2014 Q2 Form 10-Q Financial Statement

#000119312514196879 Filed on May 13, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q1
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 $440.0K $447.0K $447.0K
YoY Change 2.33% 0.0% -15.66%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $352.0K $286.0K $407.0K
YoY Change -11.56% -29.73%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $100.0K $490.0K $617.0K
YoY Change -105.03% -20.58% 50.49%
Income Tax -$235.0K -$89.00K $11.00K
% Of Pretax Income -235.0% -18.16% 1.78%
Net Earnings $335.0K $579.0K $606.0K
YoY Change -129.21% -4.46% 21.2%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $66.41K $113.3K $120.8K
COMMON SHARES
Basic Shares Outstanding 5.123M shares 5.123M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $31.99M $31.70M $72.20M
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 $24.54M $24.96M $26.40M
YoY Change -5.83% -5.44% -4.0%
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 $739.2M $746.7M $847.8M
YoY Change -7.5% -11.93% -5.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $117.4M $130.0M $196.1M
YoY Change -38.66% -33.71% 9.8%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $117.4M $130.0M $196.1M
YoY Change -38.66% -33.71% 9.8%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $17.80M $17.10M $16.10M
YoY Change 10.56% 6.21% 5.23%
Total Long-Term Liabilities $17.80M $17.10M $16.10M
YoY Change 10.56% 6.21% 5.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $117.4M $130.0M $196.1M
Total Long-Term Liabilities $17.80M $17.10M $16.10M
Total Liabilities $635.6M $645.0M $737.0M
YoY Change -8.66% -12.48% -6.93%
SHAREHOLDERS EQUITY
Retained Earnings $34.66M $34.84M
YoY Change 0.96%
Common Stock $70.90M $70.90M
YoY Change -0.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $103.6M $101.7M $110.8M
YoY Change
Total Liabilities & Shareholders Equity $739.2M $746.7M $847.8M
YoY Change -7.5% -11.93% -5.8%

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $335.0K $579.0K $606.0K
YoY Change -129.21% -4.46% 21.2%
Depreciation, Depletion And Amortization $440.0K $447.0K $447.0K
YoY Change 2.33% 0.0% -15.66%
Cash From Operating Activities $2.310M $1.160M $1.150M
YoY Change -23.51% 0.87% -36.46%
INVESTING ACTIVITIES
Capital Expenditures -$20.00K $103.0K $652.0K
YoY Change -71.43% -84.2% -6620.0%
Acquisitions
YoY Change
Other Investing Activities $8.650M $12.34M -$25.27M
YoY Change -52.81% -148.83% -72.43%
Cash From Investing Activities $8.630M $12.24M -$25.92M
YoY Change -52.74% -147.22% -71.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.000K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.65M -17.96M 42.96M
YoY Change -74.12% -141.81% -55.6%
NET CHANGE
Cash From Operating Activities 2.310M 1.160M 1.150M
Cash From Investing Activities 8.630M 12.24M -25.92M
Cash From Financing Activities -10.65M -17.96M 42.96M
Net Change In Cash 290.0K -4.560M 18.19M
YoY Change -101.46% -125.07% 164.01%
FREE CASH FLOW
Cash From Operating Activities $2.310M $1.160M $1.150M
Capital Expenditures -$20.00K $103.0K $652.0K
Free Cash Flow $2.330M $1.057M $498.0K
YoY Change -24.6% 112.25% -72.64%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
12725000
CY2013Q4 us-gaap Other Investments
OtherInvestments
3262000
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5123186 shares
CY2013Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8835000
CY2013Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
3595000
CY2013Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
5240000
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72200000
CY2013Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
79480000
CY2013Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
337062000
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5123186 shares
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5123186 shares
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
15000000 shares
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2014Q1 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
123119000
CY2014Q1 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
245012000
CY2014Q1 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
33858000
CY2014Q1 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
130035000
CY2014Q1 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
42892000
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4083000
CY2014Q1 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
32635000
CY2014Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9462000
CY2014Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
3862000
CY2014Q1 us-gaap Time Deposits100000 Or More Domestic
TimeDeposits100000OrMoreDomestic
54227000
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
101658000
CY2014Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
65780000
CY2014Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2444000
CY2014Q1 us-gaap Deposits
Deposits
465250000
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
34838000
CY2014Q1 us-gaap Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
130035000
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
5123000
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
746679000
CY2014Q1 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
5000000
CY2014Q1 us-gaap Other Liabilities
OtherLiabilities
4052000
CY2014Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
5600000
CY2014Q1 us-gaap Liabilities
Liabilities
645021000
CY2014Q1 us-gaap Allowance For Credit Losses Change In Method Of Calculating Impairment
AllowanceForCreditLossesChangeInMethodOfCalculatingImpairment
1195000
CY2014Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
13049000
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
2688000
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
662000
CY2014Q1 us-gaap Other Investments
OtherInvestments
3033000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
12585000
CY2014Q1 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
25985000
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
2087000
CY2014Q1 us-gaap Loans Receivable Commercial Construction
LoansReceivableCommercialConstruction
44608000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
280061000
