2014 Q3 Form 10-Q Financial Statement

#000119312514307709 Filed on August 13, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q2 2013 Q2
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 $470.0K $440.0K $430.0K
YoY Change 4.44% 2.33% -14.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $571.0K $352.0K $398.0K
YoY Change 52.67% -11.56% -30.9%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$3.053M $100.0K -$1.989M
YoY Change -490.91% -105.03% -493.86%
Income Tax -$1.254M -$235.0K -$842.0K
% Of Pretax Income -235.0%
Net Earnings -$1.799M $335.0K -$1.147M
YoY Change -303.05% -129.21% -304.09%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$351.6K $66.41K -$218.6K
COMMON SHARES
Basic Shares Outstanding 5.123M shares 5.123M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q3 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $56.38M $31.99M $52.34M
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 $24.11M $24.54M $26.06M
YoY Change -6.18% -5.83% -3.49%
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 $753.3M $739.2M $799.1M
YoY Change -5.43% -7.5% -6.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $120.8M $117.4M $191.4M
YoY Change -18.16% -38.66% 18.15%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $120.8M $117.4M $191.4M
YoY Change -18.16% -38.66% 18.15%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $17.90M $17.80M $16.10M
YoY Change 7.83% 10.56% 5.23%
Total Long-Term Liabilities $17.90M $17.80M $16.10M
YoY Change 7.83% 10.56% 5.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $120.8M $117.4M $191.4M
Total Long-Term Liabilities $17.90M $17.80M $16.10M
Total Liabilities $650.9M $635.6M $695.9M
YoY Change -6.26% -8.66% -6.21%
SHAREHOLDERS EQUITY
Retained Earnings $32.86M $34.66M $34.33M
YoY Change -6.49% 0.96%
Common Stock $70.90M $70.90M $70.91M
YoY Change 0.0% -0.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $102.4M $103.6M $103.2M
YoY Change
Total Liabilities & Shareholders Equity $753.3M $739.2M $799.1M
YoY Change -5.43% -7.5% -6.28%

Cashflow Statement

Concept 2014 Q3 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income -$1.799M $335.0K -$1.147M
YoY Change -303.05% -129.21% -304.09%
Depreciation, Depletion And Amortization $470.0K $440.0K $430.0K
YoY Change 4.44% 2.33% -14.0%
Cash From Operating Activities $1.360M $2.310M $3.020M
YoY Change 20.35% -23.51% 247.13%
INVESTING ACTIVITIES
Capital Expenditures -$40.00K -$20.00K -$70.00K
YoY Change -55.56% -71.43% 600.0%
Acquisitions
YoY Change
Other Investing Activities $7.860M $8.650M $18.33M
YoY Change -146.98% -52.81% -53.69%
Cash From Investing Activities $7.820M $8.630M $18.26M
YoY Change -146.52% -52.74% -53.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 15.20M -10.65M -41.15M
YoY Change -852.48% -74.12% -17.78%
NET CHANGE
Cash From Operating Activities 1.360M 2.310M 3.020M
Cash From Investing Activities 7.820M 8.630M 18.26M
Cash From Financing Activities 15.20M -10.65M -41.15M
Net Change In Cash 24.38M 290.0K -19.87M
YoY Change -237.74% -101.46% 106.76%
FREE CASH FLOW
Cash From Operating Activities $1.360M $2.310M $3.020M
Capital Expenditures -$40.00K -$20.00K -$70.00K
Free Cash Flow $1.400M $2.330M $3.090M
YoY Change 14.75% -24.6% 251.14%

Facts In Submission

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18831000
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us-gaap Interest And Fee Income Loans And Leases
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Interest Income Securities State And Municipal
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us-gaap Interest Income Securities Us Treasury
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us-gaap Proceeds From Sale Of Other Investments
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us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
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us-gaap Interest Expense
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us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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us-gaap Depreciation
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pfbx Proceeds From Repayments Of Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
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dei Entity Central Index Key
EntityCentralIndexKey
0000770460
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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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 Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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us-gaap Maturities Of Time Deposits Description
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us-gaap Earnings Per Share Basic And Diluted
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us-gaap Common Stock Dividends Per Share Cash Paid
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0.10
us-gaap Use Of Estimates
UseOfEstimates
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.
us-gaap Interest Income Expense Net
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pfbx Number Of Operating Subsidiary
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537000

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