The Peoples Bank in Ewing, Virginia (VA), TN
Overview, Financial Summary, Detailed Financial Reports, Branches


The Peoples Bank - Overview

  • General
  • FDIC Certificate #: 10730
    Status: Active
    Federal Reserve ID: 359324
    Date Established: May 03, 1920
    WWW: http://www.thepeoplesbanknow.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: Yes)
    FDIC's unique #: 6881
    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: January 01, 1934
    Last Structure Change Effective Date: October 31, 2011
    Last Structure Change Process Date: November 08, 2011
    Last Data Update: November 08, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1637 Dr. Thomas Walker Road, Ewing, VA 24248
    County: Lee
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $89.9 mil
    Equity capital: $7.8 mil
    Deposits held in domestic offices: $81.3 mil
    Return on assets (ROA): -1.13% (-$1.0 mil)
    Quarterly return on assets: -0.15% (-$0.1 mil)
    Return on Equity (ROE): -13.49% (-$1.1 mil)
    Quarterly return on equity: -1.80% (-$0.1 mil)
    Net income: -$1.0 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: -1.12% (-$1,006.9 mil)
    Quarterly Pretax return on assets: -0.15% (-$134.8 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
  • 21Total employees (full-time equivalent)
  • $89,900Total assets
  • $2,999Cash and due from depository institutions
  • $0Interest-bearing balances
  • $18,679Securities
  • $620Federal funds sold & reverse repurchase agreements
  • $60,247Net loans & leases
  • $1,410Loan loss allowance
  • $0Trading account assets
  • $1,379Bank premises and fixed assets
  • $4,417Other real estate owned
  • $0Goodwill and other intangibles
  • $89,900Life insurance assets
  • $1,559All other assets
  • $82,117Total liabilities and capital
  • $81,345Total liabilities
  • $71,682Total deposits
  • $81,345Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $684Trading liabilities
  • $0Other borrowed funds
  • $88Subordinated debt
  • $7,783All other liabilities
  • $7,783Total equity capital
  • $7,783Total bank equity capital
  • $0Perpetual preferred stock
  • $1,025Common stock
  • $5,266Surplus
  • $1,492Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,827Income earned, not collected on loans
  • $0Earning assets
  • $416Long-term assets (5+ years)
  • $79,546Average Assets, year-to-date
  • $22,643Average Assets, quarterly
  • $90,936Volatile liabilities
  • $90,612Insider loans
  • $59,352FHLB advances
  • $90,731Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,411Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,621Restructured Loans and leases
  • $3,190Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,214Total interest income
  • $790Total interest expense
  • $3,424Net interest income
  • $1,918Provision for loan and lease losses
  • $148Total noninterest income
  • $0Fiduciary activities
  • $125Service charges on deposit accounts
  • $0Trading account gains & fees
  • $23Additional noninterest income
  • $2,696Total noninterest expense
  • $1,040Salaries and employee benefits
  • $405Premises and equipment expense
  • $1,251Additional noninterest expense
  • -$1,042Pre-tax net operating income
  • $22Securities gains (losses)
  • $4Applicable income taxes
  • -$1,024Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,024Net income attributable to bank
  • $0Net charge-offs
  • -$1,024Cash dividends
  • $1,973Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.21%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 4.23%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 3.33%Noninterest expense to earning assets
  • -1.15%Net operating income to assets
  • -1.13%Return on assets (ROA)
  • -1.12%Pretax return on assets
  • -13.49%Return on equity (ROE)
  • -13.49%Retained earnings to average equity (YTD only)
  • 3.11%Net charge-offs to loans
  • 97.21%Credit loss provision to net charge-offs
  • 0.44%Efficiency ratio
  • 75,476Assets per employee
  • 4.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.29%Loss allowance to noncurrent loans
  • 49.88%Noncurrent assets plus other real estate owned to assets
  • 8.06%Noncurrent loans to loans
  • 4.59%Net loans and leases to deposits
  • 74.06%Net loans and leases to core deposits
  • 85.78%Equity capital to assets
  • 8.66%Core capital (leverage) ratio
  • 8.17%Tier 1 risk-based capital ratio
  • 12.49%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $90,936Average earning assets
  • $7,588Average equity
  • $80,942Average loans

List of branches

  • 2 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    4456805Powell Branch100 West Emory Road, Powell, TN 37849October 16, 2006Full Service Brick and Mortar
    5493521Bearden Branch419 Erin Drive, Knoxville, TN 37919March 09, 2009Full Service Brick and Mortar
  • 3 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06881The Peoples Bank1637 Dr. Thomas Walker Road, Ewing, VA 24248May 03, 1920Full Service Brick and Mortar
    1222938Rose Hill Branch5499 Dr. Thomas Walker Road, Rose Hill, VA 24281December 17, 1952Full Service Brick and Mortar
    2222939Lee County Branch143 Buffalo Drive, Ewing, VA 24248October 29, 1984Full Service Brick and Mortar

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