Core Points - Peoples Bancorp Inc. reported a net income of $29.5 million for Q3 2025, with earnings per diluted common share of $0.83, an increase from $21.2 million and $0.59 in Q2 2025, but a slight decrease from $31.7 million and $0.89 in Q3 2024 [1][2] Financial Performance - Net interest income for Q3 2025 was $91.3 million, up $3.8 million or 4% from the previous quarter, with a net interest margin of 4.16%, slightly higher than 4.15% in Q2 2025 [4][13] - Compared to Q3 2024, net interest income increased by $2.4 million or 3%, while net interest margin decreased by 11 basis points [5] - Accretion income for Q3 2025 was $1.7 million, down from $2.6 million in Q2 2025 and $8.1 million in Q3 2024, impacting net interest margin [6][8] Credit Losses - The provision for credit losses was $7.3 million in Q3 2025, significantly lower than $16.6 million in Q2 2025 and slightly higher than $6.7 million in Q3 2024 [9][11] - For the first nine months of 2025, the provision for credit losses totaled $34.1 million, compared to $18.5 million in the same period of 2024 [10] Non-Interest Income and Expenses - Total non-interest income, excluding net gains and losses, decreased by $0.3 million or 1% in Q3 2025 compared to Q2 2025, primarily due to a decrease in lease income [16] - Total non-interest expense decreased by $0.5 million in Q3 2025 compared to the linked quarter, driven by lower professional service costs [19] Asset Quality - Key asset quality metrics improved, with 99.0% of the loan portfolio considered current as of September 30, 2025 [32] - Nonperforming assets decreased by $1.8 million or 4% compared to Q2 2025 and by $25.0 million or 36% compared to Q3 2024 [32] Loans and Deposits - Total loan and lease balances increased by $127.1 million or 8% annualized from Q2 2025, driven by growth in commercial real estate and industrial loans [27] - Total deposits decreased by $5.0 million compared to Q2 2025, with customer deposits increasing by $19.5 million [37] Stockholders' Equity - Total stockholders' equity increased by $29.4 million or 3% compared to Q2 2025, primarily due to net income and a decrease in accumulated other comprehensive loss [43]