Peoples Bank
Newton, NC
IDRSSD: 220527
Total Assets
$1.74B
Latest filing
Total Deposits
$1.55B
Latest filing
Net Interest Margin
3.80%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Peoples Bank
518 W C St
Newton, NC 28658
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1912FDIC Certificate 4040
Branches (16)
Page 1 of 3| Name | Address | City / State |
|---|---|---|
| Peoples Bank (Main) | 518 W C St | Newton, NC |
| CLAREMONT BRANCH | 3261 E Main St | Claremont, NC |
| MAIDEN BRANCH | 200 Island Ford Rd | Maiden, NC |
| CATAWBA BRANCH | 106 N Main St | Catawba, NC |
| SPRINGS ROAD | 3310 Springs Rd Ne | Hickory, NC |
| HIDDENITE BRANCH | 5153 Nc Highway 90 E | Hiddenite, NC |
| CONOVER BRANCH | 213 1st St W | Conover, NC |
| DENVER BRANCH | 6125 Highway 16 South | Denver, NC |
Showing 7 of 16
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1912 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 28658 |
| State and County Number | 37035 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Hickory-Lenoir-Morganton, NC |
Operational Info
| Number of Employees | 277 |
| Domestic Offices | 17 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | https://www.peoplesbanknc.com |
| Data Updated | 11/14/2025 |
| CERT | 5956 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.74B |
| Total Deposits | $1.55B |
| Total Liabilities | $1.57B |
| Total Equity Capital | $162.79M |
| Net Income | $4.01M |
| Net Loans and Leases | $1.17B |
| Assets Per Employee ($Millions) | $6.27M |
| Bank Premises and Fixed Assets | $14.42M |
| Cash and Balances due from Depository Institutions | $117.02M |
| Deposits Held in Domestic Offices | $1.55B |
Key Performance Ratios
| Return on Assets (ROA) | 0.93% |
| Return on Equity (ROE) | 10.02% |
| Net Interest Margin | 3.8% |
| Efficiency Ratio | 74.54% |
| Tier 1 Risk-Based Capital Ratio | 14.704% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.12% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.369% |
| Earning Assets to total Assets | 94.37% |
Income and Expense
| Total Interest Income | $21.40M |
| Total Noninterest Income | $7.13M |
| Total Interest Expense | $6.04M |
| Total Noninterest Expense | $16.76M |
| Net Interest Income | $15.35M |
| Pre-tax Net Operating Income | $5.19M |
| Provision for Credit Losses | $530.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $20.48M |
| Total Liabilities and Capital | $1.74B |
Securities
| Securities | $376.87M |
| Available-for-sale debt securities | $376.87M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Peoples Bank?
$1.74B as of the latest filing.
How much are Peoples Bank's total deposits?
$1.55B in total deposits.
Where is Peoples Bank located?
Newton, NC.
What is the Net Interest Margin?
3.80%.
How many domestic offices does it operate?
17.
When was it established?
01/01/1912.
What is the Return on Assets (ROA)?
0.93%.
How much are total loans and leases?
$1.17B (latest filing).
What is the total interest income (latest filing)?
$21.40M.