The Peoples Bank, Biloxi, Mississippi in Biloxi, Mississippi (MS)



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The Peoples Bank, Biloxi, Mississippi routing number info

Table of contents:
The Peoples Bank, Biloxi, Mississippi
GeneralFDIC Certificate #: 340
Status: Active
Federal Reserve ID: 870539
Bank Holding Company (Regulatory Top Holder): Peoples Financial Corporation (RSSDID: 1133174, Location: Biloxi, MS)
Date Established: April 13, 1896
WWW: http://www.thepeoples.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 17 (Domestic: 17, Interstate: No)
FDIC's unique #: 270
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: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: Lameuse And Howard Avenues, Biloxi, MS 39533
County: Harrison
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
Metropolitan Statistical Area (MSA): Biloxi-Gulfport-Pascagoula, MS (#920)
Combined Statistical Area (CSA): Gulfport-Biloxi-Pascagoula, MS (#274)
Core Based Statistical Area (CBSA): Gulfport-Biloxi, MS (#25060)
CBSA Metro Statistical Area: Gulfport-Biloxi, MS (#25060)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $800.3 mil
Equity capital: $105.1 mil
Deposits held in domestic offices: $468.1 mil
Return on assets (ROA): 0.21% ($1.7 mil)
Quarterly return on assets: -0.09% (-$0.7 mil)
Return on Equity (ROE): 1.68% ($1.8 mil)
Quarterly return on equity: -0.69% (-$0.7 mil)
Net income: $1.7 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: 0.09% ($720.2 mil)
Quarterly Pretax return on assets: -0.33% (-$2,640.9 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)
Total employees (full-time equivalent)183
Total assets$800,270
Cash and due from depository institutions$36,929
Interest-bearing balances$14,390
Securities$279,697
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$424,931
Loan loss allowance $7,476
Trading account assets$0
Bank premises and fixed assets$28,036
Other real estate owned$6,198
Goodwill and other intangibles$0
All other assets$24,479
Life insurance assets$800,270
Total liabilities and capital$695,191
Total liabilities$468,071
Total deposits$442,986
Interest-bearing deposits$468,071
Deposits held in domestic offices$78
% insured (estimated)157601.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$54,500
Other borrowed funds $0
Subordinated debt $15,019
All other liabilities $105,079
Total equity capital$105,079
Total bank equity capital$105,079
Perpetual preferred stock$0
Common stock$366
Surplus$74,952
Undivided profits $29,761
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $59,424
Earning assets $0
Long-term assets (5+ years) $2,698
Average Assets, year-to-date $719,018
Average Assets, quarterly $205,504
Volatile liabilities $807,879
Insider loans $806,476
FHLB advances $530,873
Loans and leases held for sale $808,309
Unused loan commitments $16,196
Tier 1 (core) risk-based capital $14,679
Tier 2 risk-based capital $102,003
Total risk weighted assets $0
Total unused commitments $1,517
Restructured Loans and leases $76,421
Derivatives$4,874
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $25,020
Total interest expense $3,178
Net interest income $21,842
Provision for loan and lease losses $2,275
Total noninterest income $7,461
Fiduciary activities $1,368
Service charges on deposit accounts $2,539
Trading account gains & fees $0
Additional noninterest income $3,554
Total noninterest expense $27,411
Salaries and employee benefits $14,076
Premises and equipment expense $4,352
Additional noninterest expense $8,983
Pre-tax net operating income -$383
Securities gains (losses) $1,126
Applicable income taxes -$940
Income before extraordinary items $1,683
Extraordinary gains - net $0
Net income attributable to bank $1,683
Net charge-offs $0
Cash dividends $1,683
Sale, conversion, retirement of capital stock, net $1,449
Net operating income $898
