Planters Bank, Inc.

Overview / Commentary

www.plantersbankonline.com

270-886-9030

1312 South Main Street
Hopkinsville, KY 42240

Planters Bank, Inc. is headquartered in HOPKINSVILLE and is the 9^th largest bank in the state of Kentucky. It is also the 626^th largest bank in the nation. It was established in 1996 and as of June of 2024, it had grown to 181 employees at 13 locations. Planters Bank, Inc.'s money market rates are 13X the national average, and it has an A health rating.

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Health

Data as of Q2 2024

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Health Grade Components

Overall
FDIC Certificate #	34254
Year Established	1996
Employees	181
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.78%
Return on Equity - YTD	7.58%
Annual Interest Income	$50.5MM

Assets and Liabilities
Assets	Q2 2024vs Q2 2023	$1.83B$1.69B
Loans	Q2 2024vs Q2 2023	$1.51B$1.37B
Deposits	Q2 2024vs Q2 2023	$1.53B$1.4B
Equity Capital	Q2 2024vs Q2 2023	$187.7MM$172MM
Loan Loss Allowance	Q2 2024vs Q2 2023	$17.8MM$18MM
Unbacked Noncurrent Loans	Q2 2024vs Q2 2023	$5MM$1.2MM
Real Estate Owned	Q2 2024vs Q2 2023	$3.8MM$50K

Rates

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Money Market
CD

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Planters Bank, Inc. Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
5.65%^*	$1m^*	-	Go 2 Rate Money Market
OTHER TIERS: 4.08% → $25k - $50k \| 4.34% → $50k - $150k \| 4.60% → $150k - $250k \| 5.13% → $250k - $1m
5.65%^*	$1m^*	-	Business Go 2 Rate Money Market
OTHER TIERS: 4.08% → $25k - $50k \| 4.34% → $50k - $150k \| 4.60% → $150k - $250k \| 5.13% → $250k - $1m

Planters Bank, Inc. CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
5.13%	$2.5k	-	4 Month No Penalty CD Special
5.13%	$2.5k	-	Business 4 Month No Penalty CD Special

Locations

Availability

Nashville Area

Nashville Area bank & credit union details

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