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Deposits (Tables)

12 Months Ended

Dec. 31, 2023

Banking and Thrift, Other Disclosure [Abstract]

Schedule of Deposit Balances

Peoples’ deposit balances were comprised of the following at December 31:

(Dollars in thousands)			2023			2022
Retail CDs:
$100 or more			$	815,300		$	263,341
Less than $100			628,117			266,895
Total retail CDs			1,443,417			530,236
Interest-bearing deposit accounts			1,144,357			1,160,182
Savings accounts			919,244			1,068,547
Money market deposit accounts			775,488			617,029
Governmental deposit accounts			726,713			625,965
Brokered deposit accounts			575,429			125,580
Total interest-bearing deposits			5,584,648			4,127,539
Non-interest-bearing deposits			1,567,649			1,589,402
Total deposits			$	7,152,297		$	5,716,941

Schedule of Time Deposit Maturities

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

(Dollars in thousands)			2023			2022
3 months or less			$	58,708		$	19,282
Over 3 to 6 months			99,928			14,871
Over 6 to 12 months			131,263			14,383
Over 12 months			37,180			52,216
Total			$	327,079		$	100,752

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

(Dollars in thousands)			Retail			Brokered			Total
2024			$	1,278,306		$	575,429		$	1,853,735
2025			113,820			—			113,820
2026			18,033			—			18,033
2027			25,033			—			25,033
2028			8,176			—			8,176
Thereafter			49			—			49
Total CDs			$	1,443,417		$	575,429		$	2,018,846

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- Definition

Tabular disclosure of time deposit liability maturities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481544/470-10-50-1

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