Highest-materiality recent filing
Peoples Financial Q2 net income down 28% to $897K; EPS $0.19 vs $0.27
Net income $897K, down $345K YoY; EPS $0.19 vs $0.27.
Peoples Financial declares $0.18 semi-annual dividend payable June 11, 2026
Regular semi-annual cash dividend of $0.18 per common share declared.
Peoples Financial board nominees elected; opposition nominee defeated
Board nominees won with ~2.75M FOR each (62%); opposition Stewart Peck got 1.66M FOR (38%).
Peoples Financial Q1 net income up 10.4% to $1.446M; EPS $0.31 vs $0.28
Net income $1.446M vs $1.310M YoY; EPS $0.31 vs $0.28 on 4.617M shares.
Q4 net income $716,000 ($0.16 EPS) vs $1,528,000 ($0.33 EPS) YoY; total interest income fell $1.071M to $6.569M.
Peoples Financial declares $0.18 semi-annual dividend payable Dec 12, 2025
Regular semi-annual cash dividend of $0.18 per common share declared.
Peoples Financial Q3 EPS $0.14; prior-year $3.31 included $15.2M tax benefit
Q3 2025 net income $643K ($0.14 EPS) vs $15.4M ($3.31 EPS) in Q3 2024; prior year included $15.2M tax benefit from reversal of deferred tax asset valuation allowance.
Board approved annual non-binding advisory votes on named executive officer compensation, overriding shareholder vote where 2,520,347 favored triennial (every 3 years).
Peoples Financial Q2 net income down 47% YoY; deposits fall $76M
Q2 net income fell to $1.242M ($0.27 EPS) from $2.329M ($0.50 EPS) YoY.
Peoples Financial Corp declares $0.18 semi-annual dividend, payable June 13, 2025
Declared regular semi-annual cash dividend of $0.18 per common share.
All six board nominees (Barnes, Dennis, O'Keefe, Riley, Sliman, Swetman) elected with ~2.8M for each; opposition nominee Peck received 1.57M for, 2.68M withheld.
Peoples Financial Q1 net income falls 46% to $1.31M; EPS $0.28 vs $0.52
Net income $1.31M vs $2.415M in Q1 2024; EPS $0.28 vs $0.52.
Q4 2024 net income $1.528M ($0.33 EPS) vs $1.723M ($0.37 EPS) in Q4 2023, driven by higher noninterest expense and interest expense.
Peoples Financial Corp declares $0.26 total dividend including $0.08 special; payable Dec 13
Regular semi-annual cash dividend of $0.18 per share; special dividend of $0.08 per share; total $0.26 per share.
Q3 2024 net income $15.4M ($3.31 EPS) vs $1.9M ($0.41 EPS) a year ago; includes $15.2M one-time tax benefit from valuation allowance reversal.
Peoples Financial Q2 net income falls 20% to $0.50 EPS on higher deposit costs
Net income $2.33M vs $2.91M in Q2 2023; EPS $0.50 vs $0.62.
Peoples Financial declares $0.18 semi-annual cash dividend
Declared regular semi-annual cash dividend of $0.18 per common share.
Board nominees each received ~2.8M votes for, ~1.4M withheld; opposition candidate Stewart Peck got 1.47M for.
Peoples Financial Q1 net income down 8% to $2.4M, announces $1M stock buyback
Net income $2.415M ($0.52 diluted EPS) vs $2.623M ($0.56) in Q1 2023, down 8%.
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.
Peoples Financial VP & Secretary retires; Christy Ireland appointed
Brian J. Kozlowski retired as VP and Secretary of Peoples Financial Corp and SVP of The Peoples Bank on Jan 12, 2024.
Peoples Financial changes auditor to EisnerAmper after P&N combination
Postlethwaite & Netterville (P&N) resigned as auditor upon combining with EisnerAmper LLP.
Q3 net income up 6.9% to $1.91M; regular dividend raised 50% plus $0.23 special dividend
Q3 2023 net income $1.91M ($0.41 EPS) vs $1.786M ($0.38 EPS) in Q3 2022.
Peoples Financial announces $1M stock repurchase program, effective immediately, up to 5 months
Board approved repurchase of up to $1,000,000 of outstanding common stock.
Peoples Financial Q2 net income up to $2.91M from $1.09M YoY; EPS $0.62
Net income Q2 2023 $2.91M ($0.62/share) vs $1.09M ($0.23) in Q2 2022; net interest income rose $2.0M to $7.2M.
Peoples Financial shareholders elect all six board nominees, defeat dissident candidate
Each of the six management director nominees received ~2.5-2.6M For votes; opposition nominee Rodney H. Blackwell received 1.57M For.
Peoples Financial Q1 net income $2.6M, EPS $0.56, up from $0.20; declares 20% dividend increase
Net income $2,623,000 ($0.56/sh) vs $924,000 ($0.20/sh) in Q1 2022.
Peoples Financial changes auditor from Wipfli to P&N; no disagreements reported
Wipfli completed its audit of 2022 financials; its reports for 2021 and 2022 contained no adverse opinion or qualification.
Peoples Financial Q4 net income $5.25M ($1.12 EPS); equity down 40% on unrealized losses
Q4 net income $5.25M vs $2.43M in Q4 2021; EPS $1.12 vs $0.52, aided by $2.45M deferred tax benefit.
Peoples Financial amends bylaws to adopt universal proxy rules and stockholder meeting procedures
Board approved amended and restated bylaws effective Nov 22, 2022, including Rule 14a-19 compliance provisions.
Peoples Financial Q3 net income up 58% to $1.75M; equity drops 50% on AFS unrealized losses
Q3 2022 net income $1.75M ($0.37 EPS) vs $1.11M ($0.23 EPS) in Q3 2021, a 58% increase.
Peoples Financial appoints Postlethwaite & Netterville as new auditor for FY2023
P&N approved as independent registered public accounting firm for fiscal year ending Dec 31, 2023, subject to client acceptance.
Peoples Financial completes acquisition of Trustmark corporate trust business
Trustmark sold substantially all assets of its Corporate Trust business to The Peoples Bank (Peoples Financial subsidiary).
Peoples Financial Q2 EPS $0.23 vs $0.16; equity falls on AFS losses
Q2 net income $1.055M ($0.23 EPS) vs $0.789M ($0.16 EPS) in Q2 2021; net interest income up $465K to $5.193M.
Peoples Financial Q1 net income $887K, down 79% YoY; discloses $2.11M accounting error
Net income $887K ($0.19 EPS) vs $4.33M ($0.89 EPS) in Q1 2021; weighted shares 4.68M vs 4.88M.
Shareholders re-elect all board nominees; opposition candidate Blackwell receives 30% vote
All six board-nominated directors elected; opposition nominee Rodney H. Blackwell received 1,203,768 votes (approx 30% of shares voted).
Peoples Financial reviewing LIHTC investment accounting; may restate 2018 or earlier periods
Evaluating GAAP treatment of a Low Income Housing Tax Credit investment under ASC 323.
Peoples Financial begins review of LIHTC investment accounting; may adjust prior-period financials
Review examines classification of a Low Income Housing Tax Credit limited partnership investment under ASC 320.
Peoples Financial CFO Lauri A. Wood retires; Leslie B. Fulton hired as new CFO
CFO Lauri A. Wood retired April 1, 2022 after 32 years; was CFO since 1994.
Peoples Financial's bank buying Trustmark's corporate trust business for $650,000
The Peoples Bank acquires Trustmark's corporate trust business for $650,000, subject to adjustment for asset fluctuation.
Peoples Financial declares $0.09 semi-annual dividend, an increase
Semi-annual dividend increased to $0.09 per share from prior level.
Peoples Financial CFO? No, VP & Secretary retires; successor appointed
Evelyn R. Herrington, 67, retired as VP and Secretary after 26 years of service.
Peoples Financial reports 2021 net income of $8.6M, reversing prior year loss
Net income $8.579M ($1.77/share) vs net loss $2.751M (loss $0.56) in 2020.
Peoples Financial First VP Ann F. Guice retires after 29 years
Ann F. Guice, age 74, retired as First VP of Peoples Financial and SVP of The Peoples Bank effective Dec 31, 2021.
Peoples Financial amends director deferred comp plan; rate cut from 10% to prime (3.25%)
Amendment effective Jan 1, 2022 changes interest on deferred fees from fixed 10%/7.5% to Chase Manhattan Prime Rate.
Peoples Financial declares $0.06 semi-annual dividend; completes share repurchase of 200,000 shares
Semi-annual dividend of $0.06 per share declared; payable Dec 8, 2021 to holders of record Dec 3, 2021.
Peoples Financial CFO Lauri A. Wood to retire March 31, 2022; search underway
CFO Lauri A. Wood notified the company of her intention to retire on March 31, 2022.
Peoples Financial Q3 net income $1.1M vs loss $4.3M a year ago; EPS $0.23
Net income $1.107M ($0.23/share) for Q3 2021 vs net loss $4.262M ($0.87 loss) in Q3 2020.
Peoples Financial reports Q2 net income of $789K vs loss of $277K; EPS $0.16
Net income of $789,000 ($0.16 EPS) in Q2 2021 vs net loss of $277,000 ($0.06 loss) in Q2 2020.
At its meeting on December 20, 2023, the Board of Directors of Peoples Financial Corporation named Christy N. Ireland as Vice President and Secretary of the company.
Brian J. Kozlowski, age 61, Vice President and Secretary of Peoples Financial Corporation and Senior Vice President of The Peoples Bank, Biloxi, Mississippi, a wholly-owned subsidiary of Peoples Financial Corporation, has announced his retirement effective January 12, 2024 after 28 years of service.
The Company has hired Leslie B. Fulton who will be the new Chief Financial Officer.
On April 1, 2022, Lauri A. Wood, age 60, Chief Financial Officer of Peoples Financial Corporation, (the “Company”), and Senior Vice President of The Peoples Bank, Biloxi, Mississippi, a wholly-owned subsidiary of Peoples Financial Corporation, retired after thirty-two years of service.
At its meeting on January 26, 2022, the Board of Directors of Peoples Financial Corporation named Brian J. Kozlowski as Vice President and Secretary of the company.
On February 4, 2022, Evelyn R. Herrington, age 67, former Vice President and Secretary of Peoples Financial Corporation and Senior Vice President of The Peoples Bank, Biloxi, Mississippi, a wholly-owned subsidiary of Peoples Financial Corporation, retired after twenty-six years of service.
On December 31, 2021, Ann F. Guice, age 74, First Vice President of Peoples Financial Corporation and Senior Vice President of The Peoples Bank, Biloxi, Mississippi, a wholly-owned subsidiary of Peoples Financial Corporation, retired after twenty-nine years of service.
Max materiality 0.75 · Median 0.50 · Most common event earnings