THE PEOPLES BANK (GA)

THE PEOPLES BANK (GA) is headquartered in Willacoochee and is the 207^th largest bank in the state of Georgia. It is also the 5,921^st largest bank in the nation. It was established in 1948 and as of March of 2012, it had grown to 25 employees at 2 locations. THE PEOPLES BANK (GA)'s CD rates are 11% higher than the national average, and it boasts a 5-star health rating.

THE PEOPLES BANK (GA) Checking Account Rates

THE PEOPLES BANK (GA) Savings Account Rates

THE PEOPLES BANK (GA) Money Market Rates

THE PEOPLES BANK (GA) CD Rates

THE PEOPLES BANK (GA) IRA Rates

Data for Q1 2012

Institution Statistics THE PEOPLES BANK FDIC Certificate # 17073 BankRate Report View Year Established 1948 Employees 25 Primary Regulator FDIC Assets and Liabilities Assets $65.23 million Loans $29.25 million Deposits $57.78 million Equity Capital $7.35 million Loan Loss Allowance $243,000 Unbacked Noncurrent Loans $79,000 Real Estate Owned $327,000 Historic Data - March 2011 Assets $64.09 million Equity Capital $6.93 million Loan Loss Allowance $240,000 Unbacked Noncurrent Loans $36,000 Real Estate Owned $327,000 Profit Margin - Quarterly Net Interest Margin 3.96% Return on Assets 1.21% Return on Equity 10.88% Interest Income $604,000

Institution Health Overall Score: 5 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 THE PEOPLES BANK (GA) had $406,000 in non-current loans and owned real-estate with $7.59 million in equity and loan loss allowances on hand to cover it. This gives THE PEOPLES BANK (GA) a Texas Ratio of 5.35% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for THE PEOPLES BANK (GA) held steady from 5.06% as of March 31, 2011 to 5.35% as of March 31, 2012, resulting in a negative change of 5.60%. This indicates that the balance sheet and financial strength for THE PEOPLES BANK (GA) has held steady in recent periods. Deposit Growth In the past year, THE PEOPLES BANK (GA) has increased its total deposits by $719,000, resulting in 1.26% 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 THE PEOPLES BANK (GA) 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. THE PEOPLES BANK (GA) has $65.23 million in assets with $7.59 million in equity, resulting in a capitalization level of 11.64%, which is above average.

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