Applications / Mortgage Analytics / Lenders / Tennessee / The Peoples Bank
Sardis, TN · State non-member bank · FDIC · $111 million assets · 53 loans in 2025
The Peoples Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
53
loans originated, 2025
64
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
The Peoples Bank, a small lender in Sardis, Tennessee, made nearly half of its 2025 home loans to borrowers of modest means.
It made 48.9% of its 53 loans to low- and moderate-income borrowers, against 26.9% at similar lenders (state non-member banks making between half and twice as many loans). That share was higher than at all but about one in twenty of them, and up from 31.1% the year before. With so few loans, a handful can move the share a long way.
Manufactured homes made up 18.9% of its loans, against 2.6% at similar lenders, more than at about nine in ten of them. Its typical loan was $105,000, against $165,000 for peers, and refinancing made up 56.6% of its loans. Manufactured homes may explain much of the gap in loan size.
Its largest market is Jackson, Tennessee, where it ranked 35 of 248 lenders with a steady 0.5% share; Leaders Credit Union led. Its loans rose 13% in 2025, against 5% at similar lenders and 10% in the whole market. It filed no report for 2020 to 2022, gaps in the record rather than years without lending.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. The Peoples Bank took 64 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 56.6% · Purchase 32.1% · Other 7.5% · Home improvement 3.8%
Conventional 100.0% · of 53 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Tennessee | 53 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Jackson | 26 |
| Memphis | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300PONSHZ2J8TRD25 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 591357 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 36110 | 2010–2017 |
Established 20 December 1920. Reported under HMDA 2010-2025.
Mergers, name changes, data editions and corrections: The Peoples Bank's data.
The Peoples Bank's data
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The Peoples Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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