---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-002078"
form_type: "8-K"
ticker: "PFBX"
cik: "0000770460"
company_name: "PEOPLES FINANCIAL CORP /MS/"
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:37:23.700579+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Peoples Financial reports 2023 net income $9.17M ($1.96 EPS), third best year; annual meeting Apr 24

## Summary
- Full-year net income rose to $9.17M from $8.94M in 2022; EPS increased to $1.96 from $1.91.
- Q4 net income was $1.72M vs $5.25M last year, due to a $2.45M nonrecurring deferred tax benefit in Q4 2022.
- Net interest income for 2023 increased $4.92M to $26.47M driven by higher rates and loan income.
- Efficiency ratio improved to 67% from 77%; return on average assets rose to 1.10% from 1.06%.
- Annual meeting of shareholders scheduled for April 24, 2024.

## SEC filing metadata
- accession: 0001437749-24-002078
- form_type: 8-K
- ticker: PFBX
- cik: 0000770460
- company_name: PEOPLES FINANCIAL CORP /MS/
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/770460/000143774924002078/0001437749-24-002078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/770460/000143774924002078/pfbx20240124_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-002078
- JSON: https://secwatch.observer/filing/0001437749-24-002078.json
- Plain text: https://secwatch.observer/filing/0001437749-24-002078.txt

## Key facts
- Earnings Releases
  PEOPLES FINANCIAL CORP /MS/ reported for the fourth quarter ending December 31, 2023 results: net income $1,723,000, EPS $0.37.
  - Period: for the fourth quarter ending December 31, 2023
  - Net income: $1,723,000
  - EPS: $0.37
  - Result: reported results
  source text: Net income for the fourth quarter of 2023 was $1,723,000 compared to net income of $5,250,000 for the fourth quarter of 2022. The earnings per weighted average common share for the fourth quarter of 2023 were $0.37 compared to earnings per weighted average common share of $1.12 for the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/770460/000143774924002078/0001437749-24-002078-index.htm
- Earnings Releases
  PEOPLES FINANCIAL CORP /MS/ reported for the year ended December 31, 2023 results: net income $9,166,000, EPS $1.96.
  - Period: for the year ended December 31, 2023
  - Net income: $9,166,000
  - EPS: $1.96
  - Result: reported results
  source text: Net income for the year ended December 31, 2023 increased $225,000 to $9,166,000 compared to net income of $8,941,000 for the year ended December 31, 2022. The earnings per weighted average common share for the year ended December 31, 2023 were $1.96 compared to earnings per weighted average common share of $1.91 for the year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/770460/000143774924002078/0001437749-24-002078-index.htm

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