PeoplesBank
PeoplesBank reported total assets of $4.6 bn at Q2 2026, up 6.6% on a year earlier, the 299th largest of 497 banks in our US coverage. The CET1 capital ratio at PeoplesBank was 12.39%, and the uninsured share of PeoplesBank was 26.30%. Source: FDIC Call Reports.
Key takeaways
- On uninsured share of domestic deposits, PeoplesBank slipped from 229th to 362nd among 500 US banks between and (1 = highest; FDIC Call Reports).
- PeoplesBank reports one of the lowest return on assets (ROA) readings among banks of $1 bn to $10 bn: 0.43% at , where the median of the 339 banks is 1.32% (FDIC Call Reports).
- The return on equity (ROE) of PeoplesBank, 4.83% at , places PeoplesBank in the bottom tenth of banks of $1 bn to $10 bn (group median 12.68%; FDIC Call Reports).
What sets PeoplesBank apart
- Among the 339 banks of $1 bn to $10 bn, few report a lower net interest margin than PeoplesBank, at 2.76% in ; the group median is 3.66%.
- Since , PeoplesBank has taken over one institution; the latest was The First National Bank of Suffield on .
How large is PeoplesBank?
The balance sheet of PeoplesBank at : assets $4.6 bn, deposits $3.5 bn, net loans $3.5 bn (loans equal to 99.66% of deposits). Securities make up 15.0% of total assets at PeoplesBank. Since , when PeoplesBank held $2.0 bn, its assets grew 128.5%. In the year to , deposits at PeoplesBank rose 1.9% while its total assets rose 6.6%. At , PeoplesBank employed 372 full-time equivalent staff across 21 offices, about $12.4 mn of assets per employee and $167.3 mn of deposits per office.
How much funding at PeoplesBank is uninsured?
At PeoplesBank, uninsured deposits (above the FDIC limit) made up 26.30% of domestic deposits at (-9.93 pp on a year earlier); PeoplesBank ranks 362nd of 500 on this measure. In dollars, PeoplesBank estimated $923.6 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.5 bn | +1.9% | 317th of 499 |
| Net loans and leases | $3.5 bn | +3.0% | 284th of 500 |
| Loan-to-deposit ratio | 99.66% | +1.04 pp | 61st of 500 |
| Tier 1 leverage ratio | 9.26% | -0.10 pp | 401st of 500 |
| Total risk-based capital ratio | 13.01% | +0.65 pp | 358th of 448 |
| Net interest margin | 2.76% | -0.07 pp | 445th of 500 |
| Return on assets (ROA) | 0.43% | -0.17 pp | 475th of 500 |
| Efficiency ratio | 69.35% | +4.63 pp | 428th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $41.6 mn | Narrowed by $2.9 mn | |
| Noncurrent loans to total loans | 0.57% | +0.24 pp | 229th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.21% | -0.06 pp | 356th of 500 (1 = lowest) |
US rank of PeoplesBank: 1 = highest unless marked 1 = lowest.
Balance sheet
PeoplesBank: assets, deposits and loans
- Total assets $4.6bn
- Deposits $3.5bn
- Net loans $3.5bn
Capital and securities
The CET1 ratio of PeoplesBank stood at 12.39% in , +0.54 pp year on year. Low and high at PeoplesBank since : 10.58% () to 13.53% (). Equity capital of PeoplesBank at : $409.4 mn, or 8.9% of total assets. PeoplesBank also reported a total capital ratio of 13.01% for , and a tier 1 leverage ratio of 9.26%.
The available-for-sale portfolio of PeoplesBank showed an unrealized loss of $41.6 mn at ; the loss narrowed by $2.9 mn over the year.
PeoplesBank: capital ratios
- Total capital 13%
- CET1 12%
- Tier 1 leverage 9.3%
PeoplesBank: unrealized securities gains and losses
- Available for sale -$42mn
- Held to maturity $0
Profitability and loan quality
For the year to , PeoplesBank earned a return on equity of 4.83%; return on assets: 0.43%. Net interest margin at PeoplesBank: 2.76%, -0.07 pp in a year. PeoplesBank net income: $9.7 mn, down 24.5% year on year. The efficiency ratio of PeoplesBank was 69.35%: about 69 cents cost per revenue dollar, against 54 cents at the median peer.
At , noncurrent loans were 0.57% of total loans at PeoplesBank; net charge-offs: 0.21% of average loans. Gross loans and leases at PeoplesBank: $3.5 bn, up 3.1% in a year.
PeoplesBank: profitability
- Return on equity 4.8%
- Net interest margin 2.8%
- Return on assets 0.4%
Peer group of PeoplesBank
The peer group of PeoplesBank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of PeoplesBank (state-chartered stock savings bank), 6 sit in the same size group ($1 bn to $10 bn) and 1 has its head office in Massachusetts. Against them, PeoplesBank shows CET1 ratio 12.39% against a peer median of 17.27%, return on equity 4.83% against a peer median of 13.93% and uninsured deposit share 26.30% against a peer median of 29.57%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Erebor Bank | National bank | OH | $4.7 bn | not reported | -5.45% | 0.00% | |
| The Fidelity Bank | State nonmember bank | NC | $4.7 bn | 16.56% | 17.38% | 38.22% | |
| First National Bank Texas | National bank | TX | $4.6 bn | 19.71% | 18.70% | 8.51% | |
| PeoplesBank | State-chartered stock savings bank | MA | $4.6 bn | 12.39% | 4.83% | 26.30% | |
| VeraBank | National bank | TX | $4.6 bn | 17.27% | 14.09% | 29.04% | |
| International Bank of Commerce | State nonmember bank | TX | $4.6 bn | 28.73% | 13.76% | 30.10% | |
| Hingham Institution for Savings | State-chartered stock savings bank | MA | $4.6 bn | 14.69% | 11.55% | 35.83% | |
. FDIC Call Reports.
Last eight quarters
Two years at PeoplesBank, to : assets +7.4%, deposits -3.9%, equity +12.8%. Staff 313 to 372; offices 18 to 21.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.3 bn | $4.3 bn | $4.3 bn | $4.3 bn | $4.3 bn | $4.5 bn | $4.6 bn | $4.6 bn |
| Total deposits | $3.7 bn | $3.4 bn | $3.5 bn | $3.4 bn | $3.5 bn | $3.6 bn | $3.5 bn | $3.5 bn |
| Bank equity capital | $362.9 mn | $364.5 mn | $376.7 mn | $384.6 mn | $393.8 mn | $399.4 mn | $403.2 mn | $409.4 mn |
| CET1 ratio | 11.16% | 11.38% | 11.66% | 11.85% | 12.29% | 12.20% | 12.04% | 12.39% |
| Return on equity (ROE) | 6.67% | 6.44% | 5.75% | 6.88% | 6.74% | 6.23% | 4.68% | 4.83% |
| Uninsured share of domestic deposits | 33.90% | 36.08% | 30.12% | 36.23% | 25.05% | 25.95% | 27.65% | 26.30% |
| Full-time equivalent employees | 313 | 320 | 348 | 350 | 345 | 354 | 360 | 372 |
| Number of offices | 18 | 18 | 19 | 20 | 20 | 20 | 21 | 21 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of PeoplesBank, oldest first; figures before and after each event are not like for like.
- . Absorbed The First National Bank of Suffield (FDIC certificate 2526).
Questions and identifiers
What were the total assets of PeoplesBank?
PeoplesBank reported $4.6 bn at in its Call Report. That makes PeoplesBank the 299th largest of 497 banks in our US coverage.
Is PeoplesBank the same as its holding company?
No. This page covers PeoplesBank, FDIC certificate 90213; PEOPLESBANCORP MHC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is PeoplesBank profitable?
PeoplesBank reported net income of $9.7 mn for the year to ; annualized return on equity: 4.83%. So yes: PeoplesBank made a profit over these months.
When is data for PeoplesBank next updated?
Figures from PeoplesBank for are due after .
Where can I check the figures for PeoplesBank?
In the FDIC BankFind Suite record for certificate 90213, and in the Call Reports of PeoplesBank (RSSD ID 613400) at the FFIEC Central Data Repository.