2018 Q3 Form 10-Q Financial Statement

#000119312518246949 Filed on August 13, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q4
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 $510.0K $480.0K
YoY Change -2.08% 6.25% 4.35%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $709.0K $623.0K
YoY Change 82.26% 80.58%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $172.0K $63.00K $550.0K
YoY Change -27.12% -92.27% -244.74%
Income Tax -$740.0K
% Of Pretax Income -134.55%
Net Earnings $172.0K $63.00K $1.300M
YoY Change -27.12% -94.54% -442.11%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $33.86K $11.88K $253.9K
COMMON SHARES
Basic Shares Outstanding 5.038M shares 5.073M shares 5.123M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $21.45M $35.86M $25.28M
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 $19.33M $19.52M $20.15M
YoY Change -5.89% -6.26% -6.89%
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 $619.4M $641.3M $650.4M
YoY Change -5.72% -1.91% -5.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $20.50M $19.80M $20.20M
YoY Change 8.47% 8.2% 10.38%
Total Long-Term Liabilities $20.50M $19.80M $20.20M
YoY Change 8.47% 8.2% 10.38%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $20.50M $19.80M $20.20M
Total Liabilities $534.4M $555.2M $560.9M
YoY Change -5.44% -1.18% -6.44%
SHAREHOLDERS EQUITY
Retained Earnings $21.09M $21.28M $21.56M
YoY Change 1.71% 3.58% 11.62%
Common Stock $70.79M $70.82M $70.86M
YoY Change -0.16% -0.12% -0.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $84.97M $86.09M $89.50M
YoY Change
Total Liabilities & Shareholders Equity $619.4M $641.3M $650.4M
YoY Change -5.72% -1.91% -5.46%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q4
OPERATING ACTIVITIES
Net Income $172.0K $63.00K $1.300M
YoY Change -27.12% -94.54% -442.11%
Depreciation, Depletion And Amortization $470.0K $510.0K $480.0K
YoY Change -2.08% 6.25% 4.35%
Cash From Operating Activities $1.090M $1.220M $1.680M
YoY Change -41.71% 27.08% 55.56%
INVESTING ACTIVITIES
Capital Expenditures -$280.0K -$110.0K -$100.0K
YoY Change 47.37% 0.0% -77.27%
Acquisitions
YoY Change
Other Investing Activities $6.610M $8.450M -$12.51M
YoY Change -156.69% -59.34% -64.68%
Cash From Investing Activities $6.330M $8.340M -$12.60M
YoY Change -153.42% -59.63% -64.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.82M -5.230M -6.070M
YoY Change -902.21% -92.93% -153.34%
NET CHANGE
Cash From Operating Activities 1.090M 1.220M 1.680M
Cash From Investing Activities 6.330M 8.340M -12.60M
Cash From Financing Activities -21.82M -5.230M -6.070M
Net Change In Cash -14.40M 4.330M -16.99M
YoY Change 98.35% -108.26% -27.36%
FREE CASH FLOW
Cash From Operating Activities $1.090M $1.220M $1.680M
Capital Expenditures -$280.0K -$110.0K -$100.0K
Free Cash Flow $1.370M $1.330M $1.780M
YoY Change -33.5% 24.3% 17.11%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2017Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
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CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
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18370000
CY2017Q4 us-gaap Real Estate Acquired Through Foreclosure
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21563000
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CY2017Q4 pfbx Real Estate Acquired Through Foreclosure Fair Value Disclosure
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8232000
CY2017Q4 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Gross Unrealized Losses
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984000
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6536000
CY2017Q4 pfbx Fair Value Measured On Non Recurring Basis Impaired Loans
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6511000
CY2017Q4 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Gross Unrealized Losses
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3244000
CY2017Q4 pfbx Loans Receivables Gaming
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26142000
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0
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CY2017Q4 pfbx Available For Sale And Held To Maturity Securities Fair Value
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3193000
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4228000
CY2017Q4 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Fair Value
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108127000
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127274000
CY2017Q4 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Fair Value
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129513000
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136781
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Taxes Paid
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us-gaap Interest Expense
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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 Increase Decrease In Employee Related Liabilities
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us-gaap Interest Expense Deposits
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us-gaap Interest Income Expense Net
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us-gaap Interest Income Securities State And Municipal
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us-gaap Interest Income Deposits With Financial Institutions
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us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
533000
us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
790000
us-gaap Increase Decrease In Other Operating Assets
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us-gaap Information Technology And Data Processing
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650000
us-gaap Interest And Fee Income Loans And Leases
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us-gaap Interest And Other Income
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9199000
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us-gaap Labor And Related Expense
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5598000
us-gaap Noninterest Expense
NoninterestExpense
11347000
us-gaap Noninterest Income
NoninterestIncome
3717000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
44721000
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NetCashProvidedByUsedInOperatingActivities
1406000
us-gaap Net Income Loss
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1227000
us-gaap Other Comprehensive Income Loss Net Of Tax
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2245000
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1055000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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137000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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2382000
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PaymentsToAcquireHeldToMaturitySecurities
4834000
us-gaap Other Nonoperating Income
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248000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
41734000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
74000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
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4000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
134000
us-gaap Other Noninterest Expense
