2022 Q4 Form 10-Q Financial Statement

#000143774922026489 Filed on November 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 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 $300.0K $496.0K $450.0K
YoY Change -33.33% 10.22% -6.25%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $801.0K
YoY Change 416.77%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.819M $1.749M $2.210M
YoY Change 27.56% 33.41% 229.85%
Income Tax -$2.431M -$140.0K
% Of Pretax Income -86.24% -6.33%
Net Earnings $5.250M $1.749M $2.350M
YoY Change 123.4% 57.99% 250.75%
Net Earnings / Revenue
Basic Earnings Per Share $37.00
Diluted Earnings Per Share $1.12 $373.9K $495.8K
COMMON SHARES
Basic Shares Outstanding 15.00M 4.678M 4.869M
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $32.84M $17.47M $49.99M
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 $18.50M $16.31M $15.80M
YoY Change 17.09% 4.08% 0.77%
Goodwill
YoY Change
Intangibles $600.0K $616.0K $0.00
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 $861.6M $882.1M $816.8M
YoY Change 5.49% 6.88% 22.26%
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 $20.67M $20.93M $21.50M
YoY Change -3.88% -4.43% -0.92%
Total Long-Term Liabilities $20.67M $20.93M $21.50M
YoY Change -3.88% -4.43% -0.92%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $20.67M $20.93M $21.50M
Total Liabilities $806.4M $834.5M $727.2M
YoY Change 10.89% 14.49% 26.88%
SHAREHOLDERS EQUITY
Retained Earnings $31.15M $24.18M $20.91M
YoY Change 48.98% 0.45% 28.88%
Common Stock $70.46M $70.46M $70.46M
YoY Change 0.0% -0.28% -0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $55.19M $47.67M $89.54M
YoY Change
Total Liabilities & Shareholders Equity $861.6M $882.1M $816.8M
YoY Change 5.49% 6.88% 22.26%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q4
OPERATING ACTIVITIES
Net Income $5.250M $1.749M $2.350M
YoY Change 123.4% 57.99% 250.75%
Depreciation, Depletion And Amortization $300.0K $496.0K $450.0K
YoY Change -33.33% 10.22% -6.25%
Cash From Operating Activities $3.823M $2.195M $1.680M
YoY Change 127.56% 30.65% -13.85%
INVESTING ACTIVITIES
Capital Expenditures $282.0K -$1.384M -$580.0K
YoY Change -148.62% 171.37% 93.33%
Acquisitions
YoY Change
Other Investing Activities $40.04M -$31.37M -$13.22M
YoY Change -402.87% -60.47% -2642.31%
Cash From Investing Activities $39.76M -$32.75M -$13.80M
YoY Change -388.1% -59.0% -6372.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -28.21M 26.19M -4.860M
YoY Change 480.45% -54.09% -77.11%
NET CHANGE
Cash From Operating Activities 3.823M 2.195M 1.680M
Cash From Investing Activities 39.76M -32.75M -13.80M
Cash From Financing Activities -28.21M 26.19M -4.860M
Net Change In Cash 15.37M -4.369M -16.98M
YoY Change -190.52% -79.35% -10.91%
FREE CASH FLOW
Cash From Operating Activities $3.823M $2.195M $1.680M
Capital Expenditures $282.0K -$1.384M -$580.0K
Free Cash Flow $3.541M $3.579M $2.260M
YoY Change 56.68% 63.42% 0.44%

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us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1082000 usd
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1053000 usd
CY2022Q3 pfbx Atm Expense
ATMExpense
256000 usd
CY2021Q3 pfbx Atm Expense
ATMExpense
251000 usd
pfbx Atm Expense
ATMExpense
902000 usd
pfbx Atm Expense
ATMExpense
802000 usd
CY2022Q3 pfbx Income Expense From Other Real Estate
IncomeExpenseFromOtherRealEstate
-61000 usd
CY2021Q3 pfbx Income Expense From Other Real Estate
IncomeExpenseFromOtherRealEstate
-100000 usd
pfbx Income Expense From Other Real Estate
IncomeExpenseFromOtherRealEstate
-122000 usd
pfbx Income Expense From Other Real Estate
IncomeExpenseFromOtherRealEstate
-383000 usd
CY2022Q3 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
usd
CY2021Q3 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-60000 usd
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
usd
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-146000 usd
CY2022Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
635000 usd
CY2021Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
761000 usd
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2293000 usd
us-gaap Other Noninterest Expense
OtherNoninterestExpense
3503000 usd
CY2022Q3 us-gaap Noninterest Expense
NoninterestExpense
5684000 usd
CY2021Q3 us-gaap Noninterest Expense
NoninterestExpense
5554000 usd
us-gaap Noninterest Expense
NoninterestExpense
16854000 usd
us-gaap Noninterest Expense
NoninterestExpense
17694000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1749000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1311000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3691000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6430000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
204000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
204000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
1749000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
1107000 usd
us-gaap Net Income Loss
NetIncomeLoss
3691000 usd
us-gaap Net Income Loss
NetIncomeLoss
6226000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
1749000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
1107000 usd
us-gaap Net Income Loss
NetIncomeLoss
3691000 usd
us-gaap Net Income Loss
NetIncomeLoss
6226000 usd
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-10043000 usd
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-817000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-45142000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-4127000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
5000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10043000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-817000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-45142000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4132000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-8294000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
290000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-41451000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2094000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
92756000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
4330000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4248000 usd
CY2021Q1 us-gaap Dividends Cash
DividendsCash
488000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
92350000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
789000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
933000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
94072000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
1107000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-817000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
94362000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
89538000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
887000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-19334000 usd
CY2022Q1 us-gaap Dividends Cash
DividendsCash
421000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
70670000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
1055000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15765000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
55960000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
1749000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10043000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
47666000 usd
us-gaap Net Income Loss
NetIncomeLoss
3691000 usd
us-gaap Net Income Loss
NetIncomeLoss
6226000 usd
us-gaap Depreciation
Depreciation
1380000 usd
us-gaap Depreciation
Depreciation
1368000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
80000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-5004000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
155000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
299000 usd
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
87000 usd
