PEOPLES BANK OF BEDFORD COUNTY

PEOPLES BANK OF BEDFORD COUNTY is headquartered in Shelbyville and is the 154^th largest bank in the state of Tennessee. It is also the 4,866^th largest bank in the nation. It was established in 2000 and as of March of 2012, it had grown to 24 employees at 1 location. PEOPLES BANK OF BEDFORD COUNTY has a 3-star health rating.

PEOPLES BANK OF BEDFORD COUNTY Routing Number: 064108605

Data for Q1 2012

Institution Statistics PEOPLES BANK OF BEDFORD COUNTY FDIC Certificate # 35604 BankRate Report View Year Established 2000 Employees 24 Primary Regulator FDIC Assets and Liabilities Assets $103.26 million Loans $66.22 million Deposits $90.77 million Equity Capital $11.43 million Loan Loss Allowance $1.20 million Unbacked Noncurrent Loans $372,000 Real Estate Owned $2.08 million Historic Data - March 2011 Assets $106.41 million Equity Capital $10.32 million Loan Loss Allowance $967,000 Unbacked Noncurrent Loans $1,000 Real Estate Owned $1.89 million Profit Margin - Quarterly Net Interest Margin 4.06% Return on Assets 0.79% Return on Equity 7.2% Interest Income $1.26 million

Institution Health Overall Score: 3 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 PEOPLES BANK OF BEDFORD COUNTY had $2.46 million in non-current loans and owned real-estate with $12.63 million in equity and loan loss allowances on hand to cover it. This gives PEOPLES BANK OF BEDFORD COUNTY a Texas Ratio of 19.44% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for PEOPLES BANK OF BEDFORD COUNTY held steady from 16.72% as of March 31, 2011 to 19.44% as of March 31, 2012, resulting in a negative change of 16.24%. This indicates that the balance sheet and financial strength for PEOPLES BANK OF BEDFORD COUNTY has held steady in recent periods. Deposit Growth In the past year, PEOPLES BANK OF BEDFORD COUNTY has decreased its total deposits by -$3.92 million, resulting in -4.14% 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 PEOPLES BANK OF BEDFORD COUNTY has shown is below 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. PEOPLES BANK OF BEDFORD COUNTY has $103.26 million in assets with $12.63 million in equity, resulting in a capitalization level of 12.23%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.