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Long-Term Borrowings (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes Peoples' long-term borrowings:
 
June 30, 2015
December 31, 2014
(Dollars in thousands)
Balance
Weighted-
Average
Rate
Balance
Weighted-
Average
Rate
Term note payable (parent company)
$
11,978

3.50
%
$
14,369

3.50
%
Callable national market repurchase agreements
40,000

3.63
%
40,000

3.63
%
FHLB putable, non-amortizing, fixed rate advances
50,000

3.32
%
83,995

3.30
%
FHLB amortizing, fixed rate advances
20,018

2.61
%
40,719

2.13
%
Subordinated debt
6,637

1.76
%

%
Total long-term borrowings
$
128,633

3.24
%
$
179,083

3.12
%
Schedule of Maturities of Long-term Debt
The aggregate minimum annual retirements of long-term borrowings in future periods are as follows:
(Dollars in thousands)
Balance
Weighted-Average Rate
Six Months Ending December 31, 2015
$
5,377

2.78
%
Year Ending December 31, 2016
7,734

3.07
%
Year Ending December 31, 2017
7,126

3.16
%
Year Ending December 31, 2018
42,390

3.33
%
Year Ending December 31, 2019
41,426

3.59
%
Thereafter
24,580

2.69
%
Total long-term borrowings
$
128,633

3.24
%