CY2014Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
365766000
CY2014Q1 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
17605000
CY2014Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
280711000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
12539000
CY2014Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
358840000
CY2014Q1 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
17605000
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
20677000
CY2014Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
12660000
CY2014Q1 us-gaap Loans Receivable Commercial And Industrial
LoansReceivableCommercialAndIndustrial
32366000
CY2014Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
31703000
CY2014Q1 us-gaap Assets
Assets
746679000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31703000
CY2014Q1 us-gaap Loans Receivable Commercial Mortgage
LoansReceivableCommercialMortgage
234966000
CY2014Q1 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
49292000
CY2014Q1 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
20131000
CY2014Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
46064000
CY2014Q1 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
FinancingReceivableRecordedInvestment60To89DaysPastDue
2661000
CY2014Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
3125000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
80871000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
69593000
CY2014Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
16858000
CY2014Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
52881000
CY2014Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
322238000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
69590000
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
6945000
CY2014Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
272802000
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
2084000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
87840000
CY2014Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
12385000
CY2014Q1 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
3092000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
59811000
CY2014Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
37535000
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
29581000
CY2014Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
17457000
CY2014Q1 us-gaap Other Assets
OtherAssets
10107000
CY2014Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
315421000
CY2014Q1 us-gaap Loans And Leases Receivable Other
LoansAndLeasesReceivableOther
8574000
CY2014Q1 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
3092000
CY2014Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
368302000
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
7042000
CY2014Q1 us-gaap Loans Receivable Commercial Development
LoansReceivableCommercialDevelopment
19173000
CY2014Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
272152000
CY2014Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
47038000
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
668000
CY2014Q1 us-gaap Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue
23272000
CY2014Q1 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
272208237
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
2869000
CY2014Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
9084000
CY2014Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
60229000
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24964000
CY2014Q1 pfbx Fair Value Measured On Non Recurring Basis Impaired Loans
FairValueMeasuredOnNonRecurringBasisImpairedLoans
18377000
CY2014Q1 pfbx Minimum Current Appraisal Is More Than One Year Old And Or Loan Balance
MinimumCurrentAppraisalIsMoreThanOneYearOldAndOrLoanBalance
200000
CY2014Q1 pfbx Other Investments Fair Value Disclosure
OtherInvestmentsFairValueDisclosure
3033000
CY2014Q1 pfbx Real Estate Acquired Through Foreclosure Fair Value Disclosure
RealEstateAcquiredThroughForeclosureFairValueDisclosure
9084000
CY2014Q1 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesLessThanTwelveMonthsGrossUnrealizedLosses
10222000
CY2014Q1 pfbx Loans Receivables Gaming
LoansReceivablesGaming
28615000
CY2014Q1 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsGrossUnrealizedLosses
450000
CY2014Q1 pfbx Available For Sale And Held To Maturity Securities Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesGrossUnrealizedLosses
10672000
CY2014Q1 pfbx Impaired Financing Receivable With Related Allowance Related Allowance
ImpairedFinancingReceivableWithRelatedAllowanceRelatedAllowance
2444000
CY2014Q1 pfbx Impaired Financing Receivable With No Related Allowance Related Allowance
ImpairedFinancingReceivableWithNoRelatedAllowanceRelatedAllowance
CY2014Q1 pfbx Accrued Interest Receivable
AccruedInterestReceivable
2789000
CY2014Q1 pfbx Noninterest Bearing Deposit Liabilities Domestic Fair Value Disclosure
NoninterestBearingDepositLiabilitiesDomesticFairValueDisclosure
123119000
CY2014Q1 pfbx Available For Sale And Held To Maturity Securities Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesFairValue
187541000
CY2014Q1 pfbx Interest Bearing Deposit Liabilities Fair Value Disclosure
InterestBearingDepositLiabilitiesFairValueDisclosure
348136000
CY2014Q1 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsFairValue
9162000
CY2014Q1 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesLessThanTwelveMonthsFairValue
178379000
CY2014Q1 pfbx Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
10373000
CY2014Q1 pfbx Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
299000
CY2014Q1 pfbx Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
24000
CY2014Q1 pfbx Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
2464000
CY2014Q1 pfbx Mortgagebacked Securities Availableforsale Amortized Cost Disclosure
MortgagebackedSecuritiesAvailableforsaleAmortizedCostDisclosure
49863000
CY2012Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8857000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54020000
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5123186 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5123186 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
