# PEOPLES BANK
LUBBOCK, TX · FDIC certificate 19788 · asset band $1-10B · latest filing 2025-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.16B | |
| Deposits | $1.04B | |
| Loans and leases | $767.5M | |
| Total equity | $114.8M | |
| Loans / deposits | 73.47% (p23 of band) | 86.41% |
| Liquid assets / assets | 28.97% (p73 of band) | |
| Uninsured deposits / deposits | 30.29% (p48 of band) | 31.00% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.55% (p54 of band) | 10.37% |
| Unrealized securities loss / equity | -10.98% (p37 of band) | -7.29% |
| AOCI / equity | 6.48% (p79 of band) | |
| ROA (annualized) | 1.64% (p80 of band) | 1.12% |
| Net interest margin | 4.56% (p89 of band) | 3.59% |
| Efficiency ratio | 54.58% (p31 of band) | |
| Noncurrent loans | 0.85% (p71 of band) | 0.50% |
| Net charge-offs (annualized) | 0.01% (p34 of band) | |
| Reserve coverage of noncurrent | 99.00% | |
| Real estate % of loans | 68% | |
| Construction % of loans | 111.88% (p91 of band) | |
| Auto loans | $4.6M (0.60% of loans; DQ 0.13%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p36 of band) | |
| Deposits YoY | 4.1% | |
| Employees | 156 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | uninsured deposits leaving |  |
| 2012-06 | 1 | capital falling | uninsured deposits leaving |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | capital falling |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | capital falling |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | capital falling |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 0 |  | capital falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | capital falling, construction >100% equity |  |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity | capital falling |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | securities losses >30% of equity |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | reserve under noncurrent |  |
| 2025-06 | 1 |  | reserve under noncurrent |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | reserve under noncurrent |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-03-02 [/C O R R E C T I O N -- Cornerstone Capital Bank/ - PR Newswire](https://news.google.com/rss/articles/CBMi4gFBVV95cUxOVk9yVE1Mb0JVb3pTNnpuRzBKOGsyNTRxZkZ3RFByZUI4OU9MVlpDSTNyUXZlTzBoY2JYNzBSazVnUzdGbDhyMnNoYkhNTEo0TTdGZkVHRmw4aEtJYnFVVDhZVFEzOTM0TENlQ1Y1b1U5TUwwRG5BSGV5RlFiczFFR3ZTUGZGLXE3Qkw3ZjUwOUNzZllrTEE3ZG9RWE0ta3RxdTZUdEo3Q3dQVHlhRWxja3pncFhNM2M0Q01ZNGwwRnVpcVJlc0hOdzVPdUt3S19HZE5QcFZzN01HdFVQak1tdmJR?oc=5) · PR Newswire
- 2026-03-02 [Peoples Bank of Lubbock acquired by Houston company - Lubbock Avalanche-Journal](https://news.google.com/rss/articles/CBMizwFBVV95cUxQOFJScU4xRFc3QURDVkNVTldBOGNEV212cTVjbEI3WG9aSVdUcmN0Wk03dzNPcW5lTjhKUW1Dc21yWlcyVFhPUm5IRFdnSUM3YjhocnZ1OExJMElaMkx1UGwyMm8yUTJLSEZsOFFORnJlSDhhclRaelFSNkF3cFNBR3Z4MWpyLXFWbmxwMDRVVlBkTEZMc29HQWgtVndlVnQ2N0tuRXZWMDVxSzF3Y2xUMmFmRWFHdlpNNURPSWgyOWZBbjhHUnVDd2V2WjJmbG8?oc=5) · Lubbock Avalanche-Journal
- 2026-02-23 [Peoples Bank Announces Promotion of Carolyn Bell - eextra.news](https://news.google.com/rss/articles/CBMijwFBVV95cUxQWDR2b3BlcVlfZFJDbUFEMTdKV01zMW9oTG5wNmM2Wkd3VzdxN09MX2NzcmRQUm5vUnJDUFpmeGw2ZW1kYVJMMENvMDc5c2JCUVpYb1lNaWt6S2h6c1g0bUFERlNtYU56MHJnVUh1MnJ0SVhhSW8xN0xHaUVxbFRPZHhtTjVQeUtOX3lha3hBcw?oc=5) · eextra.news
- 2025-10-20 [Texas deal would create $3.1B bank - Banking Dive](https://news.google.com/rss/articles/CBMie0FVX3lxTE8weWJRTHFaVEdJLXRYTjQzdlFtd2JuNFJSWkxFczdXbHNVajBEdXNuSlJDQnJFTUZFaTJ1a25nRXd2UXRidFI1dXBvZkt6X2xJV00yS2JYeDFLX25CUjNPQ0RoLVF3ZHJvVHJ2VS0tNUZMaTBmdVU1NFBnOA?oc=5) · Banking Dive
- 2026-03-02 [Cornerstone Capital Bank completes first acquisition since transformative deal - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNZjhwODczb3BFR0d4Umg2RnRvaXpTbVVTNDFxRjZQSTJpY0Y5bUktaGNrWlBrYm9xQVFZazhFWjUyUDJYZ1FoWWlvX3hxdkt5dWtHaUk3QTFMSTJWbEdmRVB6VkxJem1fR2JyWXh6SXFVMUl2Vy1uYVZ6Tk5HR3NZS2FnWFBMa3ZEcDJVdTk0T2lSVnFsaVFRU3RqTk5tYnZ1V2RDX2pYeEk5R0E?oc=5) · The Business Journals
- 2025-10-17 [Peoples Bank to be Acquired by Cornerstone Capital Bank - themortgagepoint.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxOTjUwQWpELUh0UmtXWExUTTM0Ym9JOWFWQUo5SDh5YWp1aXZVYlFhaWhNQ3RGZk1LdUxpak93VlpMbmRwaHhCRjc1ZFVYQlZNcWJ5NmYxSVQ3YktjdWpRY2N3X3N0X2d6QmxnVDB4WExMWm4tbVhvUldXSzRYZms4c1QyOW1LcEM5UnRJSEhCQ1Z3OHp0OTZoNV9ZVXE?oc=5) · themortgagepoint.com
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2025-10-17 [Cornerstone Capital to acquire Peoples Bancorp in Texas - HousingWire](https://news.google.com/rss/articles/CBMiigFBVV95cUxNU0Jmc3RoMmpyTURlYjN6Mm9kZjdibzlIUUxCRDdNTXJiTHhjUm5BLTRsbnRPMi0zcExESnVlTDE3bFNaWTljWVdvNVRSYTU4N0xPYnZWbkd6Ry00RWl6ZEMzLXZKMW9QYXJPTTl2aGpra2FBaTFZT0d0MXBtUlNqdHgydVJ6SHNaRVE?oc=5) · HousingWire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=19788 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/12.json (key "19788", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide