-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, f28WvPK4MifsMVD3OvydOKyYIk6g8vNN1zIo1zZRcwFBSRQjY5ssC2UmTpgq5fmC 15ISD1H4aTs1QQZ4o3xM5A== 0000318300-94-000011.txt : 19940930 0000318300-94-000011.hdr.sgml : 19940930 ACCESSION NUMBER: 0000318300-94-000011 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19931231 FILED AS OF DATE: 19940429 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEOPLES BANCORP INC CENTRAL INDEX KEY: 0000318300 STANDARD INDUSTRIAL CLASSIFICATION: 6022 IRS NUMBER: 310987416 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 11-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16772 FILM NUMBER: 94525256 BUSINESS ADDRESS: STREET 1: 138 PUTNAM ST STREET 2: P O BOX 738 CITY: MARIETTA STATE: OH ZIP: 45750 BUSINESS PHONE: 6143746163 11-K 1 ACTUAL FORM 11-K - 401(K) PLAN AS OF 12/31/93 SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8 AMENDMENT TO APPLICATION OR REPORT Filed Pursuant to Section 12, 13 or 15 (d) of THE SECURITIES EXCHANGE ACT OF 1934 PEOPLES BANCORP INC. AMENDMENT NO. 1 The undersigned registrant hereby amends the following items, financial statements, exhibits or other portions of its annual report on Form 10K as set forth in the pages attached hereto: Item 1 - Exhibit 28 has been added to the filing. Exhibit 28 is the Form 11-K Annual Report for the Registrant's Retirement Plan entitled "Peoples Bancorp Inc. Retirement Savings Plan". Pursuant to the requirement of the Securities Exchange Act of 1934, the Registrant has duly caused this amendment to be signed on its behalf by the undersigned, hereunto duly authorized. PEOPLES BANCORP INC. DATE: April 29, 1994 BY: ROBERT E. EVANS Robert E. Evans President and Chief Executive Officer PEOPLES BANCORP INC. FORM 10K FOR YEAR ENDED DECEMBER 31, 1993 Exhibit 28 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Commission File No. 0-16772 FORM 11-K ANNUAL REPORT Pursuant to Section 15(d) of the Securities Exchange Act of 1934 For the year ended December 31, 1993 PEOPLES BANCORP INC. RETIREMENT SAVINGS PLAN PEOPLES BANCORP INC. 138 Putnam Street Marietta, Ohio 45750 ITEM 1. CHANGES IN THE PLAN. Incorporated herein by reference to Peoples Bancorp Inc. Form 10-K for fiscal year ended December 31, 1993, Exhibit 10 (b), pages i through 75. ITEM 2. CHANGES IN INVESTMENT POLICY. None ITEM 3. CONTRIBUTIONS UNDER THE PLAN. Contributions under the Plan are not discretionary and are determined based upon employee contribution. ITEM 4. PARTICIPATING EMPLOYEES. There were 236 employees who were participants in the Plan at December 31, 1993. ITEM 5. ADMINISTRATION OF THE PLAN. (a) The following is a list of names and addresses of positions or offices held with Peoples Bancorp Inc. of all persons who are members of the Committee which administers the Plan: POSITIONS OR OFFICES HELD WITH PEOPLES NAMES AND ADDRESSES BANCORP INC. Joseph P. Flinn Loan Officer of The Peoples Banking 138 Putnam Street and Trust Company Marietta, Ohio 45750 Thomas D. Hesson Assistant Vice President and Controller 415 Main Street of The First National Bank of Caldwell, Ohio 43724 Southeastern Ohio Larry E. Holdren Executive Vice President and Director 138 Putnam Street of Human Resources of The Peoples Banking Marietta, Ohio 45750 and Trust Company Charles R. Hunsaker Counsel for Peoples Bancorp Inc.; and 138 Putnam Street Vice President and Counsel of The Peoples Marietta, Ohio 45750 Banking and Trust Company Doris Goldsberry Manager of Banking Center of The Peoples 1 North Court Street Banking and Trust Company Athens, Ohio 45701 Rick D. Turner President of The First National Bank of 415 Main Street Southeastern Ohio Caldwell, Ohio 43724 Jeffrey D. Welch Treasurer of Peoples Bancorp Inc., 138 Putnam Street Vice-President of Investment and Trust Marietta, Ohio 45750 Division of The Peoples Banking and Trust Company The Peoples Banking and Trustee of Peoples Bancorp Inc. Trust Company Retirement Savings Plan 138 Putnam Street Marietta, Ohio 45750 (b) Neither of the members of the Committee nor the Trustee received any compensation for services from the Plan during the plan year ended December 31, 1993. ITEM 6. CUSTODIAN OF INVESTMENTS. (a) The Peoples Banking and Trust Company, 138 Putnam Street, Marietta, Ohio, as Trustee, acts as custodian of all securities and investments of the Plan. The Peoples Banking and Trust Company, an Ohio banking corporation, offers various trust services to corporate and personal trust account customers. (b) The total amount of compensation received from the Employer-Issuer on behalf of the Plan by The Peoples Banking and Trust Company as Trustee for fiscal year 1992 was approximately -0-. (c) The Peoples Banking and Trust Company is covered by a bankers' blanket bond (financial institution bond) in the amount of $3,700,000 and separate coverage of $1,000,000 for fiduciary liability in dealing with its retirement plans. ITEM 7. REPORTS TO PARTICIPATING EMPLOYEES. During each quarter of the Plan year, each participant received an individual participant statement disclosing the status of his or her account during the preceding quarter (including the opening and closing totals, and a breakdown of withdrawals, contributions, and other allocations to or from the account). ITEM 8. INVESTMENT OF FUNDS. (a) During 1993 and 1992 the Plan paid out no direct brokerage commissions. (b) No transactions during 1993 were directed to a broker or otherwise which were in exchange for research services. ITEM 9. FINANCIAL STATEMENTS AND EXHIBITS. (a) Financial Statements. Audited Financial Statements for the Plan are incorporated herein by reference to the internal exhibit index marked - - - - -----INTERNAL EXHIBIT INDEX----- of this Form 8. (b) Exhibits Exhibit 24- Consent of Coopers & Lybrand SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Trustee (or other persons who administer the 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: April 29, 1994 BY: JEFFREY D. WELCH Jeffrey D. Welch, Treasurer Peoples Bancorp Inc. and member of the Administrative Committee EXHIBIT INDEX Exhibit 24 - Consent of Coopers & Lybrand PEOPLES BANCORP INC. RETIREMENT SAVINGS PLAN REPORT ON AUDITS OF FINANCIAL STATEMENTS for the years ended December 31, 1993 and 1992 - - - - -----INTERNAL EXHIBIT INDEX----- Report of Independent Accountants - Page 1 Financial Statements: Statement of Financial Condition, December 31, 1993 and 1992 - Page 2 Statement of Changes in Plan Equity for the years ended December 31, 1993, 1992 and 1991 - Page 3 Notes to the Financial Statements - Pages 4-7 Supplemental Schedules: Combining Statement of Financial Condition, December 31, 1993 and 1992 - Pages 8-9 Combining Statement of Changes in Plan Equity for the years ended December 31, 1993, 1992 and 1991 - Pages 10-12 Assets Held for Investment Purposes, December 31, 1993 - Page 13 Reportable Transactions, December 31, 1993 - Page 14 - - - - ------------------------------------------------------------------------ PLEASE NOTE: THE ABOVE PAGE NUMBERS REFLECT THE PAGE NUMBERS INCLUDED ON THE PAPER FILING OF THIS FORM 11-K. DUE TO LIMITATIONS OF THE EDGAR PAGE NUMBERING SYSTEM, PEOPLES BANCORP HAS ELECTED NOT TO USE PAGE NUMBERS IN THE ELECTRONIC FILING OF THIS FORM. - - - - ------------------------------------------------------------------------ REPORT OF INDEPENDENT ACCOUNTANTS To the Trust Administrative Committee Peoples Bancorp Inc. Retirement Savings Plan Marietta, Ohio We have audited the statements of financial condition of Peoples Bancorp Inc. Retirement Savings Plan as of December 31, 1993 and 1992, and the related statements of changes in plan equity for each of the three years in the period ended December 31, 1993. These financial statements are the responsibility of the Plan Administrator, Peoples Bancorp Inc. Retirement Savings Plan Administration Committee. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as 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 financial condition of the Plan as of December 31, 1993 and 1992, and the results of its operations and changes in Plan equity for each of the three years in the period ended December 31, 1993 in conformity with generally accepted accounting principles. Our audits were made for the purpose of forming an opinion on the financial statements taken as a whole. The Supplemental Schedules listed in the accompanying index are presented for the purposes of complying with the Department of Labor Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 and are not a required part of the basic financial statements. The supplemental schedules have been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole. COOPERS & LYBRAND Coopers & Lybrand Columbus, Ohio April 1, 1994 PEOPLES BANCORP INC. RETIREMENT SAVINGS PLAN STATEMENT OF FINANCIAL CONDITION, December 31, 1993 and 1992
