The Peoples Bank

Headquarters

103 East Wiggin Street
Gambier, OH 43022
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.62% →
1-Year CD 0.20% 1.55% →
2-Year CD 0.70% 1.45% →
5-Year CD 0.85% 1.66% →
30-Year Mortgage N.A. 3.08% →
15-Year Mortgage N.A. 2.65% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

The Peoples Bank is an FDIC insured institution located in Gambier, OH. It was founded in 1920 and has approximately $0.06 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 389
Date Established 1920
Assets $ 59.18 million
Loans $ 39.03 million
Deposits $ 50.98 million
Capital $ 5.89 million
 

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

Deposit Rates - May 29, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $1 - Learn More
Money Market
0.10% $2,500 $24,999 Learn More
Money Market
0.15% $25,000 $99,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $500 - Learn More
6 Mo CD
0.15% $1,000 - Learn More
12 Mo CD
0.20% $1,000 - Learn More
Special: 13 Mo CD
0.70% $1,000 - Learn More
Special: 15 Mo CD
0.75% $1,000 - Learn More
18 Mo CD
0.30% $500 - Learn More
24 Mo CD
0.70% $1,000 - Learn More
30 Mo CD
0.45% $1,000 - Learn More
36 Mo CD
0.60% $1,000 - Learn More
48 Mo CD
0.80% $1,000 - Learn More
60 Mo CD
0.85% $1,000 - Learn More

Variable IRA Rates APY MIN MAX
Var IRA
0.50% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $2,499 Learn MoreShow Less
Int Ckg
0.05% $2,500 $99,999 Learn MoreShow Less

Loan Rates - May 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Peoples 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 2020

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.952% 2.875% 1.00 $2,485 $1,038 Learn More

Note to The Peoples Bank
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Branches

The Peoples 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


The Peoples Bank Locations


Financial Details

The Peoples Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Peoples 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
Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
The Peoples Bank U.S. Bank Average
1.4% 6.51%

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 December 31, 2019, The Peoples Bank had $87,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $5,892,000 in equity and $315,000 in loans loss reserves. That gives it a Texas Ratio of 1.4%.

Return on Equity
The Peoples Bank U.S. Bank Average
5.15% 9.41%

The Peoples Bank has a Return on Equity of 5.15% versus the BestCashCow average of 9.41%. 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
The Peoples Bank U.S. Bank Average
9.96% 12.82%

The Peoples Bank has a Capitalization of 9.96% versus the BestCashCow average of 12.82. 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.

The Peoples Bank Balance Sheet Analysis

As of December 31, 2019, The Peoples Bank had assets of $59,182,000, loans of $39,028,000, and deposits of $50,977,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 5.03 million
Interest-bearing balances $ 3.41 million
Total securities $ 12.25 million
Federal funds sold and reverse repurchase $ 0.86 million
Net loans and leases $ 39.03 million
Loan loss allowance $ 0.32 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.58 million
     Total Assets $ 53.29 million
LIABILITIES
Total deposits $ 50.98 million
      Interest-bearing deposits $ 36.10 million
      Deposits held in domestic offices $ 50.98 million
      % insured (estimated) 91.51%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.00 million
Subordinated debt N.A.
All other liabilities $ 0.31 million
      Total Liabilities $ 53.29 million
      Shareholders’ Equity $ 5.89 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 2.47 million
Total Interest Expense $ 0.33 million
Net interest income $ 2.14 million
Provision for loan and lease losses $ 0.05 million
Total non interest income $ 0.32 million
Total non interest expense $ 2.06 million
Pre-tax Net Operating Income $ 0.35 million

Bank Loan Profile?

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

Compared to other banks, The Peoples 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 67.87
Multifamily
Mortgages
0.82
Credit Card Loans 0.86
Consumer Auto Loans 4.63
Small Business Loans 16.99
Construction and Development Loans 4.77
Commercial Real Estate 16.99
Commercial and Industrial Loans 4.28
Farm Loans 0.01

Frequently Asked Questions About The Peoples Bank

Branches and Savings

Is The Peoples Bank FDIC insured?

Yes. It is covered under FDIC Certificate #389.

Why does The Peoples Bank pay such low interest on savings accounts?

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

Why are The Peoples Bank CD rates not competitive?

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

Is The Peoples Bank a commercial bank?

Yes

Where are The Peoples Bank locations?

See branch locations nearby.

Is The Peoples Bank open on Saturdays?

Is The Peoples Bank open on Sundays?

What time does The Peoples Bank open?

What time does The Peoples Bank close?

Are The Peoples Bank ATMs Open 24/7?

Do The Peoples Bank ATMs accept cash deposits?

Can The Peoples Bank customers use other ATMs?

Do The Peoples Bank branches have notaries?

Will The Peoples Bank notarize my document?

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

Will the The Peoples Bank branch print checks?

Do The Peoples Bank checks expire?

Does The Peoples Bank require US citizenship to open account?

Can The Peoples Bank close my account?

Does The Peoples Bank Report to credit bureaus?

Does The Peoples Bank Use Equifax?

What is The Peoples Bank's ACH Routing Number?

What is The Peoples Bank's SWIFT code?

Products

Does The Peoples Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does The Peoples Bank offer personal loans?

Compare personal loan rates here.

Does The Peoples Bank offer student loans?

Will The Peoples Bank cash a check?

Will The Peoples Bank redeem a savings bond?

Does The Peoples Bank cash savings bonds?

Will The Peoples Bank cash money orders?

Can The Peoples Bank issue a money order?

Does The Peoples Bank do currency exchange?

Background on The Bank

Who owns The Peoples Bank?

How long has The Peoples Bank been around?

Can The Peoples Bank transfer to other banks?

Does The Peoples Bank have quick pay?

Does The Peoples Bank accept rolled coins?

Will The Peoples Bank accept loose change?

Where is The Peoples Bank headquarters?

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