Peoples Bank Mortgage Rates, Fees & Info

Marietta, OH

LEI: I70W3N0Z6KOX8FYIH023

Tax ID: 31-1278433

5 stars - out of 5 stars, based on 49 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Peoples Bank is a smaller bank specializing in Cash Out Refi, Home Purchase, and Refi loans. Peoples Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Cincinnati, Marietta, Parkersburg, Columbus, and Cambridge among others. Peoples Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Peoples Bank is typically a low fee lendor.


Originations

2,370

Origination Dollar Volume (All Markets)

$299,500,000

Employee count

1,188 Show all (15) awards

Relative Rate

Peoples Bank's average 30 year fixed rate mortgage of loans were 3.29%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.14%.

Relative Fees

Peoples Bank's average total fees for a 30 year fixed rate mortgage are $3,030.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 303 $45,335,000 $149,620 $2,939 3.33%
Outside of Metro Areas 414 $43,220,000 $104,396 $2,840 3.34%
Marietta, OH (FHA|USDA|VA) 275 $30,815,000 $112,055 $3,189 3.20%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 260 $30,090,000 $115,731 $3,292 3.26%
COLUMBUS, OH (FHA|USDA|VA) 124 $19,790,000 $159,597 $3,086 3.24%
Cambridge, OH (FHA|USDA|VA) 135 $15,235,000 $112,852 $2,569 3.33%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 136 $14,170,000 $104,191 $2,502 3.48%
Portsmouth, OH (FHA|USDA|VA) 123 $13,675,000 $111,179 $2,849 3.30%
AKRON, OH (FHA|USDA|VA) 78 $8,820,000 $113,077 $2,557 3.30%
DAYTON-KETTERING, OH (FHA|USDA|VA) 46 $7,280,000 $158,261 $2,951 3.31%
Point Pleasant, WV-OH (FHA|USDA|VA) 70 $6,270,000 $89,571 $2,948 3.41%
Zanesville, OH (FHA|USDA|VA) 53 $6,115,000 $115,377 $2,912 3.28%
Wilmington, OH (FHA|USDA|VA) 58 $5,680,000 $97,931 $2,418 3.40%
Coshocton, OH (FHA|USDA|VA) 52 $5,170,000 $99,423 $3,298 3.26%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 17 $4,915,000 $289,118 $2,847 3.18%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 16 $4,590,000 $286,875 $3,609 2.95%
Athens, OH (FHA|USDA|VA) 46 $4,310,000 $93,696 $2,787 3.42%
Jackson, OH (FHA|USDA|VA) 36 $4,130,000 $114,722 $2,742 3.43%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 8 $2,610,000 $326,250 $3,418 2.81%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $2,585,000 $2,585,000 $11,023 3.25%
CHARLESTON, WV (FHA|USDA|VA) 17 $2,515,000 $147,941 $2,919 3.65%
MORGANTOWN, WV (FHA|USDA|VA) 5 $2,465,000 $493,000 $3,577 2.90%
Mount Vernon, OH (FHA|USDA|VA) 15 $1,845,000 $123,000 $2,876 3.16%
RICHMOND, VA (FHA|USDA|VA) 2 $1,490,000 $745,000 $4,374 3.69%
CANTON-MASSILLON, OH (FHA|USDA|VA) 8 $1,280,000 $160,000 $3,091 3.44%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,190,000 $595,000 $5,869 3.44%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $1,150,000 $575,000 $3,845 4.06%
WHEELING, WV-OH (FHA|USDA|VA) 11 $1,125,000 $102,273 $1,881 3.98%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $13,842 2.88%
New Philadelphia-Dover, OH (FHA|USDA|VA) 7 $1,025,000 $146,429 $3,040 3.20%
Chillicothe, OH (FHA|USDA|VA) 10 $980,000 $98,000 $2,327 3.39%
Frankfort, KY (FHA|USDA|VA) 2 $790,000 $395,000 $5,017 3.06%
Mount Sterling, KY (FHA|USDA|VA) 5 $725,000 $145,000 $3,170 3.03%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $590,000 $295,000 $2,709 2.88%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $545,000 $545,000 $5,133 3.25%
KNOXVILLE, TN (FHA|USDA|VA) 1 $535,000 $535,000 $4,009 2.63%
Sidney, OH (FHA|USDA|VA) 1 $475,000 $475,000 $4,443 2.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $445,000 $445,000 $6,015 2.88%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $445,000 $445,000 $4,618 4.25%
Fairmont, WV (FHA|USDA|VA) 1 $435,000 $435,000 $3,401 3.38%
Wooster, OH (FHA|USDA|VA) 2 $430,000 $215,000 $2,372 3.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $385,000 $385,000 $3,068 3.25%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $325,000 $325,000 $0 4.25%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $305,000 $305,000 $4,432 3.00%
MANSFIELD, OH (FHA|USDA|VA) 3 $295,000 $98,333 $2,153 3.69%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $235,000 $235,000 $5,191 3.00%
SPRINGFIELD, OH (FHA|USDA|VA) 2 $210,000 $105,000 $3,482 3.69%
Georgetown, SC (FHA|USDA|VA) 1 $195,000 $195,000 $3,210 2.88%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 1 $175,000 $175,000 $2,591 2.75%
Washington Court House, OH (FHA|USDA|VA) 1 $175,000 $175,000 $3,095 3.50%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $155,000 $155,000 $4,124 2.88%
Clarksburg, WV (FHA|USDA|VA) 1 $145,000 $145,000 $3,338 3.00%
Mount Gay-Shamrock, WV (FHA|USDA|VA) 2 $110,000 $55,000 $0 3.75%
Greenville, OH (FHA|USDA|VA) 1 $95,000 $95,000 $4,523 2.50%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $85,000 $85,000 $2,443 2.50%
Maysville, KY (FHA|USDA|VA) 1 $85,000 $85,000 $2,763 2.88%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $75,000 $75,000 $3,188 4.25%
Ashland, OH (FHA|USDA|VA) 1 $65,000 $65,000 $0 3.00%
Urbana, OH (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.75%