PLAN ASSETS 1993 1992 Investment in common stock and certificates of deposit of participating employees $2,133,978 $1,710,297 Investment in common stock fund 448,589 344,850 Investment in special stock fund 44,523 Interest and dividends receivable 16,693 13,401 Cash, non-interest-bearing 14,785 285 Cash, interest-bearing 23,300 19,200 Contribution receivable 760 12,135 Participant loans 59,346 37,663 Total assets $2,741,974 $2,137,831 LIABILITIES AND PLAN EQUITY Excess contributions to be refunded $4,171 $13,140 Plan equity 2,737,803 2,124,691 Total liabilities and plan equity $2,741,974 $2,137,831
The accompanying notes are an integral part of the financial statements. STATEMENT OF CHANGES IN PLAN EQUITY for the years ended December 31, 1993, 1992 and 1991 1993 1992 1991 Investment income: Dividend $51,823 $44,197 $33,763 Interest 28,134 22,956 20,383 Total 79,957 67,153 54,146 Net appreciation in fair value of investments 278,473 388,028 143,759 Contributions and deposits: Participating employees 277,731 268,785 246,419 Participating employer 73,458 65,253 49,663 Total 351,189 334,038 296,082 Withdrawals and forfeitures (96,507) (59,226) (60,698) Net increase in plan equity 613,112 729,993 433,289 Plan equity at beginning of year 2,124,691 1,394,698 961,409 Plan equity at end of year $2,737,803 $2,124,691 $1,394,698
The accompanying notes are an integral part of the financial statements. NOTES TO THE FINANCIAL STATEMENTS 1. Description of Plan: A. General: Peoples Bancorp Inc. Retirement Savings Plan (the Plan) is a defined contribution plan covering substantially all employees of Peoples Bancorp Inc. and its subsidiaries (The Peoples Banking and Trust Company and The First National Bank of Southeastern Ohio) who have reached age 21. The Plan is a qualified trust under Sections 401(a) and 401(k) of the Internal Revenue Code. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA). The Trustee of the Plan is The Peoples Banking and Trust Company. See the Summary Plan Description for a more complete description of the Plan. B. Contributions: Participants may elect to contribute up to 15% of their base pay as a pretax contribution and an additional 10% of their base pay as an aftertax contribution. Base pay includes bonuses, overtime, commission and incentive pay. Peoples Bancorp Inc. or its subsidiary (the Corporation) will match 50% of an employee's contribution, up to a maximum of 3% of the employee's base pay. Employer contributions were as follows for the years ended December 31: 1993 1992 1991 The Peoples Banking and Trust Company $66,306 $54,913 $43,208 The First National Bank of Southeastern Ohio 7,152 10,340 6,455 Total $73,458 $65,253 $49,663
C. Allocation Provisions: Each participant may designate, in 5% increments, the investment of contributions into the following funds: 1. A common stock fund, The Peoples Stock Fund EB of the Special Investment Funds of The Peoples Banking and Trust Company. 2. A fixed income fund which consists of investments in deposit instruments of The Peoples Banking and Trust Company. 3. A fund of common stock of Peoples Bancorp Inc. as purchased in the open market. 