UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
11-K
(Mark
One)
|
x
|
ANNUAL
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
|
For
the fiscal year ended December 31, 2008
Or
|
¨
|
TRANSITION
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
|
For
the transition period from to .
Commission
file number 0-16772
A. Full
title of the plan and the address of the plan, if different from that of the
issuer named below:
Peoples
Bancorp Inc. Retirement Savings Plan
138
Putnam Street, P.O. Box 738
Marietta,
Ohio 45750
Attn:
Retirement Plan Committee
B. Name
of issuer of the securities held pursuant to the plan and the address of its
principal executive office:
Peoples
Bancorp Inc.
138
Putnam Street, P.O. Box 738
Marietta,
Ohio 45750
SIGNATURES
The Plan. Pursuant to the
requirements of the Securities Exchange Act of 1934, the trustees (or other
persons who administer the employee benefit plan) have duly caused this annual
report to be signed on its behalf by the undersigned hereunto duly
authorized.
PEOPLES BANCORP
INC.
RETIREMENT SAVINGS
PLAN
Date: June 29,
2009
By: /s/ JOHN E.
DAKESIAN
John E. Dakesian
Chairperson, Retirement Plan Committee
Peoples
Bancorp Inc. Retirement Savings Plan
EIN
31-0987416 PN 002
Report
of Independent Registered Public Accounting Firm and Financial
Statements
December
31, 2008 and 2007
Peoples
Bancorp Inc. Retirement Savings Plan
December
31, 2008 and 2007
|
Contents
|
|
|
Report
of Independent Registered Public Accounting Firm
|
1
|
|
Financial
Statements
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|
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Statements
of Net Assets Available for Benefits
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2
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Statements of Changes in Net Assets Available for Benefits
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3
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Notes to Financial Statements
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4
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Supplemental
Schedule
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Schedule H, Line 4i – Schedule of Assets (Held at End of
Year)
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12
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Report
of Independent Registered Public Accounting Firm
Plan
Administrator
Peoples
Bancorp Inc. Retirement Savings Plan
Marietta,
Ohio
We have
audited the accompanying statements of net assets available for benefits of
Peoples Bancorp Inc. Retirement Savings Plan (the “Plan”) as of December 31,
2008 and 2007 and the related statements of changes in net assets available for
benefits for the years then ended. These financial statements are the
responsibility of the Plan’s management. Our responsibility is to
express an opinion on these financial statements based on our
audits.
We
conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require
that we plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement. Our
audits included examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements, assessing the accounting principles
used and significant estimates made by management and evaluating the overall
financial statement presentation. We believe that our audits provide
a reasonable basis for our opinion.
In our
opinion, the financial statements referred to above present fairly, in all
material respects, the net assets available for benefits of the Plan as of
December 31, 2008 and 2007, and the changes in the Plan’s net assets available
for benefits for the years then ended in conformity with accounting principles
generally accepted in the United States of America.
As
discussed in Note 4, in 2008, the Plan changed its method of accounting for fair
value measurements in accordance with Statement of Financial Accounting
Standards No. 157.
The
accompanying supplemental schedule is presented for the purpose of additional
analysis and is not a required part of the basic financial statements, but is
supplementary information required by the Department of Labor’s Rules and
Regulations for Reporting and Disclosure under the Employee Retirement Income
Security Act of 1974. This supplemental schedule is the
responsibility of the Plan’s management. The supplemental schedule
has been subjected to the auditing procedures applied in the audits of the basic
financial statements and, in our opinion, is fairly stated, in all material
respects, in relation to the basic financial statements taken as a
whole.
