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Comprehensive Income (Loss)
9 Months Ended
Sep. 30, 2011
Comprehensive Income (Loss) [Abstract] 
Comprehensive Income Note [Text Block]
Comprehensive Income (Loss) 
The components of other comprehensive income (loss) were as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(Dollars in thousands)
2011
2010
 
2011
2010
Net income
$
3,921

$
413

 
$
8,711

$
5,013

Other comprehensive income (loss):
 
 
 
 
 
Available-for-sale investment securities:
 
 
 
 
 
Gross unrealized holding gain (loss) arising in the period
4,505

(4,915
)
 
12,989

(12,681
)
Related tax (expense) benefit
(1,577
)
1,720

 
(4,546
)
4,438

Less: reclassification adjustment for net gain included in net income
57

3,818

 
473

5,066

Related tax expense
(21
)
(1,337
)
 
(166
)
(1,773
)
Net effect on other comprehensive income (loss)
2,892

(5,676
)
 
8,136

(11,536
)
Defined benefit plans:
 
 
 
 
 
Amortization of unrecognized loss and service cost on pension plan
387

38

 
464

115

Related tax expense
(136
)
(13
)
 
(163
)
(40
)
Net effect on other comprehensive income
251

25

 
301

75

Total other comprehensive income (loss), net of tax
3,143

(5,651
)
 
8,437

(11,461
)
Total comprehensive income (loss)
$
7,064

$
(5,238
)
 
$
17,148

$
(6,448
)

The following details the change in the components of Peoples’ accumulated other comprehensive income (loss) for the nine months ended September 30, 2011:
 
(Dollars in thousands)
Unrealized (Loss) Gain on Securities
Unrecognized Net Pension and Postretirement Costs
Accumulated Comprehensive (Loss) Income
Balance, December 31, 2010
$
(2,038
)
$
(2,415
)
$
(4,453
)
Current period change, net of tax
8,136

301

8,437

Balance, September 30, 2011
$
6,098

$
(2,114
)
$
3,984