4. A special stock fund, The Peoples Special Stock Fund of the Special Investment Funds of The Peoples Banking and Trust Company. The Plan also allows participants to borrow specified amounts from their vested balances. D. Vesting: Participants are immediately fully vested in their voluntary contributions, the employer's matching contributions, and actual earnings thereon. E. Payment of Account Balances: Upon retirement, benefits are generally paid in the form of a qualified joint and survivorship annuity for a married participant. If a married employee dies while a participant of the Plan, the employee's spouse would receive a qualified preretirement annuity equal to one-half of the deceased participant's vested balance; the remaining one-half will be distributed in a lump-sum payment. If a participant effectively waives the above distribution requirements, the participant may elect to receive either a lump-sum amount equal to the value of his or her account, or a series of substantially equal payments over a period not to exceed the greater of (a) the participant's life expectancy or (b) the joint and last survivor life expectancy of the participant and his designated beneficiary. 2. Summary of Accounting Policies: Investment in Peoples Bancorp Inc. common stock is carried at quoted market prices. The investment in the common stock fund is an investment in The Peoples Stock Fund EB of the Special Investment Funds of The Peoples Banking and Trust Company. The assets of the Fund are primarily composed of money market securities and stocks that are traded on national exchanges. The investment in the Fund is valued at the Plan's proportionate share of net assets of the Fund as of the most recent valuation date. The investment in the special stock fund is an investment in The Peoples Special Stock Fund of the Special Investment Funds of The Peoples Banking and Trust Company. The assets of the Fund are primarily composed of money market securities, small company stocks and common stock mutual funds. The investment in the Fund is valued at the Plan's proportionate share of net assets of the Fund as of the most recent valuation date. Dividends and interest received from investments are recorded as earned on an accrual basis. The Plan presents in the statement of changes in plan equity the net appreciation (depreciation) in the fair value of its investments, which consists of the realized gains or losses and the unrealized appreciation (depreciation) on those investments. 3. Investments: Investments held by the Plan at December 31, 1993 and 1992 are summarized as follows: 1993 1992 Fair Fair Cost Value Cost Value Peoples Stock Fund EB - The Peoples Banking and Trust Company, 9,083 and 7,726 units, respectively $339,491 $448,589 $274,972 $344,850 The Peoples Banking and Trust Company Certif- icates of Deposits, various maturities and interest rates 333,300 333,300 353,600 353,600 Peoples Bancorp Inc., common, 43,130 and 34,786 shares, respectively 1,068,002 1,800,678 843,535 1,356,697 Peoples Special Stock Fund, The Peoples Banking and Trust Company, 1,535 and -0- units, respectively 39,399 44,523 0 0 Total $1,780,192 $2,627,090 $1,472,107 $2,055,147
The number of employees in each of the above investment programs as of December 31, 1993 are as follows: Peoples Stock Fund EB 98 Peoples CD's 82 Peoples Bancorp Inc., common stock 201 Peoples Special Stock Fund 37 The net appreciation in fair market value of each significant class of investments for the years ended December 31, 1993, 1992 and 1991 are as follows: 1993 1992 1991 Peoples Stock Fund EB $38,931 $10,938 $47,511 Peoples Bancorp Inc., common stock 234,300 377,090 96,248 Peoples Special Stock Fund 5,242 Net appreciation $278,473 $388,028 $143,759
During 1993, the Plan sold investments for $37,244 which had a cost of $22,383. 4. Plan Termination: Although it has not expressed any intent to do so, Peoples Bancorp Inc. has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of plan termination, participants will become 100% vested in their accounts. 5. Tax Status: The Internal Revenue Service issued a determination letter July 20, 1987 stating that the Plan constitutes a qualified trust under Sections 401(a) and 401(k) of the Internal Revenue Code and is therefore exempt from federal income taxes under the provisions of Section 501(a). 6. Payment of Expenses: The Company elected all the administrative expenses and investment costs of the Plan. Should the Company elect not to pay all or part of such expenses, the Trustee then pays these expenses from the Plan.
