Peoples Bank


160 E. Maud Avenue
Mendenhall, MS 39114
See all branch locations →

Peoples Bank
Notable Rates APY Vs.Others
Savings 0.11% 0.91% →
1-Year CD 0.25% 0.85% →
2-Year CD 0.35% 0.95% →
5-Year CD 0.75% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Peoples Bank is an FDIC insured institution located in Mendenhall, MS. It was founded in 1908 and has approximately $0.31 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 9366
Date Established 1908
Assets $ 312.52 million
Loans $ 239.18 million
Deposits $ 275.42 million
Capital $ 33.38 million

For a more detailed analysis of Peoples Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 26, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.11% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.31% $25,000 $29,999 Learn More
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.30% $10,000 $14,999 Learn More
18 Mo CD
0.30% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.35% $100,000 $199,999 Learn More
30 Mo CD
0.35% $10,000 $14,999 Learn More
30 Mo CD
0.35% $100,000 $199,999 Learn More
36 Mo CD
0.45% $10,000 $14,999 Learn More
36 Mo CD
0.45% $100,000 $199,999 Learn More
48 Mo CD
0.60% $10,000 $14,999 Learn More
48 Mo CD
0.60% $100,000 $199,999 Learn More
60 Mo CD
0.75% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Bank Online Offers


Loan Rates - November 26, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Peoples Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
First Internet Bank
NMLS ID: 424182
2.566% 2.500% 0.88 $2,170 $988 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.589% 2.500% 1.00 $2,915 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Peoples Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Peoples Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Peoples Bank Locations

Financial Details

Peoples Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Peoples Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Peoples Bank U.S. Bank Average
40.13% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Peoples Bank had $11,671,000 in non-current loans and $2,971,000 in owned real estate. To cover these potential losses it had $33,379,000 in equity and $3,107,000 in loans loss reserves. That gives it a Texas Ratio of 40.13%.

Return on Equity
Peoples Bank U.S. Bank Average
18.41% 7.80%

Peoples Bank has a Return on Equity of 18.41% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Peoples Bank U.S. Bank Average
10.68% 12.68%

Peoples Bank has a Capitalization of 10.68% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Peoples Bank Balance Sheet Analysis

As of March 31, 2020, Peoples Bank had assets of $312,516,000, loans of $239,179,000, and deposits of $275,420,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
Cash & Balances due from depository institutions $ 25.55 million
Interest-bearing balances $ 17.92 million
Total securities $ 32.63 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 239.18 million
Loan loss allowance $ 3.11 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.97 million
Goodwill and other intangibles N.A.
All other assets $ 9.51 million
     Total Assets $ 279.14 million
Total deposits $ 275.42 million
      Interest-bearing deposits $ 232.43 million
      Deposits held in domestic offices $ 275.42 million
      % insured (estimated) 84.73%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.87 million
Subordinated debt N.A.
All other liabilities $ 0.85 million
      Total Liabilities $ 279.14 million
      Shareholders’ Equity $ 33.38 million

Summary Income Statement

March 31, 2020
Total Interest Income $ 4.43 million
Total Interest Expense $ 0.86 million
Net interest income $ 3.57 million
Provision for loan and lease losses $ 0.15 million
Total non interest income $ 1.82 million
Total non interest expense $ 3.74 million
Pre-tax Net Operating Income $ 1.50 million

Bank Loan Profile?

The top three loan types in Peoples Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Peoples Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 20.30
Credit Card Loans 0.00
Consumer Auto Loans 1.11
Small Business Loans 0.00
Construction and Development Loans 3.79
Commercial Real Estate 29.12
Commercial and Industrial Loans 13.68
Farm Loans 4.54

Frequently Asked Questions About Peoples Bank

Branches and Savings

Is Peoples Bank FDIC insured?

Yes. It is covered under FDIC Certificate #9366.

Why does Peoples Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Peoples Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Peoples Bank a commercial bank?


Where are Peoples Bank locations?

See branch locations nearby.

Is Peoples Bank open on Saturdays?

Is Peoples Bank open on Sundays?

What time does Peoples Bank open?

What time does Peoples Bank close?

Are Peoples Bank ATMs Open 24/7?

Do Peoples Bank ATMs accept cash deposits?

Can Peoples Bank customers use other ATMs?

Do Peoples Bank branches have notaries?

Will Peoples Bank notarize my document?

What address for Peoples Bank should I put for incoming ACH transfers?

Will the Peoples Bank branch print checks?

Do Peoples Bank checks expire?

Does Peoples Bank require US citizenship to open account?

Can Peoples Bank close my account?

Does Peoples Bank Report to credit bureaus?

Does Peoples Bank Use Equifax?

What is Peoples Bank's ACH Routing Number?

What is Peoples Bank's SWIFT code?


Does Peoples Bank offer mortgages?

Compare mortgage rates here.

Does Peoples Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Peoples Bank offer personal loans?

Compare personal loan rates here.

Does Peoples Bank offer student loans?

Will Peoples Bank cash a check?

Will Peoples Bank redeem a savings bond?

Does Peoples Bank cash savings bonds?

Will Peoples Bank cash money orders?

Can Peoples Bank issue a money order?

Does Peoples Bank do currency exchange?

Background on The Bank

Who owns Peoples Bank?

How long has Peoples Bank been around?

Can Peoples Bank transfer to other banks?

Does Peoples Bank have quick pay?

Does Peoples Bank accept rolled coins?

Will Peoples Bank accept loose change?

Where is Peoples Bank headquarters?

Customer Reviews for Peoples Bank

There are currently no comments for Peoples Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →

*Should any logos, images or public notes appear on this page,they do so courtesy of Peoples Bank and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.