Peoples Bank (TN)

Overview / Commentary
129 Main St.
Clifton, TN 38425

Peoples Bank (TN) is headquartered in Clifton and is the 74th largest bank in the state of Tennessee. It is also the 2,558th largest bank in the nation. It was established in 1890 and as of June of 2022, it had grown to 58 employees at 3 locations. Peoples Bank (TN) has an A health rating.


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Health Grade Components

FDIC Certificate #9489
Year Established1890
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.35%
Return on Equity - YTD14.75%
Annual Interest Income$6.5MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$285.9MM$246.7MM
LoansQ2 2022vs Q2 2021$217.1MM$172.1MM
DepositsQ2 2022vs Q2 2021$254.1MM$221.4MM
Equity CapitalQ2 2022vs Q2 2021$25.3MM$23.5MM
Loan Loss AllowanceQ2 2022vs Q2 2021$3.0MM$2.5MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.3MM$694.00K
Real Estate OwnedQ2 2022vs Q2 2021$727.00K$2.8MM
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Peoples Bank (TN) Savings Account Rates

0.50%*-$20kKasasa Saver
OTHER TIERS: 0.29% $20k+

Peoples Bank (TN) Checking Account Rates

3.00%*-$20kKasasa Cash Checking
OTHER TIERS: 0.63% $20k+

Peoples Bank (TN) Locations
Peoples Bank129 Main StClifton, TN 38425
Waynesboro Branch210 Dexter Woods BoulevardWaynesboro, TN 38485
Hohenwald Branch526 E Main StHohenwald, TN 38462
Peoples Bank Branch703 Highway 13 SouthCollinwood, TN 38450

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