PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

People's Bank of Commerce

Medford, OR · Cert 34685 · Pbco Financial Corp.

State charter, non-member · FDIC · 11 branches

Q2 2026

$776.7MAssets
$599.4MLoans
$618.2MDeposits
$115.6MEquity
Loan mix
86%RE $503.8M13%C&I $78.0M0%Consumer $2.5MQ3 2024Q2 2026
Deposit mix
63%Interest-bearing $389.0M37%Noninterest $229.2MQ3 2024Q2 2026

Market Position · Medford, OR · 2026 SOD (annual) · 8.5% share · #5 of 12 inst. · $0.4B of $4.5B

8.5% Jackson
4.3% Josephine
5.8% Linn
0.8% Marion

Executive Summary

  • Earnings: ROA of 1.34%, up 28 bps year over year; NIM at 4.46%.
  • Asset quality: problem loans at 0.90% of loans (+31 bps YoY), with net charge-offs at 0.20%.
  • Capital: tier 1 leverage ratio of 15.33%, up 148 bps from a year ago.
  • Funding: loans stand at 96.96% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.34%+28 bps YoY

Net Interest Margin (YTD, annualized)

4.46%+66 bps YoY

Efficiency Ratio (YTD, annualized)

61.82%-327 bps YoY

Tier 1 Leverage Ratio

15.33%+148 bps YoY

NIM

4.87%Q2 ’245.04%Q2 ’255.61%Q2 ’26+7%+17%

Non-interest income vs. expense

2.83%Q2 ’242.82%Q2 ’253.11%Q2 ’26-2%+11%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.97%1.09%1.03%1.06%1.07%1.14%1.45%1.34%+28 bps
Return on Equity7.99%8.84%8.03%8.14%8.10%8.47%10.04%9.17%+103 bps
Net Interest Margin3.55%3.57%3.70%3.80%3.83%3.91%4.38%4.46%+66 bps
Efficiency Ratio67.59%65.99%66.35%65.09%65.11%64.29%61.04%61.82%-327 bps
Non-Interest Burden2.22%2.18%2.28%2.28%2.30%2.32%2.45%2.53%+25 bps
Growth
Asset Growth (YoY)-2.96%4.41%2.85%2.88%2.95%-1.25%-4.06%-4.24%-712 bps
Loan Growth (YoY)7.42%5.44%0.65%0.52%1.72%4.30%3.93%5.38%+486 bps
Deposit Growth (YoY)2.87%6.79%7.39%4.47%1.79%-3.16%-5.91%-10.23%-1,470 bps
Asset Quality
Nonperforming Loans / Loans0.39%0.17%0.81%0.59%0.71%0.66%1.23%0.90%+31 bps
Net Charge-Offs / Loans0.01%0.02%0.00%-0.01%0.00%0.02%0.00%0.20%+21 bps
Allowance / Loans1.09%1.01%1.01%1.05%1.10%1.10%1.12%1.08%+3 bps
Allowance Coverage of NPLs2.8x6.0x1.2x1.8x1.5x1.7x0.9x1.2x-0.6x
Capital
Tier 1 Leverage Ratio13.35%13.56%13.69%13.84%14.06%14.16%14.92%15.33%+148 bps
Total Risk-Based Capital13.35%13.56%13.69%13.84%14.06%14.16%14.92%15.33%+148 bps
Equity / Assets12.85%12.79%12.95%13.33%13.72%14.29%14.53%14.88%+155 bps
Liquidity & Funding
Loans / Deposits84.06%81.71%81.42%82.60%84.00%88.00%89.94%96.96%+1,436 bps
Liquid Assets / Assets1.92%4.74%5.77%5.62%5.91%3.48%2.39%1.32%-430 bps
CRE / Total Capitaln/an/an/an/a384%390%385%n/an/a