COMBINING STATEMENT OF FINANCIAL CONDITION, December 31, 1993 Peoples Stock Certificate of Bancorp Inc., Special Stock Holding PLAN ASSETS Fund EB Deposit Fund Stock Fund Fund Account Total Investments $448,589 $333,300 $1,800,678 $44,523 $2,627,090 Interest and dividends receivable 1,852 2,950 11,891 16,693 Cash, non-interest bearing 22 59 77 79 $14,548 14,785 Cash, interest-bearing 16,300 3,500 300 3,000 200 23,300 Contribution receivable 3,480 1,355 9,326 1,347 (14,748) 760 Loans receivable from participants 59,346 59,346 Total assets $470,243 $341,164 $1,822,272 $48,949 $59,346 $2,741,974 LIABILITIES AND PLAN EQUITY Excess contributions payable $612 $144 $2,478 $937 $4,171 Plan equity 469,631 341,020 1,819,794 48,012 $59,346 2,737,803 Total liabilities and plan equity $470,243 $341,164 $1,822,272 $48,949 $59,346 $2,741,974
COMBINING STATEMENT OF FINANCIAL CONDITION, December 31, 1992 Peoples Stock Certificate of Bancorp Inc., Holding PLAN ASSETS Fund EB Deposit Fund Stock Fund Account Total Investments $344,850 $353,600 $1,356,697 $2,055,147 Interest and dividends receivable 1,121 3,327 8,953 13,401 Cash, non-interest-bearing 72 91 90 $32 285 Cash, interest-bearing 7,700 8,300 2,600 600 19,200 Contribution receivable 2,888 2,235 7,644 (632) 12,135 Loans receivable from participants 37,663 37,663 Total assets $356,631 $367,553 $1,375,984 $37,663 $2,137,831 LIABILITIES AND PLAN EQUITY Excess contributions payable $3,168 $2,748 $7,224 $13,140 Plan equity 353,463 364,805 1,368,760 $37,663 2,124,691 Total liabilities and plan equity $356,631 $367,553 $1,375,984 $37,663 $2,137,831
COMBINING STATEMENT OF CHANGES IN PLAN EQUITY for the year ended December 31, 1993
Peoples Stock Certificate of Bancorp Inc., Special Holding Fund EB Deposit Fund Stock Fund Stock Fund Account Total Investment income: Dividend $8,627 $42,914 $282 $51,823 Interest 1,113 $22,052 211 269 $4,489 28,134 Subtotal 9,740 22,052 43,125 551 4,489 79,957 Net appreciation in fair value of investments 38,931 234,300 5,242 278,473 Contributions and deposits: Participating employees 59,236 26,410 167,978 24,107 277,731 Participating employer 14,037 6,924 47,557 4,940 73,458 Subtotal 73,273 33,334 215,535 29,047 351,189 Withdrawals and forfeitures (18,616) (20,257) (49,153) (7,112) (1,369) (96,507) Transfers 12,840 (58,914) 7,227 20,284 18,563 Net increase in plan equity 116,168 (23,785) 451,034 48,012 21,683 613,112 Plan equity at beginning of year 353,463 364,805 1,368,760 37,663 2,124,691 Plan equity at end of year $469,631 $341,020 $1,819,794 $48,012 $59,346 $2,737,803
COMBINING STATEMENT OF CHANGES IN PLAN EQUITY for the year ended December 31, 1992 Peoples Stock Certificate of Bancorp Inc., Holding Fund EB Deposit Fund Stock Fund Account Total Investment income: Dividend $10,121 $34,076 $44,197 Interest $22,812 $144 22,956 Subtotal 10,121 22,812 34,076 144 67,153 Net appreciation in fair value of investments 10,938 377,090 388,028 Contributions and deposits: Participating employees 52,310 74,063 142,412 268,785 Participating employer 12,643 11,926 40,684 65,253 Subtotal 64,953 85,989 183,096 334,038 Withdrawals and forfeitures (9,230) (23,583) (25,786) (627) (59,226) Transfers (13,183) (8,769) 967 20,985 Net increase in plan equity 63,599 76,449 569,443 20,502 729,993 Plan equity at beginning of year 289,864 288,356 799,317 17,161 1,394,698 Plan equity at end of year $353,463 $364,805 $1,368,760 $37,663 $2,124,691
