---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-001701"
form_type: "8-K"
ticker: "PFBX"
cik: "0000770460"
company_name: "PEOPLES FINANCIAL CORP /MS/"
filed_at: "2022-01-26T23:59:59+00:00"
generated_at: "2026-06-27T15:38:37.787901+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Peoples Financial reports 2021 net income of $8.6M, reversing prior year loss

## Summary
- Net income $8.579M ($1.77/share) vs net loss $2.751M (loss $0.56) in 2020.
- Q4 net income $2.353M ($0.49/share) vs $665K ($0.14) in Q4 2020.
- Improvement driven by $5.663M reduction in provision for loan losses; 2020 had $6.002M provision largely due to one credit.
- Nonaccrual loans reduced from $57.5M in 2011 to $701K; other real estate from $9.9M to $1.891M at Dec 31, 2021.
- Annual meeting set for April 27, 2022; lawsuit settlement of $1.125M impacted non-interest expense.

## SEC filing metadata
- accession: 0001437749-22-001701
- form_type: 8-K
- ticker: PFBX
- cik: 0000770460
- company_name: PEOPLES FINANCIAL CORP /MS/
- filed_at: 2022-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/770460/000143774922001701/0001437749-22-001701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/770460/000143774922001701/pfbx20220124_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-001701
- JSON: https://secwatch.observer/filing/0001437749-22-001701.json
- Plain text: https://secwatch.observer/filing/0001437749-22-001701.txt

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