Revenue (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Revenue

The following table details Peoples' revenue from contracts with customers for the year ended December 31:

(Dollars in thousands)	2022		2021
Insurance income:
Commission and fees from sale of insurance policies (a)	$	13,960	$	12,819
Fees related to third-party administration services (a)	343		389
Performance-based commissions (b)	1,424		2,044
Trust and investment income:
Fiduciary income (a)	10,048		10,490
Brokerage income (a)	6,343		5,966
Electronic banking income:
Interchange income (a)	16,674		14,254
Promotional and usage income (a)	4,420		3,756
Deposit account service charges:
Ongoing maintenance fees for deposit accounts (a)	5,323		3,807
Transactional-based fees (b)	9,260		6,336
Commercial loan swap fees (b)	662		543
Other non-interest income transactional-based fees (b)	1,499		968
Total	$	69,956	$	61,372
Timing of revenue recognition:
Services transferred over time	$	57,111	$	51,481
Services transferred at a point in time	12,845		9,891
Total	$	69,956	$	61,372

(a) Services transferred over time.

(b) Services transferred at a point in time.

Schedule of Contract Assets and Contract Liabilities

The following table details the changes in Peoples' contract assets and contract liabilities for the year ended December 31, 2022:

(Dollars in thousands)	Contract Assets		Contract Liabilities
Balance, January 1, 2022	$	743	$	4,811
Additional income receivable	551		—
Additional deferred income	—		939
Recognition of income previously deferred	—		(116)
Balance, December 31, 2022	$	1,294	$	5,634