XML 111 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stockholders' Equity
6 Months Ended
Jun. 30, 2013
Stockholders' Equity Attributable to Parent [Abstract]  
Stockholders' Equity [Text Block]
Stockholders’ Equity 

The following table details the progression in shares of Peoples’ common and treasury stock during the period presented:
 
 
Common Stock
Treasury
Stock
Shares at December 31, 2012
11,155,648

607,688

Changes related to stock-based compensation awards:
 
 
Release of restricted common shares
17,666

3,429

Changes related to deferred compensation plan:
 
 
Purchase of treasury stock
 
712

Reissuance of treasury stock
 
(7,703
)
Common shares issued under dividend reinvestment plan
9,931

 
Common shares issued under Board of Directors' compensation plan

(4,042
)
Shares at June 30, 2013
11,183,245

600,084


Under its Amended Articles of Incorporation, Peoples is authorized to issue up to 50,000 preferred shares, in one or more series, having such voting powers, designations, preferences, rights, qualifications, limitations and restrictions as determined by the Board of Directors. At June 30, 2013, Peoples had no preferred shares issued or outstanding.
Accumulated Other Comprehensive Income (Loss)
The following details the change in the components of Peoples’ accumulated other comprehensive income (loss) for the six months ended June 30, 2013:
 
(Dollars in thousands)
Unrealized Gain on Securities
Unrecognized Net Pension and Postretirement Costs
Accumulated Other Comprehensive Income (Loss)
Balance, December 31, 2012
$
6,892

$
(6,238
)
$
654

Reclassification adjustments to net income:
 
 


  Realized gain on sale of securities, net of tax
(289
)

(289
)
Other comprehensive (loss) income, net of reclassifications and tax
(10,576
)
63

(10,513
)
Balance, June 30, 2013
$
(3,973
)
$
(6,175
)
$
(10,148
)