---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-100181"
form_type: "8-K/A"
ticker: "PFIS"
cik: "0001056943"
company_name: "PEOPLES FINANCIAL SERVICES CORP."
filed_at: "2024-09-16T23:59:59+00:00"
generated_at: "2026-05-31T04:28:27.850229+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Peoples files pro forma financials for FNCB merger; $133.7M purchase price, $15.1M goodwill

## Summary
- Total purchase price $133.7M using 0.146x exchange ratio and Peoples stock at $45.54.
- Pro forma combined total assets $5.3B as of March 31, 2024.
- Pro forma Q1 2024 net income $10.9M; basic EPS $1.10.
- Includes $241.5M balance sheet restructuring: securities sale, FHLB payoff, federal funds.
- Goodwill of $15.1M recorded from the merger.

## SEC filing metadata
- accession: 0001104659-24-100181
- form_type: 8-K/A
- ticker: PFIS
- cik: 0001056943
- company_name: PEOPLES FINANCIAL SERVICES CORP.
- filed_at: 2024-09-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056943/000110465924100181/0001104659-24-100181-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056943/000110465924100181/tm2424066d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-100181
- JSON: https://secwatch.observer/filing/0001104659-24-100181.json
- Plain text: https://secwatch.observer/filing/0001104659-24-100181.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.