The Peoples Bank (SC) is headquartered in Iva and is the 24th largest bank in the state of South Carolina. It is also the 2,037th largest bank in the nation. It was established in 1951 and as of March of 2021, it had grown to 72 employees at 7 locations. The Peoples Bank (SC) has an A health rating.
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The People's Bank
Statham is a small town that enjoys the privilege of having a small hometown bank with local home town emphasis. Everyone that banks at The People's Bank feel as if they could have been the only customer. The staff from tellers to Manager know you by name, and, if there is ever a problem the staff worked with care and concern to rectify the problem. Even though it is a small town bank it offers everything that the big town banks could offer...and more...because we are not just a number...we are friends.
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16968 |
| Year Established | 1951 |
| Employees | 72 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.85% |
| Return on Equity - YTD | 7.85% |
| Annual Interest Income | $2.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $395.4MM$305.5MM |
| Loans | Q1 2021vs Q1 2020 | $158.2MM$154.3MM |
| Deposits | Q1 2021vs Q1 2020 | $352.2MM$260.1MM |
| Equity Capital | Q1 2021vs Q1 2020 | $39.9MM$35.4MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $1.9MM$2.0MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $437.00K$1.2MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $500.00K$3.0MM |