First & Peoples Bank and Trust Company, Financial Information

About First & Peoples Bank and Trust Company

 Address:
1001 Deidrich Boulevard
Russell, KY
Greenup County, Kentucky
 Established:
Feb 1932
 Number of domestic offices:
4
Total assets$227M
Net income$1M
Net income, quarterly$1M
Total deposits$182M
Domestic deposits$182M
Equity capital$41M
ROA0.61%
ROAQ, quarterly1.14%
ROA, pretax1.14%
ROAQ, quarterly, pretax1.04%
ROE3.28%
ROEQ, quarterly6.18%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

In 1932, a merger of the First National Bank of Russell and the Peoples Bank of Russell formed First & Peoples Bank. Starting with only seven employees and assets of $626,339.41, this new bank provided the citizens of Russell with a full service bank that could offer the financial services needed to benefit community. Along with the growth of Russell as well as Greenup County, First & Peoples Bank also began to grow.

As demands for services spread, new locations were added to make it convenient for customers to have access to their bank, in their neighborhood. As technology increased, so did the Bank's services. Drive-thru facilities and Automated Teller Machines were just a few of the services that the Bank provided to the area.

In 1989, the Bank took another step in full service by becoming First & Peoples Bank and Trust Company. Our Trust Department opened in 1990 to provide customers with a full range of trust products and services.

First & Peoples Bank and Trust's services have continued to grow in recent years. Image statements provide customers with a convenient way to monitor their account. First & Peoples Bank and Trust's Touch Tone Teller provides account information over the phone 24 hours a day. Finally, with internet service, customers can access their account, conduct transfers, look at check images, check the weather, and a host of other services from anywhere in the world.

Main Office: (606) 836-0211
Plaza Branch: (606) 325-8549
Flatwoods Branch: (606) 836-3163
Russell Branch: (606) 836-3166
South Shore Branch: (606) 932-3141
Greenup Branch: (606) 473-9835