# PEOPLES BANK
CLIFTON, TN · FDIC certificate 9489 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. 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 | $445.3M | |
| Deposits | $376.4M | |
| Loans and leases | $360.2M | |
| Total equity | $54.2M | |
| Loans / deposits | 94.84% (p81 of band) | 82.04% |
| Liquid assets / assets | 14.26% (p15 of band) | |
| Uninsured deposits / deposits | 23.15% (p40 of band) | 25.97% |
| Brokered deposits | 3.62% | |
| Wholesale funding | 6.44% (p65 of band) | |
| FHLB advances / assets | 2.81% | |
| Tier 1 leverage | 12.72% (p76 of band) | 10.81% |
| Unrealized securities loss / equity | -3.07% (p72 of band) | -8.10% |
| AOCI / equity | -0.25% (p56 of band) | |
| ROA (annualized) | 1.46% (p62 of band) | 1.28% |
| Net interest margin | 5.11% (p95 of band) | 3.91% |
| Efficiency ratio | 56.55% (p35 of band) | |
| Noncurrent loans | 0.39% (p48 of band) | 0.43% |
| Net charge-offs (annualized) | 0.21% (p92 of band) | |
| Reserve coverage of noncurrent | 235.38% | |
| Real estate % of loans | 64% | |
| Construction % of loans | 104.41% (p88 of band) | |
| Auto loans | $5.1M (1.41% of loans; DQ 5.45%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 9.1% | |
| Employees | 67 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | losing money |  |
| 2011-06 | 0 |  | losing money |
| 2011-09 | 0 |  |  |
| 2011-12 | 2 | capital falling, reserve under noncurrent |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 0 |  | capital falling, reserve under noncurrent |
| 2012-09 | 1 | uninsured deposits leaving |  |
| 2012-12 | 2 | deposits shrinking |  |
| 2013-03 | 4 | charge-offs p90, assets shrinking |  |
| 2013-06 | 1 |  | uninsured deposits leaving, deposits shrinking, assets shrinking |
| 2013-09 | 2 | reserve under noncurrent |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 1 | capital falling | charge-offs p90, reserve under noncurrent |
| 2014-06 | 0 |  | capital falling |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | reserve under noncurrent |  |
| 2015-03 | 2 | charge-offs p90 |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 1 | capital falling | reserve under noncurrent, charge-offs p90 |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 | charge-offs p90 | capital falling |
| 2016-12 | 1 | uninsured deposits leaving | charge-offs p90 |
| 2017-03 | 1 | brokered >10% | uninsured deposits leaving |
| 2017-06 | 2 | wholesale funding >15% |  |
| 2017-09 | 3 | reserve under noncurrent |  |
| 2017-12 | 4 | capital falling |  |
| 2018-03 | 2 |  | reserve under noncurrent, capital falling |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | capital falling |  |
| 2018-12 | 5 | liquid assets <10%, noncurrent p90, reserve under noncurrent | capital falling |
| 2019-03 | 4 |  | liquid assets <10% |
| 2019-06 | 4 | charge-offs p90 | noncurrent p90 |
| 2019-09 | 4 |  |  |
| 2019-12 | 5 | deposits shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2020-03 | 3 |  | charge-offs p90, deposits shrinking |
| 2020-06 | 4 | charge-offs p90 |  |
| 2020-09 | 4 |  |  |
| 2020-12 | 1 |  | wholesale funding >15%, uninsured deposits leaving, charge-offs p90 |
| 2021-03 | 0 |  | brokered >10% |
| 2021-06 | 1 | charge-offs p90 |  |
| 2021-09 | 1 | capital falling | charge-offs p90 |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | capital falling |
| 2022-06 | 1 | construction >100% equity |  |
| 2022-09 | 2 | charge-offs p90 |  |
| 2022-12 | 1 |  | construction >100% equity |
| 2023-03 | 1 | construction >100% equity | charge-offs p90 |
| 2023-06 | 2 | capital falling |  |
| 2023-09 | 1 |  | capital falling |
| 2023-12 | 0 |  | construction >100% equity |
| 2024-03 | 0 |  |  |
| 2024-06 | 1 | construction >100% equity |  |
| 2024-09 | 0 |  | construction >100% equity |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | charge-offs p90 |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | charge-offs p90 |
| 2026-03 | 0 |  |  |
| 2026-06 | 2 | charge-offs p90, construction >100% equity |  |

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

- 2026-07-27 [People Bank of East Tennessee undergoing name change - The Advocate & Democrat](https://news.google.com/rss/articles/CBMilAFBVV95cUxOWlZHcjJxTWFWdG1HSlJUbGpWWHoyMThGUXpsZnZ5QjVJSVZXbUdhbWM0T01qQnByczhPSFlhTlk3QkExWG1FenpxM0UzMWpKd2pFU1VrUTV1OFYwa1lDYkNNWGJ3YktlRkFlUmlCMG81akJGdE1uY3BVNUxhS3VaanN6dzJjQVlQNk8wb2wtS1NoXzVE?oc=5) · The Advocate &amp; Democrat
- 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
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-08-10 [Emerging country music band performs at Peoples Bank Theatre - WTAP](https://news.google.com/rss/articles/CBMilAFBVV95cUxPZlFSR0h0Z1luR19xT3JOZjFlRjlielItTkVIZGYxcVVNV0I2cms0dGlMY051TGFYWEpmODFyLUhfRXZJNlRwVlVBc1lmaFgzeXBZdFJ4bTUzbGNfelNVajNoS2piTmhHdVNrTnVUMTBDd1VicG5vSURVcGRrbnVtaWhPY01iMVNyY1ZrVDkzUzhUUV8z0gGoAUFVX3lxTFA4dGlOTEtQWjRrZTNXUVVYU21KYVZkT0dJRnc5cVdXdWtQMFVSODhtcVpkOW0zNVVlZkJzQy1lWHRFckJrbElmdkJqMUViQkZOeHdOYV9oWW13ZFRVTzVLU0lXYXBxS3c1OFV0WWd2Z2RzdHRhUVdnWFRUVzhuTkZ4WEVTdE5sWkhkandyc2hCei1wWThULWViYUhDWGN2TUpSZUVWUmpHRA?oc=5) · WTAP
- 2026-04-10 [Bankers discuss AI, cybersecurity at annual meeting - Nashville Post](https://news.google.com/rss/articles/CBMi1gFBVV95cUxPajVwM3EzMXlVR1FteXBEd3pWX1VSTEtNM1JLaTItS2V6S0N5eVBwYXF5OE94SFNKaXkwakM2WUIxcVQ2OS1sbURLRDlGZ0xkN3cxUTl2S1ZyNDc5ZEQ3THVEREF2Vk9aZXV3elppRFZOTl9pZTFhRWRPcjBCSnFnc2ZRZGdMdmtRNjRrT3habjRQRW5YcmFiYU45NmVyRW9vU2tBWWlrZ1pieWUzRWRnSTV1d2JtbkxDWFZSaC1ta1JXQVVCMFhxVmJsMWk5Y2gwYjlMTWNR?oc=5) · Nashville Post
- 2026-05-22 [Peoples Bank of the South hosts Chamber Coffee Connection - WLAF](https://news.google.com/rss/articles/CBMihgFBVV95cUxPa1QxNFUybkRpREVEb1VsZ2s3U3lDVElTVmRjRkVONWJJa1R5dFJqbjRLU29rVTZ2OVNvcVEwbUxCN2M3MjVOTkhCSEV4QzBRYVEyWDRBYXRfOXA3NnluS0pBVktNT3J2RXNPUlQ5cmk4RFlwUVZLSFJqZnMxeUJObmtnVDFGdw?oc=5) · WLAF
- 2025-11-12 [The top 20: These are the 2025 Best Banks to Work For - American Banker](https://news.google.com/rss/articles/CBMikgFBVV95cUxPd3BwbUFiYnpleDVsalJSNG5TSkU3X0JJVF9LUFFEMHIxN3ZmOFdXdmljQ0xGRi0wUHdaUGw2eUVtOUxmVWpLYnVrR21UaWlVRnN4b3dkWVdBbWR3cjlwNXlvU2J0ck5QbFdsMFEyMHphRUZmOHJ3bG16aVhkWnhKZWxHWUtqUjRsdm5RN1RodUU2dw?oc=5) · American Banker
- 2024-11-14 [First Commerce Bank to Acquire Peoples Bank of Middle Tennessee, Shelbyville - Shelbyville Times-Gazette](https://news.google.com/rss/articles/CBMirwFBVV95cUxNbGM2SWJNbXhvd3psZzlQaEVOS2FxdlZXUHh6RFdSV1AtaWFCVFZmMGhaQ2dELUY1QVpodUhrNHFhYnRackhsWDJLNGZHYk53ZkxjbVdzQ2xVM3NqS1Rma0wwUzFYTW9zSHN6T0FJTTk5bTBTVHFpdHZ2TlFJMUtrQm0xdk5KNTFnTWM4XzdJb2ZsTzdHU0pGMzVJa0x6NTNBaGVFRE82UkJmcS1OYl8w?oc=5) · Shelbyville Times-Gazette

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9489 (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 "9489", 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