secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES FINANCIAL CORP /MS/ (PFBX)
CIK:        0000770460
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0001104659-25-101583
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Financial Q3 EPS $0.14; prior-year $3.31 included $15.2M tax benefit
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- Q3 2025 net income $643K ($0.14 EPS) vs $15.4M ($3.31 EPS) in Q3 2024; prior year included $15.2M tax benefit from reversal of deferred tax asset valuation allowance.
- Pre-tax income fell 41% to $786K from $1,334K; total interest income down $920K to $6,910K due to lower yields on securities and fed funds.
- Total deposits declined $83M to $637.6M, driven by loss of large public fund accounts in competitive bid processes.
- Bank remains well-capitalized with leverage ratio 15.19%; unrealized AFS securities losses improved to $30.4M from $38M at year-end 2024.
- Efficiency ratio worsened to 81% from 72% for nine months; ROAA fell to 0.54% (0.82% ex-discrete item) from 3.33%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/770460/000110465925101583/0001104659-25-101583-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/770460/000110465925101583/pfbx-20251022x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-101583

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