Peoples Bank Mortgage Rates, Fees & Info

Mendenhall, MS

LEI: 54930032OCUOR526IR93

Tax ID: 64-0220470

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Peoples Bank is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. They have a a high proportion of FHA loans. Peoples Bank has an average proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Jackson, Los Angeles, Charleston, Hattiesburg, and Boston among others. We have data for 153 markets. (Some data included below & more in-depth data is available with an active subscription.)

Peoples Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Peoples Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
30 Year Conventional Purchase	6.60%	11/17/24
30 Year Conventional Refi	6.59%	11/17/24
30 Year Cash-out Refi	6.59%	11/17/24
30 Year FHA Purchase	7.41%	11/17/24
30 Year FHA Refi	7.48%	11/17/24
30 Year VA Purchase	6.38%	11/17/24
30 Year USDA Purchase	7.10%	11/17/24
15 Year Conventional Purchase	7.67%	11/17/24
15 Year Conventional Refi	9.72%	11/17/24
15 Year Cash-out Refi	9.72%	11/17/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Peoples Bank Mortgage Calculator

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This is not an official calculator from Peoples Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.

Originations

552

Origination Dollar Volume (All Markets)

$110,070,000

Employee count

127

Awards

Peoples Bank 30 Year Conventional Loans silver

Show all (2) awards

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market	Originations	Total Value	Average Loan	Average Fees	Average Rate
JACKSON, MS (FHA\|USDA\|VA)	120	$18,800,000	$156,667	$3,537	6.04%
Outside of Metro Areas	41	$5,365,000	$130,854	$5,628	5.71%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	10	$5,100,000	$510,000	$11,573	4.10%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	10	$3,150,000	$315,000	$5,986	3.75%
HATTIESBURG, MS (FHA\|USDA\|VA)	38	$2,760,000	$72,632	$1,962	8.08%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	6	$2,670,000	$445,000	$10,791	4.29%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	7	$2,185,000	$312,143	$10,904	4.16%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	10	$2,160,000	$216,000	$9,247	4.51%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	5	$2,075,000	$415,000	$9,761	4.40%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	8	$1,970,000	$246,250	$8,397	4.08%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	7	$1,795,000	$256,429	$9,832	4.21%
JACKSONVILLE, FL (FHA\|USDA\|VA)	8	$1,660,000	$207,500	$6,291	4.27%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	9	$1,645,000	$182,778	$7,876	4.21%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	7	$1,555,000	$222,143	$7,452	3.96%
COLUMBUS, OH (FHA\|USDA\|VA)	6	$1,510,000	$251,667	$7,679	4.25%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	4	$1,500,000	$375,000	$7,298	4.72%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	7	$1,445,000	$206,429	$8,202	4.38%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	7	$1,445,000	$206,429	$7,455	4.16%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	4	$1,430,000	$357,500	$8,444	4.03%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	6	$1,390,000	$231,667	$8,114	4.40%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	3	$1,295,000	$431,667	$4,857	4.00%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	5	$1,275,000	$255,000	$7,411	4.30%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	3	$1,225,000	$408,333	$12,108	4.46%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	4	$1,160,000	$290,000	$7,004	4.56%
MEDFORD, OR (FHA\|USDA\|VA)	4	$1,140,000	$285,000	$8,665	4.19%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	4	$1,090,000	$272,500	$6,815	4.34%
BELLINGHAM, WA (FHA\|USDA\|VA)	2	$1,070,000	$535,000	$6,598	5.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	4	$1,060,000	$265,000	$9,922	4.16%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	3	$1,045,000	$348,333	$11,139	3.96%
LOUISVILLE, KY (FHA\|USDA\|VA)	4	$970,000	$242,500	$8,331	4.22%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	5	$925,000	$185,000	$6,406	4.35%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	5	$895,000	$179,000	$5,926	4.43%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	5	$885,000	$177,000	$6,387	4.85%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	3	$865,000	$288,333	$7,229	3.75%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	2	$850,000	$425,000	$5,312	3.69%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	3	$825,000	$275,000	$8,722	4.63%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	4	$800,000	$200,000	$6,891	4.78%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	6	$780,000	$130,000	$5,839	4.56%
WORCESTER, MA-CT (FHA\|USDA\|VA)	3	$715,000	$238,333	$9,074	4.33%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	2	$660,000	$330,000	$8,732	4.13%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	3	$645,000	$215,000	$6,475	4.08%
WICHITA, KS (FHA\|USDA\|VA)	3	$625,000	$208,333	$8,058	4.63%
Starkville, MS (FHA\|USDA\|VA)	3	$625,000	$208,333	$2,594	8.77%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA\|USDA\|VA)	2	$620,000	$310,000	$10,683	4.56%
LANCASTER, PA (FHA\|USDA\|VA)	3	$615,000	$205,000	$8,944	4.50%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	2	$610,000	$305,000	$7,033	4.25%
MILWAUKEE-WAUKESHA, WI (FHA\|USDA\|VA)	3	$605,000	$201,667	$5,504	5.00%
MANCHESTER-NASHUA, NH (FHA\|USDA\|VA)	2	$530,000	$265,000	$5,529	3.94%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	2	$520,000	$260,000	$8,877	4.88%
BAKERSFIELD, CA (FHA\|USDA\|VA)	2	$520,000	$260,000	$8,535	4.38%
ASHEVILLE, NC (FHA\|USDA\|VA)	1	$475,000	$475,000	$4,130	4.50%
EAST STROUDSBURG, PA (FHA\|USDA\|VA)	3	$445,000	$148,333	$7,702	3.83%
DOVER, DE (FHA\|USDA\|VA)	2	$440,000	$220,000	$6,494	4.38%
EL PASO, TX (FHA\|USDA\|VA)	2	$430,000	$215,000	$6,126	4.19%
RICHMOND, VA (FHA\|USDA\|VA)	2	$410,000	$205,000	$6,475	5.06%
YORK-HANOVER, PA (FHA\|USDA\|VA)	2	$410,000	$205,000	$8,057	4.38%
BILLINGS, MT (FHA\|USDA\|VA)	2	$390,000	$195,000	$6,049	4.19%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	2	$390,000	$195,000	$8,591	4.31%
GRAND RAPIDS-KENTWOOD, MI (FHA\|USDA\|VA)	2	$390,000	$195,000	$6,688	4.94%
VALLEJO, CA (FHA\|USDA\|VA)	1	$385,000	$385,000	$17,372	4.13%
STOCKTON, CA (FHA\|USDA\|VA)	1	$385,000	$385,000	$10,313	5.13%
Tullahoma-Manchester, TN (FHA\|USDA\|VA)	2	$380,000	$190,000	$6,861	4.50%
TULSA, OK (FHA\|USDA\|VA)	2	$380,000	$190,000	$6,683	3.88%
Jackson, WY-ID (FHA\|USDA\|VA)	1	$375,000	$375,000	$11,641	4.13%
GREENSBORO-HIGH POINT, NC (FHA\|USDA\|VA)	2	$360,000	$180,000	$8,792	4.19%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	2	$350,000	$175,000	$9,896	4.75%
CLARKSVILLE, TN-KY (FHA\|USDA\|VA)	2	$330,000	$165,000	$4,553	3.94%
SALEM, OR (FHA\|USDA\|VA)	1	$325,000	$325,000	$12,025	5.13%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	2	$320,000	$160,000	$5,164	4.69%
Rock Springs, WY (FHA\|USDA\|VA)	1	$315,000	$315,000	$12,034	5.00%
OLYMPIA-LACEY-TUMWATER, WA (FHA\|USDA\|VA)	1	$315,000	$315,000	$10,091	3.38%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	2	$310,000	$155,000	$6,128	4.06%
GULFPORT-BILOXI, MS (FHA\|USDA\|VA)	2	$310,000	$155,000	$10,982	6.31%
COLUMBIA, SC (FHA\|USDA\|VA)	2	$300,000	$150,000	$4,442	4.00%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	1	$295,000	$295,000	$3,562	3.50%
PITTSBURGH, PA (FHA\|USDA\|VA)	1	$295,000	$295,000	$5,625	3.38%
Roswell, NM (FHA\|USDA\|VA)	1	$285,000	$285,000	$8,142	4.25%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	1	$265,000	$265,000	$9,873	4.13%
Lexington, NE (FHA\|USDA\|VA)	1	$265,000	$265,000	$8,300	4.63%
SAVANNAH, GA (FHA\|USDA\|VA)	1	$265,000	$265,000	$5,792	3.63%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA\|USDA\|VA)	1	$265,000	$265,000	$9,796	4.00%
BEND, OR (FHA\|USDA\|VA)	1	$255,000	$255,000	$6,537	4.00%
MONROE, MI (FHA\|USDA\|VA)	1	$255,000	$255,000	$10,861	3.88%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA\|USDA\|VA)	1	$255,000	$255,000	$9,700	4.50%
RAPID CITY, SD (FHA\|USDA\|VA)	1	$255,000	$255,000	$8,576	4.13%
UTICA-ROME, NY (FHA\|USDA\|VA)	1	$255,000	$255,000	$12,640	4.63%
REDDING, CA (FHA\|USDA\|VA)	1	$245,000	$245,000	$6,883	3.50%
GAINESVILLE, GA (FHA\|USDA\|VA)	1	$245,000	$245,000	$8,677	4.63%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA\|USDA\|VA)	1	$245,000	$245,000	$9,732	4.13%
ALBANY, GA (FHA\|USDA\|VA)	1	$235,000	$235,000	$7,935	4.63%
HUNTSVILLE, AL (FHA\|USDA\|VA)	1	$235,000	$235,000	$4,006	3.63%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA\|USDA\|VA)	1	$235,000	$235,000	$5,260	3.50%
Whitewater, WI (FHA\|USDA\|VA)	1	$235,000	$235,000	$7,485	4.13%
Tupelo, MS (FHA\|USDA\|VA)	1	$235,000	$235,000	$10,866	5.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	2	$230,000	$115,000	$5,440	4.25%
Baraboo, WI (FHA\|USDA\|VA)	1	$225,000	$225,000	$7,127	5.00%
GREEN BAY, WI (FHA\|USDA\|VA)	1	$225,000	$225,000	$7,262	4.63%
Laurel, MS (FHA\|USDA\|VA)	3	$225,000	$75,000	$4,485	8.13%
AKRON, OH (FHA\|USDA\|VA)	2	$220,000	$110,000	$5,473	4.94%
TERRE HAUTE, IN (FHA\|USDA\|VA)	1	$215,000	$215,000	$8,443	4.13%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	1	$215,000	$215,000	$7,062	4.63%
KNOXVILLE, TN (FHA\|USDA\|VA)	1	$215,000	$215,000	$8,048	4.63%
Elizabeth City, NC (FHA\|USDA\|VA)	1	$215,000	$215,000	$9,965	3.63%
WAUSAU-WESTON, WI (FHA\|USDA\|VA)	1	$215,000	$215,000	$6,934	5.00%
Oxford, MS (FHA\|USDA\|VA)	1	$205,000	$205,000	$1,241	3.63%
Lebanon, NH-VT (FHA\|USDA\|VA)	1	$205,000	$205,000	$6,079	4.50%
SALINAS, CA (FHA\|USDA\|VA)	1	$205,000	$205,000	$9,074	3.63%
ANNISTON-OXFORD, AL (FHA\|USDA\|VA)	1	$205,000	$205,000	$7,612	5.13%
VALDOSTA, GA (FHA\|USDA\|VA)	1	$195,000	$195,000	$6,175	4.50%
Athens, TX (FHA\|USDA\|VA)	1	$195,000	$195,000	$7,869	4.88%
ATHENS-CLARKE COUNTY, GA (FHA\|USDA\|VA)	1	$185,000	$185,000	$6,817	5.00%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	1	$185,000	$185,000	$7,208	4.63%
Corinth, MS (FHA\|USDA\|VA)	1	$185,000	$185,000	$7,191	5.13%
VISALIA, CA (FHA\|USDA\|VA)	1	$185,000	$185,000	$8,580	5.50%
Auburn, NY (FHA\|USDA\|VA)	1	$185,000	$185,000	$7,530	5.50%
ST. CLOUD, MN (FHA\|USDA\|VA)	1	$185,000	$185,000	$7,219	4.00%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	1	$185,000	$185,000	$6,579	5.63%
Thomasville, GA (FHA\|USDA\|VA)	1	$185,000	$185,000	$4,943	4.63%
TOPEKA, KS (FHA\|USDA\|VA)	1	$175,000	$175,000	$6,020	4.00%
Greenwood, MS (FHA\|USDA\|VA)	1	$175,000	$175,000	$7,507	4.50%
HOMOSASSA SPRINGS, FL (FHA\|USDA\|VA)	1	$175,000	$175,000	$7,163	4.13%
ROANOKE, VA (FHA\|USDA\|VA)	1	$175,000	$175,000	$6,394	3.75%
Oneonta, NY (FHA\|USDA\|VA)	1	$165,000	$165,000	$8,314	5.13%
BEAUMONT-PORT ARTHUR, TX (FHA\|USDA\|VA)	1	$165,000	$165,000	$7,043	4.00%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	1	$165,000	$165,000	$5,985	3.63%
FRESNO, CA (FHA\|USDA\|VA)	1	$155,000	$155,000	$5,904	4.38%
DOTHAN, AL (FHA\|USDA\|VA)	1	$155,000	$155,000	$6,388	4.50%
EVANSVILLE, IN-KY (FHA\|USDA\|VA)	1	$145,000	$145,000	$5,879	4.63%
BUFFALO-CHEEKTOWAGA, NY (FHA\|USDA\|VA)	1	$145,000	$145,000	$7,214	4.25%
Klamath Falls, OR (FHA\|USDA\|VA)	1	$135,000	$135,000	$3,469	4.00%
SAGINAW, MI (FHA\|USDA\|VA)	1	$135,000	$135,000	$6,672	5.13%
TUSCALOOSA, AL (FHA\|USDA\|VA)	1	$125,000	$125,000	$5,622	4.50%
HAMMOND, LA (FHA\|USDA\|VA)	5	$125,000	$25,000	$0	11.55%
DES MOINES-WEST DES MOINES, IA (FHA\|USDA\|VA)	1	$125,000	$125,000	$7,273	4.75%
Cedartown, GA (FHA\|USDA\|VA)	1	$115,000	$115,000	$5,552	4.63%
DAYTON-KETTERING, OH (FHA\|USDA\|VA)	1	$115,000	$115,000	$5,829	3.88%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	1	$115,000	$115,000	$5,324	4.25%
FLINT, MI (FHA\|USDA\|VA)	1	$115,000	$115,000	$5,414	4.75%
Vicksburg, MS (FHA\|USDA\|VA)	1	$105,000	$105,000	$5,071	4.63%
Augusta-Waterville, ME (FHA\|USDA\|VA)	1	$105,000	$105,000	$3,518	4.50%
Waycross, GA (FHA\|USDA\|VA)	1	$95,000	$95,000	$4,015	4.50%
FORT WAYNE, IN (FHA\|USDA\|VA)	1	$95,000	$95,000	$5,936	4.13%
ROCHESTER, NY (FHA\|USDA\|VA)	1	$95,000	$95,000	$4,130	5.00%
McAlester, OK (FHA\|USDA\|VA)	1	$95,000	$95,000	$5,270	4.00%
BATON ROUGE, LA (FHA\|USDA\|VA)	4	$90,000	$22,500	$0	11.69%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA\|USDA\|VA)	1	$85,000	$85,000	$5,311	4.13%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	2	$80,000	$40,000	$0	10.95%
Zanesville, OH (FHA\|USDA\|VA)	1	$75,000	$75,000	$5,095	3.88%
New Castle, PA (FHA\|USDA\|VA)	1	$65,000	$65,000	$4,825	4.75%
Mount Airy, NC (FHA\|USDA\|VA)	1	$65,000	$65,000	$4,590	4.25%
MACON-BIBB COUNTY, GA (FHA\|USDA\|VA)	1	$65,000	$65,000	$5,215	4.63%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	11.75%
PANAMA CITY, FL (FHA\|USDA\|VA)	1	$25,000	$25,000	$0	11.75%

Peoples Bank's top markets include Jackson, Los Angeles, Charleston, Hattiesburg, and Boston among others.

Their top states include:

Mississippi (FHA|USDA|VA)

California (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Texas (FHA|USDA|VA)

South Carolina (FHA|USDA|VA)

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Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
FHA	279	$63,025,000	$225,896	$8,170	4.36%
Conventional	198	$28,310,000	$142,980	$2,849	6.98%
VA	52	$15,390,000	$295,962	$6,861	4.14%
USDA	23	$3,345,000	$145,435	$4,539	4.29%

For 2019, Peoples Bank's most frequently originated type of loan was FHA, with 279 originations. Their 2nd most popular type was Conventional, with 198 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	287	$51,195,000	$178,380	$6,894	5.50%
Cash Out Refi	134	$32,820,000	$244,925	$7,761	4.33%
Refi	102	$24,300,000	$238,235	$5,178	5.36%
Home Improvement	22	$1,060,000	$48,182	$2,633	7.28%
Other	7	$695,000	$99,286	$3,612	6.59%

For 2019, Peoples Bank's most frequently cited loan purpose was Home Purchase, with 287 originations. The 2nd most popular reason was Cash Out Refi, with 134 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	363	$88,775,000	$244,559	$7,313	4.33%
15 Year	79	$7,635,000	$96,646	$3,852	7.52%
10 Year	35	$1,985,000	$56,714	$2,127	7.52%
20 Year	29	$6,085,000	$209,828	$5,909	5.01%
Other	26	$2,920,000	$112,308	$4,329	7.00%
5 Year	15	$1,345,000	$89,667	$1,268	7.90%
1 Year	3	$465,000	$155,000	$0	7.17%
3 Year	2	$860,000	$430,000	$0	7.83%

For 2019, Peoples Bank's most frequently cited loan duration was 30 Year, with 363 originations. The 2nd most popular length was 15 Year, with 79 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	221	$48,535,000	$219,615
$<1k	95	$13,655,000	$143,737
$2k-3k	76	$18,660,000	$245,526
$3k-4k	26	$8,270,000	$318,077
$4k-5k	20	$6,270,000	$313,500
$5k+	13	$4,655,000	$358,077

Peoples Bank's average total fees were $7,313, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 221 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
4-5%	222	$52,210,000	$235,180
3-4%	146	$37,180,000	$254,658
Over 8%	65	$3,385,000	$52,077
5-6%	52	$9,270,000	$178,269
7-8%	39	$4,055,000	$103,974
6-7%	26	$3,440,000	$132,308
2.5-3%	2	$530,000	$265,000

During 2019, Peoples Bank's average interest rate for loans was 4.33%, while their most frequently originated rate bucket for loans was 4-5%, with 222 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	214	$59,180,000	$276,542	$8,232	4.37%
$100k-200k	155	$22,945,000	$148,032	$5,806	4.84%
$100,000 or less	143	$7,235,000	$50,594	$3,155	7.36%
$400k-600k	31	$14,315,000	$461,774	$7,798	4.26%
$600k-1MM	9	$6,395,000	$710,556	$11,143	4.84%

2019 saw Peoples Bank place emphasis on $200k-400k loans with 214 originations, totaling $59,180,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	137	$37,165,000	$271,277	$8,235	4.78%
$50k-75k	115	$16,785,000	$145,957	$5,631	5.17%
$75k-100k	109	$22,275,000	$204,358	$7,346	4.68%
$50k or less	95	$7,255,000	$76,368	$3,990	6.75%
$150k-250k	47	$14,105,000	$300,106	$8,205	4.96%
$250k+	11	$2,945,000	$267,727	$7,352	5.68%

Peoples Bank lent most frequently to those with incomes in the $100k-150k range, with 137 originations. The second most popular income band? $50k-75k, with 115 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	126	$24,080,000	$191,111	$6,941	5.28%
30-36%	99	$20,785,000	$209,949	$7,261	4.91%
<20%	57	$7,675,000	$134,649	$5,561	6.13%
36%	25	$5,215,000	$208,600	$6,963	5.05%
37%	25	$4,525,000	$181,000	$6,651	4.91%
39%	23	$4,485,000	$195,000	$5,332	5.09%
40%	20	$4,070,000	$203,500	$7,696	5.73%
42%	17	$3,985,000	$234,412	$6,566	4.82%
41%	17	$4,015,000	$236,176	$5,164	4.83%
38%	15	$2,975,000	$198,333	$5,495	5.53%
45%	14	$3,340,000	$238,571	$8,051	4.50%
46%	12	$3,840,000	$320,000	$9,229	4.48%
47%	12	$2,300,000	$191,667	$6,807	4.64%
44%	12	$2,700,000	$225,000	$7,421	4.90%
43%	10	$2,130,000	$213,000	$5,729	4.84%
48%	9	$1,985,000	$220,556	$7,693	4.39%
50-60%	8	$320,000	$40,000	$1,087	8.90%
>60%	7	$815,000	$116,429	$1,102	7.93%
49%	5	$1,055,000	$211,000	$7,617	4.13%

Peoples Bank lent most frequently to those with DTI ratios of 20-30%, with 126 originations. The next most common DTI ratio? 30-36%, with 99 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	390	$81,200,000	$208,205	$6,672	4.98%
Black	104	$16,250,000	$156,250	$6,153	6.26%
Not applicable	24	$4,380,000	$182,500	$0	6.82%
Not provided	15	$3,715,000	$247,667	$8,991	4.35%
Asian	10	$2,940,000	$294,000	$9,563	5.08%
American Indian	7	$1,115,000	$159,286	$5,860	4.27%
Filipino	1	$345,000	$345,000	$10,241	4.63%
Native Hawaiian or Islander	1	$125,000	$125,000	$6,579	4.00%

Approval Rates

Total approvals of all applications
83.88%

Peoples Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
72.83%

Peoples Bank has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	552	$110,070,000	$199,402

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Manufactured	1	$125,000	$125,000
Multifamily:Site-Built	6	$880,000	$146,667
Single Family (1-4 Units):Manufactured	45	$1,855,000	$41,222
Single Family (1-4 Units):Site-Built	500	$107,210,000	$214,420

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	27	$3,155,000	$116,852	$4,631	7.18%
40-60%	60	$8,640,000	$144,000	$5,866	6.14%
60-80%	157	$31,115,000	$198,185	$6,280	5.57%
80-100%	283	$63,585,000	$224,682	$7,096	4.65%
Over 100%	14	$2,310,000	$165,000	$8,793	5.67%
Under 20%	11	$1,265,000	$115,000	$1,084	7.28%

Complaints

Bank Name	Product	Issue	2019 CPFB Complaints	% of Total Issues
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION	Conventional home mortgage	Struggling to pay mortgage	3	21.4%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION	Conventional home mortgage	Trouble during payment process	4	28.6%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION	Home equity loan or line of credit (HELOC)	Applying for a mortgage or refinancing an existing mortgage	1	7.1%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION	Home equity loan or line of credit (HELOC)	Closing on a mortgage	1	7.1%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION	Home equity loan or line of credit (HELOC)	Struggling to pay mortgage	2	14.3%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION	Home equity loan or line of credit (HELOC)	Trouble during payment process	1	7.1%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION	Other type of mortgage	Trouble during payment process	2	14.3%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Peoples Bank	129 Center Street Richland, MS 39218	Full Service B&M	$11,139
Peoples Bank	160 E. Maud Avenue Mendenhall, MS 39114	Full Service B&M	$129,980
Peoples Bank	165 West Jackson Avenue Mendenhall, MS 39114	Full Service B&M	$32,870
Peoples Bank	611 Fifth Avenue Magee, MS 39111	Full Service B&M	$63,919
Peoples Bank	710 Main Street, Suite 30 Collins, MS 39428	Full Service B&M	$43,264

For 2019, Peoples Bank had 5 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$18,804
Net interest income	$15,284
Total noninterest income	$8,887
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$1,573
Trading account gains and fees	$0
Additional Noninterest Income	$7,314
Pre-tax net operating income	$7,795
Securities gains (or losses, -)	$72
Income before extraordinary items	$7,867
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$7,867
Minority interest net income	$0
Net income	$7,867
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$7,795

Peoples Bank's gross interest income from loans was $18,804,000.
Peoples Bank's net interest income from loans was $15,284,000.
Peoples Bank's fee based income from loans was $1,573,000.
Peoples Bank's net income from loans was $7,867,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$3,520
Provision for credit losses	$1,124
Total noninterest expense	$15,252
Salaries and employee benefits	$10,061
Premises and equipment expense	$1,228
Additional noninterest expense	$3,963
Applicable income taxes	$0
Net charge-offs	$1,057
Cash dividends	$6,240

Peoples Bank's interest expense for loans was $3,520,000.
Peoples Bank's payroll and benefits expense were $10,061,000.
Peoples Bank's property, plant and equipment expenses $1,228,000.

