Peoples State Bank

110 Main St
Westhope, ND 58793


2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 13196
Date Established 1906
Assets $0.07 billion
Loans $0.03 billion
Deposits $0.06 billion
Capital $0.01 billion

Peoples State Bank is an FDIC insured institution located in Westhope, ND. It was founded in 1906 and has approximately $0.07 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Peoples State 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 State Bank’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Consumer Auto Loans.

Compared to other banks in North Dakota, Peoples State Bank 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 1.83
Credit Card Loans 0.00
Consumer Auto Loans 1.93
Small Business Loans 1.25
Construction and Development Loans 0.00
Commercial Real Estate 1.25
Commercial and Industrial Loans 5.33
Farm Loans 54.12

Deposit Rates - October 15, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $1,000 - Learn MoreShow Less
3 Mo CD
0.30% $500 $99,999 Learn MoreShow Less
6 Mo CD
0.85% $500 $99,999 Learn MoreShow Less

Fixed IRA
1.15% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $900 - Learn MoreShow Less

Loan Rates - October 15, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Peoples State 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
Learn More
PenFed Credit Union
NMLS ID: 401822
4.836% 4.750% 0.00 $2,500 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

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

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Peoples State Bank Locations

Financial Details

Peoples State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Peoples State 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 State Bank U.S. Bank Average
0% 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 June 30, 2018, Peoples State Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,551,000 in equity and $861,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Peoples State Bank U.S. Bank Average
8.65% 9.77%

Peoples State Bank has a Return on Equity of 8.65% versus the BestCashCow average of 9.77%. 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 State Bank U.S. Bank Average
12.99% 12.31%

Peoples State Bank has a Capitalization of 12.99% versus the BestCashCow average of 12.31. 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 State Bank Balance Sheet Analysis

As of June 30, 2018, Peoples State Bank had assets of $65,840,000, loans of $32,551,000, and deposits of $57,279,000. 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

June 30, 2018
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.03 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 $0.06 billion
Total deposits $0.06 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 72.83%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.06 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2018
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 State Bank

Branches and Savings

Is Peoples State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #13196.

Why does Peoples State 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 State Bank CD rates not competitive?

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

Is Peoples State Bank a commercial bank?


Where are Peoples State Bank locations?

See branch locations nearby.

Is Peoples State Bank open on Saturdays?

Is Peoples State Bank open on Sundays?

What time does Peoples State Bank open?

What time does Peoples State Bank close?

Are Peoples State Bank ATMs Open 24/7?

Do Peoples State Bank ATMs accept cash deposits?

Can Peoples State Bank customers use other ATMs?

Do Peoples State Bank branches have notaries?

Will Peoples State Bank notarize my document?

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

Will the Peoples State Bank branch print checks?

Do Peoples State Bank checks expire?

Does Peoples State Bank require US citizenship to open account?

Can Peoples State Bank close my account?

Does Peoples State Bank Report to credit bureaus?

Does Peoples State Bank Use Equifax?

What is Peoples State Bank's ACH Routing Number?

What is Peoples State Bank's SWIFT code?


Does Peoples State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Peoples State Bank offer personal loans?

Compare personal loan rates here.

Does Peoples State Bank offer student loans?

Will Peoples State Bank cash a check?

Will Peoples State Bank redeem a savings bond?

Does Peoples State Bank cash savings bonds?

Will Peoples State Bank cash money orders?

Can Peoples State Bank issue a money order?

Does Peoples State Bank do currency exchange?

Background on The Bank

Who owns Peoples State Bank?

How long has Peoples State Bank been around?

Can Peoples State Bank transfer to other banks?

Does Peoples State Bank have quick pay?

Does Peoples State Bank accept rolled coins?

Will Peoples State Bank accept loose change?

Where is Peoples State Bank headquarters?

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