2013 Q4 Form 10-Q Financial Statement

#000119312513439629 Filed on November 13, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $420.0K $450.0K $530.0K
YoY Change -14.29% -15.09% 8.16%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $374.0K $459.0K
YoY Change -18.52%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$2.150M $781.0K $800.0K
YoY Change -359.04% -2.38% 86.05%
Income Tax -$1.270M -$105.0K $50.00K
% Of Pretax Income -13.44% 6.25%
Net Earnings -$880.0K $886.0K $750.0K
YoY Change -207.32% 18.13% 29.31%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$171.9K $173.8K $145.9K
COMMON SHARES
Basic Shares Outstanding 5.123M shares 5.123M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $36.26M $34.64M $26.71M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $25.31M $25.69M $26.60M
YoY Change -3.49% -3.41% -6.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $762.3M $796.5M $813.4M
YoY Change -5.3% -2.07% -0.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $139.6M $147.6M $138.1M
YoY Change -28.12% 6.88% -20.13%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $139.6M $147.6M $138.1M
YoY Change -28.12% 6.88% -20.13%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $17.20M $16.60M $15.70M
YoY Change 5.52% 5.73% -16.49%
Total Long-Term Liabilities $17.20M $16.60M $15.70M
YoY Change 5.52% 5.73% -16.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $139.6M $147.6M $138.1M
Total Long-Term Liabilities $17.20M $16.60M $15.70M
Total Liabilities $663.1M $694.4M $702.3M
YoY Change -4.47% -1.13% -1.04%
SHAREHOLDERS EQUITY
Retained Earnings $34.26M $35.14M
YoY Change -2.02%
Common Stock $70.90M $70.90M
YoY Change -0.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $99.15M $102.1M $111.2M
YoY Change
Total Liabilities & Shareholders Equity $762.3M $796.5M $813.4M
YoY Change -5.3% -2.07% -0.48%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$880.0K $886.0K $750.0K
YoY Change -207.32% 18.13% 29.31%
Depreciation, Depletion And Amortization $420.0K $450.0K $530.0K
YoY Change -14.29% -15.09% 8.16%
Cash From Operating Activities $4.700M $1.130M $2.740M
YoY Change 74.07% -58.76% -7.43%
INVESTING ACTIVITIES
Capital Expenditures -$30.00K -$90.00K -$70.00K
YoY Change -80.0% 28.57% -61.11%
Acquisitions
YoY Change
Other Investing Activities $28.92M -$16.73M $29.84M
YoY Change -16.15% -156.07% -385.0%
Cash From Investing Activities $28.88M -$16.81M $29.77M
YoY Change -15.9% -156.47% -379.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.96M -2.020M -40.02M
YoY Change 228.81% -94.95% 568.11%
NET CHANGE
Cash From Operating Activities 4.700M 1.130M 2.740M
Cash From Investing Activities 28.88M -16.81M 29.77M
Cash From Financing Activities -31.96M -2.020M -40.02M
Net Change In Cash 1.620M -17.70M -7.510M
YoY Change -94.07% 135.69% -45.1%
FREE CASH FLOW
Cash From Operating Activities $4.700M $1.130M $2.740M
Capital Expenditures -$30.00K -$90.00K -$70.00K
Free Cash Flow $4.730M $1.220M $2.810M
YoY Change 65.96% -56.58% -10.51%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Document Fiscal Year Focus
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dei Document Type
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dei Document Period End Date
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CashAndCashEquivalentsAtCarryingValue
54020000
CY2012Q4 us-gaap Loans Receivable Commercial Mortgage
LoansReceivableCommercialMortgage
246420000
CY2012Q4 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
17932000
CY2012Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
42967000
CY2012Q4 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
FinancingReceivableRecordedInvestment60To89DaysPastDue
5406000
CY2012Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1445000
CY2012Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
50668000
CY2012Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
388116000
CY2012Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
258876000
CY2012Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
7225000
CY2012Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
2380000
CY2012Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
64742000
CY2012Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
14682000
CY2012Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
51863000
CY2012Q4 us-gaap Other Assets
OtherAssets
2144000
CY2012Q4 us-gaap Loans And Leases Receivable Other
LoansAndLeasesReceivableOther
9548000
CY2012Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
2380000
CY2012Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
431083000
CY2012Q4 us-gaap Loans Receivable Commercial Development
LoansReceivableCommercialDevelopment
27338000
CY2012Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
66545000
CY2012Q4 us-gaap Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue
19629000
CY2012Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
241879775
CY2012Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
7008000
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26222000
CY2012Q4 pfbx Fair Value Measured On Non Recurring Basis Impaired Loans
FairValueMeasuredOnNonRecurringBasisImpairedLoans
16030000
CY2012Q4 pfbx Other Investments Fair Value Disclosure
OtherInvestmentsFairValueDisclosure
3450000
CY2012Q4 pfbx Real Estate Acquired Through Foreclosure Fair Value Disclosure
RealEstateAcquiredThroughForeclosureFairValueDisclosure
7008000
CY2012Q4 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesLessThanTwelveMonthsGrossUnrealizedLosses
431000
CY2012Q4 pfbx Loans Receivables Gaming
LoansReceivablesGaming
60187000
CY2012Q4 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsGrossUnrealizedLosses
CY2012Q4 pfbx Prepaid Fdic Assessments
PrepaidFdicAssessments
1705000
CY2012Q4 pfbx Available For Sale And Held To Maturity Securities Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesGrossUnrealizedLosses
431000
CY2012Q4 pfbx Impaired Financing Receivable With Related Allowance Related Allowance
ImpairedFinancingReceivableWithRelatedAllowanceRelatedAllowance
3074000
CY2012Q4 pfbx Impaired Financing Receivable With No Related Allowance Related Allowance
ImpairedFinancingReceivableWithNoRelatedAllowanceRelatedAllowance
CY2012Q4 pfbx Accrued Interest Receivable
AccruedInterestReceivable
2895000
CY2012Q4 pfbx Noninterest Bearing Deposit Liabilities Domestic Fair Value Disclosure
NoninterestBearingDepositLiabilitiesDomesticFairValueDisclosure
102609000
CY2012Q4 pfbx Available For Sale And Held To Maturity Securities Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesFairValue
41673000
CY2012Q4 pfbx Interest Bearing Deposit Liabilities Fair Value Disclosure
InterestBearingDepositLiabilitiesFairValueDisclosure
376209000
CY2012Q4 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsFairValue
CY2012Q4 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesLessThanTwelveMonthsFairValue
41673000
CY2012Q4 pfbx Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
419000
CY2012Q4 pfbx Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
12000
CY2012Q4 pfbx Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
112000
CY2012Q4 pfbx Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
4996000
dei Trading Symbol
TradingSymbol
PFBX
dei Entity Registrant Name
EntityRegistrantName
PEOPLES FINANCIAL CORP /MS/
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Central Index Key
EntityCentralIndexKey
0000770460
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5130811 shares
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5303000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.07
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
6 Contract
us-gaap Use Of Estimates
UseOfEstimates
<p> Use of Estimates - The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Material estimates common to the banking industry that are particularly susceptible to significant change in the near term include, but are not limited to, the determination of the allowance for loan losses, the valuation of other real estate acquired in connection with foreclosure or in satisfaction of loans and valuation allowances associated with the realization of deferred tax assets, which are based on future taxable income.</p>
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
16230000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
11611000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-8442000
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
4649000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
