FRANKLIN FINANCIAL SERVICES CORP /PA/, 10-Q filed on 11/10/2025
Quarterly Report
v3.25.3
Document And Entity Information - shares
 9 Months Ended
Sep. 30, 2025
Oct. 31, 2025
Document And Entity Information [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Sep. 30, 2025  
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   4,479,037
Entity Central Index Key 0000723646  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q3  
Amendment Flag false  
v3.25.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 24,674 $ 19,848
Short-term interest-earning deposits in other banks 163,470 183,765
Total cash and cash equivalents 188,144 203,613
Long-term interest-earning deposits in other banks 999 1,499
Debt securities available for sale, at fair value 469,285 508,604
Equity securities   166
Restricted stock 8,894 8,775
Loans held for sale 1,420 2,470
Loans 1,563,867 1,398,077
Allowance for credit losses (20,352) (17,653)
Net Loans 1,543,515 1,380,424
Premises and equipment, net 28,370 29,039
Right of use asset 3,796 4,106
Bank owned life insurance 23,083 22,735
Goodwill 9,016 9,016
Deferred tax asset, net 8,252 10,831
Other assets 12,303 16,563
Total assets 2,297,077 2,197,841
Deposits    
Noninterest-bearing checking 311,925 290,346
Money management, savings, and interest checking 1,304,826 1,209,396
Time 286,144 315,905
Total deposits 1,902,895 1,815,647
Lease liability 3,968 4,263
Other liabilities 13,030 13,516
Total liabilities 2,130,734 2,053,125
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 4,478,089 shares outstanding at September 30, 2025 and 4,710,972 shares issued and 4,427,362 shares outstanding at December 31, 2024 4,711 4,711
Capital stock no par value, 5,000,000 shares authorized with no shares issued and outstanding
Additional paid-in capital 43,750 43,791
Retained earnings 150,279 139,463
Accumulated other comprehensive loss (25,806) (35,508)
Treasury stock, 232,883 shares at September 30, 2025 and 283,610 shares at December 31, 2024, at cost (6,591) (7,741)
Total shareholders' equity 166,343 144,716
Total liabilities and shareholders' equity 2,297,077 2,197,841
Federal Home Loan Bank (FHLB) Advances [Member]    
Deposits    
Debt 200,000 200,000
Subordinated Notes [Member]    
Deposits    
Debt $ 10,841 $ 19,699
v3.25.3
Consolidated Balance Sheets (Parenthetical) - $ / shares
Sep. 30, 2025
Dec. 31, 2024
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 4,478,089 4,427,362
Capital Stock, No Par Value $ 0 $ 0
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 232,883 283,610
v3.25.3
Consolidated Statements Of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income        
Loans, including fees $ 22,923 $ 19,082 $ 64,212 $ 54,363
Interest and dividends on investments:        
Taxable interest 4,336 4,011 13,685 11,825
Tax exempt interest 268 273 808 822
Dividend income 200 227 579 477
Interest-earning deposits in other banks 1,948 2,460 6,049 7,107
Total interest income 29,675 26,053 85,333 74,594
Interest expense        
Deposits 8,736 8,127 26,684 21,649
FHLB overnight borrowings and advances 2,205 2,525 6,544 7,813
Federal Reserve Bank borrowings   485   1,925
Subordinate notes 541 264 1,069 789
Total interest expense 11,482 11,401 34,297 32,176
Net interest income 18,193 14,652 51,036 42,418
Provision for credit losses - loans 1,251 474 2,704 1,524
Provision for (reversal of) credit losses - unfunded commitments (53) 11 (93) (41)
Total provision for credit losses 1,198 485 2,611 1,483
Net interest income after credit loss expense 16,995 14,167 48,425 40,935
Noninterest income        
Wealth management fees 2,264 2,097 6,897 6,366
Loan service charges 243 303 746 690
Gain on sale of loans 170 193 411 367
Deposit service charges and fees 662 628 1,880 1,814
Other service charges and fees 576 532 1,539 1,542
Debit card income 606 597 1,773 1,703
Increase in cash surrender value of life insurance 115 116 346 340
Change in fair value of equity securities   303 (7) 228
Other 175 84 890 342
Total noninterest income 4,811 4,853 14,475 13,392
Noninterest Expense        
Salaries and employee benefits 9,133 8,081 26,503 24,213
Net occupancy 1,231 1,150 3,603 3,480
Marketing and advertising 439 428 1,224 1,565
Legal and professional 680 490 1,744 1,521
Data processing 1,468 1,439 4,539 4,321
Pennsylvania bank shares tax 137 119 434 363
FDIC Insurance 495 550 1,449 1,280
ATM/debit card processing 347 307 1,030 969
Telecommunications 125 110 341 329
Nonservice pension 17 (7) 46 (43)
Other 1,076 1,250 3,201 3,563
Total noninterest expense 15,148 13,917 44,114 41,561
Income before income taxes 6,658 5,103 18,786 12,766
Income tax expense 1,304 885 3,603 2,154
Net income $ 5,354 $ 4,218 $ 15,183 $ 10,612
Per share        
Basic earnings per share $ 1.20 $ 0.96 $ 3.41 $ 2.41
Diluted earnings per share $ 1.19 $ 0.95 $ 3.39 $ 2.41
v3.25.3
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Consolidated Statements of Comprehensive Income (Loss) [Abstract]        
Net Income $ 5,354 $ 4,218 $ 15,183 $ 10,612
Debt Securities:        
Unrealized gains (loss) arising during the period 6,531 12,654 15,025 12,728
Reclassification adjustment for gains (loss) realized in income on fair value hedge [1] (231)   (2,745)  
Net unrealized gains (loss) 6,300 12,654 12,280 12,728
Tax effect (1,322) (2,658) (2,578) (2,673)
Net of tax amount 4,978 9,996 9,702 10,055
Total other comprehensive gain (loss) 4,978 9,996 9,702 10,055
Total Comprehensive Income (Loss) $ 10,332 $ 14,214 $ 24,885 $ 20,667
[1] Reclassified to interest income
v3.25.3
Consolidated Statements Of Changes In Shareholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Treasury Stock [Member]
Total
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          
Net income     10,612     10,612
Other comprehensive gain       10,055   10,055
Cash dividends declared     (4,217)     (4,217)
Acquisition of treasury stock         $ (596) (596)
Acquisition of treasury stock, shares         (21,597)  
Treasury shares issued under dividend reinvestment plan   (3)     $ 1,451 1,448
Treasury shares issued under dividend reinvestment plan, shares         53,155  
Stock Compensation Plans:            
Treasury shares issued   (411)     $ 436 25
Treasury shares issued, shares         15,964  
Compensation expense   465       465
Balance at Sep. 30, 2024 $ 4,711 43,697 140,388 (30,885) $ (7,983) 149,928
Balance, shares at Sep. 30, 2024 4,418,753          
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          
Net income     4,218     4,218
Other comprehensive gain       9,996   9,996
Cash dividends declared     (1,411)     (1,411)
Acquisition of treasury stock         $ (155) (155)
Acquisition of treasury stock, shares         (5,395)  
Treasury shares issued under dividend reinvestment plan   30     $ 262 292
Treasury shares issued under dividend reinvestment plan, shares         9,612  
Stock Compensation Plans:            
Treasury shares issued   (49)     $ 59 10
Treasury shares issued, shares         2,162  
Compensation expense   169       169
Balance at Sep. 30, 2024 $ 4,711 43,697 140,388 (30,885) $ (7,983) 149,928
Balance, shares at Sep. 30, 2024 4,418,753          
Balance at Dec. 31, 2024 $ 4,711 43,791 139,463 (35,508) (7,741) $ 144,716
Balance, shares at Dec. 31, 2024 4,427,362         4,427,362
Net income     15,183     $ 15,183
Other comprehensive gain       9,702   9,702
Cash dividends declared     (4,367)     (4,367)
Acquisition of treasury stock   541     $ (1,279) (738)
Acquisition of treasury stock, shares         (37,342)  
Treasury shares issued under dividend reinvestment plan   286     $ 693 979
Treasury shares issued under dividend reinvestment plan, shares         25,114  
Stock Compensation Plans:            
Treasury shares issued   (1,501)     $ 1,736 235
Treasury shares issued, shares         62,955  
Compensation expense   633       633
Balance at Sep. 30, 2025 $ 4,711 43,750 150,279 (25,806) $ (6,591) $ 166,343
Balance, shares at Sep. 30, 2025 4,478,089         4,478,089
Balance at Jun. 30, 2025 $ 4,711 43,763 146,403 (30,784) (6,729) $ 157,364
Balance, shares at Jun. 30, 2025 4,468,004          
Net income     5,354     5,354
Other comprehensive gain       4,978   4,978
Cash dividends declared     (1,478)     (1,478)
Acquisition of treasury stock   541     $ (841) (300)
Acquisition of treasury stock, shares         (25,075)  
Treasury shares issued under dividend reinvestment plan   104     $ 161 265
Treasury shares issued under dividend reinvestment plan, shares         5,723  
Stock Compensation Plans:            
Treasury shares issued   (816)     $ 818 2
Treasury shares issued, shares         29,437  
Compensation expense   158       158
Balance at Sep. 30, 2025 $ 4,711 $ 43,750 $ 150,279 $ (25,806) $ (6,591) $ 166,343
Balance, shares at Sep. 30, 2025 4,478,089         4,478,089
v3.25.3
Consolidated Statements Of Changes In Shareholders' Equity (Parenthetical) - $ / shares
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Consolidated Statements Of Changes In Shareholders' Equity [Abstract]        
Dividend declared per share $ 0.33 $ 0.32 $ 0.98 $ 0.96
v3.25.3
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 15,183 $ 10,612
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,608 1,567
Net amortization of loans and investment securities 206 2,467
Amortization of subordinate debt issuance costs 142 30
Provision for credit losses 2,611 1,483
Change in fair value of equity securities 7 (228)
Loans originated for sale (28,569) (28,344)
Proceeds from sale of loans 30,030 26,199
Gain on sale of loans held for sale (411) (367)
Increase in cash surrender value of life insurance (346) (340)
Gain from claims on life insurance policies (78)
Stock based compensation 633 465
Net decrease in other assets 1,737 2,650
Net decrease (increase) in other liabilities (574) 1,419
Net cash provided by operating activities 22,257 17,535
Cash flows from investing activities    
Net decrease in long-term interest-earning deposits in other banks 500 4,480
Proceeds from maturities, calls and pay-downs of securities available for sale 54,239 36,163
Purchase of investment securities available for sale (19,616)
Increase in restricted stock (119) (6,800)
Net increase in loans (165,982) (109,132)
Proceeds from surrender of life insurance policies 558
Proceeds from sale of equity securities 161
Capital expenditures (882) (2,184)
Net cash used in investing activities (112,083) (96,531)
Cash flows from financing activities    
Net increase in demand deposits, interest-bearing checking, and savings accounts 117,009 74,684
Net (decrease) increase in time deposits (29,761) 110,829
Increase in long-term borrowings (FHLB) 200,000
Decrease in long-term borrowings (FHLB & FRB) (90,000)
Redemption of subordinate notes (9,000)
Dividends paid (4,367) (4,217)
Purchase of Treasury shares (738) (596)
Cash received from option exercises 235 25
Treasury shares issued under dividend reinvestment plan 979 1,448
Net cash provided by financing activities 74,357 292,173
(Decrease) Increase in cash and cash equivalents (15,469) 213,177
Cash and cash equivalents at the beginning of the period 203,613 23,140
Cash and cash equivalents at the end of the period 188,144 236,317
Cash paid during the period for:    
Interest on deposits and other borrowed funds 35,183 30,535
Income taxes 3,514 1,133
Noncash Activities    
Lease liabilities arising from obtaining right-of-use assets $ 131 $ 20
v3.25.3
Basis Of Presentation
 9 Months Ended
Sep. 30, 2025
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 September 30, 2025, 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 2024 Annual Report on Form 10-K. The consolidated results of operations for the three and nine months ended September 30, 2025 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, 2024 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 Nine Months Ended

September 30,

September 30,

(Dollars and shares in thousands, except per share data)

2025

2024

2025

2024

Weighted average shares outstanding (basic)

4,474

4,412

4,458

4,398

Impact of common stock equivalents

24

11

27

9

Weighted average shares outstanding (diluted)

4,498

4,423

4,485

4,407

Anti-dilutive options excluded from calculation

—

—

—

—

Net income

$

5,354

$

4,218

$

15,183

$

10,612

Basic earnings per share

$

1.20

$

0.96

$

3.41

$

2.41

Diluted earnings per share

$

1.19

$

0.95

$

3.39

$

2.41
v3.25.3
Recent Accounting Pronouncements
 9 Months Ended
Sep. 30, 2025
Recent Accounting Pronouncements [Abstract]  
Recent Accounting Pronouncements Note 2. Recent Accounting Pronouncements 

Recently adopted accounting standards

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 adopted the ASU as of December 31, 2024 and it did not have an effect on its consolidated 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

Effective for annual periods beginning after December 15, 2024.

Effect on the Consolidated Financial Statements

The ASU is not expected to have an impact on the Corporation's financial statements.

ASU 2023-06, 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.

     
v3.25.3
Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2025
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income (Loss) Note 3. Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss), net of income tax effects, included in shareholders' equity, are as follows:

September 30,

December 31,

(Dollars in thousands)

2025

2024

Net unrealized (losses) gains on debt securities

$

(30,869)

$

(43,149)

Tax effect

6,483

9,061

Net of tax amount

$

(24,386)

$

(34,088)

Accumulated pension adjustment

$

(1,797)

$

(1,797)

Tax effect

377

377

Net of tax amount

$

(1,420)

$

(1,420)

Total accumulated other comprehensive (loss) income

$

(25,806)

$

(35,508)

 
v3.25.3
Investments
 9 Months Ended
Sep. 30, 2025
Investments [Abstract]  
Investments


‎

Note 4. Investments

Available for Sale (AFS) Securities

The amortized cost and estimated fair value of AFS securities as of September 30, 2025 and December 31, 2024 are as follows:

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

September 30, 2025

cost

gains

losses

Value

U.S. Treasury

$

35,958

$

—

$

(2,891)

$

33,067

Municipal

154,608

—

(17,910)

136,698

Corporate

21,482

2

(1,253)

20,231

Agency MBS & CMO

138,466

112

(6,202)

132,376

Non-Agency MBS & CMO

120,797

293

(2,320)

118,770

Asset-backed

28,398

101

(356)

28,143

Total

$

499,709

$

508

$

(30,932)

$

469,285

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

December 31, 2024

cost

gains

losses

value

U.S. Treasury

$

36,192

$

—

$

(4,395)

$

31,797

Municipal

156,528

37

(22,973)

133,592

Corporate

26,356

1

(2,133)

24,224

Agency MBS & CMO

149,003

15

(10,276)

138,742

Non-Agency MBS & CMO

154,554

45

(5,429)

149,170

Asset-backed

31,420

163

(504)

31,079

Total

$

554,053

$

261

$

(45,710)

$

508,604

At September 30, 2025 and December 31, 2024, the fair value of debt securities pledged to secure public deposits, trust deposits, FHLB borrowing commitments and Federal Reserve Bank discount window availability totaled $386.9 million and $207.2 million, respectively. The Bank has no investment in a single obligor 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 September 30, 2025, 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

48,468

45,527

Due after five years through ten years

94,543

84,340

Due after ten years

69,037

60,129

212,048

189,996

MBS, CMO & ABS

287,661

279,289

$

499,709

$

469,285

Credit Impairment:

The debt securities portfolio contained 484 securities having a fair value of $410.8 million, with $30.9 million in unrealized losses at September 30, 2025, an improvement of $14.8 million 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 September 30, 2025 and December 31, 2024, were 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 September 30, 2025 and December 31, 2024:

September 30, 2025

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

$

—

$

—

—

$

33,067 

$

(2,891)

13 

$

33,067 

$

(2,891)

13 

Municipal

791 

(80)

2 

135,907 

(17,830)

163 

136,698 

(17,910)

165 

Corporate

—

—

—

18,988 

(1,253)

40 

18,988 

(1,253)

40 

Agency MBS & CMO

2,673 

(8)

15 

120,007 

(6,194)

170 

122,680 

(6,202)

185 

Non-Agency MBS & CMO

2,445 

(4)

3 

79,608 

(2,316)

43 

82,053 

(2,320)

46 

Asset-backed

1,785 

(17)

4 

15,533 

(339)

31 

17,318 

(356)

35 

Total unrealized losses

$

7,694 

$

(109)

24 

$

403,110 

$

(30,823)

460 

$

410,804 

$

(30,932)

484 

December 31, 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

$

—

$

—

—

$

31,797 

$

(4,395)

13 

$

31,797 

$

(4,395)

13 

Municipal

—

—

—

132,550 

(22,973)

164 

132,550 

(22,973)

164 

Corporate

—

—

—

23,237 

(2,133)

50 

23,237 

(2,133)

50 

Agency MBS & CMO

54,388 

(2,250)

15 

82,110 

(8,026)

183 

136,498 

(10,276)

198 

Non-Agency MBS & CMO

79,422 

(2,974)

26 

53,615 

(2,455)

50 

133,037 

(5,429)

76 

Asset-backed

733 

(1)

3 

19,061 

(503)

34 

19,794 

(504)

37 

Total unrealized losses

$

134,543 

$

(5,225)

44 

$

342,370 

$

(40,485)

494 

$

476,913 

$

(45,710)

538 

 
v3.25.3
Loans
 9 Months Ended
Sep. 30, 2025
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 first 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 American Institute of Architects (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, including commercial real estate construction 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 indicators 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 occurs 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.

