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Loans (Tables)
 12 Months Ended
Dec. 31, 2016
Receivables [Abstract]  
Loan Classification by Type
The major classifications of loan balances, excluding loans held for sale, were as follows at December 31:
(Dollars in thousands)
2016
2015
Originated loans:
 
 
Commercial real estate, construction
$
84,626

$
63,785

Commercial real estate, other
531,557

471,184

    Commercial real estate
616,183

534,969

Commercial and industrial
378,131

288,130

Residential real estate
307,490

288,783

Home equity lines of credit
85,617

74,176

Consumer, indirect
252,024

165,320

Consumer, other
67,579

61,813

   Consumer
319,603

227,133

Deposit account overdrafts
1,080

1,448

Total originated loans
$
1,708,104

$
1,414,639

Acquired loans:
 
 
Commercial real estate, construction
$
10,100

$
12,114

Commercial real estate, other
204,466

265,092

    Commercial real estate
214,566

277,206

Commercial and industrial
44,208

63,589

Residential real estate
228,435

276,772

Home equity lines of credit
25,875

32,253

Consumer, indirect
808

1,776

Consumer, other
2,940

6,205

   Consumer
3,748

7,981

Total acquired loans
$
516,832

$
657,801

Total loans
$
2,224,936

$
2,072,440
Purchased Credit Impaired Loans
Peoples has acquired various loans through business combinations for which there was, at acquisition, evidence of deterioration of credit quality since origination and for which it was probable that all contractually required payments would not be collected, commonly referred to as "purchased credit impaired" loans. The carrying amounts of these loans included in the loan balances above are summarized as follows at December 31:
(Dollars in thousands)
2016
2015
Commercial real estate
$
11,476

$
16,893

Commercial and industrial
1,573

3,040

Residential real estate
23,306

27,155

Consumer
76

193

Total outstanding balance
$
36,431

$
47,281

Net carrying amount
$
26,524

$
35,064
Accretable Yield Rollforward
Changes in the accretable yield for acquired purchased credit impaired loans during the year ended December 31, 2016 were as follows:
(Dollars in thousands)
Accretable Yield
Balance, December 31, 2015
$
7,042

Additions:
 
    Reclassification from nonaccretable to accretable
2,014

Accretion
(1,924
)
Balance, December 31, 2016
$
7,132
Related Party Loans
Activity in related party loans is presented in the table below. Other changes primarily consist of changes in related party status and new directors elected during the year.
(Dollars in thousands)
 
Balance, December 31, 2015
$
19,221

New loans and disbursements
5,702

Repayments
(7,330
)
Other changes
—

Balance, December 31, 2016
$
17,593
Nonaccrual and Past Due Loans
The recorded investments in loans on nonaccrual status and accruing loans delinquent for 90 days or more were as follows at December 31:
 
 
 
 
Accruing Loans
90+ Days Past Due
 
Nonaccrual Loans
 
(Dollars in thousands)
2016
2015
 
2016
2015
Originated loans:
 
 
 
 
 
Commercial real estate, construction
$
826

$
921

 
$
—

$
—

Commercial real estate, other
9,934

7,041

 
—

—

    Commercial real estate
10,760

7,962

 
—

—

Commercial and industrial
1,712

480

 
—

680

Residential real estate
3,778

3,057

 
183

169

Home equity lines of credit
383

321

 
—

—

Consumer, indirect
130

34

 
10

—

Consumer, other
11

58

 
—

1

   Consumer
141

92

 
10

1

Total originated loans
$
16,774

$
11,912

 
$
193

$
850

Acquired loans:
 
 
 
 
 