15000000 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2013Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
107117000
CY2013Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
217005000
CY2013Q4 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
79051000
CY2013Q4 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
139639000
CY2013Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
43917000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6015000
CY2013Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
77684000
CY2013Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8934000
CY2013Q4 us-gaap Time Deposits100000 Or More Domestic
TimeDeposits100000OrMoreDomestic
60519000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
99147000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
65780000
CY2013Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2544000
CY2013Q4 us-gaap Deposits
Deposits
428558000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
34259000
CY2013Q4 us-gaap Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
139639000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
5123000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
762264000
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
4511000
CY2013Q4 us-gaap Liabilities
Liabilities
663117000
CY2013Q4 us-gaap Allowance For Credit Losses Change In Method Of Calculating Impairment
AllowanceForCreditLossesChangeInMethodOfCalculatingImpairment
1264000
CY2013Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
26171000
CY2013Q4 us-gaap Loans Receivable Commercial Construction
LoansReceivableCommercialConstruction
44987000
CY2013Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
369117000
CY2013Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
17456000
CY2013Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
286276000
CY2013Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
366415000
CY2013Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
17456000
CY2013Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
21232000
CY2013Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
11142000
CY2013Q4 us-gaap Loans Receivable Commercial And Industrial
LoansReceivableCommercialAndIndustrial
35007000
CY2013Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
36264000
CY2013Q4 us-gaap Assets
Assets
762264000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
36264000
CY2013Q4 us-gaap Loans Receivable Commercial Mortgage
LoansReceivableCommercialMortgage
237158000
CY2013Q4 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
12226000
CY2013Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
43073000
CY2013Q4 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
FinancingReceivableRecordedInvestment60To89DaysPastDue
2689000
CY2013Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
651000
CY2013Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
16520000
CY2013Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
332276000
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
275440000
CY2013Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
10686000
CY2013Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
3834000
CY2013Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
37752000
CY2013Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
30136000
CY2013Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
17119000
CY2013Q4 us-gaap Other Assets
OtherAssets
10906000
CY2013Q4 us-gaap Loans And Leases Receivable Other
LoansAndLeasesReceivableOther
9224000
CY2013Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
3834000
CY2013Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
375349000
CY2013Q4 us-gaap Loans Receivable Commercial Development
LoansReceivableCommercialDevelopment
19403000
CY2013Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
47255000
CY2013Q4 us-gaap Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue
28158000
CY2013Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
262830011
CY2013Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
9630000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25308000
CY2013Q4 pfbx Fair Value Measured On Non Recurring Basis Impaired Loans
FairValueMeasuredOnNonRecurringBasisImpairedLoans
18831000
CY2013Q4 pfbx Other Investments Fair Value Disclosure
OtherInvestmentsFairValueDisclosure
3262000
CY2013Q4 pfbx Real Estate Acquired Through Foreclosure Fair Value Disclosure
RealEstateAcquiredThroughForeclosureFairValueDisclosure
9630000
CY2013Q4 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesLessThanTwelveMonthsGrossUnrealizedLosses
13103000
CY2013Q4 pfbx Loans Receivables Gaming
LoansReceivablesGaming
29570000
CY2013Q4 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsGrossUnrealizedLosses
379000
CY2013Q4 pfbx Available For Sale And Held To Maturity Securities Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesGrossUnrealizedLosses
13482000
CY2013Q4 pfbx Impaired Financing Receivable With Related Allowance Related Allowance
ImpairedFinancingReceivableWithRelatedAllowanceRelatedAllowance
2544000
CY2013Q4 pfbx Impaired Financing Receivable With No Related Allowance Related Allowance
ImpairedFinancingReceivableWithNoRelatedAllowanceRelatedAllowance
CY2013Q4 pfbx Accrued Interest Receivable
AccruedInterestReceivable
2607000
CY2013Q4 pfbx Noninterest Bearing Deposit Liabilities Domestic Fair Value Disclosure
NoninterestBearingDepositLiabilitiesDomesticFairValueDisclosure
107117000
CY2013Q4 pfbx Available For Sale And Held To Maturity Securities Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesFairValue
199734000
CY2013Q4 pfbx Interest Bearing Deposit Liabilities Fair Value Disclosure
InterestBearingDepositLiabilitiesFairValueDisclosure
322535000
CY2013Q4 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsFairValue
4621000
CY2013Q4 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesLessThanTwelveMonthsFairValue
195113000
CY2013Q4 pfbx Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
13013000
CY2013Q4 pfbx Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
469000
CY2013Q4 pfbx Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
13000
CY2013Q4 pfbx Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
2177000
