Peoples Bank
Rock Valley, Iowa, Sioux County
$1.3B in total assets, the 886th largest of 4,309 US banks and 24th of 227 headquartered in Iowa.
- FDIC certificate
- 16265
- Established
- 1945
- Owned by
- Peoples Bcorp
- Primary regulator
- FDIC
- Website
- www.peoples-ebank.com
At a glance
Compared with 26 banks headquartered in Iowa with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.3B | 12% | $1.8B | |
| Loans | $1.1B | 27% | $1.3B | |
| Deposits | $1.0B | 12% | $1.5B | |
| Return on assets | 2.02% | 96% | 1.28% | |
| Net interest margin | 4.09% | 98% | 3.49% | |
| Efficiency ratio | 48.0% | 38% | 52.3% | |
| Equity to assets | 11.07% | 69% | 10.14% | |
| Loans to deposits | 103% | 81% | 90% |
Growth
Total assets grew 10.9% a year over the last 5 years and 10.5% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2018 | Pinnacle Bank Sioux City Sioux City, IA | $70M |
| Jan 2008 | Farmers State Bank Hawarden, IA | $45M |
| Mar 2006 | Jasper State Bank Jasper, MN | $17M |
| Jun 1994 | United Federal Savings Association of Iowa Des Moines, IA | $196M |
Where they operate
10 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Sioux County, IA | $632M | 21.6% | 2 of 9 |
| O'brien County, IA | $125M | 12.2% | 5 of 9 |
| Woodbury County, IA | $81M | 2.4% | 11 of 20 |
| Plymouth County, IA | $80M | 5.6% | 7 of 8 |
| Lyon County, IA | $67M | 8.8% | 5 of 6 |
| Rock County, MN | $45M | 10.8% | 4 of 4 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 3 branches since 2016 (7 to 10, +42.9%). 1 opened, 2 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 7 | |||
| 2018 | Acquired Pinnacle Bank Sioux City | 2 | 0 | +2 | 9 |
| 2022 | Opened North Sioux City | 1 | 0 | +1 | 10 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Agricultural | 40% | 8% | |
| Business (C&I) | 15% | 14% | |
| Farmland | 14% | 12% | |
| Commercial real estate | 12% | 23% | |
| 1-4 family residential | 8% | 21% | |
| Construction and land | 5% | 8% | |
| Multifamily | 2% | 11% | |
| Consumer | 1% | 1% | |
| Other | 2% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 49% | 58% | |
| Time deposits | 36% | 27% | |
| Noninterest-bearing | 14% | 15% |
Brokered deposits are 7.0% of deposits (peers 4.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.85% | 0.28% |
| Net charge-offs, annualized | 0.01% | 0.01% |
| Reserves to loans | 1.32% | 1.19% |
| Leverage ratio | 10.73% | 10.19% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Iowa
Largest competitors in Sioux County, IA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/peoples-bank-rock-valley-ia