PEOPLES FINANCIAL CORP

Peoples Financial Corporation operates as a bank holding company based in Biloxi, Mississippi. As of December 31, 2025, the company conducts its banking business through its wholly-owned subsidiary, The Peoples Bank, Biloxi, Mississippi. The Bank, which is the company's main asset and revenue source, has its main office, operations center, and asset management and trust services in downtown Biloxi, MS. The Bank also operates 17 branches across Harrison, Hancock, Jackson, and Stone Counties in Mississippi, with ATMs available at its main office, all branch locations, and one non-proprietary location. The Peoples Bank was originally chartered in 1896 as The Peoples Bank of Biloxi and is a state-chartered bank with deposits insured under the Federal Deposit Insurance Act. Its legal name changed in 1991. While most of its business originates from Harrison, Hancock, Stone, and Jackson Counties in Mississippi, it also serves other counties in southern Mississippi, southern Louisiana, and southern Alabama. The Bank offers various services to individuals and small to middle-market businesses within its trade area, defined as parts of Mississippi, Louisiana, and Alabama within a fifty-mile radius of its Waveland, Wiggins, and Gautier branches. Its primary lending focus is on business, commercial, real estate, construction, personal, and installment loans, with an emphasis on commercial lending. The company's nonbank subsidiary, PFC Service Corp., chartered in 1985 for automobile and equipment leasing, is currently inactive.