The Peoples Bank (SC) is headquartered in IVA and is the 26th largest bank in the state of South Carolina. It is also the 2,022nd largest bank in the nation. It was established in 1951 and as of June of 2023, it had grown to 79 employees at 7 locations. The Peoples Bank (SC) has a B+ 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 Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16968 |
| Year Established | 1951 |
| Employees | 79 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.74% |
| Return on Equity - YTD | 22.52% |
| Annual Interest Income | $7.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $405.5MM$415.3MM |
| Loans | Q2 2023vs Q2 2022 | $198.7MM$178.3MM |
| Deposits | Q2 2023vs Q2 2022 | $370.0MM$384.4MM |
| Equity Capital | Q2 2023vs Q2 2022 | $33.4MM$29.4MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $2.6MM$2.3MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $411.00K$114.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |