Peoples LTD announced unaudited earnings results for the year ended December 31, 2015. For the year, the company reported net income of $3,029,000, or $5.51 earnings per share, reflects a 2.94% increase in net income over the year ending December 31, 2014 of $2,942,000, or $5.35 per share adjusted for a 5% fourth quarter stock dividend. Earnings for 2014 included a reduction in the bank's allowance with a net tax effect of $284,000.

Excluding this, 2015 net income increased by 14% over 2014. Return on assets was 1.01% for 2015 compared to 1.03% for 2014. Return on equity was 11.66% for 2015 compared to 12.59% for 2014.