1st FRANKLIN FINANCIAL CORPORATION: 10-Q filed 2022-08-15

Name: 1st FRANKLIN FINANCIAL CORPORATION: 10-Q filed 2022-08-15
Creator: 1st FRANKLIN FINANCIAL CORPORATION

What 1st FRANKLIN FINANCIAL CORPORATION reported in its quarterly report filed 2022-08-15 (fiscal Q2 2022): 21 published measures, 64 facts as tagged in accession 0001376474-22-000368.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-08-15
Fiscal period: fiscal Q2 2022
Accession: 0001376474-22-000368 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All 1st FRANKLIN FINANCIAL CORPORATION filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2022-06-30	1,132,446,835	USD
At 2021-12-31	1,118,221,935	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2022-06-30	862,852,545	USD
At 2021-12-31	821,464,182	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2022-06-30	38,591,251	USD
At 2021-12-31	33,060,390	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	9,115,639	USD	91
2022-01-01 to 2022-06-30	15,179,545	USD	181
2021-04-01 to 2021-06-30	10,771,175	USD	91
2021-01-01 to 2021-06-30	21,899,554	USD	181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	43,331,958	USD	181
2021-01-01 to 2021-06-30	40,028,156	USD	181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	1,676,427	USD	181
2021-01-01 to 2021-06-30	1,716,411	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	43,221,257	USD	181
2021-01-01 to 2021-06-30	2,635,545	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-74,658,690	USD	181
2021-01-01 to 2021-06-30	-59,642,154	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2022-06-30	291,793,297	USD
At 2021-12-31	286,851,102	USD

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	53.62	USD/shares	91
2022-01-01 to 2022-06-30	89.29	USD/shares	181
2021-04-01 to 2021-06-30	63.36	USD/shares	91
2021-01-01 to 2021-06-30	128.82	USD/shares	181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	1,104,906	USD	91
2022-01-01 to 2022-06-30	1,842,156	USD	181
2021-04-01 to 2021-06-30	961,009	USD	91
2021-01-01 to 2021-06-30	1,840,689	USD	181

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	6,586,420	USD	91
2022-01-01 to 2022-06-30	12,864,784	USD	181
2021-04-01 to 2021-06-30	5,583,211	USD	91
2021-01-01 to 2021-06-30	11,086,436	USD	181

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	47,851,532	USD	91
2022-01-01 to 2022-06-30	94,607,536	USD	181
2021-04-01 to 2021-06-30	44,037,472	USD	91
2021-01-01 to 2021-06-30	88,993,887	USD	181

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2022-06-30	52,261,345	USD
At 2021-12-31	40,366,820	USD
At 2021-06-30	50,699,969	USD
At 2020-12-31	67,678,422	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2022-06-30	-22,369,007	USD
At 2021-12-31	9,736,651	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2022-06-30	269,594,290	USD
At 2022-03-31	284,370,379	USD
At 2021-12-31	296,757,753	USD
At 2021-06-30	288,468,047	USD
At 2021-03-31	282,541,514	USD
At 2020-12-31	278,439,328	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	10,220,545	USD	91
2022-01-01 to 2022-06-30	17,021,701	USD	181
2021-04-01 to 2021-06-30	11,732,184	USD	91
2021-01-01 to 2021-06-30	23,740,243	USD	181

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	32,919,000	USD	91
2022-01-01 to 2022-06-30	60,818,000	USD	181
2021-04-01 to 2021-06-30	30,613,000	USD	91
2020-01-01 to 2020-06-30	58,820,000	USD	182

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-4,538,739	USD	91
2022-01-01 to 2022-06-30	-16,926,113	USD	181
2021-04-01 to 2021-06-30	11,957,978	USD	91
2021-01-01 to 2021-06-30	20,215,025	USD	181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	2,190,059	USD	181
2021-01-01 to 2021-06-30	2,340,844	USD	181

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-6,066	USD	181
2021-01-01 to 2021-06-30	27,192	USD	181

Inspect the source

Entity: 1st FRANKLIN FINANCIAL CORPORATION / CIK 0000038723
Captured: 2026-09-21T17:16:32.117Z
SEC response SHA-256: a695449aa0f0a6f97ca2b398219725201a214cc7f9e8d4669b57351f4b67d155

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000038723.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))