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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Schedule of Preferred, Common and Treasury Stock
The following table details the progression in Peoples’ common shares and treasury stock during the three months ended March 31, 2016:
 
 
Common Shares
Treasury
Stock
Shares at December 31, 2015
18,931,200

586,686

Changes related to stock-based compensation awards:
 
 
Release of restricted common shares

13,771

Cancellation of restricted common shares
(2,810
)

Grant of restricted common shares

(35,500
)
Changes related to deferred compensation plan for Boards of Directors:
 
 
Purchase of treasury stock

2,946

Reissuance of treasury stock

(8,531
)
Common shares repurchased under the share repurchase program

279,770

Common shares issued under dividend reinvestment plan
5,795


Common shares issued under compensation plan for Board of Directors

(3,196
)
Common shares issued under employee stock purchase plan

(4,928
)
Shares at March 31, 2016
18,934,185

831,018

Schedule of Accumulated Other Comprehensive (Loss) Income
The following table details the change in the components of Peoples’ accumulated other comprehensive (loss) income for the three months ended March 31, 2016:
(Dollars in thousands)
Unrealized Gain on Securities
Unrecognized Net Pension and Postretirement Costs
Accumulated Other Comprehensive (Loss) Income
Balance, December 31, 2015
$
2,869

$
(3,228
)
$
(359
)
Reclassification adjustments to net income:
 
 


  Realized gain on sale of securities, net of tax
(62
)

(62
)
Other comprehensive income, net of reclassifications and tax
8,013


8,013

Balance, March 31, 2016
$
10,820

$
(3,228
)
$
7,592