Peoples Bank of the South
La Follette, Tennessee · FDIC Cert #4945
Peoples Bank of the South is an FDIC-insured bank (Certificate #4945) with $215M in total assets and $174M in total deposits as of the Q2 2024 Call Report. Headquartered in La Follette, Tennessee, the bank maintains a Tier 1 capital ratio of 15.98% (Well-Capitalized) and a nonperforming loan ratio of 0.66%. BankHealthData assigns a composite Health Grade of A (84/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Peoples Bank of the South (FDIC cert 4945) is a community bank — $215M in total assets, $174M in deposits, serving the La Follette, Tennessee area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 15.98% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 0.66% 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: 17.7% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is strong: return on assets of 2.51% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Peoples Bank of the South carries a composite BankHealth grade of A (84/100) 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 Bank of the South
- Total Assets
- $215M
- Total Deposits
- $174M
- Tier 1 Capital Ratio
- 15.98%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.66%
- Liquidity Ratio
- 17.71%
- Return on Assets
- 2.51%
- Headquarters
- La Follette, Tennessee
- FDIC Certificate
- #4945
- Health Grade
- A (84/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Peoples Bank of the South holds a Tier 1 capital ratio of 15.98%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Peoples Bank of the South has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Peoples Bank of the South shows strong financial health indicators. With $215M in assets and a Health Score of 84/100, 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 Bank of the South Compares
Peoples Bank of the South’s Health Score of 84 is 14 points above the Tennessee state average of 70 across 95 FDIC-insured banks. Its 15.98% Tier 1 capital ratio is 2.0 points above the US banking industry average near 14%. The 0.66% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 2.51% is in line with or above the national ROA benchmark of ~1.1%. Among 1535 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, Peoples Bank of the South is 14 points above the portfolio average of 70.
Frequently Asked Questions
Peoples Bank of the South has a Bank Health Score of A (84/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 15.98%, 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 Bank of the South's Tier 1 capital ratio of 15.98% and nonperforming loan ratio of 0.66% 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 Bank of the South is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #4945). 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 Bank of the South holds $215M in total assets and $174M in total deposits. It is headquartered in La Follette, Tennessee (FDIC Certificate #4945).
Peoples Bank of the South has a Tier 1 capital ratio of 15.98%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.66%, and the return on assets is 2.51%.
Yes. Peoples Bank of the South is FDIC-insured (Certificate #4945). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Peoples Bank of the South'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.