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.48%
Cost of funding earning assets 0.44%
Net interest margin 3.04%
Noninterest income to earning assets 1.04%
Noninterest expense to earning assets 3.81%
Net operating income to assets 0.07%
Return on assets (ROA) 0.21%
Pretax return on assets 0.09%
Return on equity (ROE) 1.68%
Retained earnings to average equity (YTD only) 0.78%
Net charge-offs to loans 0.35%
Credit loss provision to net charge-offs 157.00%
Efficiency ratio1.31%
Assets per employee$93,543
Cash dividends to net income (YTD only)4.37%
Condition Ratios (%)
Loss allowance to loans 53.36%
Loss allowance to noncurrent loans 1.73%
Noncurrent assets plus other real estate owned to assets 12.58%
Noncurrent loans to loans 8.20%
Net loans and leases to deposits13.74%
Net loans and leases to core deposits 90.78%
Equity capital to assets 115.22%
Core capital (leverage) ratio 13.13%
Tier 1 risk-based capital ratio 12.62%
Total risk-based capital ratio 19.21%
Memoranda
Average assets$20
Average earning assets$807,879
Average equity $100,430
Average loans $719,314
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$149,234
Number of Accounts1
Personal trust and agency accounts$107,610
Employee benefit-defined contribution accounts$32,910
Employee benefit-defined benefit accounts$9,333
Other retirement accounts$0
Corporate trust and agency accounts$11,453
Investment management agency accounts$2
Other fiduciary accounts$47,343
Fiduciary accounts held in foreign offices$1,065
Non-managed Assets$5,504
Number of Accounts554
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$11,453
Employee benefit-defined benefit accounts$0
Other retirement accounts$41,624
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$3,780
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17 Mississippi Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0270The Peoples Bank, Biloxi, MississippiLameuse And Howard Avenues, Biloxi, MS 39533April 13, 1896Full Service Brick and Mortar
1181556D'ibervlle-St. Martin BranchLemoyne Boulevard, Harrison County, MS 39532December 31, 1973Full Service Brick and Mortar
2181557West Biloxi Branch2560 Pass Road, Biloxi, MS 39531July 23, 1979Full Service Brick and Mortar
3181558Ocean Springs BranchU.S. Highway 90, Ocean Springs, MS 39564December 31, 1984Full Service Brick and Mortar
410374Money Center727 Howard Ave, Biloxi, MS 39530June 27, 1944Limited Service Facility
7237551Handsboro-Mississippi City Branch412 Pass Road, Handsboro, MS 39531September 28, 1959Full Service Brick and Mortar
9237553Bay St. Louis Branch408 U.S. Highway 90, Bay Saint Louis, MS 39520August 15, 1966Full Service Brick and Mortar
10237554Orange Grove BranchU.S. Highway 49 And Royal Street, Gulfport, MS 39501October 12, 1973Full Service Brick and Mortar
1246320Downtown Gulfport Branch1105 30th Avenue, Gulfport, MS 39501June 22, 1990Full Service Brick and Mortar
14181560Diamonhead Branch4408 West Aloha Drive, Bay St. Louis, MS 39520May 01, 1992Full Service Brick and Mortar
15181561Saucier Branch17689 Second Street, Saucier, MS 39574June 24, 1999Full Service Brick and Mortar
16181562Wiggins Branch1312 South Magnolia Drive, Wiggins, MS 39577July 27, 1999Full Service Brick and Mortar
19423041Long Beach - Jeff Davis Avenue Branc298 Jeff Davis Avenue, Long Beach, MS 39560August 25, 2003Full Service Brick and Mortar
20432402Waveland Branch470 Highway 90, Waveland, MS 39576October 12, 2004Full Service Brick and Mortar
21433900Cedar Lake Branch1740 Popps Ferry Road, Biloxi, MS 39532January 18, 2005Full Service Brick and Mortar
22458829Gautier Branch2609 Highway 90, Gautier, MS 39553Febuary 12, 2007Full Service Brick and Mortar
23469631Pass Christian Branch301 East Second Street, Pass Christian, MS 39571December 10, 2007Full Service Brick and Mortar
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