THE INSTITUTION'S SCORE
Capital acts as a bulwark against losses and as protection for depositors when a bank is experiencing economic instability. Therefore, when it comes to measuring an a bank's financial fortitude, capital is useful. When looking at safety and soundness, the more capital, the better.
The Peoples Bank, Biloxi, Mississippi scored 18 out of a possible 30 points on our test to measure the adequacy of a bank's capital, exceeding the national average of 13.13.
One widely used measure of this buffer is a bank's Tier 1 capital ratio. The Peoples Bank, Biloxi, Mississippi's Tier 1 capital ratio was 22.79 percent, above the 6 percent level considered adequate by regulators, but under the national average of 25.65 percent. The higher the capital ratio, the better the bank will be able to weather economic challenges.
Overall, The Peoples Bank, Biloxi, Mississippi held equity amounting to 13.09 percent of its assets, which exceeded the national average of 12.03 percent.