{"id":810311,"date":"2025-02-06T18:20:38","date_gmt":"2025-02-06T23:20:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/"},"modified":"2025-02-06T18:20:38","modified_gmt":"2025-02-06T23:20:38","slug":"peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/","title":{"rendered":"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n SCRANTON, Pa.<\/span>
\n <\/span>, Feb. 6, 2025<\/span><\/span> \/PRNewswire\/ — Peoples Financial Services Corp. (“Peoples” or the “Company”) (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three and twelve months ended December 31, 2024<\/span>.<\/p>\n

\n

\n
\n \"Peoples
\n <\/a>\n <\/p>\n<\/p><\/div>\n

Peoples reported net income of $6.1 million<\/span>, or $0.61<\/span> per diluted share for the three months ended December 31, 2024<\/span>, compared to a net loss of $4.3 million<\/span>, or $0.43<\/span> per diluted share for the three months ended September 30, 2024<\/span>. Quarterly net income increased primarily due to lower provisions for credit losses and noninterest expenses, which offset reduced net interest income. On July 1, 2024<\/span>, Peoples consummated the merger of FNCB Bancorp, Inc. into Peoples and the merger of FNCB Bank into Peoples Security Bank and Trust Company (collectively referred to as the “FNCB merger”).\u00a0 Non-recurring acquisition related expenses totaled $5.0 million<\/span> in the quarter ended December 31, 2024<\/span> compared to $24.0 million<\/span> in the prior quarter, which included a $14.3 million<\/span> provision for credit losses on non-purchase credit deteriorated (“non-PCD”) loans acquired in the FNCB merger and acquisition related expenses of $9.7 million<\/span>.<\/p>\n

In addition to evaluating its results of operations in accordance with U.S. generally accepted accounting principles (“GAAP”), Peoples routinely supplements its evaluation with an analysis of certain non-GAAP financial measures, such as tangible stockholders’ equity, core net income and pre-provision revenue ratios, and tax-equivalent net interest income and related ratios, among others.\u00a0 The reported results included in this release contain items, which Peoples considers non-core, namely acquisition related expenses, nonrecurring provisions for non-PDC loans and gain or loss on the sale of securities available for sale.\u00a0 Peoples believes the reported non-GAAP financial measures provide information useful to investors in understanding its operating performance and trends.\u00a0 Where non-GAAP disclosures are used in this press release, a reconciliation to the comparable GAAP measure is provided in the accompanying tables.\u00a0 The non-GAAP financial measures Peoples uses may differ from the non-GAAP financial measures of other financial institutions.<\/p>\n

Core net income and core earnings per diluted share1<\/sup><\/sup>,<\/sup>\u00a0non-GAAP measures, exclude the non-recurring acquisition related expenses of $5.0 million<\/span> and $24.0 million<\/span> incurred during the three months ended December 31, 2024<\/span> and September 30, 2024<\/span>, respectively, and totaled $10.0 million<\/span> or $0.99<\/span> per diluted share for the three months ended December 31, 2024<\/span> compared to $16.5 million<\/span>, or $1.64<\/span> per diluted share for the three months ended September 30, 2024<\/span>.<\/p>\n

Income before taxes was $5.8 million<\/span> for the three months ended December 31, 2024<\/span> compared to a loss of $5.0 million<\/span> for the three months ended September 30<\/span>, 2024.\u00a0 Pre-provision net revenue (PPNR) and PPNR per diluted share1<\/sup>, non-GAAP measures, for the three months ended December 31, 2024<\/span> was $9.6 million<\/span> or $0.96<\/span> per diluted share. \u00a0The PPNR and PPNR diluted earnings per share for the prior quarter was $8.7 million<\/span> or $0.86<\/span> per diluted share. \u00a0Core pre-provision net revenue (PPNR) and core PPNR per diluted share1<\/sup>, non-GAAP measures, which exclude acquisition related expenses, the provision for credit losses and the provision for credit losses on unfunded commitments from income before taxes, for the three months ended December 31, 2024<\/span> was $14.6 million<\/span> or $1.46<\/span> per diluted share.\u00a0 The core PPNR and core PPNR diluted earnings per share for the prior quarter was $18.3 million<\/span> or $1.83<\/span> per diluted share.\u00a0<\/p>\n

For the twelve months ended December 31, 2024<\/span>, net income was $8.5 million<\/span>, or $0.99<\/span> per diluted share, compared to $27.4 million<\/span>, or $3.83<\/span> per diluted share for the comparable period of 2023.\u00a0 Net income for the current period decreased $18.9 million<\/span> when compared to the twelve months ended December 31, 2023<\/span> due to $30.5 million<\/span> of non-recurring charges, including $16.2 million<\/span> of acquisition expenses and a $14.3 million<\/span> provision for credit losses on non-PCD loans related to the FNCB merger, which were partially offset by higher interest income due to increased levels of earning assets.<\/p>\n

\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n 1<\/sup> See reconciliation of non-GAAP financial measures on pg.19-21.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

Core net income and core earnings per diluted share1<\/sup>, non-GAAP measures, totaled $32.4 million<\/span> or $3.77<\/span> per diluted share for the twelve months ended December 31, 2024<\/span> compared to $28.9 million<\/span>, or $4.03<\/span> per diluted share for the comparable period of 2023.\u00a0<\/p>\n

Pre-provision net revenue (PPNR) and PPNR per diluted share1<\/sup>, non-GAAP measures, for the twelve months ended December 31, 2024<\/span> were $27.6 million<\/span> and $3.21<\/span> per diluted share, respectively. \u00a0The PPNR and PPNR diluted earnings per share for the corresponding prior year period was $33.1 million<\/span> or $4.62<\/span> per diluted share.\u00a0 Core pre-provision net revenue (PPNR) and core PPNR per diluted share1<\/sup>, non-GAAP measures, for the twelve months ended December 31, 2024<\/span> were $43.8 million<\/span> and $5.10<\/span> per diluted share, respectively.\u00a0 The core PPNR and core PPNR diluted earnings per share for the corresponding prior year period was $34.9 million<\/span> and $4.88<\/span> per diluted share.<\/p>\n

\n Merger with FNCB<\/b>\n <\/p>\n

Peoples acquired FNCB and its wholly-owned subsidiary FNCB Bank by merger on July 1, 2024<\/span>. \u00a0The merger and acquisition method of accounting was used to account for the transaction with Peoples as the acquirer. \u00a0The Company recorded the assets and liabilities of FNCB at their respective fair values as of July 1, 2024<\/span>. \u00a0The transaction was valued at approximately $133.7 million<\/span>.\u00a0 Primary reasons for the merger included: expansion of the branch network and commanding market share positions in northeastern Pennsylvania<\/span>; attractive low-cost funding base; strong cultural alignment and a deep commitment to shareholders, customers, employees, and communities served by Peoples and FNCB, meaningful value creation to shareholders; increased trading liquidity for both companies and increased dividends for Peoples shareholders.<\/p>\n

At the time of the merger, FNCB contributed, after fair value purchase accounting adjustments, approximately $1.8 billion<\/span> in assets, $421.9 million<\/span> in investments, $1.2 billion<\/span> in loans, $1.4 billion<\/span> in deposits, $226.3 million<\/span> in Federal Home Loan Bank (“FHLB”) advances and other borrowings, and $8.0 million<\/span> in subordinated debt and trust preferred debentures. \u00a0The excess of the merger consideration over the fair value of the net FNCB assets acquired and liabilities assumed resulted in $13.0 million<\/span> of goodwill.\u00a0 The FNCB merger also resulted in a core deposit intangible valued at $36.6 million<\/span> or 5.1% of core deposits.<\/p>\n

The Company incurred non-recurring expenses of $5.0 million<\/span> and $30.5 million<\/span> for the three and twelve months ended December 31, 2024<\/span>, respectively, related to merger and acquisition costs, and an increased allowance for credit losses related to the acquisition of PCD and non-PCD loans acquired in the FNCB merger.<\/p>\n

The Company’s financial results for any periods ended prior to July 1, 2024<\/span> only reflect Peoples results on a stand alone basis. \u00a0As a result of the FNCB merger and the below listed adjustments related to the FNCB merger, the Company’s financial results for the three months and twelve months ended December 31, 2024<\/span> may not be directly comparable to prior reported periods. \u00a0The following schedule highlights specific merger related activity for the three and twelve months ended December 31, 2024<\/span>:<\/p>\n

\n Schedule of Merger & Acquisition Costs and Non-Recurring Merger Related Activity (Unaudited)<\/b>\n <\/p>\n

\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n Quarter Ended<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n Year Ended<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (Dollars in thousands)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n December 31, 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n December 31, 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $<\/span>\n <\/p>\n<\/td>\n

\n

\n 4,990<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $<\/span>\n <\/p>\n<\/td>\n

\n

\n 16,200<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Provision for credit losses for FNCB non-PCD loans <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n 14,328<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Total net M&A costs and non-recurring transaction costs<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $<\/span>\n <\/p>\n<\/td>\n

\n

\n 4,990<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $<\/span>\n <\/p>\n<\/td>\n

\n

\n 30,528<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n NOTABLES IN THE QUARTER<\/b>\n <\/p>\n

    \n
  • Paid a fourth quarter dividend of $0.6175<\/span> per share, representing an increase of 50.6% over the year ago quarter’s dividend.<\/li>\n
  • Completed our core operating system integration to achieve highest efficiency.<\/li>\n
  • Realigned our branch network to achieve maximum coverage with minimum redundancy.<\/li>\n
  • Allowance for credit losses to loans, net increased to 1.05% at December 31, 2024<\/span> from 0.97% and 0.77% at September 30, 2024<\/span> and December 31, 2023<\/span>, respectively.<\/li>\n
  • Return on average equity for the three months ended December 31, 2024<\/span> was 5.07% compared to negative 3.58% for the three months ended September 30, 2024<\/span>; excluding the non-recurring charges, core return on average equity1<\/sup>, a non-GAAP measure, was 8.31% on an annualized basis for the three months ended December 31, 2024<\/span> compared to 13.61% for the three months ended September 30, 2024<\/span>.<\/li>\n
  • Return on average assets for the three months ended December 31, 2024<\/span> was 0.47% compared to negative 0.33% for the three months ended September 30, 2024<\/span>; excluding the non-recurring charges, core return on average assets1<\/sup>, a non-GAAP measure, was 0.76% on an annualized basis for the three months ended December 31, 2024<\/span> compared to 1.24% for the three months ended September 30, 2024<\/span>.<\/li>\n
  • At December 31, 2024<\/span>, the Company had $135.9 million<\/span> in cash and cash equivalents, a decrease of $149.6 million<\/span> from September 30, 2024<\/span>. Additional contingent sources of available liquidity totaled $2.4 billion<\/span> and include lines of credit at the Federal Reserve Bank and FHLB of Pittsburgh<\/span>, brokered deposit capacity and unencumbered securities that may be pledged as collateral. The Company’s cash and cash equivalents balance and available liquidity represented 50.2% of total assets and 58.0% of total deposits.<\/li>\n
  • At December 31, 2024<\/span>, estimated total insured deposits were approximately $3.0 billion<\/span>, or 68.7% of total deposits. Included in the uninsured total at December 31, 2024<\/span> was $487.8 million<\/span> of municipal deposits collateralized by letters of credit issued by the FHLB and pledged investment securities, and $1.4 million<\/span> of affiliate company deposits. Total insured and collateralized deposits represented 79.7% of total deposits at December 31, 2024<\/span>.<\/li>\n<\/ul>\n

    \u00a0\u00a0INCOME STATEMENT REVIEW <\/b><\/p>\n

      \n
    • Net interest margin (“NIM”), calculated on a fully taxable equivalent (“FTE”) basis, a non-GAAP measure1<\/sup>, for the three months ended December 31, 2024<\/span> was 3.25%, a decrease of 1 basis point compared to 3.26% for the three months ended September 30, 2024<\/span>. The decrease in tax-equivalent NIM from the prior quarter was primarily due to a lower yield on interest-earning assets as a result of the Federal Open Market Committee (“FOMC”) lowering rates in September and into the fourth quarter.<\/li>\n
    • The tax-equivalent yield on interest-earning assets, a non-GAAP measure1<\/sup>, decreased 12 basis points to 5.51% during the three months ended December 31, 2024<\/span> from 5.63% during the three months ended September 30, 2024<\/span>.<\/li>\n
    • The cost of funds, which represents the average rate paid on total interest-bearing liabilities, decreased 16 basis points to 2.88% for the three months ended December 31, 2024<\/span> when compared to 3.04% during the three months ended September 30, 2024<\/span>.<\/li>\n
    • The cost of interest-bearing deposits decreased 16 basis points during the three months ended December 31, 2024<\/span> to 2.75% from 2.91% in the three months ended September 30, 2024<\/span>.<\/li>\n
    • The cost of total deposits for the three months ended December 31, 2024<\/span> was 2.20%, a decrease of 13 basis points from 2.33% for the three months ended September 30, 2024<\/span>.<\/li>\n<\/ul>\n
      \n\n\n\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n 1 <\/sup>See reconciliation of non-GAAP financial measures on pg.19-21.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \n Fourth Quarter 2024 Results \u2013 Comparison to Third Quarter 2024<\/b>\n <\/p>\n

      Net interest income for the three months ended December 31, 2024<\/span> decreased $0.7 million<\/span> to $38.5 million<\/span> from $39.2 million<\/span> for the three months ended September 30<\/span>, 2024.\u00a0 Tax-equivalent net interest income, a non-GAAP measure1<\/sup>, for the three months ended December 31, 2024<\/span> decreased $0.8 million<\/span> or 1.9% to $39.2 million<\/span> from $40.0 million<\/span> for the three months ended September 30, 2024<\/span>. \u00a0The decrease in tax-equivalent net interest income was due to a $2.5 million<\/span> decrease in tax-equivalent interest income that was partially offset by a $1.7 million<\/span> decrease in interest expense.<\/p>\n

      Lower interest income was the result of decreases in the volume of earning assets and lower rates on floating rate assets resulting from the 100 basis point cut to the federal funds rate since September 2024<\/span>. \u00a0Average loans, net, decreased $32.9 million<\/span> when comparing the three months ended December 31, 2024<\/span> to the prior three month period ended September 30<\/span>, 2024.\u00a0 Average investments totaled $628.9 million<\/span> in the three months ended December 31, 2024<\/span> and $700.6 million<\/span> in the three months ended September 30<\/span>, 2024.\u00a0 Average federal funds sold increased $37.3 million<\/span> to $129.5 million<\/span> for the three months ended December 31, 2024<\/span>.<\/p>\n

      The $1.7 million<\/span> decrease in interest expense in the three months ended December 31, 2024<\/span> was due primarily to lowering rates paid on consumer, business and municipal deposit accounts in response to the FOMC’s aforementioned actions, coupled with the reduced balances. \u00a0The Company’s total cost of deposits decreased 13 basis points to 2.20% during the three months ended December 31, 2024<\/span> compared to 2.33 % for the prior quarter.\u00a0 The cost of interest-bearing deposits decreased 16 basis point to 2.75% from 2.91% in the prior quarter.\u00a0 Short-term borrowings averaged $39.3 million<\/span> in the three month period ended December 31, 2024<\/span> at an average cost of 4.80% compared to $43.9 million<\/span> in short-term borrowings at an average cost of 4.98% during the three months ended September 30, 2024<\/span>.<\/p>\n

      Average interest-bearing liabilities decreased $39.3 million<\/span> for the three months ended December 31, 2024<\/span>, compared to the three months ended September 30<\/span>, 2024.\u00a0 Average noninterest-bearing deposits decreased $4.5 million<\/span> and represented 20.2% of total average deposits in the three months ended December 31, 2024<\/span> as compared to 20.1% in the three months ended September 30, 2024<\/span>.<\/p>\n

      For the three months ended December 31, 2024<\/span>, $3.4 million<\/span> was recorded to the provision for credit losses compared to $14.5 million<\/span> in the prior quarter.\u00a0 The prior period provision included a non-recurring provision of $14.3 million<\/span> for non-PCD loans acquired in the FNCB merger. \u00a0Excluding the impact of the FNCB merger, the provision for credit losses for the three months ended September 30, 2024<\/span> was $0.2 million<\/span>. \u00a0The higher provision in the three months ended December 31, 2024<\/span> was due to higher net charge-offs of $0.9 million<\/span> primarily in the equipment financing and commercial real estate portfolios which contributed to higher model loss rates.<\/p>\n

      Noninterest income was $5.7 million<\/span> for each of the three months ended December 31, 2024<\/span> and September 30<\/span>, 2024.\u00a0 Higher interest rate swap revenue during the quarter ended December 31, 2024<\/span> was partially offset by lower gains on equity investments, as compared to the quarter ended September 30, 2024<\/span>.<\/p>\n

      Noninterest expense decreased $0.5 million<\/span> to $35.0 million<\/span> for the three months ended December 31, 2024<\/span>, from $35.5 million<\/span> for the three months ended September 30<\/span>, 2024.\u00a0 Excluding acquisition related expenses of $5.0 million<\/span> in the quarter ended December 31, 2024<\/span> and $9.7 million<\/span> in the prior quarter, including legal and consulting, core system de-conversion fees, and severance fees, noninterest expenses increased $4.1 million<\/span>. \u00a0Salaries and employee benefits were $2.1 million<\/span> higher due primarily to year-end employee incentive accruals. \u00a0Other expenses increased $1.9 million<\/span> to $6.5 million<\/span> for the quarter due to the $0.4 million<\/span> reserve on unfunded commitments, $0.4 million<\/span> higher Federal Deposit Insurance Corporation (“FDIC”) assessment costs on the Company and a $0.4 million<\/span> writedown of a former branch property.\u00a0 \u00a0<\/p>\n

      The income tax benefit was $0.3 million<\/span> and $0.7 million<\/span> for the three months ended December 31, 2024<\/span> and September 30, 2024<\/span>, respectively.\u00a0 The lower tax rate was due to the impact of permanent tax adjustments, such as tax exempt income and BOLI income, on a lower pre-tax income base.\u00a0 \u00a0<\/p>\n

      \n\n\n\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n 1<\/sup>\u00a0See reconciliation of non-GAAP financial measures on pg.19-21.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \n 2024 vs. 2023 Full Year Results<\/b>\n <\/p>\n

      Net interest income for the twelve months ended December 31, 2024<\/span> increased $29.2 million<\/span> to $116.0 million<\/span> from $86.8 million<\/span> for the twelve months ended December 31, 2023<\/span>. The FTE NIM, a non-GAAP measure1<\/sup>, for the twelve months ended December 31, 2024<\/span> was 2.84%, an increase of 30 basis points over the prior year’s period of 2.54%.\u00a0 Tax-equivalent net interest income, a non-GAAP measure1<\/sup> for the twelve months ended December 31<\/span>, increased $29.7 million<\/span>, or 33.5%, to $118.4 million<\/span> in 2024 from $88.7 million<\/span> in 2023.\u00a0 The increase in tax-equivalent net interest income was primarily the result of higher loan interest income due to increased volume and rates on new loans acquired through the FNCB merger and an additional $9.0 million<\/span> from accretion of purchase accounting marks on purchased loans. \u00a0Average investments increased $57.9 million<\/span> compared to December 31, 2023<\/span>, due in part to the assumption of $426.1 million<\/span> in investments from the FNCB merger.\u00a0 Subsequent to the merger, the Company engaged in investment sales of approximately $271.4 million<\/span> to repay short-term borrowings and build on balance sheet liquidity.\u00a0 The tax-equivalent yield on earning assets was 5.14% for the twelve months of 2024 compared to 4.34% for the twelve months ended December 31<\/span>, 2023.\u00a0 The cost of interest bearing liabilities during the twelve month period ended December 31, 2024<\/span> increased 51 basis points to 2.93% from 2.42% for the twelve months ended December 31, 2023<\/span> as the cost of interest-bearing deposit products and short-term borrowing costs increased. \u00a0The net impact of the purchase accounting accretion and amortization of the loan, deposit and borrowing marks acquired and assumed in the FNCB merger was $7.3 million<\/span> and contributed 18 basis points to the NIM. \u00a0<\/p>\n

      For the twelve months ended December 31, 2024<\/span>, a provision for credit losses of $19.1 million<\/span> was recorded and included a $14.3 million<\/span> day-one provision for non-PCD loans acquired in the FNCB merger.\u00a0 The balance includes adjustments through December 31, 2024<\/span> for individually evaluated and pooled loans.\u00a0 Excluding the day-one provision, the increase to the provision is due to $1.1 million<\/span> in net charge-offs primarily in the equipment financing and indirect loan portfolios and higher ACL model loss rates.<\/p>\n

      Noninterest income was $18.3 million<\/span> for the twelve months ended December 31, 2024<\/span> and $14.1 million<\/span> for the comparable period ended December 31, 2023<\/span>. \u00a0During the period, service charges and fees increased $2.9 million<\/span>, wealth management income increased $0.5 million<\/span>, bank owned life insurance cash surrender value increased $0.5 million<\/span> and gains on equity securities increased $0.1 million<\/span> while interest rate swap revenue decreased $0.1 million<\/span> on lower loan origination volume and market value adjustments.<\/p>\n

      Noninterest expense for the twelve months ended December 31, 2024<\/span>, was $106.7 million<\/span>, an increase of $38.9 million<\/span> from $67.8 million<\/span> for the twelve months ended December 31<\/span>, 2023.\u00a0 The increase was due primarily to higher acquisition related expenses, and higher expenses due to additional full time equivalent employees and facilities from the FNCB merger. \u00a0Acquisition related expenses totaled $16.2 million<\/span> compared to $1.8 million<\/span> a year ago. \u00a0Salaries and employee benefits expenses increased $10.5 million<\/span> compared to the year ago period due to the addition of 195 full time equivalent employees from FNCB at the time of the FNCB merger.\u00a0 Occupancy and equipment expenses were higher by $5.2 million<\/span> in the current period due to increased technology costs related to system integration and increased account and transaction volumes, and higher facilities costs. \u00a0Other expenses increased $5.6 million<\/span> to $19.1 million<\/span> due to increased FDIC insurance assessments, the write down of a former branch office and the inherent costs of a larger organization. \u00a0The provision for income taxes for the twelve months ended December 31, 2024<\/span> decreased $5.2 million<\/span> as compared to the prior period due to the impact of increased permanent tax adjustments, such as tax exempt income and BOLI income, on a lower pre-tax income base.\u00a0<\/p>\n

      \n\n\n\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n 1<\/sup> See reconciliation of non-GAAP financial measures on pg.19-21.\u00a0<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \n BALANCE SHEET REVIEW <\/b>\n <\/p>\n

      At December 31, 2024<\/span>, total assets, loans and deposits were $5.1 billion<\/span>, $4.0 billion<\/span> and $4.4 billion<\/span>, respectively.<\/p>\n

      Loan growth for the twelve months ended December 31, 2024<\/span> was $1.1 billion<\/span> or 40.1%, due primarily to the $1.2 billion<\/span> in loans acquired in the FNCB merger.\u00a0 Commercial loans made up the majority of the growth with residential real estate loans also increasing.<\/p>\n

      Total investments were $606.9 million<\/span> at December 31, 2024<\/span>, compared to $483.9 million<\/span> at December 31<\/span>, 2023.\u00a0 At December 31, 2024<\/span>, the available for sale securities totaled $526.3 million<\/span> and the held to maturity securities totaled $78.2 million<\/span>. \u00a0The unrealized loss on the available for sale securities decreased $2.5 million<\/span> from $51.5 million<\/span> at December 31, 2023<\/span> to $49.0 million<\/span> at December 31<\/span>, 2024.\u00a0 The unrealized losses on the held to maturity portfolio totaled $13.0 million<\/span> and $13.2 million<\/span> at December 31, 2024<\/span> and December 31, 2023<\/span>, respectively.\u00a0<\/p>\n

      At December 31, 2024<\/span>, goodwill was $76.3 million<\/span>, an increase of $12.9 million<\/span> from $63.4 million<\/span> at December 31<\/span>, 2023.\u00a0 Goodwill declined $0.6 million<\/span> from September 30, 2024<\/span> due to an adjustment in the fourth quarter to the fair value of certain assets acquired in the FNCB merger.<\/p>\n

      Total deposits increased $1.1 billion<\/span> during the twelve months ended December 31, 2024<\/span> due primarily to the $1.4 billion<\/span> in deposits acquired in the FNCB merger, partially offset by reductions in brokered CDs and seasonal outflows of non-maturity deposits.\u00a0 Noninterest-bearing deposits increased $290.8 million<\/span> and interest-bearing deposits increased $837.7 million<\/span> during the twelve months ended December 31, 2024<\/span>. \u00a0The Company had $256.4 million<\/span> and $261.0 million<\/span> of longer-term brokered CDs at December 31, 2024<\/span> and December 31, 2023<\/span>, respectively. \u00a0During the quarter ended December 31, 2024<\/span>, the Company called $100.7 million<\/span> of its higher cost brokered CDs in order to reduce its cost of funds.<\/p>\n

      The Company’s deposit base consisted of 40.4% retail accounts, 34.9% commercial accounts, 18.9% municipal relationships and 5.8% brokered deposits at December 31<\/span>, 2024.\u00a0 At December 31, 2024<\/span>, total estimated uninsured deposits, were $1.4 billion<\/span>, or approximately 31.3% of total deposits.\u00a0 Included in the uninsured total at December 31, 2024<\/span> is $487.8 million<\/span> of municipal deposits collateralized by letters of credit issued by the FHLB and pledged investment securities, and $1.4 million<\/span> of affiliate company deposits.\u00a0 We also offer customers access to CDARS and ICS programs through which their deposits may be allocated to separate FDIC-insured institutions, while they are able to maintain their relationship with the bank.<\/p>\n

      In addition to deposit gathering and current long-term debt, we have additional sources of liquidity available such as cash and cash equivalents, overnight borrowings from the FHLB, the Federal Reserve’s Discount Window, correspondent bank lines of credit, brokered deposit capacity and unencumbered securities.\u00a0 At December 31, 2024<\/span>, the Company had $135.9 million<\/span> in cash and cash equivalents, a decrease of $51.5 million<\/span> from $187.4 million<\/span> at December 31<\/span>, 2023.\u00a0 For additional information on the deposit portfolio and additional sources of liquidity, see the tables on page 17.<\/p>\n

      The Company maintained its well capitalized position at December 31<\/span>, 2024.\u00a0 Stockholders equity equaled $469.0 million<\/span> or $46.94<\/span> per share at December 31, 2024<\/span>, and $340.4 million<\/span> or $48.35<\/span> per share at December 31, 2023<\/span>. \u00a0The increase in stockholders’ equity from December 31, 2023<\/span> is primarily attributable to the FNCB merger, net income less dividends to shareholders, partially offset by a $3.7 million<\/span> decrease to accumulated other comprehensive loss (“AOCL”) resulting from a reduction in the unrealized loss on available for sale securities.\u00a0 The net after tax unrealized loss on available for sale securities included in AOCL at December 31, 2024<\/span> and December 31, 2023<\/span> was $30.3 million<\/span> and $40.3 million<\/span>, respectively.\u00a0<\/p>\n

      Tangible book value1<\/sup>, a non-GAAP measure, decreased to $35.88<\/span> per share at December 31, 2024<\/span>, from $39.35<\/span> per share at December 31<\/span>, 2023.\u00a0 Dividends declared for the twelve months ended December 31, 2024<\/span> amounted to $2.06<\/span> per share. \u00a0<\/p>\n

      \n ASSET QUALITY REVIEW <\/b>\n <\/p>\n

      Nonperforming assets were $23.0 million<\/span> or 0.58% of loans, net and foreclosed assets at December 31, 2024<\/span>, compared to $4.9 million<\/span> or 0.17% of loans, net and foreclosed assets at December 31<\/span>, 2023.\u00a0 Nonperforming assets at December 31, 2024<\/span> included $8.5 million<\/span> of loans acquired in the FNCB merger, of which, $6.4 million<\/span> were PCD loans assumed in the FNCB merger. \u00a0As a percentage of total assets, nonperforming assets totaled 0.45% at December 31, 2024<\/span> compared to 0.13% at December 31<\/span>, 2023.\u00a0 At December 31, 2024<\/span>, the Company had one foreclosed property recorded at $27 thousand<\/span>.<\/p>\n

      During the twelve months ended December 31, 2024<\/span>, net charge-offs were $1.1 million<\/span> and the provision for credit losses totaled $19.1 million<\/span>.\u00a0 The provision for credit losses included a $14.3 million<\/span> FNCB merger related day one adjustment for non-PCD loans. \u00a0The allowance for credit losses equaled $41.8 million<\/span> or 1.05% of loans, net, at December 31, 2024<\/span> compared to $21.9 million<\/span> or 0.77% of loans, net, at December 31<\/span>, 2023.\u00a0\u00a0Loans charged-off, net of recoveries, for the three months ended December 31, 2024<\/span> were $0.9 million<\/span>, compared to $2.8 million<\/span> for the comparable period last year.<\/p>\n

      \n\n\n\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n 1<\/sup> See reconciliation of non-GAAP financial measures on pg.19-21.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \n About Peoples:<\/b>\n <\/p>\n

      Peoples Financial Services Corp. is the bank holding company of Peoples Security Bank and Trust Company, an independent community bank serving its retail and commercial customers through 39 full-service community banking offices located within Allegheny<\/span>, Bucks<\/span>, Lackawanna<\/span>, Lebanon<\/span>, Lehigh<\/span>, Luzerne<\/span>, Monroe<\/span>, Montgomery<\/span>, Northampton<\/span>, Susquehanna<\/span>, Wayne<\/span> and Wyoming<\/span> Counties in Pennsylvania<\/span>, Middlesex County<\/span> in New Jersey<\/span> and Broome County in New York<\/span>. \u00a0Each office, interdependent with the community, offers a comprehensive array of financial products and services to individuals, businesses, not-for-profit organizations and government entities. \u00a0Peoples’ business philosophy includes offering direct access to senior management and other officers and providing friendly, informed and courteous service, local and timely decision making.\u00a0 For more information visit psbt.com.<\/p>\n

      In addition to evaluating its results of operations in accordance with U.S. generally accepted accounting principles (“GAAP”), Peoples routinely supplements its evaluation with an analysis of certain non-GAAP financial measures, such as tangible stockholders’ equity, core net income and pre-provision revenue ratios, among others. The reported results included in this release contain items, which Peoples considers non-core, namely acquisition related expenses and gain or loss on the sale of securities available for sale.\u00a0 Peoples believes the reported non-GAAP financial measures provide information useful to investors in understanding its operating performance and trends.\u00a0 Where non-GAAP disclosures are used in this press release, a reconciliation to the comparable GAAP measure is provided in the accompanying tables.\u00a0 The non-GAAP financial measures Peoples uses may differ from the non-GAAP financial measures of other financial institutions.\u00a0<\/p>\n

      \n Safe Harbor Forward-Looking Statements:<\/b>\n <\/p>\n

      We make statements in this press release, and we may from time to time make other statements regarding our outlook or expectations for future financial or operating results and\/or other matters regarding or affecting Peoples Financial Services Corp. and its subsidiaries (collectively, “Peoples”) and other statements that are not historical facts that are considered “forward-looking statements” as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements may be identified by the use of such words as “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” “intend” and “potential.” For these statements, Peoples claims the protection of the statutory safe harbors for forward-looking statements.<\/p>\n

      Peoples cautions you that undue reliance should not be placed on forward-looking statements and that a number of important factors could cause actual results to differ materially from those currently anticipated in any forward-looking statement. \u00a0Such factors include, but are not limited to: macroeconomic trends, including interest rates and inflation; the effects of any recession in the United States<\/span>; the impact on financial markets from geopolitical conflict, including from wars, military conflict or trade policies, including tariffs or retaliatory tariffs; the possibility that Peoples may be unable to achieve the expected synergies and operating efficiencies of the FNCB merger within the expected timeframes or at all; the possibility that Peoples may be unable to successfully integrate operations of FNCB or that the integration may be more difficult, time consuming or costly than expected\u037e the FNCB merger may divert management’s attention from ongoing business operations and opportunities\u037e effects of the FNCB merger on our ability to retain customers and retain and hire key personnel and maintain relationships with our vendors, and on our operating results and business generally; the dilution caused by Peoples’ issuance of additional shares of its capital stock in connection with the FNCB merger; the outcome of any legal proceedings that may be threatened or instituted against Peoples; changes in interest rates; economic conditions, particularly in our market area; legislative and regulatory changes and the ability to comply with the significant laws and regulations governing the banking and financial services business; monetary and fiscal policies of the U.S. government, including policies of the U.S. Department of Treasury and the Federal Reserve System; adverse developments in the financial industry generally, responsive measures to mitigate and manage such developments, related supervisory and regulatory actions and costs, and related impacts on customer and client behavior; credit risk associated with lending activities and changes in the quality and composition of our loan and investment portfolios; demand for loan and other products; deposit flows; competition; changes in the values of real estate and other collateral securing the loan portfolio, particularly in our market area; changes in relevant accounting principles and guidelines; inability of third party service providers to perform; our ability to prevent, detect and respond to cyberattacks; and other factors that may be described in our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission from time to time.<\/p>\n

      The forward-looking statements are made as of the date of this release, and, except as may be required by\u00a0applicable law or regulation, Peoples assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.<\/p>\n

      \n \u00a0[TABULAR MATERIAL FOLLOWS] <\/b>\n <\/p>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Summary Data<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Peoples Financial Services Corp. <\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Five Quarter Trend (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands, except share and per share data)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Sept\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Mar\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Key performance data:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Share and per share amounts:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net (loss) income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.61<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (0.43)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.46<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.49<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.51<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.99<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1.64<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.59<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.55<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.61<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income (PPNR) (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1.46<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1.83<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.73<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.79<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.95<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Cash dividends declared<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.62<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.62<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.41<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.41<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.41<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Book value<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 46.94<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 47.53<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 48.29<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 48.18<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 48.35<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Tangible book value (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 35.88<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 36.24<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39.31<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39.20<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39.35<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Market value:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n High<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 58.76<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 50.49<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 46.25<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 48.84<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 49.99<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Low<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 44.73<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 41.44<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 36.26<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 38.09<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 38.58<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Closing<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 51.18<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 46.88<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 45.54<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 43.11<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 48.70<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Market capitalization<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 511,325<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 468,549<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 321,388<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 304,238<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 342,889<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Common shares outstanding<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,990,724<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,994,648<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,057,258<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,057,258<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,040,852<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Selected ratios:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Return on average stockholders’
      equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5.07<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n (3.58)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.87<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.09<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.40<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Core return on average stockholders’
      equity\u00a0(1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8.31<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 13.61<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.00<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.59<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.26<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Return on average tangible
      stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6.62<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n (4.67)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.76<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.02<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.46<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Core return on average tangible
      stockholders’ equity (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10.87<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 17.77<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 6.14<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.64<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 6.53<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Return on average assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.47<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n (0.33)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.37<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.38<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.38<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Core return on average assets (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.76<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.24<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.47<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.43<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.46<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Stockholders’ equity to total assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9.21<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 8.86<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 9.42<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 9.27<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 9.10<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Efficiency ratio (1)(2)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63.03<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 53.14<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 74.49<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 75.77<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 69.94<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Nonperforming assets to loans, net,
      and foreclosed assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.58<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.53<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.25<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.27<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.17<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Nonperforming assets to total assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.45<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.41<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.20<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.21<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.13<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net charge-offs to average loans, net<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.09<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.01<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.01<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.00<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.39<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Allowance for credit losses to loans,
      net<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1.05<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.97<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.81<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.79<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.77<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest-bearing assets yield (FTE) (3)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5.51<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.63<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.58<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.56<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.49<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Cost of funds (4)_<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.88<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.04<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.01<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.96<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.86<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest spread (FTE) (3) (4)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.62<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.59<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.57<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.60<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.63<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest margin (FTE) (3)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3.25<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.26<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.29<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.29<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.30<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \n\n\n\n\n\n
      \n

      \n (1)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n See Reconciliation of Non-GAAP financial measures on pages 19-21.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n (2)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n Total\u00a0noninterest expense less amortization of intangible assets and acquisition related expenses, divided by tax-equivalent net interest income and noninterest income less net gains (losses) on investment securities available for sale.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n (3)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n Tax-equivalent adjustments were calculated using the federal statutory tax rate prevailing during the indicated periods of 21%.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n (4)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n Amount for the three months ended September 30, 2024 has been revised from the previously reported amount to correct an immaterial misclassification of deposits, namely a $210.3 million understatement of\u00a0noninterest-bearing deposits and overstatement of interest-bearing deposits.\u00a0 The misclassification had no material impact on the September 30, 2024 financial statements.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Consolidated Statements of Income (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands, except per share data)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Year ended<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest income:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest and fees on loans:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 184,907<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 129,013<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,354<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,628<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest and dividends on investment securities:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 12,930<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,912<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,550<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,582<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Dividends<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 89<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on interest-bearing deposits in other banks<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 498<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 335<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on federal funds sold<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,132<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,377<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total interest income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 211,460<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 149,851<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest expense:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest on deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,934<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 58,561<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on short-term borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,919<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,920<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on long-term debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,317<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 842<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,774<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,774<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on junior subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 527<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 95,471<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,097<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 115,989<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 86,754<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Provision for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,131<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 566<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest income after provision for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 96,858<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 86,188<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Noninterest income:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Service charges, fees, commissions and other<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,673<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,728<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Merchant services income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 896<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 693<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Commissions and fees on fiduciary activities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,270<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,219<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Wealth management income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,118<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,576<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Mortgage banking income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 389<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 390<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Increase in cash surrender value of life insurance<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,572<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,067<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest rate swap revenue<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 285<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 390<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net gains (losses) on equity investment securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 132<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (11)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net gains on sale of investment securities available for sale<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 81<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total noninterest income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,336<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,133<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Noninterest expense:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Salaries and employee benefits expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 45,746<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 35,285<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net occupancy and equipment expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 22,296<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 17,146<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 16,200<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,816<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Amortization of intangible assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,367<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 105<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net loss (gains) on fixed assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n (18)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Other expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,117<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 13,486<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total noninterest expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 106,726<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 67,820<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Income before income taxes<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,468<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 32,501<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n (Benefit) provision for income tax expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (30)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,121<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 8,498<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 27,380<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Other comprehensive income:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Unrealized gains on investment securities available for sale<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,569<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 14,804<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Reclassification adjustment for gains on available for sale securities included in net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (81)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Change in pension liability<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,518<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,129<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Change in derivative fair value<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 632<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (824)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Income tax expense related to other comprehensive income <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,062<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,043<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Other comprehensive income, net of income tax expense <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,656<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 11,985<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Comprehensive income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 12,154<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39,365<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Share and per share amounts:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income – basic<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1.00<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3.85<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net income – diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.99<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3.83<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Cash dividends declared<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.06<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1.64<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Average common shares outstanding – basic<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,531,122<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,107,908<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Average common shares outstanding – diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,586,035<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,151,471<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Consolidated Statements of Income (Loss) (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands, except per share data)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Sept\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Mar\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Three\u00a0months\u00a0ended<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest income:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest and fees on loans:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 57,048<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 59,412<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 34,406<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 34,041<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 33,730<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,238<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,299<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,399<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,418<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,423<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest and dividends on investment securities:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,369<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,739<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,904<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,918<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,939<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 397<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 411<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 371<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 371<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 372<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Dividends<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 30<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 55<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest on interest-bearing deposits in other banks<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 113<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 150<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 120<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 145<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on federal funds sold<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,608<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,218<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 179<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,127<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,463<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total interest income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 65,803<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 68,284<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 38,376<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 38,997<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 40,072<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest expense:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest on deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 24,718<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 26,398<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,114<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,704<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,756<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on short-term borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 474<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 550<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 633<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 262<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 330<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on long-term debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,389<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,389<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 269<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 270<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 273<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 444<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 443<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 444<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 443<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 444<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest on junior subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 267<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 260<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 27,292<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 29,040<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,460<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,679<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,803<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 38,511<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 39,244<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,916<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,318<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 20,269<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Provision for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,369<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,458<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 596<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 708<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,669<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest income after provision for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 35,142<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 24,786<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,320<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,610<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,600<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Noninterest income:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Service charges, fees, commissions and other<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,368<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,384<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,885<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,036<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,881<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Merchant services income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 298<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 223<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 260<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 151<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Commissions and fees on fiduciary activities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 553<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 649<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 517<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 551<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 528<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Wealth management income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 633<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 708<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 416<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 361<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 399<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Mortgage banking income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 126<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 84<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 92<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 95<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Increase in cash surrender value of life insurance<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 456<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 551<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 286<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 279<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 277<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest rate swap revenue<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 260<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (53)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 102<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (24)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (122)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net (losses) gains on investment equity securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (23)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 175<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (12)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (8)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net gains on sale of investment securities available for sale<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total noninterest income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,671<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,722<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,541<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,402<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,215<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Noninterest expense:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Salaries and employee benefits expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 15,287<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 13,170<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,450<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,839<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,939<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net occupancy and equipment expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6,559<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6,436<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,576<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,725<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,468<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,990<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,653<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,071<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 486<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 826<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Amortization of intangible assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,702<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,665<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Other expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6,460<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,578<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,061<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,018<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,346<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total noninterest expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 34,998<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 35,502<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,158<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,068<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 17,598<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Income (loss) before income taxes<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,815<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (4,994)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,703<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,944<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,217<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Income tax (benefit) expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (272)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (657)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 421<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 478<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 587<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net income (loss)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 6,087<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (4,337)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,282<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,466<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,630<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Other comprehensive (loss) income:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Unrealized (loss) gain on investment securities available for sale<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (10,175)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 15,167<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 18<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (2,441)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 19,494<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Reclassification adjustment for gains on available for sale securities
      included in net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Change in benefit plan liabilities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,518<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,129<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Change in derivative fair value<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 817<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (1,424)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 160<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,079<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (1,650)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Income tax (benefit) expense related to other comprehensive (loss)
      income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (1,686)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,008<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 38<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (298)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,894<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Other comprehensive (loss) income, net of income tax
      (benefit) expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (6,154)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,734<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 140<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (1,064)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 15,079<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Comprehensive (loss) income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (67)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 6,397<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,422<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,402<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 18,709<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Share and per share amounts:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income – basic<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.61<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (0.43)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.47<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.49<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.52<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net income – diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.61<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (0.43)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.46<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.49<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.51<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Cash dividends declared<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.62<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.62<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.41<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.41<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.41<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Average common shares outstanding – basic<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,994,605<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,987,627<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,057,258<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,052,912<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,040,852<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Average common shares outstanding – diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,051,337<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,044,449<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,114,115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,102,112<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,091,015<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Net Interest Margin (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands, fully taxable equivalent basis)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n Three Months Ended <\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n December 31, 2024<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n December 31, 2023<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n Average<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Interest\u00a0Income\/<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Yield\/<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n Average<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Interest\u00a0Income\/<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Yield\/<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n Balance<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Expense<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Rate<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n Balance<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Expense<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Rate<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Assets:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Earning assets:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Loans:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,757,273<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 57,048<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 6.04<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,632,865<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 33,730<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.08<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 278,429<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,834<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.05<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 227,800<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,801<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.14<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,035,702<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 59,882<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.90<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,860,665<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 35,531<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.93<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Investments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 541,526<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,399<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.23<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 450,533<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,939<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.71<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,419<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 502<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.29<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,297<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 471<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.14<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total investments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 628,945<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,901<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.10<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 537,830<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,410<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.78<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest-bearing deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,116<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 113<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.93<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,432<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 145<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.51<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Federal funds sold<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 129,517<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,608<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.94<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 176,983<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,463<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.52<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total earning assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,803,280<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 66,504<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.51<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,585,910<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 40,549<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.49<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Less: allowance for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 39,850<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 23,386<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Other assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 440,029<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 211,864<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,203,459<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 66,504<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,774,388<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 40,549<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Liabilities and Stockholders’ Equity:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest-bearing liabilities:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Money market accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 945,644<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 7,526<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.17<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 775,661<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 7,227<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.70<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest-bearing demand and NOW
      accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,276,206<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,549<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.35<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 814,695<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,925<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.40<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Savings accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 502,028<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 651<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.52<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 438,544<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 267<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.24<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Time deposits less than $100<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 497,473<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,428<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.34<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 415,806<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,364<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.16<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Time deposits $100 or more<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 351,970<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,564<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.03<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 216,450<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,973<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.62<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest-bearing
      deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,573,321<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 24,718<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.75<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,661,156<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,756<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.80<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Short-term borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 39,319<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 474<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.80<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 24,103<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 330<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.43<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Long-term debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 111,135<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,389<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.97<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 25,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 273<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.33<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 444<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.35<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 444<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.34<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Junior subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,026<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 267<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 13.23<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 191,480<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,574<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.35<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 82,103<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,047<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.06<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest-bearing
      liabilities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,764,801<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 27,292<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.88<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,743,259<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,803<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.86<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Noninterest-bearing deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 904,274<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 651,182<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Other liabilities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 56,445<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 52,760<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 477,939<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 327,187<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total liabilities and
      stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,203,459<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,774,388<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net interest income\/spread<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39,212<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.62<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 20,746<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.63<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest margin<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3.25<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.30<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-equivalent adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 596<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 378<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Investments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 105<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 99<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total adjustments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 701<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 477<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n