Peoples Bank's top markets include Cincinnati, Marietta, Parkersburg, Columbus, and Cambridge among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,327 $293,225,000 $126,010 $2,884 3.32%
FHA 29 $4,055,000 $139,828 $5,690 2.81%
USDA 13 $1,925,000 $148,077 $5,119 3.04%
VA 1 $295,000 $295,000 $5,154 2.63%

For the 2021 period, Peoples Bank's most frequently originated loan type of loans were Conventional, with 2,327 originations. Their 2nd most popular type is FHA, with 29 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Cash Out Refi 669 $81,655,000 $122,055 $3,032 3.24%
Home Purchase 624 $102,950,000 $164,984 $3,012 3.35%
Home Improvement 470 $26,590,000 $56,574 $2,099 3.61%
Refi 404 $73,410,000 $181,708 $2,915 2.82%
Other 203 $14,895,000 $73,374 $2,575 3.70%

For the 2021, Peoples Bank's most frequently cited loan purpose of loans were Cash Out Refi, with 669 originations. The 2nd most popular reason of loans were Home Purchase, with 624 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
10 Year 1,069 $80,945,000 $75,720 $2,461 3.54%
30 Year 815 $142,055,000 $174,301 $3,030 3.29%
15 Year 340 $47,960,000 $141,059 $2,907 2.70%
20 Year 129 $21,295,000 $165,078 $2,912 3.22%
Other 11 $3,095,000 $281,364 $3,093 2.80%
5 Year 6 $4,150,000 $691,667 $0 4.08%

For the 2021, Peoples Bank's most frequently cited loan length of loans were 10 Year, with 1,069 originations. The 2nd most popular length of loans were 30 Year, with 815 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 894 $149,950,000 $167,729
$<1k 405 $57,045,000 $140,852
$2k-3k 28 $6,220,000 $222,143
$3k-4k 12 $3,420,000 $285,000
$5k+ 1 $195,000 $195,000

$3,030 of loans were Peoples Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 894 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,038 $127,790,000 $123,112
2.5-3% 774 $112,960,000 $145,943
4-5% 228 $21,680,000 $95,088
<2.5% 215 $30,265,000 $140,767
5-6% 78 $5,120,000 $65,641
6-7% 37 $1,685,000 $45,541

During 2021, Peoples Bank's average interest rate of loans were 3.29%, while their most frequently originated rate bucket of loans were 3-4%, with 1,038 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 1,220 $66,010,000 $54,107 $2,524 3.45%
$100k-200k 798 $111,590,000 $139,837 $2,988 3.20%
$200k-400k 277 $73,575,000 $265,614 $3,367 3.07%
$400k-600k 47 $22,375,000 $476,064 $3,676 3.17%
$600k-1MM 21 $15,815,000 $753,095 $4,642 3.21%
$1MM+ 7 $10,135,000 $1,447,857 $9,130 3.00%

2021 saw Peoples Bank place emphasis on $100,000 or less loans with 1,220 originations, totaling $66,010,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 622 $46,930,000 $75,450 $2,521 3.34%
$50k-75k 621 $64,045,000 $103,132 $2,971 3.31%
$100k-150k 402 $59,170,000 $147,189 $3,091 3.24%
$75k-100k 366 $41,390,000 $113,087 $3,148 3.30%
$150k-250k 167 $31,655,000 $189,551 $3,242 3.27%
$250k+ 95 $37,865,000 $398,579 $4,271 3.24%

Peoples Bank lent most frequently to those with incomes in the $50k or less range, with 622 originations. The second most popular income band? $50k-75k, with 621 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 694 $85,390,000 $123,040 $2,950 3.27%
30-36% 478 $55,290,000 $115,669 $2,955 3.37%
<20% 362 $49,870,000 $137,762 $2,952 3.22%
42% 122 $11,660,000 $95,574 $2,770 3.30%
37% 95 $12,265,000 $129,105 $2,926 3.51%
41% 94 $11,480,000 $122,128 $3,178 3.38%
38% 94 $10,100,000 $107,447 $2,615 3.53%
40% 87 $10,145,000 $116,609 $2,954 3.26%
39% 87 $10,945,000 $125,805 $2,979 3.42%
36% 75 $8,635,000 $115,133 $2,806 3.30%
43% 37 $4,915,000 $132,838 $3,135 3.19%
44% 28 $3,870,000 $138,214 $3,273 3.17%
45% 22 $3,810,000 $173,182 $3,683 3.11%
47% 21 $3,145,000 $149,762 $3,089 3.05%
49% 16 $2,340,000 $146,250 $3,586 2.97%
46% 13 $2,035,000 $156,538 $3,018 3.01%
48% 12 $2,160,000 $180,000 $2,982 3.02%
50-60% 9 $1,125,000 $125,000 $4,076 3.46%
>60% 1 $215,000 $215,000 $1,122 3.50%

Peoples Bank lent most frequently to those with DTI ratios of 20-30%, with 694 originations. The next most common DTI ratio? 30-36%, with 478 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,161 $263,695,000 $122,025 $2,959 3.30%
Not provided 124 $16,600,000 $133,871 $3,610 3.39%
Not applicable 23 $10,105,000 $439,348 $0 4.10%
Asian 21 $3,995,000 $190,238 $2,623 2.88%
Black 27 $3,955,000 $146,481 $2,444 3.57%
American Indian 11 $875,000 $79,545 $2,947 4.13%
Asian Indian 2 $220,000 $110,000 $4,065 3.50%
Native Hawaiian 1 $55,000 $55,000 $0 3.25%

Approval Rates

Total approvals of all applications
82.53%

Peoples Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
80.19%

Peoples Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,370 $299,500,000 $126,371

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,370 $299,500,000 $126,371

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 461 $30,975,000 $67,191 $2,621 3.44%
40-60% 422 $55,250,000 $130,924 $2,894 3.08%
60-80% 597 $110,175,000 $184,548 $3,102 3.15%
80-100% 547 $90,885,000 $166,152 $2,976 3.35%
Under 20% 343 $12,215,000 $35,612 $1,315 3.65%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Closing on a mortgage 2 15.4%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Struggling to pay mortgage 2 15.4%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 4 30.8%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Trouble during payment process 2 15.4%
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION Other type of mortgage Trouble during payment process 3 23.1%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Peoples Bank 118 N Market St Waverly, OH 45690 Full Service B&M $13,336
Peoples Bank 1180 North 21st Street Newark, OH 43055 Full Service B&M $15,700
Peoples Bank 120 North Main Street Baltimore, OH 43105 Full Service B&M $63,065
Peoples Bank 124 Gross Street Marietta, OH 45750 Full Service B&M $61,601
Peoples Bank 1 North Court Street Athens, OH 45701 Full Service B&M $31,323
Peoples Bank 101 5th Avenue Huntington, WV 25701 Full Service B&M $89,948
Peoples Bank 101 Canewood Center Drive Georgetown, KY 40324 Full Service B&M $2,296
Peoples Bank 101 East A Street Wellston, OH 45692 Full Service B&M $55,115
Peoples Bank 101 Harry Sauner Road Hillsboro, OH 45133 Full Service B&M $25,409
Peoples Bank 1066 Hebron Road Heath, OH 43056 Full Service B&M $8,437
Peoples Bank 1102 Grand Central Avenue Vienna, WV 26105 Full Service B&M $46,565
Peoples Bank 112 Lynn Street Pomeroy, OH 45769 Limited, Drive-thru $0
Peoples Bank 115 Court Street Pomeroy, OH 45769 Full Service B&M $73,793
Peoples Bank 2904 Pike Street Parkersburg, WV 26101 Full Service B&M $34,726
Peoples Bank 300 Main Street Lowell, OH 45744 Full Service B&M $45,807
Peoples Bank 3108 Maple Avenue Zanesville, OH 43701 Full Service B&M $38,487
Peoples Bank 311 North Arnold Avenue Prestonsburg, KY 41653 Full Service B&M $87,031
Peoples Bank 332 Second Street Marietta, OH 45750 Full Service B&M $50,381
Peoples Bank 3340 Greenwich Road Norton, OH 44203 Full Service B&M $21,946
Peoples Bank 3411 Emerson Avenue Parkersburg, WV 26104 Full Service B&M $34,525
Peoples Bank 347 East James Hannah Drive South Shore, KY 41175 Full Service B&M $0
Peoples Bank 349 Third Avenue Gallipolis, OH 45631 Full Service B&M $37,483
Peoples Bank 38 Tirangle Street Martin, KY 41649 Full Service B&M $49,622
Peoples Bank 415 Main Street Caldwell, OH 43724 Full Service B&M $140,795
Peoples Bank 421 Main Street Point Pleasant, WV 25550 Full Service B&M $99,517
Peoples Bank 43 South Main Street Munroe Falls, OH 44262 Full Service B&M $24,391
Peoples Bank 452 West Main Street Mount Orab, OH 45154 Full Service B&M $82,367
Peoples Bank 48 North South Street Wilmington, OH 45177 Full Service B&M $92,079
Peoples Bank 503 Chillicothe Street Portsmouth, OH 45662 Full Service B&M $99,639
Peoples Bank 505 East Main Street Lancaster, OH 43130 Full Service B&M $39,390
Peoples Bank 556 Wheeling Avenue Cambridge, OH 43725 Full Service B&M $48,817
Peoples Bank 590 East Main Street Jackson, OH 45640 Full Service B&M $23,270
Peoples Bank 601 N Mayo Trail Paintsville, KY 41240 Full Service B&M $30,690
Peoples Bank 6210 Snider Road Mason, OH 45040 Full Service B&M $18,849
Peoples Bank 6284 Rivers Bend Drive Maineville, OH 45039 Full Service B&M $16,377
Peoples Bank 655 West Central Avenue Carlisle, OH 45005 Full Service B&M $47,036
Peoples Bank 6601 U.S. Route 60 Ashland, KY 41102 Full Service B&M $32,244
Peoples Bank 68 South Kennebec Avenue Mcconnelsville, OH 43756 Full Service B&M $42,014
Peoples Bank 7110 Bachman Road Sardinia, OH 45171 Full Service Retail $21,425
Peoples Bank 910 Columbus Avenue Lebanon, OH 45036 Full Service Retail $36,187
Peoples Bank 95 Edgebrook Drive Springboro, OH 45066 Full Service B&M $49,400
Peoples Bank 951 Canal Street Nelsonville, OH 45764 Full Service B&M $40,428
Peoples Bank 9813 Montgomery Road Montgomery, OH 45242 Full Service B&M $22,904
Peoples Bank 1871 State Road Cuyahoga Falls, OH 44221 Full Service B&M $26,255
Peoples Bank 1902 Washington Boulevard Belpre, OH 45714 Full Service B&M $116,217
Peoples Bank 1999 Winchester Avenue Ashland, KY 41101 Full Service B&M $38,789
Peoples Bank 20 Sandhill Road Reno, OH 45773 Full Service B&M $47,165
Peoples Bank 200 Main Street Coshocton, OH 43812 Full Service B&M $142,966
Peoples Bank 201 East Main Street Batavia, OH 45103 Full Service B&M $65,988
Peoples Bank 207 Main Street New Martinsville, WV 26155 Full Service B&M $102,948
Peoples Bank 221 S 2nd Street Byesville, OH 43723 Full Service B&M $63,244
Peoples Bank 2211 West Fair Avenue Lancaster, OH 43130 Full Service B&M $45,386
Peoples Bank 230 East Mountain Parkway Salyersville, KY 41465 Full Service B&M $23,012
Peoples Bank 244 West Main Street Williamsburg, OH 45176 Full Service B&M $33,987
Peoples Bank 24400 Chagrin Boulevard, Suite 100 Beachwood, OH 44122 Full Service B&M $188,609
Peoples Bank 262 Cassidy Boulevard Pikeville, KY 41501 Full Service B&M $23,977
Peoples Bank 7114 Miami Avenue Madeira, OH 45243 Full Service B&M $10,174
Peoples Bank 726 Wells Street Sistersville, WV 26175 Full Service B&M $19,568
Peoples Bank 735 Lila Avenue Milford, OH 45150 Full Service B&M $37,703
Peoples Bank 7920 Ohio River Rd Wheelersburg, OH 45694 Full Service B&M $42,343
Peoples Bank 801 East State Street Athens, OH 45701 Full Service B&M $47,391
Peoples Bank 826 Franklin Road Waynesville, OH 45068 Full Service B&M $29,758
Peoples Bank 838 North Arnold Avenue Prestonsburg, KY 41653 Full Service B&M $20,257
Peoples Bank 845 Wheeling Avenue Cambridge, OH 43725 Full Service B&M $199,174
Peoples Bank 87 Main Street Inez, KY 41224 Full Service B&M $20,919
Peoples Bank 885 South Main Street Georgetown, OH 45121 Full Service B&M $79,093
Peoples Bank 900 Diederich Boulevard Russell, KY 41169 Full Service B&M $29,573
Peoples Bank 903 Division Street Parkersburg, WV 26101 Full Service B&M $43,740
Peoples Bank 907 Chillicothe Street Portsmouth, OH 45662 Full Service B&M $19,671
Peoples Bank 125 West Main Street Blanchester, OH 45107 Full Service B&M $44,748
Peoples Bank 1344 Rombach Avenue Wilmington, OH 45177 Full Service B&M $64,564
Peoples Bank 1345 Yauger Road Mount Vernon, OH 43050 Full Service B&M $15,469
Peoples Bank 135 North Howard Street Sabina, OH 45169 Full Service B&M $42,238
Peoples Bank 138 Putnam Street Marietta, OH 45750 Limited, Drive-thru $0
Peoples Bank 138 Putnam Street Marietta, OH 45750 Full Service Cyber Office $17
Peoples Bank 138 Putnam Street Marietta, OH 45750 Full Service B&M $553,462
Peoples Bank 1400 East Second Street Franklin, OH 45005 Full Service B&M $29,083
Peoples Bank 141 West Main Street New Vienna, OH 45159 Full Service B&M $17,800
Peoples Bank 158 East Cuyahoga Falls Avenue Akron, OH 44310 Full Service B&M $45,103
Peoples Bank 1627 Ashland Road Greenup, KY 41144 Full Service B&M $30,324

For 2021, Peoples Bank had 80 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $184,545
Net interest income $172,660
Total noninterest income $71,615
Gross Fiduciary activities income $10,490
Service charges on deposit accounts $9,426
Trading account gains and fees $543
Additional Noninterest Income $51,156
Pre-tax net operating income $64,670
Securities gains (or losses, -) $-813
Income before extraordinary items $51,640
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $51,640
Minority interest net income $0
Net income $51,640
Sale, conversion, retirement of capital stock, net $0
Net operating income $52,298

Peoples Bank's gross interest income from loans was $184,545,000.
Peoples Bank's net interest income from loans was $172,660,000.
Peoples Bank's fee based income from loans was $9,426,000.
Peoples Bank's net income from loans was $51,640,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $11,885
Provision for credit losses $79
Total noninterest expense $179,526
Salaries and employee benefits $91,167
Premises and equipment expense $14,916
Additional noninterest expense $73,443
Applicable income taxes $12,217
Net charge-offs $4,693
Cash dividends $29,000

Peoples Bank's interest expense for loans was $11,885,000.
Peoples Bank's payroll and benefits expense were $91,167,000.
Peoples Bank's property, plant and equipment expenses $14,916,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 1.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 1.0%
Multifamily residential loans 0.0%
1-4 family residential loans 1.0%
HELOC loans 0.0%
All other family 1.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 19.3%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $5,880,354
Deposits held in domestic offices $5,880,354
Deposits by Individuals, partnerships, and corporations $5,158,177
Deposits by U.S. Government $274,632
Deposits by States and political subdivisions in the U.S. $384,247
Deposits by Commercial banks and other depository institutions in U.S. $63,298
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $374,179
Demand deposits $123,635
Nontransaction accounts $5,506,175
Money market deposit accounts (MMDAs) $3,810,829
Other savings deposits (excluding MMDAs) $1,045,226
Total time deposits $650,120
Total time and savings deposits $5,756,719
Noninterest-bearing deposits $1,641,738
Interest-bearing deposits $4,238,616
Retail deposits $5,657,317
IRAs and Keogh plan accounts $133,870
Brokered deposits $104,745
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $7,057,211
Cash & Balances due from depository institutions $395,752
Interest-bearing balances $321,460
Total securities $1,648,475
Federal funds sold & reverse repurchase $17,903
Net loans and leases $4,415,214
Loan and leases loss allowance $67,471
Trading account assets $12,219
Bank premises and fixed assets $97,569
Other real estate owned $9,496
Goodwill and other intangibles $296,491
All other assets $164,092

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $7,057,211
Total Liabilities $6,223,046
Total deposits $5,880,354
Interest-bearing deposits $4,238,616
Deposits held in domestic offices $5,880,354
% insured (estimated) $70
Federal funds purchased and repurchase agreements $112,028
Trading liabilities $17,183
Other borrowed funds $149,499
Subordinated debt $0
All other liabilities $63,982

Issued Loan Types

Type Value (in 000's)
Net loans and leases $4,415,214
Loan and leases loss allowance $67,471
Total loans and leases (domestic) $4,482,685
All real estate loans $2,696,668
Real estate loans in domestic offices $2,696,668
Construction and development loans $211,454
Residential 1-4 family construction $14,131
Other construction, all land development and other land $197,323
Loans secured by nonfarm nonresidential properties $1,251,670
Nonfarm nonresidential secured by owner-occupied properties $581,105
Commercial real estate & other non-farm, non-residential $670,565
Multifamily residential real estate $99,582
1-4 family residential loans $1,091,234
Farmland loans $42,728
Loans held in foreign offices $0
Farm loans $10,031
Commercial and industrial loans $999,308
To non-U.S. addressees $0
Loans to individuals $635,187
Credit card loans $357
Related Plans $797
Consumer Auto Loans $508,144
Other loans to individuals $125,889
All other loans & leases $141,491
Loans to foreign governments and official institutions $0
Other loans $756
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 $14,744
Non 1-4 family restructured loans & leases $5,370
Total loans and leases (foreign) $0

Peoples Bank had $4,415,214,000 of loans outstanding in 2021. $2,696,668,000 of loans were in real estate loans. $211,454,000 of loans were in development loans. $99,582,000 of loans were in multifamily mortgage loans. $1,091,234,000 of loans were in 1-4 family mortgage loans. $10,031,000 of loans were in farm loans. $357,000 of loans were in credit card loans. $508,144,000 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 1,789 $355,130 $198,508
Nonfarm, nonresidential loans - <$100k 475 $16,749 $35,261
Nonfarm, nonresidential loans - $100-250k 574 $61,590 $107,300
Nonfarm, nonresidential loans - $250k-1MM 740 $276,791 $374,042
Commercial & Industrial, US addressed loans - <$1MM 10,952 $349,552 $31,917
Commercial & Industrial, US addressed loans - <$100k 9,442 $87,438 $9,261
Commercial & Industrial, US addressed loans - $100-250k 795 $77,323 $97,262
Commercial & Industrial, US addressed loans - $250k-1MM 715 $184,791 $258,449
Farmland loans - <$1MM 241 $32,402 $134,448
Farmland loans - <$100k 98 $3,132 $31,959
Farmland loans - $100-250k 76 $9,256 $121,789
Farmland loans - $250k-1MM 67 $20,014 $298,716
Agriculture operations loans - <$1MM 165 $10,030 $60,788
Agriculture operations loans - <$100k 129 $2,008 $15,566
Agriculture operations loans - $100-250k 21 $2,059 $98,048
Agriculture operations loans - $250k-1MM 15 $5,963 $397,533