Commercial real estate, other
$
1,609

$
469

 
$
1,506

$
2,425

Commercial and industrial
390

247

 
387

1,306

Residential real estate
2,317

798

 
1,672

1,353

Home equity lines of credit
231

98

 
—

35

Consumer, indirect
—

—

 
13

—

Consumer, other
4

7

 
—

—

   Consumer
4

7

 
13

—

Total acquired loans
$
4,551

$
1,619

 
$
3,578

$
5,119

Total loans
$
21,325

$
13,531

 
$
3,771

$
5,969
Aging Of The Recorded Investment In Past Due Loans And Leases

    
The following table presents the aging of the recorded investment in past due loans at December 31:
 
Loans Past Due
 
Current
Loans
Total
Loans
(Dollars in thousands)
30 - 59 days
60 - 89 days
90 + Days
Total
 
2016
 
 
 
 
 
 
 
Originated loans:
 
 
 
 
 
 
 
Commercial real estate, construction
$
—

$
—

$
826

$
826

 
$
83,800

$
84,626

Commercial real estate, other
1,420

225

9,305

10,950

 
520,607

531,557

    Commercial real estate
1,420

225

10,131

11,776

 
604,407

616,183

Commercial and industrial
1,305

700

1,465

3,470

 
374,661

378,131

Residential real estate
7,288

1,019

1,895

10,202

 
297,288

307,490

Home equity lines of credit
316

45

248

609

 
85,008

85,617

Consumer, indirect
2,080

273

77

2,430

 
249,594

252,024

Consumer, other
346

38

—

384

 
67,195

67,579

   Consumer
2,426

311

77

2,814


316,789

319,603

Deposit account overdrafts
—

—

—

—

 
1,080

1,080

Total originated loans
$
12,755

$
2,300

$
13,816

$
28,871

 
$
1,679,233

$
1,708,104

Acquired loans:
 
 
 
 
 
 
 
Commercial real estate, construction
$
—

$
—

$
40

$
40

 
$
10,060

$
10,100

Commercial real estate, other
1,220

208

2,271

3,699

 
200,767

204,466

    Commercial real estate
1,220

208

2,311

3,739

 
210,827

214,566

Commercial and industrial
148

3

777

928

 
43,280

44,208

Residential real estate
5,918

2,496

2,974

11,388

 
217,047

228,435

Home equity lines of credit
208

65

178

451

 
25,424

25,875

Consumer, indirect
4

—

—

4

 
804

808

Consumer, other
51

—

13

64

 
2,876

2,940

   Consumer
55

—

13

68

 
3,680

3,748

Total acquired loans
$
7,549

$
2,772

$
6,253

$
16,574

 
$
500,258

$
516,832

Total loans
$
20,304

$
5,072

$
20,069

$
45,445

 
$
2,179,491

$
2,224,936


 
Loans Past Due
 
Current
Loans
Total
Loans
(Dollars in thousands)
30 - 59 days
60 - 89 days
90 + Days
Total
 
2015
 
 
 
 
 
 
 
Originated loans:
 
 
 
 
 
 
 
Commercial real estate, construction
$
913

$
—

$
8

$
921

 
$
62,864

$
63,785

Commercial real estate, other
7,260

1,258

379

8,897

 
462,287

471,184

    Commercial real estate
8,173

1,258

387

9,818

 
525,151

534,969

Commercial and industrial
1,437

215

767

2,419

 
285,711

288,130

Residential real estate
3,124

1,105

1,263

5,492

 
283,291

288,783

Home equity lines of credit
161

7

104

272

 
73,904

74,176

Consumer, indirect
790

168

—

958

 
164,362

165,320

Consumer, other
597

82

32

711

 
61,102

61,813

   Consumer
1,387

250

32

1,669

 
225,464

227,133

Deposit account overdrafts
—

—

—

—

 
1,448

1,448

Total originated loans
$
14,282

$
2,835

$
2,553

$
19,670

 
$
1,394,969

$
1,414,639

Acquired loans:
 
 
 
 
 
 
 
Commercial real estate, construction
$
—

$
—

$
40

$
40

 
$
12,074

$
12,114

Commercial real estate, other
1,592

352

2,730

4,674

 
260,418

265,092

    Commercial real estate
1,592

352

2,770

4,714

 
272,492

277,206

Commercial and industrial
177

232

1,553

1,962

 
61,627

63,589

Residential real estate
4,910

2,480

1,745

9,135

 
267,637

276,772

Home equity lines of credit
318

20

95

433

 
31,820

32,253

Consumer, indirect
23

—

—

23

 
1,753

1,776

Consumer, other
67

31

—

98

 
6,107

6,205

   Consumer
90

31

—

121

 
7,860

7,981

Total acquired loans
$
7,087

$
3,115

$
6,163

$
16,365

 
$
641,436

$
657,801

Total loans
$
21,369

$
5,950

$
8,716

$
36,035

 
$
2,036,405

$
2,072,440
Loans By Risk Category
The following table summarizes the risk category of Peoples' loan portfolio based upon the most recent analysis performed at December 31:
 
Pass Rated
Watch
Substandard
Doubtful
Not
Rated
Total
Loans
(Dollars in thousands)
(Grades 1 - 4)
(Grade 5)
(Grade 6)
(Grade 7)
2016
 
 
 
 
 
 
Originated loans:
 
 
 
 
 
 
Commercial real estate, construction
$
73,423

$
—

$
826

$
—

$
10,377

$
84,626

Commercial real estate, other
505,029

11,855

14,673

—

—

531,557

    Commercial real estate
578,452

11,855

15,499

—

10,377

616,183

Commercial and industrial
346,791

15,210

16,130

—

—

378,131

Residential real estate
47,336

957

12,828

304

246,065

307,490

Home equity lines of credit
465

—

135

—

85,017

85,617

Consumer, indirect
15

13

—

—

251,996

252,024

Consumer, other
50

—

—

—

67,529

67,579

   Consumer
65

13

—

—

319,525

319,603

Deposit account overdrafts
—

—

—

—

1,080

1,080

Total originated loans
$
973,109

$
28,035

$
44,592

$
304

$
662,064

$
1,708,104

Acquired loans:
 
 
 
 
 
 
Commercial real estate, construction
$
10,046

$
—

$
54

$
—

$
—

$
10,100

Commercial real estate, other
181,781

12,475

10,210

—

—

204,466

    Commercial real estate
191,827

12,475

10,264

—

—

214,566

Commercial and industrial
42,809

227

978

194

—

44,208

Residential real estate
17,170

709

1,404

—

209,152

228,435

Home equity lines of credit
202

—

—

—

25,673

25,875

Consumer, indirect
51

—

—

—

757

808

Consumer, other
53

—

—

—

2,887

2,940

   Consumer
104

—

—

—

3,644

3,748

Total acquired loans
$
252,112

$
13,411

$
12,646

$
194

$
238,469

$
516,832

Total loans
$
1,225,221

$
41,446

$
57,238

$
498

$
900,533

$
2,224,936

 
Pass Rated
Watch
Substandard
Doubtful
Not
Rated
Total
Loans
(Dollars in thousands)
(Grades 1 - 4)
(Grade 5)
(Grade 6)
(Grade 7)
2015
 
 
 
 
 
 
Originated loans:
 
 
 
 
 
 
Commercial real estate, construction
$
62,225

$
—

$
913

$
—

$
647

$
63,785

Commercial real estate, other
434,868

18,710

17,595

—

11

471,184

    Commercial real estate
497,093

18,710

18,508

—

658

534,969

Commercial and industrial
259,183

23,601

5,344

—

2

288,130

Residential real estate
21,903

1,168

12,282

187

253,243

288,783

Home equity lines of credit
785

—

175

—

73,216

74,176

Consumer, indirect
114

—

—

—

165,206

165,320

Consumer, other
94

—

3

—

61,716

61,813

   Consumer
208

—

3

—

226,922

227,133

Deposit account overdrafts
—

—

—

—

1,448

1,448

Total originated loans
$
779,172

$
43,479

$
36,312

$
187

$
555,489

$
1,414,639

Acquired loans:
 
