secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES FINANCIAL CORP /MS/ (PFBX)
CIK:        0000770460
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001104659-26-007847
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Financial Q4 net income falls to $716k ($0.16 EPS) from $1.528M; full-year EPS $0.85 vs $4.66
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- Q4 net income $716,000 ($0.16 EPS) vs $1,528,000 ($0.33 EPS) YoY; total interest income fell $1.071M to $6.569M.
- Full-year net income $3.911M ($0.85 EPS) down from $21.703M ($4.66 EPS) in 2024, largely due to absence of $15.2M deferred tax benefit from 2024.
- Total deposits decreased $116.3M to $604.4M from $720.7M due to loss of large public fund deposits in competitive bids.
- Efficiency ratio worsened to 83% from 73%; ROAA fell to 0.50% (2024: 2.65% including discrete item, 0.80% excluding).
- Board extended stock repurchase program (up to $750k or 40k shares) with no expiration; annual meeting set for April 22, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/770460/000110465926007847/0001104659-26-007847-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/770460/000110465926007847/pfbx-20260128x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-007847

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