Peoples Bank of East Tennessee: how it compares with its peers
Against 47 TN banks with half to twice its assets, Peoples Bank of East Tennessee's strongest measure in Q2 2026 is net interest margin (5.09% vs. a 4.00% peer median). Its weakest relative measure is assets per employee ($4.3M vs. $6.5M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.53% | 1.09% | Top third Ahead of 74% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.09% | 4.00% | Top third Ahead of 94% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.35% | 66.67% | Middle third Ahead of 55% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.3M | $6.5M | Bottom third Ahead of 2% of peers |
| Loans to deposits Net loans and leases over total deposits. | 75.93% | 84.64% | Context |
What it means for lending operations
Its efficiency ratio of 63.35% is better than the 66.67% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Patriot Bank Millington, TN · $451M
- Peoples Bank Clifton, TN · $445M
- Coffee County Bank Manchester, TN · $428M
- Bank3 Memphis, TN · $492M
- Heritage Bank & Trust Columbia, TN · $418M
- First Vision Bank of Tennessee Tullahoma, TN · $414M
Questions about Peoples Bank of East Tennessee
How big is Peoples Bank of East Tennessee?
Peoples Bank of East Tennessee, established in 1997, is headquartered in Madisonville, TN. It reported $456M in total assets in its Q2 2026 FDIC call report and operates 12 offices.
What is Peoples Bank of East Tennessee's return on assets?
1.53% annualized in Q2 2026, against a 1.09% median for 47 TN banks with half to twice its assets, ahead of 74% of them.
What is Peoples Bank of East Tennessee's efficiency ratio?
63.35% in Q2 2026: it spent about 63 cents in noninterest expense for each dollar of revenue. The peer median is 66.67%, and lower is better.
Is Peoples Bank of East Tennessee growing its loans?
Net loans grew 15.7% over the year to Q2 2026, while deposits grew 4.2%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are TN banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Tennessee bank ranked.