2020 Q4 Form 10-K Financial Statement

#000072364621000016 Filed on March 11, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4 2019
Revenue $49.24M
YoY Change 9.73%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $426.0K
YoY Change -1.62%
% of Gross Profit
Depreciation & Amortization $330.0K $340.0K $1.259M
YoY Change -2.94% 0.0% 2.19%
% of Gross Profit
Operating Expenses $426.0K
YoY Change -1.62%
Operating Profit
YoY Change
Interest Expense $7.113M
YoY Change 68.79%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $5.360M $5.180M $19.00M
YoY Change 3.47% 20.19% 218.71%
Income Tax $810.0K $780.0K $2.880M
% Of Pretax Income 15.11% 15.06% 15.16%
Net Earnings $4.550M $4.400M $16.12M
YoY Change 3.41% 15.67% 163.1%
Net Earnings / Revenue 32.73%
Basic Earnings Per Share $3.68
Diluted Earnings Per Share $1.039M $1.007M $3.67
COMMON SHARES
Basic Shares Outstanding 4.373M 4.345M 4.375M
Diluted Shares Outstanding 4.396M

Balance Sheet

Concept 2020 Q4 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $57.15M $83.83M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $13.11M $13.85M $19.00M
YoY Change -5.39% 2.44% 40.74%
Goodwill $9.016M $9.016M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.400M $4.000M $4.000M
YoY Change -40.0% -33.33% -33.33%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.535B $1.269B $1.269B
YoY Change 20.95% 4.92% 4.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $5.300M $5.200M $5.200M
YoY Change 1.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.300M $5.200M $5.200M
YoY Change 1.92%
LONG-TERM LIABILITIES
Long-Term Debt $19.60M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $10.40M $11.10M $11.10M
YoY Change -6.31% 29.07% 29.07%
Total Long-Term Liabilities $30.00M $11.10M $11.10M
YoY Change 170.27% 29.07% 29.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.300M $5.200M $5.200M
Total Long-Term Liabilities $30.00M $11.10M $11.10M
Total Liabilities $1.390B $1.142B $1.142B
YoY Change 21.74% 4.62% 4.62%
SHAREHOLDERS EQUITY
Retained Earnings $102.5M $94.95M
YoY Change 7.98% 13.1%
Common Stock $47.30M $46.98M
YoY Change 0.69% 1.62%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.834M $8.410M
YoY Change -6.85% 55.71%
Treasury Stock Shares $321.5K $357.1K
Shareholders Equity $145.2M $127.5M $127.5M
YoY Change
Total Liabilities & Shareholders Equity $1.535B $1.269B $1.269B
YoY Change 20.95% 4.92% 4.93%

Cashflow Statement

Concept 2020 Q4 2019 Q4 2019
OPERATING ACTIVITIES
Net Income $4.550M $4.400M $16.12M
YoY Change 3.41% 15.67% 163.1%
Depreciation, Depletion And Amortization $330.0K $340.0K $1.259M
YoY Change -2.94% 0.0% 2.19%
Cash From Operating Activities $4.060M $4.400M $18.97M
YoY Change -7.73% -39.89% 103.89%
INVESTING ACTIVITIES
Capital Expenditures -$30.00K -$1.040M -$1.650M
YoY Change -97.12% 85.71% 42.24%
Acquisitions
YoY Change
Other Investing Activities -$35.04M -$34.44M -$21.83M
YoY Change 1.74% 309.03% -52.88%
Cash From Investing Activities -$35.06M -$35.48M -$23.48M
YoY Change -1.18% 295.1% -50.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.846M
YoY Change 4270.45%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 17.00M -35.22M 35.39M
YoY Change -148.27% -457.93% 8.74%
NET CHANGE
Cash From Operating Activities 4.060M 4.400M 18.97M
Cash From Investing Activities -35.06M -35.48M -23.48M
Cash From Financing Activities 17.00M -35.22M 35.39M
Net Change In Cash -14.00M -66.30M 30.87M
YoY Change -78.88% -910.51% -646.78%
FREE CASH FLOW
Cash From Operating Activities $4.060M $4.400M $18.97M
Capital Expenditures -$30.00K -$1.040M -$1.650M
Free Cash Flow $4.090M $5.440M $20.62M
YoY Change -24.82% -30.96% 97.06%

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EarningsPerShareBasic
3.68
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.93
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.67
CY2020 us-gaap Net Income Loss
NetIncomeLoss
12800000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
16115000
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
12366000
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1591000
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
29000
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
256000
CY2020 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
12337000
CY2019 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
1335000
CY2020 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
2591000
CY2019 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
280000
CY2020 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
9746000
CY2019 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
1055000
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax
1626000
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax
1388000
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-904000
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-552000
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
722000
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
836000
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
152000
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
175000
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
570000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
6741000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
6171000
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
661000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9176000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
394000
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21976000
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16509000
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4408761
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
118396000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
16115000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
394000
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.17
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5115000
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
103688
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3846000
CY2019 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
36928
CY2019 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1316000
CY2019 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
2270
CY2019 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
74000
CY2019 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
8482
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
194000
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4352753
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
127528000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
12800000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9176000
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.20
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5226000
