Peoples Financial Corporation Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended Dec. 31, 2015
For the year, the company reported net interest income of $18,436,000 compared to $20,715,000 a year ago. Net loss was $4,592,000 or $0.90 per share compared to $10,004,000 or $1.95 per share a year ago. Return on average assets was 0.69% compared to 1.38% a year ago. Return on average equity was 4.92% compared to 10.31% a year ago. The company's book value per share was $17.93 and $18.53 at the end of 2015 and 2014.