Deposits (Tables)

3 Months Ended

Mar. 31, 2024

Banking and Thrift, Other Disclosure [Abstract]

Summary of Deposit Balances

Peoples’ deposit balances were comprised of the following:

(Dollars in thousands)	March 31, 2024		December 31, 2023
Retail certificates of deposits ("CDs"):
$100 or more	$	956,845	$	815,300
Less than $100	723,569		628,117
Total Retail CDs	1,680,414		1,443,417
Interest-bearing deposit accounts	1,107,711		1,144,357
Savings accounts	901,493		919,244
Money market deposit accounts	859,961		775,488
Governmental deposit accounts	825,170		726,713
Brokered CDs	483,444		575,429
Total interest-bearing deposits	5,858,193		5,584,648
Non-interest-bearing deposits	$	1,468,363	1,567,649
Total deposits	$	7,326,556	$	7,152,297

Summary of Time Deposit Maturities

Uninsured time deposits are broken out below by time remaining until maturity.

(Dollars in thousands)	March 31, 2024		December 31, 2023
3 months or less	$	99,470	$	58,708
Over 3 to 6 months	127,433		99,928
Over 6 to 12 months	148,528		131,263
Over 12 months	21,465		37,180
Total	$	396,896	$	327,079

The contractual maturities of CDs for each of the next five years, including the remainder of 2024, and thereafter are as follows:

(Dollars in thousands)	Retail		Brokered		Total
Remaining nine months ending December 31, 2024	$	1,407,331	$	483,444	$	1,890,775
Year ending December 31, 2025	221,303		—		221,303
Year ending December 31, 2026	17,753		—		17,753
Year ending December 31, 2027	24,770		—		24,770
Year ending December 31, 2028	7,544		—		7,544
Thereafter	1,713		—		1,713
Total CDs	$	1,680,414	$	483,444	$	2,163,858