Peoples B&T Co of Hazard
Hazard, Kentucky · FDIC Cert #8117
Peoples B&T Co of Hazard is an FDIC-insured bank (Certificate #8117) with $324M in total assets and $298M in total deposits as of the Q2 2024 Call Report. Headquartered in Hazard, Kentucky, the bank maintains a Tier 1 capital ratio of 11.75% (Well-Capitalized) and a nonperforming loan ratio of 1.89%. BankHealthData assigns a composite Health Grade of B (67/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Peoples B&T Co of Hazard (FDIC cert 8117) is a community bank — $324M in total assets, $298M in deposits, serving the Hazard, Kentucky area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 11.75% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is normal: non-performing loan ratio of 1.89% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 22.3% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is solid: ROA of 0.80% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Peoples B&T Co of Hazard carries a composite BankHealth grade of B (67/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Peoples B&T Co of Hazard
- Total Assets
- $324M
- Total Deposits
- $298M
- Tier 1 Capital Ratio
- 11.75%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.89%
- Liquidity Ratio
- 22.33%
- Return on Assets
- 0.80%
- Headquarters
- Hazard, Kentucky
- FDIC Certificate
- #8117
- Health Grade
- B (67/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Peoples B&T Co of Hazard holds a Tier 1 capital ratio of 11.75%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Peoples B&T Co of Hazard has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Peoples B&T Co of Hazard shows strong financial health indicators. With $324M in assets and a Health Score of 67/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Peoples B&T Co of Hazard Compares
Peoples B&T Co of Hazard’s Health Score of 67 is 5 points below the Kentucky state average of 72 across 103 FDIC-insured banks. Its 11.75% Tier 1 capital ratio is 2.2 points below the US banking industry average near 14%. The 1.89% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.80% is below the national ROA benchmark of ~1.1%. Among 1587 similarly-sized banks, the average Health Score is 69, meaning this bank ranks below its size cohort. Site-wide, Peoples B&T Co of Hazard is 3 points below the portfolio average of 70.
Frequently Asked Questions
Peoples B&T Co of Hazard has a Bank Health Score of B (67/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 11.75%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Peoples B&T Co of Hazard's Tier 1 capital ratio of 11.75% and nonperforming loan ratio of 1.89% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Peoples B&T Co of Hazard is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #8117). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Peoples B&T Co of Hazard holds $324M in total assets and $298M in total deposits. It is headquartered in Hazard, Kentucky (FDIC Certificate #8117).
Peoples B&T Co of Hazard has a Tier 1 capital ratio of 11.75%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.89%, and the return on assets is 0.80%.
Yes. Peoples B&T Co of Hazard is FDIC-insured (Certificate #8117). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Peoples B&T Co of Hazard's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.