Peoples Bank of Alabama

1912 Cherokee Avenue, Sw
Cullman, AL 35055

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 22537
Date Established 1977
Assets $0.71 billion
Loans $0.56 billion
Deposits $0.60 billion
Capital $0.07 billion

Peoples Bank of Alabama is an FDIC insured institution located in Cullman, AL. It was founded in 1977 and has approximately $0.71 billion in assets. Customers can open an account at one of its 24 branches.

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

Bank Loan Profile?

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

Compared to other banks in Alabama, Peoples Bank of Alabama has a significantly higher percent of Credit Card Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 18.47
Multifamily
Mortgages
1.82
Credit Card Loans 0.57
Consumer Auto Loans 0.65
Small Business Loans 10.79
Construction and Development Loans 7.72
Commercial Real Estate 32.85
Commercial and Industrial Loans 26.38
Farm Loans 0.59

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
6 Mo CD 10K
0.25% $1 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.30% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.10% $1,000 - Learn MoreShow Less
Checking Rates APY MIN FEE
eChecking Account 0.60% $0 $0.00 Learn MoreShow Less
eChecking Plus 0.60% $0 $0.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Peoples Bank of Alabama 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:
Ashburn,Virginia


Peoples Bank of Alabama Locations

Financial Details

Peoples Bank of Alabama Ratio Analysis

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

Texas Ratio
Peoples Bank of Alabama U.S. Bank Average
9.19% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Peoples Bank of Alabama had $2,576,000 in non-current loans and $4,593,000 in owned real estate. To cover these potential losses it had $69,811,000 in equity and $8,197,000 in loans loss reserves. That gives it a Texas Ratio of 9.19%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Peoples Bank of Alabama U.S. Bank Average
13.57% 8.58

Peoples Bank of Alabama has a Return on Equity of 13.57% versus the BestCashCow average of 8.58. 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.

Capitalization
Peoples Bank of Alabama U.S. Bank Average
9.84% 12.11

Peoples Bank of Alabama has a Capitalization of 9.84% versus the BestCashCow average of 12.11. 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 of Alabama Balance Sheet Analysis

As of June 30, 2017, Peoples Bank of Alabama had assets of $709,475,000, loans of $561,426,000, and deposits of $603,456,000. 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.

Frequently Asked Questions About Peoples Bank of Alabama

Branches and Savings

Is Peoples Bank of Alabama FDIC insured?

Yes. It is covered under FDIC Certificate #22537.

Why does Peoples Bank of Alabama 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 of Alabama CD rates not competitive?

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

Is Peoples Bank of Alabama a commercial bank?

Yes

Where are Peoples Bank of Alabama locations?

See branch locations nearby.

Is Peoples Bank of Alabama open on Saturdays?

Is Peoples Bank of Alabama open on Sundays?

What time does Peoples Bank of Alabama open?

What time does Peoples Bank of Alabama close?

Are Peoples Bank of Alabama ATMs Open 24/7?

Do Peoples Bank of Alabama ATMs accept cash deposits?

Can Peoples Bank of Alabama customers use other ATMs?

Do Peoples Bank of Alabama branches have notaries?

Will Peoples Bank of Alabama notarize my document?

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

Will the Peoples Bank of Alabama branch print checks?

Do Peoples Bank of Alabama checks expire?

Does Peoples Bank of Alabama require US citizenship to open account?

Can Peoples Bank of Alabama close my account?

Does Peoples Bank of Alabama Report to credit bureaus?

Does Peoples Bank of Alabama Use Equifax?

What is Peoples Bank of Alabama's ACH Routing Number?

What is Peoples Bank of Alabama's SWIFT code?

Products

Does Peoples Bank of Alabama offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Peoples Bank of Alabama offer personal loans?

Compare personal loan rates here.

Does Peoples Bank of Alabama offer student loans?

Will Peoples Bank of Alabama cash a check?

Will Peoples Bank of Alabama redeem a savings bond?

Does Peoples Bank of Alabama cash savings bonds?

Will Peoples Bank of Alabama cash money orders?

Can Peoples Bank of Alabama issue a money order?

Does Peoples Bank of Alabama do currency exchange?

Background on The Bank

Who owns Peoples Bank of Alabama?

How long has Peoples Bank of Alabama been around?

Can Peoples Bank of Alabama transfer to other banks?

Does Peoples Bank of Alabama have quick pay?

Does Peoples Bank of Alabama accept rolled coins?

Will Peoples Bank of Alabama accept loose change?

Where is Peoples Bank of Alabama headquarters?

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