Welcome to our dedicated page for Peoples Finl Svcs SEC filings (Ticker: PFIS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Peoples Financial Services Corp. (NASDAQ: PFIS) provides access to the company’s regulatory disclosures as a Pennsylvania-incorporated bank holding company for Peoples Security Bank and Trust Company. Through these filings, investors can review how PFIS reports its commercial banking activities, community banking footprint and financial condition over time.
Peoples Financial Services Corp. uses current reports on Form 8-K to announce unaudited quarterly and year-to-date earnings, including results of operations and financial condition for periods such as the quarters ended March 31, June 30 and September 30. These filings typically reference accompanying press releases as exhibits, where the company discusses net income, net interest income, provisions for credit losses, noninterest income and noninterest expenses, along with non-GAAP measures such as tangible stockholders’ equity, core net income, pre-provision net revenue and tax-equivalent net interest income.
Other 8-K filings cover capital and corporate actions, such as the private placement of fixed-to-floating rate subordinated notes structured to qualify as Tier 2 capital and the completion and integration of the FNCB Bancorp, Inc. merger. Executive and compensation-related disclosures, including adoption of a severance and change in control plan for the CEO and leadership team, are also detailed in 8-K filings with attached plan documents.
On Stock Titan, these SEC filings are updated in line with EDGAR and can be paired with AI-powered summaries that explain key points from lengthy documents, such as earnings releases, investor presentations and executive compensation plans. Users can quickly identify important items in PFIS filings, locate exhibits like press releases and presentations, and track how the company’s disclosures on community banking operations, capital structure and governance evolve across reporting periods.
Peoples Financial Services Corp. reported leadership and board changes. Effective April 3, 2026, Gerard A. Champi, already Chief Executive Officer, will also serve as President of Peoples and its banking subsidiary, following the retirement of Thomas P. Tulaney.
In connection with his retirement, Mr. Tulaney will receive accelerated vesting of 207 shares of restricted stock and 709 restricted stock units under the 2023 Equity Incentive Plan and will retain a company vehicle. Peoples Bank also entered into a Consulting and Confidentiality Agreement under which he will provide senior advisory services for a monthly fee of $8,000.
Separately, director Elisa Zúñiga Ramirez informed the company she will not stand for reelection at the 2026 annual meeting, a decision not based on any disagreement. The boards of Peoples and Peoples Bank will each decrease their size at that time.
Peoples Financial Services Corp: Amendment to beneficial ownership filing by The Vanguard Group. The Vanguard Group filed an Amendment No. 1 to a Schedule 13G/A stating it beneficially owns 0 shares (0%) of Peoples Financial Services Corp common stock following an internal realignment described with reference to SEC Release No. 34-39538. The amendment explains certain Vanguard subsidiaries and business divisions now report ownership separately and that The Vanguard Group, Inc. no longer is deemed to have beneficial ownership of securities held by those entities. The filing is signed by Ashley Grim, Head of Global Fund Administration.
Peoples Financial Services Corp. furnished an updated investor presentation in connection with anticipated investor meetings during 2026. The presentation, titled “2025 Investor Presentation (March 2026)”, is available on the company’s investor relations website and is included as Exhibit 99.1 to this report.
The information in the presentation is stated as of the dates indicated within it, and the company notes it does not assume any obligation to correct or update that information. The materials are being provided under Item 7.01, and the company specifically disclaims any inferences about the materiality of the disclosed information.
Peoples Financial Services Corp. reports on a transformational year marked by the completed merger with FNCB Bancorp, which added $1.8 billion in assets, $1.2 billion in loans and $1.4 billion in deposits, for total consideration of about $133.7 million and $12.6 million of goodwill.
At December 31, 2025, commercial real estate loans totaled $2.31 billion, or 56.9% of the loan portfolio, within a diversified mix by property type. Total loans held for investment were $4.07 billion, supported by an allowance for credit losses of $39.0 million, equal to 0.96% of loans.
Asset quality improved: nonperforming assets fell to $12.1 million from $23.0 million, and the ACL coverage of nonperforming loans rose to 344.6%. The bank remained strongly capitalized, with a common equity Tier 1 ratio of 13.06% and total risk-based capital ratio of 14.01%, and maintained $2.27 billion in available liquidity across FHLB, Federal Reserve capacity, brokered deposits and unencumbered securities.
