Updated
The most significant concentration Peoples Bancorp discloses is commercial loans at 62.1%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
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Source: Peoples Bancorp’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1: 'Commercial loans represented the largest portion of Peoples Bank's total loan portfolio, comprising approximately 62.1% and 60.3% of total loans at December 31, 2025, and at December 31, 2024, respectively.'”
“10-K Item 1A: 'Peoples relies, in significant part, on a single vendor for the systems which allow Peoples to provide banking services to Peoples' customers, with the systems being maintained on Peoples' behalf by this single vendor.'”
“10-K Item 1: 'Peoples Bank's portfolio of commercial real estate loans comprised 34.9% of total loans at December 31, 2025, and 33.9% at December 31, 2024.'”
Peoples Bancorp's concentration picture nets out into two distinct kinds of exposure: portfolio composition and vendor dependency. On the credit side, commercial loans make up approximately 62.1% of Peoples Bank's total loan portfolio, with commercial real estate loans forming a meaningful subset at 34.9%. Both are structural — a function of the bank's chosen lending mix rather than a one-off relationship — so what moves the credit story is the commercial and CRE cycle broadly, not any single borrower. The more idiosyncratic exposure sits on the operations side: Peoples relies on a single vendor for the core systems that allow it to deliver banking services to customers. That is a dependency risk rather than a portfolio-composition one — a disruption at that one vendor could impair service delivery in a way that diversified commercial lending exposure would not. Taken together, the bank's risk is concentrated in a way typical of a commercial-focused community bank: cyclical credit exposure to commercial and CRE borrowers layered with a single point of technology-vendor dependency that sits outside the credit cycle altogether.
For the engine’s reasoning on PEBO’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AMAL | Amalgamated Financial Corp. | 2 | 1 | 0 | 3 |
| PEBO● | Peoples Bancorp Inc. | 2 | 1 | 0 | 3 |
| ACNB | ACNB Corporation | 1 | 1 | 0 | 2 |
| ALRS | Alerus Financial Corporation | 1 | 1 | 0 | 2 |
| AMTB | Amerant Bancorp Inc. | 0 | 1 | 1 | 2 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.