---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-020701"
form_type: "8-K"
ticker: "PFBX"
cik: "0000770460"
company_name: "PEOPLES FINANCIAL CORP /MS/"
filed_at: "2022-08-16T23:59:59+00:00"
generated_at: "2026-06-23T23:37:20.401001+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Peoples Financial completes acquisition of Trustmark corporate trust business

## Summary
- Trustmark sold substantially all assets of its Corporate Trust business to The Peoples Bank (Peoples Financial subsidiary).
- Approximately 200 bond issues were transitioned to The Peoples Bank.
- Trustmark will continue Wealth Management Division services (private banking, brokerage, trust, etc.).
- Transaction closed on August 15, 2022; no financial terms disclosed.

## SEC filing metadata
- accession: 0001437749-22-020701
- form_type: 8-K
- ticker: PFBX
- cik: 0000770460
- company_name: PEOPLES FINANCIAL CORP /MS/
- filed_at: 2022-08-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/770460/000143774922020701/0001437749-22-020701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/770460/000143774922020701/pfbx20220816_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-020701
- JSON: https://secwatch.observer/filing/0001437749-22-020701.json
- Plain text: https://secwatch.observer/filing/0001437749-22-020701.txt

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