CY2020 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
36401
CY2020 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1171000
CY2020 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
71227
CY2020 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1836000
CY2020 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
753
CY2020 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
19000
CY2020 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
1023
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
17000
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
197000
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4389355
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
145176000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
12800000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
16115000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1330000
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1370000
CY2020 fraf Net Amortization Of Loans And Investment Securities
NetAmortizationOfLoansAndInvestmentSecurities
3528000
CY2019 fraf Net Amortization Of Loans And Investment Securities
NetAmortizationOfLoansAndInvestmentSecurities
1237000
CY2020 fraf Amortization Of Subordinate Debt Issuance Costs
AmortizationOfSubordinateDebtIssuanceCosts
14000
CY2020 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4625000
CY2019 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
237000
CY2020 fraf Change In Fair Value Of Equity Securities
ChangeInFairValueOfEquitySecurities
-49000
CY2019 fraf Change In Fair Value Of Equity Securities
ChangeInFairValueOfEquitySecurities
66000
CY2020 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
29000
CY2019 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
256000
CY2020 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
105300000
CY2019 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
30692000
CY2020 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
99430000
CY2019 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
29163000
CY2020 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
1536000
CY2019 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
393000
CY2019 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
597000
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
6000
CY2019 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
326000
CY2020 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
457000
CY2019 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
509000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
197000
CY2020 us-gaap Pension Contributions
PensionContributions
1000000
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3626000
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1089000
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-798000
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
892000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-839000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1884000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6435000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18966000
CY2020 us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
-3995000
CY2019 us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
-8746000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
3141000
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
18781000
CY2020 fraf Proceeds From Maturities And Pay Downs Of Securities Available For Sale
ProceedsFromMaturitiesAndPayDownsOfSecuritiesAvailableForSale
38541000
CY2019 fraf Proceeds From Maturities And Pay Downs Of Securities Available For Sale
ProceedsFromMaturitiesAndPayDownsOfSecuritiesAvailableForSale
30743000
CY2020 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
240696000
CY2019 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
104829000
CY2020 us-gaap Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
3000
CY2019 us-gaap Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
13000
CY2020 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
77429000
CY2019 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-38105000
CY2020 fraf Payments For Proceeds From Portfolio Loans
PaymentsForProceedsFromPortfolioLoans
-913000
CY2019 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
3065000
CY2020 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
3698000
CY2019 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
444000
CY2020 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
1000000
CY2019 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
623000
CY2020 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
484000
CY2019 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
1654000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-277314000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23481000
CY2020 fraf Net Increase In Demand Deposits Interest Bearing Checking And Savings Accounts
NetIncreaseInDemandDepositsInterestBearingCheckingAndSavingsAccounts
242364000
CY2019 fraf Net Increase In Demand Deposits Interest Bearing Checking And Savings Accounts
NetIncreaseInDemandDepositsInterestBearingCheckingAndSavingsAccounts
15008000
CY2020 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-13183000
CY2019 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
27755000
CY2020 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
19541000
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5226000
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5115000
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1171000
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3846000
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
36000
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
268000
CY2020 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
1836000
CY2019 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
1316000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
244197000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
35386000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-26682000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
30871000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
83828000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52957000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57146000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
83828000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
4234000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
6870000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
4367000
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
250000
CY2019 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
80000
CY2020 fraf Recognition Of Operating Lease Right Of Use Asset
RecognitionOfOperatingLeaseRightOfUseAsset
584000
CY2019 fraf Recognition Of Operating Lease Right Of Use Asset
RecognitionOfOperatingLeaseRightOfUseAsset
