secwatch.observer — SEC 8-K summary
======================================

Issuer:     PEOPLES FINANCIAL CORP /MS/ (PFBX)
CIK:        0000770460
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001437749-24-002078
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/770460/000143774924002078/0001437749-24-002078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/770460/000143774924002078/pfbx20240124_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-002078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer