Peoples National Bank, N.A.

Peoples National Bank, N.A. operates with a thinner capital cushion than most banks of its size. The Mount Vernon, Illinois bank had $2.1 billion in assets at June 30, 2026, up 11.0% from a year earlier. It holds common equity equal to 9.75% of its risk-weighted assets, lower than about 9 in 10 of the 880 banks with $1 billion to $10 billion in assets (median 13.50%). On the other hand, it keeps 4.26 cents of net interest income on every dollar of earning assets, higher than about three-quarters of banks its size (median 3.71 cents). It has also been growing, with assets up 11.0% in a year.

The non-owner-occupied commercial real estate book ($400 million) is worsening: 2.01% of it is past due or on nonaccrual, up from 0.62% a year earlier. Net income for the quarter slipped 16% from a year earlier, to $6.6 million. Credit is the area to watch: it carries problem assets equal to 8.4% of the capital and reserves that would absorb them, 2.3 times the median of 3.6% for banks its size.

As of June 30, 2026, Peoples National Bank, N.A. reported a CET1 capital ratio of 9.75%, a return on assets of 1.32%, a nonperforming-loan ratio of 0.84% and a Texas ratio of 8.37%. The figures come from its call report filed with the FFIEC.