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<SEC-DOCUMENT>0001056943-10-000010.txt : 20100401
<SEC-HEADER>0001056943-10-000010.hdr.sgml : 20100401
<ACCEPTANCE-DATETIME>20100401150039
ACCESSION NUMBER:		0001056943-10-000010
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100331
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100401
DATE AS OF CHANGE:		20100401

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEOPLES FINANCIAL SERVICES CORP.
		CENTRAL INDEX KEY:			0001056943
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				232391852
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23863
		FILM NUMBER:		10723608

	BUSINESS ADDRESS:	
		STREET 1:		82 FRANKLIN AVENUE
		CITY:			HALLSTEAD
		STATE:			PA
		ZIP:			18822
		BUSINESS PHONE:		5708792175

	MAIL ADDRESS:	
		STREET 1:		82 FRANKLIN AVENUE
		CITY:			HALLSTEAD
		STATE:			PA
		ZIP:			18822

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PEOPLES FINANCIAL SERVICES CORP/
		DATE OF NAME CHANGE:	19980303
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8-k.htm
<DESCRIPTION>PFIS 8K REGARDING DIVIDEND DECLARATION
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Date of Report &#8211; April 1, 2010</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">99: Press Release of Peoples Financial Services Corp., dated April 1, 2010 regarding Dividend Declaration.</font></div>
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<TYPE>EX-99
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<DESCRIPTION>PFIS PRESS RELEASE REGARDING DIVIDEND DECLARATION
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Exhibit 99</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">PRESS RELEASE &#8211; April 1, 2010</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Peoples Financial Services Corp (PFIS) Increased Quarterly Dividend by 5.26%</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On April 1, 2010, the Board of Directors of Peoples Financial Services Corp (PFIS), parent company of Peoples National Bank, Hallstead, PA, declared a dividend of $.20 per share, an increase of $.01 or 5.26% over the prior year.&#160;&#160;The dividend is payable on May 14, 2010 to shareholders of record as of April 30, 2010.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">William E. Aubrey II, Chairman of the Board, stated that the Bank has experienced strong growth in earnings the past year and that the favorable trend is anticipated to continue in 2010.&#160;&#160;The Bank is well-capitalized and experienced a 66.14% increase in earnings in 2009 compared to 2008.&#160;&#160;Peoples National Bank has paid regular dividends since its inception in 1905.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Alan Dakey, President and CEO of Peoples National Bank, expressed that the increase in dividends demonstrates the strength of the Bank and the commitment of the Bank to reward its shareholders.&#160;&#160;While many banks experienced significant challenges in 2009, PFIS attained the second highest earnings level in the history of the Bank.&#160;&#160;Mr. Dakey expressed that many investors are placing greater emphasis on dividends and the current annual dividend yield on PFIS shares of 3.61% based on the most recent share price of $22.15, provides an attractive return to shareholders.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Peoples National Bank, an independent community bank, operates eight offices in Susquehanna, Wyoming and Lackawanna Counties, as well as three offices in Broome County, NY.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Additional investor information concerning PFIS is available at www.peoplesnatbank.com/investors</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Peoples Financial Services Corp., Hallstead Pennsylvania, is the parent company of <font style="FONT-STYLE: italic; DISPLAY: inline">Peoples National Bank</font>, an independent community bank with eleven community offices.&#160;&#160;The community office locations are:&#160;&#160;Hallstead, Hop Bottom, Susquehanna, and Montrose, in Susquehanna County, Pennsylvania; Nicholson, Tunkhannock and Meshoppen, in Wyoming County, Pennsylvania; Glenburn in Lackawanna County, Pennsylvania; and Conklin, Deposit, and Binghamton, in Broome County, New York, <font style="FONT-STYLE: italic; DISPLAY: inline">Peoples Advisors, LLC, </font>a member-managed limited liability company for the purpose of providing investment advisory services to the general public, and <font style="FONT-STYLE: italic; DISPLAY: inline">Peoples Financial Capital Corporation<
/font> which main activities are the maintenance and management of intangible investments and the collection and distribution of the income from such investments.</font></div>

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