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-1000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-146000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
usd
pfbx Amortization On Held To Maturity Securities
AmortizationOnHeldToMaturitySecurities
185000 usd
pfbx Amortization On Held To Maturity Securities
AmortizationOnHeldToMaturitySecurities
311000 usd
pfbx Amortization On Available For Sale Securities
AmortizationOnAvailableForSaleSecurities
60000 usd
pfbx Amortization On Available For Sale Securities
AmortizationOnAvailableForSaleSecurities
210000 usd
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
usd
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
5000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
364000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
661000 usd
pfbx Increase Decrease In Cash Surrender Value Of Life Insurance
IncreaseDecreaseInCashSurrenderValueOfLifeInsurance
362000 usd
pfbx Increase Decrease In Cash Surrender Value Of Life Insurance
IncreaseDecreaseInCashSurrenderValueOfLifeInsurance
323000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
94000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-101000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-564000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
231000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4085000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2900000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29129000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
45769000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
10387000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
3852000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
108833000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
224142000 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
79261000 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
39038000 usd
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
7000 usd
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
3000 usd
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1489000 usd
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
664000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
621000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
usd
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-5746000 usd
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-31910000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1891000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1361000 usd
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
123000 usd
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
96000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-143985000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-182445000 usd
pfbx Increase Decrease In Demand And Savings Deposits
IncreaseDecreaseInDemandAndSavingsDeposits
141092000 usd
pfbx Increase Decrease In Demand And Savings Deposits
IncreaseDecreaseInDemandAndSavingsDeposits
132253000 usd
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-37408000 usd
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
23269000 usd
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
208500000 usd
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
22000 usd
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
204389000 usd
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
88000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
421000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
488000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
107374000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
154968000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-32526000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-24577000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49991000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91542000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17465000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66965000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"/> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">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 <em style="font: inherit;">not</em> 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>
pfbx Maximum Percentage Of Stockholder Equity For Aggregate Errors
MaximumPercentageOfStockholderEquityForAggregateErrors
0.03 pure
CY2021Q4 us-gaap Other Investments
OtherInvestments
350000 usd
CY2021Q4 us-gaap Assets
Assets
816759000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
20911000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
89538000 usd
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
16225000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
92756000 usd
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
21963000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
94362000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4678186
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4878557
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4678186
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4878557
us-gaap Interest Paid Net
InterestPaidNet
1227261 usd
us-gaap Interest Paid Net
InterestPaidNet
697154 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
165000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
458604000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
55000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
47355000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
411304000 usd
CY2022Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
178897000 usd
CY2022Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
usd
CY2022Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
14161000 usd
CY2022Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
164736000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
378961000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2370000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4528000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
376803000 usd
CY2021Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
110208000 usd
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
1760000 usd
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
628000 usd
CY2021Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
111340000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
80047000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
79772000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
20241000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
19462000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
109245000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
92093000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
66743000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
50109000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
458604000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
411304000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
44926000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
44795000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
51206000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
49543000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
41772000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
37065000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
40993000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
33333000 usd
CY2022Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
178897000 usd
CY2022Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
164736000 usd
CY2022Q3 pfbx Available For Sale And Held To Maturity Less Than Twelve Months Fair Value
AvailableForSaleAndHeldToMaturityLessThanTwelveMonthsFairValue
406546000 usd
CY2022Q3 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesLessThanTwelveMonthsGrossUnrealizedLosses
29643000 usd
CY2022Q3 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsFairValue
142878000 usd
