secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES FINANCIAL CORP /MS/ (PFBX)
CIK:        0000770460
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001437749-21-024389
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Financial Q3 net income $1.1M vs loss $4.3M a year ago; EPS $0.23
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- Net income $1.107M ($0.23/share) for Q3 2021 vs net loss $4.262M ($0.87 loss) in Q3 2020.
- First nine months net income $6.226M ($1.28/share) vs net loss $3.416M ($0.70 loss) in prior year.
- Improvement driven by reduction in provision for loan losses: $173K reduction in Q3 vs $4.55M provision in 2020.
- Non-interest expense increased $1.125M due to lawsuit settlement in 2021.
- Primary capital ratio 13.38% at Sep 30, 2021; book value $19.77/share; total assets $825M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/770460/000143774921024389/0001437749-21-024389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/770460/000143774921024389/pfbx20211025_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-024389

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