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    Peoples Financial Services Corp. filed SEC Form 8-K: Other Events

    5/30/25 8:36:35 AM ET
    $PFIS
    Major Banks
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    Get the next $PFIS alert in real time by email
    false 0001056943 0001056943 2025-05-29 2025-05-29 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of Report: May 29, 2025

    (Date of earliest event reported)

     

    PEOPLES FINANCIAL SERVICES CORP.

    (Exact name of registrant as specified in its Charter)

     

    PA   001-36388   23-2391852
    (State or other jurisdiction   (Commission file number)   (IRS Employer
    of incorporation)       Identification No.)

     

    102 E. Drinker Street, Dunmore, PA 18512

    (Address of Principal Executive Offices) (Zip Code)

     

    (570) 346-7741

    (Registrant’s telephone number, including area code)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

     

    ¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on which registered
    Common Stock, $2.00 par value   PFIS   The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).              Emerging growth company ¨

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

     

     

     

     

     

    Item 8.01Other Events.

     

    On May 29, 2025, Peoples Financial Services Corp. gave notice of the voluntary redemption of all $33,000,000 in principal amount of its 5.375% Fixed to Floating Subordinated Notes Due 2030 (the “Subordinated Notes”), to be redeemed as of June 30, 2025. The redemption is permitted under the optional redemption provisions of the Subordinated Notes and, following the redemption, no principal amount will remain outstanding related to these Subordinated Notes.

     

     

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      PEOPLES FINANCIAL SERVICES CORP.
       
      By: /s/ Gerard A. Champi
        Gerard A. Champi
        Chief Executive Officer
        (Principal Executive Officer)

     

    Dated: May 30, 2025

     

     

     

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