43000
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">Use of Estimates in the Preparation of Financial Statements</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> – The preparation of financial statements in conformity with generally accepted accounting principles requires Management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses.</span>
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">Significant Group Concentrations of Credit Risk – </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Most of the Corporation’s activities are with customers located within its primary market area. Note 4 of the consolidated financial statements shows the types of securities in which the Corporation invests. Note 5 of the consolidated financial statements shows the types of lending in which the Corporation engages. The Corporation does not have any significant concentrations of any one industry or customer.</span>
CY2019Q4 fraf Restricted Stock Cost
RestrictedStockCost
100
CY2020Q4 us-gaap Goodwill
Goodwill
9000000.0
CY2020Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
949000000.0
CY2019Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
918900000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4357000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4375000
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9000
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
21000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4366000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4396000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
71000
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
12800000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
16115000
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.94
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.68
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.93
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.67
CY2020Q4 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
103800000
CY2020Q4 fraf Tangible Capital Required For Well Capitalized To Tangible Assets
TangibleCapitalRequiredForWellCapitalizedToTangibleAssets
0.065
CY2020Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
5
CY2020Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
8
CY2020Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
10
CY2020Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
8
CY2015Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
6
CY2020Q4 fraf Capital Ratios Capital Conservation Buffer
CapitalRatiosCapitalConservationBuffer
0.0250
CY2020Q4 fraf Capital Ratios Capital Conservation Buffer
CapitalRatiosCapitalConservationBuffer
0.0250
CY2020Q3 us-gaap Subordinated Debt
SubordinatedDebt
20000000.0
CY2020Q4 us-gaap Subordinated Debt
SubordinatedDebt
20000000
CY2020Q4 us-gaap Subordinated Debt Current
SubordinatedDebtCurrent
15000000.0
CY2020Q4 us-gaap Subordinated Long Term Debt
SubordinatedLongTermDebt
5000000.0
CY2020Q3 us-gaap Unsecured Debt
UnsecuredDebt
452900000
CY2020Q4 us-gaap Subordinated Debt Current
SubordinatedDebtCurrent
15000000.0
CY2020Q4 us-gaap Subordinated Long Term Debt
SubordinatedLongTermDebt
5000000.0
CY2020 fraf Debt Instrument Redemption Period
DebtInstrumentRedemptionPeriod
P5Y
CY2020 fraf Paycheck Protection Program Risk Weight For Risk Based Capital Rules
PaycheckProtectionProgramRiskWeightForRiskBasedCapitalRules
0
CY2020Q4 fraf Ppp Loans Pledged As Collateral
PppLoansPledgedAsCollateral
0
CY2020 fraf Consolidated Asset Limit On Small Bank Holding Companies
ConsolidatedAssetLimitOnSmallBankHoldingCompanies
3000000000
CY2020Q1 fraf Federal Reserve Reduction In Reserve Requirement Percent
FederalReserveReductionInReserveRequirementPercent
0
CY2020Q4 us-gaap Cash Reserve Deposit Required And Made
CashReserveDepositRequiredAndMade
0
CY2019Q4 us-gaap Cash Reserve Deposit Required And Made
CashReserveDepositRequiredAndMade
10100000
CY2020Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
384369000
CY2020Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
13272000
CY2020Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
701000
CY2020Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
396940000
CY2019Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
187199000
CY2019Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1920000
CY2019Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1686000
CY2019Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
187433000
CY2020Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
137400000
CY2019Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
107100000
CY2020 fraf Number Of Investments In Single Issuer Exceeding Benchmark
NumberOfInvestmentsInSingleIssuerExceedingBenchmark
0
CY2020 fraf Percent Of Shareholders Equity Benchmark For Investments In Single Issuers
PercentOfShareholdersEquityBenchmarkForInvestmentsInSingleIssuers
0.10
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
4369000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
4388000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
21250000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
21857000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
216196000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
225142000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
27453000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
28529000
CY2020Q4 fraf Amortized Cost Contractual Maturities Sub Total
AmortizedCostContractualMaturitiesSubTotal
269268000
CY2020Q4 fraf Fair Value Contractual Maturities Sub Total
FairValueContractualMaturitiesSubTotal
279916000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
115101000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
117024000
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
384369000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
396940000
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
3141000
CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
18781000
CY2020 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
62000
CY2019 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
285000
CY2020 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
33000
CY2019 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
29000
CY2020 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
29000
CY2019 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
256000
CY2020 fraf Available For Sale Securities Net Realized Gain Loss Tax Provision Benefit
AvailableForSaleSecuritiesNetRealizedGainLossTaxProvisionBenefit
6000
CY2019 fraf Available For Sale Securities Net Realized Gain Loss Tax Provision Benefit
AvailableForSaleSecuritiesNetRealizedGainLossTaxProvisionBenefit
54000
CY2020Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
60918000
CY2020Q4 fraf Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