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1730000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-28800000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
54282000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
7475000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
944000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
23703484
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
5028000
us-gaap Profit Loss
ProfitLoss
1227000
us-gaap Provision For Loan Losses Expensed
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56000
us-gaap Transfer To Other Real Estate
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44391
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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5123186 shares
pfbx Net Amortization On Available For Sale Securities
NetAmortizationOnAvailableForSaleSecurities
29000
pfbx Federal Deposit Insurance Corporation And State Banking Assessments
FederalDepositInsuranceCorporationAndStateBankingAssessments
197000
pfbx Increase Decrease In Demand And Savings Deposits
IncreaseDecreaseInDemandAndSavingsDeposits
-38360000
pfbx Interest On Deposits And Borrowings
InterestOnDepositsAndBorrowings
627233
pfbx Other Real Estate Expense
OtherRealEstateExpense
330000
pfbx Net Amortization On Held To Maturity Securities
NetAmortizationOnHeldToMaturitySecurities
129000
pfbx Gain From Death Benefits From Life Insurance
GainFromDeathBenefitsFromLifeInsurance
429000
pfbx Atm Expense
AtmExpense
258000
dei Amendment Flag
AmendmentFlag
false
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
0
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
240000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
10579000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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us-gaap Depreciation
Depreciation
985000
us-gaap Dividends Cash
DividendsCash
51000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Type
DocumentType
10-Q
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.07
dei Entity Central Index Key
EntityCentralIndexKey
0000770460
us-gaap Equipment Expense
EquipmentExpense
1599000
dei Entity Registrant Name
EntityRegistrantName
PEOPLES FINANCIAL CORP /MS/
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
us-gaap Gains Losses On Sales Of Other Real Estate
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us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
246000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
954000
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-99000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
355000
us-gaap Increase Decrease In Time Deposits
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1704000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
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26000
us-gaap Impairment Of Real Estate
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257000
us-gaap Income Taxes Paid
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0
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
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us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
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14000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
1863000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
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12000
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us-gaap Interest Expense
InterestExpense
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us-gaap Interest Expense Federal Funds Purchased
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us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
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105000
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us-gaap Interest Expense Deposits
InterestExpenseDeposits
1007000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
8425000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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InterestIncomeDepositsWithFinancialInstitutions
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us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1173000
us-gaap Interest Income Securities Us Treasury
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us-gaap Information Technology And Data Processing
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NoninterestIncome
3097000
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NetCashProvidedByUsedInInvestingActivities
15183000
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NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1414000
us-gaap Net Income Loss
NetIncomeLoss
355000
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OtherComprehensiveIncomeLossNetOfTax
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us-gaap Occupancy Net
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890000
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us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
2155000
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
241000
us-gaap Other Real Estate Disposals
OtherRealEstateDisposals
1473000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
51000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
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us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
53000
us-gaap Other Real Estate Additions
OtherRealEstateAdditions
3386000
us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
257000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
68000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
632000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Other Noninterest Expense
OtherNoninterestExpense
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PaymentsForProceedsFromLoansAndLeases
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us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
629900000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
26989000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
435000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1468000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
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us-gaap Profit Loss
ProfitLoss
355000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
63000
us-gaap Reclassifications
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: 400; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial"> 10. Reclassifications:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: 400; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial"> Certain reclassifications have been made to prior year statements to conform to current year presentations. The reclassifications had no effect on prior year net income.</p> </div>
us-gaap Stock Repurchased And Retired During Period Value
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632000
dei Trading Symbol
TradingSymbol
PFBX
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
3385724
us-gaap Use Of Estimates
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<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 reporting 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>
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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5067208 shares
pfbx Net Amortization On Available For Sale Securities
