UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report - February 1, 2005
Commission File Number: 0-23863
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PEOPLES FINANCIAL SERVICES CORP. | ||
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(Exact name of registrant as specified in its charter) | ||
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PENNSYLVANIA |
23-2931852 | |
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(State of incorporation) |
(IRS Employer Identification No.) | |
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50 MAIN STREET, HALLSTEAD, PA |
18822 | |
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(Address of principal executive offices) |
(Zip code) | |
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(570) 879-2175 | ||
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(Registrant’s telephone number including area code) | ||
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Item 9.01 (c) |
Financial Statements and Exhibits |
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99: Press Release of Peoples Financial Services Corp., dated February 1, 2005 regarding Earnings Release |
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EXHIBIT INDEX
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Exhibit |
Page Number in Manually Signed Original | |
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99 |
Press Release of Peoples Financial Services Corp., dated February 1, 2005 regarding Earnings Release |
4 |
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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, thereunto duly authorized.
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PEOPLES FINANCIAL SERVICES, CORP. |
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/s/ |
Debra E. Dissinger |
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Dated: February 1, 2005 |
By: Debra E. Dissinger |
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Executive Vice President |
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| /s/ | Frederick J. Malloy | ||
| Dated: February 1, 2005 | By: Frederick J. Malloy | ||
| Asst. Vice President/Controller | |||
| /s/ | John W. Ord | ||
| Dated: February 1, 2005 | By: John W. Ord | ||
| President & CEO | |||
| /s/ | Joseph Ferretti | ||
| Dated: February 1, 2005 | By: Joseph Ferretti | ||
| Vice President/Chief Credit Officer |
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EXHIBIT 99
Peoples Financial Services Corp. Fourth Quarter Earnings
Peoples Financial Services Corp. reports that net income for 2004 fell short of 2003 net income by almost 20% at $4,453,000. Total assets at year end reached $378,986,000 vs. $371,289,000 at December 31, 2003, a gain of over 2% while net loans at December 31, 2004, were $242,075,000 compared to $234,274,000 at the same time last year, an increase of over 3%. Total deposits at year end 2004 were $274,775,000, a decrease of almost 2% from the December 31, 2003 deposit total of $279,700,000.
Peoples Financial Services Corp., Hallstead, Pennsylvania, is the parent company of Peoples National Bank, an independent community bank with eight community offices. The community office locations are: Hallstead, Hop Bottom, Susquehanna, and Montrose, in Susquehanna County, Pennsylvania; Nicholson, Tunkhannock, and Meshoppen, in Wyoming County, Pennsylvania; and Conklin, in Broome County, New York.
This press release contains certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. Such factors include the possibility that increased demand for prices for the Company’s financial services and products may not occur, changing economic, interest rate and competitive conditions, technological developments, and other risks and uncertainties including those detailed in the Company’s filings with the Securities and Exchange Commission.