Peoples Bank

What sets Peoples Bank apart

How large is Peoples Bank?

The balance sheet of Peoples Bank at Q2 2026: assets $9.5 bn, deposits $7.5 bn, net loans $6.7 bn (loans equal to 89.85% of deposits). Securities make up 18.3% of total assets at Peoples Bank. Since Q1 2016, when Peoples Bank held $3.3 bn, its assets grew 190.1%. In the year to Q2 2026, deposits at Peoples Bank fell 2.3% while its total assets fell 0.0%. At Q2 2026, Peoples Bank employed 1,443 full-time equivalent staff across 135 offices, about $6.6 mn of assets per employee and $55.6 mn of deposits per office.

How much funding at Peoples Bank is uninsured?

At Peoples Bank, uninsured deposits (above the FDIC limit) made up 26.43% of domestic deposits at Q2 2026 (+0.61 pp on a year earlier); Peoples Bank ranks 359th of 500 on this measure. In dollars, Peoples Bank estimated $2.0 bn of uninsured deposits.

Key facts, Q2 2026

US rank of Peoples Bank: 1 = highest unless marked 1 = lowest.

The CET1 ratio of Peoples Bank stood at 12.30% in Q2 2026, +0.30 pp year on year. Low and high at Peoples Bank since Q1 2016: 10.75% (Q2 2021) to 13.89% (Q4 2019). Equity capital of Peoples Bank at Q2 2026: $1.2 bn, or 12.7% of total assets. Peoples Bank also reported a total capital ratio of 13.40% for Q2 2026, and a tier 1 leverage ratio of 9.70%.

On held-to-maturity securities, Peoples Bank carried an unrealized loss of $64.6 mn at Q2 2026, equal to 5.3% of equity capital. The loss narrowed by $3.8 mn over the year. Its deepest point: $105.5 mn in Q3 2023. The available-for-sale portfolio of Peoples Bank showed an unrealized loss of $92.5 mn at Q2 2026; the loss narrowed by $26.1 mn over the year.

For the year to Q2 2026, Peoples Bank earned a return on equity of 10.48%; return on assets: 1.31%. Net interest margin at Peoples Bank: 4.28%, +0.08 pp in a year. Peoples Bank net income: $62.7 mn, up 19.7% year on year. The efficiency ratio of Peoples Bank was 56.08%: about 56 cents cost per revenue dollar, against 47 cents at the median peer.

At Q2 2026, noncurrent loans were 0.60% of total loans at Peoples Bank; net charge-offs: 0.35% of average loans. Gross loans and leases at Peoples Bank: $6.8 bn, up 3.3% in a year.

The peer group of Peoples Bank is the 6 banks nearest to it by total assets at Q2 2026: 3 larger and 3 smaller. Of the peers, 2 share the charter type of Peoples Bank (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Ohio. Against them, Peoples Bank shows CET1 ratio 12.30% against a peer median of 14.81%, return on equity 10.48% against a peer median of 14.68% and uninsured deposit share 26.43% against a peer median of 36.81%.

The FDIC history of Peoples Bank, oldest first; figures before and after each event are not like for like.

1. 14 April 2018. Absorbed American Savings Bank, FSB (FDIC certificate 29597).
2. 13 April 2019. Absorbed The First Commonwealth Bank of Prestonsburg, Inc. (FDIC certificate 2721).
3. 18 September 2021. Absorbed Citizens Deposit Bank & Trust (FDIC certificate 12165).
4. 18 September 2021. Absorbed Premier Bank, Inc. (FDIC certificate 34837).
5. 1 May 2023. Absorbed Limestone Bank, Inc. (FDIC certificate 9314).

Large one-quarter moves at Peoples Bank

• Total assets at Peoples Bank changed by +39.2% in the quarter to 2021-09-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Citizens Deposit Bank & Trust, Premier Bank, Inc..