$PFBX
PEOPLES FINANCIAL CORP /MS/

2024 Q4 Form 10-Q Financial Statement

#000155837024015207 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $453.0K
YoY Change -42.66%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.334M
YoY Change -40.39%
Income Tax -$14.10M
% Of Pretax Income -1056.75%
Net Earnings $15.43M
YoY Change 707.91%
Net Earnings / Revenue
Basic Earnings Per Share $3.31
Diluted Earnings Per Share $3.31
COMMON SHARES
Basic Shares Outstanding 4.662M 4.662M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $42.25M
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 $19.14M
YoY Change -1.65%
Goodwill
YoY Change
Intangibles $491.0K
YoY Change -11.37%
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 $814.2M
YoY Change 0.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $30.00M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $30.00M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $21.67M
YoY Change 3.05%
Total Long-Term Liabilities $21.67M
YoY Change 3.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.00M
Total Long-Term Liabilities $21.67M
Total Liabilities $717.8M
YoY Change -4.46%
SHAREHOLDERS EQUITY
Retained Earnings $56.91M
YoY Change 50.2%
Common Stock $70.44M
YoY Change -0.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $96.39M
YoY Change
Total Liabilities & Shareholders Equity $814.2M
YoY Change 0.47%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $15.43M
YoY Change 707.91%
Depreciation, Depletion And Amortization $453.0K
YoY Change -42.66%
Cash From Operating Activities $2.288M
YoY Change -55.61%
INVESTING ACTIVITIES
Capital Expenditures $201.0K
YoY Change -81.58%
Acquisitions
YoY Change
Other Investing Activities $77.97M
YoY Change -45.83%
Cash From Investing Activities $77.77M
YoY Change -45.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -55.33M
YoY Change -67.99%
NET CHANGE
Cash From Operating Activities 2.288M
Cash From Investing Activities 77.77M
Cash From Financing Activities -55.33M
Net Change In Cash 24.73M
YoY Change -199.5%
FREE CASH FLOW
Cash From Operating Activities $2.288M
Capital Expenditures $201.0K
Free Cash Flow $2.087M
YoY Change -48.63%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000770460
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2024Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
123414000
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-12103
dei Entity Registrant Name
EntityRegistrantName
PEOPLES FINANCIAL CORPORATION
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MS
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
64-0709834
dei Entity Address Address Line1
EntityAddressAddressLine1
Lameuse and Howard Avenues
dei Entity Address City Or Town
EntityAddressCityOrTown
Biloxi
dei Entity Address State Or Province
EntityAddressStateOrProvince
MS
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
39533
dei City Area Code
CityAreaCode
228
dei Local Phone Number
LocalPhoneNumber
435-5511
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4661686
CY2024Q3 us-gaap Cash And Due From Banks
CashAndDueFromBanks
42253000
CY2023Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
22794000
CY2024Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
371236000
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
379195000
CY2024Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
341878000
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
339477000
CY2024Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
123414000
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
138523000
CY2024Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
133665000
CY2023Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
150941000
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
30000
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
30000
CY2024Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
133635000
CY2023Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
150911000
CY2024Q3 us-gaap Other Investments
OtherInvestments
350000
CY2023Q4 us-gaap Other Investments
OtherInvestments
350000
CY2024Q3 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
434000
CY2023Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
2334000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
239259000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
238339000
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3091000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3224000
CY2024Q3 us-gaap Notes Receivable Net
NotesReceivableNet
236168000
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
235115000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19139000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19470000
CY2024Q3 us-gaap Interest Receivable
InterestReceivable
3608000
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
3520000
CY2024Q3 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
21850000
CY2023Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
21375000
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
491000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
538000
CY2024Q3 us-gaap Other Assets
OtherAssets
14346000
CY2023Q4 us-gaap Other Assets
OtherAssets
1854000
CY2024Q3 us-gaap Assets
Assets
814152000
CY2023Q4 us-gaap Assets
Assets
797738000
CY2024Q3 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
187866000
CY2023Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
174933000
CY2024Q3 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
439941000
CY2023Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
483662000
CY2024Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
14922000
CY2023Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
7518000
CY2024Q3 pfbx Time Deposits Less Than250000
TimeDepositsLessThan250000
23357000
CY2023Q4 pfbx Time Deposits Less Than250000
TimeDepositsLessThan250000
22377000
CY2024Q3 us-gaap Deposits
Deposits
666086000
CY2023Q4 us-gaap Deposits
Deposits
688490000
CY2023Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
18500000
CY2024Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
30000000
CY2024Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
19352000
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
19581000
CY2024Q3 us-gaap Other Liabilities
OtherLiabilities
2321000
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
1884000
CY2024Q3 us-gaap Liabilities
Liabilities
717759000
CY2023Q4 us-gaap Liabilities
Liabilities
728455000
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
15000000
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
15000000
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4661686
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4661686
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4661686
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4661686
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
4662000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
4662000
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
65780000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
65780000
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
56910000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
37574000
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-30959000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-38733000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
96393000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
69283000
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
814152000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
797738000
CY2024Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
3649000
CY2023Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
3237000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
10676000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
9509000
CY2024Q3 us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
1753000
CY2023Q3 us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
1370000
us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
5941000
us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
5236000
