Peapack Private Bank & Trust
Peapack Private Bank & Trust reported total assets of $8.0 bn at Q2 2026, up 10.7% on a year earlier, the 196th largest of 497 banks in our US coverage. The CET1 capital ratio at Peapack Private Bank & Trust was 10.60%, and the uninsured share of Peapack Private Bank & Trust was 36.44%. Source: FDIC Call Reports.
Key takeaways
- On common equity tier 1 (CET1) ratio, Peapack Private Bank & Trust slipped from 315th to 437th among 448 US banks between and (1 = highest; FDIC Call Reports).
- Peapack Private Bank & Trust reports one of the lowest common equity tier 1 (CET1) ratio readings among banks of $1 bn to $10 bn: 10.60% at , where the median of the 287 banks is 13.22% (FDIC Call Reports).
- At 0.53%, the net charge-offs to average loans of Peapack Private Bank & Trust sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 0.06% (FDIC Call Reports).
What sets Peapack Private Bank & Trust apart
- Among the 339 banks of $1 bn to $10 bn, few report a lower tier 1 leverage ratio than Peapack Private Bank & Trust, at 8.96% in ; the group median is 10.45%.
How large is Peapack Private Bank & Trust?
The balance sheet of Peapack Private Bank & Trust at : assets $8.0 bn, deposits $7.1 bn, net loans $6.6 bn (loans equal to 93.57% of deposits). Securities make up 10.6% of total assets at Peapack Private Bank & Trust. Since , when Peapack Private Bank & Trust held $3.5 bn, its assets grew 129.8%. In the year to , deposits at Peapack Private Bank & Trust rose 10.7% while its total assets rose 10.7%. At , Peapack Private Bank & Trust employed 683 full-time equivalent staff across 19 offices, about $11.7 mn of assets per employee and $371.8 mn of deposits per office.
How much funding at Peapack Private Bank & Trust is uninsured?
At Peapack Private Bank & Trust, uninsured deposits (above the FDIC limit) made up 36.44% of domestic deposits at (+5.26 pp on a year earlier); Peapack Private Bank & Trust ranks 236th of 500 on this measure. In dollars, Peapack Private Bank & Trust estimated $2.6 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $7.1 bn | +10.7% | 183rd of 499 |
| Net loans and leases | $6.6 bn | +15.1% | 170th of 500 |
| Loan-to-deposit ratio | 93.57% | +3.55 pp | 139th of 500 |
| Tier 1 leverage ratio | 8.96% | -1.04 pp | 437th of 500 |
| Total risk-based capital ratio | 11.65% | -1.88 pp | 432nd of 448 |
| Net interest margin | 3.35% | +0.54 pp | 332nd of 500 |
| Return on assets (ROA) | 0.84% | +0.34 pp | 430th of 500 |
| Efficiency ratio | 64.22% | -9.51 pp | 386th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $8.7 mn | Narrowed by $1.9 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $72.0 mn | Narrowed by $7.4 mn | |
| Noncurrent loans to total loans | 1.07% | -0.91 pp | 376th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.53% | +0.45 pp | 443rd of 500 (1 = lowest) |
US rank of Peapack Private Bank & Trust: 1 = highest unless marked 1 = lowest.
Balance sheet
Peapack Private Bank & Trust: assets, deposits and loans
- Total assets $8.0bn
- Deposits $7.1bn
- Net loans $6.6bn
Capital and securities
The CET1 ratio of Peapack Private Bank & Trust stood at 10.60% in , -1.69 pp year on year. Low and high at Peapack Private Bank & Trust since : 10.48% () to 14.12% (). Equity capital of Peapack Private Bank & Trust at : $700.2 mn, or 8.8% of total assets. Peapack Private Bank & Trust also reported a total capital ratio of 11.65% for , and a tier 1 leverage ratio of 8.96%.
On held-to-maturity securities, Peapack Private Bank & Trust carried an unrealized loss of $8.7 mn at , equal to 1.2% of equity capital. The loss narrowed by $1.9 mn over the year. Its deepest point: $17.7 mn in . The available-for-sale portfolio of Peapack Private Bank & Trust showed an unrealized loss of $72.0 mn at ; the loss narrowed by $7.4 mn over the year.
Peapack Private Bank & Trust: capital ratios
- Total capital 12%
- CET1 11%
- Tier 1 leverage 9.0%
Peapack Private Bank & Trust: unrealized securities gains and losses
- Available for sale -$72mn
- Held to maturity -$9mn
Profitability and loan quality
For the year to , Peapack Private Bank & Trust earned a return on equity of 9.18%; return on assets: 0.84%. Net interest margin at Peapack Private Bank & Trust: 3.35%, +0.54 pp in a year. Peapack Private Bank & Trust net income: $32.4 mn, up 81.3% year on year. The efficiency ratio of Peapack Private Bank & Trust was 64.22%: about 64 cents cost per revenue dollar, against 55 cents at the median peer.
At , noncurrent loans were 1.07% of total loans at Peapack Private Bank & Trust; net charge-offs: 0.53% of average loans. Gross loans and leases at Peapack Private Bank & Trust: $6.7 bn, up 14.7% in a year.
Peapack Private Bank & Trust: profitability
- Return on equity 9.2%
- Net interest margin 3.4%
- Return on assets 0.8%
Peer group of Peapack Private Bank & Trust
The peer group of Peapack Private Bank & Trust is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Peapack Private Bank & Trust (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in New Jersey. Against them, Peapack Private Bank & Trust shows CET1 ratio 10.60% against a peer median of 12.01%, return on equity 9.18% against a peer median of 11.45% and uninsured deposit share 36.44% against a peer median of 42.41%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| BankPlus | State member bank | MS | $8.4 bn | not reported | 11.23% | 18.52% | |
| Poppy Bank | State nonmember bank | CA | $8.3 bn | 12.82% | 14.33% | 30.25% | |
| Univest Bank and Trust Co. | State member bank | PA | $8.2 bn | 10.76% | 11.52% | 45.12% | |
| Peapack Private Bank & Trust | State member bank | NJ | $8.0 bn | 10.60% | 9.18% | 36.44% | |
| Hanmi Bank | State nonmember bank | CA | $8.0 bn | 13.40% | 11.38% | 44.76% | |
| Bankers Trust Company | State nonmember bank | IA | $7.8 bn | 10.95% | 11.28% | 57.36% | |
| Stockman Bank of Montana | State nonmember bank | MT | $7.7 bn | 12.01% | 19.71% | 40.06% | |
. FDIC Call Reports.
Last eight quarters
Two years at Peapack Private Bank & Trust, to : assets +17.3%, deposits +18.6%, equity -2.2%. Staff 605 to 683.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $6.8 bn | $7.0 bn | $7.1 bn | $7.2 bn | $7.4 bn | $7.5 bn | $7.7 bn | $8.0 bn |
| Total deposits | $6.0 bn | $6.1 bn | $6.3 bn | $6.4 bn | $6.6 bn | $6.6 bn | $6.8 bn | $7.1 bn |
| Bank equity capital | $716.2 mn | $713.4 mn | $696.7 mn | $704.6 mn | $717.7 mn | $733.4 mn | $682.3 mn | $700.2 mn |
| CET1 ratio | 13.75% | 13.50% | 12.52% | 12.29% | 11.70% | 11.52% | 10.77% | 10.60% |
| Return on equity (ROE) | 5.34% | 5.54% | 5.09% | 5.07% | 5.36% | 5.84% | 9.10% | 9.18% |
| Uninsured share of domestic deposits | 30.29% | 31.40% | 30.31% | 31.18% | 32.86% | 33.76% | 33.72% | 36.44% |
| Full-time equivalent employees | 605 | 611 | 631 | 670 | 691 | 699 | 675 | 683 |
| Number of offices | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Peapack Private Bank & Trust appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Peapack Private Bank & Trust?
Peapack Private Bank & Trust reported $8.0 bn at in its Call Report. That makes Peapack Private Bank & Trust the 196th largest of 497 banks in our US coverage.
Is Peapack Private Bank & Trust the same as its holding company?
No. This page covers Peapack Private Bank & Trust, FDIC certificate 11035; PEAPACK-GLADSTONE FINL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Peapack Private Bank & Trust profitable?
Peapack Private Bank & Trust reported net income of $32.4 mn for the year to ; annualized return on equity: 9.18%. So yes: Peapack Private Bank & Trust made a profit over these months.
When is data for Peapack Private Bank & Trust next updated?
Figures from Peapack Private Bank & Trust for are due after .
Where can I check the figures for Peapack Private Bank & Trust?
In the FDIC BankFind Suite record for certificate 11035, and in the Call Reports of Peapack Private Bank & Trust (RSSD ID 236706) at the FFIEC Central Data Repository.