Peoples Financial Services Corp. reported a net income of $15.0 million for Q1 2025, translating to $1.49 per diluted share. The company's return on average assets (ROAA) was 1.22%, and the return on average tangible common equity (ROATCE) stood at 16.5%. The net interest margin was recorded at 3.50%, with an efficiency ratio of 55.8%. Total deposits amounted to $4.32 billion, with a total cost of deposits at 1.93%. Non-maturity deposits contributed $3.55 billion, accounting for 82.2% of total deposits, while noninterest bearing deposits were $901.4 million, representing 20.9% of total deposits. The cost of funds was reported at 2.05%. Gross loans were valued at $3.99 billion, making up 79.8% of total assets, and the loan-to-deposit ratio was 92.5%. The loan yields for the quarter increased marginally by 2 basis points to 5.92%. Asset quality metrics showed nonperforming assets at 0.47% of total assets. The company completed a merger with FNCB on July 1, 2024, which has enhanced its scale, diversified earnings, and improved liquidity. The Q1 2025 results reflect the execution of merger initiatives, including the realization of cost savings and purchase accounting accretion. No specific outlook or guidance was provided in the document.