Long-Term Borrowings (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The following table summarizes Peoples' long-term borrowings:

	September 30, 2020				December 31, 2019
(Dollars in thousands)	Balance		Weighted- Average Rate		Balance		Weighted- Average Rate
FHLB putable, non-amortizing, fixed-rate advances	$	95,000	1.52	%	$	65,000	2.18	%
FHLB amortizing, fixed-rate advances	$	8,815	1.79	%	$	10,672	1.74	%
Junior subordinated debt securities	$	7,571	4.28	%	$	7,451	6.55	%
Total long-term borrowings	$	111,386	1.73	%	$	83,123	2.51	%

Schedule of Maturities of Long-term Debt

At September 30, 2020, the aggregate minimum annual retirements of long-term borrowings in future periods are as follows:

(Dollars in thousands)	Balance		Weighted-Average Rate (a)
Three months ending December 31, 2020	$	818	1.98	%
Year ending December 31, 2021	1,979		1.53	%
Year ending December 31, 2022	16,521		1.98	%
Year ending December 31, 2023	1,157		1.49	%
Year ending December 31, 2024	869		1.47	%
Thereafter	90,042		1.54	%
Total long-term borrowings	$	111,386	1.61	%