 
 
 
 
 
Commercial real estate, construction
$
12,114

$
—

$
—

$
—

$
—

$
12,114

Commercial real estate, other
233,630

13,866

17,521

75

—

265,092

    Commercial real estate
245,744

13,866

17,521

75

—

277,206

Commercial and industrial
56,077

3,078

4,238

196

—

63,589

Residential real estate
18,027

1,409

1,786

—

255,550

276,772

Home equity lines of credit
316

—

—

—

31,937

32,253

Consumer, indirect
126

—

—

—

1,650

1,776

Consumer, other
130

—

—

—

6,075

6,205

   Consumer
256

—

—

—

7,725

7,981

Total acquired loans
$
320,420

$
18,353

$
23,545

$
271

$
295,212

$
657,801

Total loans
$
1,099,592

$
61,832

$
59,857

$
458

$
850,701

$
2,072,440
Schedule Of Impaired Loans
The following tables summarize loans classified as impaired at December 31:
 
Unpaid
Principal
Balance
Recorded Investment
Total
Recorded Investment
 
Average
Recorded
Investment
Interest
Income
Recognized
 
With
Without
Related
Allowance
(Dollars in thousands)
Allowance
Allowance
2016
 
 
 
 
 
 
 
Commercial real estate, construction
$
894

$
—

$
866

$
866

$
—

$
913

$
3

Commercial real estate, other
20,029

7,474

12,227

19,701

803

18,710

700

    Commercial real estate
20,923

7,474

13,093

20,567

803

19,623

703

Commercial and industrial
7,289

2,732

1,003

3,735

585

3,386

125

Residential real estate
27,703

138

27,393

27,531

24

27,455

1,419

Home equity lines of credit
908

—

908

908

—

717

44

Consumer, indirect
220

—

224

224

—

136

16

Consumer, other
130

—

130

130

—

138

13

   Consumer
350

—

354

354

—

274

29

Total
$
57,173

$
10,344

$
42,751

$
53,095

$
1,412

$
51,455

$
2,320

2015
 
 
 
 
 
 
 
Commercial real estate, construction
$
957

$
—

$
957

957

$
—

$
227

$
3

Commercial real estate, other
23,430

6,396

12,772

19,168

1,363

13,070

815

    Commercial real estate
24,387

6,396

13,729

20,125

1,363

13,297

818

Commercial and industrial
5,670

1,224

4,130

5,354

351

4,049

246

Residential real estate
31,304

370

28,834

29,204

106

26,785

1,354

Home equity lines of credit
425

—

419

419

—

325

18

Consumer, indirect
118

—

103

103

—

84

—

Consumer, other
265

—

195

195

—

210

28

   Consumer
383

—

298

298

—

294

28

Total
$
62,169

$
7,990

$
47,410

$
55,400

$
1,820

$
44,750

$
2,464
Troubled Debt Restructurings on Financing Receivables
The following table summarizes the loans that were modified as TDRs during the years ended December 31, 2016 and 2015.
 
 
Recorded Investment (1)
(Dollars in thousands)
Number of Contracts
Pre-Modification
Post-Modification
Remaining Recorded Investment
2016
 
 
 
 
Originated loans:
 
 
 
 
Commercial real estate, other
3

$
109

$
109

$
107

Commercial and industrial
7

828

836

750

Residential real estate
8

266

266

266

Home equity lines of credit
5

81

81

81

Consumer, indirect
14

164

164

164

Consumer, other
3

24

24

23

   Consumer
17

188

188

187

Total
40

$
1,472

$
1,480

$
1,391

Acquired loans:
 
 
 
 
Commercial real estate, construction
2

$
237

$
237

$
237

Residential real estate
14

1,080

1,082

1,076

Home equity lines of credit
4

260

260

250

Consumer, indirect
2

7

7

7

Consumer, other
3

15

15

15

   Consumer
5

22

22

22

Total
25

$
1,599

$
1,601

$
1,585

2015
 
 
 
