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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income (loss) $ (10,004)us-gaap_NetIncomeLoss $ (538)us-gaap_NetIncomeLoss $ 2,641us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 1,817us-gaap_Depreciation 1,750us-gaap_Depreciation 2,048us-gaap_Depreciation
Provision for allowance for loan losses 7,404us-gaap_ProvisionForLoanLossesExpensed 9,661us-gaap_ProvisionForLoanLossesExpensed 4,264us-gaap_ProvisionForLoanLossesExpensed
Writedown of other real estate 1,261us-gaap_ImpairmentOfRealEstate 670us-gaap_ImpairmentOfRealEstate 153us-gaap_ImpairmentOfRealEstate
(Gain) loss on sales of other real estate (47)us-gaap_GainsLossesOnSalesOfOtherRealEstate 63us-gaap_GainsLossesOnSalesOfOtherRealEstate 21us-gaap_GainsLossesOnSalesOfOtherRealEstate
Loss on impairment of other investments     360us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
(Income) loss on other investments 64us-gaap_GainLossOnSaleOfOtherInvestments (42)us-gaap_GainLossOnSaleOfOtherInvestments 84us-gaap_GainLossOnSaleOfOtherInvestments
Amortization of available for sale securities 250pfbx_NetAmortizationOnAvailableForSaleSecurities 514pfbx_NetAmortizationOnAvailableForSaleSecurities 293pfbx_NetAmortizationOnAvailableForSaleSecurities
Accretion of held to maturity securities (3)us-gaap_UnrealizedGainLossOnSecurities (2)us-gaap_UnrealizedGainLossOnSecurities (1)us-gaap_UnrealizedGainLossOnSecurities
Gain on liquidation, sales and calls of securities (99)us-gaap_GainLossOnSaleOfSecuritiesNet (258)us-gaap_GainLossOnSaleOfSecuritiesNet (1,364)us-gaap_GainLossOnSaleOfSecuritiesNet
Increase in cash surrender value of life insurance (589)us-gaap_BankOwnedLifeInsuranceIncome (501)us-gaap_BankOwnedLifeInsuranceIncome (573)us-gaap_BankOwnedLifeInsuranceIncome
Gain on sale of bank premises and equipment   (15)us-gaap_GainLossOnSaleOfPropertyPlantEquipment  
Change in accrued interest receivable 482us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet 288us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet (197)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet
Change in other assets 810us-gaap_IncreaseDecreaseInOtherOperatingAssets (467)us-gaap_IncreaseDecreaseInOtherOperatingAssets 600us-gaap_IncreaseDecreaseInOtherOperatingAssets
Change in other liabilities 5,218us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (1,122)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (211)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 6,564us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 10,001us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 8,118us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:      
Proceeds from maturities, liquidation, sales and calls of available for sale securities 72,374us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 142,355us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 358,404us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Purchases of available for sale securities (1,995)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (174,588)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (337,360)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Proceeds from maturities of held to maturity securities 660us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities 795us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities 170us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
Purchases of held to maturity securities (7,299)us-gaap_PaymentsToAcquireHeldToMaturitySecurities (4,810)us-gaap_PaymentsToAcquireHeldToMaturitySecurities (5,865)us-gaap_PaymentsToAcquireHeldToMaturitySecurities
Purchases of Federal Home Loan Bank Stock   (1,454)pfbx_PurchasesOfFederalHomeLoanBankStock  
Redemption of Federal Home Loan Bank Stock 1,330us-gaap_PaymentsForProceedsFromFederalHomeLoanBankStock   201us-gaap_PaymentsForProceedsFromFederalHomeLoanBankStock
Redemption of other investments 236us-gaap_ProceedsFromSaleOfOtherInvestments 230us-gaap_ProceedsFromSaleOfOtherInvestments 36us-gaap_ProceedsFromSaleOfOtherInvestments
Proceeds from sales of other real estate 2,115us-gaap_ProceedsFromSaleOfOtherRealEstate 1,125us-gaap_ProceedsFromSaleOfOtherRealEstate 1,546us-gaap_ProceedsFromSaleOfOtherRealEstate
Loans, net change 4,465us-gaap_PaymentsForProceedsFromLoansAndLeases 41,613us-gaap_PaymentsForProceedsFromLoansAndLeases (4,794)us-gaap_PaymentsForProceedsFromLoansAndLeases
Acquisition of premises and equipment (293)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (840)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (235)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sales of banking premises and equipment   19us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment  
Insurance proceeds from casualty loss on other real estate   57pfbx_InsuranceProceedsFromCasualtyLossOnOtherRealEstate  
Investment in cash surrender value of life insurance (100)us-gaap_PaymentsToAcquireLifeInsurancePolicies (94)us-gaap_PaymentsToAcquireLifeInsurancePolicies (91)us-gaap_PaymentsToAcquireLifeInsurancePolicies
Net cash provided by investing activities 71,493us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 4,408us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 12,012us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:      
Demand and savings deposits, net change (7,981)pfbx_IncreaseDecreaseInDemandAndSavingsDeposits (10,888)pfbx_IncreaseDecreaseInDemandAndSavingsDeposits 32,110pfbx_IncreaseDecreaseInDemandAndSavingsDeposits
Time deposits, net change (27,863)us-gaap_IncreaseDecreaseInTimeDeposits (36,273)us-gaap_IncreaseDecreaseInTimeDeposits (24,830)us-gaap_IncreaseDecreaseInTimeDeposits
Cash dividends (512)us-gaap_PaymentsOfDividendsCommonStock   (1,541)us-gaap_PaymentsOfDividendsCommonStock
Retirement of common stock   (181)us-gaap_PaymentsForRepurchaseOfCommonStock  
Borrowings from Federal Home Loan Bank 2,013,013us-gaap_ProceedsFromFederalHomeLoanBankBorrowings 868,560us-gaap_ProceedsFromFederalHomeLoanBankBorrowings 2,246,717us-gaap_ProceedsFromFederalHomeLoanBankBorrowings
Repayments to Federal Home Loan Bank (2,051,989)us-gaap_RepaymentsOfFederalHomeLoanBankBorrowings (798,788)us-gaap_RepaymentsOfFederalHomeLoanBankBorrowings (2,292,128)us-gaap_RepaymentsOfFederalHomeLoanBankBorrowings
Federal funds purchased and securities sold under agreements to repurchase, net change (15,433)pfbx_ProceedsFromRepaymentsOfFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase (54,595)pfbx_ProceedsFromRepaymentsOfFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 36,633pfbx_ProceedsFromRepaymentsOfFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
Net cash used in financing activities (90,765)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (32,165)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (3,039)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase (decrease) in cash and cash equivalents (12,708)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (17,756)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 17,091us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of year 36,264us-gaap_CashAndCashEquivalentsAtCarryingValue 54,020us-gaap_CashAndCashEquivalentsAtCarryingValue 36,929us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of year $ 23,556us-gaap_CashAndCashEquivalentsAtCarryingValue $ 36,264us-gaap_CashAndCashEquivalentsAtCarryingValue $ 54,020us-gaap_CashAndCashEquivalentsAtCarryingValue