The hunt for strong, undervalued dividend growth community banks continues. Today, I will review a $1.3b bank headquartered in Chambersburg, PA. Franklin Financial Services Corporation (NASDAQ:FRAF) has 22 locations in the wonderful state of Pennsylvania. Commonly known as F&M Trust, this bank has a strong dividend yield and some solid financial statements for 2019. It was definitely worth a deeper dive to see if this company will be added to my watch list or if I will continue my quest elsewhere.
Financial Statement Review
F&M Trust's most recent financial statement information is as