Peoples Bank of the South in Bude, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Peoples Bank of the South in Bude, Mississippi (MS)
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Peoples Bank of the South - Overview

  • General
  • FDIC Certificate #: 34763
    Status: Active
    Federal Reserve ID: 2710705
    Bank Holding Company (Regulatory Top Holder): Pbfc Holding Company (RSSDID: 3179859, Location: Bude, MS)
    Date Established: July 06, 1998
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 61535
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: July 06, 1998
    Last Structure Change Effective Date: July 15, 2007
    Last Structure Change Process Date: August 10, 2007
    Last Data Update: August 10, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 2292 Highway 184 E, Bude, MS 39630
    County: Franklin
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Change in Location
    Name Change
  • Financial Summary
  • Total assets: $77.7 mil
    Equity capital: $7.0 mil
    Deposits held in domestic offices: $67.7 mil
    Return on assets (ROA): 0.23% ($0.2 mil)
    Quarterly return on assets: -0.35% (-$0.3 mil)
    Return on Equity (ROE): 2.63% ($0.2 mil)
    Quarterly return on equity: -3.92% (-$0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.37% ($287.6 mil)
    Quarterly Pretax return on assets: -0.32% (-$248.8 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
  • 34Total employees (full-time equivalent)
  • $77,740Total assets
  • $3,008Cash and due from depository institutions
  • $397Interest-bearing balances
  • $14,015Securities
  • $1,600Federal funds sold & reverse repurchase agreements
  • $52,954Net loans & leases
  • $500Loan loss allowance
  • $0Trading account assets
  • $3,009Bank premises and fixed assets
  • $2,048Other real estate owned
  • $0Goodwill and other intangibles
  • $77,740Life insurance assets
  • $1,106All other assets
  • $70,738Total liabilities and capital
  • $67,686Total liabilities
  • $64,913Total deposits
  • $67,686Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,997Trading liabilities
  • $0Other borrowed funds
  • $55Subordinated debt
  • $7,002All other liabilities
  • $7,002Total equity capital
  • $7,002Total bank equity capital
  • $0Perpetual preferred stock
  • $361Common stock
  • $6,475Surplus
  • $166Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $326Income earned, not collected on loans
  • $0Earning assets
  • $332Long-term assets (5+ years)
  • $68,966Average Assets, year-to-date
  • $7,359Average Assets, quarterly
  • $79,291Volatile liabilities
  • $78,865Insider loans
  • $53,491FHLB advances
  • $77,790Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,789Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,154Restructured Loans and leases
  • $1,697Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,689Total interest income
  • $1,036Total interest expense
  • $3,653Net interest income
  • -$297Provision for loan and lease losses
  • $488Total noninterest income
  • $0Fiduciary activities
  • $536Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$48Additional noninterest income
  • $4,145Total noninterest expense
  • $2,043Salaries and employee benefits
  • $635Premises and equipment expense
  • $1,467Additional noninterest expense
  • $293Pre-tax net operating income
  • $0Securities gains (losses)
  • $111Applicable income taxes
  • $182Income before extraordinary items
  • $0Extraordinary gains - net
  • $182Net income attributable to bank
  • $0Net charge-offs
  • $182Cash dividends
  • -$210Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.70%Yield on earning assets
  • 1.48%Cost of funding earning assets
  • 5.22%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 5.93%Noninterest expense to earning assets
  • 0.23%Net operating income to assets
  • 0.23%Return on assets (ROA)
  • 0.37%Pretax return on assets
  • 2.63%Return on equity (ROE)
  • 2.63%Retained earnings to average equity (YTD only)
  • -0.40%Net charge-offs to loans
  • 141.43%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 100,097Assets per employee
  • 2.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 153.37%Noncurrent assets plus other real estate owned to assets
  • 3.05%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 78.23%Net loans and leases to core deposits
  • 82.26%Equity capital to assets
  • 9.01%Core capital (leverage) ratio
  • 8.73%Tier 1 risk-based capital ratio
  • 12.69%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $79,291Average earning assets
  • $6,929Average equity
  • $69,937Average loans

List of branches

  • 3 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061535Peoples Bank Of The South2292 Highway 184 E, Bude, MS 39630July 06, 1998Full Service Brick and Mortar
    1437797Meadville Branch50 Main Street West, Meadville, MS 39653Febuary 14, 2005Full Service Brick and Mortar
    3474217Gloster Branch647 Highway 33, Gloster, MS 39638May 06, 2008Full Service Brick and Mortar

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