Ninebark (Physocarpus opulifolius)
Clusters of pinkish-white five-petaled flowers bloom in May to June and turn into reddish fruit in the fall.
Young stems are green, while mature branches have exfoliating bark which peels to reveal colors from light to reddish brown.
Grows in slightly acidic well-drained soil.
Eastern US native of riverbanks, thickets and rocky outcroppings.