PFS Bancorp, Inc. filings document governance and capital actions for the public holding company of Peru Federal Savings Bank. Definitive proxy materials cover annual meeting procedures, director elections, auditor ratification and stockholder voting mechanics.
Form 8-K disclosures record material corporate events such as common-stock repurchase authorizations and related press-release exhibits. The filing record also identifies the company’s Maryland corporate status, OTC public-company reporting context, capital allocation actions and board-level governance matters.
PFS Bancorp, Inc. reported net income of $318 thousand for the three months ended March 31, 2026, up from $285 thousand a year earlier. Basic and diluted earnings per share were $0.21, compared with $0.18 in the prior-year quarter.
Net interest income rose to $1,489 thousand, while the provision for credit losses was modest at $15 thousand. Noninterest income was $164 thousand and noninterest expense increased to $1,244 thousand. Comprehensive income fell to $59 thousand, mainly due to unrealized losses on available-for-sale securities.
Total assets were $210.7M and deposits were $170.1M as of March 31, 2026. The bank remained strongly capitalized, with a leverage ratio of 16.1% and a total capital ratio of 33.5%, comfortably above well-capitalized regulatory thresholds.
PFS Bancorp, Inc. is holding its 2026 annual stockholder meeting on May 21, 2026 at 3:00 p.m. local time at Peru Federal Savings Bank’s main office in Peru, Illinois. Stockholders of record at the close of business on March 31, 2026, when 1,589,393 common shares were outstanding, may vote.
Stockholders will elect two directors for three-year terms and vote on ratifying Wipfli LLP as independent registered public accounting firm for the year ending December 31, 2026. The board recommends voting in favor of all director nominees and the auditor ratification.
The proxy describes a six‑member board, a majority of whom are independent under Nasdaq standards, and fully independent Audit, Compensation, and Nominating and Corporate Governance Committees. It also outlines director and executive pay programs, including stock awards, stock options, an ESOP, a 401(k) plan, deferred compensation, and change‑in‑control employment protections for senior executives.
PFS Bancorp, Inc. reported a Schedule 13G filing showing Raymond James Financial Services Advisors, Inc. beneficially owns 130,665 shares of Common Shares. The filing states this equals 8.1% of the class as of 03/31/2026, with sole dispositive power over those shares and no sole or shared voting power. The form is signed by an Operations Manager on 04/07/2026.
PFS Bancorp, Inc. files its annual report, outlining the balance sheet, lending mix, funding, and regulatory framework for its Peru, Illinois-based thrift.
At December 31, 2025, the company reported $207.0 million in assets, $108.9 million in loans, $166.5 million in deposits, and $39.0 million in stockholders’ equity. The loan book is concentrated in one- to four-family mortgages at $65.8 million (60.1% of loans), with commercial real estate at $26.7 million (24.3%), and smaller exposures to commercial, home equity, consumer, and construction lending.
Credit quality metrics remain conservative, with non-performing assets of $245,000, equal to 0.37% of total assets, and an allowance for credit losses of $842,000, or 0.77% of loans. Deposits are diversified across noninterest demand, savings, money market, and time deposits, including $18.6 million in uninsured deposits, while the bank carries no FHLB or correspondent bank borrowings but has substantial borrowing capacity. The filing also describes detailed underwriting standards, risk management, capital and liquidity positions, and the extensive federal and state regulatory regime governing the bank and its holding company.
PFS Bancorp, Inc. received an amended Schedule 13G from the Peru Federal Savings Bank Employee Stock Ownership Plan Trust, reporting a significant ownership position in its common stock. The trust beneficially owns 138,000 shares, representing 8.6% of the outstanding common stock.
The trust has sole voting power over 121,440 shares and shared voting power over 16,560 shares, with sole dispositive power over all 138,000 shares. The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of PFS Bancorp.
PFS Bancorp, Inc. reported that on December 1, 2025, its board authorized additional stock repurchases for up to 155,693 shares of the company’s outstanding common stock. This authorization gives the company the ability to buy back more of its shares in the market or through other permitted methods, which can reduce the share count over time and concentrate ownership among remaining shareholders. The company directed investors to a press release dated December 3, 2025 for more details on the repurchase authorization.
PFS Bancorp, Inc. reported stronger quarterly results in its Q3 filing. Net income rose to $416 thousand from $242 thousand a year ago, and EPS increased to $0.28 from $0.15. For the nine-month period, net income was $1.139 million with EPS of $0.74, up from $0.50.
Core banking trends were constructive. Net interest income improved to $1.429 million in Q3 (from $1.241 million) as loan interest rose with a larger portfolio; loans, net, reached $108.953 million vs. $96.274 million at year-end. The provision for credit losses was $40 thousand in Q3, down from $113 thousand, and the allowance increased to $847 thousand. Noninterest income was $257 thousand (vs. $168 thousand), while expenses were held near flat at $1.112 million.
The balance sheet expanded modestly: total assets were $202.920 million (vs. $197.637 million), and deposits were $163.060 million. Accumulated other comprehensive loss improved to $(1.704) million, reflecting higher securities values. Stockholders’ equity increased to $38.289 million. The company repurchased 47,700 shares in Q3 and 109,975 year-to-date. Shares outstanding were 1,603,945 as of November 6, 2025.