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Long-Term Borrowings (Tables)
9 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes Peoples' long-term borrowings:
 
September 30, 2016
December 31, 2015
(Dollars in thousands)
Balance
Weighted-
Average
Rate
Balance
Weighted-
Average
Rate
FHLB putable, non-amortizing, fixed-rate advances
$
70,000

2.49
%
$
50,000

3.32
%
Callable national market repurchase agreements
40,000

3.63
%
40,000

3.63
%
FHLB amortizing, fixed-rate advances
30,743

2.02
%
16,934

2.69
%
Junior subordinated debt securities
6,877

2.34
%
6,736

1.83
%
Unamortized debt issuance costs
(57
)
%

%
Total long-term borrowings
$
147,563

2.69
%
$
113,670

3.25
%
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
Three months ending December 31, 2016
$
2,408

2.08
%
Year ending December 31, 2017
5,545

1.77
%
Year ending December 31, 2018
64,970

3.54
%
Year ending December 31, 2019
13,508

1.27
%
Year ending December 31, 2020
10,564

2.03
%
Thereafter
50,568

2.26
%
Total long-term borrowings
$
147,563

2.69
%