Peoples Bank of the South

Peoples Bank of the South is headquartered in La Follette and is the 123^rd largest bank in the state of Tennessee. It is also the 3,887^th largest bank in the nation. It was established in 1917 and as of December of 2012, it had grown to 46 employees at 4 locations. Peoples Bank of the South has a 3-star health rating.

Data for Q4 2012

Institution Statistics Peoples Bank of the South FDIC Certificate # 4945 BankRate Report View Year Established 1917 Employees 46 Primary Regulator FDIC Assets and Liabilities Assets $146.02 million Loans $117.31 million Deposits $125.66 million Equity Capital $19.34 million Loan Loss Allowance $2.63 million Unbacked Noncurrent Loans $4.90 million Real Estate Owned $2.25 million Historic Data - December 2011 Assets $152.35 million Equity Capital $19.25 million Loan Loss Allowance $1.91 million Unbacked Noncurrent Loans $4.79 million Real Estate Owned $2.66 million Profit Margin - Quarterly Net Interest Margin 5.02% Return on Assets 0.92% Return on Equity 7.09% Interest Income $7.51 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 December 31, 2012 Peoples Bank of the South had $7.15 million in non-current loans and owned real-estate with $21.97 million in equity and loan loss allowances on hand to cover it. This gives Peoples Bank of the South a Texas Ratio of 32.53% which is below 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 held steady from 35.19% as of December 31, 2011 to 32.53% as of December 31, 2012, resulting in a positive change of 7.56%.This indicates that the balance sheet and financial strength for Peoples Bank of the South has held steady in recent periods. Deposit Growth In the past year, Peoples Bank of the South has decreased its total deposits by -$6.36 million, resulting in -4.81% 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 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 the South has $146.02 million in assets with $21.97 million in equity, resulting in a capitalization level of 15.04%, which is excellent.