/s/ BKD, LLP
Cincinnati,
Ohio
June 15,
2009
Federal
Employer Identification Number: 44-0160260
Peoples
Bancorp Inc. Retirement Savings Plan
Statements
of Net Assets Available for Benefits
December
31, 2008 and 2007
|
Assets
|
|||
|
2008
|
2007
|
||
|
Investments,
at fair value
|
$ 19,409,181
|
$ 25,591,862
|
|
|
Employer’s
contributions receivable
|
34,091
|
25,444
|
|
|
Net
Assets Available for Benefits, at fair value
|
19,443,272
|
25,617,306
|
|
|
Adjustment
from fair value to contract value for fully
benefit-responsive
investment contracts
|
159,080
|
-
|
|
|
Net
Assets Available for Benefits
|
$ 19,602,352
|
$ 25,617,306
|
See Notes to Financial
Statements -
2 -
Peoples
Bancorp Inc. Retirement Savings Plan
Statements
of Changes in Net Assets Available for Benefits
Years
Ended December 31, 2008 and 2007
|
2008
|
2007
|
||
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Investment
Income
|
|||
|
Net
depreciation in fair value of investments
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$ (7,967,731)
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$ (1,021,502)
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|
|
Interest
and dividends
|
645,097
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1,184,146
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|
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Net
investment (loss) income
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(7,322,634)
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162,644
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Contributions
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|||
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Employer
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784,880
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772,455
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Participants
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1,498,954
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1,496,591
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|
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Rollovers
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123,694
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355,779
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|
Total
contributions
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2,407,528
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2,624,825
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(4,915,106)
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2,787,469
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||
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Deductions
|
|||
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Benefits
paid to participants
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1,035,220
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1,488,817
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Administrative
expenses
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64,628
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62,926
|
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Total
deductions
|
1,099,848
|
1,551,743
|
|
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Net
(Decrease) Increase
|
(6,014,954)
|
1,235,726
|
|
|
Net
Assets Available for Benefits, Beginning of Year
|
25,617,306
|
24,381,580
|
|
|
Net
Assets Available for Benefits, End of Year
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$ 19,602,352
|
$ 25,617,306
|
See Notes to Financial
Statements -3
-
Peoples
Bancorp Inc. Retirement Savings Plan
Notes
to Financial Statements
December
31, 2008 and 2007
The
following is a description of the Peoples Bancorp Inc. Retirement Savings Plan
(“the Plan”) and provides only general information. Participants
should refer to the Plan Document and Summary Plan Description for
a more complete description of the Plan’s provisions, which are available from
the Plan Administrator.
General
The Plan
is a defined contribution plan sponsored by Peoples Bancorp Inc. and its
subsidiaries (“Peoples”) for the benefit of its eligible employees who have at
least one hour of service and are age 21 or older. The Plan is
subject to the provisions of the Employee Retirement Income Security Act of 1974
(“ERISA”). Reliance National Trust Company is the trustee and serves
as the custodian of the Plan.
Employee
Stock Ownership Plan
Effective
March 1, 2008, the Plan was amended to add an Employee Stock Ownership Plan
(“ESOP”) feature to the Plan. The Plan is not leveraged and will consist of two
components, the ESOP feature and the Non-ESOP feature. The ESOP
feature is designed to invest primarily in Peoples Bancorp Inc. Common
shares. The ESOP feature consists of the portion of the assets of the
Plan that on and after March 1, 2008 are invested in the Peoples Bancorp Inc.
Common Stock Fund. The ESOP feature is intended to qualify as a stock
bonus plan under Internal Revenue Code Section 401(a) and as an employee stock
ownership plan under Internal Revenue Code Section 4975(e)(7).
Peoples
intends that the Non-ESOP feature and the ESOP feature together constitute a
single plan under Treasury Regulation Section
1.414(1)-1(b)(1). Accordingly, the provisions set forth in the other
sections of the Plan apply to the ESOP feature in the same manner as those
provisions apply to the Non-ESOP feature, except to the extent that those
provisions by their terms are inapplicable to the ESOP feature.
Contributions
The Plan
permits eligible employees through a salary deferral election to make annual
contributions of up to 100% of eligible compensation. Employee
rollover contributions are also permitted under the Plan. Peoples
makes matching contributions of 100% of the employees’ salary deferral amounts
up to 3% of the employees’ compensation and 50% of the employees’ salary
deferral amounts on the next 2% of the employees’
compensation. Peoples’ profit-sharing contributions are discretionary
as determined by Peoples’ Board of Directors. Contributions are
subject to certain limitations, while forfeitures are used to reduce Company
contributions.
-
4 -
Peoples
Bancorp Inc. Retirement Savings Plan
Notes
to Financial Statements
December
31, 2008 and 2007
Participant
Investment Account Options
Investment
account options available include various funds. Each participant has
the option of directing the participant’s contributions into any of the separate
investment accounts and may change the allocation daily.
The Plan
document also includes an automatic deferral feature whereby a participant is
treated as electing to defer a certain percentage of eligible compensation
unless the participant made an affirmative election otherwise.