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 outstanding loans, by class, at the end of the reporting periods is as follows:

September 30,

December 31,

(Dollars in thousands)

2025

2024

Residential real estate 1-4 family

Consumer first liens

$

217,664

$

181,780

Commercial first lien

58,148

58,821

Total first liens

275,812

240,601

Consumer junior liens and lines of credit

84,614

76,035

Commercial junior liens and lines of credit

7,216

6,199

Total junior liens and lines of credit

91,830

82,234

Total residential real estate 1-4 family

367,642

322,835

Residential real estate - construction

Consumer

27,337

20,742

Commercial

24,415

11,685

Total residential real estate construction

51,752

32,427

Commercial real estate

904,646

803,365

Commercial

230,285

230,597

Total commercial

1,134,931

1,033,962

Consumer

9,542

8,853

1,563,867

1,398,077

Less: Allowance for credit losses

(20,352)

(17,653)

Net Loans

$

1,543,515

$

1,380,424

Included in the loan balances are the following:

Net unamortized deferred loan costs

$

1,829

$

1,766

Loans pledged as collateral for borrowings and commitments from:

FHLB

$

825,427

$

775,410

Federal Reserve Bank

197,632

96,592

$

1,023,059

$

872,002

 
v3.25.3
Loan Quality And Allowance For Credit Losses
 9 Months Ended
Sep. 30, 2025
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 with pooled loans are evaluated on an individual basis. Loans evaluated individually are not included in the pool evaluation, this includes collateral dependent loans. Loans are considered Collateral Dependent 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 or 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.

As of September 30, 2025, the Bank had outstanding loans to a related party of a Bank Director who is considered an “insider” under Regulation O. The loans are currently classified as OAEM (rated 6) on the Bank’s internal credit risk rating system, indicating potential weaknesses that warrant management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loans. As of September 30, 2025, the outstanding balance of the loans was $4.7 million, and were not past due or on nonaccrual status.


‎

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 September 30, 2025

2025

2024

2023

2022

2021

Prior

Cost Basis

to Term

Total

Residential real estate 1-4 family:

Commercial:

Risk rating:

Pass (1-5)

$

4,899 

$

4,970 

$

9,247 

$

6,502 

$

9,179 

$

25,039 

$

5,347 

$

—

$

65,183 

OAEM (6)

—

—

—

—

—

—

—

—

—

Substandard (7)

—

—

—

—

—

181 

—

—

181 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total Commercial

4,899 

4,970 

9,247 

6,502 

9,179 

25,220 

5,347 

—

65,364 

Consumer:

Performing

30,358 

51,275 

64,259 

28,488 

13,564 

32,671 

65,371 

16,285 

302,271 

Nonperforming

—

—

—

—

—

7 

—

—

7 

Total Consumer

30,358 

51,275 

64,259 

28,488 

13,564 

32,678 

65,371 

16,285 

302,278 

Total

$

35,257 

$

56,245 

$

73,506 

$

34,990 

$

22,743 

$

57,898 

$

70,718 

$

16,285 

$

367,642 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Residential real estate construction:

Commercial:

Risk rating:

Pass (1-5)

$

4,427 

$

16,330 

$

2,162 

$

403 

$

388 

$

705 

$

—

$

—

$

24,415 

OAEM (6)

—

—

—

—

—

—

—

—

—

Substandard (7)

—

—

—

—

—

—

—

—

—

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total Commercial

4,427 

16,330 

2,162 

403 

388 

705 

—

—

24,415 

Consumer:

Performing

13,951 

13,386 

—

—

—

—

—

—

27,337 

Nonperforming

—

—

—

—

—

—

—

—

—

Total Consumer

13,951 

13,386 

—

—

—

—

—

—

27,337 

Total

$

18,378 

$

29,716 

$

2,162 

$

403 

$

388 

$

705 

$

—

$

—

$

51,752 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Commercial real estate:

Risk rating:

Pass (1-5)

$

111,137 

$

122,903 

216,532 

96,841 

$

85,782 

$

214,240 

$

11,089 

$

—

$

858,524 

OAEM (6)

—

—

3,598 

7,051 

695 

7,306 

—

—

18,650 

Substandard (7)

—

—

22,240 

239 

—

4,943 

50 

—

27,472 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total

$

111,137 

$

122,903 

$

242,370 

$

104,131 

$

86,477 

$

226,489 

$

11,139 

$

—

$

904,646 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Commercial:

Risk rating:

Pass (1-5)

$

13,915 

$

23,967 

$

13,104 

$

21,383 

$

35,144 

$

70,327 

$

45,297 

$

—

$

223,137 

OAEM (6)

—

521 

9 

1,053 

1,368 

2 

3,733 

—

6,686 

Substandard (7)

—

—

—

—

—

—

462 

—

462 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total

$

13,915 

$

24,488 

$

13,113 

$

22,436 

$

36,512 

$

70,329 

$

49,492 

$

—

$

230,285 

Current period gross charge-offs

$

(6)

$

—

$

(15)

$

—

$

—

$

(8)

$

—

$

—

$

(29)

Consumer:

Performing

1,868 

1,409 

844 

241 

1,548 

12 

3,615 

—

9,537 

Nonperforming

—

—

—

—

—

—

5 

—

5 

Total

$

1,868 

$

1,409 

$

844 

$

241 

$

1,548 

$

12 

$

3,620 

$

—

$

9,542 

Current period gross charge-offs

$

(53)

$

(5)

$

(6)

$

(1)

$

(1)

$

(2)

$

(18)

$

—

$

(86)


‎

(Dollars in thousands)

Revolving

Revolving

Term Loans

Loans

Loans

Amortized Cost Basis by Origination Year

Amortized

Converted

As of December 31, 2024

2024

2023

2022

2021

2020

Prior

Cost Basis

to Term

Total

Residential real estate 1-4 family:

Commercial:

Risk rating:

Pass (1-5)

$

5,306 

$

9,436 

$

7,529 

$

10,133 

$

8,099 

$

20,251 

$

4,079 

$

—

$

64,833 

OAEM (6)

—

—

—

—

—

—

—

—

—

Substandard (7)

—

—

—

—

—

—

187 

—

187 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total Commercial

5,306 

9,436 

7,529 

10,133 

8,099 

20,251 

4,266 

—

65,020 

Consumer:

Performing

36,214 

67,248 

31,290 

14,303 

9,014 

27,744 

54,147 

17,855 

257,815 

Nonperforming

—

—

—

—

—

—

—

—

—

Total Consumer

36,214 

67,248 

31,290 

14,303 

9,014 

27,744 

54,147 

17,855 

257,815 

Total

$

41,520 

$

76,684 

$

38,819 

$

24,436 

$

17,113 

$

47,995 

$

58,413 

$

17,855 

$

322,835 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Residential real estate construction:

Commercial:

Risk rating:

Pass (1-5)

$

5,582 

$

3,306 

$

403 

$

1,150 

$

159 

$

1,085 

$

—

$

—

$

11,685 

OAEM (6)

—

—

—

—

—

—

—

—

—

Substandard (7)

—

—

—

—

—

—

—

—

—

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total Commercial

5,582 

3,306 

403 

1,150 

159 

1,085 

—

—

11,685 

Consumer:

Performing

19,907 

835 

—

—

—

—

—

—

20,742 

Nonperforming

—

—

—

—

—

—

—

—

—

Total Consumer

19,907 

835 

—

—

—

—

—

—

20,742 

Total

$

25,489 

$

4,141 

$

403 

$

1,150 

$

159 

$

1,085 

$

—

$

—

$

32,427 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Commercial real estate:

Risk rating:

Pass (1-5)

$

95,410 

$

221,889 

$

106,385 

$

93,228 

$

32,546 

$

218,875 

$

16,290 

$

—

$

784,623 

OAEM (6)

—

—

1,772 

1,711 

6,624 

—

—

—

10,107 

Substandard (7)

—

6,301 

266 

—

—

2,018 

50 

—

8,635 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total

$

95,410 

$

228,190 

$

108,423 

$

94,939 

$

39,170 

$

220,893 

$

16,340 

$

—

$

803,365 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

(2)

$

—

$

—

$

(2)

Commercial:

Risk rating:

Pass (1-5)

$

25,398 

$

16,289 

$

27,545 

$

37,927 

$

18,196 

$

60,126 

$

42,595 

$

—

$

228,076 

OAEM (6)

—

11 

420 

1,500 

9 

—

250 

—

2,190 

Substandard (7)

—

—

—

—

58 

—

273 

—

331 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total

$

25,398 

$

16,300 

$

27,965 

$

39,427 

$

18,263 

$

60,126 

$

43,118 

$

—

$

230,597 

Current period gross charge-offs

$

(11)

$

—

$

(287)

$

—

$

—

$

—

$

(161)

$

—

$

(459)

Consumer:

Performing

2,289 

1,140 

386 

1,682 

36 

27 

3,291 

—

8,851 

Nonperforming

—

—

—

1 

—

—

1 

—

2 

Total

$

2,289 

$

1,140 

$

386 

$

1,683 

$

36 

$

27 

$

3,292 

$

—

$

8,853 

Current period gross charge-offs

$

(44)

$

—

$

—

$

—

$

(6)

$

—

$

(49)

$

—

$

(99)


‎

The following table presents the amortized cost basis of loans on nonaccrual status and loans past due 90 days or more and still accruing as of the date presented:

September 30, 2025

December 31, 2024

(Dollars in thousands)

Nonaccrual and Loans past due 90 Days or more

Nonaccrual and Loans past due 90 Days or more

Loans past due

Loans past due

Nonaccrual

Nonaccrual

90 Days or more

Nonaccrual

Nonaccrual

90 Days or more

Without ACL

With ACL

Still Accruing

Without ACL

With ACL

Still Accruing

September 30, 2025

Residential Real Estate 1-4 Family

First liens

$

—

$

—

$

7 

$

—

$

—

$

—

Junior liens and lines of credit

—

—

—

—

—

—

Total

—

—

7 

—

—

—

Residential real estate - construction

—

—

—

—

—

—

Commercial real estate

3,406 

7,266 

—

266 

—

—

Commercial

—

—

—

—

—

—

Consumer

—

—

5 

—

—

2 

Total

$

3,406 

$

7,266 

$

12 

$

266 

$

—

$

2 

At September 30, 2025, the Corporation had two commercial real estate loans to unrelated borrowers totaling for $10.2 million that were considered to be collateral dependent, compared to $266 thousand at December 31, 2024. These loans are for a $7.3 million commercial construction mixed-use project, and a hotel for $2.9 million. The Bank established an $894 thousand specific reserve for the construction loan as of September 30, 2025.

At September 30, 2025 and December 31, 2024, 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

September 30, 2025

Residential Real Estate 1-4 Family

First liens

$

420 

$

672 

$

7 

$

1,099 

$

274,713 

$

275,812 

Junior liens and lines of credit

365 

160 

—

525 

91,305 

91,830 

Total

785 

832 

7 

1,624 

366,018 

367,642 

Residential real estate - construction

—

—

—

—

51,752 

51,752 

Commercial real estate

756 

552 

3,167 

4,475 

900,171 

904,646 

Commercial

306 

—

—

306 

229,979 

230,285 

Consumer

24 

4 

5 

33 

9,509 

9,542 

Total

$

1,871 

$

1,388 

$

3,179 

$

6,438 

$

1,557,429 

$

1,563,867 

Loans Past Due

Total

Total

30-59 Days

60-89 Days

90 Days+

Past Due

Current

Loans

December 31, 2024

Residential Real Estate 1-4 Family

First liens

$

203 

$

640 

$

—

$

843 

$

239,758 

$

240,601 

Junior liens and lines of credit

241 

160 

—

401 

81,833 

82,234 

Total

444 

800 

—

1,244 

321,591 

322,835 

Residential real estate - construction

—

—

—

—

32,427 

32,427 

Commercial real estate

380 

219 

—

599 

802,766 

803,365 

Commercial

747 

50 

266 

1,063 

229,534 

230,597 

Consumer

30 

4 

2 

36 

8,817 

8,853 

Total

$

1,601 

$

1,073 

$

268 

$

2,942 

$

1,395,135 

$

1,398,077 


‎

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

Total

ACL at June 30, 2025

$

1,637 

$

488 

$

561 

$

12,852 

$

3,460 

$

124 

$

19,122 

Charge-offs

—

—

—

—

(16)

(25)

(41)

Recoveries

—

—

8 

—

10 

2 

20 

Provision

24 

18 

55 

1,275 

(166)

45 

1,251 

ACL at September 30, 2025

$

1,661 

$

506 

$

624 

$

14,127 

$

3,288 

$

146 

$

20,352 

ACL at December 31, 2024

$

1,497 

$

461 

$

376 

$

12,004 

$

3,182 

$

133 

$

17,653 

Charge-offs

—

—

—

—

(29)

(86)

(115)

Recoveries

—

—

11 

—

85 

14 

110 

Provision

164 

45 

237 

2,123 

50 

85 

2,704 

ACL at September 30, 2025

$

1,661 

$

506 

$

624 

$

14,127 

$

3,288 

$

146 

$

20,352 

ACL at June 30, 2024

$

1,384 

$

429 

$

318 

$

11,423 

$

3,364 

$

100 

$

17,018 

Charge-offs

—

—

—

—

(2)

(25)

(27)

Recoveries

—

—

4 

3 

32 

3 

42 

Provision

81 

26 

9 

230 

95 

33 

474 

ACL at September 30, 2024

$

1,465 

$

455 

$

331 

$

11,656 

$

3,489 

$

111 

$

17,507 

ACL at December 31, 2023

$

1,296 

$

419 

$

296 

$

10,657 

$

3,290 

$

94 

$

16,052 

Charge-offs

—

—

—

(2)

(151)

(71)

(224)

Recoveries

—

—

11 

3 

112 

29 

155 

Provision

169 

36 

24 

998 

238 

59 

1,524 

ACL at September 30, 2024

$

1,465 

$

455 

$

331 

$

11,656 

$

3,489 

$

111 

$

17,507 

As of September 30, 2025 and December 31, 2024 there were no modifications made to borrowers experiencing financial difficulty. During the three and nine months ended September 30, 2025 and 2024, there were no loans to borrowers experiencing financial difficulty that had a payment default and were modified in the twelve months prior to that default. Default is determined at 90 or more days past due, upon charge-off, or upon foreclosure.
v3.25.3
Leases
 9 Months Ended
Sep. 30, 2025
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
‎September 30,

Nine Months Ended
‎September 30,

(Dollars in thousands)

2025

2024

2025

2024

Operating lease cost

$

179

$

192

$

538

$

581

Short-term lease cost

4

1

12

3

Variable lease cost

41

31

121

118

Total lease cost

$

224

$

224

$

671

$

702

Supplemental Lease Information:

Nine Months Ended
‎September 30,

(Dollars in thousands)

2025

2024

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

535

$

556

Weighted-average remaining lease term (years)

11.2

11.6

Weighted-average discount rate

3.56%

3.46%

Lease Obligations:

Future undiscounted lease payments for operating leases with initial terms of one year or more as of September 30, 2025, are as follows:

(Dollars in thousands)

2025

$

178

2026

597

2027

455

2028

416

2029

420

2030 and beyond

2,808

Undiscounted cash flow

4,874

Imputed Interest

(906)

Total lease liability

$

3,968
v3.25.3
Other Real Estate Owned
 9 Months Ended
Sep. 30, 2025
Other Real Estate Owned [Abstract]  
Other Real Estate Owned Note 8. Other Real Estate Owned

The Bank had no other real estate owned at September 30, 2025 and December 31, 2024.

 
v3.25.3
Derivatives
 9 Months Ended
Sep. 30, 2025
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. 

