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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Share-based Compensation [Abstract]  
Schedule of Stock Options Outstanding & Exercisable by Exercise Price Range
 
 
Number of Common Shares Subject to SARs
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining Contractual
Life
 
Aggregate Intrinsic
 Value
Outstanding at January 1
 
2,338

 
$
27.37

 
 
 
 
Exercised
 
2,024

 
27.93

 
 
 
 
Forfeited
 

 

 
 
 
 
Outstanding at December 31
 
314

 
$
23.77

 
0.1 years
 
$
2.779

Exercisable at December 31
 
314

 
$
23.77

 
0.1 years
 
$
2.779


Schedule of Stock Appreciation Rights Outstanding & Exercisable by Exercise Price
The following summarizes the changes to Peoples' outstanding SARs for the year ended December 31, 2017:
 
 
Number of Common Shares Subject to SARs
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining Contractual
Life
 
Aggregate Intrinsic
 Value
Outstanding at January 1
 
2,338

 
$
27.37

 
 
 
 
Exercised
 
2,024

 
27.93

 
 
 
 
Forfeited
 

 

 
 
 
 
Outstanding at December 31
 
314

 
$
23.77

 
0.1 years
 
$
2.779

Exercisable at December 31
 
314

 
$
23.77

 
0.1 years
 
$
2.779

Schedule of Restricted Shares Activity
The following summarizes the changes to Peoples’ outstanding restricted common shares for the year ended December 31, 2017:
 
Time Vesting
 
Performance Vesting
 
Number of Common Shares
Weighted-Average Grant Date Fair Value
 
Number of Common Shares
Weighted-Average Grant Date Fair Value
Outstanding at January 1
40,316

$
21.85

 
142,415

$
21.95

Awarded
7,550

31.36

 
61,457

32.42

Released
12,484

24.42

 
21,050

21.75

Forfeited
2,300

24.69

 
6,604

25.25

Outstanding at December 31
33,082

$
22.85

 
176,218

$
25.50

 
Summary of Stock-Based Compensation and Related Tax Benefit
The following summarizes the amount of stock-based compensation expense and related tax benefit recognized at December 31:
(Dollars in thousands)
2017
2016
2015
Total stock-based compensation
$
1,747

$
1,332

$
1,843

Recognized tax benefit
(367
)
(466
)
(645
)
Net expense recognized
$
1,380

$
866

$
1,198