The Peoples Bank: Loan Modifications and Restructuring
Data as of · Call Report Schedules RC-C Memoranda and RC-N How we update
Loans whose terms were changed for a borrower in financial difficulty. Modification postpones a loss rather than removing it, so a modified book growing faster than the non-performing book is worth reading as an early signal rather than a clean bill of health.
Compared with Q1 2026, Non-performing loans to total loans fell 0.25 percentage points in Q2 2026 to 2.55%, the biggest move on this page.
Modified loans
| Line item | Q2 2026 |
|---|---|
| Modified loans and leases | $812K |
| Modified loans to total loans | 0.53% |
| Non-performing assets excluding restructured loans, to assets | 1.56% |
Read against the non-performing book
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to total loans | 2.55% |
| Nonaccrual loans to loans | 2.02% |
| Loans 90+ days past due to loans | 0.22% |
| Net charge-off ratio | 0.35% |
| Allowance for credit losses to loans | 1.69% |
Shown side by side so the modified share can be compared with recognised non-performing loans and with what has already been charged off.
Loan Modifications and Restructuring trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
A modified share rising while the non-performing share stays flat is the pattern worth investigating.
Loan Modifications and Restructuring by quarter
| Quarter | Modified loans | Non-performing loans | Net charge-offs |
|---|---|---|---|
| Q3 2023 | 0.07% | 2.19% | 1.28% |
| Q4 2023 | 0.26% | 2.65% | 1.02% |
| Q1 2024 | 0.26% | 2.93% | 0.79% |
| Q2 2024 | 0.28% | 2.62% | 1.14% |
| Q3 2024 | 0.50% | 2.82% | 1.09% |
| Q4 2024 | 0.48% | 2.90% | 1.20% |
| Q1 2025 | 0.97% | 3.33% | 0.99% |
| Q2 2025 | 0.76% | 2.88% | 0.44% |
| Q3 2025 | 0.80% | 2.73% | 0.59% |
| Q4 2025 | 0.92% | 3.10% | 0.04% |
| Q1 2026 | 0.57% | 2.80% | 0.20% |
| Q2 2026 | 0.53% | 2.55% | 0.35% |
The Peoples Bank loan modifications and restructuring, all the way back
Loan Modifications and Restructuring back to 2001 · peer percentiles on every line item · Excel export
Unlock The Peoples Bank, freeSource: Call Report Schedules RC-C Memoranda and RC-N, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full The Peoples Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 12531) · FFIEC NIC profile (RSSD 712648)