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Short-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2013
Short-term Debt [Abstract]  
Schedule of Short-term Borrowings
Peoples utilizes various short-term borrowings as sources of funds, which are summarized as follows:
(Dollars in thousands)
Retail Repurchase Agreements
FHLB
Advances
Other Short-Term Borrowings
2013
 

 

 

Ending balance
$
42,590

$
71,000

$

Average balance
37,077

44,127

90

Highest month-end balance
46,850

92,500


Interest expense
58

55

1

Weighted-average interest rate:
 

 

 

End of year
0.16
%
0.14
%
%
During the year
0.16
%
0.12
%
0.74
%
 
 
 
 
2012
 

 

 

Ending balance
$
32,769

$
15,000

$

Average balance
37,386

13,240

15

Highest month-end balance
44,905

39,900


Interest expense
57

17


Weighted-average interest rate:
 

 

 

End of year
0.15
%
0.15
%
%
During the year
0.15
%
0.12
%
0.74
%
 
 
 
 
2011
 

 

 

Ending balance
$
43,143

$
8,500

$

Average balance
41,542

5,525

47

Highest month-end balance
49,162

21,900


Interest expense
98

5


Weighted-average interest rate:
 

 

 

End of year
0.16
%
0.14
%
%
During the year
0.24
%
0.08
%
0.74
%