UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. | (Exact name of Registrant as specified in its charter) | | | --- | --- | | Ohio | 31-0987 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. | (Exact name of Registrant as specified in its charter) | | | | --- | --- | --- | | Ohio ...

Peoples Bancorp Inc. (NASDAQ:PEBO) Q1 2023 Earnings Conference Call April 25, 2023 11:00 AM ET Company Participants Chuck Sulerzyski - President, Chief Executive Officer Katie Bailey - Chief Financial Officer, Treasurer Conference Call Participants Brendan Nosal - Piper Sandler Daniel Tamayo - Raymond James Brandon Rud - Stephens Manuel Navas - D.A. Davidson Operator Good morning, and welcome to the Peoples Bancorp Inc. Conference Call. My name is Kate, and I will be your conference facilitator. Today's cal ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. | (Exact name of registrant as specified in its charter) | | | | --- | --- | --- | | Ohio | | 3 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. | (Exact name of Registrant as specified in its charter) | | | | --- | --- | --- | | O ...

Peoples Bancorp Inc. (NASDAQ:PEBO) Q3 2022 Earnings Conference Call October 25, 2022 11:00 AM ET Company Participants Chuck Sulerzyski - President and CEO Katie Bailey - CFO and Treasurer Conference Call Participants Brendan Nosal - Piper Sandler Tim Switzer - KBW David Long - Raymond James Terry McEvoy - Stephens Operator Good morning, and welcome to the Peoples Bancorp Inc's Conference Call. My name is Matt, and I will be your conference facilitator. Today's call will cover a discussion of results of oper ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. | (Exact name of Registrant as specified in its charter) | | | | --- | --- | --- | | Ohio 3 ...

Acquisition and Mergers - Peoples reported a total consideration of $3.8 million for the acquisition of an insurance agency with five locations in eastern Kentucky[190]. - The company has recently completed the merger with Premier and acquisitions of NSL and Vantage, aiming to expand commercial and consumer lending activities[181]. - Peoples paid $82,900,000 for the Vantage acquisition during Q1 2022, impacting cash reserves[274]. - Recent acquisitions, including Vantage and Premier, have positively impacted average balances of loans and deposits[212]. Financial Performance - Peoples reported net income of $23.6 million for Q1 2022, with earnings per diluted common share of $0.84, compared to $0.98 in Q4 2021 and $0.79 in Q1 2021[194]. - Annualized net income for Q1 2022 was $95,618 thousand, compared to $110,083 thousand in Q4 2021 and $62,711 thousand in Q1 2021[267]. - For the first quarter of 2022, net income was $23,577,000, a decrease of 15.5% from $27,747,000 in the previous quarter, but an increase of 52.5% from $15,463,000 in the same quarter of 2021[271]. - The increase in PPNR compared to Q1 2021 was primarily due to the impact of recent acquisitions, which improved net interest income and non-interest income[259]. Assets and Liabilities - Total assets increased to $7.24 billion as of March 31, 2022, a 2% increase from $7.06 billion at December 31, 2021, and a 41% increase from $5.14 billion at March 31, 2021[202]. - Total liabilities were $6.43 billion at March 31, 2022, up from $6.22 billion at December 31, 2021, primarily due to seasonal growth in governmental deposits and long-term borrowings from Vantage[203]. - Total stockholders' equity was $808.3 million at March 31, 2022, a decrease of $36.7 million from December 31, 2021, but an increase of $229.2 million, or 40%, compared to March 31, 2021[204]. Credit Quality and Risks - Peoples' financial condition and results of operations are influenced by the ongoing effects of the COVID-19 pandemic, which may impact sales volumes and loan delinquencies[181]. - The company anticipates potential credit risks and higher credit losses due to loan concentrations by location or industry[183]. - The allowance for credit losses decreased to $54.8 million, or 1.20% of total loans, compared to $64.0 million and 1.43% at December 31, 2021[202]. - The company recorded a provision for credit losses of $387,000 during Q1 2022 for non-purchased credit deteriorated leases acquired from Vantage[291]. Income and Expenses - Net interest income for Q1 2022 was $54.3 million, a decrease of $0.4 million, or 1%, from the linked quarter, but an increase of $18.7 million, or 53%, compared to Q1 2021[195]. - Non-interest expense for salaries and employee benefits rose to $27,729 thousand, a 33% increase compared to $20,759 thousand in Q1 2021, primarily due to additional salaries from acquisitions[238]. - Total non-interest income, excluding net gains and losses, increased by $1.0 million compared to the linked quarter, driven by higher insurance income and increased deposit account service charges[198]. - Total interest expense increased by $289,000 compared to the linked quarter, driven by higher funding costs[216]. Regulatory and Compliance - The company is subject to regulation by the Ohio Division of Financial Institutions, the Federal Reserve Bank of Cleveland, and the FDIC[188]. - The impact of legislative or regulatory changes may impose new and more stringent requirements on Peoples' business operations[181]. - As of March 31, 2022, Peoples' Common Equity Tier 1 (CET1) ratio was 11.51%, down from 12.52% at December 31, 2021[310]. Deposits and Loans - Total deposits increased by $140.4 million, or 2%, compared to December 31, 2021, and by $1.7 billion, or 39%, compared to March 31, 2021[305]. - Total originated loans increased to $3,146.8 million as of March 31, 2022, up from $3,050.8 million at December 31, 2021, representing a growth of 3.1%[280]. - The repayment of premium finance loans is secured by the underlying insurance policy, mitigating geographic risk[287]. - As of March 31, 2022, the outstanding principal balance of PPP loans was $42.9 million, down from $349.9 million a year earlier, reflecting a decrease of approximately 87.8%[290]. Operational Efficiency - The efficiency ratio for Q1 2022 was 66.8%, up from 62.7% in the linked quarter and down from 70.4% in Q1 2021, with an adjusted efficiency ratio of 64.8%[200]. - The company’s commercial lending activities are focused on Ohio, Kentucky, West Virginia, Virginia, Washington, D.C., and Maryland[287]. - The company experienced an influx of deposits, contributing to high cash balances in recent periods, influenced by recent acquisitions and PPP proceeds[212]. Market and Economic Conditions - Peoples' reliance on third-party vendors for technology and services poses risks that could affect customer confidence and operational efficiency[183]. - The recent increase in the Federal Reserve benchmark interest rate had minimal impact during Q1 2021 due to its timing[216]. - Interest rate sensitivity analysis indicated a potential increase in net interest income of $24.21 million (10.5%) with a 300 basis point increase in interest rates as of March 31, 2022[317].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. | (Exact name of registrant as specified in its charter) | | | | --- | --- | --- | | Ohio | | 3 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. | (Exact name of Registrant as specified in its charter) | | | | --- | --- | --- | | O ...