Participant
Accounts
Each
participant’s account is credited with the participant’s contribution, Peoples’
contribution and Plan earnings and is charged with an allocation of
administrative expenses. Allocations are based on participant
earnings or account balances, as defined. The benefits to which a
participant is entitled is the benefit that can be provided from the
participant’s vested account.
Vesting
Participants
are immediately vested in their voluntary contributions, matching contributions,
and profit-sharing contributions plus earnings thereon.
Payment
of Benefits
Upon
termination of service, a participant may elect to receive either a lump-sum
amount equal to the value of the participant’s account or monthly, quarterly, or
annual installments over a period of not more than the participant’s assumed
life expectancy.
Participant
Loans
The Plan
document includes provisions authorizing loans from the Plan to active eligible
participants. A loan may be made to any eligible participant
demonstrating a qualifying need. The minimum amount of a loan is
$1,000. Participants may only have one loan outstanding at any given time. The
maximum amount of a participant’s loan is determined by the available loan
balance which is restricted to the lesser of $50,000 or 50% of the participant’s
vested account balance. All loans are covered by demand notes and are
repayable over a period not to exceed five years (except for loans for the
purchase of a principal residence, which may exceed the five-year term with
approval from the Plan Administrator) through payroll withholdings unless the
participant is paying the loan in full. Interest on the loans is
based on local prevailing rates as determined by the Plan
Administrator.
Plan
Termination
Although
it has not expressed an intention to do so, Peoples has the right under the Plan
to discontinue its matching contributions at any time and to terminate the Plan,
subject to the provisions of ERISA.
-
5 -
Peoples
Bancorp Inc. Retirement Savings Plan
Notes
to Financial Statements
December
31, 2008 and 2007
|
Note
2:
|
Summary
of Significant Accounting Policies
|
Method
of Accounting
The
accompanying financial statements are prepared on the accrual method of
accounting.
As
described in Financial Accounting Standards Board Staff Position FSP AAG INV-1
and SOP 94-4-1, Reporting of
Fully Benefit-Responsive Investment Contracts Held by Certain Investment
Companies Subject to the AICPA Investment Company Guide and Defined-Contribution
Health and Welfare and Pension Plans (the FSP), investment contracts held
by a defined contribution plan are required to be reported at fair
value. However, contract value is the relevant measurement attribute
for that portion of the net assets available for benefits of a defined
contribution plan attributable to fully benefit-responsive investment contracts,
because contract value is the amount participants would receive if they were to
initiate permitted transactions under the terms of the Plan. The Plan
invests in investment contracts through a collective trust. As
required by the FSP, the Statements of Net Assets Available for Benefits
presents the fair value of the investment in the collective trust as well as the
adjustment of the investment in the collective trust from fair value to contract
value. The Statements of Changes in Net Assets Available for Benefits
are prepared on a contract value basis.
Use
of Estimates
The
preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of net assets and
changes in net assets and disclosure of contingent assets and liabilities at the
date of the financial statements. Actual results could differ from
those estimates.
Investments
and Income Recognition
Investments
are stated at fair value based on quoted market prices on the valuation date.
Investments traded on a national securities exchange are valued at the last
reported sales price on the last business day of the Plan year; investments
traded in the over-the-counter market and listed securities for which no sale
was reported on that date are valued at the average of the last reported bid and
ask prices. Participant loans are valued at cost, which approximates
fair value.
The
investments in the Peoples Bancorp Inc. Common Stock Fund have been unitized and
are comprised of cash and Peoples Bancorp Inc. common shares. The
Plan holds between 3% and 5% of these units in cash in order to provide
liquidity for timely distributions. At December 31, 2008 and 2007,
these units were comprised of 262,149 and 249,350 common shares of Peoples
Bancorp Inc. and cash of $179,514 and $251,155, respectively.
Purchases
and sales of investments are recorded on a trade-date basis. Interest
income is recorded on the accrual basis while dividends are recorded on the
ex-dividend date.
-
6 -
Peoples
Bancorp Inc. Retirement Savings Plan
Notes
to Financial Statements
December
31, 2008 and 2007
Plan
Tax Status
The Plan
obtained its latest determination letter on January 30, 2004, in which the
Internal Revenue Service stated that the Plan and related trust, as then
designed, were in compliance with the applicable requirements of the Internal
Revenue Code and, therefore, not subject to tax. The Plan has been
amended since receiving the determination letter. However, the Plan
Administrator believes the Plan (and the related trust) are currently designed
and being operated in compliance with applicable requirements of the Internal
Revenue Code.
Payment
of Benefits
Benefit
payments to participants are recorded upon distribution.
|
Note
3:
|
Investments
|
The
Plan’s investments are held by a bank-administered trust. The Plan’s
investments (including investments bought, sold and held during the year)
appreciated (depreciated) in fair value as presented in the following
table. Investments that represented 5% or more of the Plan’s assets
are separately identified.
|
2008
|
|||
|
Net
Appreciation
(Depreciation)
in
Fair Value During Year
|
|
Fair
Value at End of Year
|
|
|
Mutual
funds
|
|||
|
Columbia
Acorn Fund
|
$ (952,762)
|
$ 1,337,868
|
|
|
Harbor
International Fund
|
(768,958)
|
1,011,162
|
|
|
T.Rowe
Price Balanced Fund
|
(277,071)
|
1,404,127
|
|
|
American
Growth Fund of America
|
(723,416)
|
1,151,488
|
|
|
Dodge
& Cox Common Stock Fund
|
(903,406)
|
1,080,306
|
|
|
Other
|
(1,994,073)
|
2,070,728
|
|
|
Common/collective
trust funds
|
|||
|
Invesco
500 Index Trust
|
(870,541)
|
1,476,899
|
|
|
Invesco
Stable Value Trust
|
14
|
3,316,795
|
|
|
Other
|
(78,644)
|
894,973
|
|
|
Peoples
Bancorp Inc. Common Stock Fund units
|
(1,398,874)
|
5,183,961
|
|
|
Participant
loans
|
-
|
480,874
|
|
|
Total
Investments
|
$ (7,967,731)
|
$ 19,409,181
|
|
-7
-
Peoples
Bancorp Inc. Retirement Savings Plan
Notes
to Financial Statements
December
31, 2008 and 2007
|
2007
|
|||
|
Net
Appreciation
(Depreciation)
in
Fair Value During Year
|
|
Fair
Value at End of Year
|
|
|
Investments,
at Fair Value
|
|||
|
Mutual
funds
|
|||
|
Columbia
Acorn Fund
|
$ (1,125)
|
$ 2,367,386
|
|
|
Fidelity
Leveraged Stock Fund
|
216,207
|
1,570,866
|
|
|
American
Growth Fund of America
|
46,394
|
1,687,589
|
|
|
Dodge
& Cox Common Stock Fund
|
(182,096)
|
1,854,061
|
|
|
Dodge
& Cox Balanced Fund
|
(159,898)
|
2,339,731
|
|
|
Other
|
(115,081)
|
2,827,883
|
|
|
Common/collective
trust funds
|
|||
|
Invesco
500 Index Trust
|
127,204
|
2,366,284
|
|
|
Invesco
Stable Value Trust
|
-
|
2,396,636
|
|
|
Other
|
3,623
|
1,240,765
|
|
|
Peoples
Bancorp Inc. Common Stock Fund units
|
(956,730)
|
6,521,864
|
|
|
Total
Investments, at Fair Value
|
(1,021,502)
|
25,173,065
|
|
|
Investments
at cost, which approximates fair value
|
|||
|
Participant
loans
|
-
|
418,797
|
|
|
Total
Investments, at Fair Value
|
$ (1,021,502)
|
$ 25,591,862
|
|
Interest
and dividends realized on the Plan’s investments for the years ended December
31, 2008 and 2007 were $645,097 and $1,184,146, respectively.
Information
on the fully benefit-responsive contract relating to the guaranteed common trust
fund portion carried at fair value is as follows:
|
2008
|
2007
|
|
|
Average
yield
|
6.45%
|
5.33%
|
|
Crediting
interest rate at December 31
|
3.19%
|
4.24%
|
|
Fair
value
|
$
3,316,795
|
$
2,396,636
|
|
Contract
value
|
$
3,475,875
|
$
2,396,636
|
-
8 -
Peoples
Bancorp Inc. Retirement Savings Plan
Notes
to Financial Statements
December
31, 2008 and 2007
|
Note
4:
|
Fair
Value of Plan Assets
|
Effective
January 1, 2008, the Plan adopted the provisions of Statement of Financial
Accounting Standards (SFAS) No. 157, “Fair Value
Measurements.” SFAS No. 157 defines fair value, establishes a
framework for measuring fair value in generally accepted accounting principles,
and expands disclosures about fair value measurements. SFAS
No. 157 establishes a fair value hierarchy that prioritizes the inputs to
valuation techniques used to measure fair value. The hierarchy gives
the highest priority to unadjusted quoted prices in active markets for identical
assets or liabilities and the lowest priority to unobservable
inputs. A financial instrument’s level within the fair value
hierarchy is based on the lowest level of any input that is significant to the
fair value measurement. The three levels of the fair value hierarchy
under SFAS No. 157 are described below:
Level 1:
Quoted prices in active exchange markets for identical assets or
liabilities.
Level 2:
Observable inputs other than Level 1 including quoted prices for similar
assets or liabilities, quoted prices in less active markets, or other observable
inputs that can be corroborated by observable market data.
Level 3:
Unobservable inputs supported by little or no market activity for
financial instruments whose value is determined using pricing models, discounted
cash flow methodologies, or similar techniques, as well as instruments for which
the determination of fair value requires significant management judgment or
estimation; also includes observable inputs for single dealer nonbinding quotes
not corroborated by observable market data.
The
following is a description of the valuation methodologies used for instruments
measured at fair value, including the general classification of such instruments
pursuant to the valuation hierarchy.
Mutual Funds
- These investments are valued using quoted prices in an active market
and classified within level 1 of the valuation hierarchy.
Collective
Investment Trusts - These investments are valued using the Net Asset
Value (NAV) provided by the trustee. The NAV is based on the value of
the underlying assets owned by the trust, minus its liabilities, and then
divided by the number of shares outstanding. The NAV is classified within level
2 of the valuation hierarchy because the NAV’s unit price is quoted on a private
market that is not active; however, the unit price is based on underlying
investments which are traded on an active market.
Peoples Bancorp
Common Stock Fund units - Peoples Bancorp Inc. Common Stock Fund units
are held in a unitized fund and are comprised of cash and common shares in
Peoples Bancorp Inc. The underlying common shares are valued at the
closing price of the common shares reported on The NASDAQ Stock Market LLC under
the symbol “PEBO” and are classified within level 1 of the valuation
hierarchy.
-
9 -
Peoples
Bancorp Inc. Retirement Savings Plan
Notes
to Financial Statements
December
31, 2008 and 2007
Stable Value
Trust Fund - The trust fund may hold guaranteed investment contracts
(“GICs”) and synthetic guaranteed investment contracts (“synthetic GICs”). GICs
represent deposits which guarantee a stated interest rate for the term of the
contracts. The fair value of GICs is determined based on the present
value of the contract’s expected cash flows, discounted by the current market
interest rates for like-duration and like-quality investments. The
NAV for the investment contract is expected to remain consistent at
$1. The investment contracts are classified within level 2 of the
valuation hierarchy.
Loans to
Participants - Loans to plan participants are valued at cost, which
approximates fair value and are classified within level 3 of the valuation
hierarchy.
Investments
measured at fair value on a recurring basis by SFAS No. 157 comprised the
following at December 31, 2008:
|
Fair
Value Measurements at Reporting Date Using
|
||||||||
|
Quoted
Prices in Active Markets
for
Identical
Assets
|
Significant
Other Observable
Inputs
|
Significant
Unobservable
Inputs
|
|
|||||
|
(Level
1)
|
(Level
2)
|
(Level
3)
|
Fair Value
|
|||||
|
Mutual
Funds
|
$ 8,055,679
|
$ -
|
$ -
|
$ 8,055,679
|
||||
|
Collective
Investment Trusts
|
–
|
2,371,872
|
–
|
2,371,872
|
||||
|
Peoples
Bancorp Inc. Common Stock Fund units
|
5,183,961
|
–
|
–
|
5,183,961
|
||||
|
Stable
Value Trust Fund
|
–
|
3,316,795
|
–
|
3,316,795
|
||||
|
Participant
Loans
|
–
|
–
|
480,874
|
480,874
|
||||
|
Total
|
$ 13,239,640
|
$ 5,688,667
|
$ 480,874
|
$
19,409,181
|
||||
The table
below sets forth a summary of changes in the fair value of the Plan’s Level 3
assets for the year ended December 31, 2008:
|
Participant
Loans
|
||
|
Balance,
Beginning of Year
|
$ 418,797
|
|
|
Loans
made to participants, net of repayments
|
62,077
|
|
|
Balance,
End of Year
|
$ 480,874
|
-
10 -
Peoples
Bancorp Inc. Retirement Savings Plan
Notes
to Financial Statements
December
31, 2008 and 2007
|
Note
5:
|
Party-in-Interest
Transactions
|
Party-in-interest
transactions include those with fiduciaries or employees of the Plan, any person
who provides services to the Plan, an employer whose employees are covered by
the Plan, and an employee organization whose members are covered by the Plan, a
person who owns 50 percent or more of such employer or employee association, or
relatives of such persons.
The Plan
holds common shares of Peoples, which is the plan sponsor. The Plan
also invests in certain funds of the Plan trustee. The Plan paid
$64,628 and $62,926 of recordkeeping fees to the trustee during 2008 and 2007,
respectively. Certain administrative services are provided at no cost
to the plan by Peoples.
|
Note
6:
|
Risks
and Uncertainties
|
The Plan
provides for various investments in common stock, mutual funds, and
common/collective trust funds. Such investments, in general, are
exposed to various risks, such as interest rate, credit, and overall market
volatility risk. Due to the level of risk associated with certain
investments, it is reasonably possible that changes in the values of these
investments will occur in the near term and such changes could materially affect
the amounts reported in the statements of net assets available for benefits and
participant account balances.
|
Note
7:
|
Current
Economic Conditions
|
The
current economic environment presents employee benefit plans with unprecedented
circumstances and challenges, which in some cases have resulted in large
declines in the fair value of investments. The financial statements
have been prepared using values and information currently available to the
Plan.
Given the
volatility of current economic conditions, the values of assets recorded in the
financial statements could change rapidly, resulting in material future
adjustments in investment values that could negatively impact the
Plan.
-
11 -
Supplemental
Schedule
Peoples
Bancorp Inc. Retirement Savings Plan
EIN
31-0987416 PN 002
Schedule
H, Line 4i – Schedule of Assets (Held at End of Year)
December
31, 2008
|
(a)(b)
Identity of Issuer
|
(c)
Description of Investment
|
(e)Current
Value
|
|
|
American
Century Strategic Allocation Conservative Fund
|
15,435
|
units
|
$ 70,382
|
|
American
Century Strategic Allocation Moderate Fund
|
47,565
|
units
|
234,970
|
|
American
Century Strategic Allocation Aggressive Fund
|
58,634
|
units
|
313,103
|
|
Columbia
Acorn Fund
|
75,543
|
units
|
1,337,869
|
|
*Invesco
500 Index Trust
|
58,888
|
units
|
1,476,899
|
|
*Invesco
Core Fixed Income Trust
|
26,549
|
units
|
894,973
|
|
*Invesco
Stable Value Trust
|
3,475,875
|
units
|
3,475,875
|
|
Harbor
International Fund
|
25,203
|
units
|
1,011,162
|
|
Fidelity
Leveraged Stock Fund
|
45,017
|
units
|
792,298
|
|
Vanguard
Small Cap Index
|
23,592
|
units
|
481,279
|
|
T
Rowe Price Balanced Fund
|
99,938
|
units
|
1,404,127
|
|
T
Rowe Price Retirement 2005
|
40
|
units
|
341
|
|
T
Rowe Price Retirement 2015
|
25
|
units
|
208
|
|
T
Rowe Price Retirement 2020
|
86
|
units
|
952
|
|
T
Rowe Price Retirement 2025
|
74
|
units
|
590
|
|
T
Rowe Price Retirement 2030
|
615
|
units
|
6,865
|
|
T
Rowe Price Retirement 2035
|
64
|
units
|
499
|
|
T
Rowe Price Retirement 2040
|
282
|
units
|
3,122
|
|
T
Rowe Price Retirement 2045
|
88
|
units
|
648
|
|
T
Rowe Price Retirement 2050
|
403
|
units
|
2,501
|
|
*
Peoples Bancorp Inc. Common Stock Fund
|
418,399
|
units
|
5,183,961
|
|
American
Growth Fund of America
|
56,225
|
units
|
1,151,488
|
|
Dodge
& Cox Common Stock Fund
|
14,526
|
units
|
1,080,306
|
|
American
Funds Capital Income
|
3,924
|
units
|
162,969
|
|
Participant
loans
|
Interest
rates ranging from 6.00% to 10.25%
|
480,874
|
|
|
$ 19,568,261
|
|||
|
*
Parties-in-interest
|
|||
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