Fair Value Hedges – The Corporation entered into certain interest rate swap contracts designated as fair value portfolio layer hedges of certain available-for-sale investment securities. The Corporation makes a fixed payment and receives a variable payment over the life of the contracts. The hedges were determined to be effective during all periods presented and are expected to be effective during the remaining term of the contracts. At September 30, 2025, the Corporation had posted $6.5 million of restricted cash collateral to a counterparty, reported in short-term interest-bearing deposits in other banks on the Consolidated Balance Sheet.

Derivatives Not Designated as Hedges – These derivatives result from participations in interest rate swaps provided by external lenders as part of loan participation arrangements, therefore, are not used to manage interest rate risk in the Corporation’s assets or liabilities. 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.

(Dollars in thousands)

As of September 30, 2025

As of December 31, 2024

Notional amount

Balance Sheet Location

Fair Value

Notional amount

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments

Interest rate swaps

$

102,992

Other Liabilities

$

429 

$

111,087 

Other Assets

$

2,275 

Total derivatives designated as hedging instruments

$

429 

$

2,275 

Derivatives not designated as hedging instruments

Other Contracts

$

5,907

Other Liabilities

$

—

$

6,064 

Other Liabilities

$

—

Total derivatives not designated as hedging instruments

$

—

$

—

The table below presents the effect of the Corporation’s derivative financial instruments that are designated as hedging instruments on the Income Statement.

Effect of Derivatives Designated as Hedging Instruments on the Statement of Financial Performance

Derivatives 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

Three Months Ended

Nine Months Ended

(Dollars in thousands)

September 30,

September 30,

2025

2024

2025

2024

Interest rate swaps

Investment income

$

210

$

-

$

611

$

-

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 Not Designated as Hedging Instruments on the Statement of Financial Performance

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

Three Months Ended

Nine Months Ended

(Dollars in thousands)

September 30,

September 30,

2025

2024

2025

2024

Other Contracts

Other income

$

-

$

-

$

-

$

1

The table below presents the carrying amount of the derivative financial instruments as of June 30, 2025 and 2024:

Carrying amount of the hedged items

Cumulative amount of fair value hedging instruments

(Dollars in thousands)

As of September 30,

As of September 30,

2025

2024

2025

2024

Investment securities, AFS (1)

$

105,884

$

-

$

445

$

-

(1)The amounts represent the amortized cost basis of closed portfolios used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolio anticipated to be outstanding for the designated hedge period. At September 30, 2025, the fair value of the closed portfolio used in these hedging relationships was $104.4 million and the notional amount was $123.6 million.  


‎
v3.25.3
Pension
 9 Months Ended
Sep. 30, 2025
Pension [Abstract]  
Pension Note 10. Pension

The components of pension expense for the periods presented are as follows:

Three Months Ended

Nine Months Ended

September 30,

September 30,

(Dollars in thousands)

2025

2024

2025

2024

Components of net periodic cost:

Service cost

$

53

$

56

$

159

$

159

Interest cost

199

193

598

574

Expected return on plan assets

(206)

(215)

(620)

(647)

Recognized net actuarial loss

24

15

68

30

Total pension expense

$

70

$

49

$

205

$

116

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. 
v3.25.3
Fair Value Measurements And Fair Values Of Financial Instruments
 9 Months Ended
Sep. 30, 2025
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 first-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 nine months of 2025. Collateral dependent loans are measured at fair value on a nonrecurring basis.

Derivatives: The fair value of derivatives are based on valuation methods using observable market data as of the measurement date (Level 2). The fair value of derivatives are determined using quantitative models using multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices and indices to generate continuous yield or pricing curves, prepayment rates and other factors to value the position. The majority of market inputs are actively quoted and can be validated through external sources including, brokers, market transactions and third-party pricing services. The fair value represents an estimate of the amount the Corporation would receive or pay to terminate the derivative contract.

Other Real Estate Owned: Assets acquired through or instead of loan foreclosure are initially recorded at the lower of cost or the fair value less costs to sell when acquired. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. Fair value is commonly based on recent real estate appraisals which are updated no less frequently than annually. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach with data from comparable properties (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. In connection with the measurement and initial recognition of other real estate owned, losses are recognized through the allowance for loan losses. Subsequent charge-offs are recognized as an expense. Other real estate owned properties are evaluated on a quarterly basis for additional impairment and adjusted accordingly.


‎

Fair Value Measurements

The following table presents assets measured at fair value and the basis of measurement used for the periods presented:

(Dollars in thousands)

Fair Value at September 30, 2025

Assets

Basis

Level 1

Level 2

Level 3

Total

Available for sale:

U.S. Treasury

33,067 

—

—

33,067 

Municipal

—

136,698 

—

136,698 

Corporate

—

20,231 

—

20,231 

Agency MBS & CMO

—

132,376 

—

132,376 

Non-Agency MBS & CMO

—

118,770 

—

118,770 

Asset-backed

—

28,143 

—

28,143 

Total available for sale

Recurring

$

33,067 

$

436,218 

$

—

$

469,285 

Collateral dependent loans (1)

Nonrecurring

—

—

6,372 

6,372 

Liabilities

Derivatives

Recurring

—

429 

—

429 

(Dollars in thousands)

Fair Value at December 31, 2024

Assets

Basis

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

Recurring

$

166 

$

—

$

—

$

166 

Available for sale:

U.S. Treasury

31,797 

—

—

31,797 

Municipal

—

133,592 

—

133,592 

Corporate

—

24,224 

—

24,224 

Agency MBS & CMO

—

138,742 

—

138,742 

Non-Agency MBS & CMO

—

149,170 

—

149,170 

Asset-backed

31,079 

31,079 

Total available for sale

Recurring

$

31,963 

$

476,807 

$

—

$

508,770 

Collateral dependent loans (1)

Nonrecurring

—

—

380 

380 

Derivatives

Recurring

—

2,275 

—

2,275 

(1)Collateral dependent loans are reported at the fair value of the underlying collateral if repayment is expected solely from the collateral. Collateral values are estimated using Level 3 inputs based on customized discounting criteria.

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 September 30, 2025.


‎

The following table presents additional quantitative information about Level 3 assets measured at fair value on a nonrecurring basis at September 30, 2025 and December 31, 2024.

(Dollars in thousands)

Range

September 30, 2025

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Appraisal Adjustment on:

Collateral Dependent

$

6,372

Appraisal

Real estate assets

20%

Cost to sell

10%

Range

December 31, 2024

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Collateral Dependent

$

380

Appraisal

Appraisal Adjustment on:

Real estate assets

100% (100%)

Cost to sell

10%

The carrying amounts and estimated fair value of financial instruments not carried at fair value are as follows:

September 30, 2025

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

188,144

$

188,144

$

188,144

$

—

$

—

Long-term interest-earning deposits in other banks

999

999

999

—

—

Loans held for sale

1,420

1,445

—

1,445

—

Net loans

1,543,515

1,535,966

—

—

1,535,966

Accrued interest receivable

7,642

7,642

—

—

7,642

Financial liabilities:

Deposits

$

1,902,895

$

1,903,051

$

—

$

1,903,051

$

—

FHLB advances

200,000

201,854

—

201,854

—

Subordinate notes

10,841

9,532

—

9,532

—

Accrued interest payable

3,803

3,803

—

3,803

—

December 31, 2024

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

203,613

$

203,613

$

203,613

$

—

$

—

Long-term interest-earning deposits in other banks

1,499

1,499

1,499

Loans held for sale

2,470

2,470

—

2,470

—

Net loans

1,380,424

1,351,450

—

—

1,351,450

Accrued interest receivable

7,348

7,348

—

—

7,348

Financial liabilities:

Deposits

$

1,815,647

$

1,814,479

$

—

$

1,814,479

$

—

FHLB Advances

200,000

200,883

200,883

Subordinate notes

19,699

18,032

—

18,032

—

Accrued interest payable

4,689

4,689

—

4,689

—

 
v3.25.3
Deposits
 9 Months Ended
Sep. 30, 2025
Deposits [Abstract]  
Deposits


‎

Note 12. Deposits

September 30,

December 31,

(Dollars in thousands)

2025

2024

Noninterest-bearing checking

$

311,925

$

290,346

Interest-bearing checking

424,902

417,870

Money management

785,186

694,880

Savings

94,738

96,646

Total interest-bearing checking and savings

1,304,826

1,209,396

Time deposits

199,087

228,848

Time - brokered deposits

87,057

87,057

Total time deposits

286,144

315,905

Total deposits

$

1,902,895

$

1,815,647

Overdrawn deposit accounts reclassified as loans

$

472

$

136

Time deposits greater than $250,000 at September 30, 2025 and December 31, 2024 were $54.9 million and $77.4 million, respectively.
v3.25.3
Borrowings
 9 Months Ended
Sep. 30, 2025
Borrowings [Abstract]  
Borrowings Note 13. Borrowings

On September 30, 2025, the Bank had $200.0 million in total borrowings from the Federal Home Loan Bank of Pittsburgh (FHLB), compared to $200.0 million on December 31, 2024. The borrowings have a rate of 4.32% and are due January 12, 2027.

On September 30, 2025, the Corporation had $11.0 million of unsecured subordinated debt notes payable of which $6.0 million mature on September 1, 2030 and $5.0 million mature on September 1, 2035. The notes are recorded on the consolidated balance sheet net of remaining debt issuance costs totaling $159 thousand 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 $6.0 million have a variable interest rate of 90-day Average Secured Overnight Financing Rate (SOFR) plus 4.93% and will reset quarterly. The subordinated notes totaling $5.0 million have a fixed interest rate of 5.25% through June 29, 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 at par, 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.
v3.25.3
Capital Ratios
 9 Months Ended
Sep. 30, 2025
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 shown in the table below. 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 September 30, 2025 was 4.88% 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 September 30, 2025, 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 September 30, 2025 and December 31, 2024 for the Corporation and the Bank:

Regulatory Ratios

Adequately

Well

September 30,

December 31,

Capitalized

Capitalized

(Dollars in thousands)

2025

2024

Minimum

Minimum

Common Equity Tier 1 Risk-based Capital Ratio (1)

Franklin Financial Services Corporation

11.05%

11.31%

N/A

N/A

Farmers & Merchants Trust Company

11.63%

11.71%

4.50%

6.50%

Tier 1 Risk-based Capital Ratio (2)

Franklin Financial Services Corporation

11.05%

11.31%

N/A

N/A

Farmers & Merchants Trust Company

11.63%

11.71%

6.00%

8.00%

Total Risk-based Capital Ratio (3)

Franklin Financial Services Corporation

12.86%

13.85%

N/A

N/A

Farmers & Merchants Trust Company

12.88%

12.96%

8.00%

10.00%

Tier 1 Leverage Ratio (4)

Franklin Financial Services Corporation

7.90%

7.92%

N/A

N/A

Farmers & Merchants Trust Company

8.32%

8.20%

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
v3.25.3
Revenue Recognition
 9 Months Ended
Sep. 30, 2025
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 nine months ended September 30, 2025 and 2024:

For the Three Months Ended

For the Nine Months Ended

(Dollars in thousands)

September 30,

September 30,

Wealth Management Fees

2025

2024

2025

2024

Asset Management Fees

$

2,074

$

1,910

$

6,274

$

5,794

Estate Management Fees

102

143

384

358

Commissions

88

44

239

214

Total

$

2,264

$

2,097

$

6,897

$

6,366

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 first-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 first 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.
v3.25.3
Commitments And Contingencies
 9 Months Ended
Sep. 30, 2025
Commitments And Contingencies [Abstract]  
Commitments And Contingencies 1Note 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:

September 30,

December 31,

(Dollars in thousands)

2025

2024

Financial instruments whose contract amounts represent credit risk

Commercial commitments to extend credit

$

300,729

$

328,806

Consumer commitments to extend credit (secured)

147,130

135,776

Consumer commitments to extend credit (unsecured)

7,840

5,352

$

455,699

$

469,934

Standby letters of credit

$

28,323

$

28,815

ACL - Unfunded Commitments (1)

$

1,937

$

2,030

(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 September 30, 2025, 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.
v3.25.3
Segment Reporting
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Note 17. Segment Reporting

The Corporation’s reportable segments are determined by the Chief Operating Officer of the Bank, who is the designated chief operating decision maker (CODM), based upon information provided about the Corporation’s products and services offered primarily between community banking and wealth management segments. The segments are also distinguished by the level of information provided to the CODM, who uses such information to review the performance of various components of the business, which are then aggregated if operating performance, products/services, and customer are similar. The CODM evaluates the financial performance of the Corporation’s business segments by evaluating revenue streams, significant expenses, and budget to actual results to assess the performance of the segments and to determine allocation of resources. This evaluation is also used to assess the performance of each segment to evaluate compensation of certain employees.

Segment pretax profit or loss is used to assess the performance of the community banking segment by monitoring net interest income, fee income and noninterest expense. In this segment, interest income on loans and securities, and banking service fees are the primary source of revenue. Interest expense, the provision for credit losses, and salaries and benefits are the primary expenses.

Segment pretax profit or loss is used to assess the performance of the wealth management segment by monitoring fee income and operating expense, and by assets under management. In this segment, fees from assets under management are the primary source of revenue, while salaries and benefits are the primary expense.


