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Deposits
 3 Months Ended
Mar. 31, 2025
Banking and Thrift, Other Disclosure [Abstract]  
Deposits Deposits
Peoples’ deposit balances were comprised of the following:
(Dollars in thousands)March 31, 2025December 31, 2024
Retail certificates of deposits ("CDs"):  
$100 or more$1,122,896 $1,092,261 
Less than $100843,082 829,154 
Total Retail CDs1,965,978 1,921,415 
Interest-bearing deposit accounts1,086,112 1,085,152 
Savings accounts895,677 866,959 
Money market deposit accounts967,331 878,254 
Governmental deposit accounts834,409 775,782 
Brokered CDs458,957 554,982 
Total interest-bearing deposits6,208,464 6,082,544 
Non-interest-bearing deposits1,526,285 1,507,661 
Total deposits$7,734,749 $7,590,205 
Uninsured deposits were $2.1 billion at March 31, 2025 and $2.0 billion at December 31, 2024. 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 $725.5 million and $656.9 million of the uninsured deposit balances at March 31, 2025 and at December 31, 2024, respectively.
Uninsured time deposits are broken out below by time remaining until maturity.
(Dollars in thousands)March 31, 2025December 31, 2024
3 months or less$144,606 $180,405 
Over 3 to 6 months118,957 127,329 
Over 6 to 12 months117,076 91,197 
Over 12 months45,048 18,044 
Total$425,687 $416,975 
    
The contractual maturities of CDs for each of the next five years, including the remainder of 2025, and thereafter are as follows:
(Dollars in thousands)RetailBrokeredTotal
Remaining nine months ending December 31, 2025$1,492,301 $292,800 $1,785,101 
Year ending December 31, 2026436,648 16,379 453,027 
Year ending December 31, 202723,223 82,419 105,642 
Year ending December 31, 20286,973 21,526 28,499 
Year ending December 31, 20295,660 45,833 51,493 
Thereafter1,173 — 1,173 
Total CDs$1,965,978 $458,957 $2,424,935 
At March 31, 2025, Peoples had seven effective interest rate swaps, with an aggregate notional value of $65.0 million, all of which hedge interest payments on brokered CDs. The brokered CDs 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."