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EX-99.1 - EXHIBIT 99.1 - PEOPLES FINANCIAL CORP /MS/ex_228260.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8 - K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported) February 22, 2021

 

 

PEOPLES FINANCIAL CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

 

Mississippi

(State or Other Jurisdiction of Incorporation)

 

001-12103

(Commission File Number)

64-0709834

(IRS Employer Identification No.)

   

152 Lameuse Street Biloxi, MS

(Address of Principal Executive Offices)

39530

(Zip Code)

 

(228) 435-5511

(Registrant’s Telephone Number, Including Area Code)

 

     
  (Former Name or Former Address, if Changed Since Last Report)  

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered 

 

None

PFBX

None 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2 below):

 

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐  Pre-commencement communications pursuant to Rule 13e-4( c) under the Exchange Act (17 CFR 240.13e-4( c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).          Emerging growth company  ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 

Item 2.02. Results of Operations and Financial Condition

 

On February 22, 2021, Peoples Financial Corporation (the “Company”) issued a press release announcing the recovery of a previously charged-off loan. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

Item 9.01. Financial Statements and Exhibits.

 

 

(d)

Exhibits

 

 

 

99.1

Press Release issued by Peoples Financial Corporation dated February 22, 2021, “Peoples Financial Corporation Announces Recovery of $4,510,359 on Previously Charged Off Loan.”

 

 

 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: February 22, 2021

 

 

PEOPLES FINANCIAL CORPORATION

 

 

By: /s/ Chevis C. Swetman

Chevis C. Swetman

Chairman, President and CEO