The Peoples Bank (Chestertown, MD)
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Data as of · sourced from FFIEC call reports. How we update
The Peoples Bank is an FDIC-insured commercial bank headquartered in Chestertown, MD, established in 1910 (FDIC certificate 12885), and it is supervised by the FDIC. At Q3 2025 it reported total assets of $293.2M, down 2.0% from Q3 2024. Its CET1 capital ratio was 24.82% at Q3 2025, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 12885
- Headquarters
- Chestertown, MD
- Established
- 1910
- Total assets, Q3 2025
- $293.2M
- Assets vs Q3 2024
- -2.0%
- CET1 ratio, Q3 2025
- 24.82%
- Domestic offices
- 7 FDIC institution directory, current count
- Routing number
- 052100741
The Peoples Bank, based in Chestertown, Maryland, reported $293 million in assets at September 30, 2025, down 2.0% from a year earlier. It pays an average of 0.40% on its deposits and borrowings, a small fraction of the median of 1.97% for the 2,731 banks with $100 million to $1 billion in assets. It also shrank its loan book 4.9% over the year, lower than about 9 in 10 banks its size (median 5.4%).
Costs are the weak spot: it spends about 76 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 62 cents).
As of September 30, 2025, The Peoples Bank reported a CET1 capital ratio of 24.82%, a return on assets of 1.11%, a nonperforming-loan ratio of 0.29% and a Texas ratio of 1.30%. The figures come from its call report filed with the FFIEC.
From Q2 2025 to Q3 2025, its total assets fell 1.0% to $293.2M, loans fell 3.1% and deposits fell 1.6%. 1-4 family residential loans made up 48.6% of its total loans on September 30, 2025, its largest category; next came non-owner-occupied commercial real estate loans at 14.9%. The FDIC Summary of Deposits lists 7 offices for it, in 6 cities in MD; its Chestertown 2 offices book 47% of its branch deposits. By the capital ratios in its Q3 2025 call report, The Peoples Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 100 Spring Ave, Chestertown, MD 21620
- County
- Kent
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- October 1, 1910
- Former names
- The Peoples Bank (2006); Peoples Bank of Kent County, Maryland (1975-2006)
- Domestic offices
- 7 FDIC institution directory, current count
- Employees (FTE)
- 79
- Domestic deposits
- $252.0M
- Allowance for credit losses
- $2.5M
- Net charge-offs (YTD)
- -$37K
- Average total assets
- $297.0M
- Average total loans
- $182.8M
- Average interest-bearing deposits
- $146.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 12885
- Fed RSSD
- 750127
Profitability
Q3 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q3 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
The Peoples Bank's total assets moved between a low of $293.2M (Q3 2025) and a high of $354.7M (Q4 2022) from Q4 2022 to Q3 2025, and it earned a profit in all 12 quarters. The line under each chart compares Q3 2025 with Q3 2024. How these charts are built
$293.2M total assets against $299.4M; $253.6M total liabilities against $263.8M.
$176.3M net loans and leases against $185.3M; $252.0M total deposits against $258.8M.
$65.1M securities against $81.5M; $40.5M cash and balances due against $20.0M.
$3.2M total interest income against $3.2M; $258K total interest expense against $248K.
$2.9M net interest income against $3.0M.
$1.5M total noninterest income against $1.5M; $3.5M total noninterest expense against $3.4M.
-$50K provision for credit losses against $0.
$825K net income against $892K.
1.11% return on assets against 1.17%; 4.12% net interest margin against 4.09%.
24.82% CET1 capital ratio against 21.67%; 13.92% tier 1 leverage ratio against 12.60%.
Inside the full The Peoples Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeQuarterly trend: last 8 quarters
Across the 8 quarters to Q3 2025, its return on assets ran from 0.79% (Q4 2024) to 1.49% (Q1 2025) and its net interest margin ran from 3.98% (Q1 2024) to 4.12% (Q4 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2025 | 24.82% | 1.11% | 0.29% | 1.30% | 4.12% |
| Q2 2025 | 23.40% | 1.12% | 0.30% | 1.41% | 4.10% |
| Q1 2025 | 23.10% | 1.49% | 0.22% | 1.11% | 4.04% |
| Q4 2024 | 22.21% | 0.79% | 0.24% | 1.25% | 4.12% |
| Q3 2024 | 21.67% | 1.17% | 0.38% | 2.01% | 4.09% |
| Q2 2024 | 20.71% | 0.97% | 0.39% | 2.22% | 4.05% |
| Q1 2024 | 19.85% | 1.43% | 0.41% | 2.44% | 3.98% |
| Q4 2023 | 19.59% | 1.48% | 0.29% | 1.68% | 4.01% |
Swipe the table sideways to see every column.
Branch Network
View all 7 branches → Branch count from the FDIC Summary of Deposits, June 30, 2025. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| The Peoples Bank | Chestertown , MD | 21620 | $76.0M |
| Lees Corner Branch | Chestertown , MD | 21620 | $44.8M |
| Galena Branch | Galena , MD | 21635 | $41.5M |
| Rock Hall Branch | Rock Hall , MD | 21661 | $39.2M |
| Sudlersville Branch | Sudlersville , MD | 21668 | $29.3M |
| Millington Branch | Millington , MD | 21651 | $19.3M |
| Easton Branch | Easton , MD | 21601 | $6.0M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 1, 2026 | M&A | Acquired by Hanscom Federal Credit Union merger | SEC |
| January 1, 2026 | Structure Change | Charter Discontinued (Merger or Purchase & Assumption) | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Mortgage lending (HMDA)
- 42 applications, 32 loans originated, $6.9M originated, across 1 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Not on file
- Enforcement actions, Deposit market share, SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about The Peoples Bank
What are The Peoples Bank's total assets?
As of the Q3 2025 filing, The Peoples Bank reported total assets of $293.2 million in its FFIEC call report.
Where is The Peoples Bank headquartered?
It is headquartered in Chestertown, MD, United States.
When was The Peoples Bank founded?
It was established in 1910, per the FDIC institution directory.
Is The Peoples Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #12885). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Peoples Bank?
The Peoples Bank's primary federal regulator is the FDIC.
What is The Peoples Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 24.82% in its Q3 2025 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does The Peoples Bank operate?
It operates 7 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Peoples Bank's Texas Ratio?
Its Texas Ratio is 1.30% in its Q3 2025 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.
What was The Peoples Bank previously called?
The charter now named The Peoples Bank has also operated as The Peoples Bank (2006), Peoples Bank of Kent County, Maryland (1975-2006), per FDIC structure-change records.
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