Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2014

Share-based Compensation [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following summarizes the changes to Peoples' stock options for the period ended March 31, 2014:

	Number of Shares Subject to Options	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life	Aggregate Intrinsic Value
Outstanding at January 1	57,094	$	27.96
Expired	7,728	28.52
Outstanding at March 31	49,366	$	27.87	1.4 years	$	1,000
Exercisable at March 31	49,366	$	27.87	1.4 years	$	1,000

Schedule of Stock Options Outstanding & Exercisable by Exercise Price Range

The following table summarizes Peoples’ stock options outstanding at March 31, 2014:

			Options Outstanding & Exercisable
Range of Exercise Prices			Shares Subject to Options Outstanding & Exercisable	Weighted-Average Remaining Contractual Life	Weighted-Average Exercise Price
$23.59	to	$25.94	2,792	0.4 years	$	25.41
$26.01	to	$27.74	20,334	0.7 years	27.08
$28.25	to	$28.26	15,040	1.9 years	28.25
$28.57	to	$30.00	11,200	2.2 years	29.40
Total			49,366	1.4 years	$	27.87

The following table summarizes Peoples’ SARs outstanding at March 31, 2014:

Exercise Price	Number of Shares Subject to SARs Outstanding & Exercisable	Weighted- Average Remaining Contractual Life
$23.26	2,000	3.3 years
$23.77	10,582	3.9 years
$29.25	8,710	2.9 years
Total	21,292	3.4 years

Schedule of Stock Appreciation Rights Outstanding & Exercisable by Exercise Price

The following summarizes the changes to Peoples' SARs for the period ended March 31, 2014:

	Number of Shares Subject to SARs	Weighted- Average Exercise Price		Weighted-Average Remaining Contractual Life	Aggregate Intrinsic  Value
Outstanding at January 1	21,292	$	25.96
Forfeited	—	—
Outstanding at March 31	21,292	$	25.96	3.4 years	$	13,000
Exercisable at March 31	21,292	$	25.96	3.4 years	$	13,000

Schedule of Restricted Shares Activity

The following summarizes the changes to Peoples’ restricted shares for the period ended March 31, 2014:

	Time-Based Vesting			Performance-Based Vesting
	Number of Shares	Weighted-Average Grant Date Fair Value		Number of Shares	Weighted-Average Grant Date Fair Value
Outstanding at January 1	60,206	$	17.18	85,254	$	20.98
Awarded	2,000	22.79		83,514	21.68
Released	10,994	16.93		37,746	19.93
Forfeited	—	—		100	21.68
Outstanding at March 31	51,212	$	17.46	130,922	$	21.73

Summary of Stock-Based Compensation and Related Tax Benefit

The following summarizes the amount of stock-based compensation expense and related tax benefit recognized:

	Three Months Ended
	March 31,
(Dollars in thousands)	2014			2013
Total stock-based compensation	$	490		$	297
Recognized tax benefit	(172		)	(104		)
Net expense recognized	$	318		$	193