The Peoples Bank in Ripley, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Peoples Bank in Ripley, Mississippi (MS)
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The Peoples Bank - Overview

  • General
  • FDIC Certificate #: 15871
    Status: Active
    Federal Reserve ID: 593249
    Bank Holding Company (Regulatory Top Holder): Peoples Corporation, The (RSSDID: 1097061, Location: Ripley, MS)
    Date Established: March 03, 1925
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 11552
    FDIC's unique #: 10108
    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: December 18, 1941
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 305 East Jefferson, Ripley, MS 38663
    County: Tippah
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $373.9 mil
    Equity capital: $35.2 mil
    Deposits held in domestic offices: $318.1 mil
    Return on assets (ROA): 0.94% ($3.5 mil)
    Quarterly return on assets: 0.40% ($1.5 mil)
    Return on Equity (ROE): 10.01% ($3.5 mil)
    Quarterly return on equity: 4.22% ($1.5 mil)
    Net income: $3.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.15% ($4,299.9 mil)
    Quarterly Pretax return on assets: 0.42% ($1,570.4 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
  • 84Total employees (full-time equivalent)
  • $373,903Total assets
  • $15,495Cash and due from depository institutions
  • $1,277Interest-bearing balances
  • $172,302Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $166,909Net loans & leases
  • $1,388Loan loss allowance
  • $0Trading account assets
  • $3,577Bank premises and fixed assets
  • $411Other real estate owned
  • $430Goodwill and other intangibles
  • $373,903Life insurance assets
  • $14,779All other assets
  • $338,740Total liabilities and capital
  • $318,096Total liabilities
  • $274,552Total deposits
  • $318,096Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $19,498Trading liabilities
  • $0Other borrowed funds
  • $1,146Subordinated debt
  • $35,163All other liabilities
  • $35,163Total equity capital
  • $35,163Total bank equity capital
  • $0Perpetual preferred stock
  • $696Common stock
  • $24,204Surplus
  • $10,263Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,026Income earned, not collected on loans
  • $0Earning assets
  • $2,455Long-term assets (5+ years)
  • $340,488Average Assets, year-to-date
  • $206,512Average Assets, quarterly
  • $370,965Volatile liabilities
  • $376,279Insider loans
  • $186,822FHLB advances
  • $370,936Loans and leases held for sale
  • $8,757Unused loan commitments
  • $7,802Tier 1 (core) risk-based capital
  • $33,514Tier 2 risk-based capital
  • $955Total risk weighted assets
  • $0Total unused commitments
  • $18,204Restructured Loans and leases
  • $5,217Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,547Total interest income
  • $5,639Total interest expense
  • $9,908Net interest income
  • $751Provision for loan and lease losses
  • $3,282Total noninterest income
  • $61Fiduciary activities
  • $1,265Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,956Additional noninterest income
  • $8,160Total noninterest expense
  • $5,149Salaries and employee benefits
  • $722Premises and equipment expense
  • $2,289Additional noninterest expense
  • $4,279Pre-tax net operating income
  • $0Securities gains (losses)
  • $806Applicable income taxes
  • $3,473Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,473Net income attributable to bank
  • $0Net charge-offs
  • $3,473Cash dividends
  • $624Sale, conversion, retirement of capital stock, net
  • $2,434Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.64%Yield on earning assets
  • 1.68%Cost of funding earning assets
  • 2.95%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 2.43%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 10.01%Return on equity (ROE)
  • 3.00%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 120.35%Credit loss provision to net charge-offs
  • 8.06%Efficiency ratio
  • 61,865Assets per employee
  • 4.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.08%Loss allowance to loans
  • 0.82%Loss allowance to noncurrent loans
  • 135.28%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 52.47%Net loans and leases to core deposits
  • 61.06%Equity capital to assets
  • 9.40%Core capital (leverage) ratio
  • 9.03%Tier 1 risk-based capital ratio
  • 17.94%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $370,965Average earning assets
  • $34,690Average equity
  • $335,373Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $41,251Managed Assets
  • 1Number of Accounts
  • $29,995Personal trust and agency accounts
  • $23,488Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $6,507Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 237Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $11,256Other retirement accounts
  • $1,233Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $10,023Fiduciary accounts held in foreign offices

List of branches

  • 6 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010108The Peoples Bank305 East Jefferson, Ripley, MS 38663March 03, 1925Full Service Brick and Mortar
    2235665East Motor Branch405 East Walnut Street, Ripley, MS 38663September 17, 1971Limited Service Facility
    4235667Mcgill North Branch1414 Highway 15 North, Ripley, MS 38663August 08, 1983Limited Service Facility
    5235668Ripley Branch911 Highway 15 South, Ripley, MS 38663July 18, 1988Limited Service Facility
    8235669Walnut BranchHighway 15 North, Walnut, MS 38683November 20, 1995Full Service Brick and Mortar
    9235670Blue Mountain Branch122 North Guyton Boulevard, Blue Mountain, MS 38610April 22, 1996Limited Service Facility

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