The Peoples Bank Co.

Headquarters

112-14 West Main Street
Coldwater, OH 45828
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 1.05% →
2-Year CD N.A. 1.11% →
5-Year CD N.A. 1.56% →
30-Year Mortgage 4.03% 3.09% →
15-Year Mortgage 3.55% 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

The Peoples Bank Co. is an FDIC insured institution located in Coldwater, OH. It was founded in 1905 and has approximately $0.53 billion in assets. Customers can open an account at one of its 7 branches.

FDIC Insured Yes
FDIC Certificate # 13220
Date Established 1905
Assets $ 530.24 million
Loans $ 288.31 million
Deposits $ 453.90 million
Capital $ 67.51 million
 

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

Deposit Rates - August 10, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - August 10, 2020

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

The Peoples Bank Co. 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


The Peoples Bank Co. Locations


Financial Details

The Peoples Bank Co. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Peoples Bank Co.. 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
The Peoples Bank Co. U.S. Bank Average
0.27% 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, The Peoples Bank Co. had $192,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $67,510,000 in equity and $2,873,000 in loans loss reserves. That gives it a Texas Ratio of 0.27%.

Return on Equity
The Peoples Bank Co. U.S. Bank Average
13.74% 7.80%

The Peoples Bank Co. has a Return on Equity of 13.74% 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
The Peoples Bank Co. U.S. Bank Average
12.73% 12.68%

The Peoples Bank Co. has a Capitalization of 12.73% 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.

The Peoples Bank Co. Balance Sheet Analysis

As of March 31, 2020, The Peoples Bank Co. had assets of $530,238,000, loans of $288,305,000, and deposits of $453,901,000. 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 $ 36.56 million
Interest-bearing balances $ 26.66 million
Total securities $ 187.88 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 288.31 million
Loan loss allowance $ 2.87 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.79 million
All other assets $ 14.53 million
     Total Assets $ 462.73 million
LIABILITIES
Total deposits $ 453.90 million
      Interest-bearing deposits $ 360.28 million
      Deposits held in domestic offices $ 453.90 million
      % insured (estimated) 82.31%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 6.00 million
Subordinated debt N.A.
All other liabilities $ 2.83 million
      Total Liabilities $ 462.73 million
      Shareholders’ Equity $ 67.51 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.74 million
Total Interest Expense $ 0.73 million
Net interest income $ 4.00 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.72 million
Total non interest expense $ 2.00 million
Pre-tax Net Operating Income $ 2.69 million

Bank Loan Profile?

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

Compared to other banks in Ohio, The Peoples Bank Co. 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 30.55
Multifamily
Mortgages
3.47
Credit Card Loans 0.20
Consumer Auto Loans 2.40
Small Business Loans 0.00
Construction and Development Loans 4.62
Commercial Real Estate 25.58
Commercial and Industrial Loans 7.34
Farm Loans 4.10

Frequently Asked Questions About The Peoples Bank Co.

Branches and Savings

Is The Peoples Bank Co. FDIC insured?

Yes. It is covered under FDIC Certificate #13220.

Why does The Peoples Bank Co. 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 Co. CD rates not competitive?

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

Is The Peoples Bank Co. a commercial bank?

Yes

Where are The Peoples Bank Co. locations?

See branch locations nearby.

Is The Peoples Bank Co. open on Saturdays?

Is The Peoples Bank Co. open on Sundays?

What time does The Peoples Bank Co. open?

What time does The Peoples Bank Co. close?

Are The Peoples Bank Co. ATMs Open 24/7?

Do The Peoples Bank Co. ATMs accept cash deposits?

Can The Peoples Bank Co. customers use other ATMs?

Do The Peoples Bank Co. branches have notaries?

Will The Peoples Bank Co. notarize my document?

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

Will the The Peoples Bank Co. branch print checks?

Do The Peoples Bank Co. checks expire?

Does The Peoples Bank Co. require US citizenship to open account?

Can The Peoples Bank Co. close my account?

Does The Peoples Bank Co. Report to credit bureaus?

Does The Peoples Bank Co. Use Equifax?

What is The Peoples Bank Co.'s ACH Routing Number?

What is The Peoples Bank Co.'s SWIFT code?

Products

Does The Peoples Bank Co. offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does The Peoples Bank Co. offer personal loans?

Compare personal loan rates here.

Does The Peoples Bank Co. offer student loans?

Will The Peoples Bank Co. cash a check?

Will The Peoples Bank Co. redeem a savings bond?

Does The Peoples Bank Co. cash savings bonds?

Will The Peoples Bank Co. cash money orders?

Can The Peoples Bank Co. issue a money order?

Does The Peoples Bank Co. do currency exchange?

Background on The Bank

Who owns The Peoples Bank Co.?

How long has The Peoples Bank Co. been around?

Can The Peoples Bank Co. transfer to other banks?

Does The Peoples Bank Co. have quick pay?

Does The Peoples Bank Co. accept rolled coins?

Will The Peoples Bank Co. accept loose change?

Where is The Peoples Bank Co. headquarters?

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