Our Impact
At Peoples Bank, our desire is to make the rural Mississippi communities we serve better by providing superior and responsible financial products and services that increase economic opportunity, create financial stability, and improve the quality of life for the people and businesses in our market.
Small Business Spotlight: Sullivan’s Grocery
Peoples Bank – Sullivan’s Grocery from CDBA on Vimeo.
peoples building house
Jobs Created
View Details Through lending to small businesses and farmers, Peoples Bank helps to create or retain jobs in the communities it serves.
Through Small Business Lending:
- 4,636 in the last 5 years
- 6,795 in the last 10 years
Through Agriculture Lending:
- 2,740 in the last 5 years
- 3,490 in the last 10 years
In total, Peoples Bank has helped to create or retain:
- 7,376 jobs in the last 5 years
- 10,285 jobs in the last 10 years
woman buying from another woman
Small business Loans
View Details Small Businesses are the engine of our economy. Peoples Bank is proud to be a primary source of loans for the communities we serve.
Of the Small Business Loans made in the last five (5) years, 2,210 (65%) have been made in rural (non-MSA) areas. The amount loaned to rural small businesses over that time is $103,074,172 (74%). This excludes Simpson County, which is the Jackson MSA.
Last 5 Years | Last 10 Years | |
---|---|---|
# of Loans | Last 5 Years 1,142 | Last 10 Years 4,765 |
$ Loaned | Last 5 Years $399,212,412 | Last 10 Years $554,469,183 |
Avg. $ Loaned | Last 5 Years $349,573.04 | Last 10 Years $116,362.89 |
little girl with lemonade stand
Micro-Enterprise Loans
View Details Small Businesses need capital to grow. At Peoples Bank, no business is too small. MicroLoans, or loans to small businesses and farms under $35,000, are essential to the success of small businesses in our community.
Last 5 Years
# Loans | $ Loans | Avg. $ Loaned | |
---|---|---|---|
<$50K | # Loans 4,018 | $ Loans $64,386,779.53 | Avg. $ Loaned $16,024.58 |
<$10K | # Loans 1,649 | $ Loans $8,296,765.12 | Avg. $ Loaned $5,031.39 |
<$5K | # Loans 809 | $ Loans $2,430,148.67 | Avg. $ Loaned $3,003.89 |
Last 10 Years
# Loans | $ Loans | Avg. $ Loaned | |
---|---|---|---|
<$35K | # Loans 11,379 | $ Loans $125,908,925 | Avg. $ Loaned $11,065.03 |
<$10K | # Loans 3,888 | $ Loans $14,996,765.12 | Avg. $ Loaned $3,857.19 |
<$5K | # Loans 2,496 | $ Loans $4,530,148.67 | Avg. $ Loaned $1,814.96 |
cows in a field
Agriculture Loans
View Details Farmers are the backbone of the rural communities we serve. Peoples Bank takes great joy in helping local farmers feed us all.
Last 5 Years | Last 10 Years | |
---|---|---|
# of Loans | Last 5 Years 1,564 | Last 10 Years 2,580 |
$ Loaned | Last 5 Years $122,522,746.37 | Last 10 Years $179,089,190.37 |
Avg. $ Loaned | Last 5 Years $78,339.35 | Last 10 Years $69,414.41 |
facade of house
Affordable Housing Loans
View Details Home ownership is a big step for individuals and families. Peoples Bank helps make it as easy as possible with Affordable Housing Loans.
Last 5 Years | Last 10 Years | |
---|---|---|
# of Loans | Last 5 Years 946 | Last 10 Years 1439 |
$ Loaned | Last 5 Years $129,994,138.20 | Last 10 Years $190,655,963.20 |
Avg. $ Loaned | Last 5 Years $137,414.52 | Last 10 Years $132,491.98 |
woman accepting keys to car
Consumer Loans
View Details Meeting financial needs of the residents of the communities we serve is a large part of why Peoples Bank exists.
Last 5 Years | Last 10 Years | |
---|---|---|
# of Loans | Last 5 Years 6,613 | Last 10 Years 16,439 |
$ Loaned | Last 5 Years $35,119,819.20 | Last 10 Years $84,429,782.20 |
Avg. $ Loaned | Last 5 Years $5,310.72 | Last 10 Years $5,135.94 |
man and woman looking at ipad
PB Community Impact Fund
View Details PB Community Impact Fund (PBCIF) is a firm whose mission is to provide specialized financing in support of economic vitality and job growth in underserved areas across Mississippi, Alabama, Louisiana, and Arkansas through the allocation of New Markets Tax Credits. As a company certified by the U.S. Treasury as a Community Development Entity, PBCIF has received $50 million in New Markets Tax Credits allocation.
$50M
PBCIF NMTC Allocation
$380M
Total Project Costs
1,900
Jobs Created & Retained
Learn more by visting our PBCIF site.
In 1994, Congress created the Community Development Financial Institution (CDFI) Fund to encourage financial institutions to focus their mission on providing capital to economically distressed areas of their country.
Peoples Bank is proud of our designation as a certified Community Development Financial Institution. By providing affordable capital to the consumers and business of south central Mississippi, we live out our mission to promote economic growth in the communities we serve.

