Peoples Bank of East Tennessee in Madisonville, Tennessee (TN), GA, NC
Overview, Financial Summary, Detailed Financial Reports, Branches


Peoples Bank of East Tennessee - Overview

  • General
  • FDIC Certificate #: 34517
    Status: Active
    Federal Reserve ID: 2614344
    Bank Holding Company (Regulatory Top Holder): Peoples Bancshares Of Tn, Inc. (RSSDID: 3403161, Location: Madisonville, TN)
    Date Established: September 22, 1997
    WWW: http://www.peoplesbank-tn.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Domestic: 11, Interstate: Yes)
    FDIC's unique #: 59024
    Numeric code: 21
    Regulator: FDIC
    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 22, 1997
    Last Structure Change Effective Date: December 17, 2010
    Last Structure Change Process Date: December 20, 2010
    Last Data Update: December 20, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 4511 Ushwy 411, Madisonville, TN 37354
    County: Monroe
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Knoxville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $227.6 mil
    Equity capital: $18.3 mil
    Deposits held in domestic offices: $205.1 mil
    Return on assets (ROA): 0.36% ($0.8 mil)
    Quarterly return on assets: 0.31% ($0.7 mil)
    Return on Equity (ROE): 4.53% ($0.8 mil)
    Quarterly return on equity: 3.90% ($0.7 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.45% ($1,024.4 mil)
    Quarterly Pretax return on assets: 0.34% ($774.0 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
  • 88Total employees (full-time equivalent)
  • $227,640Total assets
  • $18,607Cash and due from depository institutions
  • $13,929Interest-bearing balances
  • $28,666Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $147,563Net loans & leases
  • $2,407Loan loss allowance
  • $0Trading account assets
  • $6,802Bank premises and fixed assets
  • $7,727Other real estate owned
  • $1,064Goodwill and other intangibles
  • $227,640Life insurance assets
  • $17,211All other assets
  • $209,316Total liabilities and capital
  • $205,065Total liabilities
  • $174,925Total deposits
  • $205,065Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $1,251Subordinated debt
  • $18,324All other liabilities
  • $18,324Total equity capital
  • $18,324Total bank equity capital
  • $0Perpetual preferred stock
  • $864Common stock
  • $14,280Surplus
  • $3,180Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $18,498Income earned, not collected on loans
  • $0Earning assets
  • $1,066Long-term assets (5+ years)
  • $190,158Average Assets, year-to-date
  • $23,686Average Assets, quarterly
  • $225,294Volatile liabilities
  • $228,466Insider loans
  • $146,557FHLB advances
  • $226,024Loans and leases held for sale
  • $2,569Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,338Tier 2 risk-based capital
  • $2,569Total risk weighted assets
  • $0Total unused commitments
  • $9,124Restructured Loans and leases
  • $2,891Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,395Total interest income
  • $2,569Total interest expense
  • $8,826Net interest income
  • $900Provision for loan and lease losses
  • $1,354Total noninterest income
  • $0Fiduciary activities
  • $853Service charges on deposit accounts
  • $0Trading account gains & fees
  • $501Additional noninterest income
  • $8,586Total noninterest expense
  • $4,509Salaries and employee benefits
  • $1,188Premises and equipment expense
  • $2,889Additional noninterest expense
  • $694Pre-tax net operating income
  • $309Securities gains (losses)
  • $192Applicable income taxes
  • $811Income before extraordinary items
  • $0Extraordinary gains - net
  • $811Net income attributable to bank
  • $0Net charge-offs
  • $811Cash dividends
  • $1,267Sale, conversion, retirement of capital stock, net
  • $274Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.11%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 4.73%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 4.60%Noninterest expense to earning assets
  • 0.25%Net operating income to assets
  • 0.36%Return on assets (ROA)
  • 0.45%Pretax return on assets
  • 4.53%Return on equity (ROE)
  • 3.00%Retained earnings to average equity (YTD only)
  • 0.84%Net charge-offs to loans
  • 71.03%Credit loss provision to net charge-offs
  • 1.26%Efficiency ratio
  • 82,957Assets per employee
  • 2.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.79%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 13.01%Noncurrent assets plus other real estate owned to assets
  • 11.52%Noncurrent loans to loans
  • 12.33%Net loans and leases to deposits
  • 71.96%Net loans and leases to core deposits
  • 74.42%Equity capital to assets
  • 8.05%Core capital (leverage) ratio
  • 7.67%Tier 1 risk-based capital ratio
  • 11.83%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $225,294Average earning assets
  • $17,884Average equity
  • $186,614Average loans

List of branches

  • 1 Georgia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    11454327Mccaysville Branch109 Blue Ridge Drive, Mc Caysville, GA 30555April 23, 2007Full Service Brick and Mortar
  • 1 North Carolina Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    13515091Murphy Branch592 West Us Highway 64, Murphy, NC 28906June 30, 2009Full Service Brick and Mortar
  • 10 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    059024Peoples Bank Of East Tennessee4511 Ushwy 411, Madisonville, TN 37354September 22, 1997Full Service Brick and Mortar
    1290674Tellico Plains Branch9186 New Highway 68, Tellico Plains, TN 37385September 22, 1997Full Service Brick and Mortar
    2290675Sweetwater Branch117 Monroe St, Sweetwater, TN 37874January 08, 1999Full Service Brick and Mortar
    5432439Englewood Branch19 Main Street, Englewood, TN 37329July 12, 2004Full Service Brick and Mortar
    6441494Plaza Branch904 Tellico Street, Madisonville, TN 37354July 07, 2005Full Service Brick and Mortar
    7446981Greenback Branch102 Chilhowee Avenue, Greenback, TN 37742January 26, 2006Full Service Brick and Mortar
    8456117Vonore Branch1010 Highway 411, Vonore, TN 37885November 02, 2006Full Service Brick and Mortar
    9456807Ducktown Branch105 Five Points Drive, Ducktown, TN 37326November 10, 2006Full Service Brick and Mortar
    10470600Niota Branch9 West Willson Street, Niota, TN 37826January 30, 2008Full Service Brick and Mortar
    14529276Loudon Loan Production Office205 Carter Street, Loudon, TN 37774March 01, 2012Limited Service Loan Production

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