CY2022Q3 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsGrossUnrealizedLosses
31873000 usd
CY2022Q3 pfbx Available For Sale And Held To Maturity Securities Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesFairValue
549424000 usd
CY2022Q3 pfbx Available For Sale And Held To Maturity Securities Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesGrossUnrealizedLosses
61516000 usd
CY2021Q4 pfbx Available For Sale And Held To Maturity Less Than Twelve Months Fair Value
AvailableForSaleAndHeldToMaturityLessThanTwelveMonthsFairValue
268224000 usd
CY2021Q4 pfbx Available For Sale And Held To Maturity Securities Less Than Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesLessThanTwelveMonthsGrossUnrealizedLosses
4788000 usd
CY2021Q4 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsFairValue
7470000 usd
CY2021Q4 pfbx Available For Sale And Held To Maturity Securities Over Twelve Months Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesOverTwelveMonthsGrossUnrealizedLosses
368000 usd
CY2021Q4 pfbx Available For Sale And Held To Maturity Securities Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesFairValue
275694000 usd
CY2021Q4 pfbx Available For Sale And Held To Maturity Securities Gross Unrealized Losses
AvailableForSaleAndHeldToMaturitySecuritiesGrossUnrealizedLosses
5156000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2021Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
70000 usd
CY2021 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
1647000 usd
CY2021 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
33000 usd
CY2022Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
233387000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
239162000 usd
CY2022Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
233387000 usd
CY2022Q3 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
usd
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
239162000 usd
CY2021Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
usd
CY2022Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
233387000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
239162000 usd
CY2022Q3 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
506000 usd
CY2022Q3 pfbx Allocated Specific Reserves To Modified Tdrs
AllocatedSpecificReservesToModifiedTdrs
0 usd
CY2021Q4 pfbx Allocated Specific Reserves To Modified Tdrs
AllocatedSpecificReservesToModifiedTdrs
50000 usd
CY2022Q3 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0 usd
CY2022Q3 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
1233000 usd
CY2022Q3 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
967000 usd
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
1062000 usd
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
22000 usd
CY2022Q3 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
57000 usd
CY2022Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
50000 usd
CY2022Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
40000 usd
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
50000 usd
CY2022Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
1290000 usd
CY2022Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
1017000 usd
CY2022Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
40000 usd
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
1112000 usd
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
22000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
1286000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
1219000 usd
CY2021 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
1444000 usd
CY2021 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
28000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
199000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
199000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
70000 usd
CY2021 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
203000 usd
CY2021 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
5000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
1485000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
1418000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3311000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
191000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
162000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
80000 usd
CY2022Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3362000 usd
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3379000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
61000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
17000 usd
CY2022Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
27000 usd
CY2022Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3362000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
229000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3133000 usd
CY2022Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
3137000 usd
CY2022Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
230250000 usd
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4426000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
224000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
4773000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-5004000 usd
CY2021Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3971000 usd
CY2021Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4128000 usd
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
85000 usd
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
101000 usd
CY2021Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-173000 usd
CY2021Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3971000 usd
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
262000 usd
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3709000 usd
CY2021Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
5997000 usd
CY2021Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
245049000 usd
CY2022Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
8756000 usd
CY2021Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
43613000 usd
CY2022Q3 pfbx Minimum Current Appraisals More Than One Year Old And Or Loan Balance
MinimumCurrentAppraisalsMoreThanOneYearOldAndOrLoanBalance
200000 usd
CY2022Q3 us-gaap Cash And Due From Banks
CashAndDueFromBanks
17465000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
411304000 usd
CY2022Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
164736000 usd
CY2022Q3 pfbx Other Investments Fair Value Disclosure
OtherInvestmentsFairValueDisclosure
350000 usd
CY2022Q3 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
2160000 usd
CY2022Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
223967000 usd
CY2022Q3 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
20635000 usd
CY2022Q3 pfbx Noninterest Bearing Deposits Fair Value Disclosure
NoninterestBearingDepositsFairValueDisclosure
188560000 usd
CY2022Q3 pfbx Interest Bearing Deposits Fair Value Disclosure
InterestBearingDepositsFairValueDisclosure
498571000 usd
CY2022Q3 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
5000000 usd
CY2021Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
49991000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
376803000 usd
CY2021Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
111340000 usd
CY2021Q4 pfbx Other Investments Fair Value Disclosure
OtherInvestmentsFairValueDisclosure
350000 usd
CY2021Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
2153000 usd
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
238305000 usd
CY2021Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
20150000 usd
CY2021Q4 pfbx Noninterest Bearing Deposits Fair Value Disclosure
NoninterestBearingDepositsFairValueDisclosure
193473000 usd
CY2021Q4 pfbx Interest Bearing Deposits Fair Value Disclosure
InterestBearingDepositsFairValueDisclosure
512034000 usd
CY2021Q4 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
1072000 usd

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