8-K

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) December 8, 2017

PEOPLES FINANCIAL CORPORATION

(Exact Name of Registrant as Specified in its Charter)

Mississippi

(State or Other Jurisdiction of Incorporation)

001-12103	64-0709834
(Commission File Number)	(IRS Employer Identification No.)
152 Lameuse Street Biloxi, MS	39530
(Address of Principal Executive Offices)	(Zip Code)

(228) 435-5511

(Registrant’s 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 (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 8.01. Other Events.

On December 8, 2017, Peoples Financial Corporation issued a press release announcing the appointment of two new directors to its bank subsidiary’s board.

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits

99.1 Press Release issued by Peoples Financial Corporation dated December 8, 2017, entitled “Peoples Financial Corporation Announces Appointment of Two Directors to Bank Board.”

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: December 8, 2017

PEOPLES FINANCIAL CORPORATION
By:	/s/ Chevis C. Swetman
	Chevis C. Swetman
	Chairman, President and CEO

EX-99.1

Exhibit 99.1

Exhibit 99.1: Peoples Financial Corporation Press Release Dated December 8, 2017

FOR IMMEDIATE RELEASE

For more information, contact:

Paul D. Guichet, Vice President

228-435-8761

pguichet@thepeoples.com

PEOPLES FINANCIAL CORPORATION ANNOUNCES

APPOINTMENT OF TWO DIRECTORS TO BANK BOARD

BILOXI, MS (December 8, 2017)—The board of directors of Peoples Financial Corporation (NASDAQ Capital Market: PFBX), parent of The Peoples Bank, today appointed Ron G. Barnes and Paige R. Riley to the board of The Peoples Bank.

“We are excited to have Ron and Paige join our bank board,” said Chevis C. Swetman, Chairman, President and Chief Executive Officer of the holding company and the bank. “Their leadership, extensive business experience and active community involvement will enhance the insight of our board,” he added.

Over the past 22 years, Mr. Barnes has served Coast Electric Power Association in key management positions encompassing Marketing, Member Services, Public Relations and Legislative Affairs and was recently named President and Chief Executive Officer in April of 2017. Coast Electric is headquartered in Hancock County, Mississippi and provides power to approximately 80,000 homes and businesses along the Mississippi Gulf Coast.

Mr. Barnes holds a B.S.B.A in Marketing Management from the University of Southern Mississippi and is a board member of Cooperative Energy and the Electric Cooperatives of Mississippi. Mr. Barnes is also actively engaged in his community serving as a present or past board member of various civic organizations including Mississippi Gulf Coast Chamber of Commerce, Gulf Coast Community Foundation, United Way of South Mississippi, Public Relations Association of Mississippi and the Heritage United Methodist Church.

Ms. Riley is a life-long resident of the Mississippi Gulf Coast and owner of the highly acclaimed Hillyer House gallery and actively involved in the Pass Christian and Ocean Springs communities.

Hurricane Camille devastated the Mississippi Gulf Coast in August of 1969, and with a family’s desire to contribute to rebuilding the community they loved, Hillyer House was born in the spring of 1970. Through years of passion and leadership, Ms. Riley has grown Hillyer House into a nationally recognized award-winning gallery featuring exceptional works of art from over 400 local, regional and national artists.

Ms. Riley attended Mississippi Gulf Coast Community College with a concentration in Management and Marketing. Additionally, Ms. Riley is a dedicated community leader serving as a board member with numerous community organizations including the Pass Christian Chamber of Commerce, Main Street Pass Christian, Ocean Springs Chamber of Commerce and the Walter Anderson Museum.

Founded in 1896, with $657 million in assets as of September 30, 2017, The Peoples Bank operates 18 branches along the Mississippi Gulf Coast in Hancock, Harrison, Jackson and Stone counties. In addition to 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.

The Peoples Bank is a wholly-owned subsidiary of Peoples Financial Corporation, 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 Company’s actual results and experience to differ from the anticipated results and expectation expressed in such forward-looking statements.