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Peoples Bank of Alabama
Cullman, AL · State-chartered bank (not a Fed member) · Part of Altrust Financial Services Inc
- Total assets
- $1.42B
- Q2 2026
- Deposits
- $1.27B
- Net income
- $13.71M
- first half of 2026
- Return on assets
- 1.93%
- Annualized
Bank details
As reported to the FDIC
- FDIC certificate
- 22537
- Main office
- Cullman, AL
- Holding company
- Altrust Financial Services Inc
- Charter
- State-chartered bank (not a Fed member)
- Primary federal regulator
- Federal Deposit Insurance Corporation (FDIC)
- Established
- 10/24/1977
- FDIC insured since
- 10/24/1977
- U.S. offices
- 28
- Employees (full-time equivalent)
- 281
- Specialty
- Commercial Lending Specialization
- Website
- www.peoplesbankal.com
Quarterly financials
From the bank's Call Reports. Income figures are year to date; ratios are annualized.
| Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $1.42B | $1.43B | $1.41B | $1.42B | $1.42B | $1.42B | $1.35B | $1.35B |
| Deposits | $1.27B | $1.28B | $1.25B | $1.28B | $1.29B | $1.29B | $1.22B | $1.21B |
| Net loans and leases | $908M | $908.8M | $889.3M | $877M | $865.7M | $862.9M | $859.6M | $846.4M |
| Securities | $215.5M | $216.2M | $212.7M | $211.1M | $198.3M | $206.2M | $206.1M | $206.3M |
| Equity capital | $143.7M | $143.1M | $142.1M | $134.7M | $125M | $122.5M | $118.8M | $119.4M |
| Net income (year to date) | $13.71M | $6.53M | $27.88M | $20.63M | $13.53M | $6.43M | $24.54M | $18.41M |
| Return on assets | 1.93% | 1.84% | 1.98% | 1.96% | 1.94% | 1.86% | 1.86% | 1.87% |
| Return on equity | 19.18% | 18.30% | 21.67% | 21.96% | 22.16% | 21.31% | 22.09% | 22.49% |
| Net interest margin | 4.60% | 4.53% | 4.62% | 4.59% | 4.57% | 4.46% | 4.67% | 4.67% |
| Efficiency ratio | 61.4% | 63.4% | 59.8% | 60.0% | 60.2% | 61.3% | 61.2% | 60.7% |
| Noncurrent loans | 0.57% | 0.47% | 0.20% | 0.15% | 0.16% | 0.23% | 0.20% | 0.16% |
| Net charge-off rate | 0.09% | 0.07% | 0.08% | 0.08% | 0.06% | 0.03% | 0.10% | 0.03% |
| Leverage (core capital) ratio | 11.19% | 11.17% | 11.00% | 10.42% | 10.18% | 10.15% | 10.32% | 10.03% |
| Total risk-based capital ratio | 16.98% | 16.83% | 17.03% | 16.46% | 16.22% | 15.96% | 15.89% | 15.66% |
Assets grew 0.1% from Q2 2025.
Loan mix
Share of gross loans, Q2 2026
- Real estate loans$695.8M76.6%
- Commercial and industrial loans$194M21.4%
- Consumer loans$12.14M1.3%
Find bank branches in Alabama · Employees: 281
Frequently asked questions
- What is Peoples Bank of Alabama's FDIC certificate number?
- Peoples Bank of Alabama's FDIC certificate number is 22537.
- How big is Peoples Bank of Alabama?
- Peoples Bank of Alabama reported total assets of $1.42B and deposits of $1.27B as of Q2 2026.
- Is Peoples Bank of Alabama FDIC insured?
- Yes. Peoples Bank of Alabama has been insured by the FDIC since 10/24/1977. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Source: Federal Deposit Insurance Corporation, BankFind Suite (Call Report data) · Last updated 06/30/2026