Headquartered in Madisonville, Tennessee, Peoples Bank of East Tennessee is a state-chartered bank with $456.1M in total assets and $407.2M in deposits as of Q2 2026. It operates 12 offices across 2 states. Its charter dates back to 1997.
Based on its Q2 2026 filing, Peoples Bank of East Tennessee scores 78/100, which we describe as strong. That is higher than 72% of 2,650 banks with $100 million – $1 billion. Among 109 banks headquartered in Tennessee, it ranks 25th. Its strongest component is problem-loan coverage (95/100; 2.4%), and its lowest is capital cushion (59/100; 10.90%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
The score has been essentially flat from Q2 2025 to Q2 2026 (77 → 78).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 79 |
| Q3 2024 | 81 |
| Q4 2024 | 79 |
| Q1 2025 | 77 |
| Q2 2025 | 77 |
| Q3 2025 | 78 |
| Q4 2025 | 77 |
| Q1 2026 | 78 |
| Q2 2026 | 78 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.31% |
| Q3 2024 | 11.36% |
| Q4 2024 | 10.95% |
| Q1 2025 | 10.84% |
| Q2 2025 | 10.64% |
| Q3 2025 | 10.83% |
| Q4 2025 | 10.83% |
| Q1 2026 | 10.88% |
| Q2 2026 | 10.90% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.43% |
| Q3 2024 | 0.33% |
| Q4 2024 | 0.27% |
| Q1 2025 | 0.35% |
| Q2 2025 | 0.29% |
| Q3 2025 | 0.24% |
| Q4 2025 | 0.39% |
| Q1 2026 | 0.27% |
| Q2 2026 | 0.37% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.47% |
| Q3 2024 | 1.49% |
| Q4 2024 | 1.42% |
| Q1 2025 | 1.29% |
| Q2 2025 | 1.36% |
| Q3 2025 | 1.40% |
| Q4 2025 | 1.42% |
| Q1 2026 | 1.43% |
| Q2 2026 | 1.53% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 78 | $456.1M | 10.90% | 0.37% | 1.53% | 75.9% |
| Q1 2026 | 78 | $456.1M | 10.88% | 0.27% | 1.43% | 72.8% |
| Q4 2025 | 77 | $437.0M | 10.83% | 0.39% | 1.42% | 74.0% |
| Q3 2025 | 78 | $433.5M | 10.83% | 0.24% | 1.40% | 70.8% |
| Q2 2025 | 77 | $432.7M | 10.64% | 0.29% | 1.36% | 68.4% |
| Q1 2025 | 77 | $428.3M | 10.84% | 0.35% | 1.29% | 65.2% |
| Q4 2024 | 79 | $411.1M | 10.95% | 0.27% | 1.42% | 67.0% |
| Q3 2024 | 81 | $403.7M | 11.36% | 0.33% | 1.49% | 66.0% |
| Q2 2024 | 79 | $385.7M | 11.31% | 0.43% | 1.47% | 66.0% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Tennessee
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Patriot BankBank Millington, TN | 54 out of 100, Below average | $451.2M | 9.9% | 1.47% | vs |
| Peoples BankBank Clifton, TN | 79 out of 100, Strong | $445.3M | 12.7% | 0.39% | vs |
| Coffee County BankBank Manchester, TN | 76 out of 100, Strong | $427.6M | 9.6% | 0.18% | vs |
| Bank3Bank Memphis, TN | 68 out of 100, Moderate | $491.8M | 11.0% | 0.05% | vs |
| Heritage Bank & TrustBank Columbia, TN | 65 out of 100, Moderate | $417.8M | 8.5% | 0.36% | vs |
| First Vision Bank of TennesseeBank Tullahoma, TN | 77 out of 100, Strong | $414.2M | 12.4% | 0.08% | vs |
Deposit insurance
Is my money safe at Peoples Bank of East Tennessee?
Yes. Peoples Bank of East Tennessee is an FDIC-insured institution (FDIC certificate #34517). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 17.4% of deposits ($70.7M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.90%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
12 locations
Branches
Peoples Bank of East Tennessee lists 10 offices in 9 cities across 2 states. Most locations:
- Madisonville, TN (2)
- Athens, TN (1)
- Ducktown, TN (1)
- Loudon, TN (1)
- Maryville, TN (1)
- Mc Caysville, GA (1)
- Sweetwater, TN (1)
- Tellico Plains, TN (1)
- Vonore, TN (1)
HMDA 2025
Mortgage lending
In 2025, Peoples Bank of East Tennessee reported 166 home-loan applications under HMDA (LEI 549300Z52CLXKDXGPH16): 130 originated ($28,660,000 total), 14 denied, and 22 withdrawn or closed by the applicant. Its denial rate on decided applications was 9.7%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Peoples Bank of East Tennessee
- Former names
- Peoples Bank of Monroe County
- Type
- State-chartered bank
- FDIC certificate #
- 34517
- RSSD ID
- 2614344
- Primary regulator
- FDIC
- Holding company
- Peoples Bancshares of Tn Inc
- Established
- September 22, 1997
- Headquarters
- 4511 Highway 411, Madisonville, TN 37354
- Website
- www.pbet.bank
- Employees
- 105
Quick answers
Peoples Bank of East Tennessee: common questions
Is Peoples Bank of East Tennessee FDIC insured?
Yes. Peoples Bank of East Tennessee is an FDIC-insured institution (FDIC certificate #34517). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Peoples Bank of East Tennessee's TellerScore?
78 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Peoples Bank of East Tennessee ever failed?
There is no failure record for FDIC certificate #34517 in the FDIC failed bank list.
How many branches does Peoples Bank of East Tennessee have?
12 offices as of the latest FDIC data, in 2 states.
Nearby
Highest-scoring banks and credit unions with branches near Madisonville
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| FSNB, National AssociationBank Lawton, OK | 96 out of 100, Very strong | $478.3M | 17.5% | 0.36% | vs |
| Alcoa Municipal Employees Federal Credit UnionCredit union Alcoa, TN | 94 out of 100, Very strong | $4.5M | 18.9% | 0.00% | vs |
| Maryville Municipal Credit UnionCredit union Maryville, TN | 89 out of 100, Very strong | $23.2M | 16.8% | 0.45% | vs |
| CBBC BankBank Maryville, TN | 89 out of 100, Very strong | $562.1M | 14.2% | 0.01% | vs |
| Alcoa Tenn Federal Credit UnionCredit union Alcoa, TN | 84 out of 100, Strong | $426.9M | 13.9% | 1.05% | vs |
| Tennessee Valley Federal Credit UnionCredit union Chattanooga, TN | 84 out of 100, Strong | $3.3B | 14.8% | 0.77% | vs |