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) October 28, 2016
PEOPLES FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Mississippi
(State or Other Jurisdiction of Incorporation)
01-12103 (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
(Registrants Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
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 (17CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4( c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On October 27, 2016, Tyrone J. Gollott retired from the Board of Directors of The Peoples Bank, Biloxi, Mississippi (the Bank). The Bank is wholly-owned subsidiary of Peoples Financial Corporation (the Company). The Company issued a press release announcing Mr. Gollotts retirement on October 28, 2016.
Item 9.01. Financial Statements and Exhibits.
(c) | Exhibits |
99.1 | Press Release issued by Peoples Financial Corporation dated October 28, 2016 entitled Director of The Peoples Bank Retires. |
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: October 28, 2016
PEOPLES FINANCIAL CORPORATION | ||
By: |
/s/ Chevis C. Swetman | |
Chevis C. Swetman | ||
Chairman, President and CEO |
Exhibit 99.1
FOR IMMEDIATE RELEASE
For more information, contact:
Paul D. Guichet, Vice President
228-435-8761
pguichet@thepeoples.com
DIRECTOR OF THE PEOPLES BANK RETIRES
BILOXI, MS (October 28, 2016) The Peoples Bank, a 120-year old subsidiary of Peoples Financial Corporation (NASDAQ Capital Market: PFBX) announced today the retirement of director Tyrone J. Gollott from the board of directors.
We will miss Tyrones exceptional leadership, said Chevis C. Swetman, Chairman and Chief Executive Officer. For the past twenty-three years, he has provided the board with insightful business perspectives and valuable management experience which has contributed greatly to the growth of our company, Swetman added.
Gollott was elected a director of The Peoples Bank in 1993. He is currently president of G & W Enterprises, Inc., a member of the Gollott Family L.P. and a partner with GTT, LLC. Gollott is also a long-term member of the Biloxi Business Mens Club and Fleur De Lis Club.
Founded in 1896, with $683 million in assets as of September 30, 2016, The Peoples Bank operates 18 branches along the Mississippi Gulf Coast in Hancock, Harrison, Jackson and Stone counties. In addition to offering a comprehensive range of retail and commercial banking services, the bank also operates a trust and investment services department that has provided customers with financial, estate and retirement planning services since 1936.
Peoples Financial Corporation is listed on the NASDAQ Capital Market under the symbol PFBX. Additional information is available on the Internet at www.thepeoples.com.
This news release contains forward-looking statements and reflects industry conditions, company performance and financial results. These forward-looking statements are subject to a number of risk factors and uncertainties which could cause the Companys actual results and experience to differ from the anticipated results and expectation expressed in such forward-looking statements.