Maurice F. Winkler, III, President of Peoples Bancorp, stated, "Although earnings per share increased slightly on a per share basis, fiscal 2009 will go down as a difficult, yet successful year. Difficult because of the economic and regulatory environment that we have had to operate in, yet successful when one compares our results to those of our peers. Decreases in net interest margin and increases in non-operating expense were overcome by increases in non-interest income. Our non-interest expenses increased primarily due to deposit insurance premiums which increased from $57,737 for fiscal year 2008 to $521,381 for fiscal year 2009, an increase of 803%. Had deposit insurance remained constant, non-interest expenses would have declined for a second consecutive year. However, the low interest rate environment created additional income from the sale of loans and securities. Gain on the sale of loans increased 254% to $686,723 and gains on the sale of securities increased 110% to $554,855 from 2008. A large amount of the 47% decrease in income tax expense was achieved by adding investments in tax exempt municipal securities to our holdings along with the bank owned life insurance that was purchased in 2008."

On September 30, 2009, stockholders equity was $60,871,932 with a capital to assets ratio of 12.48% and a book value of $22.82. Peoples had 2,667,725 shares of stock outstanding as of September 30, 2009.