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208000
pfbx Federal Deposit Insurance Corporation And State Banking Assessments
FederalDepositInsuranceCorporationAndStateBankingAssessments
211000
pfbx Increase Decrease In Demand And Savings Deposits
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-8011000
pfbx Interest On Deposits And Borrowings
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1120269
pfbx Other Real Estate Expense
OtherRealEstateExpense
484000
pfbx Net Amortization On Held To Maturity Securities
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126000
pfbx Number Of Operating Subsidiary
NumberOfOperatingSubsidiary
2 Subsidiary
pfbx Percentage Of Time Deposits Provide For Automatic Renewal At Current Interest Rates
PercentageOfTimeDepositsProvideForAutomaticRenewalAtCurrentInterestRates
0.98 pure
pfbx Atm Expense
AtmExpense
272000
CY2017 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
59000
CY2017 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
10598000
CY2017 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
31000
CY2017 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
5100000
CY2017 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
28000
CY2017 us-gaap Impaired Financing Receivable Average Recorded Investment
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15698000
CY2017 us-gaap Other Real Estate Disposals
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1767000
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1946000
CY2017 us-gaap Other Real Estate Valuation Adjustments
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460000
CY2017Q2 us-gaap Bank Owned Life Insurance Income
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129000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2304000
CY2017Q2 us-gaap Debt And Equity Securities Gain Loss
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120000
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.23
CY2017Q2 us-gaap Equipment Expense
EquipmentExpense
735000
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
13000
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
44000
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17000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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815000
CY2017Q2 us-gaap Income Tax Expense Benefit
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-338000
CY2017Q2 us-gaap Interest Expense
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345000
CY2017Q2 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
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9000
CY2017Q2 us-gaap Interest Expense Deposits
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336000
CY2017Q2 us-gaap Interest Income Expense After Provision For Loan Loss
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4223000
CY2017Q2 us-gaap Interest Income Expense Net
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4253000
CY2017Q2 us-gaap Interest Income Securities State And Municipal
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386000
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CY2017Q2 us-gaap Interest Income Securities Mortgage Backed
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268000
CY2017Q2 us-gaap Interest Income Securities Us Treasury
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375000
CY2017Q2 us-gaap Information Technology And Data Processing
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319000
CY2017Q2 us-gaap Interest And Fee Income Loans And Leases
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3295000
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4598000
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136000
CY2017Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2749000
CY2017Q2 us-gaap Noninterest Expense
NoninterestExpense
5583000
CY2017Q2 us-gaap Noninterest Income
NoninterestIncome
2175000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
1153000
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1151000
CY2017Q2 us-gaap Occupancy Net
OccupancyNet
520000
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
120000
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1271000
CY2017Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
122000
CY2017Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
757000
CY2017Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
30000
CY2017Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5123186 shares
CY2017Q2 pfbx Federal Deposit Insurance Corporation And State Banking Assessments
FederalDepositInsuranceCorporationAndStateBankingAssessments
99000
CY2017Q2 pfbx Other Real Estate Expense
OtherRealEstateExpense
268000
CY2017Q2 pfbx Gain From Death Benefits From Life Insurance
GainFromDeathBenefitsFromLifeInsurance
429000
CY2017Q2 pfbx Atm Expense
AtmExpense
136000
CY2018Q2 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
133000
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-428000
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2018Q2 us-gaap Equipment Expense
EquipmentExpense
841000
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
70000
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
802000
CY2018Q2 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-60000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
63000
CY2018Q2 us-gaap Interest Expense
InterestExpense
623000
CY2018Q2 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
2000
CY2018Q2 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
85000
CY2018Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
536000
CY2018Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
4191000
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4219000
CY2018Q2 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
440000
CY2018Q2 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
7000
CY2018Q2 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
60000
CY2018Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
623000
CY2018Q2 us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
368000
CY2018Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
330000
CY2018Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
3230000
CY2018Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
4842000
CY2018Q2 us-gaap Interest Income Securities Other Us Government
InterestIncomeSecuritiesOtherUSGovernment
114000
CY2018Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2725000
CY2018Q2 us-gaap Noninterest Expense
NoninterestExpense
5702000
CY2018Q2 us-gaap Noninterest Income
NoninterestIncome
1574000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
63000
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-491000
CY2018Q2 us-gaap Occupancy Net
OccupancyNet
450000
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-491000
CY2018Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
130000
CY2018Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
761000
CY2018Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
28000
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5054047 shares
CY2018Q2 pfbx Federal Deposit Insurance Corporation And State Banking Assessments
FederalDepositInsuranceCorporationAndStateBankingAssessments
97000
CY2018Q2 pfbx Other Real Estate Expense
OtherRealEstateExpense
364000
CY2018Q2 pfbx Atm Expense
AtmExpense
134000

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