Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2020

Short-term Debt [Abstract]

Schedule of Short-term Borrowings

Peoples utilizes various short-term borrowings as sources of funds, which are summarized as follows at December 31:

(Dollars in thousands)	Retail Repurchase Agreements			FHLB Advances			National Market Repurchase Agreements			Other (a)
2020
Ending balance	$	53,261		$	20,000		$	—		$	—
Average balance	44,902			129,928			—			1,803
Highest month-end balance	53,261			235,989			—			64,000
Interest expense	$	77		$	2,489		$	—		$	5
Weighted-average interest rate:
End of year	0.06		%	1.78		%	—		%	—		%
During the year	0.17		%	1.92		%	—		%	0.25		%
2019
Ending balance	$	42,968		$	274,009		$	—		$	—
Average balance	46,686			197,987			—			126
Highest month-end balance	49,081			274,009			—			2,200
Interest expense	$	266		$	4,455		$	—		$	—
Weighted-average interest rate:
End of year	0.37		%	1.74		%	—		%	—		%
During the year	0.57		%	2.25		%	—		%	NM
2018
Ending balance	$	51,202		$	305,000		$	—		$	(4)
Average balance	64,519			219,897			14,329			301
Highest month-end balance	72,822			307,561			30,000			1,553
Interest expense	$	194		$	4,494		$	527		$	23
Weighted-average interest rate:
End of year	0.48		%	2.32		%	—		%	—		%
During the year	0.30		%	2.04		%	3.68		%	NM