Peoples Financial Services Corp. EVP/Chief Information Officer Susan L. Hubble exercised restricted stock units and had shares withheld for taxes. On March 11, 2026, 279 restricted stock units converted into 279 shares of common stock, including 279 shares credited to an IRA at an exercise price of $0.0000 per share.
A separate Form 4 entry shows 164 common shares, held indirectly through an IRA, were disposed of at $51.8000 per share under code F, meaning they were delivered to satisfy tax or exercise obligations rather than sold on the open market. Following these transactions, Hubble holds 2,010 common shares directly and 2,625 common shares indirectly through an IRA, along with 540 restricted stock units.
Footnotes explain that the RSUs convert one-for-one into common stock and relate to a grant of 819 RSUs made on March 28, 2025, vesting in three annual installments. Of that grant, 279 RSUs vested on March 11, 2026, with 271 scheduled to vest on March 11, 2027 and 269 on March 11, 2028.
PEOPLES FINANCIAL SERVICES CORP. Executive Vice President and Chief Financial Officer James M. Bone Jr. exercised 317 restricted stock units on common stock, converting them into 317 shares of common stock at a stated price of $0.0000 per share. Following this derivative exercise, he directly owns 10,797.9104 shares of common stock and 615 restricted stock units, which are scheduled to vest in installments of 308 units on March 11, 2027 and 307 units on March 11, 2028. In addition, 159.3854 common shares are held indirectly through his spouse.
PEOPLES FINANCIAL SERVICES CORP. Chief Executive Officer Gerard A. Champi exercised restricted stock units that vested into 689 shares of common stock on March 11, 2026. These RSUs convert into common stock on a one-for-one basis and represent the first vesting installment from a prior grant.
After this transaction, Champi directly holds 20,436 shares of common stock, which include time-based restricted shares and jointly held shares with his spouse, and 1,335 restricted stock units outstanding. This filing reflects routine equity compensation vesting rather than an open-market purchase or sale.
PEOPLES FINANCIAL SERVICES CORP. executive vice president and chief risk officer Timothy Kirtley exercised 281 restricted stock units into common stock on March 11, 2026. These RSUs convert into common stock on a one-for-one basis.
To cover tax obligations, 168 common shares were withheld at a price of $51.80 per share, a non-market tax-withholding disposition rather than an open-market sale. After these transactions, he held 6,600 common shares directly and 240 shares indirectly through the PSBT 401(k) Profit Sharing Plan, along with 3,332 RSUs representing contingent rights to receive common stock.
Footnotes explain that 826 RSUs were granted on March 28, 2025, vesting in three annual installments starting March 11, 2025, with 281 RSUs vesting on March 11, 2026 and additional tranches scheduled to vest on March 11, 2027 and March 11, 2028. Another RSU award vests in five equal annual installments beginning August 29, 2026.
PEOPLES FINANCIAL SERVICES CORP. executive Jeffrey A. Drobins exercised restricted stock units that vested into common shares and had shares withheld for taxes. On March 11, 2026, 274 restricted stock units converted into 274 shares of common stock at an exercise price of $0.00 per share.
A total of 236 common shares were disposed of at $51.80 per share to cover tax obligations, leaving 5,236.582 common shares owned directly. Footnotes state these holdings include 155 shares of time-based restricted stock and 5,081.582 other directly owned shares. Drobins also continues to hold 11,763 restricted stock units, each representing a contingent right to receive one share of common stock, with portions vesting annually through 2028 and further RSUs vesting in seven equal annual installments beginning August 29, 2026.
PEOPLES FINANCIAL SERVICES CORP. EVP and Chief Accounting Officer Stephanie A. Westington exercised restricted stock units into common stock as part of her equity compensation. On March 11, 2026, 90 restricted stock units converted into 90 shares of common stock at a stated price of $0.00 per share. Of these shares, 30 were withheld at $51.80 per share to cover tax obligations, leaving a net 60 new common shares. Following these transactions, she directly holds 3,352 shares of common stock. The filing notes a prior grant of 263 RSUs on March 28, 2025, with 90 RSUs vesting on March 11, 2026, and 87 and 86 RSUs scheduled to vest on March 11, 2027 and March 11, 2028, respectively.