458000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
15000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
174169000
us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
67000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
226000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
153170000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
4670000
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
460000
us-gaap Income Taxes Paid
IncomeTaxesPaid
810000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-756000
us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
257997
us-gaap Interest And Other Income
InterestAndOtherIncome
17409000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
458000
us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
1062000
us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-2000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-224000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-591000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
266000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
12995000
us-gaap Net Income Loss
NetIncomeLoss
345000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-29186000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-59000
us-gaap Interest Income Securities Other Us Government
InterestIncomeSecuritiesOtherUSGovernment
2307000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8787000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
364000
us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
12000
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
258000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
88000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
181000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
685000
us-gaap Noninterest Income
NoninterestIncome
6838000
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
45000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
806000
us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
1140000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
40000
us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
430000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-8617000
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
230000
us-gaap Noninterest Expense
NoninterestExpense
19040000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
212500000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
925000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
3695825
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-28758000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-210000
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
10628000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
4439000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2742000
us-gaap Equipment Expense
EquipmentExpense
2164000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
181000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-19378000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
4619000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
28140000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
124000
us-gaap Interest Expense
InterestExpense
1179000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
19000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
28949000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2238000
us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
46000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
57089000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
10628000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
170000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
607000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
928000
us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
127000
us-gaap Occupancy Net
OccupancyNet
1780000
us-gaap Depreciation
Depreciation
1331000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
26075225
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1115000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
8996000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
125329000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-936000
pfbx Atm Expense
AtmExpense
1826000
pfbx Percentage Of Time Deposits Provide For Automatic Renewal At Current Interest Rates
PercentageOfTimeDepositsProvideForAutomaticRenewalAtCurrentInterestRates
0.9800 pure
pfbx Increase Decrease In Surrender Value Of Life Insurance
IncreaseDecreaseInSurrenderValueOfLifeInsurance
77000
pfbx Insurance Proceeds From Casualty Loss On Other Real Estate
InsuranceProceedsFromCasualtyLossOnOtherRealEstate
57000
pfbx Number Of Operating Subsidiary
NumberOfOperatingSubsidiary
2 Subsidiary
pfbx Proceeds From Repayments Of Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
ProceedsFromRepaymentsOfFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
-46604000
pfbx Interest On Deposits And Borrowings
InterestOnDepositsAndBorrowings
1198021
pfbx Increase Decrease In Demand And Savings Deposits
IncreaseDecreaseInDemandAndSavingsDeposits
16003000
pfbx Time Deposits Year Of Maturity
TimeDepositsYearOfMaturity
2017
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5136918 shares
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5410000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.35
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
16908000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
233000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
307299000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
514000
us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
12000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
1560723000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
5561000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
14537000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2230000
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
4356000
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
450000
us-gaap Income Taxes Paid
IncomeTaxesPaid
615000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-642000
us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
1300547
us-gaap Interest And Other Income
InterestAndOtherIncome
18547000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
103000
us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
1111000
us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-1000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-267000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1719000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
13789000
us-gaap Net Income Loss
NetIncomeLoss
1816000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
8894000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-27000
us-gaap Interest Income Securities Other Us Government
InterestIncomeSecuritiesOtherUSGovernment
3101000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
414000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
366000
us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
15000
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
1301000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
443000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
225000
us-gaap Noninterest Income
NoninterestIncome
7320000
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-84000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
88000
us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
1116000
us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
281000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1272000
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
36000
us-gaap Noninterest Expense
NoninterestExpense
20138000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
1557866000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1064000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
2545780
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6681000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
655000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2694000
us-gaap Equipment Expense
EquipmentExpense
2385000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-10224000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2371000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
179000
us-gaap Interest Expense
InterestExpense
1639000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
3522000