‎

The following table presents the reportable segments for the periods presented:

For the Three Months Ended

For the Nine Months Ended

September 30, 2025

September 30, 2025

Reportable Segments

Reportable Segments

(Dollars in thousands)

Wealth

Community Banking

Consolidated Total

Wealth

Community Banking

Consolidated Total

Interest income - loans, including fees

$

—

$

22,923 

$

22,923 

$

—

$

64,212 

$

64,212 

Interest income - investments

—

4,804 

4,804 

—

15,072 

15,072 

Interest income - interest-earning deposits in other banks

—

1,948 

1,948 

—

6,049 

6,049 

Wealth fee income

2,264 

—

2,264 

6,897 

—

6,897 

Total segment income

$

2,264 

$

29,675 

$

31,939 

$

6,897 

$

85,333 

$

92,230 

Reconciliation of revenue

Other revenue - not allocated to a segment

2,547 

7,578 

Total consolidated revenue

$

34,486 

$

99,808 

Less:

Interest expense - deposits

$

—

$

8,736 

$

8,736 

$

—

$

26,684 

$

26,684 

Interest expense - other borrowings

—

2,205

2,746 

—

6,544

7,613 

Provision for credit losses

—

1,198

1,198 

—

2,611

2,611 

Salary and benefit expense

1,040 

8,093

9,133 

3,102 

23,401

26,503 

Segment profit

$

1,040 

$

20,232 

$

21,813 

$

3,102 

$

59,240 

$

63,411 

Other expenses - not allocated to a segment

6,015 

17,611 

Income before taxes

$

6,658 

$

18,786 

Other segment disclosures

Net occupancy

$

107

$

1,124

$

1,231

$

372

$

3,231

$

3,603

Data processing

$

57

$

1,411

$

1,468

$

144

$

4,395

$

4,539

Total assets for reportable segments

$

1,433

$

2,285,702

$

2,297,077

$

1,433

$

2,285,702

$

2,297,077


‎


‎

v3.25.3
Reclassifications
 9 Months Ended
Sep. 30, 2025
Reclassifications [Abstract]  
Reclassifications Note 18. ReclassificationsCertain 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.
v3.25.3
Basis Of Presentation (Policy)
 9 Months Ended
Sep. 30, 2025
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 September 30, 2025, 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 2024 Annual Report on Form 10-K. The consolidated results of operations for the three and nine months ended September 30, 2025 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, 2024 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 Nine Months Ended

September 30,

September 30,

(Dollars and shares in thousands, except per share data)

2025

2024

2025

2024

Weighted average shares outstanding (basic)

4,474

4,412

4,458

4,398

Impact of common stock equivalents

24

11

27

9

Weighted average shares outstanding (diluted)

4,498

4,423

4,485

4,407

Anti-dilutive options excluded from calculation

—

—

—

—

Net income

$

5,354

$

4,218

$

15,183

$

10,612

Basic earnings per share

$

1.20

$

0.96

$

3.41

$

2.41

Diluted earnings per share

$

1.19

$

0.95

$

3.39

$

2.41
v3.25.3
Recent Accounting Pronouncements (Policy)
 9 Months Ended
Sep. 30, 2025
Recent Accounting Pronouncements [Abstract]  
Recently Adopted Accounting Standards  

Recently adopted accounting standards

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 adopted the ASU as of December 31, 2024 and it did not have an effect on its consolidated 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

Effective for annual periods beginning after December 15, 2024.

Effect on the Consolidated Financial Statements

The ASU is not expected to have an impact on the Corporation's financial statements.

ASU 2023-06, 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.

   
v3.25.3
Basis Of Presentation (Tables)
 9 Months Ended
Sep. 30, 2025
Basis Of Presentation [Abstract]  
Schedule Of Earnings Per Share, Basic And Diluted

For the Three Months Ended

For the Nine Months Ended

September 30,

September 30,

(Dollars and shares in thousands, except per share data)

2025

2024

2025

2024

Weighted average shares outstanding (basic)

4,474

4,412

4,458

4,398

Impact of common stock equivalents

24

11

27

9

Weighted average shares outstanding (diluted)

4,498

4,423

4,485

4,407

Anti-dilutive options excluded from calculation

—

—

—

—

Net income

$

5,354

$

4,218

$

15,183

$

10,612

Basic earnings per share

$

1.20

$

0.96

$

3.41

$

2.41

Diluted earnings per share

$

1.19

$

0.95

$

3.39

$

2.41
v3.25.3
Accumulated Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2025
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Schedule Of Accumulated Other Comprehensive Income (Loss)

September 30,

December 31,

(Dollars in thousands)

2025

2024

Net unrealized (losses) gains on debt securities

$

(30,869)

$

(43,149)

Tax effect

6,483

9,061

Net of tax amount

$

(24,386)

$

(34,088)

Accumulated pension adjustment

$

(1,797)

$

(1,797)

Tax effect

377

377

Net of tax amount

$

(1,420)

$

(1,420)

Total accumulated other comprehensive (loss) income

$

(25,806)

$

(35,508)
v3.25.3
Investments (Tables)
 9 Months Ended
Sep. 30, 2025
Investments [Abstract]  
Unrealized Gain (Loss) On Investments

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

September 30, 2025

cost

gains

losses

Value

U.S. Treasury

$

35,958

$

—

$

(2,891)

$

33,067

Municipal

154,608

—

(17,910)

136,698

Corporate

21,482

2

(1,253)

20,231

Agency MBS & CMO

138,466

112

(6,202)

132,376

Non-Agency MBS & CMO

120,797

293

(2,320)

118,770

Asset-backed

28,398

101

(356)

28,143

Total

$

499,709

$

508

$

(30,932)

$

469,285

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

December 31, 2024

cost

gains

losses

value

U.S. Treasury

$

36,192

$

—

$

(4,395)

$

31,797

Municipal

156,528

37

(22,973)

133,592

Corporate

26,356

1

(2,133)

24,224

Agency MBS & CMO

149,003

15

(10,276)

138,742

Non-Agency MBS & CMO

154,554

45

(5,429)

149,170

Asset-backed

31,420

163

(504)

31,079

Total

$

554,053

$

261

$

(45,710)

$

508,604
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

48,468

45,527

Due after five years through ten years

94,543

84,340

Due after ten years

69,037

60,129

212,048

189,996

MBS, CMO & ABS

287,661

279,289

$

499,709

$

469,285
Schedule Of Unrealized Loss On Investments

September 30, 2025

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

$

—

$

—

—

$

33,067 

$

(2,891)

13 

$

33,067 

$

(2,891)

13 

Municipal

791 

(80)

2 

135,907 

(17,830)

163 

136,698 

(17,910)

165 

Corporate

—

—

—

18,988 

(1,253)

40 

18,988 

(1,253)

40 

Agency MBS & CMO

2,673 

(8)

15 

120,007 

(6,194)

170 

122,680 

(6,202)

185 

Non-Agency MBS & CMO

2,445 

(4)

3 

79,608 

(2,316)

43 

82,053 

(2,320)

46 

Asset-backed

1,785 

(17)

4 

15,533 

(339)

31 

17,318 

(356)

35 

Total unrealized losses

$

7,694 

$

(109)

24 

$

403,110 

$

(30,823)

460 

$

410,804 

$

(30,932)

484 

December 31, 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

$

—

$

—

—

$

31,797 

$

(4,395)

13 

$

31,797 

$

(4,395)

13 

Municipal

—

—

—

132,550 

(22,973)

164 

132,550 

(22,973)

164 

Corporate

—

—

—

23,237 

(2,133)

50 

23,237 

(2,133)

50 

Agency MBS & CMO

54,388 

(2,250)

15 

82,110 

(8,026)

183 

136,498 

(10,276)

198 

Non-Agency MBS & CMO

79,422 

(2,974)

26 

53,615 

(2,455)

50 

133,037 

(5,429)

76 

Asset-backed

733 

(1)

3 

19,061 

(503)

34 

19,794 

(504)

37 

Total unrealized losses

$

134,543 

$

(5,225)

44 

$

342,370 

$

(40,485)

494 

$

476,913 

$

(45,710)

538 
v3.25.3
Loans (Tables)
 9 Months Ended
Sep. 30, 2025
Loans [Abstract]  
Schedule Of Loans Outstanding

September 30,

December 31,

(Dollars in thousands)

2025

2024

Residential real estate 1-4 family

Consumer first liens

$

217,664

$

181,780

Commercial first lien

58,148

58,821

Total first liens

275,812

240,601

Consumer junior liens and lines of credit

84,614

76,035

Commercial junior liens and lines of credit

7,216

6,199

Total junior liens and lines of credit

91,830

82,234

Total residential real estate 1-4 family

367,642

322,835

Residential real estate - construction

Consumer

27,337

20,742

Commercial

24,415

11,685

Total residential real estate construction

51,752

32,427

Commercial real estate

904,646

803,365

Commercial

230,285

230,597

Total commercial

1,134,931

1,033,962

Consumer

9,542

8,853

1,563,867

1,398,077

Less: Allowance for credit losses

(20,352)

(17,653)

Net Loans

$

1,543,515

$

1,380,424

Included in the loan balances are the following:

Net unamortized deferred loan costs

$

1,829

$

1,766

Loans pledged as collateral for borrowings and commitments from:

FHLB

$

825,427

$

775,410

Federal Reserve Bank

197,632

96,592

$

1,023,059

$

872,002
v3.25.3
Loan Quality And Allowance For Credit Losses (Tables)
 9 Months Ended
Sep. 30, 2025
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 September 30, 2025

2025

2024

2023

2022

2021

Prior

Cost Basis

to Term

Total

Residential real estate 1-4 family:

Commercial:

Risk rating:

Pass (1-5)

$

4,899 

$

4,970 

$

9,247 

$

6,502 

$

9,179 

$

25,039 

$

5,347 

$

—

$

65,183 

OAEM (6)

—

—

—

—

—

—

—

—

—

Substandard (7)

—

—

—

—

—

181 

—

—

181 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total Commercial

4,899 

4,970 

9,247 

6,502 

9,179 

25,220 

5,347 

—

65,364 

Consumer:

Performing

30,358 

51,275 

64,259 

28,488 

13,564 

32,671 

65,371 

16,285 

302,271 

Nonperforming

—

—

—

—

—

7 

—

—

7 

Total Consumer

30,358 

51,275 

64,259 

28,488 

13,564 

32,678 

65,371 

16,285 

302,278 

Total

$

35,257 

$

56,245 

$

73,506 

$

34,990 

$

22,743 

$

57,898 

$

70,718 

$

16,285 

$

367,642 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Residential real estate construction:

Commercial:

Risk rating:

Pass (1-5)

$

4,427 

$

16,330 

$

2,162 

$

403 

$

388 

$

705 

$

—

$

—

$

24,415 

OAEM (6)

—

—

—

—

—

—

—

—

—

Substandard (7)

—

—

—

—

—

—

—

—

—

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total Commercial

4,427 

16,330 

2,162 

403 

388 

705 

—

—

24,415 

Consumer:

Performing

13,951 

13,386 

—

—

—

—

—

—

27,337 

Nonperforming

—

—

—

—

—

—

—

—

—

Total Consumer

13,951 

13,386 

—

—

—

—

—

—

27,337 

Total

$

18,378 

$

29,716 

$

2,162 

$

403 

$

388 

$

705 

$

—

$

—

$

51,752 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Commercial real estate:

Risk rating:

Pass (1-5)

$

111,137 

$

122,903 

216,532 

96,841 

$

85,782 

$

214,240 

$

11,089 

$

—

$

858,524 

OAEM (6)

—

—

3,598 

7,051 

695 

7,306 

—

—

18,650 

Substandard (7)

—

—

22,240 

239 

—

4,943 

50 

—

27,472 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total

$

111,137 

$

122,903 

$

242,370 

$

104,131 

$

86,477 

$

226,489 

$

11,139 

$

—

$

904,646 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Commercial:

Risk rating:

Pass (1-5)

$

13,915 

$

23,967 

$

13,104 

$

21,383 

$

35,144 

$

70,327 

$

45,297 

$

—

$

223,137 

OAEM (6)

—

521 

9 

1,053 

1,368 

2 

3,733 

—

6,686 

Substandard (7)

—

—

—

—

—

—

462 

—

462 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total

$

13,915 

$

24,488 

$

13,113 

$

22,436 

$

36,512 

$

70,329 

$

49,492 

$

—

$

230,285 

Current period gross charge-offs

$

(6)

$

—

$

(15)

$

—

$

—

$

(8)

$

—

$

—

$

(29)

Consumer:

Performing

1,868 

1,409 

844 

241 

1,548 

12 

3,615 

—

9,537 

Nonperforming

—

—

—

—

—

—

5 

—

5 

Total

$

1,868 

$

1,409 

$

844 

$

241 

$

1,548 

$

12 

$

3,620 

$

—

$

9,542 

Current period gross charge-offs

$

(53)

$

(5)

$

(6)

$

(1)

$

(1)

$

(2)

$

(18)

$

—

$

(86)


‎

(Dollars in thousands)

Revolving

Revolving

Term Loans

Loans

Loans

Amortized Cost Basis by Origination Year

Amortized

Converted

As of December 31, 2024

2024

2023

2022

2021

2020

Prior

Cost Basis

to Term

Total

Residential real estate 1-4 family:

Commercial:

Risk rating:

Pass (1-5)

$

5,306 

$

9,436 

$

7,529 

$

10,133 

$

8,099 

$

20,251 

$

4,079 

$

—

$

64,833 

OAEM (6)

—

—

—

—

—

—

—

—

—

Substandard (7)

—

—

—

—

—

—

187 

—

187 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total Commercial

5,306 

9,436 

7,529 

10,133 

8,099 

20,251 

4,266 

—

65,020 

Consumer:

Performing

36,214 

67,248 

31,290 

14,303 

9,014 

27,744 

54,147 

17,855 

257,815 

Nonperforming

—

—

—

—

—

—

—

—

—

Total Consumer

36,214 

67,248 

31,290 

14,303 

9,014 

27,744 

54,147 

17,855 

257,815 

Total

$

41,520 

$

76,684 

$

38,819 

$

24,436 

$

17,113 

$

47,995 

$

58,413 

$

17,855 

$

322,835 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Residential real estate construction:

Commercial:

Risk rating:

Pass (1-5)

$

5,582 

$

3,306 

$

403 

$

1,150 

$

159 

$

1,085 

$

—

$

—

$

11,685 

OAEM (6)

—

—

—

—

—

—

—

—

—

Substandard (7)

—

—

—

—

—

—

—

—

—

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total Commercial

5,582 

3,306 

403 

1,150 

159 

1,085 

—

—

11,685 

Consumer:

Performing

19,907 

835 

—

—

—

—

—

—

20,742 

Nonperforming

—

—

—

—

—

—

—

—

—

Total Consumer

19,907 

835 

—

—

—

—

—

—

20,742 

Total

$

25,489 

$

4,141 

$

403 

$

1,150 

$

159 

$

1,085 

$

—

$

—

$

32,427 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Commercial real estate:

Risk rating:

Pass (1-5)

$

95,410 

$

221,889 

$

106,385 

$

93,228 

$

32,546 

$

218,875 

$

16,290 

$

—

$

784,623 

OAEM (6)

—

—

1,772 

1,711 

6,624 

—

—

—

10,107 

Substandard (7)

—

6,301 

266 

—

—

2,018 

50 

—

8,635 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total

$

95,410 

$

228,190 

$

108,423 

$

94,939 

$

39,170 

$

220,893 

$

16,340 

$

—

$

803,365 

Current period gross charge-offs

$

—

$

—

$

—

$

—

$

—

$

(2)

$

—

$

—

$

(2)

Commercial:

Risk rating:

Pass (1-5)

$

25,398 

$

16,289 

$

27,545 

$

37,927 

$

18,196 

$

60,126 

$

42,595 

$

—

$

228,076 

OAEM (6)

—

11 

420 

1,500 

9 

—

250 

—

2,190 

Substandard (7)

—

—

—

—

58 

—

273 

—

331 

Doubtful (8)

—

—

—

—

—

—

—

—

—

Total

$

25,398 

$

16,300 

$

27,965 

$

39,427 

$

18,263 

$

60,126 

$

43,118 

$

—

$

230,597 

Current period gross charge-offs

$

(11)

$

—

$

(287)

$

—

$

—

$

—

$

(161)

$

—

$

(459)

Consumer:

Performing

2,289 

1,140 

386 

1,682 

36 

27 

3,291 

—

8,851 

Nonperforming

—

—

—

1 

—

—

1 

—

2 

Total

$

2,289 

$

1,140 

$

386 

$

1,683 

$

36 

$

27 

$

3,292 

$

—

$

8,853 

Current period gross charge-offs

$

(44)

$

—

$

—

$

—

$

(6)

$

—

$

(49)

$

—

$

(99)
Schedule Of Nonaccrual Loans And Loans Past Due Over 90 Days And Still On Accrual By Class Of Loans

September 30, 2025

December 31, 2024

(Dollars in thousands)

Nonaccrual and Loans past due 90 Days or more

Nonaccrual and Loans past due 90 Days or more

Loans past due

Loans past due

Nonaccrual

Nonaccrual

90 Days or more

Nonaccrual

Nonaccrual

90 Days or more

Without ACL

With ACL

Still Accruing

Without ACL

With ACL

Still Accruing

September 30, 2025

Residential Real Estate 1-4 Family

First liens

$

—

$

—

$

7 

$

—

$

—

$

—

Junior liens and lines of credit

—

—

—

—

—

—

Total

—

—

7 

—

—

—

Residential real estate - construction

—

—

—

—

—

—

Commercial real estate

3,406 

7,266 

—

266 

—

—

Commercial

—

—

—

—

—

—

Consumer

—

—

5 

—

—

2 

Total

$

3,406 

$

7,266 

$

12 

$

266 

$

—

$

2 
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

September 30, 2025

Residential Real Estate 1-4 Family

First liens

$

420 

$

672 

$

7 

$

1,099 

$

274,713 

$

275,812 

Junior liens and lines of credit

365 

160 

—

525 

91,305 

91,830 

Total

785 

832 

7 

1,624 

366,018 

367,642 

Residential real estate - construction

—

—

—

—

51,752 

51,752 

Commercial real estate

756 

552 

3,167 

4,475 

900,171 

904,646 

Commercial

306 

—

—

306 

229,979 

230,285 

Consumer

24 

4 

5 

33 

9,509 

9,542 

Total

$

1,871 

$

1,388 

$

3,179 

$

6,438 

$

1,557,429 

$

1,563,867 

Loans Past Due

Total

Total

30-59 Days

60-89 Days

90 Days+

Past Due

Current

Loans

December 31, 2024

Residential Real Estate 1-4 Family

First liens

$

203 

$

640 

$

—

$

843 

$

239,758 

$

240,601 

Junior liens and lines of credit

241 

160 

—

401 

81,833 

82,234 

Total

444 

800 

—

1,244 

321,591 

322,835 

Residential real estate - construction

—

—

—

—

32,427 

32,427 

Commercial real estate

380 

219 

—

599 

802,766 

803,365 

Commercial

747 

50 

266 

1,063 

229,534 

230,597 

Consumer

30 

4 

2 

36 

8,817 

8,853 

Total

$

1,601 

$

1,073 

$

268 

$

2,942 

$

1,395,135 

$

1,398,077 
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

Total

ACL at June 30, 2025

$

1,637 

$

488 

$

561 

$

12,852 

$

3,460 

$

124 

$

19,122 

Charge-offs

—

—

—

—

(16)

(25)

(41)

Recoveries

—

—

8 

—

10 

2 

20 

Provision

24 

18 

55 

1,275 

(166)

45 

1,251 

ACL at September 30, 2025

$

1,661 

$

506 

$

624 

$

14,127 

$

3,288 

$

146 

$

20,352 

ACL at December 31, 2024

$

1,497 

$

461 

$

376 

$

12,004 

$

3,182 

$

133 

$

17,653 

Charge-offs

—

—

—

—

(29)

(86)

(115)

Recoveries

—

—

11 

—

85 

14 

110 

Provision

164 

45 

237 

2,123 

50 

85 

2,704 

ACL at September 30, 2025

$

1,661 

$

506 

$

624 

$

14,127 

$

3,288 

$

146 

$

20,352 

ACL at June 30, 2024

$

1,384 

$

429 

$

318 

$

11,423 

$

3,364 

$

100 

$

17,018 

Charge-offs

—

—

—

—

(2)

(25)

(27)

Recoveries

—

—

4 

3 

32 

3 

42 

Provision

81 

26 

9 

230 

95 

33 

474 

ACL at September 30, 2024

$

1,465 

$

455 

$

331 

$

11,656 

$

3,489 

$

111 

$

17,507 

ACL at December 31, 2023

$

1,296 

$

419 

$

296 

$

10,657 

$

3,290 

$

94 

$

16,052 

Charge-offs

—

—

—

(2)

(151)

(71)

(224)

Recoveries

—

—

11 

3 

112 

29 

155 

Provision

169 

36 

24 

998 

238 

59 

1,524 

ACL at September 30, 2024

$

1,465 

$

455 

$

331 

$

11,656 

$

3,489 

$

111 

$

17,507 
v3.25.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule Of Lease Costs

Three Months Ended
‎September 30,

Nine Months Ended
‎September 30,

(Dollars in thousands)

2025

2024

2025

2024

Operating lease cost

$

179

$

192

$

538

$

581

Short-term lease cost

4

1

12

3

Variable lease cost

41

31

121

118

Total lease cost

$

224

$

224

$

671

$

702
Schedule Of Measurement Of Lease Liabilities

Nine Months Ended
‎September 30,

(Dollars in thousands)

2025

2024

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

535

$

556

Weighted-average remaining lease term (years)

11.2

11.6

Weighted-average discount rate

3.56%

3.46%
Schedule Of Future Minimum Payments Operating Leases

(Dollars in thousands)

2025

$

178

2026

597

2027

455

2028

416

2029

420

2030 and beyond

2,808

Undiscounted cash flow

4,874

Imputed Interest

(906)

Total lease liability

$

3,968
v3.25.3
Derivatives (Tables)
 9 Months Ended
Sep. 30, 2025
Derivatives [Abstract]  
Schedule Of Fair Value Of Derivative Instruments

(Dollars in thousands)

As of September 30, 2025

As of December 31, 2024

Notional amount

Balance Sheet Location

Fair Value

Notional amount

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments

Interest rate swaps

$

102,992

Other Liabilities

$

429 

$

111,087 

Other Assets

$

2,275 

Total derivatives designated as hedging instruments

$

429 

$

2,275 

Derivatives not designated as hedging instruments

Other Contracts

$

5,907

Other Liabilities

$

—

$

6,064 

Other Liabilities

$

—

Total derivatives not designated as hedging instruments

$

—

$

—
Schedule Of Effect Of Derivative Designated Instruments On The Statement Of Income

Effect of Derivatives Designated as Hedging Instruments on the Statement of Financial Performance

Derivatives 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

Three Months Ended

Nine Months Ended

(Dollars in thousands)

September 30,

September 30,

2025

2024

2025

2024

Interest rate swaps

Investment income

$

210

$

-

$

611

$

-
Schedule Of Effect Of Derivative Not Designated Instruments On The Statement Of Income

Effect of Derivatives Not Designated as Hedging Instruments on the Statement of Financial Performance

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

Three Months Ended

Nine Months Ended

(Dollars in thousands)

September 30,

September 30,

2025

2024

2025

2024

Other Contracts

Other income

$

-

$

-

$

-

$

1
Schedule Of Derivative Financial Instrument

Carrying amount of the hedged items

Cumulative amount of fair value hedging instruments

(Dollars in thousands)

As of September 30,

As of September 30,

2025

2024

2025

2024

Investment securities, AFS (1)

$

105,884

$

-

$

445

$

-

(1)The amounts represent the amortized cost basis of closed portfolios used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolio anticipated to be outstanding for the designated hedge period. At September 30, 2025, the fair value of the closed portfolio used in these hedging relationships was $104.4 million and the notional amount was $123.6 million.  
v3.25.3
Pension (Tables)
 9 Months Ended
Sep. 30, 2025
Pension [Abstract]  
Schedule Of Net Periodic Pension Costs

Three Months Ended

Nine Months Ended

September 30,

September 30,

(Dollars in thousands)

2025

2024

2025

2024

Components of net periodic cost:

Service cost

$

53

$

56

$

159

$

159

Interest cost

199

193

598

574

Expected return on plan assets

(206)

(215)

(620)

(647)

Recognized net actuarial loss

24

15

68

30

Total pension expense

$

70

$

49

$

205

$

116
v3.25.3
Fair Value Measurements And Fair Values Of Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2025
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 September 30, 2025

Assets

Basis

Level 1

Level 2

Level 3

Total

Available for sale:

U.S. Treasury

33,067 

—

—

33,067 

Municipal

—

136,698 

—

136,698 

Corporate

—

20,231 

—

20,231 

Agency MBS & CMO

—

132,376 

—

132,376 

Non-Agency MBS & CMO

—

118,770 

—

118,770 

Asset-backed

—

28,143 

—

28,143 

Total available for sale

Recurring

$

33,067 

$

436,218 

$

—

$

469,285 

Collateral dependent loans (1)

Nonrecurring

—

—

6,372 

6,372 

Liabilities

Derivatives

Recurring

—

429 

—

429 

(Dollars in thousands)

Fair Value at December 31, 2024

Assets

Basis

Level 1

Level 2

Level 3

Total

Equity securities, at fair value

Recurring

$

166 

$

—

$

—

$

166 

Available for sale:

U.S. Treasury

31,797 

—

—

31,797 

Municipal

—

133,592 

—

133,592 

Corporate

—

24,224 

—

24,224 

Agency MBS & CMO

—

138,742 

—

138,742 

Non-Agency MBS & CMO

—

149,170 

—

149,170 

Asset-backed

31,079 

31,079 

Total available for sale

Recurring

$

31,963 

$

476,807 

$

—

$

508,770 

Collateral dependent loans (1)

Nonrecurring

—

—

380 

380 

Derivatives

Recurring

—

2,275 

—

2,275 

(1)Collateral dependent loans are reported at the fair value of the underlying collateral if repayment is expected solely from the collateral. Collateral values are estimated using Level 3 inputs based on customized discounting criteria.
Fair Value Inputs, Assets, Quantitative Information

(Dollars in thousands)

Range

September 30, 2025

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Appraisal Adjustment on:

Collateral Dependent

$

6,372

Appraisal

Real estate assets

20%

Cost to sell

10%

Range

December 31, 2024

Fair Value

Valuation Technique

Unobservable Input

(Weighted Average)

Collateral Dependent

$

380

Appraisal

Appraisal Adjustment on:

Real estate assets

100% (100%)

Cost to sell

10%
Fair Value, By Balance Sheet Grouping

September 30, 2025

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

188,144

$

188,144

$

188,144

$

—

$

—

Long-term interest-earning deposits in other banks

999

999

999

—

—

Loans held for sale

1,420

1,445

—

1,445

—

Net loans

1,543,515

1,535,966

—

—

1,535,966

Accrued interest receivable

7,642

7,642

—

—

7,642

Financial liabilities:

Deposits

$

1,902,895

$

1,903,051

$

—

$

1,903,051

$

—

FHLB advances

200,000

201,854

—

201,854

—

Subordinate notes

10,841

9,532

—

9,532

—

Accrued interest payable

3,803

3,803

—

3,803

—

December 31, 2024

Carrying

Fair

(Dollars in thousands)

Amount

Value

Level 1

Level 2

Level 3

Financial assets, carried at cost:

Cash and cash equivalents

$

203,613

$

203,613

$

203,613

$

—

$

—

Long-term interest-earning deposits in other banks

1,499

1,499

1,499

Loans held for sale

2,470

2,470

—

2,470

—

Net loans

1,380,424

1,351,450

—

—

1,351,450

Accrued interest receivable

7,348

7,348

—

—

7,348

Financial liabilities:

Deposits

$

1,815,647

$

1,814,479

$

—

$

1,814,479

$

—

FHLB Advances

200,000

200,883

200,883

Subordinate notes

19,699

18,032

—

18,032

—

Accrued interest payable

4,689

4,689

—

4,689

—
v3.25.3
Deposits (Tables)
 9 Months Ended
Sep. 30, 2025
Deposits [Abstract]  
Schedule Of Deposits

September 30,

December 31,

(Dollars in thousands)

2025

2024

Noninterest-bearing checking

$

311,925

$

290,346

Interest-bearing checking

424,902

417,870

Money management

785,186

694,880

Savings

94,738

96,646

Total interest-bearing checking and savings

1,304,826

1,209,396

Time deposits

199,087

228,848

Time - brokered deposits

87,057

87,057

Total time deposits

286,144

315,905

Total deposits

$

1,902,895

$

1,815,647

Overdrawn deposit accounts reclassified as loans

$

472

$

136
v3.25.3
Capital Ratios (Tables)
 9 Months Ended
Sep. 30, 2025
Capital Ratios [Abstract]  
Schedule Of The Total Risk-based, Tier 1 Risk-based And Tier 1 Leverage Requirements

Regulatory Ratios

Adequately

Well

September 30,

December 31,

Capitalized

Capitalized

(Dollars in thousands)

2025

2024

Minimum

Minimum

Common Equity Tier 1 Risk-based Capital Ratio (1)

Franklin Financial Services Corporation

11.05%

11.31%

N/A

N/A

Farmers & Merchants Trust Company

11.63%

11.71%

4.50%

6.50%

Tier 1 Risk-based Capital Ratio (2)

Franklin Financial Services Corporation

11.05%

11.31%

N/A

N/A

Farmers & Merchants Trust Company

11.63%

11.71%

6.00%

8.00%

Total Risk-based Capital Ratio (3)

Franklin Financial Services Corporation

12.86%

13.85%

N/A

N/A

Farmers & Merchants Trust Company

12.88%

12.96%

8.00%

10.00%

Tier 1 Leverage Ratio (4)

Franklin Financial Services Corporation

7.90%

7.92%

N/A

N/A

Farmers & Merchants Trust Company

8.32%

8.20%

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
v3.25.3
Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue Recognition [Abstract]  
Schedule Of Wealth Management Fees

For the Three Months Ended

For the Nine Months Ended

(Dollars in thousands)

September 30,

September 30,

Wealth Management Fees

2025

2024

2025

2024

Asset Management Fees

$

2,074

$

1,910

$

6,274

$

5,794

Estate Management Fees

102

143

384

358

Commissions

88

44

239

214

Total

$

2,264

$

2,097

$

6,897

$

6,366
v3.25.3
Commitments And Contingencies (Tables)
 9 Months Ended
Sep. 30, 2025
Commitments And Contingencies [Abstract]  
Outstanding Commitments

September 30,

December 31,

(Dollars in thousands)

2025

2024

Financial instruments whose contract amounts represent credit risk

Commercial commitments to extend credit

$

300,729

$

328,806

Consumer commitments to extend credit (secured)