77%
of all consumer loans made in 2016 were in persistent poverty counties.
58%
of all small business loans made in 2016 were in persistent poverty counties.

2020 Lending
# OF LOANS
- 4% AUTO
- 30% CONSUMER
- 38% MICROLOANS
- 8% AGRICULTURE
- 4% HOUSING
- 16% SMALL BUSINESS
$ OF LOANS
- 1% AUTO
- 2% CONSUMER
- 7% MICROLOANS
- 9% AGRICULTURE
- 8% HOUSING
- 73% SMALL BUSINESS


Peoples Bank specializes in small business and microenterprise lending. No business is too small to receive our complete attention. We love helping employees become owners. As a preferred SBA lender, we are able to leverage SBA guarantees to make loans that other lender can’t. As we see it, the extra work of obtaining loan guarantees is well worth the benefit of increasing local economic opportunity caused by getting capital into the hands of the producers and job creators who need it.

We live in the communities we serve. That’s why giving back is so important at Peoples Bank. Whether it is teaching financial basics in local schools, serving on local boards and communities, establishing local 5K races to support healthy lifestyle choices, sponsoring local youth activities, providing financial counseling for consumers, or offering training for local small businesses, we know that we will always be only as strong as the communities we serve.
Growth Over Time
Growth Over Time
Loan $ | 2016 | 2017 | 2018 | 2019 | 2020 | sum |
---|---|---|---|---|---|---|
auto | 2,052,594.17 | 1,605,077.25 | 1,702,630.33 | 2,041,318.26 | 2,225,835.00 | 9,627,455.01 |
consumer | 2,052,594.17 | 6,566,317.49 | 6,808,338.09 | 7,840,840.33 | 5,586,725.00 | 35,119,822.18 |
microloans | 11,781,491.62 | 10,079,382.28 | 10,684,332.85 | 11,428,658.03 | 20,430,915.00 | 64,404,779.78 |
agriculture | 21,607,518.39 | 24,208,206.09 | 23,758,006.31 | 26,712,410.55 | 26,236,605.00 | 122,522,746.34 |
housing | 33570034.53 | 27,817,374.95 | 32,137,488.64 | 14,217,408.62 | 22,251,831.00 | 129,994,137.74 |
small business | 40,799,444.50 | 46,585,313.84 | 40,900,459.36 | 65,224,959.09 | 205,702,235.00 | 399,212,411.79 |
sum | 118,362,499.47 | 116,977,305.9 | 117,270,755.58 | 127,551,688.07 | 282,573,750.00 | 762,735,999.02 |
