PEOPLES FINANCIAL CORPORATION (NASDAQ:PFBX) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Results of Shareholder Vote
The Annual Meeting of Shareholders of Peoples Financial
Corporation was held on April26, 2017. There were 5,123,186
shares entitled to vote at the Annual Meeting. Except in the
election of directors, each share of common stock entitles the
holder thereof to one vote on each matter presented at the Annual
Meeting. In the election of directors, each shareholder may vote
his shares cumulatively by multiplying the number of shares he is
entitled to vote by the number of directors to be elected. The
matters voted upon and the results of the vote were:
(a) Election of five directors to hold office for a term of one
year:
| Approve | Disapprove | Abstain | Not Voted | Outstanding | ||||||||||||||||||||
|
Drew Allen |
3,540,978.367 | 9,319.540 | 468,770.982 | 1,104,117.111 | (1 | ) | 5,123,186.000 | |||||||||||||||||
|
Rex E. Kelly |
3,535,953.000 | 14,344.907 | 468,770.982 | 1,104,117.111 | (1 | ) | 5,123,186.000 | |||||||||||||||||
|
Dan Magruder |
3,540,978.367 | 9,319.540 | 468,770.982 | 1,104,117.111 | (1 | ) | 5,123,186.000 | |||||||||||||||||
|
Jeffrey H. OKeefe |
3,541,478.367 | 8,819.540 | 468,770.982 | 1,104,117.111 | (1 | ) | 5,123,186.000 | |||||||||||||||||
|
Chevis C. Swetman |
3,545,749.367 | 4,578.540 | 468,740.982 | 1,104,117.111 | (1 | ) | 5,123,186.000 |
| (1) | Includes 538,137 broker non-votes. |
(b) Appointment of Porter Keadle Moore, LLC as the independent
public accountants:
|
Approve |
4,170,213.907 | |||
|
Disapprove |
380,207.000 | |||
|
Abstain |
6,784.982 | |||
|
Not Voted |
565,980.111 | |||
|
Total Shares Outstanding |
5,123,186.000 | |||
(c) Transaction of other business:
|
Approve |
3,363,472.486 | |||
|
Disapprove |
529,241.000 | |||
|
Abstain |
126,355.403 | |||
|
Not Voted (1) |
1,104,117.111 | |||
|
Total Shares Outstanding |
5,123,186.000 | |||
| (1) | Includes 538,137 broker non-votes. |
About PEOPLES FINANCIAL CORPORATION (NASDAQ:PFBX)
Peoples Financial Corporation is a bank holding company, which operates in the state of Mississippi through its subsidiary, The Peoples Bank, Biloxi, Mississippi (the Bank). The Bank offers a range of services to individuals and small to middle market businesses within its trade area. The Bank’s primary lending focus is to offer business loans, commercial loans, real estate loans, construction loans, personal loans and installment loans, with an emphasis on commercial lending. Deposit services include interest bearing and non-interest bearing checking accounts, savings accounts, certificates of deposit, and individual retirement accounts (IRA) accounts. The Bank provides depository accounts to individuals; small and middle market businesses, and state, county and local government entities in its trade area at interest rates consistent with market conditions. It also offers a range of services, including wire transfer services, cash management and Internet banking. PEOPLES FINANCIAL CORPORATION (NASDAQ:PFBX) Recent Trading Information
PEOPLES FINANCIAL CORPORATION (NASDAQ:PFBX) closed its last trading session 00.00 at 14.25 with 3,194 shares trading hands.