Loan Performance

Type of Loan	% of Loans Noncurrent (30+ days, end of period snapshot)
All loans	3.0%
Real Estate loans	4.0%
Construction & Land Development loans	0.0%
Nonfarm, nonresidential loans	5.0%
Multifamily residential loans	0.0%
1-4 family residential loans	6.0%
HELOC loans	0.0%
All other family	6.0%
Commercial & industrial loans	1.0%
Personal loans	1.0%
Credit card loans	0.0%
Other individual loans	1.0%
Auto loans	2.0%
Other consumer loans	1.0%
Unsecured commercial real estate loans	0.0%

Deposits

Type	Value (in 000's)
Total deposits	$274,080
Deposits held in domestic offices	$274,080
Deposits by Individuals, partnerships, and corporations	$224,288
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$20,590
Deposits by Commercial banks and other depository institutions in U.S.	$29,202
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$102,525
Demand deposits	$46,037
Nontransaction accounts	$171,555
Money market deposit accounts (MMDAs)	$21,593
Other savings deposits (excluding MMDAs)	$18,739
Total time deposits	$131,224
Total time and savings deposits	$228,043
Noninterest-bearing deposits	$46,127
Interest-bearing deposits	$227,953
Retail deposits	$260,580
IRAs and Keogh plan accounts	$14,201
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$309,299
Cash & Balances due from depository institutions	$15,774
Interest-bearing balances	$9,895
Total securities	$34,184
Federal funds sold & reverse repurchase	$0
Net loans and leases	$243,971
Loan and leases loss allowance	$3,120
Trading account assets	$0
Bank premises and fixed assets	$2,742
Other real estate owned	$3,467
Goodwill and other intangibles	$0
All other assets	$9,161

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$309,299
Total Liabilities	$277,659
Total deposits	$274,080
Interest-bearing deposits	$227,953
Deposits held in domestic offices	$274,080
% insured (estimated)	$86
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$2,919
Subordinated debt	$0
All other liabilities	$660

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$243,971
Loan and leases loss allowance	$3,120
Total loans and leases (domestic)	$247,091
All real estate loans	$184,595
Real estate loans in domestic offices	$184,595
Construction and development loans	$5,685
Residential 1-4 family construction	$4,090
Other construction, all land development and other land	$1,595
Loans secured by nonfarm nonresidential properties	$67,994
Nonfarm nonresidential secured by owner-occupied properties	$60,943
Commercial real estate & other non-farm, non-residential	$7,051
Multifamily residential real estate	$4,354
1-4 family residential loans	$53,414
Farmland loans	$53,148
Loans held in foreign offices	$0
Farm loans	$10,909
Commercial and industrial loans	$37,495
To non-U.S. addressees	$0
Loans to individuals	$12,620
Credit card loans	$0
Related Plans	$73
Consumer Auto Loans	$2,623
Other loans to individuals	$9,924
All other loans & leases	$1,894
Loans to foreign governments and official institutions	$0
Other loans	$604
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$0
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$2,758
Non 1-4 family restructured loans & leases	$2,758
Total loans and leases (foreign)	$0

Peoples Bank had $243,971,000 of loans outstanding in 2019. $184,595,000 of loans were in real estate loans. $5,685,000 of loans were in development loans. $4,354,000 of loans were in multifamily mortgage loans. $53,414,000 of loans were in 1-4 family mortgage loans. $10,909,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,623,000 of loans were in the auto loan category.

Small Business Loans

Categorization	# of Loans in Category	$ amount of loans (in 000's)	Average $/loan
Nonfarm, nonresidential loans - <$1MM	327	$42,223	$129,122
Nonfarm, nonresidential loans - <$100k	178	$5,161	$28,994
Nonfarm, nonresidential loans - $100-250k	61	$6,543	$107,262
Nonfarm, nonresidential loans - $250k-1MM	88	$30,519	$346,807
Commercial & Industrial, US addressed loans - <$1MM	926	$28,958	$31,272
Commercial & Industrial, US addressed loans - <$100k	834	$13,583	$16,287
Commercial & Industrial, US addressed loans - $100-250k	58	$6,369	$109,810
Commercial & Industrial, US addressed loans - $250k-1MM	34	$9,006	$264,882
Farmland loans - <$1MM	466	$29,551	$63,414
Farmland loans - <$100k	319	$9,186	$28,796
Farmland loans - $100-250k	103	$9,921	$96,320
Farmland loans - $250k-1MM	44	$10,444	$237,364
Agriculture operations loans - <$1MM	304	$8,165	$26,859
Agriculture operations loans - <$100k	285	$5,048	$17,712
Agriculture operations loans - $100-250k	12	$1,237	$103,083
Agriculture operations loans - $250k-1MM	7	$1,880	$268,571