405000
CY2020Q4 fraf Available For Sale Securities In Unrealized Loss Positions Less Than12 Months Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionsLessThan12MonthsQualitativeDisclosureNumberOfPositions
67
CY2020Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
22032000
CY2020Q4 fraf Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
296000
CY2020Q4 fraf Available For Sale Securities In Unrealized Loss Positions12 Months Or Longer Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositions12MonthsOrLongerQualitativeDisclosureNumberOfPositions
35
CY2020Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
82950000
CY2020Q4 fraf Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
701000
CY2020Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
102
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
80262000
CY2019Q4 fraf Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
1291000
CY2019Q4 fraf Available For Sale Securities In Unrealized Loss Positions Less Than12 Months Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionsLessThan12MonthsQualitativeDisclosureNumberOfPositions
97
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
20181000
CY2019Q4 fraf Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
395000
CY2019Q4 fraf Available For Sale Securities In Unrealized Loss Positions12 Months Or Longer Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositions12MonthsOrLongerQualitativeDisclosureNumberOfPositions
47
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
100443000
CY2019Q4 fraf Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
1686000
CY2019Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
144
CY2019Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
272000
CY2018Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
272000
CY2020Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
272000
CY2019Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
272000
CY2020 fraf Number Of Investments
NumberOfInvestments
1
CY2020 fraf Ppp Program Guarantee Percentage
PppProgramGuaranteePercentage
1
CY2020 fraf Ppp Program Interest Rate
PppProgramInterestRate
0.01
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1009704000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
934575000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16789000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
11966000
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
992915000
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
922609000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
8000
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
178000
CY2020Q4 us-gaap Pledged Assets Separately Reported Loans Pledged For Federal Home Loan Bank At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedForFederalHomeLoanBankAtFairValue
840850000
CY2019Q4 us-gaap Pledged Assets Separately Reported Loans Pledged For Federal Home Loan Bank At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedForFederalHomeLoanBankAtFairValue
764340000
CY2020Q4 us-gaap Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
50605000
CY2019Q4 us-gaap Pledged Assets Separately Reported Loans Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
32155000
CY2020Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
891455000
CY2019Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
796495000
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
10321000
CY2018Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
20489000
CY2020 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
2401000
CY2019 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
557000
CY2020 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
2118000
CY2019 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
10725000
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
10604000
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
10321000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1009704000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
934575000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1000129000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
871000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
8704000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1009704000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
928233000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
2514000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
3828000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
934575000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
11551000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
12473000
CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
5702000
CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
5702000
CY2020Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
228000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
12176000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
13484000
CY2020 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
15005000
CY2020 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
430000
CY2019 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
14606000
CY2019 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
436000
CY2020Q4 fraf Financing Receivable Modifications Number Of Contracts3
FinancingReceivableModificationsNumberOfContracts3
19
CY2020Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
11011000
CY2019Q4 fraf Financing Receivable Modifications Number Of Contracts3
FinancingReceivableModificationsNumberOfContracts3
16
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
10446000
CY2020 fraf Financing Receivable New Modifications Number Of Contracts
FinancingReceivableNewModificationsNumberOfContracts
3
CY2020 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1076000
CY2020 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1076000
CY2020 fraf Financing Receivable New Modifications Recorded Investment
FinancingReceivableNewModificationsRecordedInvestment
1119000
CY2020 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2020Q4 fraf Loan Deferrals Or Modifications
LoanDeferralsOrModifications
68000000
CY2020Q4 fraf Percent Of Loans Deferred Or Modified
PercentOfLoansDeferredOrModified
0.07
CY2020Q2 fraf Loan Deferrals Or Modifications
LoanDeferralsOrModifications
196000000
CY2020Q2 fraf Percent Of Loans Deferred Or Modified
PercentOfLoansDeferredOrModified
0.19
CY2020 fraf Amount Of Deferred Or Modified Loans Interest Amount
AmountOfDeferredOrModifiedLoansInterestAmount
53900000
CY2020 fraf Amount Of Deferred Or Modified Loans Interest Only Payment Amount
AmountOfDeferredOrModifiedLoansInterestOnlyPaymentAmount
5600000
CY2020 fraf Amount Of Deferred Or Modified Loans Principal And Interest Amount
AmountOfDeferredOrModifiedLoansPrincipalAndInterestAmount
8000000.0
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
