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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2017
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, 2017:
 
 
Common Shares
Treasury
Stock
Shares at December 31, 2016
18,939,091

795,758

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

8,719

Cancellation of restricted common shares
(3,344
)
4,510

Exercise of stock options for common shares

(266
)
Grant of restricted common shares

(68,707
)
Grant of common shares

(300
)
Changes related to deferred compensation plan for Boards of Directors:
 
 
Purchase of treasury stock

4,266

Reissuance of treasury stock

(24,634
)
Common shares issued under dividend reinvestment plan
12,611


Common shares issued under compensation plan for Boards of Directors

(7,404
)
Common shares issued under employee stock purchase plan

(8,412
)
Shares at September 30, 2017
18,948,358

703,530

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, 2017:
(Dollars in thousands)
Unrealized Gain on Securities
Unrecognized Net Pension and Postretirement Costs
Unrealized Gain (Loss) on Cash Flow Hedge
Accumulated Other Comprehensive Income (Loss)
Balance, December 31, 2016
$
581

$
(3,321
)
$
1,186

$
(1,554
)
Reclassification adjustments to net income:
 
 
 


  Realized gain on sale of securities, net of tax
(1,442
)


(1,442
)
Other comprehensive income (loss), net of reclassifications and tax
3,542

46

(541
)
3,047

Balance, September 30, 2017
$
2,681

$
(3,275
)
$
645

$
51