secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES FINANCIAL CORP /MS/ (PFBX)
CIK:        0000770460
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001437749-22-017906
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Financial Q2 EPS $0.23 vs $0.16; equity falls on AFS losses
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- Q2 net income $1.055M ($0.23 EPS) vs $0.789M ($0.16 EPS) in Q2 2021; net interest income up $465K to $5.193M.
- First-half 2022 net income $1.942M ($0.42 EPS) down from $5.119M ($1.05 EPS) in H1 2021; prior year included $4.51M loan recovery gain.
- Shareholders' equity fell to $55.96M from $94.07M due to $35.1M unrealized losses on AFS securities from higher rates; leverage ratio remains strong at 20.53%.
- Other real estate reduced to $417K from $2.621M year-over-year, reflecting improved asset quality.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/770460/000143774922017906/0001437749-22-017906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/770460/000143774922017906/pfbx20220725_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-017906

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