Peoples Bank (Newton, NC)
BankRegReports is independent of Peoples Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Peoples Bank is an FDIC-insured commercial bank headquartered in Newton, NC, established in 1912 (FDIC certificate 5956), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.76B, up 4.2% from Q2 2025, the 10th largest of 38 banks headquartered in North Carolina. Its CET1 capital ratio was 14.55% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 5956
- Headquarters
- Newton, NC
- Established
- 1912
- Total assets, Q2 2026
- $1.76B
- Assets vs Q2 2025
- +4.2%
- CET1 ratio, Q2 2026
- 14.55%
- Domestic offices
- 16 FDIC institution directory, current count
- Routing number
- 053104869
- Holding company
- PEOPLES BANCORP OF NORTH CAROLINA, INC.
- Asset rank in state
- 10th of 38 in North Carolina
Peoples Bank, based in Newton, North Carolina, reported $1.8 billion in assets at June 30, 2026, up 4.2% from a year earlier. It pays an average of 1.21% on its deposits and borrowings, lower than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 2.01%). On the other hand, it spends about 68 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 58 cents).
Loans are outrunning deposits: over the year loans rose 10.5% and deposits rose 3.5%. Unrealized losses on its securities total $38 million, equal to 19% of Tier 1 capital, against 22% a year earlier.
As of June 30, 2026, Peoples Bank reported a CET1 capital ratio of 14.55%, a return on assets of 1.25%, a nonperforming-loan ratio of 0.41% and a Texas ratio of 2.81%. The figures come from its call report filed with the FFIEC.
Of the 38 banks headquartered in North Carolina, Peoples Bank is the 10th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.8% to $1.76B, loans rose 2.9% and deposits rose 1.8%. 1-4 family residential loans made up 33.3% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 22.2%. The FDIC Summary of Deposits lists 16 offices for it, in 12 cities in NC; its Hickory 3 offices book 21% of its branch deposits. On its Q2 2026 call report, Peoples Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 518 W C St, Newton, NC 28658
- County
- Catawba
- Metro Area
- Hickory-Lenoir-Morganton, NC
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- January 1, 1912
- Domestic offices
- 16 FDIC institution directory, current count
- Employees (FTE)
- 266
- Domestic deposits
- $1.57B
- Allowance for credit losses
- $10.6M
- Net charge-offs (YTD)
- $167K
- Average total assets
- $1.78B
- Average total loans
- $1.25B
- Average interest-bearing deposits
- $1.13B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5956
- Fed RSSD
- 220527
- SEC CIK
- 1093672 → filed by PEOPLES BANCORP OF NORTH CAROLINA, INC.
- Website
- https://www.peoplesbanknc.com →
- Parent Holding Company
- PEOPLES BANCORP OF NORTH CAROLINA, INC. (RSSD 2818245) · PEBK
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| William D Cable | CEO | President and CEO |
| Robert C Abernethy | CHR | Chairman of the Board |
| Jeffrey N. Hooper | CFO | EVP/Chief Financial Officer |
| Carol S. Shinn | COO | EVP, Chief Operations Officer |
| Turner Timothy Paul | CCO | EVP, Chief Credit Officer |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Peoples Bank's total assets moved between a low of $1.61B (Q3 2023) and a high of $1.76B (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.76B total assets against $1.69B; $1.59B total liabilities against $1.54B.
$1.27B net loans and leases against $1.15B; $1.57B total deposits against $1.52B.
$364.5M securities against $371.6M; $60.9M cash and balances due against $102.0M.
$21.5M total interest income against $20.7M; $5.3M total interest expense against $5.9M.
$16.2M net interest income against $14.8M.
$7.1M total noninterest income against $7.7M; $15.9M total noninterest expense against $15.7M.
$293K provision for credit losses against -$213K.
$5.6M net income against $5.5M.
1.25% return on assets against 1.27%; 3.85% net interest margin against 3.63%.
14.55% CET1 capital ratio against 14.79%; 11.50% tier 1 leverage ratio against 10.95%.
Inside the full Peoples Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Peoples Bank rankings
Its closest position to the top of a national ranking is 645 of 4,196, for total assets; its furthest is 785 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.91% (Q3 2025) to 1.56% (Q4 2025) and its net interest margin ran from 3.44% (Q3 2024) to 3.85% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.55% | 1.25% | 0.41% | 2.81% | 3.85% |
| Q1 2026 | 14.62% | 1.07% | 0.39% | 2.67% | 3.70% |
| Q4 2025 | 14.83% | 1.56% | 0.35% | 2.31% | 3.71% |
| Q3 2025 | 14.70% | 0.91% | 0.43% | 2.96% | 3.68% |
| Q2 2025 | 14.79% | 1.27% | 0.42% | 2.88% | 3.63% |
| Q1 2025 | 14.45% | 1.10% | 0.43% | 3.15% | 3.53% |
| Q4 2024 | 14.35% | 0.91% | 0.39% | 3.12% | 3.48% |
| Q3 2024 | 14.23% | 1.01% | 0.35% | 2.45% | 3.44% |
Swipe the table sideways to see every column.
Branch Network
View all 16 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Newton Branch | Newton , NC | 28658 | $303.3M |
| Conover Branch | Conover , NC | 28613 | $187.6M |
| Hickory Viewmont Branch | Hickory , NC | 28601 | $166.8M |
| Triangle Crossing Branch | Denver , NC | 28037 | $109.0M |
| Springs Road | Hickory , NC | 28601 | $98.9M |
| Denver Branch | Denver , NC | 28037 | $98.9M |
| Lincolnton Branch | Lincolnton , NC | 28092 | $81.9M |
| Catawba Branch | Catawba , NC | 28609 | $75.3M |
| The Mooresville Branch | Mooresville , NC | 28117 | $75.3M |
| Maiden Branch | Maiden , NC | 28650 | $74.4M |
| Hiddenite Branch | Hiddenite , NC | 28636 | $73.3M |
| Catawba Valley Blvd Branch | Hickory , NC | 28602 | $70.6M |
| Banco De Le Gente | Charlotte , NC | 28217 | $51.3M |
| Huntersville Branch | Huntersville , NC | 28078 | $51.2M |
| Claremont Branch | Claremont , NC | 28610 | $47.8M |
| Peoples Bank (main office) | Newton , NC | 28658 | $3.1M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in NC, rank 23 of 82 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 949 applications, 567 loans originated, $136.4M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $224K approved, $224K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2005 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Peoples Bank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Peoples Bank
What are Peoples Bank's total assets?
As of the Q2 2026 filing, Peoples Bank reported total assets of $1.76 billion in its FFIEC call report.
Where is Peoples Bank headquartered?
It is headquartered in Newton, NC, United States.
When was Peoples Bank founded?
It was established in 1912, per the FDIC institution directory.
Is Peoples Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5956). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Peoples Bank?
Peoples Bank's primary federal regulator is the FDIC.
What is Peoples Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.55% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Peoples Bank operate?
It operates 16 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Peoples Bank's Texas Ratio?
Its Texas Ratio is 2.81% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
Go deeper on Peoples Bank.
Get an email when Peoples Bank files its next call report, and benchmark it against any peer you choose.
Unlock Peoples Bank, freeFree account