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| Welcome to Peoples Bank & Trust. We are a locally owned community bank founded in 1954 at Pana, Illinois with facilities located in Pana, Tower Hill, Taylorville, Altamont and Springfield. Peoples Bank & Trust is proud of its past service to these communities, and is looking forward to embracing cutting edge technology and innovations that will allow us to continue to serve our customers in the future. |
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| The staff of Peoples Bank & Trust is pleased to offer you this web site and the products found within to aid in your financial goals and security. If you would like to inquire about any products offered by Peoples Bank & Trust, please feel free to contact us by e-mail at info@bankpbt.com, by telephone at 217-562-2137 or fax 217-562-4445 |
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Peoples Bank & Trust is owned by the holding company People First Bancshares, Inc. |
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The holding company is locally owned by shareholders in the communities that Peoples Bank & Trust serve. |
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PEOPLE FIRST BANCSHARES INC. ANNOUNCES RECORD EARNINGS AND REORGANIZATION AT ANNUAL MEETING
People First Bancshares, Inc. held its annual meeting of shareholders on March 26, 2008 at Peoples Bank & Trust in Pana, IL. During the meeting, Larry D. Beaty, George Hiler and David Slater were reelected to three year terms as directors of the Bank and Holding Company. Other directors of the Bank and Holding company are Michael E. Beyers, John Gardner, Michael M. Trexler, David R. Fines, Barry V. Heaton and James D. Randolph. Robert Zueck serves as Director Emeritus.
During the report of operations, John Gardner, President and CEO, reported record financial performance and continued improvement in customer service.
In addition to record size of the company with $162 million in total assets, Gardner reported, “Net Income increased to the highest level ever for the company: $1,704,803”. Aside from record Net Income, Gardner also reported record deposit and loan volume, an 18% increase in Non Interest Income, and a reduction in Non Interest Expense.
Gardner reported that “97% of bank customers rated the overall service they received as “Excellent” or “Good” during 2007, which represents an increase from 95% in 2006”. Gardner commented that this improvement is attributable to close personal relationships of between customers and bank employees who have a genuine interest in insuring the customer’s financial success.
Peoples Bank & Trust is a locally owned and managed independent community bank with five offices located in Pana, Taylorville, Altamont, Tower Hill, and Springfield. Peoples is a full service bank offering outstanding customer service to consumers, small business, and farmers in Central Illinois. People First Bancshares, Inc., with corporate offices in Pana, Illinois, is the holding company for Peoples Bank & Trust.
For Additional Information Contact: John Gardner, President and CEO
Phone: (217) 562-2137 |
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