Company: PFIS
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001104659-25-108874
Chunk: 1

Company: PEOPLES FINANCIAL SERVICES CORP.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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Item 1. Financial Statements

Peoples Financial Services Corp.

CONSOLIDATED BALANCE SHEETS  

(Dollars in thousands, except share data) 

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​​​​​​​​​​​​​ ​    September 30, 2025    December 31, 2024​​(Unaudited)​(Audited)Assets:​​​​​​Cash and cash equivalents​​​​​​Cash and due from banks​$ 62,133​$ 47,029Interest-bearing deposits in other banks​​ 9,492​​ 8,593Federal funds sold​  108,298​  80,229Total cash and cash equivalents​​ 179,923​​ 135,851​​​​​ ​Investment securities:​​​​​​Available for sale:  Amortized cost of $568,633 and $575,288, respectively, net of allowance for credit losses of $0 at September 30, 2025 and December 31, 2024​  534,521​  526,329Held to maturity: Fair value of $63,545 and $65,152, respectively, net of allowance for credit losses of $0 at September 30, 2025 and December 31, 2024​​ 73,286​​ 78,184Equity investments carried at fair value​  2,473​  2,430Total investment securities​  610,280​  606,943Loans​  4,016,367​  3,993,505Less: allowance for credit losses​  39,843​  41,776Net loans​  3,976,524​  3,951,729Loans held for sale​​ 816​​​Goodwill​  75,986​  75,986Premises and equipment, net​  77,009​  73,283Bank owned life insurance​​ 88,175​​ 87,429Deferred tax assets​​ 30,025​​ 35,688Accrued interest receivable​  16,995​  15,632Intangible assets, net​  29,239​  34,197Other assets​  74,664​  74,919Total assets​$ 5,159,636​$ 5,091,657​​​​​​​Liabilities:​​​​​​Deposits:​​​​​​