{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-076605","form_type":"8-K","ticker":"PFIS","cik":"0001056943","company_name":"PEOPLES FINANCIAL SERVICES CORP.","filed_at":"2024-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.045404+00:00","generated_at":"2026-05-31T23:54:20.899572+00:00","sec_items":["2.01","2.03","5.02","5.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Peoples Financial completes merger with FNCB Bancorp, creating $5.5B community bank","bullets":["Merger effective July 1, 2024; each FNCB share converted to 0.1460 PFIS shares; total consideration ~2.94M shares.","Combined assets ~$5.5B, loans ~$4.0B, deposits ~$4.7B; operations in PA, NY, NJ.","Board expands to 16 directors: 8 from each legacy company; Jerry Champi named President, James Bone Jr. COO.","Peoples assumes $10.31M of FNCB's floating rate junior subordinated debentures due 2036.","Combined entity trades under PFIS on Nasdaq; all branches to operate under Peoples banner."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-076605","json":"https://secwatch.observer/filing/0001104659-24-076605.json","markdown":"https://secwatch.observer/filing/0001104659-24-076605.md","text":"https://secwatch.observer/filing/0001104659-24-076605.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/tm2418346d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T23:54:20.899572+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"13548221a0","claim":"Thomas P. Tulaney was appointed as Chief Operating Officer of Peoples Bank at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"Thomas P. Tulaney, the Chief Operating Officer of Peoples Bank following the effective time of the Bank Merger","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer of Peoples Bank"}]},{"claim_id":"1e3673d8c6","claim":"Joseph Coccia was appointed as Director at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"The eight FNCB Continuing Directors designated by FNCB pursuant to the Merger Agreement and the Peoples bylaw amendment, each of whom was serving as a member of the board of directors of FNCB immediately prior to the Effective Time, and was appointed as a member of the Board effective as of the Effective Time, are as follows: Louis A. DeNaples, Sr., William G. Bracey, Joseph Coccia, William P. Conaboy, Joseph L. DeNaples, Keith W. Eckel, Kathleen M. Lambert, and Thomas J. Melone.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]},{"claim_id":"386b7c0ff2","claim":"Thomas J. Melone was appointed as Director at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"The eight FNCB Continuing Directors designated by FNCB pursuant to the Merger Agreement and the Peoples bylaw amendment, each of whom was serving as a member of the board of directors of FNCB immediately prior to the Effective Time, and was appointed as a member of the Board effective as of the Effective Time, are as follows: Louis A. DeNaples, Sr., William G. Bracey, Joseph Coccia, William P. Conaboy, Joseph L. DeNaples, Keith W. Eckel, Kathleen M. Lambert, and Thomas J. Melone.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]},{"claim_id":"3e34b51b62","claim":"Louis A. DeNaples, Sr. was appointed as Vice Chairman of the Board at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"Mr. DeNaples, Sr., the chairman of the FNCB board of directors immediately prior to the Effective Time, was appointed as Vice Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Vice Chairman of the Board"}]},{"claim_id":"54442c253b","claim":"Gerard A. Champi was appointed as President of Peoples Bank at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"Gerard A. Champi, the President of Peoples Bank following the effective time of the Bank Merger","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President of Peoples Bank"}]},{"claim_id":"82cb773b00","claim":"Kathleen M. Lambert was appointed as Director at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"The eight FNCB Continuing Directors designated by FNCB pursuant to the Merger Agreement and the Peoples bylaw amendment, each of whom was serving as a member of the board of directors of FNCB immediately prior to the Effective Time, and was appointed as a member of the Board effective as of the Effective Time, are as follows: Louis A. DeNaples, Sr., William G. Bracey, Joseph Coccia, William P. Conaboy, Joseph L. DeNaples, Keith W. Eckel, Kathleen M. Lambert, and Thomas J. Melone.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]},{"claim_id":"ba82eddba0","claim":"William G. Bracey was appointed as Director at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"The eight FNCB Continuing Directors designated by FNCB pursuant to the Merger Agreement and the Peoples bylaw amendment, each of whom was serving as a member of the board of directors of FNCB immediately prior to the Effective Time, and was appointed as a member of the Board effective as of the Effective Time, are as follows: Louis A. DeNaples, Sr., William G. Bracey, Joseph Coccia, William P. Conaboy, Joseph L. DeNaples, Keith W. Eckel, Kathleen M. Lambert, and Thomas J. Melone.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]},{"claim_id":"bd2bcd8b44","claim":"Joseph L. DeNaples was appointed as Director at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"The eight FNCB Continuing Directors designated by FNCB pursuant to the Merger Agreement and the Peoples bylaw amendment, each of whom was serving as a member of the board of directors of FNCB immediately prior to the Effective Time, and was appointed as a member of the Board effective as of the Effective Time, are as follows: Louis A. DeNaples, Sr., William G. Bracey, Joseph Coccia, William P. Conaboy, Joseph L. DeNaples, Keith W. Eckel, Kathleen M. Lambert, and Thomas J. Melone.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]},{"claim_id":"dffe278da7","claim":"William P. Conaboy was appointed as Director at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"The eight FNCB Continuing Directors designated by FNCB pursuant to the Merger Agreement and the Peoples bylaw amendment, each of whom was serving as a member of the board of directors of FNCB immediately prior to the Effective Time, and was appointed as a member of the Board effective as of the Effective Time, are as follows: Louis A. DeNaples, Sr., William G. Bracey, Joseph Coccia, William P. Conaboy, Joseph L. DeNaples, Keith W. Eckel, Kathleen M. Lambert, and Thomas J. Melone.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]},{"claim_id":"e0712a2ca5","claim":"Keith W. Eckel was appointed as Director at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"The eight FNCB Continuing Directors designated by FNCB pursuant to the Merger Agreement and the Peoples bylaw amendment, each of whom was serving as a member of the board of directors of FNCB immediately prior to the Effective Time, and was appointed as a member of the Board effective as of the Effective Time, are as follows: Louis A. DeNaples, Sr., William G. Bracey, Joseph Coccia, William P. Conaboy, Joseph L. DeNaples, Keith W. Eckel, Kathleen M. Lambert, and Thomas J. Melone.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]},{"claim_id":"e1cd86ee88","claim":"Louis A. DeNaples, Sr. was appointed as Director at PEOPLES FINANCIAL SERVICES CORP..","evidence_excerpt":"The eight FNCB Continuing Directors designated by FNCB pursuant to the Merger Agreement and the Peoples bylaw amendment, each of whom was serving as a member of the board of directors of FNCB immediately prior to the Effective Time, and was appointed as a member of the Board effective as of the Effective Time, are as follows: Louis A. DeNaples, Sr., William G. Bracey, Joseph Coccia, William P. Conaboy, Joseph L. DeNaples, Keith W. Eckel, Kathleen M. Lambert, and Thomas J. Melone.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056943/000110465924076605/0001104659-24-076605-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}