us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
153000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22315000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
858000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-22000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1334000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
1162000
us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
298000
us-gaap Occupancy Net
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1885000
us-gaap Depreciation
Depreciation
1560000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
63339638
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1150000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
9283000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
298643000
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
180000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-97000
pfbx Atm Expense
AtmExpense
1493000
pfbx Increase Decrease In Surrender Value Of Life Insurance
IncreaseDecreaseInSurrenderValueOfLifeInsurance
77000
pfbx Proceeds From Repayments Of Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
ProceedsFromRepaymentsOfFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
-19525000
pfbx Interest On Deposits And Borrowings
InterestOnDepositsAndBorrowings
1648779
pfbx Increase Decrease In Demand And Savings Deposits
IncreaseDecreaseInDemandAndSavingsDeposits
46442000
CY2012 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
7 Contract
CY2012 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
327000
CY2012 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
350000
CY2012 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
23000
CY2012 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
50602000
CY2012 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
10851000
CY2012 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
11863000
CY2012 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
62465000
CY2012 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
10851000
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2012Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5136918 shares
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.14
CY2012Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5622000
CY2012Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
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CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2012Q3 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
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CY2012Q3 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
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CY2012Q3 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
3000
CY2012Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
164000
CY2012Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
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CY2012Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
33000
CY2012Q3 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
440000
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
800000
CY2012Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4637000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
750000
CY2012Q3 us-gaap Interest Income Securities Other Us Government
InterestIncomeSecuritiesOtherUSGovernment
861000
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
205000
CY2012Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
119000
CY2012Q3 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
10000
CY2012Q3 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
336000
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
114000
CY2012Q3 us-gaap Noninterest Income
NoninterestIncome
2303000
CY2012Q3 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-48000
CY2012Q3 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
376000
CY2012Q3 us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
112000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
427000
CY2012Q3 us-gaap Noninterest Expense
NoninterestExpense
6584000
CY2012Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
328000
CY2012Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
220000
CY2012Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
983000
CY2012Q3 us-gaap Equipment Expense
EquipmentExpense
731000
CY2012Q3 us-gaap Provision For Loan Losses Expensed
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541000
CY2012Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
60000
CY2012Q3 us-gaap Interest Expense
InterestExpense
459000
CY2012Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
229000
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
222000
CY2012Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
449000
CY2012Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
318000
CY2012Q3 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
81000
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610000
CY2012Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2964000
CY2012Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
180000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50000
CY2012Q3 pfbx Atm Expense
AtmExpense
519000
CY2013Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5123316 shares
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.18
CY2013Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5431000
CY2013Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
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CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1020000
CY2013Q3 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
1618000
CY2013Q3 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
228000
CY2013Q3 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
3000
CY2013Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
160000
CY2013Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
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CY2013Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
310000
CY2013Q3 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
368000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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781000
CY2013Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4217000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
886000
CY2013Q3 us-gaap Interest Income Securities Other Us Government
InterestIncomeSecuritiesOtherUSGovernment
828000
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1906000
CY2013Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
121000
CY2013Q3 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
6000
CY2013Q3 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
3000
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
1000
CY2013Q3 us-gaap Noninterest Income
NoninterestIncome
2306000
CY2013Q3 us-gaap Gain Loss On Sale Of Other Investments
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36000
CY2013Q3 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
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CY2013Q3 us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
139000
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-1904000
CY2013Q3 us-gaap Noninterest Expense
NoninterestExpense
6414000
CY2013Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
305000
CY2013Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
981000
CY2013Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1041000
CY2013Q3 us-gaap Equipment Expense
EquipmentExpense
722000
CY2013Q3 us-gaap Provision For Loan Losses Expensed
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542000
CY2013Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
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43000
CY2013Q3 us-gaap Interest Expense
InterestExpense
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CY2013Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1306000
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
2000
CY2013Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
162000
CY2013Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
293000
CY2013Q3 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
38000
CY2013Q3 us-gaap Occupancy Net
OccupancyNet
544000
CY2013Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3005000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-105000
CY2013Q3 pfbx Atm Expense
AtmExpense
635000

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