Peoples Financial Services is a Pennsylvania-based community bank holding company that operates through its subsidiary, Peoples Security Bank and Trust. Peoples serves small and medium-sized businesses, municipalities, nonprofits, and retail customers across northeastern Pennsylvania, the Greater Lehigh Valley, suburban Philadelphia, south-central Pennsylvania, greater Pittsburgh, New Jersey, and the southern tier of New York. Peoples operates like a typical community bank: it takes in deposits and lends that money out at a spread, earning a net interest margin on the difference. Its loan portfolio of ~$4.1B is concentrated in commercial real estate (~57%), followed by commercial and industrial loans (~16%) and residential real estate (~15%). Peoples serves customers through 40 community banking offices, supplemented by digital channels. Fee income is a secondary revenue source, coming from trust and wealth management (Peoples manages ~$469M in trust assets), merchant and interchange fees, and deposit service charges. Peoples also operates 1st Equipment Finance, a wholly owned subsidiary that provides direct finance loans and leases to businesses and municipalities, adding ~$169M in loans. Since 2014, Peoples has been expanding geographically beyond its legacy northeastern Pennsylvania footprint into faster-growing markets. The most significant recent move was the July 2024 acquisition of FNCB Bancorp, which added $1.8B in assets, $1.2B in loans, and $1.4B in deposits, deepening Peoples' presence in northeastern Pennsylvania.