrative) (Details) - USD ($) $ in Billions	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2021
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital Ratios, Basel III, Capital Conservation Buffer, Year Three	2.50%
Community Bank Leverage Ratio, Minimum		9%
Consolidated asset limit on small bank holding companies	$ 3
Through September 1, 2025 [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5%
Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common Equity Tier 1 Risk-based Capital Ratio: Well Capitalized Minimum: Ratio	0.065
Tier 1 Risk-based Capital Ratio: Well Capitalized Minimum: Ratio	0.08
Tier 1 Leverage Ratio: Well Capitalized Minimum: Ratio	0.05
Total Risk-based Capital Ratio: Well Capitalized Minimum: Ratio	0.10
Capital ratios, capital conservation buffer	5.52%

Capital Ratios (Schedule Of The

Capital Ratios (Schedule Of The Total Risk-based, Tier 1 Risk-based And Tier 1 Leverage Requirements) (Details)	Jun. 30, 2024	Dec. 31, 2023
Franklin Financial Services Corporation [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common Equity Tier 1 Risk-based Capital Ratio: Ratio	0.1201	0.1182
Tier 1 Risk-based Capital Ratio: Ratio	0.1201	0.1182
Total Risk-based Capital Ratio: Ratio	0.1466	0.1445
Tier 1 Leverage Ratio: Ratio	0.0838	0.0901
Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common Equity Tier 1 Risk-based Capital Ratio: Ratio	0.1227	0.1238
Common Equity Tier 1 Risk-based Capital Ratio: Adequately Capitalized Minimum: Ratio	0.0450
Common Equity Tier 1 Risk-based Capital Ratio: Well Capitalized Minimum: Ratio	0.065
Tier 1 Risk-based Capital Ratio: Ratio	0.1227	0.1238
Tier 1 Risk-based Capital Ratio: Adequately Capitalized Minimum: Ratio	0.0600
Tier 1 Risk-based Capital Ratio: Well Capitalized Minimum: Ratio	0.08
Total Risk-based Capital Ratio: Ratio	0.1352	0.1363
Total Risk-based Capital Ratio: Adequately Capitalized Minimum: Ratio	0.0800
Total Risk-based Capital Ratio: Well Capitalized Minimum: Ratio	0.10
Tier 1 Leverage Ratio: Ratio	0.0856	0.0944
Tier 1 Leverage Ratio: Adequately Capitalized Minimum: Ratio	0.0400
Tier 1 Leverage Ratio: Well Capitalized Minimum: Ratio	0.05

Revenue Recognition (Schedule o

Revenue Recognition (Schedule of Wealth Management Fees) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Disaggregation of Revenue [Line Items]
Investment and trust services fees	$ 2,242	$ 1,959	$ 4,269	$ 3,793
Estate management services Fees recognition period			18 months
Asset Management Fees [Member]
Disaggregation of Revenue [Line Items]
Investment and trust services fees	2,051	1,844	$ 3,884	3,481
Estate Management Fees [Member]
Disaggregation of Revenue [Line Items]
Investment and trust services fees	128	61	215	152
Commissions [Member]
Disaggregation of Revenue [Line Items]
Investment and trust services fees	$ 63	$ 54	$ 170	$ 160

Commitments And Contingencies_2

Commitments And Contingencies (Narrative) (Details)	6 Months Ended
	Jun. 30, 2024
Commitments And Contingencies [Abstract]
Standby letters of credit extension period, in years	1 year

Commitments And Contingencies_3

Commitments And Contingencies (Outstanding Commitments) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Loss Contingencies [Line Items]
ALL, Ending Balance	$ 17,018	$ 16,533	$ 16,052	$ 14,615	$ 14,109	$ 14,175
Commercial Commitments To Extend Credit [Member]
Loss Contingencies [Line Items]
Commitments outstanding	320,735		325,982
Consumer Commitments To Extend Credit (Secured) [Member]
Loss Contingencies [Line Items]
Commitments outstanding	126,387		112,157
Consumer Commitments To Extend Credit (Unsecured) [Member]
Loss Contingencies [Line Items]
Commitments outstanding	6,366		5,964
Commitments To Extend Credit [Member]
Loss Contingencies [Line Items]
Commitments outstanding	453,488		444,103
Standby Letters of Credit [Member]
Loss Contingencies [Line Items]
Commitments outstanding	21,538		19,851
Unfunded Commitments [Member]
Loss Contingencies [Line Items]
ALL, Ending Balance	$ 1,970		$ 2,022

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false