CY2013 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
9 Contract
CY2013 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
329000
CY2013 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
405000
CY2013 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
76000
CY2013 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
16305000
CY2013 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
11581000
CY2013 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
27265000
CY2013 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
43570000
CY2013 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
11581000
CY2013Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5136771 shares
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1148000
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.12
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5447000
CY2013Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
4908000
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
75000
CY2013Q1 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
1508000
CY2013Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
91000
CY2013Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
15000
CY2013Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
88406000
CY2013Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
33000
CY2013Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
56000
CY2013Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
1362000
CY2013Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
156000
CY2013Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2013Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
13000
CY2013Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
5854000
CY2013Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
36000
CY2013Q1 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
358000
CY2013Q1 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-1000
CY2013Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
9000
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
617000
CY2013Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4439000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
606000
CY2013Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-13845000
CY2013Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-54000
CY2013Q1 us-gaap Interest Income Securities Other Us Government
InterestIncomeSecuritiesOtherUSGovernment
731000
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-531000
CY2013Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
121000
CY2013Q1 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
3000
CY2013Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6000
CY2013Q1 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-1729000
CY2013Q1 us-gaap Noninterest Income
NoninterestIncome
2121000
CY2013Q1 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-22000
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
652000
CY2013Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
32000
CY2013Q1 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
374000
CY2013Q1 us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
183000
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-531000
CY2013Q1 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
230000
CY2013Q1 us-gaap Noninterest Expense
NoninterestExpense
6412000
CY2013Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
320000
CY2013Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
135000
CY2013Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-10986000
CY2013Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
273000
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
42955000
CY2013Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
828000
CY2013Q1 us-gaap Equipment Expense
EquipmentExpense
680000
CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
18180000
CY2013Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
539000
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-25923000
CY2013Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
41000
CY2013Q1 us-gaap Interest Expense
InterestExpense
407000
CY2013Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
19000
CY2013Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
597000
CY2013Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-361000
CY2013Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
291000
CY2013Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
320000
CY2013Q1 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
46000
CY2013Q1 us-gaap Occupancy Net
OccupancyNet
574000
CY2013Q1 us-gaap Depreciation
Depreciation
447000
CY2013Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
375000
CY2013Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3141000
CY2013Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
48274000
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11000
CY2013Q1 pfbx Atm Expense
AtmExpense
578000
CY2013Q1 pfbx Insurance Proceeds From Casualty Loss On Other Real Estate
InsuranceProceedsFromCasualtyLossOnOtherRealEstate
57000
CY2013Q1 pfbx Proceeds From Repayments Of Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
ProceedsFromRepaymentsOfFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
1856000
CY2013Q1 pfbx Interest On Deposits And Borrowings
InterestOnDepositsAndBorrowings
418289
CY2013Q1 pfbx Increase Decrease In Demand And Savings Deposits
IncreaseDecreaseInDemandAndSavingsDeposits
52147000
CY2014Q1 dei Trading Symbol
TradingSymbol
PFBX
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
PEOPLES FINANCIAL CORP /MS/
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000770460
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 us-gaap Maturities Of Time Deposits Description
MaturitiesOfTimeDepositsDescription
At March 31, 2014, time deposits of $100,000 or more include brokered deposits of $5,000,000 which mature in 2017
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
CY2014Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5123186 shares
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1160000
CY2014Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.11
CY2014Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
9 Contract
