Peoples Bank of the South (MS)

Peoples Bank of the South (MS) is headquartered in Bude and is the 75^th largest bank in the state of Mississippi. It is also the 5,526^th largest bank in the nation. It was established in 1998 and as of March of 2012, it had grown to 34 employees at 3 locations. Peoples Bank of the South (MS) has a 4-star health rating.

Data for Q1 2012

Institution Statistics Peoples Bank of the South FDIC Certificate # 34763 BankRate Report View Year Established 1998 Employees 34 Primary Regulator FDIC Assets and Liabilities Assets $78.83 million Loans $54.26 million Deposits $69.80 million Equity Capital $7.01 million Loan Loss Allowance $527,000 Unbacked Noncurrent Loans $174,000 Real Estate Owned $1.88 million Historic Data - March 2011 Assets $79.55 million Equity Capital $6.82 million Loan Loss Allowance $634,000 Unbacked Noncurrent Loans $736,000 Real Estate Owned $1.78 million Profit Margin - Quarterly Net Interest Margin 5.56% Return on Assets 0.3% Return on Equity 3.31% 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 Peoples Bank of the South (MS) had $2.05 million in non-current loans and owned real-estate with $7.54 million in equity and loan loss allowances on hand to cover it. This gives Peoples Bank of the South (MS) a Texas Ratio of 27.18% 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 the South (MS) decreased slightly from 33.78% as of March 31, 2011 to 27.18% as of March 31, 2012, resulting in a positive change of 19.55%.This indicates that the balance sheet and financial strength for Peoples Bank of the South (MS) has improved slightly in recent periods. Deposit Growth In the past year, Peoples Bank of the South (MS) has increased its total deposits by $932,000, resulting in 1.35% 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 the South (MS) 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. Peoples Bank of the South (MS) has $78.83 million in assets with $7.54 million in equity, resulting in a capitalization level of 9.56%, which is average.

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