CY2024Q3 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
561000
CY2023Q3 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
927000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1887000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
2726000
CY2024Q3 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
980000
CY2023Q3 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
1084000
us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
2984000
us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
3264000
CY2024Q3 pfbx Interest Income Securities Collaterized Mortgage Obligations
InterestIncomeSecuritiesCollaterizedMortgageObligations
749000
CY2023Q3 pfbx Interest Income Securities Collaterized Mortgage Obligations
InterestIncomeSecuritiesCollaterizedMortgageObligations
887000
pfbx Interest Income Securities Collaterized Mortgage Obligations
InterestIncomeSecuritiesCollaterizedMortgageObligations
2404000
pfbx Interest Income Securities Collaterized Mortgage Obligations
InterestIncomeSecuritiesCollaterizedMortgageObligations
2596000
CY2024Q3 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
40000
CY2023Q3 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
31000
us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
115000
us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
88000
CY2024Q3 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
98000
CY2023Q3 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
303000
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1447000
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1507000
CY2024Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
7830000
CY2023Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
7839000
us-gaap Interest And Other Income
InterestAndOtherIncome
25454000
us-gaap Interest And Other Income
InterestAndOtherIncome
24926000
CY2024Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1760000
CY2023Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1471000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
5953000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
4296000
CY2024Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
791000
CY2023Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
19000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
1626000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
29000
CY2024Q3 us-gaap Interest Expense Operating
InterestExpenseOperating
2551000
CY2023Q3 us-gaap Interest Expense Operating
InterestExpenseOperating
1490000
us-gaap Interest Expense Operating
InterestExpenseOperating
7579000
us-gaap Interest Expense Operating
InterestExpenseOperating
4325000
CY2024Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5279000
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
6349000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
17875000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
20601000
CY2024Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-48000
CY2023Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
22000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-48000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-275000
CY2024Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
5327000
CY2023Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
6327000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
17923000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
20876000
CY2024Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
123000
CY2023Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
120000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
363000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
352000
CY2024Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
4000
CY2023Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
30000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
46000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
30000
CY2024Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
215000
CY2023Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
201000
us-gaap Noninterest Income Other
NoninterestIncomeOther
622000
us-gaap Noninterest Income Other
NoninterestIncomeOther
599000
CY2024Q3 us-gaap Noninterest Income
NoninterestIncome
1750000
CY2023Q3 us-gaap Noninterest Income
NoninterestIncome
1745000
us-gaap Noninterest Income
NoninterestIncome
5254000
us-gaap Noninterest Income
NoninterestIncome
5255000
CY2024Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2768000
CY2023Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2889000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
7938000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
8704000
CY2024Q3 us-gaap Occupancy Net
OccupancyNet
558000
CY2023Q3 us-gaap Occupancy Net
OccupancyNet
574000
us-gaap Occupancy Net
OccupancyNet
1644000
us-gaap Occupancy Net
OccupancyNet
1532000
CY2024Q3 us-gaap Equipment Expense
EquipmentExpense
784000
CY2023Q3 us-gaap Equipment Expense
EquipmentExpense
698000
us-gaap Equipment Expense
EquipmentExpense
2239000
us-gaap Equipment Expense
EquipmentExpense
2042000
CY2024Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
122000
CY2023Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
125000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
320000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
357000
CY2024Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
311000
CY2023Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
289000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
955000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
937000
CY2024Q3 pfbx Atm Expense
ATMExpense
265000
CY2023Q3 pfbx Atm Expense
ATMExpense
265000
pfbx Atm Expense
ATMExpense
668000
pfbx Atm Expense
ATMExpense
434000
CY2024Q3 pfbx Income Expense From Other Real Estate
IncomeExpenseFromOtherRealEstate
-1000
CY2023Q3 pfbx Income Expense From Other Real Estate
IncomeExpenseFromOtherRealEstate
-1000
pfbx Income Expense From Other Real Estate
IncomeExpenseFromOtherRealEstate
-1000
pfbx Income Expense From Other Real Estate
IncomeExpenseFromOtherRealEstate
-37000
CY2024Q3 us-gaap Legal Fees
LegalFees
29000
CY2023Q3 us-gaap Legal Fees
LegalFees
125000
us-gaap Legal Fees
LegalFees
349000
us-gaap Legal Fees
LegalFees
434000
CY2024Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
905000
CY2023Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
868000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2583000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2625000
CY2024Q3 us-gaap Noninterest Expense
NoninterestExpense
5743000
CY2023Q3 us-gaap Noninterest Expense
NoninterestExpense
5834000
us-gaap Noninterest Expense
NoninterestExpense
16697000
us-gaap Noninterest Expense
NoninterestExpense
17102000
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1334000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2238000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6480000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9029000
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14097000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
328000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-13695000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1586000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
15431000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
1910000
us-gaap Net Income Loss
NetIncomeLoss
20175000
us-gaap Net Income Loss
NetIncomeLoss
7443000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.31
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.31
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.33
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.59
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.59
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
15431000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
1910000
us-gaap Net Income Loss
NetIncomeLoss
20175000
us-gaap Net Income Loss
NetIncomeLoss
7443000
CY2024Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
6762000
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-7253000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