147,130

135,776

Consumer commitments to extend credit (unsecured)

7,840

5,352

$

455,699

$

469,934

Standby letters of credit

$

28,323

$

28,815

ACL - Unfunded Commitments (1)

$

1,937

$

2,030

(1) Reported in Other Liabilities on the Consolidated Balance Sheets
v3.25.3
Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information

For the Three Months Ended

For the Nine Months Ended

September 30, 2025

September 30, 2025

Reportable Segments

Reportable Segments

(Dollars in thousands)

Wealth

Community Banking

Consolidated Total

Wealth

Community Banking

Consolidated Total

Interest income - loans, including fees

$

—

$

22,923 

$

22,923 

$

—

$

64,212 

$

64,212 

Interest income - investments

—

4,804 

4,804 

—

15,072 

15,072 

Interest income - interest-earning deposits in other banks

—

1,948 

1,948 

—

6,049 

6,049 

Wealth fee income

2,264 

—

2,264 

6,897 

—

6,897 

Total segment income

$

2,264 

$

29,675 

$

31,939 

$

6,897 

$

85,333 

$

92,230 

Reconciliation of revenue

Other revenue - not allocated to a segment

2,547 

7,578 

Total consolidated revenue

$

34,486 

$

99,808 

Less:

Interest expense - deposits

$

—

$

8,736 

$

8,736 

$

—

$

26,684 

$

26,684 

Interest expense - other borrowings

—

2,205

2,746 

—

6,544

7,613 

Provision for credit losses

—

1,198

1,198 

—

2,611

2,611 

Salary and benefit expense

1,040 

8,093

9,133 

3,102 

23,401

26,503 

Segment profit

$

1,040 

$

20,232 

$

21,813 

$

3,102 

$

59,240 

$

63,411 

Other expenses - not allocated to a segment

6,015 

17,611 

Income before taxes

$

6,658 

$

18,786 

Other segment disclosures

Net occupancy

$

107

$

1,124

$

1,231

$

372

$

3,231

$

3,603

Data processing

$

57

$

1,411

$

1,468

$

144

$

4,395

$

4,539

Total assets for reportable segments

$

1,433

$

2,285,702

$

2,297,077

$

1,433

$

2,285,702

$

2,297,077


‎


‎

For the Three Months Ended

For the Nine Months Ended

September 30, 2024

September 30, 2024

Reportable Segments

Reportable Segments

(Dollars in thousands)

Wealth

Community Banking

Consolidated Total

Wealth

Community Banking

Consolidated Total

Interest income - loans, including fees

$

—

$

19,082 

$

19,082 

$

—

$

54,363 

$

54,363 

Interest income - investments

—

4,509 

4,511 

—

13,119 

13,124 

Interest income - interest-earning deposits in other banks

—

2,460 

2,460 

—

7,107 

7,107 

Wealth fee income

2,097 

—

2,097 

6,366 

—

6,366 

Total segment income

$

2,097 

$

26,051 

$

28,150 

$

6,366 

$

74,589 

$

80,960 

Reconciliation of revenue

Other revenue - not allocated to a segment

2,756 

7,026 

Total consolidated revenue

$

30,906 

$

87,986 

Less:

Interest expense - deposits

$

—

$

8,127 

$

8,127 

$

—

$

21,649 

$

21,649 

Interest expense - other borrowings

—

3,010

3,274 

—

9,738 

10,527 

Provision for credit losses

—

485 

485 

—

1,483

1,483 

Salary and benefit expense

931 

7,150

8,081 

2,853 

21,360

24,213 

Segment profit

$

931 

$

18,772 

$

19,967 

$

2,853 

$

54,230 

$

57,872 

Other expenses - not allocated to a segment

5,836 

17,348 

Income before taxes

$

5,103 

$

12,766 

Other segment disclosures

Net occupancy

$

108

$

1,042

$

1,150

$

378

$

3,102

$

3,480

Data processing

$

41

$

1,398

$

1,439

$

116

$

4,205

$

4,321

Total assets for reportable segments

$

1,532

$

2,037,744

$

2,151,363

$

1,532

$

2,037,744

$

2,151,363
v3.25.3
Basis Of Presentation (Schedule Of Earnings Per Share, Basic And Diluted) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Basis Of Presentation [Abstract]        
Weighted average shares outstanding (basic) 4,474 4,412 4,458 4,398
Impact of common stock equivalents 24 11 27 9
Weighted average shares outstanding (diluted) 4,498 4,423 4,485 4,407
Net income $ 5,354 $ 4,218 $ 15,183 $ 10,612
Basic earnings per share $ 1.20 $ 0.96 $ 3.41 $ 2.41
Diluted earnings per share $ 1.19 $ 0.95 $ 3.39 $ 2.41
v3.25.3
Accumulated Other Comprehensive Income (Loss) (Schedule Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Total shareholders' equity $ 166,343 $ 157,364 $ 144,716 $ 149,928 $ 136,809 $ 132,136
Accumulated Other Comprehensive (Loss) Income, Debt Securities [Member]            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Accumulated other comprehensive loss, Before tax (30,869)   (43,149)      
Accumulated other comprehensive loss, Tax effect 6,483   9,061      
Total shareholders' equity (24,386)   (34,088)      
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Accumulated other comprehensive loss, Before tax (1,797)   (1,797)      
Accumulated other comprehensive loss, Tax effect 377   377      
Total shareholders' equity (1,420)   (1,420)      
Accumulated Other Comprehensive Income (Loss) [Member]            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Total shareholders' equity $ (25,806) $ (30,784) $ (35,508) $ (30,885) $ (40,881) $ (40,940)
v3.25.3
Investments (Narrative) (Details)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
USD ($)
item
security
Dec. 31, 2024
USD ($)
security
Sep. 30, 2024
USD ($)
Schedule of Available-for-sale Securities [Line Items]      
Fair value $ 469,285 $ 508,604  
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 10.00%    
Number of debt securities | security 484 538  
Fair Value $ 410,804 $ 476,913  
Unrealized Losses 30,932 45,710 $ 14,800
Public Funds And Trust Deposits [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Fair value $ 386,900 $ 207,200  
v3.25.3
Investments (Unrealized Gain (Loss) On Investments) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Schedule of Available-for-sale Securities [Line Items]    
Amortized cost $ 499,709 $ 554,053
Gross unrealized gains 508 261
Gross unrealized losses (30,932) (45,710)
Fair value 469,285 508,604
U.S Treasury [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized cost 35,958 36,192
Gross unrealized losses (2,891) (4,395)
Fair value 33,067 31,797
Municipal [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized cost 154,608 156,528
Gross unrealized gains   37
Gross unrealized losses (17,910) (22,973)
Fair value 136,698 133,592
Corporate [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized cost 21,482 26,356
Gross unrealized gains 2 1
Gross unrealized losses (1,253) (2,133)
Fair value 20,231 24,224
Agency MBS & CMO [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized cost 138,466 149,003
Gross unrealized gains 112 15
Gross unrealized losses (6,202) (10,276)
Fair value 132,376 138,742
Non-Agency MBS & CMO [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized cost 120,797 154,554
Gross unrealized gains 293 45
Gross unrealized losses (2,320) (5,429)
Fair value 118,770 149,170
Asset-Backed [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized cost 28,398 31,420
Gross unrealized gains 101 163
Gross unrealized losses (356) (504)
Fair value $ 28,143 $ 31,079
v3.25.3
Investments (Amortized Cost And Fair Value Of Debt Securities, By Contractual Maturity) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Investments [Abstract]    
Due after one year through five years, Amortized cost $ 48,468  
Due after five years through ten years, Amortized cost 94,543  
Due after ten years, Amortized cost 69,037  
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Amortized Cost, Total 212,048  
Mortgage-backed securities, Amortized cost 287,661  
Amortized cost 499,709 $ 554,053
Due after one year through five years, Fair value 45,527  
Due after five years through ten years, Fair value 84,340  
Due after ten years, Fair value 60,129  
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Fair Value, Total 189,996  
Mortgage-backed securities, Fair value 279,289  
Fair Value $ 469,285 $ 508,604
v3.25.3
Investments (Schedule Of Unrealized Loss On Investments) (Details)
$ in Thousands
Sep. 30, 2025
USD ($)
security
Dec. 31, 2024
USD ($)
security
Sep. 30, 2024
USD ($)
Schedule of Available-for-sale Securities [Line Items]      
Less than 12 months: Fair Value $ 7,694 $ 134,543  
Less than 12 months: Unrealized Losses $ (109) $ (5,225)  
Less than 12 months: Count | security 24 44  
12 months or more: Fair Value $ 403,110 $ 342,370  
12 months or more: Unrealized Losses $ (30,823) $ (40,485)  
12 months or more: Count | security 460 494  
Fair Value $ 410,804 $ 476,913  
Unrealized Losses $ (30,932) $ (45,710) $ (14,800)
Count | security 484 538  
U.S Treasury [Member]      
Schedule of Available-for-sale Securities [Line Items]      
12 months or more: Fair Value $ 33,067 $ 31,797  
12 months or more: Unrealized Losses $ (2,891) $ (4,395)  
12 months or more: Count | security 13 13  
Fair Value $ 33,067 $ 31,797  
Unrealized Losses $ (2,891) $ (4,395)  
Count | security 13 13  
Municipal [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Less than 12 months: Fair Value $ 791    
Less than 12 months: Unrealized Losses $ (80)    
Less than 12 months: Count | security 2    
12 months or more: Fair Value $ 135,907 $ 132,550  
12 months or more: Unrealized Losses $ (17,830) $ (22,973)  
12 months or more: Count | security 163 164  
Fair Value $ 136,698 $ 132,550  
Unrealized Losses $ (17,910) $ (22,973)  
Count | security 165 164  
Corporate [Member]      
Schedule of Available-for-sale Securities [Line Items]      
12 months or more: Fair Value $ 18,988 $ 23,237  
12 months or more: Unrealized Losses $ (1,253) $ (2,133)  
12 months or more: Count | security 40 50  
Fair Value $ 18,988 $ 23,237  
Unrealized Losses $ (1,253) $ (2,133)  
Count | security 40 50  
Agency MBS & CMO [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Less than 12 months: Fair Value $ 2,673 $ 54,388  
Less than 12 months: Unrealized Losses $ (8) $ (2,250)  
Less than 12 months: Count | security 15 15  
12 months or more: Fair Value $ 120,007 $ 82,110  
12 months or more: Unrealized Losses $ (6,194) $ (8,026)  
12 months or more: Count | security 170 183  
Fair Value $ 122,680 $ 136,498  
Unrealized Losses $ (6,202) $ (10,276)  
Count | security 185 198  
Non-Agency MBS & CMO [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Less than 12 months: Fair Value $ 2,445 $ 79,422  
Less than 12 months: Unrealized Losses $ (4) $ (2,974)  
Less than 12 months: Count | security 3 26  
12 months or more: Fair Value $ 79,608 $ 53,615  
12 months or more: Unrealized Losses $ (2,316) $ (2,455)  
12 months or more: Count | security 43 50  
Fair Value $ 82,053 $ 133,037  
Unrealized Losses $ (2,320) $ (5,429)  
Count | security 46 76  
Asset-Backed [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Less than 12 months: Fair Value $ 1,785 $ 733  
Less than 12 months: Unrealized Losses $ (17) $ (1)  
Less than 12 months: Count | security 4 3  
12 months or more: Fair Value $ 15,533 $ 19,061  
12 months or more: Unrealized Losses $ (339) $ (503)  
12 months or more: Count | security 31 34  
Fair Value $ 17,318 $ 19,794  
Unrealized Losses $ (356) $ (504)  
Count | security 35 37  
v3.25.3
Loans (Schedule Of Loans Outstanding) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans $ 1,563,867   $ 1,398,077      
Less: Allowance for credit losses (20,352) $ (19,122) (17,653) $ (17,507) $ (17,018) $ (16,052)
Net Loans 1,543,515   1,380,424      
Net unamortized deferred loan costs 1,829   1,766      
Net loans 1,023,059   872,002      
Residential Real Estate [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 367,642   322,835      
Residential Real Estate - Construction [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 51,752   32,427      
Less: Allowance for credit losses (624) (561) (376) (331) (318) (296)
Commercial Real Estate [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 904,646   803,365      
Less: Allowance for credit losses (14,127) (12,852) (12,004) (11,656) (11,423) (10,657)
Commercial [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 230,285   230,597      
Less: Allowance for credit losses (3,288) (3,460) (3,182) (3,489) (3,364) (3,290)
Total Commercial [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 1,134,931   1,033,962      
Consumer [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 9,542   8,853      
Less: Allowance for credit losses (146) (124) (133) (111) (100) (94)
Consumer First Liens [Member] | Residential Real Estate [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 217,664   181,780      
Consumer Junior Liens And Lines Of Credit [Member] | Residential Real Estate [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 84,614   76,035      
Consumer [Member] | Residential Real Estate - Construction [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 27,337   20,742      
Commercial First Lien [Member] | Residential Real Estate [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 58,148   58,821      
Commercial Junior Liens And Lines Of Credit [Member] | Residential Real Estate [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 7,216   6,199      
Commercial [Member] | Residential Real Estate - Construction [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 24,415   11,685      
First Liens [Member] | Residential Real Estate [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 275,812   240,601      
Less: Allowance for credit losses (1,661) $ (1,637) (1,497) $ (1,465) $ (1,384) $ (1,296)
Junior Lines And Lines Of Credit [Member] | Residential Real Estate [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans 91,830   82,234      
FHLB [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Net loans 825,427   775,410      
Federal Reserve Bank Borrowings [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Net loans $ 197,632   $ 96,592      
v3.25.3
Loan Quality And Allowance for Credit Losses (Narrative) (Details)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
loan
Sep. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Financing Receivable, Allowance for Credit Losses [Line Items]          
Loan deferrals or modifications $ 0   $ 0   $ 0
Number of commercial loans | loan     2    
Loans modified     $ 0   0
Loans to borrowers 0 $ 0 0 $ 0  
Construction Loans [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Specific reserve for credit loss 894,000   894,000    
Collateral Dependent [Member] | Commercial Real Estate [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Collateral dependent loan 10,200,000   10,200,000   $ 266,000
Collateral Dependent [Member] | Commercial [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Collateral dependent loan 7,300,000   7,300,000    
Collateral Dependent [Member] | Hotel Construction [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Collateral dependent loan 2,900,000   2,900,000    
OAEM [Member] | Related Party Of Bank Director [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Collateral dependent loan $ 4,700,000   $ 4,700,000    
v3.25.3
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 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Financing Receivable, Allowance for Credit Losses [Line Items]          
Total $ 1,563,867   $ 1,563,867   $ 1,398,077
Current period gross charge-offs, total (41) $ (27) (115) $ (224)  
Residential Real Estate [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 35,257   35,257   41,520
Term loans, one year before current fiscal year 56,245   56,245   76,684
Term loans, two years before current fiscal year 73,506   73,506   38,819
Term loans, three years before current fiscal year 34,990   34,990   24,436
Term loans, four years before current fiscal year 22,743   22,743   17,113
Term loans, more than four years before current fiscal year 57,898   57,898   47,995
Revolving loans amortized cost basis 70,718   70,718   58,413
Revolving loans converted to term 16,285   16,285   17,855
Total 367,642   367,642   322,835
Residential Real Estate [Member] | Residential Real Estate Commercial [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 4,899   4,899   5,306
Term loans, one year before current fiscal year 4,970   4,970   9,436
Term loans, two years before current fiscal year 9,247   9,247   7,529
Term loans, three years before current fiscal year 6,502   6,502   10,133
Term loans, four years before current fiscal year 9,179   9,179   8,099
Term loans, more than four years before current fiscal year 25,220   25,220   20,251
Revolving loans amortized cost basis 5,347   5,347   4,266
Total 65,364   65,364   65,020
Residential Real Estate [Member] | Residential Real Estate Commercial [Member] | Pass [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 4,899   4,899   5,306
Term loans, one year before current fiscal year 4,970   4,970   9,436
Term loans, two years before current fiscal year 9,247   9,247   7,529
Term loans, three years before current fiscal year 6,502   6,502   10,133
Term loans, four years before current fiscal year 9,179   9,179   8,099
Term loans, more than four years before current fiscal year 25,039   25,039   20,251
Revolving loans amortized cost basis 5,347   5,347   4,079
Total 65,183   65,183   64,833
Residential Real Estate [Member] | Residential Real Estate Commercial [Member] | Substandard [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, more than four years before current fiscal year 181   181    
Revolving loans amortized cost basis         187
Total 181   181   187
Residential Real Estate [Member] | Residential Real Estate Consumer [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 30,358   30,358   36,214
Term loans, one year before current fiscal year 51,275   51,275   67,248
Term loans, two years before current fiscal year 64,259   64,259   31,290
Term loans, three years before current fiscal year 28,488   28,488   14,303
Term loans, four years before current fiscal year 13,564   13,564   9,014
Term loans, more than four years before current fiscal year 32,678   32,678   27,744
Revolving loans amortized cost basis 65,371   65,371   54,147
Revolving loans converted to term 16,285   16,285   17,855
Total 302,278   302,278   257,815
Residential Real Estate [Member] | Residential Real Estate Consumer [Member] | Performing [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 30,358   30,358   36,214
Term loans, one year before current fiscal year 51,275   51,275   67,248
Term loans, two years before current fiscal year 64,259   64,259   31,290
Term loans, three years before current fiscal year 28,488   28,488   14,303
Term loans, four years before current fiscal year 13,564   13,564   9,014
Term loans, more than four years before current fiscal year 32,671   32,671   27,744
Revolving loans amortized cost basis 65,371   65,371   54,147
Revolving loans converted to term 16,285   16,285   17,855
Total 302,271   302,271   257,815
Residential Real Estate [Member] | Residential Real Estate Consumer [Member] | Nonperforming [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, more than four years before current fiscal year 7   7    
Total 7   7    
Residential Real Estate - Construction [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 18,378   18,378   25,489
Term loans, one year before current fiscal year 29,716   29,716   4,141
Term loans, two years before current fiscal year 2,162   2,162   403
Term loans, three years before current fiscal year 403   403   1,150
Term loans, four years before current fiscal year 388   388   159
Term loans, more than four years before current fiscal year 705   705   1,085
Total 51,752   51,752   32,427
Residential Real Estate - Construction [Member] | Residential Real Estate Commercial [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 4,427   4,427   5,582
Term loans, one year before current fiscal year 16,330   16,330   3,306
Term loans, two years before current fiscal year 2,162   2,162   403
Term loans, three years before current fiscal year 403   403   1,150
Term loans, four years before current fiscal year 388   388   159
Term loans, more than four years before current fiscal year 705   705   1,085
Total 24,415   24,415   11,685
Residential Real Estate - Construction [Member] | Residential Real Estate Commercial [Member] | Pass [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 4,427   4,427   5,582
Term loans, one year before current fiscal year 16,330   16,330   3,306
Term loans, two years before current fiscal year 2,162   2,162   403
Term loans, three years before current fiscal year 403   403   1,150
Term loans, four years before current fiscal year 388   388   159
Term loans, more than four years before current fiscal year 705   705   1,085
Total 24,415   24,415   11,685
Residential Real Estate - Construction [Member] | Residential Real Estate Consumer [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 13,951   13,951   19,907
Term loans, one year before current fiscal year 13,386   13,386   835
Total 27,337   27,337   20,742
Residential Real Estate - Construction [Member] | Residential Real Estate Consumer [Member] | Performing [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 13,951   13,951   19,907
Term loans, one year before current fiscal year 13,386   13,386   835
Total 27,337   27,337   20,742
Commercial Real Estate [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 111,137   111,137   95,410
Term loans, one year before current fiscal year 122,903   122,903   228,190
Term loans, two years before current fiscal year 242,370   242,370   108,423
Term loans, three years before current fiscal year 104,131   104,131   94,939
Term loans, four years before current fiscal year 86,477   86,477   39,170
Term loans, more than four years before current fiscal year 226,489   226,489   220,893
Revolving loans amortized cost basis 11,139   11,139   16,340
Total 904,646   904,646   803,365
Current period gross charge-offs, prior         (2)
Current period gross charge-offs, total       (2) (2)
Commercial Real Estate [Member] | Pass [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 111,137   111,137   95,410
Term loans, one year before current fiscal year 122,903   122,903   221,889
Term loans, two years before current fiscal year 216,532   216,532   106,385
Term loans, three years before current fiscal year 96,841   96,841   93,228
Term loans, four years before current fiscal year 85,782   85,782   32,546
Term loans, more than four years before current fiscal year 214,240   214,240   218,875
Revolving loans amortized cost basis 11,089   11,089   16,290
Total 858,524   858,524   784,623
Commercial Real Estate [Member] | OAEM [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, two years before current fiscal year 3,598   3,598   1,772
Term loans, three years before current fiscal year 7,051   7,051   1,711
Term loans, four years before current fiscal year 695   695   6,624
Term loans, more than four years before current fiscal year 7,306   7,306    
Total 18,650   18,650   10,107
Commercial Real Estate [Member] | Substandard [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, one year before current fiscal year         6,301
Term loans, two years before current fiscal year 22,240   22,240   266
Term loans, three years before current fiscal year 239   239    
Term loans, more than four years before current fiscal year 4,943   4,943   2,018
Revolving loans amortized cost basis 50   50   50
Total 27,472   27,472   8,635
Commercial [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 13,915   13,915   25,398
Term loans, one year before current fiscal year 24,488   24,488   16,300
Term loans, two years before current fiscal year 13,113   13,113   27,965
Term loans, three years before current fiscal year 22,436   22,436   39,427
Term loans, four years before current fiscal year 36,512   36,512   18,263
Term loans, more than four years before current fiscal year 70,329   70,329   60,126
Revolving loans amortized cost basis 49,492   49,492   43,118
Total 230,285   230,285   230,597
Current period gross charge-offs, current year     (6)   (11)
Current period gross charge-offs, two years before current fiscal year     (15)   (287)
Current period gross charge-offs, prior     (8)    
Current period gross charge-offs, revolving loans amortized cost basis         (161)
Current period gross charge-offs, total (16) (2) (29) (151) (459)
Commercial [Member] | Pass [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 13,915   13,915   25,398
Term loans, one year before current fiscal year 23,967   23,967   16,289
Term loans, two years before current fiscal year 13,104   13,104   27,545
Term loans, three years before current fiscal year 21,383   21,383   37,927
Term loans, four years before current fiscal year 35,144   35,144   18,196
Term loans, more than four years before current fiscal year 70,327   70,327   60,126
Revolving loans amortized cost basis 45,297   45,297   42,595
Total 223,137   223,137   228,076
Commercial [Member] | OAEM [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, one year before current fiscal year 521   521   11
Term loans, two years before current fiscal year 9   9   420
Term loans, three years before current fiscal year 1,053   1,053   1,500
Term loans, four years before current fiscal year 1,368   1,368   9
Term loans, more than four years before current fiscal year 2   2    
Revolving loans amortized cost basis 3,733   3,733   250
Total 6,686   6,686   2,190
Commercial [Member] | Substandard [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, four years before current fiscal year         58
Revolving loans amortized cost basis 462   462   273
Total 462   462   331
Consumer [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 1,868   1,868   2,289
Term loans, one year before current fiscal year 1,409   1,409   1,140
Term loans, two years before current fiscal year 844   844   386
Term loans, three years before current fiscal year 241   241   1,683
Term loans, four years before current fiscal year 1,548   1,548   36
Term loans, more than four years before current fiscal year 12   12   27
Revolving loans amortized cost basis 3,620   3,620   3,292
Total 9,542   9,542   8,853
Current period gross charge-offs, current year     (53)   (44)
Current period gross charge-offs, one year before current fiscal year     (5)    
Current period gross charge-offs, two years before current fiscal year     (6)    
Current period gross charge-offs, three years before current fiscal year     (1)    
Current period gross charge-offs, four years before current fiscal year     (1)   (6)
Current period gross charge-offs, prior     (2)    
Current period gross charge-offs, revolving loans amortized cost basis     (18)   (49)
Current period gross charge-offs, total (25) $ (25) (86) $ (71) (99)
Consumer [Member] | Performing [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, current year 1,868   1,868   2,289
Term loans, one year before current fiscal year 1,409   1,409   1,140
Term loans, two years before current fiscal year 844   844   386
Term loans, three years before current fiscal year 241   241   1,682
Term loans, four years before current fiscal year 1,548   1,548   36
Term loans, more than four years before current fiscal year 12   12   27
Revolving loans amortized cost basis 3,615   3,615   3,291
Total 9,537   9,537   8,851
Consumer [Member] | Nonperforming [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Term loans, three years before current fiscal year         1