      The average balances of assets and liabilities, corresponding interest income and expense and resulting average yields or rates paid are summarized as follows. Averages for earning assets include nonaccrual loans. Investment averages include available for sale securities at amortized cost. Income on investment securities and loans is adjusted to a tax-equivalent basis using the prevailing federal statutory tax rate of 21%.\u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Net Interest Margin (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands, fully taxable equivalent basis)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n For the Twelve Months Ended<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n December 31, 2024<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n December 31, 2023<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n Average<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Interest\u00a0Income\/<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Yield\/<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Average<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Interest\u00a0Income\/<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Yield\/<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n
      \n Balance<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Expense<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Rate<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Balance<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Expense<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n Rate<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Assets:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Earning assets:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Loans:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,205,564<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 184,907<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.77<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,605,927<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 129,013<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.95<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 251,300<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,309<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.70<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 225,839<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,124<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.15<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,456,864<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 194,216<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.62<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,831,766<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 136,137<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.81<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Investments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 529,649<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 13,019<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.46<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 468,403<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,916<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.69<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,563<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,962<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.24<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 90,897<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,003<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.20<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total investments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 617,212<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,981<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.43<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 559,300<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,919<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.77<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest-bearing deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,434<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 498<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.28<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6,373<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 335<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.26<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Federal funds sold<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 78,698<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,132<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.25<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 98,535<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,377<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.46<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total earning assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,162,208<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 213,827<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.14<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3,495,974<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 151,768<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.34<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Less: allowance for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 30,724<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 24,377<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Other assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 362,130<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 211,618<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,493,614<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 213,827<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,683,215<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 151,768<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Liabilities and Stockholders’ Equity:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest-bearing liabilities:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Money market accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 621,993<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 29,643<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.77<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 714,940<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 22,686<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.17<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest-bearing demand and NOW
      accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,261,095<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 23,674<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.88<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 779,977<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 15,586<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.00<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Savings accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 463,199<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,625<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.00<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 474,028<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 994<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.21<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Time deposits less than $100<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 480,737<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,124<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.77<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 349,990<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 13,344<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.81<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Time deposits $100 or more<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 291,482<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 11,868<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.07<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 200,743<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,951<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.96<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest-bearing
      deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,118,506<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,934<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.82<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,519,678<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 58,561<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.32<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Short-term borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 37,083<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,919<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.17<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 38,331<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,920<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.01<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Long-term debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 68,441<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,317<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.85<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,448<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 842<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.33<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,774<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.38<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,774<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.38<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Junior subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,028<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 527<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 13.08<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 142,552<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,537<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.29<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 90,779<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,536<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.00<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest-bearing
      liabilities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,261,058<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 95,471<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.93<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2,610,457<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,097<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.42<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Noninterest-bearing deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 714,824<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 698,749<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Other liabilities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 106,970<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 44,786<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 410,762<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 329,223<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total liabilities and
      stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,493,614<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 95,471<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,683,215<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,097<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net interest
      income\/spread<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 118,356<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.21<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 88,671<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.92<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest margin<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.84<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.54<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-equivalent adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1,955<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1,496<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Investments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 412<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 421<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total adjustments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,367<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1,917<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Details of Net Interest Income and Net Interest Margin (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands, fully taxable equivalent basis)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Sept\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Mar\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Three\u00a0months\u00a0ended<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Net interest income:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest income:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Loans, net:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 57,048<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 59,412<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 34,406<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 34,041<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 33,730<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,834<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,910<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,771<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,795<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,801<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total loans, net<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 59,882<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 62,322<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 36,177<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 35,836<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 35,531<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Investments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,399<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,794<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,906<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,920<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,939<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 502<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 520<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 469<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 470<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 471<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total investments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,901<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,314<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,375<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,390<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,410<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest on interest-bearing balances in other banks<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 113<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 150<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 120<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 145<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Federal funds sold<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,608<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,218<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 179<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,127<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,463<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 66,504<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 69,004<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 38,846<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 39,473<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 40,549<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest expense:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 24,718<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 26,398<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,114<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,704<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,756<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Short-term borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 474<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 550<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 633<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 262<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 330<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Long-term debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,389<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,389<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 269<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 270<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 273<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 444<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 443<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 444<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 443<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 444<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Junior subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 267<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 260<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 27,292<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 29,040<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,460<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,679<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,803<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Net interest income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39,212<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39,964<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 19,386<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 19,794<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 20,746<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Loans, net:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6.04<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 6.24<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.25<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.20<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.08<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4.05<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.16<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.20<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.20<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.14<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total loans, net<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5.90<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 6.09<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.09<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.04<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.93<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Investments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3.23<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.12<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.73<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.73<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.71<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.29<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.31<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.19<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.18<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.14<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total investments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3.10<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.02<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.80<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.80<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.78<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest-bearing balances with banks<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4.93<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.55<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.28<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.35<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.51<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Federal funds sold<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4.94<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.26<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.68<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.60<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.52<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total interest-earning assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5.51<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.63<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.58<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.56<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.49<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest expense:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Deposits (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.75<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.91<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.92<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.90<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.80<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Short-term borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4.80<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.98<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.61<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.35<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.43<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Long-term debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4.97<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.94<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.33<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.34<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.33<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5.35<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.34<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.41<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.40<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.34<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Junior subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 13.23<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 12.93<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest-bearing liabilities (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.88<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.04<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.01<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.96<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.86<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest spread (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.62<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.59<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.57<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.60<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.63<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest margin<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3.25<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 3.26<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.29<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.29<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2.30<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \n\n\n
      \n

      \n (1)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n Amount for the three months ended September 30, 2024 has been revised from the previously reported amount to correct an immaterial misclassification of deposits, namely a $210.3 million understatement of noninterest-bearing deposits and overstatement of interest-bearing deposits.\u00a0 The misclassification had no material impact on the September 30, 2024 financial statements.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Consolidated Balance Sheets (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Sept\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Mar\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n At\u00a0period\u00a0end<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Assets:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Cash and due from banks<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 47,029<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 97,090<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 41,234<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 32,009<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 33,524<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest-bearing balances in other banks<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,593<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,286<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,722<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,259<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,141<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Federal funds sold<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 80,229<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 178,093<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 69,700<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 144,700<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Investment securities:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Available for sale<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 526,329<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 562,486<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 385,240<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 394,413<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 398,927<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Equity investments carried at fair value<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,430<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,921<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 78<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 91<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 98<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Held to maturity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 78,184<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 79,861<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 81,598<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 83,306<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 84,851<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total investments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 606,943<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 646,268<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 466,916<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 477,810<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 483,876<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Loans held for sale<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 803<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 300<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 250<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,993,505<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,069,683<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,869,553<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,858,412<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,849,897<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: allowance for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 41,776<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 39,341<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 23,123<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 22,597<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 21,895<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Net loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,951,729<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,030,342<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,846,430<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,835,815<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,828,002<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Goodwill<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 76,325<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 76,958<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Premises and equipment, net<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 73,283<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 75,877<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 58,565<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 59,097<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 61,276<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Bank owned life insurance<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,429<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,401<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 49,955<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 49,673<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 49,397<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Deferred tax assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 32,006<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,078<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,460<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,241<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 13,770<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Accrued interest receivable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 15,632<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 17,979<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 13,326<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 13,565<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 12,734<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Other intangible assets, net<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 34,197<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 35,907<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Other assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 78,586<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 70,056<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 53,077<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 45,299<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 42,249<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,091,981<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,360,138<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,616,055<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,669,138<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,742,289<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Liabilities:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Deposits:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Noninterest-bearing (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 935,516<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 927,864<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 620,971<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 623,408<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 644,683<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest-bearing (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,472,036<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,710,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,443,988<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,580,530<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,634,354<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,407,552<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,637,864<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,064,959<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,203,938<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,279,037<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Short-term borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 15,900<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 37,346<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 104,250<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 20,260<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 17,590<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Long-term debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 98,637<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 111,489<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 25,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 25,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 25,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Junior subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,039<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,015<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Accrued interest payable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,503<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6,829<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,507<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,327<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,765<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Other liabilities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 54,400<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 50,544<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 42,532<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 41,621<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 41,475<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total liabilities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,623,031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,885,087<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,275,248<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,329,146<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,401,867<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Stockholders’ equity:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Common stock<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,995<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,993<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,122<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,122<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,093<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Capital surplus<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 250,695<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 250,578<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 122,449<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 122,162<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 122,130<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Retained earnings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 238,955<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 239,021<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 249,511<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 249,123<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 248,550<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Accumulated other comprehensive loss<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (40,695)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (34,541)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (45,275)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (45,415)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (44,351)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 468,950<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 475,051<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 340,807<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 339,992<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 340,422<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total liabilities and stockholders’
      equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,091,981<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,360,138<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,616,055<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,669,138<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,742,289<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
      \n\n\n
      \n

      \n (1)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n Amount at September 30, 2024 has been revised from the previously reported amount to correct an immaterial misclassification of deposits, namely a $210.3 million understatement of\u00a0noninterest-bearing deposits and overstatement of interest-bearing deposits.\u00a0 The misclassification had no material impact on the September 30, 2024 financial statements.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Loan and Asset Quality Data (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n

      \n At period end <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n December 31, 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n September 30, 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June 30, 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n March 31, 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n December 31, 2023<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Commercial<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 556,630<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 616,369<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 411,112<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 400,439<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 317,245<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Non-taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 279,390<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 273,710<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 220,893<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 224,083<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 226,470<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 836,020<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 890,079<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 632,005<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 624,522<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 543,715<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Real estate<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Commercial real estate<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,294,113<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,309,588<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,793,652<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,794,086<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,863,118<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Residential<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 551,851<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 550,590<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 369,671<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 361,490<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 360,803<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,845,964<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,860,178<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,163,323<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,155,576<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,223,921<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Consumer<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Indirect Auto<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 119,704<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 130,380<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 66,792<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 71,675<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 75,389<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Consumer Other<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 12,697<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 15,580<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,433<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6,639<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6,872<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 132,401<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 145,960<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 74,225<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 78,314<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 82,261<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Equipment Financing<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 179,120<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 173,466<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,993,505<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,069,683<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,869,553<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,858,412<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,849,897<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Sept\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Mar\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n At\u00a0quarter\u00a0end<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Nonperforming assets:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Nonaccrual\/restructured loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 22,517<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 20,949<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 7,116<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 7,056<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,961<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Accruing loans past due 90 days or more<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 458<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 569<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 656<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 986<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Foreclosed assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 27<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 27<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 27<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total nonperforming assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 23,002<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 21,545<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 7,143<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 7,712<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,947<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Sept\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Mar\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Three months ended<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Allowance for credit losses:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Beginning balance<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39,341<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 23,123<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 22,597<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 21,895<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 23,010<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Merger-related adjustments – Non PCD Loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Merger-related adjustments – PCD Loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,842<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Charge-offs<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,108<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 534<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 135<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 108<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,808<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Recoveries<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 174<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 452<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 65<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 102<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 24<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Provision for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,369<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 130<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 596<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 708<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,669<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Ending balance<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 41,776<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39,341<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 23,123<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 22,597<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 21,895<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Deposit and Liquidity Detail (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n

