Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Dividends Declared [Table Text Block]

The following table details the cash dividends declared per common share during the nine months ended September 30:

	2018		2017
First Quarter	$	0.26	$	0.20
Second Quarter	0.28		0.20
Third Quarter	0.28		0.22
Total dividends declared	$	0.82	$	0.62

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, 2018:

	Common Shares	Treasury Stock
Shares at December 31, 2017	18,952,385	702,449
Changes related to stock-based compensation awards:
Release of restricted common shares	—	30,808
Cancellation of restricted common shares	—	1,961
Exercise of stock appreciation rights	—	(102	)
Grant of restricted common shares	—	(103,605	)
Grant of common shares	—	(16,544	)
Changes related to deferred compensation plan for Boards of Directors:
Purchase of treasury stock	—	4,646
Disbursed out of treasury stock	—	(2,089	)
Common shares issued under dividend reinvestment plan	14,098	—
Common shares issued under compensation plan for Boards of Directors	—	(3,088	)
Common shares issued under employee stock purchase plan	—	(5,186	)
Issuance of common shares related to the acquisition of ASB Financial Corp.	1,152,711	—
Shares at September 30, 2018	20,119,194	609,250

Schedule of Accumulated Other Comprehensive (Loss) Income

The following table details the change in the components of Peoples’ accumulated other comprehensive loss for the nine months ended September 30, 2018:

(Dollars in thousands)	Unrealized Loss on Securities			Unrecognized Net Pension and Postretirement Costs			Unrealized Gain on Cash Flow Hedge		Accumulated Other Comprehensive Loss
Balance, December 31, 2017	$	(2,088	)	$	(4,256	)	$	1,129	$	(5,215	)
Reclassification adjustments to net income:
Realized gain on sale of securities, net of tax	115			—			—		115
Realized loss due to settlement and curtailment, net of tax	—			139			—		139
Amounts reclassified out of accumulated other comprehensive loss per ASU 2016-01	(5,020		)	—			—		(5,020		)
Other comprehensive (loss) income, net of reclassifications and tax	(13,629		)	993			2,027		(10,609		)
Balance, September 30, 2018	$	(20,622	)	$	(3,124	)	$	3,156	$	(20,590	)