7774000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2812000
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6762000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7253000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7774000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2812000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
22193000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5343000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
27949000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4631000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
55194000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
2623000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5051000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
62787000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
2910000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-610000
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2023Q2 us-gaap Dividends Cash
DividendsCash
561000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
64526000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
1910000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7253000
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
70000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
59113000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
69283000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
2415000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1035000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
70663000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
2329000
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2047000
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2024Q2 us-gaap Dividends Cash
DividendsCash
839000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
74200000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
15431000
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6762000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
96393000
us-gaap Profit Loss
ProfitLoss
20175000
us-gaap Profit Loss
ProfitLoss
7443000
us-gaap Depreciation
Depreciation
1252000
us-gaap Depreciation
Depreciation
1128000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-48000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-275000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
47000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
46000
pfbx Amortization On Available For Sale Securities
AmortizationOnAvailableForSaleSecurities
-2231000
pfbx Amortization On Available For Sale Securities
AmortizationOnAvailableForSaleSecurities
-27000
pfbx Amortization On Held To Maturity Securities
AmortizationOnHeldToMaturitySecurities
313000
pfbx Amortization On Held To Maturity Securities
AmortizationOnHeldToMaturitySecurities
-2141000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
46000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
30000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-62000
pfbx Increase Decrease In Cash Surrender Value Of Life Insurance
IncreaseDecreaseInCashSurrenderValueOfLifeInsurance
363000
pfbx Increase Decrease In Cash Surrender Value Of Life Insurance
IncreaseDecreaseInCashSurrenderValueOfLifeInsurance
352000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
88000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
83000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
14079000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
1247000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
996000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1426000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
156000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
366000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4092000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6316000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
173258000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
50942000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
163069000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
30161000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
16963000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
198977000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
162970000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-1900000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
74000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
962000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-7382000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
9000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
197000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
942000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2106000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
65000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
46000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
112000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
105000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
27110000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
62128000
pfbx Increase Decrease In Demand And Savings Deposits
IncreaseDecreaseInDemandAndSavingsDeposits
-30788000
pfbx Increase Decrease In Demand And Savings Deposits
IncreaseDecreaseInDemandAndSavingsDeposits
-46416000
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
8384000
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-9130000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
70000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
829150000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
110000000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
847650000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
110000000
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
30000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
839000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
561000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11743000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-56177000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
19459000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
12267000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22794000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32836000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42253000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45103000
us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
9000
us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
952000
CY2024Q3 pfbx Income Tax Benefit Expense One Time Discrete Reduction
IncomeTaxBenefitExpenseOneTimeDiscreteReduction
15194000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 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 periods. 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 credit losses, the valuation of other real estate acquired in connection with foreclosure or repossession or in satisfaction of loans, and valuation allowances associated with the realization of deferred tax assets, which are based on future taxable income.  In the third quarter of 2024, the Company reassessed the valuation allowance based upon its projections of future sources of taxable income in accordance with applicable accounting guidance and determined it was appropriate to reverse substantially all the valuation allowance which resulted in a one-time discrete reduction to income tax expense of $15,194,000 in the current quarter. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Summary of Significant Accounting Policies - The accounting and reporting policies of the Company conform to GAAP and general practices within the banking industry.</p>
CY2024Q3 pfbx Income Tax Benefit Expense One Time Discrete Reduction
IncomeTaxBenefitExpenseOneTimeDiscreteReduction
15194000
CY2024Q3 pfbx Financing Receivable Accrued Interest Balance
FinancingReceivableAccruedInterestBalance
1222789
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4661686
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4678065
us-gaap Interest Paid Net
InterestPaidNet
7571786
us-gaap Interest Paid Net
InterestPaidNet
4316512
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
835000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
415000
pfbx Real Estate Owned Transfer To Real Estate Owned Number Of Loans
RealEstateOwnedTransferToRealEstateOwnedNumberOfLoans
2
pfbx Real Estate Owned Transfer To Real Estate Owned Number Of Loans
RealEstateOwnedTransferToRealEstateOwnedNumberOfLoans
1
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
952000
CY2023 pfbx Debt Securities Heldtomaturity Impairment Reversal
DebtSecuritiesHeldtomaturityImpairmentReversal
-11346
pfbx Debt Securities Heldtomaturity Impairment Reversal
DebtSecuritiesHeldtomaturityImpairmentReversal
0
CY2024Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
371236000
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
572000
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
29930000
CY2024Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
341878000
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
379195000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
86000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
39804000
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
339477000
CY2024Q3 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0
CY2024Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
133665000
CY2024Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
90000
CY2024Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
10341000
CY2024Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
123414000
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
30000
CY2024Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
133635000
CY2023Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
150941000
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
64000
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
12482000
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
138523000
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
30000
CY2023Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
150911000
us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
0
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
30000
us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
0
us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Allowance For Credit Loss Writeoff
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAllowanceForCreditLossWriteoff
0
us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Allowance For Credit Loss Recovery
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAllowanceForCreditLossRecovery
0
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
30000
CY2023 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
-11000
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
30000
CY2024Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
133665000
CY2023Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
150941000
CY2024Q3 us-gaap Debt Securities Held To Maturity Nonaccrual
DebtSecuritiesHeldToMaturityNonaccrual
0
CY2023Q4 us-gaap Debt Securities Held To Maturity Nonaccrual
DebtSecuritiesHeldToMaturityNonaccrual
0
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
39954000
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
39892000
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
106869000
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
100991000
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
49508000
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
42658000
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
43793000
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
34935000
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
83142000
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
78775000
CY2024Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
371236000
CY2024Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
341878000
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
34561000
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
34401000
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
39631000
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
38256000
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
37618000
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
33876000
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
21855000
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
16881000
CY2024Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
133665000
CY2024Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
123414000
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
22112000
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
27000
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
269774000
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
29903000
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
291886000
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
29930000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
27561000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
42000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
295559000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
39762000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
323120000
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
39804000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
239259000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
238339000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
239259000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
238339000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
427000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
427000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
168000
CY2023Q4 pfbx Financing Receivable Excluding Accrued Interest Nonaccrual With Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualWithAllowance
45000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
213000
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0
CY2023 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0
us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
3000
CY2023 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
1000
CY2024Q3 pfbx Financing Receivable Excluding Accrued Interest Year Four Nonaccrual Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourNonaccrualOriginatedThreeYearsBeforeCurrentFiscalYear
298000
CY2024Q3 pfbx Financing Receivable Excluding Accrued Interest Nonaccrual Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestNonaccrualOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
129000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
427000
CY2023Q4 pfbx Financing Receivable Excluding Accrued Interest Nonaccrual Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestNonaccrualOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
213000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
213000
pfbx Financing Receivable Modifications Number Of Contracts
FinancingReceivableModificationsNumberOfContracts
1
CY2023 pfbx Financing Receivable Modifications Number Of Contracts
FinancingReceivableModificationsNumberOfContracts
0
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3224000
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
222000
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
189000
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
-100000
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3091000
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3150000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
44000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
25000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
-40000
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3091000
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
11000
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3080000
CY2024Q3 pfbx Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Including Unfunded Loan Commitments
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestIncludingUnfundedLoanCommitments
3091000
CY2024Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