12415000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
969000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
283000
CY2019 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
237000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
11966000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
11966000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
645000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
843000
CY2020 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4625000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
16789000
CY2020Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
17253000
CY2020Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
992451000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1009704000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
228000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
16561000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16789000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
12176000
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
922399000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
934575000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
11966000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
11966000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
41452000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
41356000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
28347000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
27505000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13105000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13851000
CY2020 us-gaap Depreciation
Depreciation
1230000
CY2019 us-gaap Depreciation
Depreciation
1259000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
615000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
615000
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
7000
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
7000
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
49000
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
48000
CY2020 us-gaap Lease Cost
LeaseCost
671000
CY2019 us-gaap Lease Cost
LeaseCost
670000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
590000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
580000
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y4M9D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y2M19D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0354
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0355
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
642000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
640000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
650000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
628000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
588000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3396000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6544000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1212000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5332000
CY2018Q4 us-gaap Other Real Estate
OtherRealEstate
2684000
CY2019 us-gaap Other Real Estate Additions
OtherRealEstateAdditions
80000
CY2019 us-gaap Other Real Estate Disposals
OtherRealEstateDisposals
3065000
CY2019 fraf Other Real Estate Gain Loss On Sales Net
OtherRealEstateGainLossOnSalesNet
326000
CY2019 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
25000
CY2020Q4 us-gaap Goodwill
Goodwill
9000000.0
CY2020 fraf Estimated Fair Value Goodwill Impairment Carrying Value Percentage
EstimatedFairValueGoodwillImpairmentCarryingValuePercentage
0.24
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
259060000
CY2019Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
192108000
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
409178000
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
331886000
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
501017000
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
429199000
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
109153000
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
82851000
CY2020Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
1019348000
CY2019Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
843936000
CY2020Q4 us-gaap Deposit Liabilities Reclassified As Loans Receivable1
DepositLiabilitiesReclassifiedAsLoansReceivable1
86000
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Other Time Deposit
InterestBearingDomesticDepositOtherTimeDeposit
76165000
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Other Time Deposit
InterestBearingDomesticDepositOtherTimeDeposit
89348000
CY2020Q4 us-gaap Deposits
Deposits
1354573000
CY2019Q4 us-gaap Deposits
Deposits
1125392000
CY2019Q4 us-gaap Deposit Liabilities Reclassified As Loans Receivable1
DepositLiabilitiesReclassifiedAsLoansReceivable1
153000
CY2020Q4 fraf Time Deposits250000 Or More
TimeDeposits250000OrMore
8800000
CY2019Q4 fraf Time Deposits250000 Or More
TimeDeposits250000OrMore
11500000
CY2020Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
6600000
CY2019Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
1800000
CY2020Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Amount Available
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresMaximumAmountAvailable
387700000
CY2020Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Amount Of Available Unused Funds
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresAmountOfAvailableUnusedFunds
387700000
CY2020Q4 fraf Available Through Federal Reserve Discount Window
AvailableThroughFederalReserveDiscountWindow
26000000
CY2020Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
21000000.0
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
3561000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
762000
CY2020Q4 fraf Purchase Accounting
PurchaseAccounting
17000
CY2019Q4 fraf Purchase Accounting
PurchaseAccounting
16000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
996000
CY2020 fraf Tax Expense Benefit Nol Carryback
TaxExpenseBenefitNolCarryback
-1113000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-839000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1884000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2532000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
761000
CY2020Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
58000
CY2019Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
58000
CY2020Q4 fraf Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
1131000
CY2019Q4 fraf Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
1092000
CY2019Q4 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
1591000
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
581000
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
580000
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