Peoples Savings Bank

414 North Adams Street
Wellsburg, IA 50680

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 14868
Date Established 1934
Assets $0.10 billion
Loans $0.07 billion
Deposits $0.08 billion
Capital $0.01 billion

Peoples Savings Bank is an FDIC insured institution located in Wellsburg, IA. It was founded in 1934 and has approximately $0.1 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of Peoples Savings Bank'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 Savings Bank’s loan portfolio are Farm Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, Peoples Savings 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 8.32
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.69
Small Business Loans 0.00
Construction and Development Loans 0.39
Commercial Real Estate 20.95
Commercial and Industrial Loans 16.45
Farm Loans 26.38

Deposit Rates - August 17, 2018

Loan Rates - August 17, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Peoples Savings Bank

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,354 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.740% $291.47 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to Peoples Savings Bank
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Branches

Peoples Savings 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:
Ashburn,Virginia


Peoples Savings Bank Locations

Financial Details

Peoples Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Peoples Savings Bank. 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 Savings Bank U.S. Bank Average
33.44% 7.92%

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, 2018, Peoples Savings Bank had $3,080,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,428,000 in equity and $783,000 in loans loss reserves. That gives it a Texas Ratio of 33.44%.

Return on Equity
Peoples Savings Bank U.S. Bank Average
0.65% 9.35%

Peoples Savings Bank has a Return on Equity of 0.65% versus the BestCashCow average of 9.35%. 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 Savings Bank U.S. Bank Average
8.62% 12.01%

Peoples Savings Bank has a Capitalization of 8.62% versus the BestCashCow average of 12.01. 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 Savings Bank Balance Sheet Analysis

As of March 31, 2018, Peoples Savings Bank had assets of $97,823,000, loans of $68,898,000, and deposits of $78,671,000. 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

ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.07 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 $0.00 billion
     Total Assets $0.09 billion
LIABILITIES
Total deposits $0.08 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.08 billion
      % insured (estimated) 85.81%
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 $0.09 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

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

Frequently Asked Questions About Peoples Savings Bank

Branches and Savings

Is Peoples Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #14868.

Why does Peoples Savings 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 Savings Bank CD rates not competitive?

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

Is Peoples Savings Bank a commercial bank?

Yes

Where are Peoples Savings Bank locations?

See branch locations nearby.

Is Peoples Savings Bank open on Saturdays?

Is Peoples Savings Bank open on Sundays?

What time does Peoples Savings Bank open?

What time does Peoples Savings Bank close?

Are Peoples Savings Bank ATMs Open 24/7?

Do Peoples Savings Bank ATMs accept cash deposits?

Can Peoples Savings Bank customers use other ATMs?

Do Peoples Savings Bank branches have notaries?

Will Peoples Savings Bank notarize my document?

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

Will the Peoples Savings Bank branch print checks?

Do Peoples Savings Bank checks expire?

Does Peoples Savings Bank require US citizenship to open account?

Can Peoples Savings Bank close my account?

Does Peoples Savings Bank Report to credit bureaus?

Does Peoples Savings Bank Use Equifax?

What is Peoples Savings Bank's ACH Routing Number?

What is Peoples Savings Bank's SWIFT code?

Products

Does Peoples Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Peoples Savings Bank offer personal loans?

Compare personal loan rates here.

Does Peoples Savings Bank offer student loans?

Will Peoples Savings Bank cash a check?

Will Peoples Savings Bank redeem a savings bond?

Does Peoples Savings Bank cash savings bonds?

Will Peoples Savings Bank cash money orders?

Can Peoples Savings Bank issue a money order?

Does Peoples Savings Bank do currency exchange?

Background on The Bank

Who owns Peoples Savings Bank?

How long has Peoples Savings Bank been around?

Can Peoples Savings Bank transfer to other banks?

Does Peoples Savings Bank have quick pay?

Does Peoples Savings Bank accept rolled coins?

Will Peoples Savings Bank accept loose change?

Where is Peoples Savings Bank headquarters?

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