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Deposits
 9 Months Ended
Sep. 30, 2024
Banking and Thrift, Other Disclosure [Abstract]  
Deposits Deposits
Peoples’ deposit balances were comprised of the following:
(Dollars in thousands)September 30, 2024December 31, 2023
Retail certificates of deposits ("CDs"):  
$100 or more$1,069,312 $815,300 
Less than $100814,827 628,117 
Total Retail CDs1,884,139 1,443,417 
Interest-bearing deposit accounts1,065,912 1,144,357 
Savings accounts864,935 919,244 
Money market deposit accounts894,690 775,488 
Governmental deposit accounts824,136 726,713 
Brokered CDs495,904 575,429 
Total interest-bearing deposits6,029,716 5,584,648 
Non-interest-bearing deposits$1,453,441 1,567,649 
Total deposits$7,483,157 $7,152,297 
Uninsured deposits were $2.0 billion at September 30, 2024 and at December 31, 2023. Uninsured deposit amounts are estimated based on the portion of the respective customer account balances that exceeded the FDIC limit of $250,000. Peoples pledges investment securities against certain governmental deposit accounts, which covered over $714.1 million and $788.7 million of the uninsured deposit balances at September 30, 2024 and December 31,2023, respectively.
Uninsured time deposits are broken out below by time remaining until maturity.
(Dollars in thousands)September 30, 2024December 31, 2023
3 months or less$167,259 $58,708 
Over 3 to 6 months158,541 99,928 
Over 6 to 12 months82,378 131,263 
Over 12 months15,910 37,180 
Total$424,088 $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)RetailBrokeredTotal
Remaining three months ending December 31, 2024$682,696 $484,406 $1,167,102 
Year ending December 31, 20251,144,366 10,298 1,154,664 
Year ending December 31, 202622,456 227 22,683 
Year ending December 31, 202723,719 973 24,692 
Year ending December 31, 20286,862 — 6,862 
Thereafter4,040 — 4,040 
Total CDs$1,884,139 $495,904 $2,380,043 
At September 30, 2024, Peoples had nine effective interest rate swaps, with an aggregate notional value of $85.0 million, all of which were funded by brokered CDs. Brokered CDs used to fund interest rate swaps are expected to be extended every 90 days through the maturity dates of the swaps. Additional information regarding Peoples' interest rate swaps can be found in "Note 10 Derivative Financial Instruments."