Peoples Financial Corporation reported unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net interest income was $4,321,000 against $4,576,000 a year ago. Net loss was $376,000 or $0.07 per share against income of $717,000 or $0.14 per share a year ago.

For the year, the company reported net interest income was $17,468,000 against $18,436,000 a year ago. Net income was $167,000 or $0.03 per share against loss of $4,592,000 or $0.90 per share a year ago. Return on average assets was 0.02% against negative return on average assets or 0.69% a year ago. Return on average equity was 0.19% against negative return on average equity of 4.92% a year ago.

The company reported charge-offs for the fourth quarter increased to $1,987,000 compared to $206,000 for the third quarter.