Peoples National Bancshares is the holding company for Peoples National Bank, a rural community bank with assets totalling approximately $100 million. The bank s primary focus is to serve local commercial and consumer customers. It provides deposit products and other financial services. Peoples National Bank s loan products include real estate, consumer and small business loans. The bank also operates a network of nearly 10 automated teller machines and issues debit cards. Its loan-to-deposit ratio averages approximately 52 percent. Peoples National has invested about $205,000 in a community development corporation, which was formed to purchase and make improvements to a downtown building so that small businesses could occupy the space. Peoples National Bancshares employs approximately 50 people and is headquartered in Checotah, Okla.