Peoples Bank of Kentucky, Inc.

106 South Main
Flemingsburg, KY 41041

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16970
Date Established 1906
Assets $0.33 billion
Loans $0.26 billion
Deposits $0.27 billion
Capital $0.04 billion

Peoples Bank of Kentucky, Inc. is an FDIC insured institution located in Flemingsburg, KY. It was founded in 1906 and has approximately $0.33 billion in assets. Customers can open an account at one of its 8 branches.

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

Deposit Rates - August 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,501 $25,000 Learn MoreShow Less
Money Market
0.20% $25,001 $50,000 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.20% $1,000 - Learn MoreShow Less
6 Mo CD
0.20% $1,000 - Learn MoreShow Less
Special: 11 Mo CD
2.00% $1,000 - Learn MoreShow Less
12 Mo CD
0.40% $1,000 - Learn MoreShow Less
18 Mo CD
0.40% $1,000 - Learn MoreShow Less
24 Mo CD
0.85% $1,000 - Learn MoreShow Less
36 Mo CD
0.95% $1,000 - Learn MoreShow Less
60 Mo CD
2.50% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.15% $50 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,000 - Learn MoreShow Less

Loan Rates - August 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Peoples Bank of Kentucky, Inc.

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.527% 3.500% 0.38 $852 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Peoples Bank of Kentucky, Inc.
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Branches

Peoples Bank of Kentucky, Inc. 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 Kentucky, Inc. Locations


Financial Details

Peoples Bank of Kentucky, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Peoples Bank of Kentucky, Inc.. 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 Kentucky, Inc. U.S. Bank Average
13.83% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2019, Peoples Bank of Kentucky, Inc. had $4,469,000 in non-current loans and $1,131,000 in owned real estate. To cover these potential losses it had $36,907,000 in equity and $3,576,000 in loans loss reserves. That gives it a Texas Ratio of 13.83%.

Return on Equity
Peoples Bank of Kentucky, Inc. U.S. Bank Average
9.68% 9.47%

Peoples Bank of Kentucky, Inc. has a Return on Equity of 9.68% versus the BestCashCow average of 9.47%. 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 Kentucky, Inc. U.S. Bank Average
11.26% 12.49%

Peoples Bank of Kentucky, Inc. has a Capitalization of 11.26% versus the BestCashCow average of 12.49. 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 Kentucky, Inc. Balance Sheet Analysis

As of March 31, 2019, Peoples Bank of Kentucky, Inc. had assets of $327,819,000, loans of $257,260,000, and deposits of $274,853,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.02 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.26 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.29 billion
LIABILITIES
Total deposits $0.27 billion
      Interest-bearing deposits $0.25 billion
      Deposits held in domestic offices $0.27 billion
      % insured (estimated) 85.87%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.29 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

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

Compared to other banks in Kentucky, Peoples Bank of Kentucky, Inc. has a significantly higher percent of Farm 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 22.60
Multifamily
Mortgages
0.48
Credit Card Loans 0.29
Consumer Auto Loans 1.76
Small Business Loans 0.00
Construction and Development Loans 2.29
Commercial Real Estate 19.69
Commercial and Industrial Loans 9.67
Farm Loans 8.87

Frequently Asked Questions About Peoples Bank Of Kentucky, Inc.

Branches and Savings

Is Peoples Bank Of Kentucky, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #16970.

Why does Peoples Bank Of Kentucky, Inc. 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 Kentucky, Inc. CD rates not competitive?

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

Is Peoples Bank Of Kentucky, Inc. a commercial bank?

Yes

Where are Peoples Bank Of Kentucky, Inc. locations?

See branch locations nearby.

Is Peoples Bank Of Kentucky, Inc. open on Saturdays?

Is Peoples Bank Of Kentucky, Inc. open on Sundays?

What time does Peoples Bank Of Kentucky, Inc. open?

What time does Peoples Bank Of Kentucky, Inc. close?

Are Peoples Bank Of Kentucky, Inc. ATMs Open 24/7?

Do Peoples Bank Of Kentucky, Inc. ATMs accept cash deposits?

Can Peoples Bank Of Kentucky, Inc. customers use other ATMs?

Do Peoples Bank Of Kentucky, Inc. branches have notaries?

Will Peoples Bank Of Kentucky, Inc. notarize my document?

What address for Peoples Bank Of Kentucky, Inc. should I put for incoming ACH transfers?

Will the Peoples Bank Of Kentucky, Inc. branch print checks?

Do Peoples Bank Of Kentucky, Inc. checks expire?

Does Peoples Bank Of Kentucky, Inc. require US citizenship to open account?

Can Peoples Bank Of Kentucky, Inc. close my account?

Does Peoples Bank Of Kentucky, Inc. Report to credit bureaus?

Does Peoples Bank Of Kentucky, Inc. Use Equifax?

What is Peoples Bank Of Kentucky, Inc.'s ACH Routing Number?

What is Peoples Bank Of Kentucky, Inc.'s SWIFT code?

Products

Does Peoples Bank Of Kentucky, Inc. offer mortgages?

Compare mortgage rates here.

Does Peoples Bank Of Kentucky, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Peoples Bank Of Kentucky, Inc. offer personal loans?

Compare personal loan rates here.

Does Peoples Bank Of Kentucky, Inc. offer student loans?

Will Peoples Bank Of Kentucky, Inc. cash a check?

Will Peoples Bank Of Kentucky, Inc. redeem a savings bond?

Does Peoples Bank Of Kentucky, Inc. cash savings bonds?

Will Peoples Bank Of Kentucky, Inc. cash money orders?

Can Peoples Bank Of Kentucky, Inc. issue a money order?

Does Peoples Bank Of Kentucky, Inc. do currency exchange?

Background on The Bank

Who owns Peoples Bank Of Kentucky, Inc.?

How long has Peoples Bank Of Kentucky, Inc. been around?

Can Peoples Bank Of Kentucky, Inc. transfer to other banks?

Does Peoples Bank Of Kentucky, Inc. have quick pay?

Does Peoples Bank Of Kentucky, Inc. accept rolled coins?

Will Peoples Bank Of Kentucky, Inc. accept loose change?

Where is Peoples Bank Of Kentucky, Inc. headquarters?

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