CY2014Q1 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> Use of Estimates&#x2014;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> </div>
CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5561000
CY2014Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
5024000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2511000
CY2014Q1 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
1586000
CY2014Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
245000
CY2014Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
4000
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
87000
CY2014Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
581049000
CY2014Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
1517000
CY2014Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
145000
CY2014Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2014Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
72000
CY2014Q1 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
360000
CY2014Q1 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-1000
CY2014Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
182000
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
490000
CY2014Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
109000
CY2014Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4252000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
579000
CY2014Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-6962000
CY2014Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-985000
CY2014Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
5847000
CY2014Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-65000
CY2014Q1 us-gaap Interest Income Securities Other Us Government
InterestIncomeSecuritiesOtherUSGovernment
807000
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1932000
CY2014Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
119000
CY2014Q1 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
1000
CY2014Q1 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-742000
CY2014Q1 us-gaap Noninterest Income
NoninterestIncome
2217000
CY2014Q1 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
7000
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
103000
CY2014Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
30000
CY2014Q1 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
382000
CY2014Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
22000
CY2014Q1 us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
156000
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1932000
CY2014Q1 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
236000
CY2014Q1 us-gaap Noninterest Expense
NoninterestExpense
6751000
CY2014Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
536000000
CY2014Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
321000
CY2014Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
76028
CY2014Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-7317000
CY2014Q1 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
16883000
CY2014Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
11550000
CY2014Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
995000
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-17961000
CY2014Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
979000
CY2014Q1 us-gaap Equipment Expense
EquipmentExpense
716000
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4561000
CY2014Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
537000
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
12240000
CY2014Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
50000
CY2014Q1 us-gaap Interest Expense
InterestExpense
286000
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
20648000
CY2014Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
81000
CY2014Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
37531000
CY2014Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
11550000
CY2014Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1316000
CY2014Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
275000
CY2014Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
209000
CY2014Q1 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
27000
CY2014Q1 us-gaap Occupancy Net
OccupancyNet
592000
CY2014Q1 us-gaap Depreciation
Depreciation
447000
CY2014Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
465000
CY2014Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3213000
CY2014Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
5485000
CY2014Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
92000
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-89000
CY2014Q1 pfbx Atm Expense
AtmExpense
655000
CY2014Q1 pfbx Percentage Of Time Deposits Provide For Automatic Renewal At Current Interest Rates
PercentageOfTimeDepositsProvideForAutomaticRenewalAtCurrentInterestRates
0.98 pure
CY2014Q1 pfbx Number Of Operating Subsidiary
NumberOfOperatingSubsidiary
2 Subsidiary
CY2014Q1 pfbx Proceeds From Repayments Of Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
ProceedsFromRepaymentsOfFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
-9604000
CY2014Q1 pfbx Interest On Deposits And Borrowings
InterestOnDepositsAndBorrowings
245052
CY2014Q1 pfbx Increase Decrease In Demand And Savings Deposits
IncreaseDecreaseInDemandAndSavingsDeposits
44009000
CY2014Q1 pfbx Net Amortization On Available For Sale Securities
NetAmortizationOnAvailableForSaleSecurities
80000
CY2014Q1 pfbx Time Deposits Year Of Maturity
TimeDepositsYearOfMaturity
2017

Files In Submission

Name View Source Status
0001193125-14-196879-index-headers.html Edgar Link pending
0001193125-14-196879-index.html Edgar Link pending
0001193125-14-196879.txt Edgar Link pending
0001193125-14-196879-xbrl.zip Edgar Link pending
d704756d10q.htm Edgar Link pending
d704756dex311.htm Edgar Link pending
d704756dex312.htm Edgar Link pending
d704756dex321.htm Edgar Link pending
d704756dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
pfbx-20140331.xml Edgar Link completed
pfbx-20140331.xsd Edgar Link pending
pfbx-20140331_cal.xml Edgar Link unprocessable
pfbx-20140331_def.xml Edgar Link unprocessable
pfbx-20140331_lab.xml Edgar Link unprocessable
pfbx-20140331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending