Peoples Bank of the South
BankRegReports is independent of Peoples Bank of the South and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Peoples Bank of the South is an FDIC-insured commercial bank headquartered in Lafollette, TN, established in 1917 (FDIC certificate 4945), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $232.0M, up 3.0% from Q2 2025, the 84th largest of 109 banks headquartered in Tennessee. Its CET1 capital ratio was 16.49% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 4945
- Headquarters
- Lafollette, TN
- Established
- 1917
- Total assets, Q2 2026
- $232.0M
- Assets vs Q2 2025
- +3.0%
- CET1 ratio, Q2 2026
- 16.49%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 064206031
- Latest call report
- Q2 2026, FFIEC 051 · Peoples Bank of the South call report
- Asset rank in state
- 84th of 109 in Tennessee
Peoples Bank of the South is one of the more profitable banks of its size. The Lafollette, Tennessee bank had $232 million in assets at June 30, 2026, up 3.0% from a year earlier. It earns about $3.09 a year on every $100 of assets, 2.4 times the median of $1.28 for the 2,627 banks with $100 million to $1 billion in assets. It also spends about 41 cents to bring in each dollar of revenue, lower than about 9 in 10 banks its size (median 61 cents).
Loans are outrunning deposits: over the year loans rose 9.0% and deposits rose 1.4%. Problem loans, meaning loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.85% of loans from 0.61% a year earlier. Concentration is the risk to watch: it holds commercial real estate loans worth 2.8 times its capital, 2.4 times the median of 1.2 times for banks its size.
As of June 30, 2026, Peoples Bank of the South reported a CET1 capital ratio of 16.49%, a return on assets of 3.09%, a nonperforming-loan ratio of 0.85% and a Texas ratio of 5.74%. The figures come from its call report filed with the FFIEC.
Peoples Bank of the South ranks as the 84th largest of the 109 banks based in Tennessee, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 0.2% to $232.0M, loans rose 3.5% and deposits rose 0.6%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 43.2% of total loans, ahead of non-owner-occupied commercial real estate loans at 21.5%. Its 3 offices in the FDIC Summary of Deposits are in La Follette, TN and Clinton, TN; its La Follette 2 offices book 83% of its branch deposits. Judged on its Q2 2026 call report, Peoples Bank of the South meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 106 W Central Ave, Lafollette, TN 37766
- County
- Campbell
- Metro Area
- Knoxville, TN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1917
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 32
- Domestic deposits
- $190.5M
- Allowance for credit losses
- $2.0M
- Net charge-offs (YTD)
- $1K
- Average total assets
- $229.9M
- Average total loans
- $195.6M
- Average interest-bearing deposits
- $135.5M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 4945
- Fed RSSD
- 277736
- Website
- www.peoplesbanksouth.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Peoples Bank of the South's total assets ranged from $213.2M (Q3 2023) to $232.0M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$232.0M total assets against $225.3M; $204.3M total liabilities against $199.8M.
$198.4M net loans and leases against $181.8M; $190.5M total deposits against $187.9M.
$13.3M securities against $19.3M; $15.6M cash and balances due against $19.3M.
$4.1M total interest income against $4.0M; $983K total interest expense against $1.1M.
$3.1M net interest income against $2.9M.
$166K total noninterest income against $143K; $1.3M total noninterest expense against $1.3M.
No provision recorded in the last 12 quarters.
$1.8M net income against $1.6M.
3.09% return on assets against 2.91%; 5.50% net interest margin against 5.26%.
16.49% CET1 capital ratio against 16.13%; 12.43% tier 1 leverage ratio against 11.96%.
Inside the full Peoples Bank of the South terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Peoples Bank of the South rankings
Its closest position to the top of a national ranking is 65 of 3,611, for ROA; its furthest is 2,792 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 2.37% (Q4 2024) to 3.14% (Q1 2026) and its net interest margin ran from 5.12% (Q4 2024) to 5.74% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 16.49% | 3.09% | 0.85% | 5.74% | 5.50% |
| Q1 2026 | 17.71% | 3.14% | 0.80% | 5.40% | 5.32% |
| Q4 2025 | 15.52% | 2.45% | 0.53% | 3.69% | 5.74% |
| Q3 2025 | 17.81% | 2.60% | 0.70% | 4.75% | 5.68% |
| Q2 2025 | 16.13% | 2.91% | 0.61% | 4.11% | 5.26% |
| Q1 2025 | 17.42% | 2.88% | 0.47% | 3.22% | 5.20% |
| Q4 2024 | 15.48% | 2.37% | 0.94% | 6.44% | 5.12% |
| Q3 2024 | 17.38% | 2.43% | 0.55% | 3.87% | 5.19% |
Swipe the table sideways to see every column.
Branch Network
View all 3 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Peoples Bank of the South (main office) | La Follette , TN | 37766 | $128.2M |
| Norris-Clinton Branch | Clinton , TN | 37716 | $32.5M |
| Jacksboro Branch | La Follette , TN | 37766 | $29.8M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in TN, rank 118 of 165 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Peoples Bank of the South’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Peoples Bank of the South
What are Peoples Bank of the South's total assets?
As of the Q2 2026 filing, Peoples Bank of the South reported total assets of $232.0 million in its FFIEC call report.
Where is Peoples Bank of the South headquartered?
It is headquartered in Lafollette, TN, United States.
When was Peoples Bank of the South founded?
It was established in 1917, per the FDIC institution directory.
Is Peoples Bank of the South FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #4945). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Peoples Bank of the South?
Peoples Bank of the South's primary federal regulator is the FDIC.
What is Peoples Bank of the South's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 16.49% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Peoples Bank of the South operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Peoples Bank of the South's Texas Ratio?
Its Texas Ratio is 5.74% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
Go deeper on Peoples Bank of the South.
Get an email when Peoples Bank of the South files its next call report, and benchmark it against any peer you choose.
Unlock Peoples Bank of the South, freeFree account