Franklin Financial Services Corporation · NASDAQ:FRAF
Franklin Financial Services — Shareholder Meeting (May 2026)
46 slides from Franklin Financial Services's shareholder meeting presentation, May 4, 2026
Slide 1: Annual Meeting April 28, 2026
Corporate Headquarters – Chambersburg, PA Annual Meeting April 28, 2026 Franklin Financial Services Corporation F&M TRUST Stock Symbol: FRAF (Nasdaq)
Slide 2: Call to Order
Call to Order G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 3: Invocation
Invocation Pam Johns F&M TRUST Franklin Financial Services Corporation
Slide 4: Minutes of Last Meeting
Minutes of Last Meeting G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 5: Forward Looking Statements
Forward Looking Statements In order to help you to better understand the business of the Company – where we have been and where we want to go – my remarks today (and those of other Company officers who will speak or respond to questions) will include forward looking statements relating to anticipate
Slide 6: Introductions
Introductions G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 7: Board of Directors
Board of Directors G. Warren Elliott Chairman of the Board Craig W. Best CEO F&M TRUST Franklin Financial Services Corporation
Slide 8: Board of Directors
Board of Directors Martin R. Brown Kevin W. Craig Gregory A. Duffey F&M TRUST Franklin Financial Services Corporation
Slide 9: Board of Directors
Board of Directors Daniel J. Fisher Stanley J. Kerlin Donald H. Mowery F&M TRUST Franklin Financial Services Corporation
Slide 10: Board of Directors
Board of Directors Kimberly M. Rzomp Gregory I. Snook F&M TRUST Franklin Financial Services Corporation
Slide 11: Director Emeritus, Counsel and Auditors
Skip Jennings Director Emeritus Nick Bybel Partner, Bybel Rutledge LLP Zoe Clayton Assistant Corporate Secretary – Judge of Elections Allison Minnis Partner, Crowe LLP Ian Kandray Senior Manager, Crowe LLP F&M TRUST Franklin Financial Services Corporation
Slide 12: Chairman's Remarks
Chairman’s Remarks G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 13: G. Warren Elliott, Chairman of the Board
G. Warren Elliott Chairman of the Board F&M TRUST Franklin Financial Services Corporation
Slide 14: Celebrating Years
F&M TRUST Franklin Financial Services Corporation CELEBRATING 120 YEARS F&M TRUST Franklin Financial Services Corporation
Slide 15: F&M TRUST Franklin Financial Services Corporation
F&M TRUST Franklin Financial Services Corporation
Slide 16: F&M TRUST Franklin Financial Services Corporation
F&M TRUST Franklin Financial Services Corporation
Slide 17: F&M TRUST Franklin Financial Services Corporation
F&M TRUST Franklin Financial Services Corporation
Slide 18: Failure of 1,043 savings and loan associations 1986 to 1995
The failure of 1,043 of savings and loa ns associations from 1986 to 1995 F&M TRUST Franklin Financial Services Corporation
Slide 19: Mission Statement
Mission Statement Delivering the right financial solutions from people you know and trust. Vision We are committed to remaining independent by growing our bank to meet the increasing needs of our employees, customers, communities, and shareholders. We strive to be a financial services leader in the
Slide 20: Locations
23 Locations Serving South Central PA and Washington County MD Primary Trade Area Expanded Trade Area Offering Wealth Management, Commercial Financing, and Residential Lending Services F&M TRUST Franklin Financial Services Corporation
Slide 21: Charles (Chad) B. Carroll, Jr. President & COO
Charles (Chad) B. Carroll, Jr. President & COO F&M TRUST Franklin Financial Services Corporation
Slide 22: Craig W. Best CEO
Craig W. Best CEO F&M TRUST Franklin Financial Services Corporation
Slide 23: F&M TRUST
F&M TRUST
Slide 24: Election of Directors
Election of Directors G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 25: Director Nominees
Craig W. Best G. Warren Elliott Stanley J. Kerlin Kimberly M. Rzomp F&M TRUST Franklin Financial Services Corporation
Slide 26: Say-On-Pay Vote
Say-On-Pay Vote G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 27: Ratification of Auditors
Ratification of Auditors G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 28: Polls Open
Polls Open G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 29: Financial Overview
Financial Overview Mark R. Hollar, Chief Financial Officer F&M TRUST Franklin Financial Services Corporation
Slide 30: 2025 Financial Highlights
2025 Financial Highlights Dollars in Thousands (000’s), Except Per Share 2025 2024 Earnings and Profitability Earnings Per Share $4.74 $2.51 Net Income $21,226 $11,099 Net Interest Margin 3.25% 2.95% Return on Average Assets (ROA) 0.94% 0.54% Return on Average Equity (ROE) 13.55% 8.05% Dividends per
Slide 31: Diversified Loan Portfolio
Diversified Loan Portfolio Loans Outstanding1 $5,577 $6,406 $6,199 $6,815 $8,853 $9,657 $145,279 $140,669 $118,443 $115,018 $108,545 $101,958 $209,335 4.05% $212,705 3.86% $232,093 4.14% $291,686 5.16% $343,577 5.65% $397,995 5.84% $135,978 $103,874 $117,159 $127,636 $122,052 $123,541 $177,029 $165,
Slide 32: Deposits by Category
Deposits by Category $76,165 $74,253 $57,390 $132,446 $315,905 $224,323 $409,178 $511,969 $496,532 $454,517 $417,870 $431,843 $610,170 11.1% $699,734 9.0% $698,295 8.5% $677,965 8.9% $791,526 15.4% $869,355 13.1% $259,060 $298,403 $299,231 $273,050 $8,677 $290,346 $87,057 $310,251 $22,057 Non-Intere
Slide 33: Net Interest Income
Net Interest Income $41,961.00 $44,671.00 $51,586.00 $53,637.00 $57,514.00 $69,646.00 3.51% 3.06% 3.40% 4.70% 5.16% 5.31% 3.21% 2.88% 3.11% 3.31% 2.95% 3.25% 0.39% 0.24% 0.36% 1.75% 2.68% 2.50% 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 Net Interest Income Asset Yield Liabilit
Slide 34: Diversified Income
Diversified Income Non-Interest Income1 25.83% 29.46% 22.54% 22.57% 23.28% 21.59% $3,658.00 $5,392.00 $3,024.00 $3,610.00 $4,116.00 $4,430.00 $1,844.00 $2,170.00 $1,868.00 $2,157.00 $2,279.00 $2,370.00 $1,977.00 $2,258.00 $2,527.00 $2,492.00 $2,448.00 $2,535.00 $1,536.00 $2,430.00 $770.00 $199.00 $5
Slide 35: Wealth Management
Wealth Management $836,382.00 $946,975.00 $904,323.00 $1,094,779.00 $1,169,290.00 $1,273,421.00 $112,624.00 $60,060.00 $118,046.00 $100,457.00 $116,398.00 $147,454.00 $135,423.00 $217,891.00 $139,872.00 $109,604.00 $147,880.00 $153,866.00 As of 12/31/2020 As of 12/31/2021 As of 12/31/2022 As of 12/3
Slide 36: Shareholder Return
Shareholder Return $247.07 $225.82 $187.14 $185.24 Franklin Financial Services Corporation NASDAQ Composite Index S&P U.S. MBI Banks – Mid-Atlantic Region Index Peer Group Source: S&P Global Market Intelligence F&M TRUST Franklin Financial Services Corporation
Slide 37: Net Income and Dividend Trend
Net Income and Dividend Trend $3,922 $5,908 $5,354 $6,043 $6,637 $0.32 $0.33 $0.33 $0.33 $0.33 $0.34 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Net Income ($ 000’s) Dividen d (per share) F&M TRUST Franklin Financial Services Corporation
Slide 38: GAAP / Non-GAAP Reconciliation
GAAP / Non-GAAP Reconciliation 2025 2024 Tangible Book Value (Per Share) (Non-GAAP) Shareholders’ Equity $ 175,242 $ 144,716 Less Intangible Assets (9,016) (9,016) Shareholders’ Equity (Non-GAAP) $ 166,226 $ 135,700 Shares Outstanding (In Thousands) 4,481 4,427 Book Value Per Share $ 39.11 $ 32.69 T
Slide 39: CEO's Remarks
CEO’s Remarks Craig W. Best F&M TRUST Franklin Financial Services Corporation
Slide 40: Craig W. Best CEO
Craig W. Best CEO F&M TRUST Franklin Financial Services Corporation
Slide 41: Questions
Questions G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 42: Polls Closed
Polls Closed G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 43: Report by Judge of Election
Report by Judge of Election Zoe R. Clayton F&M TRUST Franklin Financial Services Corporation
Slide 44: Announcement
Announcement G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 45: Thank You
Thank You G. Warren Elliott F&M TRUST Franklin Financial Services Corporation
Slide 46: Meeting Adjourned
Meeting Adjourned Stock Symbol: FRAF (Nasdaq) www.franklinfin.com www.fmtrust.bank
Franklin Financial Services — Shareholder Meeting (May 2026) on 6ix