      \n At period end <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n December 31, 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n September 30, 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June 30, 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n March 31, 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n December 31, 2023<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest-bearing deposits:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Money market accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 936,239<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1,018,575<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 690,631<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 759,305<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 782,243<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest-bearing demand and NOW
      accounts (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,238,853<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,229,083<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 715,890<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 754,673<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 796,426<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Savings accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 492,180<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 509,412<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 397,827<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 415,459<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 429,011<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Time deposits less than $250<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 620,725<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 824,791<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 504,879<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 517,009<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 505,409<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Time deposits $250 or more<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 184,039<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 128,139<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 134,761<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 134,084<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 121,265<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total interest-bearing deposits (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,472,036<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,710,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,443,988<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,580,530<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,634,354<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Noninterest-bearing deposits (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 935,516<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 927,864<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 620,971<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 623,408<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 644,683<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,407,552<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,637,864<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,064,959<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,203,938<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,279,037<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n December 31, 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n At period end<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n Amount<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Percent of Total<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n Number of accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Average Balance<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Deposit Detail:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Retail<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1,779,729<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 40.4<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 98,583<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 18<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Commercial<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,538,757<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 34.9<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,675<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 82<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Municipal<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 832,665<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 18.9<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,427<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 343<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Brokered<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 256,401<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.8<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 28<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 9,157<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total Deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,407,552<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 100.0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 119,713<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 37<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Uninsured<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,381,492<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 31.3<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Insured<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,026,060<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 68.7<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n December 31, 2023<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n At period end<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n Amount<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Percent of Total<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n Number of accounts<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Average Balance<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Deposit Detail:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Retail<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1,358,371<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 41.4<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 70,334<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 19<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Commercial<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,096,547<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 33.4<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 13,433<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 82<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Municipal<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 563,124<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 17.2<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,856<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 303<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Brokered<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 260,995<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 8.0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 24<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 10,875<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total Deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,279,037<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 100.0<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 85,647<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 38<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Uninsured<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 883,530<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 26.9<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Insured<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,395,507<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 73.1<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n Total Available<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n At December 31, 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n Total Available<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n Outstanding<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n for Future Liquidity<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n FHLB advances<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1,680,100<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 587,817<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1,092,283<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Federal Reserve – Discount Window<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 621,462<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 621,462<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Correspondent bank lines of credit<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,000<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Other sources of liquidity:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Brokered deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 763,797<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 256,401<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 507,396<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Unencumbered securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 182,170<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 182,170<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Total sources of liquidity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,265,529<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 844,218<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,421,311<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \n\n\n
      \n

      \n (1)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n Amount at September 30, 2024 has been revised from the previously reported amount to correct an immaterial misclassification of deposits, namely a $210.3 million understatement of\u00a0noninterest-bearing deposits and overstatement of interest-bearing deposits. The misclassification had no material impact on the September 30, 2024 financial statements.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Consolidated Balance Sheets (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Sept\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Mar\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average\u00a0quarterly\u00a0balances<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Assets:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Loans, net:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,757,273<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,790,138<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,637,164<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,632,554<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,632,865<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 278,429<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 278,496<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 222,655<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 225,293<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 227,800<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total loans, net<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,035,702<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,068,634<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,859,819<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,857,847<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,860,665<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Investments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Taxable<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 541,526<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 611,032<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 443,146<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 446,996<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 450,533<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Tax-exempt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,419<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 89,532<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 86,418<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 86,864<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,297<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total investments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 628,945<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 700,564<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 529,564<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 533,860<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 537,830<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest-bearing balances with banks<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,116<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,820<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,763<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,025<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,432<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Federal funds sold<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 129,517<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 92,171<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 12,672<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 80,955<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 176,983<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total interest-earning assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,803,280<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,872,189<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,410,818<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,481,687<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,585,910<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Other assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 400,179<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 419,005<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 198,248<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 195,063<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 188,478<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,203,459<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,291,194<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,609,066<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,676,750<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,774,388<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Liabilities and stockholders’ equity:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Deposits:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Interest-bearing (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,573,321<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,607,405<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,496,298<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,593,813<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 2,661,156<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Noninterest-bearing (1)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 904,274<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 908,776<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 620,256<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 616,610<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 651,182<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total deposits<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,477,595<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,516,181<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,116,554<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,210,423<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,312,338<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Short-term borrowings<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 39,319<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 43,895<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 45,383<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,687<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 24,103<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Long-term debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 111,135<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 111,804<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 25,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 25,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 25,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 33,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Junior subordinated debt<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,026<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,000<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Other liabilities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 56,445<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 96,177<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 48,630<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 47,688<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 52,760<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total liabilities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,725,520<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,809,057<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,268,567<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,335,798<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,447,201<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 477,939<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 482,137<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 340,499<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 340,952<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 327,187<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Total liabilities and stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,203,459<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,291,194<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,609,066<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,676,750<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,774,388<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
      \n\n\n
      \n

      \n (1)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n Quarterly averages at September 30, 2024 have been revised from the previously reported amounts to correct an immaterial misclassification of deposits, namely a $210.3 million understatement of\u00a0noninterest-bearing deposits and overstatement of interest-bearing deposits.\u00a0 The misclassification had no material impact on the September 30, 2024 financial statements.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Reconciliation of Non-GAAP Financial Measures (Unaudited) <\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands, except share and per share data)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Sept\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n June\u00a030<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Mar\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Three\u00a0months\u00a0ended<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core net income per share:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income (loss) GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 6,087<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (4,337)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,282<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,466<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,630<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: ACL provision for FNCB acquired legacy loans tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,885<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,990<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,653<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,071<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 486<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 826<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,089<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,270<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 122<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 59<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 9,988<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 16,489<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,231<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,893<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,341<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average common shares outstanding – diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,051,337<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,044,449<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,114,115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,102,112<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,091,015<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income per share<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.99<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1.64<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.59<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.55<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.61<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Tangible book value:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 468,950<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 475,051<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 340,807<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 339,992<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 340,422<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Goodwill<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 76,325<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 76,958<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Other intangible assets, net<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 34,197<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 35,907<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Total tangible stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 358,428<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 362,186<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 277,437<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 276,622<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 277,052<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Common shares outstanding<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,990,724<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,994,648<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,057,258<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,057,258<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,040,852<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Tangible book value per share<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 35.88<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 36.24<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39.31<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39.20<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39.35<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core return on average stockholders’ equity:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income (loss) GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 6,087<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (4,337)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,282<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,466<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,630<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: ACL provision for FNCB acquired legacy loans tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,885<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,990<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,653<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,071<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 486<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 826<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,089<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,270<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 122<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 59<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 9,988<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 16,489<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,231<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,893<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,341<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 477,939<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 482,137<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 340,499<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 340,952<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 327,187<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core return on average stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8.31<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 13.61<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.00<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.59<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.26<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Return on average tangible stockholders’ equity:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income (loss) GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 6,087<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (4,337)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,282<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,466<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,630<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 477,939<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 482,137<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 340,499<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 340,952<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 327,187<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: average intangibles<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 112,399<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 113,032<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,380<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average tangible stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 365,540<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 369,105<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 277,129<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 277,582<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 263,807<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Return on average tangible stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6.62<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n (4.67)<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 4.76<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.02<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.46<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core return on average tangible stockholders’ equity:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income (loss) GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 6,087<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (4,337)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,282<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,466<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,630<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: ACL provision for FNCB acquired legacy loans tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,885<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,990<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,653<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,071<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 486<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 826<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,089<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,270<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 122<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 59<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 9,988<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 16,489<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,231<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,893<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,341<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 477,939<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 482,137<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 340,499<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 340,952<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 327,187<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: average intangibles<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 112,399<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 113,032<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,370<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,380<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average tangible stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 365,540<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 369,105<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 277,129<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 277,582<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 263,807<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core return on average tangible stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10.87<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 17.77<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 6.14<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 5.64<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 6.53<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core return on average assets:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income (loss) GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 6,087<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (4,337)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,282<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,466<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,630<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: ACL provision for FNCB acquired legacy loans tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,885<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,990<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,653<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,071<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 486<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 826<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,089<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,270<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 122<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 59<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 9,988<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 16,489<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,231<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,893<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,341<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,203,459<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,291,194<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,609,066<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,676,750<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,774,388<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core return on average assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.76<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 1.24<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.47<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.43<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.46<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Pre-provision net revenue (PPNR) per share:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Income (Loss) before taxes (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,815<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (4,994)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,703<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,944<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,217<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Provision for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,369<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 130<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 596<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 708<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,669<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Provision for credit losses on unfunded commitments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 452<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (785)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (197)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 487<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (2)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n PPNR (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 9,636<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 8,679<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,102<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,139<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,884<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average common shares outstanding-diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,051,337<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,044,449<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,114,115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,102,112<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,091,015<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n PPNR per share (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.96<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.86<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.58<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.72<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.83<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core pre-provision net revenue (PPNR) per share:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Income (Loss) before taxes (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,815<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n (4,994)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,703<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3,944<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4,217<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,990<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 9,653<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,071<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 486<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 826<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Provision for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,369<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 130<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 596<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 708<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,669<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Provision for credit losses on unfunded commitments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 452<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (785)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (197)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 487<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (2)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core PPNR (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 14,626<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 18,332<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,173<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5,625<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 6,710<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average common shares outstanding-diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,051,337<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10,044,449<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,114,115<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,102,112<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,091,015<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core PPNR per share (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1.46<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 1.83<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.73<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.79<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 0.95<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
      \n\n\n
      \n

