Peoples Bank in Lubbock, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Peoples Bank - Overview

  • General
  • FDIC Certificate #: 19788
    Status: Active
    Federal Reserve ID: 819855
    Bank Holding Company (Regulatory Top Holder): Peoples Bancorp, Inc. (RSSDID: 2814528, Location: Lubbock, TX)
    Date Established: Febuary 13, 1968
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 13582
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: Febuary 13, 1968
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: April 17, 2008
    Last Data Update: April 17, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 5820 82nd Street, Lubbock, TX 79424
    County: Lubbock
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Lubbock, TX (#4600)
    Combined Statistical Area (CSA): Lubbock-Levelland, TX (#352)
    Core Based Statistical Area (CBSA): Lubbock, TX (#31180)
    CBSA Metro Statistical Area: Lubbock, TX (#31180)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $264.2 mil
    Equity capital: $26.0 mil
    Deposits held in domestic offices: $236.1 mil
    Return on assets (ROA): 0.88% ($2.3 mil)
    Quarterly return on assets: 1.09% ($2.9 mil)
    Return on Equity (ROE): 9.20% ($2.4 mil)
    Quarterly return on equity: 10.88% ($2.8 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.33% ($3,513.8 mil)
    Quarterly Pretax return on assets: 1.64% ($4,332.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 68Total employees (full-time equivalent)
  • $264,196Total assets
  • $33,889Cash and due from depository institutions
  • $28,207Interest-bearing balances
  • $22,357Securities
  • $13,550Federal funds sold & reverse repurchase agreements
  • $178,634Net loans & leases
  • $1,697Loan loss allowance
  • $0Trading account assets
  • $7,824Bank premises and fixed assets
  • $1,902Other real estate owned
  • $1,397Goodwill and other intangibles
  • $264,196Life insurance assets
  • $4,643All other assets
  • $238,188Total liabilities and capital
  • $236,110Total liabilities
  • $177,087Total deposits
  • $236,110Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $657Trading liabilities
  • $0Other borrowed funds
  • $1,421Subordinated debt
  • $26,008All other liabilities
  • $26,008Total equity capital
  • $26,008Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $15,527Surplus
  • $9,481Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,973Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $39Income earned, not collected on loans
  • $0Earning assets
  • $1,931Long-term assets (5+ years)
  • $242,748Average Assets, year-to-date
  • $72,487Average Assets, quarterly
  • $260,441Volatile liabilities
  • $256,959Insider loans
  • $187,172FHLB advances
  • $253,933Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $24,796Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $35,258Restructured Loans and leases
  • $10,208Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,641Total interest income
  • $1,864Total interest expense
  • $10,777Net interest income
  • $400Provision for loan and lease losses
  • $1,572Total noninterest income
  • $0Fiduciary activities
  • $952Service charges on deposit accounts
  • $0Trading account gains & fees
  • $620Additional noninterest income
  • $8,628Total noninterest expense
  • $4,605Salaries and employee benefits
  • $1,093Premises and equipment expense
  • $2,930Additional noninterest expense
  • $3,321Pre-tax net operating income
  • $140Securities gains (losses)
  • $1,166Applicable income taxes
  • $2,295Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,295Net income attributable to bank
  • $0Net charge-offs
  • $2,295Cash dividends
  • $482Sale, conversion, retirement of capital stock, net
  • $200Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.27%Yield on earning assets
  • 0.78%Cost of funding earning assets
  • 4.49%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 3.60%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 9.20%Return on equity (ROE)
  • 8.40%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 82.99%Credit loss provision to net charge-offs
  • 7.72%Efficiency ratio
  • 69,868Assets per employee
  • 3.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 8.71%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 4351.28%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 75.66%Net loans and leases to core deposits
  • 81.48%Equity capital to assets
  • 9.84%Core capital (leverage) ratio
  • 9.76%Tier 1 risk-based capital ratio
  • 13.25%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $260,441Average earning assets
  • $24,944Average equity
  • $239,813Average loans

List of branches

  • 5 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013582Peoples Bank5820 82nd Street, Lubbock, TX 79424Febuary 13, 1968Full Service Brick and Mortar
    2429294Lorenzo Branch416 Harrison Avenue, Lorenzo, TX 79343September 02, 2003Full Service Brick and Mortar
    342973134th Street Branch3801 34th Street, Lubbock, TX 79424December 16, 2003Full Service Brick and Mortar
    4442002Nazareth Branch101 West Hwy 86, Nazareth, TX 79063June 27, 2005Full Service Brick and Mortar
    5478821Shallowater Branch7503 Highway 84, Shallowater, TX 79363August 20, 2007Full Service Brick and Mortar

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