Headquartered in Iva, South Carolina, The Peoples Bank is a state-chartered bank with $446.7M in total assets and $393.5M in deposits as of Q2 2026. It operates 8 offices. Its charter dates back to 1951.
Based on its Q2 2026 filing, The Peoples Bank scores 89/100, which we describe as very strong. That is higher than 94% of 2,650 banks with $100 million – $1 billion. Among 44 banks headquartered in South Carolina, it ranks 2nd. Its strongest component is loan quality (100/100; 0.00%), and its lowest is capital cushion (79/100; 12.92%).
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
From Q2 2025 to Q2 2026, the score rose 2 points (87 → 89), mostly because the funding & liquidity component weakened by 8 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 86 |
| Q3 2024 | 88 |
| Q4 2024 | 86 |
| Q1 2025 | 86 |
| Q2 2025 | 87 |
| Q3 2025 | 88 |
| Q4 2025 | 86 |
| Q1 2026 | 88 |
| Q2 2026 | 89 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.86% |
| Q3 2024 | 12.11% |
| Q4 2024 | 11.76% |
| Q1 2025 | 12.05% |
| Q2 2025 | 12.23% |
| Q3 2025 | 12.54% |
| Q4 2025 | 12.11% |
| Q1 2026 | 12.57% |
| Q2 2026 | 12.92% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.08% |
| Q3 2024 | 0.04% |
| Q4 2024 | 0.04% |
| Q1 2025 | 0.06% |
| Q2 2025 | 0.00% |
| Q3 2025 | 0.00% |
| Q4 2025 | 0.00% |
| Q1 2026 | 0.00% |
| Q2 2026 | 0.00% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.55% |
| Q3 2024 | 1.60% |
| Q4 2024 | 1.62% |
| Q1 2025 | 1.57% |
| Q2 2025 | 1.57% |
| Q3 2025 | 1.60% |
| Q4 2025 | 1.61% |
| Q1 2026 | 1.60% |
| Q2 2026 | 1.65% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 89 | $446.7M | 12.92% | 0.00% | 1.65% | 69.7% |
| Q1 2026 | 88 | $443.8M | 12.57% | 0.00% | 1.60% | 66.3% |
| Q4 2025 | 86 | $439.5M | 12.11% | 0.00% | 1.61% | 66.6% |
| Q3 2025 | 88 | $437.1M | 12.54% | 0.00% | 1.60% | 67.5% |
| Q2 2025 | 87 | $435.1M | 12.23% | 0.00% | 1.57% | 63.9% |
| Q1 2025 | 86 | $435.8M | 12.05% | 0.06% | 1.57% | 63.7% |
| Q4 2024 | 86 | $423.8M | 11.76% | 0.04% | 1.62% | 63.5% |
| Q3 2024 | 88 | $416.0M | 12.11% | 0.04% | 1.60% | 60.5% |
| Q2 2024 | 86 | $415.0M | 11.86% | 0.08% | 1.55% | 58.0% |
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 South Carolina
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The Bank of ClarendonBank Manning, SC | 84 out of 100, Strong | $438.3M | 11.7% | 0.01% | vs |
| Bank of the LowcountryBank Walterboro, SC | 65 out of 100, Moderate | $430.2M | 9.3% | 0.15% | vs |
| Farmers and Merchants Bank of South CarolinaBank Holly Hill, SC | 88 out of 100, Very strong | $413.6M | 16.6% | 0.74% | vs |
| Southern BankBank Spartanburg, SC | 59 out of 100, Moderate | $407.9M | 8.2% | 0.28% | vs |
| Enterprise Bank of South CarolinaBank Ehrhardt, SC | 52 out of 100, Below average | $535.1M | 9.3% | 3.64% | vs |
| The Bank of South CarolinaBank Charleston, SC | 77 out of 100, Strong | $571.2M | 11.8% | 0.29% | vs |
Deposit insurance
Is my money safe at The Peoples Bank?
Yes. The Peoples Bank is an FDIC-insured institution (FDIC certificate #16968). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 19.5% of deposits ($76.7M) 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 12.92%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 19.33% (benchmark: 10%).
8 locations
Branches
The Peoples Bank lists 8 offices in 4 cities. Most locations:
- Anderson, SC (5)
- Iva, SC (1)
- Pendleton, SC (1)
- Powdersville, SC (1)
HMDA 2025
Mortgage lending
In 2025, The Peoples Bank reported 112 home-loan applications under HMDA (LEI 254900DEMD2F6Z046A71): 101 originated ($27,295,000 total), 2 denied, and 5 withdrawn or closed by the applicant. Its denial rate on decided applications was 1.9%, 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
- The Peoples Bank
- Former names
- The Peoples Bank of Iva
- Type
- State-chartered bank
- FDIC certificate #
- 16968
- RSSD ID
- 285928
- Primary regulator
- FDIC
- Holding company
- Peoples Financial Group Inc
- Established
- January 2, 1951
- Headquarters
- 801 E Front St, Iva, SC 29655
- Website
- www.peoplesbanksc.com
- Employees
- 81
Quick answers
The Peoples Bank: common questions
Is The Peoples Bank FDIC insured?
Yes. The Peoples Bank is an FDIC-insured institution (FDIC certificate #16968). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The Peoples Bank's TellerScore?
89 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has The Peoples Bank ever failed?
There is no failure record for FDIC certificate #16968 in the FDIC failed bank list.
How many branches does The Peoples Bank have?
8 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Iva
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Northeast Georgia BankBank Lavonia, GA | 93 out of 100, Very strong | $650.6M | 13.4% | 0.01% | vs |
| S. C. State Federal Credit UnionCredit union Columbia, SC | 91 out of 100, Very strong | $1.5B | 15.6% | 0.82% | vs |
| Anmed Federal Credit UnionCredit union Anderson, SC | 86 out of 100, Very strong | $16.5M | 14.3% | 0.08% | vs |
| E L C O Federal Credit UnionCredit union Elberton, GA | 84 out of 100, Strong | $5.3M | 20.1% | 0.78% | vs |
| Vallant BankBank Elberton, GA | 78 out of 100, Strong | $4.0B | 12.7% | 0.51% | vs |
| The Commercial BankBank Honea Path, SC | 76 out of 100, Strong | $284.2M | 12.6% | 0.75% | vs |