# PEOPLES BANK OF ALABAMA
CULLMAN, AL · FDIC certificate 22537 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.42B | |
| Deposits | $1.27B | |
| Loans and leases | $923.0M | |
| Total equity | $143.7M | |
| Loans / deposits | 71.46% (p18 of band) | 87.10% |
| Liquid assets / assets | 31.47% (p78 of band) | |
| Uninsured deposits / deposits | 46.49% (p86 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.19% (p64 of band) | 10.50% |
| Unrealized securities loss / equity | -17.07% (p25 of band) | -7.75% |
| AOCI / equity | -0.90% (p21 of band) | |
| ROA (annualized) | 1.93% (p85 of band) | 1.26% |
| Net interest margin | 4.60% (p89 of band) | 3.70% |
| Efficiency ratio | 61.38% (p58 of band) | |
| Noncurrent loans | 0.56% (p53 of band) | 0.51% |
| Net charge-offs (annualized) | 0.06% (p65 of band) | |
| Reserve coverage of noncurrent | 288.19% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 38.60% (p41 of band) | |
| Auto loans | $2.6M (0.28% of loans; DQ 0.73%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | -1.4% | |
| Employees | 281 | |

## Flags firing in the latest filing

- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 4 | capital falling, losing money, expense ratio p90 |  |
| 2012-03 | 1 |  | capital falling, losing money, expense ratio p90 |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 0 |  | reserve under noncurrent |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 2 | capital falling, charge-offs p90 |  |
| 2015-06 | 0 |  | capital falling, charge-offs p90 |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 2 | losing money, charge-offs p90 |  |
| 2017-12 | 3 | capital falling |  |
| 2018-03 | 2 | uninsured deposits leaving | losing money, capital falling |
| 2018-06 | 1 |  | uninsured deposits leaving |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | charge-offs p90 |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 0 |  | capital falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | uninsured deposits >50% |  |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 2 |  | uninsured deposits >50% |
| 2022-12 | 4 | uninsured deposits >50%, charge-offs p90 |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity, charge-offs p90 |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 1 |  | securities losses >30% of equity |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 | uninsured deposits leaving | uninsured deposits >50% |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2022-06-02 [Chuck Herndon named president of Peoples Bank of Alabama - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxQZnYtOFdoMV96bFBBeUhvd2VGSmRBRG1rbmVpckdMUVE5bVRTTEVtNXRFZGYyRFZTWFdlMkJ1bnRMbjZrb1k0VmlNeEszakxNQnN3VVFfY09ucWo3NE85N0JDaVFmdG0yX3BOY3p0S0t3YkZJWGNHWDcwY1FoNzUxM2FUb1NDYy1OZmMydDMwUTljcERkR3drOXBZMmJiNEdTdnJhcDN3?oc=5) · The Business Journals
- 2021-02-22 [Peoples Bank of Alabama (AL) Review | Review, Fees, Offerings - SmartAsset](https://news.google.com/rss/articles/CBMijAFBVV95cUxNOXFsR1lHS2VYeklqUGRjVUxIOHYxT3pocHlZRDN6UkotVUNSOWVlUFBQenRrVXZoMTljSThkbS1wY0k1d2l5QmVWUG9vX0VhWl81RDJJUDBJNTdyaGdCX2tCZXpDSVhsMWhTdzBzSDU3MGFkOUY0WHVoT2VsS1dFSktLeXJOUnotMTZTbg?oc=5) · SmartAsset
- 2022-09-02 [Three Progress Bank Staff Graduate From Alabama Banking School - Huntsville Business Journal](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNZ3VIV0NnV01UWWwwVnZHVGpnUERwd3hZMHFpb0FNbHZBTzN3MlYxbWJOWk1CUWNjUnNDX21pcG1ncWFEX3N0R2dkOFBiWFhoVlpvMG5BTXAxM1BMT2xwZlNUTUdvRUZubWlQanhWLWZ1UXlHc25wQUVLWk00dlVjZnJHTC13OXRLY3JpVWwzQjFSWm9YWVFqZXJZQ2ZiUW1PMG1XWVFfbF8zZS1rZVVycG13cFVYV2ZB?oc=5) · Huntsville Business Journal
- 2021-10-21 [Rising Stars in Alabama banking - Business Alabama Magazine](https://news.google.com/rss/articles/CBMibEFVX3lxTE5YTGNkQkJLUHNxVlZwdXpGV2FCLWlJUFV0RExIUEh4YndWNGo3OVYxekhUTmtBUXFvdkxmcXNYcWZRSDM0WVRVVlllaHNDZi1yXzlSNm5NMUhKUExpOUh6T3JCUmJIYzFhS09NUw?oc=5) · Business Alabama Magazine
- 2019-02-22 [Peoples Bank of Alabama merges with Generations Bank, banking app now available to all customers - AL.com](https://news.google.com/rss/articles/CBMie0FVX3lxTFBDTzg4YTVEUXhCb1FjUDk3MkdZT2MzVnlCQ2k0QlROZV94U1ZWdjJtWG5qbFFaRjF2dmE1OWlMTzRnSVk5b2tBUlQ4dk5nTDl0U1pfbHUwaHZxaGxQeEFoTDM2VWc4cXYtdVVjNWtUckVIN0h3Tk05anVVQQ?oc=5) · AL.com
- 2024-06-28 [Fairhope's David Meredith joins Alabama Bankers Association board - Gulf Coast Media](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPY2h4VnEtdzlOSTJsVW01QlZlOFJ4UEFaQ1N6QzE3M1MwdVoteWRUbFRiRHl0UHo5a1hsNFRPd3hXOENkcUlRVG9VRDh5MnpxU2g5S2pfMUlHUVBKU3BIWnBvb2NSVjVnb3I2bXp2V0JwNFptc25qV3ItbDhBck1MOVEzb19Ba1JfamxTa0V6ZkI0aHBiQ053aDI1YU9Va29hV1hSNUZNczNwUQ?oc=5) · Gulf Coast Media
- 2025-07-04 [Wayne Carden announces candidacy for Ohatchee Town Council Place 5 seat - The Anniston Star](https://news.google.com/rss/articles/CBMi9wFBVV95cUxPSGJqRDFIdlhPVmdfbG4zM193WWRQWkFEcl9OSW81RnlSWUhzc0dXVFE5QjJPRTVCUXctczB6QTRJTnlCb1dTM29jUVZZd2tIVVRVTXhTa2hrS05ROTB4MFhtOGVGUXNnandkbWR3Z0k5eHNtSXpEN0lZNFREQWZUTkNjdzVtTDFKNEtCaVhfT2lmQjBvNTJvb1dKUzdYY3BKc0szNEtqZ2J1WGpueU9aRVZaTkxYYVo3RTluV3FQVDVxbktKVEJ0d2NqdjRscFBCUG1sQXNqcFhlazlrQlNOdURzVXJ5WTJhNFBTTWNNM1VCSVlWUDJz?oc=5) · The Anniston Star
- 2015-04-07 [A new direction leads to success and service for Gwen Parker - The Cullman Times](https://news.google.com/rss/articles/CBMingFBVV95cUxPZXNuMElOd0R1Znc5UjBPVlJMMHNMcFJoVGZLdzY5ZWtqYWU2RUVEX1cxY1RvZkdOZDNsWW5LVnlzcWo0YVMxeGdVS3JTX29wSi1sTk1OdGt0REhGYVQtd3RnQnRoZmNjRGZ5WlRkN2dVYzh2ZS1PYmMwamoyUUNNVzhfY0wwQjVPUEZQZnFfUUQtMFRZblRhUUpGNDBaUQ?oc=5) · The Cullman Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=22537 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/9.json (key "22537", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide