Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 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 nine months ended September 30, 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	—		13,892
Cancellation of restricted common shares	(10,654	)	1,000
Grant of restricted common shares	—		(56,000	)
Grant of common shares	—		(350	)
Changes related to deferred compensation plan for Boards of Directors:
Purchase of treasury stock	—		6,291
Reissuance of treasury stock	—		(12,012	)
Common shares repurchased under share repurchase program	—		279,770
Common shares issued under dividend reinvestment plan	15,668		—
Common shares issued under compensation plan for Boards of Directors	—		(11,450	)
Common shares issued under employee stock purchase plan	—		(12,970	)
Shares at September 30, 2016	18,936,214		794,857

Schedule of Accumulated Other Comprehensive (Loss) Income

The following table details the change in the components of Peoples’ accumulated other comprehensive income (loss) for the nine months ended September 30, 2016:

(Dollars in thousands)	Unrealized Gain on Securities			Unrecognized Net Pension and Postretirement Costs			Unrealized Loss on Cash Flow Hedge			Accumulated Other Comprehensive Income (Loss)
Balance, December 31, 2015	$	2,869		$	(3,228	)	$	—		$	(359	)
Reclassification adjustments to net income:
Realized gain on sale of securities, net of tax	(560		)	—			—			(560		)
Other comprehensive income (loss), net of reclassifications and tax	9,542			44			(120		)	9,466
Balance, September 30, 2016	$	11,851		$	(3,184	)	$	(120	)	$	8,547