# PEOPLES BANK
MUNSTER, IN · FDIC certificate 29523 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $2.04B | |
| Deposits | $1.73B | |
| Loans and leases | $1.50B | |
| Total equity | $177.0M | |
| Loans / deposits | 85.80% (p47 of band) | 87.10% |
| Liquid assets / assets | 19.84% (p45 of band) | |
| Uninsured deposits / deposits | 28.02% (p42 of band) | 30.76% |
| Brokered deposits | 0.01% | |
| Wholesale funding | 4.68% (p45 of band) | |
| FHLB advances / assets | 3.19% | |
| Tier 1 leverage | 9.31% (p19 of band) | 10.50% |
| Unrealized securities loss / equity | -31.00% (p9 of band) | -7.75% |
| AOCI / equity | 0.07% (p83 of band) | |
| ROA (annualized) | 0.43% (p7 of band) | 1.26% |
| Net interest margin | 3.26% (p24 of band) | 3.70% |
| Efficiency ratio | 83.84% (p96 of band) | |
| Noncurrent loans | 1.10% (p76 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p9 of band) | |
| Reserve coverage of noncurrent | 106.92% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 43.89% (p46 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | -1.3% | |
| Employees | 305 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 0 |  | reserve under noncurrent |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | capital falling |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | capital falling |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 0 |  | capital falling |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | charge-offs p90 |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | charge-offs p90 |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | charge-offs p90 |  |
| 2018-06 | 0 |  | charge-offs p90 |
| 2018-09 | 1 | expense ratio p90 |  |
| 2018-12 | 1 | capital falling | expense ratio p90 |
| 2019-03 | 3 | expense ratio p90, reserve under noncurrent |  |
| 2019-06 | 1 |  | capital falling, expense ratio p90 |
| 2019-09 | 0 |  | reserve under noncurrent |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2020-12 | 1 |  | noncurrent p90 |
| 2021-03 | 0 |  | reserve under noncurrent |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 3 | AOCI drag >20% of equity, expense ratio p90, reserve under noncurrent |  |
| 2022-06 | 5 | capital falling, securities losses >30% of equity, construction >100% equity | reserve under noncurrent |
| 2022-09 | 4 |  | capital falling |
| 2022-12 | 3 |  | construction >100% equity |
| 2023-03 | 4 | noncurrent p90, reserve under noncurrent | AOCI drag >20% of equity |
| 2023-06 | 4 | capital falling, deposits shrinking | noncurrent p90, reserve under noncurrent |
| 2023-09 | 3 | construction >100% equity | capital falling, deposits shrinking |
| 2023-12 | 2 |  | construction >100% equity |
| 2024-03 | 2 | NIM <2.5% | expense ratio p90 |
| 2024-06 | 1 |  | NIM <2.5% |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | expense ratio p90 |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 2 |  |  |

