Peoples Bank & Trust Company
Wartburg, TN · Owner: Plateau Bancshares Inc
$24.4M
total assets, September 30, 1984
$24.4M
total assets, September 30, 1984
Peoples Bank & Trust Company was a state nonmember bank in Wartburg, TN, owned by Plateau Bancshares Inc. It failed on Feb 8, 1985, and Citizens BANK&TRUST Co took over its deposits. At its last report it held $24.4 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1984
This bank failed
- Failed on
- Feb 8, 1985
- Assets
- $24.4M
- Deposits
- $23.1M
- Estimated cost
- $6.3M
- Deposits went to
- Citizens BANK&TRUST Co, Wartburg, TN
Total assets
$24.4M
vs a year before: - · +70.7% in a quarter
Deposits
$23.1M
vs a year before: - · +65.7% in a quarter
Loans
$15.4M
vs a year before: - · +85.6% in a quarter
Profit so far
-$266K
Jan 1 to Sep 30, 1984
Capital ratio
4.87%
Return on assets
-2.10%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- Courthouse Square, Wartburg, TN, 37887
- County
- Morgan
- Holding company
- Plateau Bancshares Inc
- Established
- May 26, 1926
- Failed
- Feb 8, 1985
- Employees
- 24
- Id
- b2393
Quarter by quarter
March 31, 1984 to September 30, 1984
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 3
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Peoples Bank & Trust Company?
$24.4 million in total assets and $23.1 million in deposits as of September 30, 1984. Its loans were $15.4 million.
Is Peoples Bank & Trust Company profitable?
No: it lost $266,000 from January 1 to September 30, 1984. Its return on assets was -2.10% a year; about 1% is typical.
Who owns Peoples Bank & Trust Company?
Peoples Bank & Trust Company is owned by Plateau Bancshares Inc, its holding company.
When did Peoples Bank & Trust Company fail?
Feb 8, 1985. Citizens BANK&TRUST Co of Wartburg, TN took over its deposits. The estimated cost of the failure was $6.27 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.