The Peoples Bank
Collinsville, AL · Owner: Peoples Holding Co Inc
$11.9M
total assets, March 31, 1987
$11.9M
total assets, March 31, 1987
The Peoples Bank was a state nonmember bank in Collinsville, AL, owned by Peoples Holding Co Inc. It failed on Apr 22, 1987, and Bank Of Geraldine took over its deposits. At its last report it held $11.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- Apr 22, 1987
- Assets
- $11.9M
- Deposits
- $11.9M
- Estimated cost
- $934K
- Deposits went to
- Bank Of Geraldine, Geraldine, AL
Total assets
$11.9M
-13.2% in a year · -6.8% in a quarter
Deposits
$11.9M
-3.7% in a year · +0.1% in a quarter
Loans
$6.6M
-17.6% in a year · -13.7% in a quarter
Profit so far
-$881K
Jan 1 to Mar 31, 1987 · -5606.2% in a year
Capital ratio
-0.57%
-8.20 pts in a year
Return on assets
-28.58%
-29.06 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Collinsville, AL, 35961
- County
- Dekalb
- Holding company
- Peoples Holding Co Inc
- Established
- Sep 30, 1919
- Failed
- Apr 22, 1987
- Employees
- 11
- Id
- b76
Quarter by quarter
March 31, 1984 to March 31, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Peoples Bank?
$11.9 million in total assets and $11.9 million in deposits as of March 31, 1987, with assets down 13.2% from a year before. Its loans were $6.57 million.
Is The Peoples Bank profitable?
No: it lost $881,000 from January 1 to March 31, 1987. Its return on assets was -28.58% a year; about 1% is typical.
Who owns The Peoples Bank?
The Peoples Bank is owned by Peoples Holding Co Inc, its holding company.
When did The Peoples Bank fail?
Apr 22, 1987. Bank Of Geraldine of Geraldine, AL took over its deposits. The estimated cost of the failure was $934,187.
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.