PEOPLES BANK in Sheridan, Arkansas (AR)



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PEOPLES BANK routing number info

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PEOPLES BANK
GeneralFDIC Certificate #: 57058
Status: Active
Federal Reserve ID: 2939391
Date Established: September 13, 2000
WWW: http://www.peoplesbankar.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 356558
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: September 13, 2000
Last Structure Change Effective Date: June 28, 2011
Last Structure Change Process Date: July 11, 2011
Last Data Update: July 11, 2011
Data Source Date: April 05, 2012
LocationAddress: 1120 South Rock Street, Sheridan, AR 72150
County: Grant
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Little Rock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340)
Core Based Statistical Area (CBSA): Little Rock-North Little Rock-Conway, AR (#30780)
CBSA Metro Statistical Area: Little Rock-North Little Rock-Conway, AR (#30780)
History of ChangesChange in Primary Regulatory Agency
Change in Supervisory Agency
Institution Becomes a Member of FRS (Federal Reserve System)
Financial SummaryTotal assets: $114.1 mil
Equity capital: $14.4 mil
Deposits held in domestic offices: $98.9 mil
Return on assets (ROA): 1.29% ($1.5 mil)
Quarterly return on assets: 1.41% ($1.6 mil)
Return on Equity (ROE): 10.58% ($1.5 mil)
Quarterly return on equity: 11.23% ($1.6 mil)
Net income: $1.5 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.90% ($2,168.5 mil)
Quarterly Pretax return on assets: 1.82% ($2,077.2 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)26
Total assets$114,131
Cash and due from depository institutions$3,280
Interest-bearing balances$977
Securities$46,985
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$58,434
Loan loss allowance $880
Trading account assets$0
Bank premises and fixed assets$2,615
Other real estate owned$262
Goodwill and other intangibles$0
All other assets$2,555
Life insurance assets$114,131
Total liabilities and capital$99,778
Total liabilities$98,885
Total deposits$62,880
Interest-bearing deposits$98,885
Deposits held in domestic offices$81
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $893
All other liabilities $14,353
Total equity capital$14,353
Total bank equity capital$14,353
Perpetual preferred stock$0
Common stock$6
Surplus$5,951
Undivided profits $8,396
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $154
Earning assets $0
Long-term assets (5+ years) $620
Average Assets, year-to-date $106,396
Average Assets, quarterly $26,727
Volatile liabilities $113,481
Insider loans $114,020
FHLB advances $69,146
Loans and leases held for sale $113,865
Unused loan commitments $1,481
Tier 1 (core) risk-based capital $1,481
Tier 2 risk-based capital $14,007
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,929
Derivatives$5,293
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,911
Total interest expense $701
Net interest income $4,210
Provision for loan and lease losses $114
Total noninterest income $556
Fiduciary activities $0
Service charges on deposit accounts $290
Trading account gains & fees $0
Additional noninterest income $266
Total noninterest expense $2,499
Salaries and employee benefits $1,177
Premises and equipment expense $278
Additional noninterest expense $1,044
Pre-tax net operating income $2,153
Securities gains (losses) $0
Applicable income taxes $687
Income before extraordinary items $1,466
Extraordinary gains - net $0
Net income attributable to bank $1,466
Net charge-offs $0
Cash dividends $1,466
Sale, conversion, retirement of capital stock, net $34
Net operating income $396
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.65%
Cost of funding earning assets 0.66%
Net interest margin 3.98%
Noninterest income to earning assets 0.53%
Noninterest expense to earning assets 2.37%
Net operating income to assets 1.29%
Return on assets (ROA) 1.29%
Pretax return on assets 1.90%
Return on equity (ROE) 10.58%
Retained earnings to average equity (YTD only) 7.73%
Net charge-offs to loans 0.06%
Credit loss provision to net charge-offs 335.29%
Efficiency ratio66.68%
Assets per employee$52,434
Cash dividends to net income (YTD only)4.39%
Condition Ratios (%)
Loss allowance to loans 27.01%
Loss allowance to noncurrent loans 1.48%
Noncurrent assets plus other real estate owned to assets 571.43%
Noncurrent loans to loans 0.36%
Net loans and leases to deposits0.26%
Net loans and leases to core deposits 59.09%
Equity capital to assets 62.42%
Core capital (leverage) ratio 12.58%
Tier 1 risk-based capital ratio 12.30%
Total risk-based capital ratio 20.26%
Memoranda
Average assets$22
Average earning assets$113,481
Average equity $13,850
Average loans $105,657
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2 Arkansas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0356558Peoples Bank1120 South Rock Street, Sheridan, AR 72150September 13, 2000Full Service Brick and Mortar
1495709Peoples Bank (East End)20409 Arch Street, Little Rock, AR 72206July 14, 2008Full Service Brick and Mortar
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