{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-006975","form_type":"8-K","ticker":"PFIS","cik":"0001056943","company_name":"PEOPLES FINANCIAL SERVICES CORP.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.796992+00:00","generated_at":"2026-06-16T07:55:00.122168+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Peoples Financial Services Q1 net income falls 21.3% to $1.05 EPS; provision and expenses rise","bullets":["Net income $7.6M ($1.05 diluted) vs $9.6M ($1.33) a year ago; net interest income up $0.4M.","Provision for credit losses increased to $1.3M from $0.3M due to loan growth and CECL adoption.","Noninterest expenses rose $2.2M on higher salaries, FDIC assessments, and loan processing fees.","Sold $65.6M in investment securities at $81k net gain to reduce short-term borrowings.","Adopted CECL: decreased allowance by $3.3M, increased retained earnings by $2.3M net of tax."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-006975","json":"https://secwatch.observer/filing/0001558370-23-006975.json","markdown":"https://secwatch.observer/filing/0001558370-23-006975.md","text":"https://secwatch.observer/filing/0001558370-23-006975.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1056943/000155837023006975/0001558370-23-006975-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1056943/000155837023006975/pfis-20230427x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T07:55:00.122168+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}