For the quarter ending 2025-09-30, PFIS made $130,555K in revenue. $21,058K in net income. Net profit margin of 16.13%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Taxable | 57,621 | 57,459 | 55,212 | 59,412 |
| Tax-exempt | 2,151 | 2,302 | 2,245 | 2,299 |
| Taxable | 4,335 | 4,604 | 4,134 | 4,739 |
| Tax-exempt | 537 | 399 | 396 | 411 |
| Dividends | 47 | 40 | 41 | 55 |
| Interest on interest-bearing deposits in other banks | 101 | 96 | 113 | 150 |
| Interest on federal funds sold | 372 | 435 | 285 | 1,218 |
| Total interest income | 65,164 | 65,335 | 62,426 | 68,284 |
| Interest on deposits | 20,194 | 20,303 | 20,847 | 26,398 |
| Interest on short-term borrowings | 341 | 410 | 225 | 550 |
| Interest on long-term debt | 1,509 | 1,211 | 1,177 | 1,389 |
| Interest on subordinated debt | 1,748 | 1,026 | 443 | 443 |
| Interest on junior subordinated debt | 189 | 188 | 186 | 260 |
| Total interest expense | 23,981 | 23,138 | 22,878 | 29,040 |
| Net interest income | 41,183 | 42,197 | 39,548 | 39,244 |
| (credit to) provision for credit losses | -838 | -239 | 200 | 14,458 |
| Net interest income after (credit to) provision for credit losses | 42,021 | 42,436 | 39,348 | 24,786 |
| Revenue from contracts with customers-Commission And Fees On Fiduciary Activities | - | 563 | - | - |
| Revenue from contracts with customers-Bank Servicing | 3,386 | 3,664 | - | - |
| Revenue from contracts with customers-Credit Card | 321 | 584 | - | - |
| Revenue from contracts with customers-Commission And Fees On Fiduciary Activities | 607 | - | - | - |
| Revenue from contracts with customers-Asset Management1 | 950 | - | - | - |
| Mortgage banking income | 148 | 125 | 114 | 84 |
| Revenue from contracts with customers | - | - | 4,822 | 4,964 |
| Revenue from contracts with customers-Asset Management1 | - | 619 | - | - |
| Increase in cash surrender value of life insurance | 543 | 535 | 526 | 551 |
| Debt securities, gain (loss) | - | - | - | 1 |
| Interest rate swap income | 182 | 164 | 43 | -53 |
| Net (losses) gains on equity investments | -21 | -7 | 71 | 175 |
| Net (losses) gains on sale of fixed assets | -615 | - | 680 | - |
| Total noninterest income | 5,501 | 6,247 | 6,256 | 5,722 |
| Salaries and employee benefits expense | 14,128 | 13,761 | 13,481 | 13,170 |
| Net occupancy and equipment expense | 7,221 | 6,284 | 6,610 | 6,436 |
| Acquisition related expenses | 16 | 66 | 154 | 9,653 |
| Amortization of intangible assets | 1,515 | 1,684 | 1,683 | 1,665 |
| Amount of noninterest expense classified as donations | - | - | - | 512 |
| Professional fees and outside services | 935 | 1,168 | 1,011 | 1,017 |
| Fdic insurance and assessments | 607 | 976 | 1,022 | 809 |
| Advertising and corporate business development | 1,106 | 1,074 | 859 | - |
| Other expenses | 3,150 | 3,249 | 2,533 | 2,240 |
| Total noninterest expense | 28,678 | 28,262 | 27,353 | 35,502 |
| Income (loss) before income taxes | 18,844 | 20,421 | 18,251 | -4,994 |
| Income tax expense (benefit) | 3,598 | 3,465 | 3,242 | -657 |
| Other comprehensive income (loss), reclassification adjustment from aoci for sale of securities, before tax | - | - | - | 1 |
| Net income (loss) | 15,246 | 16,956 | 15,009 | -4,337 |
| Unrealized gain on investment securities available for sale | 7,415 | 1,859 | 5,572 | 15,167 |
| Change in derivative fair value | 18 | 16 | -148 | -1,424 |
| Other comprehensive income | 7,433 | 1,875 | 5,424 | 13,742 |
| Income tax expense related to other comprehensive income | 1,621 | 409 | 1,183 | 3,008 |
| Other comprehensive income, net of income tax expense | 5,812 | 1,466 | 4,241 | 10,734 |
| Comprehensive income | 21,058 | 18,422 | 19,250 | 6,397 |
| Earnings per share, basic | 1.53 | 1.7 | 1.5 | -0.43 |
| Earnings per share, diluted | 1.51 | 1.68 | 1.49 | -0.43 |
| Weighted average number of shares outstanding, diluted | 10,086,915 | 10,082,260 | 10,043,186 | 10,044,449 |
PEOPLES FINANCIAL SERVICES CORP. (PFIS)
PEOPLES FINANCIAL SERVICES CORP. (PFIS)