      \n (1) Current quarter tax adjustments use a rate of 21.8%, prior quarters use the effective tax rate for the quarter.\u00a0<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Reconciliation of Non-GAAP Financial Measures (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands, except share and per share data)<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n Dec\u00a031<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Twelve months ended<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2024<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 2023<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core net income per share:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 8,498<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 27,380<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: ACL provision for FNCB acquired legacy loans tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,126<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Gain on sale of available for sale securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 81<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Gain on sale of available for sale securities tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 17<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 16,200<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,816<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,534<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 278<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 32,365<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 28,854<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average common shares outstanding – diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,586,035<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,151,471<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income per share<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3.77<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4.03<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core return on average stockholders’ equity:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 8,498<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 27,380<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: ACL provision for FNCB acquired legacy loans tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,126<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Gain on sale of available for sale securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 81<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Gain on sale of available for sale securities tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 17<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 16,200<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,816<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,534<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 278<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 32,365<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 28,854<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 410,762<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 329,223<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core return on average stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7.88<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 8.76<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Return on average tangible stockholders’ equity:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 8,498<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 27,380<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 410,762<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 329,223<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: average intangibles<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 88,043<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,406<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average tangible stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 322,719<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 265,817<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Return on average tangible stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2.63<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 10.30<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core return on average tangible stockholders’ equity:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 8,498<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 27,380<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: ACL provision for FNCB acquired legacy loans tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,126<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Gain on sale of available for sale securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 81<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Gain on sale of available for sale securities tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 17<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 16,200<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,816<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,534<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 278<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 32,365<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 28,854<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 410,762<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 329,223<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: average intangibles<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 88,043<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,406<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average tangible stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 322,719<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 265,817<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core return on average tangible stockholders’ equity<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 10.03<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 10.85<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core return on average assets:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net income GAAP<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 8,498<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 27,380<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Adjustments:<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: ACL provision for FNCB acquired legacy loans tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,126<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Gain on sale of available for sale securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 81<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Gain on sale of available for sale securities tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

      \n 17<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 16,200<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,816<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses tax adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,534<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 278<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core net income<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 32,365<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 28,854<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,493,614<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,683,215<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core return on average assets<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 0.72<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 0.78<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Pre-provision net revenue (PPNR) per share:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Income before taxes (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 8,468<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 32,501<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Provision for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,803<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 566<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Provision for credit losses on unfunded commitments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (43)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (2)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n PPNR (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 27,556<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 33,065<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average common shares outstanding-diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,586,035<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,151,471<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n PPNR per share (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 3.21<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4.62<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n
      \n Core pre-provision net revenue (PPNR) per share:<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Income before taxes (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 8,468<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 32,501<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: ACL provision for FNCB acquired legacy loans<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,328<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 16,200<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,816<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Provision for credit losses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,803<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 566<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Add: Provision for credit losses on unfunded commitments<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (43)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (2)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core PPNR (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 43,756<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 34,881<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Average common shares outstanding-diluted<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 8,586,035<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 7,151,471<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Core PPNR per share (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 5.10<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 4.88<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
      \n\n\n
      \n

      \n (1) Above tax adjustments use a rate of 21.8% and 15.3% for 2024 and 2023, respectively.\u00a0<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n
      \n Peoples Financial Services Corp.<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n Reconciliation of Non-GAAP Financial Measures (Unaudited)<\/b>
      \n <\/span>\n <\/p>\n

      \n
      \n (In thousands, except share and per share data)
      \u00a0<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n The following tables reconcile the non-GAAP financial measures of FTE net interest income for the three and twelve months ended December 31, 2024 and 2023:<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n

      \n Three months ended December 31<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n 2024<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n 2023<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest income (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 65,803<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 40,072<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Adjustment to FTE<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 701<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 477<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest income adjusted to FTE (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 66,504<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 40,549<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 27,292<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19,803<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest income adjusted to FTE (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 39,212<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 20,746<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Twelve months ended December 31<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n 2024<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n 2023<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest income (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 211,460<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 149,851<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Adjustment to FTE<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,367<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,917<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest income adjusted to FTE (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 213,827<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 151,768<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Interest expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 95,471<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63,097<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n

      \n Net interest income adjusted to FTE (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 118,356<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 88,671<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n

      \n The efficiency ratio is noninterest expenses, less amortization of intangible assets and acquisition related costs, as a percentage of FTE net interest income plus noninterest income. The following tables reconcile the non-GAAP financial measures of the efficiency ratio to GAAP for the three and twelve months ended December 31, 2024 and 2023:<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n<\/tr>\n
      \n

      \n Three months ended December 31<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n 2024<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n 2023<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Efficiency ratio (non-GAAP):<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Noninterest expense (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 34,998<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 17,598<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Amortization of intangible assets expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,702<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 19<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 4,990<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 826<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Noninterest expense (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 28,306<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 16,753<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net interest income (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 38,511<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 20,269<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Plus: Taxable equivalent adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 701<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 477<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Noninterest income (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 5,671<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,215<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Net (losses) gains on equity securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (23)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 6<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Net interest income (FTE) plus noninterest income (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 44,906<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 23,955<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Efficiency ratio (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63.03<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 69.94<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Twelve months ended December 31<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n 2024<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n
      \n 2023<\/b>
      \n <\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Efficiency ratio (non-GAAP):<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Noninterest expense (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 106,726<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 67,820<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Amortization of intangible assets expense<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 3,367<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 105<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Acquisition related expenses<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 16,200<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,816<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Noninterest expense\u00a0 (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 87,159<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 65,899<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
      \n

      \n Net interest income (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 115,989<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 86,754<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Plus: Taxable equivalent adjustment<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 2,367<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1,917<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Noninterest income (GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 18,336<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 14,133<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Net gains (losses) on equity securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 132<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n (11)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Less: Gains on sale of available for sale securities<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 1<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 81<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Net interest income (FTE) plus noninterest income (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 136,559<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n $<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n 102,734<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n<\/tr>\n
      \n

      \n Efficiency ratio (non-GAAP)<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n \n <\/td>\n\n

      \n 63.83<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n

      		\n \n <\/td>\n\n

      \n 64.15<\/span>\n <\/p>\n<\/td>\n

      		\n

      \n %<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

      \u00a0<\/p>\n

      \u00a0<\/p>\n

      \u00a0<\/p>\n

      \n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings-302370756.html<\/a><\/p>\n

      SOURCE Peoples Financial Services Corp.<\/p>\n<\/p><\/div>\n

      \"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

      PR Newswire SCRANTON, Pa. , Feb. 6, 2025 \/PRNewswire\/ — Peoples Financial Services Corp. (“Peoples” or the “Company”) (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three and twelve months ended December 31, 2024. Peoples reported net income of $6.1 million, or $0.61 per diluted share for the three months ended December 31, 2024, compared to a net loss of $4.3 million, or $0.43 per diluted share for the three months ended September 30, 2024. Quarterly net income increased primarily due to lower provisions for credit losses and noninterest expenses, which offset reduced net interest income. On July 1, 2024, Peoples consummated the merger of FNCB … <\/p>\n

      Continue reading “PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-810311","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SCRANTON, Pa. , Feb. 6, 2025 \/PRNewswire\/ — Peoples Financial Services Corp. (“Peoples” or the “Company”) (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three and twelve months ended December 31, 2024. Peoples reported net income of $6.1 million, or $0.61 per diluted share for the three months ended December 31, 2024, compared to a net loss of $4.3 million, or $0.43 per diluted share for the three months ended September 30, 2024. Quarterly net income increased primarily due to lower provisions for credit losses and noninterest expenses, which offset reduced net interest income. On July 1, 2024, Peoples consummated the merger of FNCB … Continue reading "PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-06T23:20:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/327528\/peoples_financial_services_corp__logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"36 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings\",\"datePublished\":\"2025-02-06T23:20:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/\"},\"wordCount\":7219,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/327528\\\/peoples_financial_services_corp__logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/\",\"name\":\"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/327528\\\/peoples_financial_services_corp__logo.jpg\",\"datePublished\":\"2025-02-06T23:20:38+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/327528\\\/peoples_financial_services_corp__logo.jpg\",\"contentUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/327528\\\/peoples_financial_services_corp__logo.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/","og_locale":"en_US","og_type":"article","og_title":"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings - Market Newsdesk","og_description":"PR Newswire SCRANTON, Pa. , Feb. 6, 2025 \/PRNewswire\/ — Peoples Financial Services Corp. (“Peoples” or the “Company”) (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three and twelve months ended December 31, 2024. Peoples reported net income of $6.1 million, or $0.61 per diluted share for the three months ended December 31, 2024, compared to a net loss of $4.3 million, or $0.43 per diluted share for the three months ended September 30, 2024. Quarterly net income increased primarily due to lower provisions for credit losses and noninterest expenses, which offset reduced net interest income. On July 1, 2024, Peoples consummated the merger of FNCB … Continue reading \"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-06T23:20:38+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/327528\/peoples_financial_services_corp__logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"36 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings","datePublished":"2025-02-06T23:20:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/"},"wordCount":7219,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/327528\/peoples_financial_services_corp__logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/","name":"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/327528\/peoples_financial_services_corp__logo.jpg","datePublished":"2025-02-06T23:20:38+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/#primaryimage","url":"https:\/\/mma.prnewswire.com\/media\/327528\/peoples_financial_services_corp__logo.jpg","contentUrl":"https:\/\/mma.prnewswire.com\/media\/327528\/peoples_financial_services_corp__logo.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/peoples-financial-services-corp-reports-unaudited-fourth-quarter-and-year-to-date-2024-earnings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2024 Earnings"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/810311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=810311"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/810311\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=810311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=810311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=810311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}