# PEOPLES BANK OF THE SOUTH
LA FOLLETTE, TN · FDIC certificate 4945 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $232.0M | |
| Deposits | $190.5M | |
| Loans and leases | $200.4M | |
| Total equity | $27.7M | |
| Loans / deposits | 104.17% (p94 of band) | 73.59% |
| Liquid assets / assets | 12.45% (p7 of band) | |
| Uninsured deposits / deposits | 25.60% (p70 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.60% (p74 of band) | |
| FHLB advances / assets | 5.60% | |
| Tier 1 leverage | 12.43% (p57 of band) | 11.76% |
| Unrealized securities loss / equity | -3.27% (p64 of band) | -6.57% |
| AOCI / equity | 0.37% (p93 of band) | |
| ROA (annualized) | 3.10% (p96 of band) | 1.17% |
| Net interest margin | 5.46% (p96 of band) | 3.93% |
| Efficiency ratio | 39.91% (p3 of band) | |
| Noncurrent loans | 0.85% (p67 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p54 of band) | |
| Reserve coverage of noncurrent | 117.63% | |
| Real estate % of loans | 96% | |
| Construction % of loans | 132.90% (p97 of band) | |
| Auto loans | $742,000 (0.37% of loans; DQ 1.08%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.4% | |
| Employees | 32 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **construction >100% equity** (`conc_construction`)

## 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 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | noncurrent p90 |  |
| 2012-09 | 2 | uninsured deposits leaving | noncurrent p90 |
| 2012-12 | 2 |  |  |
| 2013-03 | 3 | deposits shrinking |  |
| 2013-06 | 1 |  | uninsured deposits leaving, deposits shrinking |
| 2013-09 | 3 | capital falling, charge-offs p90 |  |
| 2013-12 | 4 | noncurrent p90 |  |
| 2014-03 | 2 |  | capital falling, charge-offs p90 |
| 2014-06 | 3 | uninsured deposits leaving |  |
| 2014-09 | 6 | loans exceed deposits, liquid assets <10%, deposits shrinking, assets shrinking | uninsured deposits leaving |
| 2014-12 | 5 | charge-offs p90 | deposits shrinking, assets shrinking |
| 2015-03 | 3 |  | loans exceed deposits, charge-offs p90 |
| 2015-06 | 4 | loans exceed deposits |  |
| 2015-09 | 4 |  |  |
| 2015-12 | 4 |  |  |
| 2016-03 | 4 |  |  |
| 2016-06 | 3 |  | liquid assets <10% |
| 2016-09 | 1 |  | noncurrent p90, loans exceed deposits |
| 2016-12 | 2 | capital falling |  |
| 2017-03 | 3 | noncurrent p90 |  |
| 2017-06 | 2 |  | capital falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 4 | loans exceed deposits, liquid assets <10%, construction >100% equity | noncurrent p90 |
| 2018-03 | 4 | noncurrent p90 | liquid assets <10% |
| 2018-06 | 5 | liquid assets <10% |  |
| 2018-09 | 5 | capital falling | liquid assets <10% |
| 2018-12 | 3 |  | construction >100% equity, capital falling |
| 2019-03 | 2 |  | loans exceed deposits |
| 2019-06 | 4 | capital falling, construction >100% equity |  |
| 2019-09 | 5 | loans exceed deposits |  |
| 2019-12 | 2 |  | capital falling, construction >100% equity, loans exceed deposits |
| 2020-03 | 4 | loans exceed deposits, construction >100% equity |  |
| 2020-06 | 4 | capital falling | noncurrent p90 |
| 2020-09 | 3 |  | loans exceed deposits |
| 2020-12 | 2 |  | construction >100% equity |
| 2021-03 | 3 | construction >100% equity |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 2 |  | capital falling |
| 2021-12 | 1 |  | reserve under noncurrent |
| 2022-03 | 3 | capital falling, reserve under noncurrent |  |
| 2022-06 | 1 |  | capital falling, reserve under noncurrent |
| 2022-09 | 2 | reserve under noncurrent |  |
| 2022-12 | 1 |  | reserve under noncurrent |
| 2023-03 | 3 | capital falling, charge-offs p90 |  |
| 2023-06 | 2 |  | charge-offs p90 |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | capital falling |
| 2024-03 | 3 | loans exceed deposits, uninsured deposits leaving |  |
| 2024-06 | 1 |  | loans exceed deposits, uninsured deposits leaving |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | loans exceed deposits |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 2 |  |  |

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

- 2026-05-22 [Peoples Bank of the South hosts Chamber Coffee Connection - WLAF](https://news.google.com/rss/articles/CBMihgFBVV95cUxPa1QxNFUybkRpREVEb1VsZ2s3U3lDVElTVmRjRkVONWJJa1R5dFJqbjRLU29rVTZ2OVNvcVEwbUxCN2M3MjVOTkhCSEV4QzBRYVEyWDRBYXRfOXA3NnluS0pBVktNT3J2RXNPUlQ5cmk4RFlwUVZLSFJqZnMxeUJObmtnVDFGdw?oc=5) · WLAF
- 2026-06-05 [Bullard was baptized on check day 69 years ago at Peoples Bank - WLAF](https://news.google.com/rss/articles/CBMijAFBVV95cUxON3QzaHR5cmpjN2s1UkttMXU3WkJYQTRoR1Q3aUNfMXlrdnJJX0FTS1p5QVlQMnQyME8tdWZNVjJlVHp1ajEtQ0M0cWo3UklLNzdDY055Y0FJUjlUcWRPVDBIcXIxdzR2U3RLZXVBcGNrMXJlMVFFZ3k3ZjlCY3Ywd1dyYzJKZGJyME5QLQ?oc=5) · WLAF
- 2026-01-06 [Earl Chapman Obituary Jan 6, 2026 - Martin Wilson Funeral Home](https://news.google.com/rss/articles/CBMicEFVX3lxTFBENlY3cHh2c1hhRi02TzBCQjM3SngzczdBZ3ptWml5a3B1UWtVSmFrRXNpTEoxdzJWT3MtdGpQeENnWUJaRC0yLU1QSEJtT01jUFVlUE11RGI4NXVyQ3hhWF9VYmw5T05fS29lR0pDWDc?oc=5) · Martin Wilson Funeral Home
- 2022-04-26 [Peoples Bank of the South vice president and loan officer David Hickman speaking with U.S. Rep. Chuck Fleischmann. - The Mountain Press](https://news.google.com/rss/articles/CBMiiwJBVV95cUxQM1dKSDBCMmF1dHE2ZzR3QXNhRExWZEs4VmNyeXZGelA3TUFnRldlTmlGUVFyc29yMU4tVExPbUtlemE3ZkJTZ3h4V1VWR1d5Wno5aS1FOVZiZHZTZVEwRkVLd25LTUE3dUZZN3pTdlpDUFRyOTF1WDMyZVU4ZDR6aVZuUmZ0b1QtSG5GSkhIQUtJU0F5R1NjVWZhSlhlQ19yVUl6SmpXbzRlLUtLQWk4S05nNldSSEtITXdqWmVRR2dvMmNXSTBwQ2J3clBXZ2FCemFMWmRLUm56LWJSbFZPYXJ3NkI5SS14MWx3RVE3bHpaSTNVSGRPOEtaZ1NQT2ZXWlY4RlNXVXk0X0k?oc=5) · The Mountain Press
- 2025-09-15 [Barsha Lynn (Rouse) Ammons Obituary (2025) - LaFollette, TN - Walters Funeral Home, LLC - LaFollette - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPM21UY0NJam1WeFlIOU1HTHh0cEc2ZF9USWVtN0wzNVVkM0F4RFpvN1R2UHl1aWRrendiS1VuU2RZdzNheE1OUjdqWDdKalFnUWpYa1lYUjAyUHM3MDBWdllxMzRmZ0JzY0NYSVBTRktBV05rRHNJY0R2VFVUUjFvR2pR?oc=5) · legacy.com
- 2021-12-26 [John T. (Jack) Reynolds Obituary - Knoxville News Sentinel](https://news.google.com/rss/articles/CBMiWEFVX3lxTFBaRFQxSExqSnFyZ0duNnhBVTFyWGNQaHZQOTd1OEZZN0wtb3g3NVc5SzhTbkFxWWIyUGF1bzFCcno3NWZFNTMzeDJUamdpRU9nTFVqU3JrNTg?oc=5) · Knoxville News Sentinel
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2019-12-31 [Hickman retires from Peoples Bank of the South - WLAF](https://news.google.com/rss/articles/CBMid0FVX3lxTE1oZXlzQ1A1TGYtSHF5bGdpZ0E1aUVQcUdIcVhyMy1FMG12VzRoY1JMZElWck1XTmlfLVVGaUFXQ2ZMOV9fVUdMVjN0M25MWWZTOVYwcC1aVHR5UHRyMnQ3d3J1akU4R01EZVZfR0MtS0xTeHpNejl3?oc=5) · WLAF

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=4945 (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/17.json (key "4945", 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