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Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2014
Share-based Compensation [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes the changes to Peoples' stock options for the six months ended June 30, 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

 
 
 
 
Exercised
 
792

 
24.07

 
 
 
 
Expired
 
12,926

 
28.12

 
 
 
 
Outstanding at June 30
 
43,376

 
$
27.98

 
1.3 years
 
$
3,000

Exercisable at June 30
 
43,376

 
$
27.98

 
1.3 years
 
$
3,000
Schedule of Stock Options Outstanding & Exercisable by Exercise Price Range
The following table summarizes Peoples’ SARs outstanding at June 30, 2014:
 
Exercise Price
Number of Shares Subject to SARs Outstanding & Exercisable
Weighted-
Average Remaining Contractual
Life
$23.26
2,000

3.1 years
$23.77
10,582

3.6 years
$29.25
8,710

2.6 years
Total
21,292

3.2 years
The following table summarizes Peoples’ stock options outstanding at June 30, 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
2,000

0.2 years
$
25.94

$26.01
to
$27.74
15,136

0.6 years
26.93

$28.25
to
$28.26
15,040

1.6 years
28.25

$28.57
to
$30.00
11,200

1.8 years
29.40

Total
43,376

1.3 years
$
27.98
Schedule of Stock Appreciation Rights Outstanding & Exercisable by Exercise Price
The following table summarizes the changes to Peoples' SARs for the six months ended June 30, 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 June 30
 
21,292

 
$
25.96

 
3.2 years
 
$
35,000

Exercisable at June 30
 
21,292

 
$
25.96

 
3.2 years
 
$
35,000
Schedule of Restricted Shares Activity
The following table summarizes the changes to Peoples’ restricted shares for the six months ended June 30, 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
4,900

24.32

 
83,514

21.68

Released
20,077

15.75

 
37,746

19.93

Forfeited
—

—

 
5,803

21.73

Outstanding at June 30
45,029

$
18.60

 
125,219

$
21.73

 
Summary of Stock-Based Compensation and Related Tax Benefit
The following table summarizes the amount of stock-based compensation expense and related tax benefit recognized:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(Dollars in thousands)
2014
2013
 
2014
2013
Total stock-based compensation
$
464

$
386

 
$
954

$
683

Recognized tax benefit
(162
)
(135
)
 
(334
)
(239
)
Net expense recognized
$
302

$
251

 
$
620

$
444