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Long-Term Borrowings (Tables)
6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes Peoples' long-term borrowings:
 
June 30, 2018
 
December 31, 2017
(Dollars in thousands)
Balance
Weighted-
Average
Rate
 
Balance
Weighted-
Average
Rate
FHLB putable, non-amortizing, fixed-rate advances
$
85,000

2.05
%
 
$
115,000

1.86
%
FHLB amortizing, fixed-rate advances
20,890

2.03
%
 
21,939

2.02
%
Junior subordinated debt securities
7,195

7.38
%
 
7,107

6.51
%
Unamortized debt issuance costs

%
 
(27
)
%
Total long-term borrowings
$
113,085

2.38
%
 
$
144,019

2.11
%
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
Six months ending December 31, 2018
$
3,440

1.58
%
Year ending December 31, 2019
3,512

1.56
%
Year ending December 31, 2020
25,564

1.83
%
Year ending December 31, 2021
21,979

1.74
%
Year ending December 31, 2022
16,521

1.95
%
Thereafter
42,069

3.36
%
Total long-term borrowings
$
113,085

2.38
%