secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES FINANCIAL CORP /MS/ (PFBX)
CIK:        0000770460
Form:       8-K/A
Filed at:   2022-04-26T23:59:59+00:00
Accession:  0001437749-22-009758
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Financial reviewing LIHTC investment accounting; may restate 2018 or earlier periods
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- Evaluating GAAP treatment of a Low Income Housing Tax Credit investment under ASC 323.
- Potential non-cash changes to historical GAAP results for periods ending Dec 31, 2018 or earlier.
- No expected impact on cash flows, dividends, or employee compensation.
- Review authorized by Board, supervised by Audit Committee; analysis not yet complete.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/770460/000143774922009758/0001437749-22-009758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/770460/000143774922009758/pfbx20220426_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-009758

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