Peoples Bank Mendenhall Mississippi Bank Information and CEO Profile

Peoples Bank is a community bank with a strong presence in Mendenhall, Mississippi. They offer a range of banking services, including personal and business accounts, loans, and credit cards.

Their headquarters is located in Mendenhall, Mississippi, and they have a long history of serving the local community.

The bank is led by a team of experienced professionals, including a CEO who has a deep understanding of the local market and economy.

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Peoples Bank in Mendenhall, Mississippi has a long history dating back to 1906. It was founded by a group of local citizens who wanted to provide banking services to the community.

The bank has undergone several mergers and acquisitions over the years, with the most recent one being in 2009. This merger helped the bank expand its services and offerings.

Peoples Bank is a community-focused bank, with a strong commitment to serving the needs of local residents and businesses. It has a team of experienced bankers who are knowledgeable about the local economy and can provide expert advice.

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The bank offers a range of personal and business banking services, including checking and savings accounts, loans, and credit cards. It also has a robust online banking platform that allows customers to manage their accounts from anywhere.

Peoples Bank is a member of the FDIC, which provides deposit insurance to protect customers' deposits up to $250,000. This gives customers peace of mind knowing that their deposits are insured.

Peoples Bank (Mendenhall, Mississippi) has a strong financial foundation. According to their income and expense report for December 31, 2011, the bank had a total interest income of $13,015 thousand.

Net interest income was a key component of the bank's revenue, standing at $11,007 thousand. This was achieved after deducting $2,008 thousand in total interest expense.

The bank's total noninterest income was $2,094 thousand, with a significant portion coming from service charges on deposit accounts, which totaled $1,660 thousand.

Noninterest expense, on the other hand, was $6,684 thousand, with salaries and employee benefits accounting for $4,022 thousand.

Here's a breakdown of the bank's performance and condition ratios for December 31, 2011:

The bank's equity capital to assets ratio was 107.45%, indicating a strong capital position.

Peoples Bank has a remarkable track record of stability, having survived numerous challenges since its founding in 1908. Its ability to weather storms is a testament to the strength and character of its leaders and employees.

The bank's commitment to fairness, honesty, and compassion has guided it through both prosperous and hard times. These values are the backbone of its financial stability.

One key indicator of Peoples Bank's stability is its return on equity (ROE), which stood at a healthy 25.23% as of December 31, 2011. This is a significant measure of the bank's ability to generate profits from its equity.

Peoples Bank's efficiency ratio, which measures the bank's operating expenses as a percentage of its revenue, was a relatively low 9.66% in 2011. This suggests that the bank is well-managed and able to keep costs under control.

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The bank's assets per employee ratio was an impressive 50,195 as of December 31, 2011. This indicates that the bank has a high level of productivity and efficiency in its operations.

Here is a summary of Peoples Bank's key stability metrics:

Overall, Peoples Bank's stability is a testament to its strong leadership, commitment to values, and efficient operations.

At Peoples Bank in Mendenhall, Mississippi, you're in good hands with Dennis Ammann as the CEO. He's the one in charge of leading the bank's operations.

Peoples Bank has a strong leadership team that's dedicated to serving the community.

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As we explore the leadership of banks, it's worth noting that the size of the team can impact decision-making and customer service. 49 people are employed at Peoples Bank.

Their relatively small team suggests a more agile and responsive approach to banking.

Dennis Ammann is the CEO of Peoples Bank, a notable figure in the banking industry.

Peoples Bank has a strong leadership presence, with Dennis Ammann at the helm.