secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES FINANCIAL SERVICES CORP. (PFIS)
CIK:        0001056943
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001558370-22-010858
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Financial Q2 net income $9.4M ($1.30/diluted), up 10.2% YoY
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- Net income $9.4M, diluted EPS $1.30; six-month net income $19.0M, EPS $2.63 (record first-half).
- Non-PPP loan growth of $278.3M (24.8% annualized) in H1 2022; provision for loan losses $1.0M in Q2.
- Dividend paid $0.78/share in H1 2022, up 5.4% YoY.
- Net interest margin (tax-equiv) improved to 3.06% in Q2 from 2.96% in Q2 2021.
- Nonperforming assets improved to 0.18% of loans at June 30, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056943/000155837022010858/0001558370-22-010858-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056943/000155837022010858/pfis-20220721x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-010858

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