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

- 2026-09-04 [Lawson takes president position at Peoples Bank of Kentucky - The Hendersonian](https://news.google.com/rss/articles/CBMikwFBVV95cUxOV0RKX3RINlFkV0JxblJKNEY3blk0YVEwcnlydWo4SVZEQ0FoSG1hQld1WEd0UkItbkViOTZEZVR2blNhcXBCSDFjekJfbi1lLU5YTmxDa2R2bG13OUFBZUwyb1BBMmt5TG9OVjAzeG1uX3dWdFEwcE50UVBESFRyLUNxdXBoUmpaWUg5NlRxdzBONW8?oc=5) · The Hendersonian
- 2026-09-03 [Peoples Bank pledges $45k over 3 years to Bowling Green nonprofit - WBKO](https://news.google.com/rss/articles/CBMinwFBVV95cUxPc3EtbUoxTVZHYWhKR19hYk9OT2xEdE5HMnI5a1dTUGFERzBxQVVBNjBMRkZyeTkyelczX3VQQ0xtemRPQmpKNGZvd1YxYkt4UERiQ0xXcGJoNFB3aW5vZV91NHRXMGV2ZUJiak43Sm1kUHZZU0tyVHZxQXdwLXR4SWtCQjU1azVCVmYzZ0VRanZmRDR6TG54cmczNGVLZVE?oc=5) · WBKO
- 2026-04-27 [Ohio’s Peoples Bank to expand in Kentucky - Banking Dive](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPM3ZFNWp5b1RhcFVOOHVUTWdDczFXaEt6RXFzbDJqaTlHTVluMUNJb21MMUd5bWVPbFRyOVE2akVVdmtnOEw1aTRHb3JhZGJoUElXbURDT1hxcVR1VnBKcmF6UEN0MUpaQkJoeWV4NEh5ejBCVEZ2YUl6WkFQMGVjUHEyZ1ljZnoz?oc=5) · Banking Dive
- 2026-08-31 [Stage presents: Settlers Bank makes $500,000 investment in Peoples Bank Theatre - - Marietta Times](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNcmN1WEpSLUEtcGdreG1aSTlMaUdsX2dBdklSb3dQYTk1blRqZVp4S2dkYTlwaHlWcFc5bEs1T3BiZWE5SXlkWXNLZVFDcmFjd3RNajhVRVZLREJyaVdNemUxUVFDTXZCX09uS2FkWnRQaDh6MDcyVE5WNzhETjZRc0MzNGxMUm9hM2U5RVlvQUEyZExORXVYdVRSNGoyUS1EUVJNN0E3NGM?oc=5) · Marietta Times
- 2026-08-17 [Peoples Bank And Trust Celebrates Andrew Olson And Trevor Taylor - Taylorville Daily News](https://news.google.com/rss/articles/CBMipAFBVV95cUxQU0RYVGV3X0ZYQ2d4S2hCZlh3YmZINGZDaWxXNjM2ZTZNOEI5VDF6VFZjLU42STVrVWdZZ3liVzVBM2pXR1NGNWt6c3k1M1MtU0ZFVUF6Vm5Xc0otckI3LVdVMExCTU4xTDh6bGlISVJrc0ZIdU1iME50UjY1cjc4OHFGOWRqTUVSU0xYd2k5ZHdkSGZ5Qngyd2NXaW9PR1Y5Z0dTNA?oc=5) · Taylorville Daily News
- 2026-07-21 [Peoples Bank will become First Financial in $208M deal - Northwest Indiana Business Magazine](https://news.google.com/rss/articles/CBMimgFBVV95cUxNd09YTXlEdXBtUTIwWFV1X2s3ZWQyem9NaXlsTmRPZXhYR0tQTzkySXZ1QWNuU0pzMlY2bkdLbU9jSWhSTk90VndkalE2QXVKd3ExN25HNFFOOXpiRFhOM1FGTnV3ZTFDSUhpWk9oU1hySGtaM3dnMEMtTUl2cm1xMjdib2J1T0o0Yld4VWtOdjZvS1VZSXIyT1p3?oc=5) · Northwest Indiana Business Magazine
- 2026-09-03 [Peoples Bank bolsters Wilmington College’s Critical Needs Fund - Wilmington News Journal](https://news.google.com/rss/articles/CBMinAFBVV95cUxQLXNpYmIybm44SU5DenBiTUZQS3ZlMndXMGVGWWtHWHpYQ1otaDlFZnJ4SVFTMDBnNWwwTVhjRTlHNmJOV1VaXzk2TDNpaGZ6cHhucTFSMDBwQXJYU0xHc0FHRmJLX3V5a2RzSlUtWUx2TktsZFBqcW1SWVdLN3A4TDhHc1p6RzNlcjVOTVk2WTBtcTFhcFZYNENKYm0?oc=5) · Wilmington News Journal
- 2026-05-11 [Celebrating Peoples Bank’s $1 Million gift as construction begins on the Peter Paulsen Pavilion - PeaceHealth](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQekJnekJKTEE1Q3otT0o3alRKTUpzRHMyM2JKTFZFR090eHZJeGY5bXBrYjI5ckNPWmc2LUtPOWtJZHluc1pnMF9vNlVVbW9iVXFNdDFod2Zrd3ZIcEszdHdKNmpjTEM5blRxNXZ0MGF2WnN6c3NnbkhOQ09CMWNkcTNUdnlBSjU5bG1ERlpYVHh0dkhSNUVaRzFQckhIWnl3SUd6aUlpOTQ5dWhFWnBFMEZoTG80MGVlaktkaTJrMUNhZw?oc=5) · PeaceHealth

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29523 (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/19.json (key "29523", 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