Planters Bank & Trust Company


Planters Bank & Trust Company is an FDIC insured institution headquartered at 212 Catchings Ave, Indianola, MS 38751.
It was founded in 1920 and has approximately $2 billion in assets. Customers can open an account at one of its 20 branches.

Deposit Rates - April 25, 2025

SAVINGS RATES APY MIN
Savings
0.25% $1 Compare
CD RATES APY MIN
6 Mo CD
0.60% $2,500 Compare
6 Mo CD
0.60% $100,000 Compare
12 Mo CD
0.75% $2,500 Compare
24 Mo CD
0.85% $2,500 Compare
36 Mo CD
1.00% $2,500 Compare
48 Mo CD
1.26% $2,500 Compare
60 Mo CD
1.41% $2,500 Compare
MM RATES APY MIN
Money Market
0.30% $1,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.10% $1

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8235
Date Established 1920
Assets $ 1,995.14 million
Loans $ 1,252.33 million
Deposits $ 1,689.92 million
Capital $ 200.80 million

Summary Balance Sheet as of December 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 50.78 million
Interest-bearing balances $ 29.34 million
Total securities $ 557.57 million
Federal funds sold and reverse repurchase $ 1.79 million
Net loans and leases $ 1,252.33 million
Loan loss allowance $ 12.09 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.13 million
Goodwill and other intangibles $ 24.03 million
All other assets $ 63.04 million
     Total Assets $ 1,794.34 million

LIABILITIES
Total deposits $ 1,689.92 million
      Interest-bearing deposits $ 1,258.45 million
      Deposits held in domestic offices $ 1,689.92 million
      % insured (estimated)" 63.43%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 23.15 million
Subordinated debt N.A.
All other liabilities $ 6.20 millionn
      Total Liabilities $ 1,794.34 million
      Shareholders’ Equity $ 200.80 million

Summary Income Statement as of December 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 96.66 million
Total Interest Expense $ 49.89 million
Net interest income $ 46.77 million
Provision for loan and lease losses $ 2.14 million
Total non interest income $ 13.62 million
Total non interest expense $ 41.15 million
Pre-tax Net Operating Income $ 11.48 million

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Branches

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Planters Bank & Trust Company Locations