secwatch.observer — SEC 8-K summary
======================================

Issuer:     PEOPLES FINANCIAL CORP /MS/ (PFBX)
CIK:        0000770460
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001437749-21-017752
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Financial reports Q2 net income of $789K vs loss of $277K; EPS $0.16
----------------------------------------------------------------------------

- Net income of $789,000 ($0.16 EPS) in Q2 2021 vs net loss of $277,000 ($0.06 loss) in Q2 2020.
- Six-month net income rose to $5,119,000 ($1.05 EPS) from $846,000 ($0.17 EPS) in prior year.
- Provision for loan losses fell to $22,000 in Q2 2021 from $1,333,000 in Q2 2020, aided by a $1,135,000 specific reserve in 2020.
- Non-interest expense increased due to a $1,125,000 lawsuit settlement during first half of 2021.
- Book value per share $19.72; total assets $768 million; primary capital ratio 13.89%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/770460/000143774921017752/0001437749-21-017752-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/770460/000143774921017752/pfbx20210723_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-017752

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer