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Long-Term Borrowings (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes Peoples' long-term borrowings:
 
March 31, 2019
 
December 31, 2018
(Dollars in thousands)
Balance
Weighted-
Average
Rate
 
Balance
Weighted-
Average
Rate
FHLB putable, non-amortizing, fixed-rate advances
$
85,000

2.05
%
 
$
85,000

2.05
%
FHLB amortizing, fixed-rate advances
13,670

1.73
%
 
17,361

2.09
%
Junior subordinated debt securities
7,325

7.55
%
 
7,283

7.83
%
Total long-term borrowings
$
105,995

2.38
%
 
$
109,644

2.44
%
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
Nine months ending December 31, 2019
$
2,871

1.41
%
Year ending December 31, 2020
22,555

1.59
%
Year ending December 31, 2021
21,979

1.74
%
Year ending December 31, 2022
16,521

1.95
%
Year ending December 31, 2023
1,157

1.04
%
Thereafter
40,912

3.45
%
Total long-term borrowings
$
105,995

2.38
%