 
Originated loans:
 
 
 
 
Commercial real estate, other
5

$
900

$
900

$
881

Commercial and industrial
4

834

834

834

Residential real estate
4

207

207

115

Home equity lines of credit
11

402

402

389

Consumer, indirect
5

51

51

50

Consumer, other
7

44

44

44

   Consumer
12

95

95

94

Total
36

$
2,438

$
2,438

$
2,313

Acquired loans:
 
 
 
 
Residential real estate
4

$
246

$
246

$
246

Home equity lines of credit
1

8

8

7

Total
5

$
254

$
254

$
253

(1) The amounts shown are inclusive of all partial paydowns and charge-offs. Loans modified in a TDR that were fully paid down, charged-off or foreclosed upon by period end are not reported.
Summary Of Activity In Allowance For Loan And Lease Losses
Changes in the allowance for loan losses in the periods ended December 31, were as follows:
(Dollars in thousands)
Commercial Real Estate
Commercial and Industrial
Residential Real Estate
Home Equity Lines of Credit
Consumer
Deposit Account Overdrafts
Total
Balance, January 1, 2016
$
7,076

$
5,382

$
1,257

$
732

$
1,971

$
121

$
16,539

Charge-offs
(24
)
(1,017
)
(588
)
(73
)
(2,655
)
(774
)
(5,131
)
Recoveries
1,209

306

278

56

1,285

175

3,309

Net recoveries (charge-offs)
1,185

(711
)
(310
)
(17
)
(1,370
)
(599
)
(1,822
)
(Recovery of) provision for loan losses
(1,089
)
1,682

35

(27
)
2,229

649

3,479

Balance, December 31, 2016
$
7,172

$
6,353

$
982

$
688

$
2,830

$
171

$
18,196

 
 
 
 
 
 
 
 
Period-end amount allocated to:
 
 
 
 
 
 
Loans individually evaluated for impairment
$
803

$
585

$
24

$
—

$
—

$
—

$
1,412

Loans collectively evaluated for impairment
6,369

5,768

958

688

2,830

171

16,784

Balance, December 31, 2016
$
7,172

$
6,353

$
982

$
688

$
2,830

$
171

$
18,196

 
 
 
 
 
 
 
 
Balance, January 1, 2015
$
9,825

$
4,036

$
1,627

$
694

$
1,587

$
112

$
17,881

Charge-offs
(242
)
(13,576
)
(628
)
(125
)
(1,353
)
(774
)
(16,698
)
Recoveries
104

98

315

119

755

171

1,562

Net charge-offs
(138
)
(13,478
)
(313
)
(6
)
(598
)
(603
)
(15,136
)
(Recovery of) provision for loan losses
(2,611
)
14,824

(57
)
44

982

612

13,794

Balance, December 31, 2015
$
7,076

$
5,382

$
1,257

$
732

$
1,971

$
121

$
16,539

 
 
 
 
 
 
 
 
Period-end amount allocated to:
 
 
 
 
 
 
Loans individually evaluated for impairment
$
1,363

$
351

$
106

$
—

$
—

$
—

$
1,820

Loans collectively evaluated for impairment
5,713

5,031

1,151

732

1,971

121

14,719

Balance, December 31, 2015
$
7,076

$
5,382

$
1,257

$
732

$
1,971

$
121

$
16,539
Allowance for Loan Losses Acquired Loans [Table Text Block]
The following table presents activity in the allowance for loan losses for acquired loans as of December 31:
(Dollars in thousands)
2016
2015
Purchase credit impaired loans:
 
 
Balance, January 1
$
240

$
—

Charge-offs
(67
)
(63
)
Recoveries
—

—

Net (charge-offs) recoveries
(67
)
(63
)
Provision for loan losses
60

303

Balance, December 31
$
233

$
240