1790000
CY2024Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
237469000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
239259000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3338000
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
427000
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
580000
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
-280000
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3201000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3224000
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
40000
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
17000
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
0
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3201000
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
51000
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3150000
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
3201000
CY2023Q3 pfbx Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Including Unfunded Loan Commitments
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestIncludingUnfundedLoanCommitments
3278000
CY2023Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
933000
CY2023Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
228749000
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
229682000
CY2024Q3 pfbx Percentage Of Time Deposits Provide For Automatic Renewal At Current Interest Rates
PercentageOfTimeDepositsProvideForAutomaticRenewalAtCurrentInterestRates
0.98
CY2024Q3 us-gaap Cash And Due From Banks
CashAndDueFromBanks
42253000
CY2024Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
341878000
CY2024Q3 pfbx Other Investments Fair Value Disclosure
OtherInvestmentsFairValueDisclosure
350000
CY2024Q3 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
434000
CY2024Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
229498000
CY2024Q3 pfbx Noninterest Bearing Deposits Fair Value Disclosure
NoninterestBearingDepositsFairValueDisclosure
187866000
CY2024Q3 pfbx Interest Bearing Deposits Fair Value Disclosure
InterestBearingDepositsFairValueDisclosure
401749000
CY2024Q3 pfbx Time Deposits Fair Value Disclosure
TimeDepositsFairValueDisclosure
37715000
CY2024Q3 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
0
CY2024Q3 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
30000000
CY2023Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
22794000
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
339477000
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
138523000
CY2023Q4 pfbx Other Investments Fair Value Disclosure
OtherInvestmentsFairValueDisclosure
350000
CY2023Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
2334000
CY2023Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
221896000
CY2023Q4 pfbx Noninterest Bearing Deposits Fair Value Disclosure
NoninterestBearingDepositsFairValueDisclosure
174933000
CY2023Q4 pfbx Interest Bearing Deposits Fair Value Disclosure
InterestBearingDepositsFairValueDisclosure
424398000
CY2023Q4 pfbx Time Deposits Fair Value Disclosure
TimeDepositsFairValueDisclosure
28939000
CY2023Q4 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
18500000
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
813000
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
833000
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
4022000
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
4079000
CY2024Q3 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
7325000
CY2023Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
9909000
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
423000
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
423000
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
1276000
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
1276000
CY2024Q3 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
159000
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
1033000
CY2024Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
930000
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
1111000
CY2024Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
306000
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
279000
CY2024Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
423000
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15617000
CY2024Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
14831000
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3326000
CY2024Q3 pfbx Deferred Tax Liabilities Unearned Retiree Health Benefits Plan Asset
DeferredTaxLiabilitiesUnearnedRetireeHealthBenefitsPlanAsset
469000
CY2023Q4 pfbx Deferred Tax Liabilities Unearned Retiree Health Benefits Plan Asset
DeferredTaxLiabilitiesUnearnedRetireeHealthBenefitsPlanAsset
469000
CY2024Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2112000
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2088000
CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
13000
CY2024Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2581000
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2570000
CY2024Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
12250000
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
756000
CY2024Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
52000
CY2023Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-374000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
384000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
318000
CY2024Q3 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1045000
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1115000
CY2024Q3 pfbx Deferredincome Tax Expense Benefit Change In Valuation Allowance
DeferredincomeTaxExpenseBenefitChangeInValuationAllowance
-15194000
CY2023Q3 pfbx Deferredincome Tax Expense Benefit Change In Valuation Allowance
DeferredincomeTaxExpenseBenefitChangeInValuationAllowance
702000
pfbx Deferredincome Tax Expense Benefit Change In Valuation Allowance
DeferredincomeTaxExpenseBenefitChangeInValuationAllowance
-15194000
pfbx Deferredincome Tax Expense Benefit Change In Valuation Allowance
DeferredincomeTaxExpenseBenefitChangeInValuationAllowance
1268000
CY2024Q3 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-14149000
CY2023Q3 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
702000
us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-14079000
us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
1268000
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14097000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
328000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-13695000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1586000
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15617000
CY2024Q3 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
15194000
pfbx Income Tax Expense Benefit Excluding One Time Discrete Reduction
IncomeTaxExpenseBenefitExcludingOneTimeDiscreteReduction
1500000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.231
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1586000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.176
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001558370-24-015207-index-headers.html Edgar Link pending
0001558370-24-015207-index.html Edgar Link pending
0001558370-24-015207.txt Edgar Link pending
0001558370-24-015207-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pfbx-20240930.xsd Edgar Link pending
pfbx-20240930x10q.htm Edgar Link pending
pfbx-20240930xex31d1.htm Edgar Link pending
pfbx-20240930xex31d2.htm Edgar Link pending
pfbx-20240930x10q_htm.xml Edgar Link completed
pfbx-20240930xex32d1.htm Edgar Link pending
pfbx-20240930xex32d2.htm Edgar Link pending
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
pfbx-20240930_cal.xml Edgar Link unprocessable
pfbx-20240930_def.xml Edgar Link unprocessable
pfbx-20240930_lab.xml Edgar Link unprocessable
pfbx-20240930_pre.xml Edgar Link unprocessable
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
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.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