PEOPLES FINANCIAL SERVICES CORP.

For the period ended Jul 30, 2026. Filed Jul 30, 2026.

About this filing

A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.

Jul 30, 2026 · Filed Jul 30, 2026

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PFIS$72.24-1.0%Stored close · as of Nov 6, 2026

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Contents

EX-99.1 · (In thousands, except per share data)

(In thousands, except per share data)


· · Three Months Ended · · Six Months Ended
· · June 30 · · Mar 31 · · June 30 · · June 30 · · · June 30
· · 2026 · · 2026 · · 2025 · · 2026 · · · 2025
Interest income:
Interest and fees on loans:
Taxable	$59,483	$56,316	$57,459	$115,799	$112,671
Tax-exempt	2,155	2,068	2,302	4,223	4,547
Interest and dividends on investment securities:
Taxable	3,926	4,035	4,604	7,961	8,738
Tax-exempt	1,261	1,133	399	2,394	795
Dividends	305	259	40	564	81
Interest on interest-bearing deposits in other banks	622	893	531	1,515	929
Total interest income	67,752	64,704	65,335	132,456	127,761
Interest expense:
Interest on deposits	18,188	18,139	20,303	36,327	41,150
Interest on short-term borrowings	536	372	410	908	635
Interest on long-term debt	1,500	1,404	1,211	2,904	2,388
Interest on subordinated debt	1,750	1,749	1,026	3,499	1,469
Interest on junior subordinated debt	174	173	188	347	374
Total interest expense	22,148	21,837	23,138	43,985	46,016
Net interest income	45,604	42,867	42,197	88,471	81,745
Provision (benefit) for credit losses	3,105	1,387	(239)	4,492	(39)
Net interest income after provision (benefit) for credit losses	42,499	41,480	42,436	83,979	81,784
Noninterest income:
Service charges, fees, commissions and other	3,411	3,157	3,664	6,568	7,068
Merchant services income	489	180	584	669	815
Commissions and fees on fiduciary activities	588	551	563	1,139	1,100
Wealth management income	753	646	619	1,399	1,269
Mortgage banking income	302	241	125	543	239
Increase in cash surrender value of life insurance	500	497	535	997	1,061
Interest rate swap income	187	660	164	847	207
Net gains (losses) on equity investments	33	456	(7)	489	64
Net gains on sale of investment securities available for sale		510		510
Net gains on sale of fixed assets	271			271	680
Total noninterest income	6,534	6,898	6,247	13,432	12,503
Noninterest expense:
Salaries and employee benefits expense	15,087	14,517	13,761	29,604	27,242
Net occupancy and equipment expense	7,338	7,675	6,284	15,013	12,894
Acquisition related expenses			66		220
Amortization of intangible assets	1,518	1,517	1,684	3,035	3,367
FDIC insurance and assessments	709	756	976	1,465	1,998
Other expenses	5,958	5,398	5,491	11,356	9,894
Total noninterest expense	30,610	29,863	28,262	60,473	55,615
Income before income taxes	18,423	18,515	20,421	36,938	38,672
Income tax expense	3,618	3,768	3,465	7,386	6,707
Net income	$14,805	$14,747	$16,956	$29,552	$31,965
Other comprehensive income:
Unrealized gains (losses) on investment securities available for sale	$2,431	$(3,383)	$1,859	$(952)	$7,431
Reclassification adjustment for net gains on available for sale securities included in net income		(510)		(510)
Change in derivative fair value	80	156	16	236	(132)
Income tax expense (benefit) related to other comprehensive income (loss)	551	(820)	409	(269)	1,592
Other comprehensive income (loss), net of income tax expense (benefit)	1,960	(2,917)	1,466	(957)	5,707
Comprehensive income	$16,765	$11,830	$18,422	$28,595	$37,672
Share and per share amounts:
Net income - basic	$1.48	$1.47	$1.70	$2.95	$3.20
Net income - diluted	1.48	1.47	1.68	2.95	3.18
Cash dividends declared	$0.6250	$0.6250	$0.6175	$1.2500	$1.2350
Average common shares outstanding - basic	10,010,529	10,002,903	9,994,955	10,006,737	9,993,944
Average common shares outstanding - diluted	10,036,037	10,029,213	10,082,260	10,033,374	10,062,831

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.