---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-024796"
form_type: "8-K"
ticker: "PFBX"
cik: "0000770460"
company_name: "PEOPLES FINANCIAL CORP /MS/"
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T01:01:11.583102+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Peoples Financial Q3 net income up 58% to $1.75M; equity drops 50% on AFS unrealized losses

## Summary
- Q3 2022 net income $1.75M ($0.37 EPS) vs $1.11M ($0.23 EPS) in Q3 2021, a 58% increase.
- Nine-month net income fell 40.7% to $3.69M ($0.79 EPS) from $6.23M ($1.28 EPS) due to prior-year non-recurring loan recovery.
- Shareholders' equity dropped 49.5% to $47.7M from $94.4M, driven by $45.1M unrealized losses on AFS securities from rising rates.
- Cash dividend of $0.10 per share declared, payable Nov 10, 2022 to holders of record Nov 7.
- Acquired Trustmark corporate trust business for $650k, closed Aug 15, 2022.

## SEC filing metadata
- accession: 0001437749-22-024796
- form_type: 8-K
- ticker: PFBX
- cik: 0000770460
- company_name: PEOPLES FINANCIAL CORP /MS/
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/770460/000143774922024796/0001437749-22-024796-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/770460/000143774922024796/pfbx20221025_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-024796
- JSON: https://secwatch.observer/filing/0001437749-22-024796.json
- Plain text: https://secwatch.observer/filing/0001437749-22-024796.txt

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