Revolving loans amortized cost basis 5   5   1
Total $ 5   $ 5   $ 2
v3.25.3
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
 9 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Financing Receivable, Impaired [Line Items]    
Nonaccrual, without ACL $ 3,406 $ 266
Nonaccrual, with ACL 7,266  
Loans past due 90 days or more and still accruing 12 2
Residential Real Estate [Member]    
Financing Receivable, Impaired [Line Items]    
Loans past due 90 days or more and still accruing 7  
Commercial Real Estate [Member]    
Financing Receivable, Impaired [Line Items]    
Nonaccrual, without ACL 3,406 266
Nonaccrual, with ACL 7,266  
Consumer [Member]    
Financing Receivable, Impaired [Line Items]    
Loans past due 90 days or more and still accruing 5 $ 2
First Liens [Member] | Residential Real Estate [Member]    
Financing Receivable, Impaired [Line Items]    
Loans past due 90 days or more and still accruing $ 7  
v3.25.3
Loan Quality And Allowance For Credit Losses (Aging Of Payments Of The Loan Portfolio) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans $ 1,563,867 $ 1,398,077
Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 1,557,429 1,395,135
30 - 59 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 1,871 1,601
60 - 89 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 1,388 1,073
90 Days+ Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 3,179 268
Total Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 6,438 2,942
Residential Real Estate [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 367,642 322,835
Residential Real Estate [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 366,018 321,591
Residential Real Estate [Member] | 30 - 59 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 785 444
Residential Real Estate [Member] | 60 - 89 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 832 800
Residential Real Estate [Member] | 90 Days+ Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 7  
Residential Real Estate [Member] | Total Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 1,624 1,244
Residential Real Estate [Member] | First Liens [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 275,812 240,601
Residential Real Estate [Member] | First Liens [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 274,713 239,758
Residential Real Estate [Member] | First Liens [Member] | 30 - 59 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 420 203
Residential Real Estate [Member] | First Liens [Member] | 60 - 89 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 672 640
Residential Real Estate [Member] | First Liens [Member] | 90 Days+ Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 7  
Residential Real Estate [Member] | First Liens [Member] | Total Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 1,099 843
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 91,830 82,234
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 91,305 81,833
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 365 241
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 160 160
Residential Real Estate [Member] | Junior Liens & Lines Of Credit [Member] | Total Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 525 401
Residential Real Estate - Construction [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 51,752 32,427
Residential Real Estate - Construction [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 51,752 32,427
Commercial Real Estate [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 904,646 803,365
Commercial Real Estate [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 900,171 802,766
Commercial Real Estate [Member] | 30 - 59 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 756 380
Commercial Real Estate [Member] | 60 - 89 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 552 219
Commercial Real Estate [Member] | 90 Days+ Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 3,167  
Commercial Real Estate [Member] | Total Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 4,475 599
Commercial [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 230,285 230,597
Commercial [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 229,979 229,534
Commercial [Member] | 30 - 59 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 306 747
Commercial [Member] | 60 - 89 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans   50
Commercial [Member] | 90 Days+ Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans   266
Commercial [Member] | Total Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 306 1,063
Consumer [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 9,542 8,853
Consumer [Member] | Current [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 9,509 8,817
Consumer [Member] | 30 - 59 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 24 30
Consumer [Member] | 60 - 89 Days Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 4 4
Consumer [Member] | 90 Days+ Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans 5 2
Consumer [Member] | Total Past Due [Member]    
Financing Receivable, Recorded Investment, Past Due [Line Items]    
Total Loans $ 33 $ 36
v3.25.3
Loan Quality And Allowance For Credit Losses (Allowance For Credit Losses (ACL), By Loan Segment) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Financing Receivable, Allowance for Credit Losses [Line Items]          
Allowance, Beginning Balance $ 19,122 $ 17,018 $ 17,653 $ 16,052 $ 16,052
Charge-offs (41) (27) (115) (224)  
Recoveries 20 42 110 155  
Provision 1,251 474 2,704 1,524  
Allowance, Ending Balance 20,352 17,507 20,352 17,507 17,653
Total Allowance 20,352 17,507 20,352 17,507 17,653
Residential Real Estate - Construction [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Allowance, Beginning Balance 561 318 376 296 296
Recoveries 8 4 11 11  
Provision 55 9 237 24  
Allowance, Ending Balance 624 331 624 331 376
Total Allowance 624 331 624 331 376
Commercial Real Estate [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Allowance, Beginning Balance 12,852 11,423 12,004 10,657 10,657
Charge-offs       (2) (2)
Recoveries   3   3  
Provision 1,275 230 2,123 998  
Allowance, Ending Balance 14,127 11,656 14,127 11,656 12,004
Total Allowance 14,127 11,656 14,127 11,656 12,004
Commercial [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Allowance, Beginning Balance 3,460 3,364 3,182 3,290 3,290
Charge-offs (16) (2) (29) (151) (459)
Recoveries 10 32 85 112  
Provision (166) 95 50 238  
Allowance, Ending Balance 3,288 3,489 3,288 3,489 3,182
Total Allowance 3,288 3,489 3,288 3,489 3,182
Consumer [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Allowance, Beginning Balance 124 100 133 94 94
Charge-offs (25) (25) (86) (71) (99)
Recoveries 2 3 14 29  
Provision 45 33 85 59  
Allowance, Ending Balance 146 111 146 111 133
Total Allowance 146 111 146 111 133
First Liens [Member] | Residential Real Estate [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Allowance, Beginning Balance 1,637 1,384 1,497 1,296 1,296
Provision 24 81 164 169  
Allowance, Ending Balance 1,661 1,465 1,661 1,465 1,497
Total Allowance 1,661 1,465 1,661 1,465 1,497
Junior Liens & Lines Of Credit [Member] | Residential Real Estate [Member]          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Allowance, Beginning Balance 488 429 461 419 419
Provision 18 26 45 36  
Allowance, Ending Balance 506 455 506 455 461
Total Allowance $ 506 $ 455 $ 506 $ 455 $ 461
v3.25.3
Leases (Narrative) (Details)
 9 Months Ended
Sep. 30, 2025
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
v3.25.3
Leases (Schedule Of Lease Costs) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Leases [Abstract]        
Operating lease cost $ 179 $ 192 $ 538 $ 581
Short-term lease cost 4 1 12 3
Variable lease cost 41 31 121 118
Total lease cost $ 224 $ 224 $ 671 $ 702
v3.25.3
Leases (Schedule Of Measurement Of Lease Liabilities) (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Leases [Abstract]    
Operating cash flows from operating leases $ 535 $ 556
Weighted-average remaining lease term (years) 11 years 2 months 12 days 11 years 7 months 6 days
Weighted-average discount rate 3.56% 3.46%
v3.25.3
Leases (Schedule Of Future Minimum Payments Operating Leases) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Leases [Abstract]    
2025 $ 178  
2026 597  
2027 455  
2028 416  
2029 420  
2030 and beyond 2,808  
Undiscounted cash flow 4,874  
Imputed Interest (906)  
Total lease liability $ 3,968 $ 4,263
v3.25.3
Other Real Estate Owned (Narrative) (Details) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Other Real Estate Owned [Abstract]    
Other real estate owned $ 0 $ 0
v3.25.3
Derivatives (Narrative) (Details)
$ in Millions
Sep. 30, 2025
USD ($)
Derivatives [Abstract]  
Cash collateral $ 6.5
v3.25.3
Derivatives (Schedule Of Fair Value Of Derivative Instruments) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Derivatives, Fair Value [Line Items]    
Notional Amount $ 123,600  
Fair Value 104,400  
Designated as Hedging Instrument [Member]    
Derivatives, Fair Value [Line Items]    
Fair Value 429 $ 2,275
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Other Assets [Member]    
Derivatives, Fair Value [Line Items]    
Notional Amount   111,087
Fair Value   2,275
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Other Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Notional Amount 102,992  
Fair Value 429  
Other Contracts [Member] | Not Designated as Hedging Instrument [Member] | Other Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Notional Amount $ 5,907 $ 6,064
v3.25.3
Derivatives (Schedule Of Effect Of Derivative Designated Instruments On The Statement Of Income) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2025
Interest Rate Swap [Member] | Investment Income [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Amount of Gain or (Loss) Recognized in Income on Derivatives $ 210 $ 611
v3.25.3
Derivatives (Schedule Of Effect Of Derivative Not Designated Instruments On The Statement Of Income) (Details)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
USD ($)
Other Contracts [Member] | Other Income [Member]  
Derivative Instruments, Gain (Loss) [Line Items]  
Amount of Gain or (Loss) Recognized in Income on Derivatives $ 1
v3.25.3
Derivatives (Schedule Of Derivative Financial Instruments) (Details)
$ in Thousands
Sep. 30, 2025
USD ($)
Derivatives, Fair Value [Line Items]  
Notional Amount $ 123,600
Fair Value 104,400
Securities Investment [Member]  
Derivatives, Fair Value [Line Items]  
Carrying amount of the hedged items 105,884
Cumulative amount of fair value hedging instruments $ 445
v3.25.3
Pension (Schedule Of Net Periodic Pension Costs) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Pension [Abstract]        
Service cost $ 53 $ 56 $ 159 $ 159
Interest cost 199 193 598 574
Expected return on plan assets (206) (215) (620) (647)
Recognized net actuarial loss 24 15 68 30
Total pension expense $ 70 $ 49 $ 205 $ 116
v3.25.3
Fair Value Measurements And Fair Values Of Financial Instruments (Narrative) (Details)
 9 Months Ended
Sep. 30, 2025
USD ($)
Fair Value Measurements And Fair Values Of Financial Instruments [Abstract]  
Partial charge-offs on impaired loans $ 0
v3.25.3
Fair Value Measurements And Fair Values Of Financial Instruments (Schedule Of Fair Value, Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities, at fair value   $ 166
Available for sale $ 469,285 508,604
Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total assets 469,285 508,770
Derivative Liabilities 429 2,275
Nonrecurring [Member] | Collateral Dependent [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total assets 6,372 380
Level 1 [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total assets 33,067 31,963
Level 2 [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total assets 436,218 476,807
Derivative Liabilities 429 2,275
Level 3 [Member] | Nonrecurring [Member] | Collateral Dependent [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total assets 6,372 380
Equity Securities [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities, at fair value   166
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   166
U.S Treasury [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 33,067 31,797
U.S Treasury [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 33,067 31,797
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 33,067 31,797
Municipal [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 136,698 133,592
Municipal [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 136,698 133,592
Municipal [Member] | Level 2 [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 136,698 133,592
Corporate [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 20,231 24,224
Corporate [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 20,231 24,224
Corporate [Member] | Level 2 [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 20,231 24,224
Agency MBS & CMO [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 132,376 138,742
Agency MBS & CMO [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 132,376 138,742
Agency MBS & CMO [Member] | Level 2 [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 132,376 138,742
Non-Agency MBS & CMO [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 118,770 149,170
Non-Agency MBS & CMO [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 118,770 149,170
Non-Agency MBS & CMO [Member] | Level 2 [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 118,770 149,170
Asset-Backed [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 28,143 31,079
Asset-Backed [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale 28,143 31,079
Asset-Backed [Member] | Level 2 [Member] | Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available for sale $ 28,143 $ 31,079
v3.25.3
Fair Value Measurements And Fair Values Of Financial Instruments (Fair Value Inputs, Assets, Quantitative Information) (Details) - Collateral Dependent [Member] - Nonrecurring [Member] - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure $ 6,372 $ 380
Level 3 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Assets, Fair Value Disclosure $ 6,372 $ 380
Level 3 [Member] | Appraisal [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Quantitative Information Percentage 20.00%  
Level 3 [Member] | Cost to Sell [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Quantitative Information Percentage 10.00% 10.00%
Non-Real Estate Assets [Member] | Level 3 [Member] | Appraisal [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Quantitative Information Percentage   100.00%
Non-Real Estate Assets [Member] | Level 3 [Member] | Weighted Average [Member] | Appraisal [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Quantitative Information Percentage   100.00%
v3.25.3
Fair Value Measurements And Fair Values Of Financial Instruments (Fair Value, By Balance Sheet Grouping) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Net loans $ 1,023,059 $ 872,002
Carrying Amount [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 188,144 203,613
Long-term interest-earning deposits in other banks 999 1,499
Loans held for sale 1,420 2,470
Net loans 1,543,515 1,380,424
Accrued interest receivable 7,642 7,348
Deposits 1,902,895 1,815,647
FHLB Advances 200,000 200,000
Subordinate notes 10,841 19,699
Accrued interest payable 3,803 4,689
Fair Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 188,144 203,613
Long-term interest-earning deposits in other banks 999 1,499
Loans held for sale 1,445 2,470
Net loans 1,535,966 1,351,450
Accrued interest receivable 7,642 7,348
Deposits 1,903,051 1,814,479
FHLB Advances 201,854 200,883
Subordinate notes 9,532 18,032
Accrued interest payable 3,803 4,689
Level 1 [Member] | Fair Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 188,144 203,613
Long-term interest-earning deposits in other banks 999 1,499
Level 2 [Member] | Fair Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Loans held for sale 1,445 2,470
Deposits 1,903,051 1,814,479
FHLB Advances 201,854 200,883
Subordinate notes 9,532 18,032
Accrued interest payable 3,803 4,689
Level 3 [Member] | Fair Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Net loans 1,535,966 1,351,450
Accrued interest receivable $ 7,642 $ 7,348
v3.25.3
Deposits (Narrative) (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Deposits [Abstract]    
Time deposits greater than $250,000 $ 54.9 $ 77.4
v3.25.3
Deposits (Schedule Of Deposits) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Deposits [Abstract]    
Noninterest-bearing checking $ 311,925 $ 290,346
Interest-bearing checking 424,902 417,870
Money Management 785,186 694,880
Savings 94,738 96,646
Total interest-bearing checking and savings 1,304,826 1,209,396
Time deposits 199,087 228,848
Time - brokered deposits 87,057 87,057
Total time deposits 286,144 315,905
Total deposits 1,902,895 1,815,647
Overdrawn deposit accounts reclassified as loans $ 472 $ 136
v3.25.3
Borrowings (Narrative) (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]    
Debt issuance costs $ 159  
Redemption period 5 years  
Maturing September 1, 2030 [Member]    
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]    
Subordinate notes $ 6,000  
Maturing September 1, 2035 [Member]    
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]    
Subordinate notes 5,000  
Through June 29, 2025 [Member]    
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]    
Subordinate notes $ 6,000  
Basis spread on variable rate 4.93%  
Through June 29, 2030 [Member]    
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]    
Subordinate notes $ 5,000  
Interest rate 5.25%  
After June 29, 2030 [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 $ 10,841 $ 19,699
Subordinate notes 11,000  
Federal Home Loan Bank (FHLB) Advances[Member]    
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]    
Debt $ 200,000 $ 200,000
Federal Home Loan Bank (FHLB) Advances, Long-Term [Member]    
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]    
Interest rate 4.32%  
v3.25.3
Capital Ratios (Narrative) (Details) - USD ($)
$ in Billions
 9 Months Ended 12 Months Ended
Sep. 30, 2025
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   9.00%
Consolidated asset limit on small bank holding companies $ 3  
Bank [Member]    
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]    
Capital ratios, capital conservation buffer 4.88%  
v3.25.3
Capital Ratios (Schedule Of The Total Risk-based, Tier 1 Risk-based And Tier 1 Leverage Requirements) (Details)
Sep. 30, 2025
Dec. 31, 2024
Franklin Financial Services Corporation [Member]    
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]    
Common Equity Tier 1 Risk-based Capital Ratio: Ratio 0.1105 0.1131
Tier 1 Risk-based Capital Ratio: Ratio 0.1105 0.1131
Total Risk-based Capital Ratio: Ratio 0.1286 0.1385
Tier 1 Leverage Ratio: Ratio 0.0790 0.0792
Bank [Member]    
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]    
Common Equity Tier 1 Risk-based Capital Ratio: Ratio 0.1163 0.1171
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 0.0650  
Tier 1 Risk-based Capital Ratio: Ratio 0.1163 0.1171
Tier 1 Risk-based Capital Ratio: Adequately Capitalized Minimum: Ratio 0.0600  
Tier 1 Risk-based Capital Ratio: Well Capitalized Minimum: Ratio 0.0800  
Total Risk-based Capital Ratio: Ratio 0.1288 0.1296
Total Risk-based Capital Ratio: Adequately Capitalized Minimum: Ratio 0.0800  
Total Risk-based Capital Ratio: Well Capitalized Minimum: Ratio 0.1000  
Tier 1 Leverage Ratio: Ratio 0.0832 0.0820
Tier 1 Leverage Ratio: Adequately Capitalized Minimum: Ratio 0.0400  
Tier 1 Leverage Ratio: Well Capitalized Minimum: Ratio 0.0500  
v3.25.3
Revenue Recognition (Schedule Of Wealth Management Fees) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Disaggregation of Revenue [Line Items]        
Investment and trust services fees $ 2,264 $ 2,097 $ 6,897 $ 6,366
Estate management services Fees recognition period     18 months  
Asset Management Fees [Member]        
Disaggregation of Revenue [Line Items]        
Investment and trust services fees 2,074 1,910 $ 6,274 5,794
Estate Management Fees [Member]        
Disaggregation of Revenue [Line Items]        
Investment and trust services fees 102 143 384 358
Commissions [Member]        
Disaggregation of Revenue [Line Items]        
Investment and trust services fees $ 88 $ 44 $ 239 $ 214
v3.25.3
Commitments And Contingencies (Narrative) (Details)
 9 Months Ended
Sep. 30, 2025
Commitments And Contingencies [Abstract]  
Standby letters of credit extension period, in years 1 year
v3.25.3
Commitments And Contingencies (Outstanding Commitments) (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Loss Contingencies [Line Items]            
ALL, Ending Balance $ 20,352 $ 19,122 $ 17,653 $ 17,507 $ 17,018 $ 16,052
Commercial Commitments To Extend Credit [Member]            
Loss Contingencies [Line Items]            
Commitments outstanding 300,729   328,806      
Consumer Commitments To Extend Credit (Secured) [Member]            
Loss Contingencies [Line Items]            
Commitments outstanding 147,130   135,776      
Consumer Commitments To Extend Credit (Unsecured) [Member]            
Loss Contingencies [Line Items]            
Commitments outstanding 7,840   5,352      
Commitments To Extend Credit [Member]            
Loss Contingencies [Line Items]            
Commitments outstanding 455,699   469,934      
Standby Letters of Credit [Member]            
Loss Contingencies [Line Items]            
Commitments outstanding 28,323   28,815      
Unfunded Commitments [Member]            
Loss Contingencies [Line Items]            
ALL, Ending Balance $ 1,937   $ 2,030      
v3.25.3
Segment Reporting (Schedule Of Segment Reporting Information) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]          
Interest income - loans, including fees $ 22,923 $ 19,082 $ 64,212 $ 54,363  
Interest income - investments 4,804 4,511 15,072 13,124  
Interest income - interest-earning deposits in other banks 1,948 2,460 6,049 7,107  
Wealth fee income 2,264 2,097 6,897 6,366  
Total segment income 31,939 28,150 92,230 80,960  
Other revenue - not allocated to a segment 2,547 2,756 7,578 7,026  
Total consolidated revenue 34,486 30,906 99,808 87,986  
Interest expense - deposits 8,736 8,127 26,684 21,649  
Interest expense - other borrowings 2,746 3,274 7,613 10,527  
Provision for credit losses 1,198 485 2,611 1,483  
Salary and benefit expense 9,133 8,081 26,503 24,213  
Segment profit 21,813 19,967 63,411 57,872  
Other expenses - not allocated to a segment 6,015 5,836 17,611 17,348  
Income before income taxes 6,658 5,103 18,786 12,766  
Net occupancy 1,231 1,150 3,603 3,480  
Data Processing 1,468 1,439 4,539 4,321  
Total assets for reportable segments 2,297,077 2,151,363 2,297,077 2,151,363 $ 2,197,841
Wealth [Member]          
Segment Reporting Information [Line Items]          
Wealth fee income 2,264 2,097 6,897 6,366  
Total segment income 2,264 2,097 6,897 6,366  
Salary and benefit expense 1,040 931 3,102 2,853  
Segment profit 1,040 931 3,102 2,853  
Net occupancy 107 108 372 378  
Data Processing 57 41 144 116  
Total assets for reportable segments 1,433 1,532 1,433 1,532  
Community [Member]          
Segment Reporting Information [Line Items]          
Interest income - loans, including fees 22,923 19,082 64,212 54,363  
Interest income - investments 4,804 4,509 15,072 13,119  
Interest income - interest-earning deposits in other banks 1,948 2,460 6,049 7,107  
Total segment income 29,675 26,051 85,333 74,589  
Interest expense - deposits 8,736 8,127 26,684 21,649  
Interest expense - other borrowings 2,205 3,010 6,544 9,738  
Provision for credit losses 1,198 485 2,611 1,483  
Salary and benefit expense 8,093 7,150 23,401 21,360  
Segment profit 20,232 18,772 59,240 54,230  
Net occupancy 1,124 1,042 3,231 3,102  
Data Processing 1,411 1,398 4,395 4,205  
Total assets for reportable segments $ 2,285,702 $ 2,037,744 $ 2,285,702 $ 2,037,744  
v3.25.3
Insider Trading Arrangements (Details)
 3 Months Ended
Sep. 30, 2025
Insider Trading Arrangements [Abstract]  
Material Terms of Trading Arrangement None of our directors or executive officers adopted or terminated a Rule 10b5-1 trading arrangement or adopted or terminated a non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K) during the quarter ended September 30, 2025.
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted [Flag] false
Rule 10b5-1 Arrangement Terminated [Flag] false
Non-Rule 10b5-1 Arrangement Terminated [Flag] false