PeoplesTrust Bank

Headquarters

1281 Military Street South
Hamilton, AL 35570
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.34% 1.05% →
1-Year CD 0.50% 1.05% →
2-Year CD 0.75% 1.11% →
5-Year CD 1.15% 1.56% →
30-Year Mortgage N.A. 2.88% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

PeoplesTrust Bank is an FDIC insured institution located in Hamilton, AL. It was founded in 2004 and has approximately $0.11 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 57569
Date Established 2004
Assets $ 106.99 million
Loans $ 73.22 million
Deposits $ 91.50 million
Capital $ 13.71 million
 

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

Deposit Rates - August 15, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.34% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.35% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
Special: 11 Mo CD
0.60% $500 - Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.95% $10,000 $14,999 Learn More
36 Mo CD
0.95% $100,000 $199,999 Learn More
48 Mo CD
1.05% $10,000 $14,999 Learn More
48 Mo CD
1.05% $100,000 $199,999 Learn More
60 Mo CD
1.15% $10,000 $14,999 Learn More
60 Mo CD
1.15% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.34% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 15, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for PeoplesTrust 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
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.914% 2.875% 0.50 $1,250 $1,038 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info

Note to PeoplesTrust Bank
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Branches

PeoplesTrust 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:
Fairfield,Connecticut


PeoplesTrust Bank Locations


Financial Details

PeoplesTrust Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of PeoplesTrust 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
PeoplesTrust Bank U.S. Bank Average
7.12% 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, PeoplesTrust Bank had $1,039,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $13,705,000 in equity and $882,000 in loans loss reserves. That gives it a Texas Ratio of 7.12%.

Return on Equity
PeoplesTrust Bank U.S. Bank Average
7.63% 7.80%

PeoplesTrust Bank has a Return on Equity of 7.63% 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.

Capitalization
PeoplesTrust Bank U.S. Bank Average
12.81% 12.68%

PeoplesTrust Bank has a Capitalization of 12.81% 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.

PeoplesTrust Bank Balance Sheet Analysis

As of March 31, 2020, PeoplesTrust Bank had assets of $106,989,000, loans of $73,219,000, and deposits of $91,503,000. 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
ASSETS
Cash & Balances due from depository institutions $ 6.84 million
Interest-bearing balances $ 1.68 million
Total securities $ 18.17 million
Federal funds sold and reverse repurchase $ 3.70 million
Net loans and leases $ 73.22 million
Loan loss allowance $ 0.88 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.49 million
All other assets $ 2.46 million
     Total Assets $ 93.28 million
LIABILITIES
Total deposits $ 91.50 million
      Interest-bearing deposits $ 70.14 million
      Deposits held in domestic offices $ 91.50 million
      % insured (estimated) 86.28%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.00 million
Subordinated debt N.A.
All other liabilities $ 0.78 million
      Total Liabilities $ 93.28 million
      Shareholders’ Equity $ 13.71 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.15 million
Total Interest Expense $ 0.25 million
Net interest income $ 0.90 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.16 million
Total non interest expense $ 0.72 million
Pre-tax Net Operating Income $ 0.33 million

Bank Loan Profile?

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

Compared to other banks in Alabama, PeoplesTrust Bank has a significantly higher percent of 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 24.54
Multifamily
Mortgages
0.65
Credit Card Loans 0.00
Consumer Auto Loans 2.21
Small Business Loans 0.00
Construction and Development Loans 2.31
Commercial Real Estate 25.52
Commercial and Industrial Loans 25.82
Farm Loans 3.71

Frequently Asked Questions About Peoplestrust Bank

Branches and Savings

Is Peoplestrust Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57569.

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

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

Why are Peoplestrust Bank CD rates not competitive?

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

Is Peoplestrust Bank a commercial bank?

Yes

Where are Peoplestrust Bank locations?

See branch locations nearby.

Is Peoplestrust Bank open on Saturdays?

Is Peoplestrust Bank open on Sundays?

What time does Peoplestrust Bank open?

What time does Peoplestrust Bank close?

Are Peoplestrust Bank ATMs Open 24/7?

Do Peoplestrust Bank ATMs accept cash deposits?

Can Peoplestrust Bank customers use other ATMs?

Do Peoplestrust Bank branches have notaries?

Will Peoplestrust Bank notarize my document?

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

Will the Peoplestrust Bank branch print checks?

Do Peoplestrust Bank checks expire?

Does Peoplestrust Bank require US citizenship to open account?

Can Peoplestrust Bank close my account?

Does Peoplestrust Bank Report to credit bureaus?

Does Peoplestrust Bank Use Equifax?

What is Peoplestrust Bank's ACH Routing Number?

What is Peoplestrust Bank's SWIFT code?

Products

Does Peoplestrust Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Peoplestrust Bank offer personal loans?

Compare personal loan rates here.

Does Peoplestrust Bank offer student loans?

Will Peoplestrust Bank cash a check?

Will Peoplestrust Bank redeem a savings bond?

Does Peoplestrust Bank cash savings bonds?

Will Peoplestrust Bank cash money orders?

Can Peoplestrust Bank issue a money order?

Does Peoplestrust Bank do currency exchange?

Background on The Bank

Who owns Peoplestrust Bank?

How long has Peoplestrust Bank been around?

Can Peoplestrust Bank transfer to other banks?

Does Peoplestrust Bank have quick pay?

Does Peoplestrust Bank accept rolled coins?

Will Peoplestrust Bank accept loose change?

Where is Peoplestrust Bank headquarters?

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