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About Peoples Bank & Trust Company
Herschel Steve Taylor - Chairman
Elmer Morris - CEO
Jay Nogodula - Marketing Coordinator & Mortgage Loan Originator/Processor
HISTORY OF PEOPLES BANK AND TRUST COMPANY
The first organizational meeting of Peoples Bank and Trust Company was held October 5, 1906. The original incorporators were: John P. Adams, John A.
Harpole, A.M. May, William Alwood, and S.L. Hudson.
Perhaps the most colorful director and president the Bank has had was Mr. David King, who became a virtual legend in his own time. Mr. King immigrated into this country from Russia at the age of 16, settling first in Philadelphia. A few years later he moved to the Coffee County area where he became known extensively as a "back peddler". Very successful in that venture, Mr. King later became involved in real estate, and eventually the majority stockholder of Peoples Bank and Trust Company. In his active lifetime, he amassed a multi-million dollar fortune. In September, 1986, the other stockholders of Peoples Bancorp, Inc. purchased Mr. King's stock from his conservators, thus maintaining ownership within the realm of the existing shareholders, and allowing the management team and employees to remain intact.