Franklin Financial Services Corp. (PA) reported earnings results for the fourth quarter and year ended December 31, 2012. Net income for the quarter ended December 31, 2012 was $344,000 compared to 2011 fourth quarter earnings of $1,903,000. On a per share basis, diluted earnings were $0.08 for the quarter ended December 31, 2012 compared to $0.47 for the same period in 2011. Earnings in the fourth quarter were impacted by a tightening in net interest margin, lower non-interest income and increased nonrecurring expenses, which ultimately were a drag on revenue for the year.

The company reported earnings of $5,365,000 for the year 2012 compared to the year 2011 earnings of $6,569,000, a decrease of 18.3%. On a per share basis, diluted earnings were $1.32 for the year ended December 31, 2012 compared to $1.66 for the same period in 2011.