Attached files
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EX-32.2 - CERTIFICATION - 1st FRANKLIN FINANCIAL CORP | ff_ex32z2.htm |
EX-32.1 - CERTIFICATION - 1st FRANKLIN FINANCIAL CORP | ff_ex32z1.htm |
EX-31.2 - CERTIFICATION - 1st FRANKLIN FINANCIAL CORP | ff_ex31z2.htm |
EX-31.1 - CERTIFICATION - 1st FRANKLIN FINANCIAL CORP | ff_ex31z1.htm |
EX-19 - QUARTERLY REPORT - 1st FRANKLIN FINANCIAL CORP | ff_ex19.htm |
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ITEM 1. | Financial Statements: | ||||||
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| The information contained under the following captions in the Company's Quarterly Report to Investors as of and for the six months ended June 30, 2017 is incorporated by reference herein. See Exhibit 19. | ||||||
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| Condensed Consolidated Statements of Financial Position (Unaudited): | |||||
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| June 30, 2017 and December 31, 2016 | ||||
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| Condensed Consolidated Statements of Income and Retained Earnings (Unaudited): | |||||
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| Three and Six Months Ended June 30, 2017 and June 30, 2016 | ||||
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| Condensed Consolidated Statements of Comprehensive Income (Unaudited): | |||||
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| Three and Six Months Ended June 30, 2017 and June 30, 2016 | ||||
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| Condensed Consolidated Statements of Cash Flows (Unaudited): | |||||
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| Six Months Ended June 30, 2017 and June 30, 2016 | |||||
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| Notes to Unaudited Condensed Consolidated Financial Statements | |||||
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ITEM 2. | Management's Discussion and Analysis of Financial Condition and Results of Operations: | ||||||
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| The information contained under the heading “Management's Discussion and Analysis of Financial Condition and Results of Operations” in the Company's Quarterly Report to Investors as of and for the six months ended June 30, 2017 is incorporated by reference herein. See Exhibit 19. | ||||||
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ITEM 3. | Quantitative and Qualitative Disclosures About Market Risk: | ||||||
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| The information contained under the heading “Management's Discussion and Analysis of Financial Condition and Results of Operations -- Quantitative and Qualitative Disclosures About Market Risk" in the Company's Quarterly Report to Investors as of and for the six months ended June 30, 2017 is incorporated by reference herein. See Exhibit 19. | ||||||
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ITEM 4. | Controls and Procedures: | ||||||
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We maintain a set of disclosure controls and procedures, as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”), designed to ensure that information required to be disclosed by the Company in reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. An evaluation was carried out as of the end of the period covered by this report, under the supervision and with the participation of the Company's management, including the Chief Executive Officer ("CEO") and Chief Financial Officer ("CFO"), of the effectiveness of our disclosure controls and procedures. Based on that evaluation, the CEO and CFO have concluded that, as of June 30, 2017, the Company’s disclosure controls and procedures were effective. No system of controls, no matter how well designed and operated, can provide absolute assurance that the objectives of the system of controls are met, and no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within a company have been detected. <PAGE> 1
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| There have been no changes in the Company's internal control over financial reporting that occurred during the quarter ended June 30, 2017 that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting. | ||||||
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PART II. OTHER INFORMATION | |||||||
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ITEM 1. | Legal Proceedings: | ||||||
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The Company is, and expects to be, involved in various legal proceedings incidental to its business from time to time. In the opinion of Management, the ultimate resolution of any such known claims or proceedings is not expected to have a material effect on the Company’s financial position, liquidity or results of operations. | ||||||
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ITEM 6. | Exhibits: | ||||||
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| (a) | Exhibits: | |||||
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31.1
31.2
32.1
32.2
101.INS
101.SCH
101.CAL
101.LAB
101.PRE
101.DEF | Quarterly Report to Investors as of and for the Six Months Ended June 30, 2017.
Certification of Principal Executive Officer Pursuant to Rule 13a-14(a) / 15d-14(a) of the Securities Exchange Act of 1934.
Certification of Principal Financial Officer Pursuant to Rule 13a-14(a) / 15d-14(a) of the Securities Exchange Act of 1934.
Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
XBRL Instance Document.
XBRL Taxonomy Extension Schema Document.
XBRL Taxonomy Extension Calculation Linkbase Document.
XBRL Taxonomy Extension Label Linkbase Document.
XBRL Taxonomy Extension Presentation Linkbase Document.
XBRL Taxonomy Extension Definition Linkbase Document.
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SIGNATURES | |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. | |
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| 1st FRANKLIN FINANCIAL CORPORATION |
| Registrant |
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| __/s/ Virginia C. Herring___________ |
| President and Chief Executive Officer |
| (Principal Executive Officer) |
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| __/s/ A. Roger Guimond__________ |
| Executive Vice President and Chief Financial Officer |
| (Principal Financial and Accounting Officer) |
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Date:August 14, 2017 | |
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<PAGE> 3 |
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1st FRANKLIN FINANCIAL CORPORATION | ||
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INDEX TO EXHIBITS | ||
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Exhibit No. | Description | Page No. |
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19
31.1
31.2
32.1
32.2 | Quarterly Report to Investors as of and for the Six Months Ended June 30, 2017
Certification of Principal Executive Officer Pursuant to Rule 13a-14(a) / 15d-14(a) of the Securities Exchange Act of 1934
Certification of Principal Financial Officer Pursuant to Rule 13a-14(a) / 15d-14(a) of the Securities Exchange Act of 1934
Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |
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31
32
33
34 |
101.INS 101.SCH 101.CAL 101.LAB 101.PRE 101.DEF
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XBRL Instance Document XBRL Taxonomy Extension Schema Document XBRL Taxonomy Extension Calculation Linkbase Document XBRL Taxonomy Extension Label Linkbase Document XBRL Taxonomy Extension Presentation Linkbase Document XBRL Taxonomy Extension Definition Linkbase Document
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<PAGE> 4 |