PEOPLES FINANCIAL SERVICES CORP. (PFIS)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenue from contracts with customers-Commission And Fees On Fiduciary Activities | 563 | - | - | - |
| Revenue from contracts with customers-Credit Card | 584 | - | - | - |
| Revenue from contracts with customers-Bank Servicing | 3,664 | - | - | - |
| Revenue from contracts with customers-Asset Management1 | 619 | - | - | - |
| Interest rate swap gain | 164 | 43 | -53 | 102 |
| Mortgage banking income | 125 | 114 | 84 | 87 |
| Net (losses) gains recognized on equity securities | -7 | 71 | 175 | -12 |
| Increase in cash surrender value of life insurance | 535 | 526 | 551 | 286 |
| Net gains (losses) on fixed assets | - | 680 | - | - |
| Revenue from contracts with customers | - | 4,822 | 4,964 | 3,078 |
| Debt securities, gain (loss) | - | - | 1 | - |
| Total noninterest income | 6,247 | 6,256 | 5,722 | 3,541 |
| Amount of noninterest expense classified as donations | - | - | 512 | 433 |
| Professional fees and outside services | 1,168 | 1,011 | 1,017 | 779 |
| Other expenses | 3,249 | 2,533 | 2,240 | 2,345 |
| Net occupancy and equipment expense | 6,284 | 6,610 | 6,436 | 4,576 |
| Salaries and employee benefits expense | 13,761 | 13,481 | 13,170 | 8,450 |
| Fdic insurance and assessments | 976 | 1,022 | 809 | 504 |
| Acquisition related expenses | 66 | 154 | 9,653 | 1,071 |
| Amortization of cdi and other intangibles | 1,684 | 1,683 | 1,665 | - |
| Advertising and corporate business development | 1,074 | 859 | - | - |
| Total noninterest expense | 28,262 | 27,353 | 35,502 | 18,158 |
| (credit to) provision for credit losses | -239 | 200 | 14,458 | 596 |
| Interest on subordinated debt | 1,026 | 443 | 443 | 444 |
| Interest on short-term borrowings | 410 | 225 | 550 | 633 |
| Interest on junior subordinated debt | 188 | 186 | 260 | - |
| Interest on long-term debt | 1,211 | 1,177 | 1,389 | 269 |
| Interest on deposits | 20,303 | 20,847 | 26,398 | 18,114 |
| Total interest expense | 23,138 | 22,878 | 29,040 | 19,460 |
| Tax-exempt | 399 | 396 | 411 | 371 |
| Taxable | 4,604 | 4,134 | 4,739 | 1,904 |
| Interest on federal funds sold | 435 | 285 | 1,218 | 179 |
| Interest on interest-bearing deposits in other banks | 96 | 113 | 150 | 115 |
| Taxable | 57,459 | 55,212 | 59,412 | 34,406 |
| Dividends | 40 | 41 | 55 | 2 |
| Tax-exempt | 2,302 | 2,245 | 2,299 | 1,399 |
| Total interest income | 65,335 | 62,426 | 68,284 | 38,376 |
| Net interest income | 42,197 | 39,548 | 39,244 | 18,916 |
| Net interest income after provision for credit losses | 42,436 | 39,348 | 24,786 | 18,320 |
| Income before income taxes | 20,421 | 18,251 | -4,994 | 3,703 |
| (benefit) provision for income tax expense | 3,465 | 3,242 | -657 | 421 |
| Net income | 16,956 | 15,009 | -4,337 | 3,282 |
| Income tax expense (benefit) related to other comprehensive income (loss) | 409 | 1,183 | 3,008 | 38 |
| Other comprehensive income (loss), reclassification adjustment from aoci for sale of securities, before tax | - | - | 1 | - |
| Unrealized gain (loss) on investment securities available for sale | 1,859 | 5,572 | 15,167 | 18 |
| Change in derivative fair value | 16 | -148 | -1,424 | 160 |
| Other comprehensive income (loss) | 1,875 | 5,424 | 13,742 | 178 |
| Other comprehensive income (loss), net of income tax expense (benefit) | 1,466 | 4,241 | 10,734 | 140 |
| Comprehensive income (loss) | 18,422 | 19,250 | 6,397 | 3,422 |
| Earnings per share, basic | 1.7 | 1.5 | -0.43 | 0.47 |
| Earnings per share, diluted | 1.68 | 1.49 | -0.43 | 0.46 |
| Weighted average number of shares outstanding, diluted | 10,082,260 | 10,043,186 | 10,044,449 | 7,114,115 |