PeopleFirst Bank

3100 Theodore St.
Joliet, IL 60435
(815) 207-6200
www.peoplefirstbank.com

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PeopleFirst Bank is headquartered in Joliet and is the 319^st largest bank in the state of Illinois. It is also the 4,666^th largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 25 employees at 2 locations. PeopleFirst Bank's savings rates are 44% higher than the national average, and it has a 4-star health rating.

PeopleFirst Bank Routing Number: 071926692

2.75% 13-Month CD at PeopleFirst Bank in Illinois - Local Only - 5/15/2009

PeopleFirst Bank is having a grand opening special with a 2.75% APY 13-month CD. Minimum deposit is $2,500. This is listed at the bottom of the bank's CD rate table as of 5/15/09.It appears that a branch visit is required to open an account. Branches are...

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See Rates for: Checking | Savings | Money Market | CD

PeopleFirst Bank Checking Account Rates

Apy	Min	Max	Product
1.50%	-	$25k	Platinum Rewards Checking
0.20%	$50k	-	Interest Checking

PeopleFirst Bank Savings Account Rates

Apy	Min	Max	Product
0.75%	-	$50k	Target Savings - Qualifying
0.20%	$500	-	Personal Statement Savings
0.20%	$500	-	Business Statement Savings
0.20%	$100	-	Minor Savings
0.15%	-	-	Target Savings - Non Qualifying

PeopleFirst Bank Money Market Rates

Apy	Min	Max	Product
0.45%	$250k	-	Business Money Market Account
0.45%	$250k	-	Personal Money Market Account

PeopleFirst Bank CD Rates

Apy	Min	Max	Product
1.25%	$100k	-	5 Year CD
1.00%	$100k	-	3 Year CD
0.80%	$100k	-	2 Year CD
0.65%	$100k	-	1 Year CD
0.35%	$100k	-	6 Month CD
0.20%	$2,500	-	3 Month CD
0.10%	$2,500	-	30 - 89 Day CD

Rates updated: 5/26/2012

Data for Q1 2012

Institution Statistics

PeopleFirst Bank
FDIC Certificate #	58597
BankRate Report	View
Year Established	2007
Employees	25
Primary Regulator	FDIC
Assets and Liabilities
Assets	$112.05 million
Loans	$61.02 million
Deposits	$94.88 million
Equity Capital	$14.91 million
Loan Loss Allowance	$1.25 million
Unbacked Noncurrent Loans	$1.58 million
Historic Data - March 2011
Assets	$107.71 million
Equity Capital	$13.83 million
Loan Loss Allowance	$1.13 million
Unbacked Noncurrent Loans	$455,000
Profit Margin - Quarterly
Net Interest Margin	3.57%
Return on Assets	-0.13%
Return on Equity	-0.97%
Interest Income	$1.17 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 PeopleFirst Bank had $1.58 million in non-current loans and owned real-estate with $16.16 million in equity and loan loss allowances on hand to cover it. This gives PeopleFirst Bank a Texas Ratio of 9.78% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for PeopleFirst Bank increased slightly from 3.04% as of March 31, 2011 to 9.78% as of March 31, 2012, resulting in a negative change of 221.26%. This indicates that the balance sheet and financial strength for PeopleFirst Bank has declined slightly in recent periods.
Deposit Growth
In the past year, PeopleFirst Bank has increased its total deposits by $3.23 million, resulting in 3.53% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth PeopleFirst Bank has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. PeopleFirst Bank has $112.05 million in assets with $16.16 million in equity, resulting in a capitalization level of 14.43%, which is excellent.