Bellingham, WA · Cert 6158 · Peoples Bcorp
State charter, non-member · FDIC · 23 branches
Q2 2026
Market Position · Bellingham, WA · 2026 SOD (annual) · 23.6% share · #1 of 14 inst. · $1.2B of $5.1B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.88% | 1.39% | 0.81% | 0.90% | 1.15% | 1.14% | 0.84% | 1.06% | +16 bps | |
| Return on Equity | 7.30% | 11.45% | 6.67% | 7.30% | 9.23% | 8.99% | 6.66% | 8.22% | +92 bps | |
| Net Interest Margin | 3.62% | 3.69% | 3.67% | 3.80% | 4.13% | 3.94% | 3.72% | 3.96% | +16 bps | |
| Efficiency Ratio | 75.62% | 55.53% | 75.72% | 72.32% | 67.60% | 68.29% | 75.26% | 72.21% | -12 bps | |
| Non-Interest Burden | 2.59% | 1.85% | 2.66% | 2.60% | 2.62% | 2.52% | 2.69% | 2.70% | +10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.55% | 2.41% | 2.64% | 0.95% | 1.77% | -0.23% | 3.25% | 0.16% | -79 bps | |
| Loan Growth (YoY) | 5.91% | 5.08% | 2.84% | 3.24% | 2.24% | 1.19% | 0.02% | -2.43% | -567 bps | |
| Deposit Growth (YoY) | -1.61% | 1.79% | 2.34% | 0.26% | 1.29% | -0.81% | 2.84% | -0.71% | -98 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.10% | 0.09% | 0.13% | 0.14% | 0.08% | 0.08% | 0.08% | 0.11% | -3 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.03% | -0.01% | 0.04% | 0.03% | 0.01% | 0.00% | 0.00% | -4 bps | |
| Allowance / Loans | 1.49% | 1.49% | 1.49% | 1.48% | 1.49% | 1.50% | 1.52% | 1.50% | +3 bps | |
| Allowance Coverage of NPLs | 14.7x | 16.5x | 11.4x | 10.4x | 18.8x | 19.9x | 17.9x | 13.9x | +3.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.36% | 12.48% | 12.28% | 12.59% | 12.70% | 12.78% | 12.56% | 13.27% | +68 bps | |
| Total Risk-Based Capital | 12.36% | 12.48% | 12.28% | 12.59% | 12.70% | 12.78% | 12.56% | 13.27% | +68 bps | |
| Equity / Assets | 12.10% | 12.18% | 12.16% | 12.50% | 12.53% | 12.74% | 12.58% | 13.33% | +84 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.89% | 90.81% | 91.88% | 94.66% | 92.75% | 92.64% | 89.36% | 93.02% | -164 bps | |
| Liquid Assets / Assets | 6.25% | 8.44% | 8.12% | 7.01% | 10.15% | 11.52% | 15.42% | 12.62% | +561 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 345% | 341% | 335% | n/a | n/a | |