# PEOPLES BANK
BELLINGHAM, WA · FDIC certificate 6158 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $2.42B | |
| Deposits | $2.08B | |
| Loans and leases | $1.94B | |
| Total equity | $322.5M | |
| Loans / deposits | 91.62% (p64 of band) | 87.10% |
| Liquid assets / assets | 17.31% (p34 of band) | |
| Uninsured deposits / deposits | 32.52% (p55 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.27% (p86 of band) | 10.50% |
| Unrealized securities loss / equity | -1.81% (p82 of band) | -7.75% |
| AOCI / equity | 0.08% (p83 of band) | |
| ROA (annualized) | 0.96% (p28 of band) | 1.26% |
| Net interest margin | 4.06% (p72 of band) | 3.70% |
| Efficiency ratio | 73.70% (p85 of band) | |
| Noncurrent loans | 0.11% (p14 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p23 of band) | |
| Reserve coverage of noncurrent | 1387.76% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 23.77% (p21 of band) | |
| Auto loans | $416,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $2.7M (1% of equity) (p75 of band) | |
| Deposits YoY | -0.7% | |
| Employees | 384 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 1 |  | construction >100% equity |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 0 |  | reserve under noncurrent |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 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 | 1 | liquid assets <10% |  |
| 2015-09 | 1 | capital falling | liquid assets <10% |
| 2015-12 | 0 |  | capital falling |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | capital falling |  |
| 2018-03 | 0 |  | capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 1 | capital falling |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 | expense ratio p90 | capital falling |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | deposits shrinking, assets shrinking | expense ratio p90 |
| 2023-03 | 3 | uninsured deposits leaving |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | uninsured deposits leaving |
| 2023-12 | 2 |  |  |
| 2024-03 | 1 |  | assets shrinking |
| 2024-06 | 0 |  | deposits shrinking |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2026-08-20 [Peoples Bank CD Rates - SmartAsset](https://news.google.com/rss/articles/CBMibkFVX3lxTE1yVHRDT2pzWDZwMlR1Rjlpckc4TEhXdnNfTDZWSE1oRVRMWktsYk10cUhIbXFvNFJVZFk4dk55T1FGb2x1UWFPQ2UtVzZUOE9TRUZsUmJ3Tm5lR2R2YUp0MVVWTDdpdG9rZHF6MU9R?oc=5) · SmartAsset
- 2026-03-18 [Peoples Bank Is Expanding Into The DMV. What Potential Does It See In The Area? - bisnow.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxQNklkeDZibmxtckhRODBvYmlxZ3o2TEpzZVZFQS1adkNQVUtjOHh5dlh1dEZJS3hHRTY0S2dUdmMtZG5sT191Qkg2dnVXVF93WWVMWkRIcjNjQXF4MTFfbjdWcUl3dmJmd2xYNEJWcTVXZlNrUTNTRUdwOGJhb2RnRXpHNzdGTmxiWmlmaHRuWWlsWnJ6dFpGamRybw?oc=5) · bisnow.com
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2025-10-27 [Peoples Bank Awards $10,000 Peoples Choice Impact Grant to Downtown Bellingham Partnership for “Elevate Downtown” Public Art Project - WhatcomTalk](https://news.google.com/rss/articles/CBMi_AFBVV95cUxQZUNrQ1plTnpfRFk3dEdJTlhJcDNQYnljdnBRVGl4Y1Q0d0d2aVk1cVZTTVltcUhMS0ZRWkliRjlXTzJQZWlZR18yWlFkeEtrMGZ4MDBUQmdzeVk1WXM5TWhaeXJZMjlpMHM3T3NmTDRTSS0xUnRuakhyQ1pfNzRORUVKS2xxVnlMNWhUVC00RzE3OWIwVDZfeG5tdkhXSDVkQ3pWYm4welpITGd4ZTVpdWw3c0ZqVDNrQ2hyelNSV0wyazdqN19RTzhXTl95dlNmVXVrRlBxUUJxMGQzMU1WNFktSTZRSmptQWRzclZ3YTZYTEUxLXJYWXlQQVQ?oc=5) · WhatcomTalk
- 2026-06-10 [Best Certificates of Deposit (CDs) in Washington for 2026 - moneyrates.com](https://news.google.com/rss/articles/CBMiakFVX3lxTE83NjUwZ1ZwbC1hRVUwekUxV0JMcjhfSXpZZWx5UENxcGRWLWhDUEJUZEZhWWc4QXNPRVhCRGF2NWVvVUV1QjFKUGNFUjhlenh1NFkydTFEOEhRT2xYanFSR3lEVUZaaEFtd0E?oc=5) · moneyrates.com
- 2025-10-24 [Ad Astra Radio’s October Classroom Hero Allison Unruh, Presented by Peoples Bank and Trust - Ad Astra Radio](https://news.google.com/rss/articles/CBMiywFBVV95cUxQalRXb2YtT084UXdlQ0w5UkpUd3NBelV2U2lfTmFJV09wRjZYMWNhREVyUG11MHAxR2FhbkFtWERzbExpWW9OanJBZ0k2RzdyR2c3b2pVZjIzamx4T2ZIendRSzlYM3FrTGRCclBVenhfV19FQm50cE5NMXFISFh0YUNqYkRudVZzUmtieUVSU3N0aGpiaHZNS0toczRVYkdpd1UxTkRHckZLaHlzUV9sdzlxbXJGd0liWGpQNjdxV1dpbGtyOXdrMlY3dw?oc=5) · Ad Astra Radio
- 2023-06-10 [Sponsor spotlight: Peoples Bank makes true connections in the Edmonds community - My Edmonds News](https://news.google.com/rss/articles/CBMiswFBVV95cUxNMnBvMFRyNmoxcTJnMjUxLWU4UmxLRjNjdnpUYXBFdUpkeHVkLUs1VldyYjk0UVhCUUZCeFJ3bi14VXBnR042YlJGRXYtWFJrbU5OODBreU1MWDdyTEQ0TF8tanBUUThPa251ZWdxdkpZdDBvZEJkYnZsejcyTDNUX0F0SkdHZFVEVGJEX3Fidk9JX0prRE12M21CWkV1MGxkSEd1bjJ0U2FqalhGQ3p3OUl4VQ?oc=5) · My Edmonds News
- 2026-01-10 [Hanscom Federal Credit Union completes acquisition of The Peoples Bank - MyEasternShoreMD](https://news.google.com/rss/articles/CBMihgJBVV95cUxOS0daTEREY0d6MXdRUW5IUE9fbEl2OGdmdjd6blF4c3J4aUg1Mzdya2Y2YWduYk1kN1A5M2EwQkxkZ29mZ2tkWFluekYxalYyWjN1cTR0QXpLQVJBbmlZRUdtQ3RRNG1XYS11aHFIbXhvdWsyRk1VbTJENkgzX2c5MVo2dkZfMnJyRXVvWDUtbjhqTnpDUVZsWnhXNWxBVzNvRU16Q3NWWmFqWFZtdkcybmRRZE1odWFhbzNQS19lVTRmLUJFZkEwTjVlN3J4RFZBanFEZ0I5eENFdE1YcTd4SFpJLVRKbEpfOWl0Y3BQRVZkM1NmOW40aFo3VC1xVDMwcVZoRld3?oc=5) · MyEasternShoreMD

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=6158 (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/14.json (key "6158", 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.

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