Peoples Bank: how it compares with its peers
Against 48 TN banks with half to twice its assets, Peoples Bank's strongest measure in Q2 2026 is net interest margin (5.11% vs. a 3.99% peer median). Its weakest relative measure is assets per employee ($6.6M vs. $6.4M).
| Measure | Peoples Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.46% | 1.05% | Top third Ahead of 71% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.11% | 3.99% | Top third Ahead of 96% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 56.55% | 67.28% | Top third Ahead of 69% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.6M | $6.4M | Middle third Ahead of 60% of peers |
| Loans to deposits Net loans and leases over total deposits. | 94.84% | 82.75% | Context |
What it means for lending operations
Its efficiency ratio of 56.55% is better than the 67.28% 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 of East Tennessee Madisonville, TN · $456M
- Coffee County Bank Manchester, TN · $428M
- Heritage Bank & Trust Columbia, TN · $418M
- First Vision Bank of Tennessee Tullahoma, TN · $414M
- Bank of Frankewing Frankewing, TN · $413M
Questions about Peoples Bank
How big is Peoples Bank?
Peoples Bank, established in 1890, is headquartered in Clifton, TN. It reported $445M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Peoples Bank's return on assets?
1.46% annualized in Q2 2026, against a 1.05% median for 48 TN banks with half to twice its assets, ahead of 71% of them.
What is Peoples Bank's efficiency ratio?
56.55% in Q2 2026: it spent about 57 cents in noninterest expense for each dollar of revenue. The peer median is 67.28%, and lower is better.
Is Peoples Bank growing its loans?
Net loans grew 20.4% over the year to Q2 2026, while deposits grew 9.1%.
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.