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Revenue (Tables)

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Summary of Revenue

The following table details Peoples' revenue from contracts with customers:

			Three Months Ended
			March 31,
(Dollars in thousands)			2025			2024
Insurance income:
Commission and fees from sale of insurance policies (a)			$	4,512		$	4,285
Performance-based commissions (b)			1,542			2,213
Trust and investment income:
Fiduciary income (a)			2,915			2,757
Brokerage income (a)			2,146			1,842
Electronic banking income:
Interchange income (a)			4,845			4,797
Promotional and usage income (a)			1,040			1,249
Deposit account service charges:
Ongoing maintenance fees for deposit accounts (a)			1,643			1,718
Transaction-based fees (b)			2,372			2,505
Commercial loan swap fees (b)			537			52
Other non-interest income transaction-based fees (b)			470			504
Total revenue from contracts with customers			$	22,022		$	21,922
Timing of revenue recognition:
Services transferred over time			$	17,101		$	16,648
Services transferred at a point in time			4,921			5,274
Total revenue from contracts with customers			$	22,022		$	21,922
(a) Services transferred over time. (b) Services transferred at a point in time.

Summary of Contract Assets and Liabilities

The following table details the changes in Peoples' contract assets and contract liabilities for the three-month period ended March 31, 2025:

			Contract Assets			Contract Liabilities
(Dollars in thousands)
Balance, January 1, 2025			$	899		$	5,771
Additional income receivable			5			—
Additional deferred income			—			—
Receipt of income previously receivable			(15)			—
Recognition of income previously deferred			—			(555)
Balance, March 31, 2025			$	889		$	5,216

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- References

No definition available.

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