Peapack Private Bank & Trust

Overview

What stands out about Peapack Private Bank & Trust?

Its common equity tier 1 (CET1) ratio of 10.60% at Q2 2026 is in the lowest 5% of the 448 banks reporting it (rank 437 of 448, 1 = highest).

How large is Peapack Private Bank & Trust?

At Q2 2026 the bank held $8.0 bn of assets. Deposits were $7.1 bn and net loans and leases $6.6 bn, a loan-to-deposit ratio of 93.57%. Securities of $844.3 mn made up 10.6% of assets.

Total assets rose 129.8% between Q1 2016 and Q2 2026, from $3.5 bn.

How much of its funding is uninsured?

An estimated 36.44% of domestic deposits were above the FDIC insurance limit at Q2 2026, +2.72 pp from the previous quarter and +5.26 pp from a year earlier. That share ranks 236th among 500 banks reporting this metric (1 = highest).

Key facts, Q2 2026

US rank: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.

The common equity tier 1 (CET1) ratio was 10.60% at Q2 2026, -1.69 pp from a year earlier. Since Q1 2016 it has ranged from 10.48% (Q1 2016) to 14.12% (Q2 2018). At Q2 2026 the tier 1 leverage ratio was 8.96% and the total risk-based capital ratio 11.65%. The median CET1 ratio of the size peers listed below was 12.01% at Q2 2026.

Held-to-maturity securities had an unrealized loss of $8.7 mn at Q2 2026, measured as fair value minus amortized cost, equal to 1.2% of bank equity capital. The loss narrowed by $1.9 mn from a year earlier. The largest unrealized loss on these securities was $17.7 mn at Q3 2023. Available-for-sale securities showed an unrealized loss of $72.0 mn at Q2 2026; the loss narrowed by $7.4 mn from a year earlier.

Return on equity was 9.18% for the year to Q2 2026, annualized, with a return on assets of 0.84% and a net interest margin of 3.35%. The margin was +0.54 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 64.22%. Net income for the year to Q2 2026 was $32.4 mn, up 81.3% on the same period a year earlier. The median return on equity of its size peers was 11.45% for the same period.

Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 1.07% of total loans at Q2 2026. Net charge-offs for the year to date were 0.53% of average loans, annualized.

The FDIC history records no mergers or acquisitions for Peapack Private Bank & Trust since Q1 2016, and its total assets never moved more than 25% in one quarter.