People's Bank of Commerce
Medford, Oregon, Jackson County
$777M in total assets, the 1,309th largest of 4,309 US banks and 7th of 14 headquartered in Oregon.
- FDIC certificate
- 34685
- Established
- 1998
- Owned by
- Pbco Financial Corp
- Primary regulator
- FDIC
- Website
- www.peoplesbank.bank
At a glance
Compared with 10 banks headquartered in Oregon with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $777M | 70% | $650M | |
| Loans | $599M | 80% | $408M | |
| Deposits | $618M | 70% | $557M | |
| Return on assets | 1.27% | 70% | 0.85% | |
| Net interest margin | 4.90% | 90% | 3.85% | |
| Efficiency ratio | 61.8% | 20% | 73.5% | |
| Equity to assets | 14.88% | 80% | 11.17% | |
| Loans to deposits | 97% | 98% | 79% |
Growth
Total assets grew -0.7% a year over the last 5 years and 11.6% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Mar 2021 | Willamette Community Bank Albany, OR | $218M |
Where they operate
11 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Jackson County, OR | $379M | 8.5% | 5 of 12 |
| Josephine County, OR | $86M | 4.3% | 9 of 10 |
| Linn County, OR | $80M | 5.8% | 7 of 9 |
| Marion County, OR | $54M | 0.8% | 11 of 13 |
| Lane County, OR | $10M | 0.1% | 14 of 14 |
| Klamath County, OR | $9M | 0.9% | 7 of 7 |
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 6 branches since 2016 (5 to 11, +120.0%). 5 opened, 3 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 5 | |||
| 2016 | Opened Grants PassClosed Grants Pass | 1 | 1 | 0 | 5 |
| 2018 | Opened Klamath Falls | 1 | 0 | +1 | 6 |
| 2021 | Acquired Willamette Community Bank | 3 | 0 | +3 | 9 |
| 2022 | Opened Jacksonville | 1 | 0 | +1 | 10 |
| 2023 | Opened Eugene | 1 | 0 | +1 | 11 |
| 2024 | Opened EugeneClosed Eugene | 1 | 1 | 0 | 11 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 54% | 42% | |
| Multifamily | 16% | 13% | |
| Business (C&I) | 15% | 8% | |
| 1-4 family residential | 6% | 19% | |
| Construction and land | 5% | 4% | |
| Farmland | 3% | 5% | |
| Agricultural | 1% | 6% | |
| Consumer | 0% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 61% | 60% | |
| Noninterest-bearing | 37% | 22% | |
| Time deposits | 1% | 18% |
Brokered deposits are 3.6% of deposits (peers 0.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.90% | 0.51% |
| Net charge-offs, annualized | 0.21% | 0.00% |
| Reserves to loans | 1.08% | 1.17% |
| Leverage ratio | 15.33% | 12.35% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Oregon
Largest competitors in Jackson County, OR
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/people-s-commerce