Peoples Financial Corporation
Climate Impact & Sustainability Data (2015)
Reporting Period: 2015
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Managing the net interest margin in the Company’s highly competitive market
- Monitoring asset quality, estimating potential losses in our loan portfolio and addressing non-performing loans continue to be emphasized as the local economy has negatively impacted collateral values and borrowers’ ability to repay their loans.
Mitigation Strategies
- The Company is working diligently to address and reduce its nonperforming assets, and some stability in collateral values has occurred.
- Monitoring asset quality, estimating potential losses in our loan portfolio and addressing non-performing loans continue to be emphasized