Peoples Bank
Bellingham, WA
IDRSSD: 455972
Total Assets
$2.47B
Latest filing
Total Deposits
$2.14B
Latest filing
Net Interest Margin
4.37%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Peoples Bank
3100 Woburn St
Bellingham, WA 98226
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/07/1921FDIC Certificate 4153
Branches (22)
Page 1 of 4| Name | Address | City / State |
|---|---|---|
| Peoples Bank (Main) | 3100 Woburn St | Bellingham, WA |
| FAIRWAY OFFICE | 1700 Front St | Lynden, WA |
| EVERSON OFFICE | 200 E Main St | Everson, WA |
| CORDATA OFFICE | 4183 Meridian St | Bellingham, WA |
| DOWNTOWN BELLINGHAM OFFICE | 1333 Cornwall Ave | Bellingham, WA |
| FERNDALE OFFICE | 1895 Main St | Ferndale, WA |
| MOUNT VERNON OFFICE | 1801 Riverside Dr | Mount Vernon, WA |
| FAIRHAVEN OFFICE | 1401-12th Street | Bellingham, WA |
Showing 7 of 22
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 | 01/07/1921 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 98226 |
| State and County Number | 53073 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 12 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | San Francisco |
| Core Based Statistical Area Name | Bellingham, WA |
Operational Info
| Number of Employees | 391 |
| Domestic Offices | 23 |
| 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 | www.peoplesbank-wa.com |
| Data Updated | 11/14/2025 |
| CERT | 6158 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $2.47B |
| Total Deposits | $2.14B |
| Total Liabilities | $2.16B |
| Total Equity Capital | $308.98M |
| Net Income | $7.04M |
| Net Loans and Leases | $1.95B |
| Assets Per Employee ($Millions) | $6.39M |
| Bank Premises and Fixed Assets | $57.90M |
| Cash and Balances due from Depository Institutions | $266.53M |
| Deposits Held in Domestic Offices | $2.14B |
Key Performance Ratios
| Return on Assets (ROA) | 1.15% |
| Return on Equity (ROE) | 9.23% |
| Net Interest Margin | 4.37% |
| Efficiency Ratio | 67.6% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.07% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.532% |
| Earning Assets to total Assets | 94.83% |
Income and Expense
| Total Interest Income | $32.77M |
| Total Noninterest Income | $3.30M |
| Total Interest Expense | $7.53M |
| Total Noninterest Expense | $19.29M |
| Net Interest Income | $25.24M |
| Pre-tax Net Operating Income | $8.80M |
| Provision for Credit Losses | $450.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $806.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $18.99M |
| Total Liabilities and Capital | $2.47B |
Securities
| Securities | $149.50M |
| Available-for-sale debt securities | $130.26M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $14.76M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Peoples Bank?
$2.47B as of the latest filing.
How much are Peoples Bank's total deposits?
$2.14B in total deposits.
Where is Peoples Bank located?
Bellingham, WA.
What is the Net Interest Margin?
4.37%.
How many domestic offices does it operate?
23.
When was it established?
01/07/1921.
What is the Return on Assets (ROA)?
1.15%.
How much are total loans and leases?
$1.95B (latest filing).
What is the total interest income (latest filing)?
$32.77M.