Peoples Financial Corporation is a bank holding company, which operates in the state of Mississippi through its subsidiary, The Peoples Bank, Biloxi, Mississippi (the Bank). The Bank offers a range of services to individuals and small to middle market businesses within its trade area. The Bank’s primary lending focus is to offer business loans, real estate loans, construction loans, personal loans and installment loans, with an emphasis on commercial lending. Its deposit services include interest bearing and non-interest bearing checking accounts, savings accounts, certificates of deposit, and individual retirement account (IRA) accounts. The Bank provides depository accounts to individuals, small and middle market businesses, and state, county and local government entities in its trade area at interest rates consistent with market conditions. It also offers a range of other services, including safe deposit box rental, wire transfer services, cash management and Internet banking.