COMBINING STATEMENT OF CHANGES IN PLAN EQUITY for the year ended December 31, 1991 Peoples Stock Certificate of Bancorp Inc., Holding Fund EB Deposit Fund Stock Fund Account Total Investment income: Dividend $7,429 $26,334 $33,763 Interest $19,193 $1,190 20,383 Subtotal 7,429 19,193 26,334 1,190 54,146 Net appreciation in fair value of investments 47,511 96,248 143,759 Contributions and deposits: Participating employees 58,790 46,789 140,840 246,419 Participating employer 9,965 9,680 30,018 49,663 Subtotal 68,755 56,469 170,858 296,082 Withdrawals and forfeitures (7,045) (22,231) (31,422) (60,698) Transfers (2,513) 1,467 (6,932) 7,978 Net increase in plan equity 114,137 54,898 255,086 9,168 433,289 Plan equity at beginning of year 175,727 233,458 544,231 7,993 961,409 Plan equity at end of year $289,864 $288,356 $799,317 $17,161 $1,394,698
ITEM 27(a) - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES December 31, 1993 Cost Market Certificates of Deposit, The Peoples Banking and Trust Company: 6.90% due 02/25/94 $22,000 $22,000 7.40% due 04/08/94 14,500 14,500 7.20% due 05/06/94 12,000 12,000 7.00% due 06/05/94 18,200 18,200 7.40% due 07/05/94 17,000 17,000 7.00% due 07/26/94 15,400 15,400 7.00% due 08/26/94 25,400 25,400 6.85% due 09/10/94 22,200 22,200 7.00% due 10/02/96 16,100 16,100 7.15% due 11/04/96 11,900 11,900 6.75% due 12/12/96 34,700 34,700 6.00% due 02/26/97 47,500 47,500 6.25% due 05/05/97 20,000 20,000 6.35% due 06/05/97 10,000 10,000 6.35% due 07/18/97 15,900 15,900 5.60% due 06/14/98 15,700 15,700 5.35% due 10/19/98 1,800 1,800 5.60% due 12/14/98 13,000 13,000 Subtotal 333,300 333,300 Peoples Bancorp Inc., common stock 1,068,002 1,800,678 Peoples Stock Fund EB 339,491 448,589 Peoples Special Stock Fund 39,399 44,523 Loans to participants, varied terms through 1998, varied interest rates from 8% - 10% 59,346 59,346 Total $1,839,538 $2,686,436
ITEM 27 (d) - SCHEDULE OF REPORTABLE TRANSACTIONS for the year ended December 31, 1993 Par Value of Number Par Value of Gain Description of Shares Amount of Number of Amount (Loss) of Assets Purchased Purchases Shares Sold of Sales on Sale The Peoples Banking and Trust Company, certificates of deposit $75,400 $75,400 $95,700 $95,700 Peoples Bancorp Inc., common stock 5,530 244,809 845 34,838 $14,742 Fidelity U.S. Treasury Income Portfolio Fund 974,500 974,500 970,400 970,400
EX-24 2 CONSENT LETTER FROM INDEPENDENT AUDITORS (C & L) CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference in the Registration Statement of Peoples Bancorp Inc. on Form S-8 (File No. 33-1803) covering the Peoples Bancorp Inc. Retirement Savings Plan of our report dated April 1, 1994 on our audit of the financial statements of Peoples Bancorp Inc. Retirement Savings Plan as of December 31, 1993 and 1992 and for the years ended December 31, 1993, 1992, and 1991, which report is included in this Annual Report on Form 11-K. COOPERS & LYBRAND Coopers & Lybrand Columbus, Ohio April 28, 1994 -----END PRIVACY-ENHANCED MESSAGE-----