Franklin Financial Services Corporation (FRAF) reported a 94.8% year-over-year increase in net income for Q2 2025, reaching $5.9 million ($1.32 per diluted share) compared to $3 million ($0.66 per diluted share) in the same period last year. Revenue growth was fueled by a 21.3% rise in net interest income, totaling $17.2 million.
For the first half of 2025, FRAF’s net income rose 53.7% to $9.8 million ($2.20 per diluted share) from $6.4 million ($1.43 per diluted share) in H1 2024. Total assets as of June 30, 2025, climbed to $2.29 billion, with a notable 8.7% growth in net loans to $1.5 billion, supported by a $68.9 million increase in commercial real estate loans.
The bank’s deposits increased by 4.3% to $1.89 billion, while shareholders’ equity grew by $12.6 million to $157.4 million. Notably, non-performing loans increased to $10.8 million, primarily from two loans. Management expressed a continued focus on expansion and risk management in light of recent developments.
