1 unchanged sentence
Peoples’ sole banking subsidiary, Peoples Bank, generally owns its offices, related facilities and unimproved real property.
−Removed: At December 31, 2024, Peoples Bank operated 67 offices in Ohio, 43 offices in Kentucky, 29 offices in West Virginia, three offices in Virginia, two offices in Washington D.C., one office in Maryland, an insurance premium finance lending office in Missouri, an equipment leasing office in Vermont, and a leasing office in Minnesota.
+Added: At December 31, 2025, Peoples Bank operated 57 offices in Ohio, 39 offices in Kentucky, 26 offices in West Virginia, two offices in Virginia, one office in Washington D.C., one office in Maryland, an insurance premium finance lending office in Missouri, an equipment leasing office in Vermont, and a leasing office in Minnesota.
Of these 129 offices, 71 are leased and the rest are owned by Peoples Bank.
Peoples Bank’s subsidiary, Peoples Insurance, rents office space in various Peoples Bank offices, and also leases office space from third parties in Inez and Pikeville, Kentucky.
−Removed: Peoples Bank’s subsidiary, Vantage, rents office space in Excelsior, Minnesota, Cherry Hill, New Jersey, Holmdel, New Jersey, Austin, Texas, Grafton, Wisconsin, and Guilford, Connecticut.
+Added: Peoples Bank’s subsidiary, Vantage, rents office space in Minnetonka, Minnesota, Cherry Hill, New Jersey, Holmdel, New Jersey, Knoxville, Tennessee, Grafton, Wisconsin, and Guilford, Connecticut.
Rent expense on the leased properties totaled $4.1 million in 2025 and $4.1 million in 2024, which excludes intercompany rent expense.
1 unchanged sentence
Location Address Lease Expiration Date
−Removed: Cherry Hill 4 Haddonfield Road, Suite 217 Cherry Hill, NJ February 2025 (b)
−Removed: Guilford (Vantage) The Monroe Building, 87 Whitfield Street, Office 5 Guilford, CT March 2025 (e)
−Removed: DC 1604 17th St NW Washington, DC March 2025 (a)
+Added: Lebanon Office Easement 916 Columbus Ave Lebanon, OH 1/31/2026 (a)
+Added: Frontier 124 Gross St Marietta, OH 1/31/2026 (a)
+Added: Akron Business Office 348 S Main St Akron, OH 2/28/2026 (a)
+Added: Guilford (Vantage) The Monroe Building, 87 Whitfield Street, Office 5 Guilford, CT 3/31/2026 (a)
Worthington 250 E Wilson Bridge Rd, Ste.
−Removed: 230 Worthington, OH March 2025 (a)
−Removed: Caldwell ATM 17010 St Rt 78 Caldwell, OH June 2025 (c)
−Removed: Akron Business Office Parking 354 S Main Street Akron, OH June 2025 (a)
−Removed: Akron Business Office 348 S Main St Akron, OH June 2025 (a)
−Removed: GWB Oil & Gas - Storage Bldg 2013-B State Route 821 Marietta, OH June 2025 (c)
+Added: 230 Worthington, OH 3/31/2026 (a)
+Added: Shepherdsville Sign Adam Shepherd Parkway Shepherdsville, KY 5/27/2026 (b)
+Added: Caldwell ATM 17010 St Rt 78 Caldwell, OH 6/27/2026 (b)
+Added: GWB Oil & Gas - Storage Bldg 2013-B State Route 821 Marietta, OH 6/30/2026 (b)
North Canton-LPO 125 S.
−Removed: Main Street North Canton, OH June 2025 (d)
−Removed: Waynesville Parking Easement 826 Franklin Rd Waynesville, OH June 2025 (c)
+Added: Main Street North Canton, OH 6/30/2026 (c)
+Added: Waynesville Parking Easement 826 Franklin Rd Waynesville, OH 6/30/2026 (b)
(a) Current lease agreement has no remaining extensions available.
−Removed: (b) Current lease agreement will switch to a month to month lease at expiration.
−Removed: (c) Current lease agreement will auto-renew for 1 year periods until terminated by one of the parties.
−Removed: (d) Current lease agreement has one one-year extension remaining.
−Removed: (e) Current lease agreement has one two-year extension remaining.
+Added: (b) Current lease agreement will auto-renew for 1 year periods until terminated by one of the parties.
+Added: (c) Current lease agreement will switch to a month to month lease at expiration.
Peoples considers its offices and related facilities to be suitable and adequate for the present needs of Peoples and its subsidiaries.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.