Peoples Bank of East Tennessee

Madisonville, TN
IDRSSD: 2614344
Total Assets
$433.51M
Latest filing
Total Deposits
$388.00M
Latest filing
Net Interest Margin
4.99%
Profitability

Locations

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Main Office
Peoples Bank of East Tennessee
4511 Highway 411
Madisonville, TN 37354
Full Service - Brick and Mortar
Updated 11/14/2025Established 09/22/1997FDIC Certificate 59024

Branches (11)

Page 1 of 2
NameAddressCity / State
Peoples Bank of East Tennessee (Main)4511 Highway 411Madisonville, TN
TELLICO PLAINS BRANCH9186 New Highway 68Tellico Plains, TN
SWEETWATER BRANCH117 Monroe StSweetwater, TN
PLAZA BRANCH4785 Highway 68Madisonville, TN
MCCAYSVILLE BRANCH109 Blue Ridge DrMc Caysville, GA
VONORE BRANCH1010 Highway 411Vonore, TN
DUCKTOWN BRANCH105 Five Points DriveDucktown, TN
LOUDON LOAN PRODUCTION OFFICE205 Carter StLoudon, TN
Showing 7 of 11

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date09/22/1997
Community BankYes
Ownership TypeNot Mutual
ZIP37354
State and County Number47123
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameN/A

Operational Info

Number of Employees105
Domestic Offices12
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance09/22/1997
Primary Insurance AgencyDIF
Websitewww.PBET.bank
Data Updated11/14/2025
CERT34517
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$433.51M
Total Deposits$388.00M
Total Liabilities$391.69M
Total Equity Capital$41.82M
Net Income$1.60M
Net Loans and Leases$274.88M
Assets Per Employee ($Millions)$4.13M
Bank Premises and Fixed Assets$8.28M
Cash and Balances due from Depository Institutions$32.73M
Deposits Held in Domestic Offices$388.00M

Key Performance Ratios

Return on Assets (ROA)1.48%
Return on Equity (ROE)15.9%
Net Interest Margin4.99%
Efficiency Ratio62.02%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.23%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.647%
Earning Assets to total Assets93.8%

Income and Expense

Total Interest Income$6.55M
Total Noninterest Income$709.00k
Total Interest Expense$1.49M
Total Noninterest Expense$3.58M
Net Interest Income$5.06M
Pre-tax Net Operating Income$1.95M
Provision for Credit Losses$245.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$3.70M
Total Liabilities and Capital$433.51M

Securities

Securities$103.61M
Available-for-sale debt securities$103.61M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Peoples Bank of East Tennessee?
$433.51M as of the latest filing.
How much are Peoples Bank of East Tennessee's total deposits?
$388.00M in total deposits.
Where is Peoples Bank of East Tennessee located?
Madisonville, TN.
What is the Net Interest Margin?
4.99%.
How many domestic offices does it operate?
12.
When was it established?
09/22/1997.
What is the Return on Assets (ROA)?
1.48%.
How much are total loans and leases?
$274.88M (latest filing).
What is the total interest income (latest filing)?
$6.55M.