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Short-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2015
Short-term Debt [Abstract]  
Schedule of Short-term Borrowings
Peoples utilizes various short-term borrowings as sources of funds, which are summarized as follows at December 31:
(Dollars in thousands)
Retail Repurchase Agreements
FHLB
Advances
Other Short-Term Borrowings
2015
 

 

 

Ending balance
$
84,386

$
76,000

$

Average balance
83,574

16,863


Highest month-end balance
92,711

76,000


Interest expense
140

42


Weighted-average interest rate:
 

 

 

End of year
0.17
%
0.35
%
%
During the year
0.17
%
0.25
%
%
 
 
 
 
2014
 

 

 

Ending balance
$
73,277

$
15,000

$

Average balance
59,324

36,678

38

Highest month-end balance
76,459

108,000


Interest expense
99

47


Weighted-average interest rate:
 

 

 

End of year
0.17
%
0.14
%
%
During the year
0.17
%
0.13
%
0.75
%
 
 
 
 
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
%