XML 71 R62.htm IDEA: XBRL DOCUMENT v3.23.2

ALLOWANCE FOR CREDIT LOSSES (Schedule of Activity in Allowance for Loan Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	$ 62,250	$ 58,386	$ 60,829
Charge-Offs	(1,214)	(10)	(1,260)	$ (280)
Recoveries	2		5	6
Provision (Credit)	1,666	646	3,130	3,135
Ending ACL	62,704	59,022	62,704	59,022
Pre-ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				61,697
Impact of ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				(5,536)
Construction [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL			236
Ending ACL	421		421
Residential Portfolio Segment [Member] | Junior Lien [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	146	161	154
Charge-Offs		(3)		(3)
Provision (Credit)	5	(7)	(3)	17
Ending ACL	151	151	151	151
Residential Portfolio Segment [Member] | Junior Lien [Member] | Pre-ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				88
Residential Portfolio Segment [Member] | Junior Lien [Member] | Impact of ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				83
Residential Portfolio Segment [Member] | Primary Residential Mortgages [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	2,959	2,291	2,894
Provision (Credit)	189	(137)	254	(73)
Ending ACL	3,148	2,154	3,148	2,154
Residential Portfolio Segment [Member] | Primary Residential Mortgages [Member] | Pre-ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				1,510
Residential Portfolio Segment [Member] | Primary Residential Mortgages [Member] | Impact of ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				717
Residential Portfolio Segment [Member] | Multifamily Property [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	9,823	15,017	8,849
Provision (Credit)	714	773	1,688	1,912
Ending ACL	10,537	15,790	10,537	15,790
Residential Portfolio Segment [Member] | Multifamily Property [Member] | Pre-ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				9,806
Residential Portfolio Segment [Member] | Multifamily Property [Member] | Impact of ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				4,072
Commercial Real Estate Portfolio Segment [Member] | Commercial and Industrial [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	26,869	21,192	25,530
Recoveries				4
Provision (Credit)	564	(194)	1,903	4,142
Ending ACL	27,433	20,998	27,433	20,998
Commercial Real Estate Portfolio Segment [Member] | Pre-ASC-326 Adoption [Member] | Commercial and Industrial [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				17,509
Commercial Real Estate Portfolio Segment [Member] | Impact of ASC-326 Adoption [Member] | Commercial and Industrial [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				(657)
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Property [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	4,952	4,774	4,835
Provision (Credit)	(244)	(114)	(127)	(240)
Ending ACL	4,708	4,660	4,708	4,660
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Property [Member] | Pre-ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				1,998
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Property [Member] | Impact of ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				2,902
Commercial Real Estate Portfolio Segment [Member] | Investment Property [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	14,538	10,504	15,480
Charge-Offs	(1,199)		(1,199)	(250)
Provision (Credit)	209	465	(733)	(2,275)
Ending ACL	13,548	10,969	13,548	10,969
Commercial Real Estate Portfolio Segment [Member] | Investment Property [Member] | Pre-ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				27,083
Commercial Real Estate Portfolio Segment [Member] | Investment Property [Member] | Impact of ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				(13,589)
Commercial Real Estate Portfolio Segment [Member] | Lease Financing [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	1,989	3,354	2,314
Provision (Credit)	74	(2)	(251)	(244)
Ending ACL	2,063	3,352	2,063	3,352
Commercial Real Estate Portfolio Segment [Member] | Lease Financing [Member] | Pre-ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				3,440
Commercial Real Estate Portfolio Segment [Member] | Lease Financing [Member] | Impact of ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				156
Commercial Real Estate Portfolio Segment [Member] | Construction [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	313	468	236
Provision (Credit)	108	(109)	185	(50)
Ending ACL	421	359	421	359
Commercial Real Estate Portfolio Segment [Member] | Construction [Member] | Pre-ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				48
Commercial Real Estate Portfolio Segment [Member] | Construction [Member] | Impact of ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				361
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL			25,530
Ending ACL	27,433		27,433
Consumer and Other [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL	661	625	537
Charge-Offs	(15)	(7)	(61)	(27)
Recoveries	2		5	2
Provision (Credit)	47	(29)	214	(20)
Ending ACL	$ 695	$ 589	$ 695	589
Consumer and Other [Member] | Pre-ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Beginning ACL				215
Consumer and Other [Member] | Impact of ASC-326 Adoption [Member]
Loans And Leases Receivable Disclosure [Line Items]
Impact of adopting Topic 326				$ 419

X

- Definition

Allowance for loan and lease losses impact of adoption.

+ References

No definition available.

+ Details

Name:	pgc_AllowanceForLoanAndLeaseLossesImpactOfAdoption
Namespace Prefix:	pgc_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Provision (credit) for loan and lease losses.

+ References

No definition available.

+ Details

Name:	pgc_ProvisionCreditForLoanAndLeaseLosses
Namespace Prefix:	pgc_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (c)(4)
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Amount of loans and leases that have been written off from both loan receivables and allowance reserve for credit loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (c)(3)
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 6.L.1)
-URI https://asc.fasb.org/extlink&oid=122038336&loc=d3e74567-122707

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)(1)(ii)
-URI https://asc.fasb.org/extlink&oid=121614798&loc=d3e15032-111544

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_LoansAndLeasesReceivableAllowance
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_LoansAndLeasesReceivableDisclosureLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	srt_RestatementAxis=srt_ScenarioPreviouslyReportedMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RestatementAxis=srt_RevisionOfPriorPeriodChangeInAccountingPrincipleAdjustmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_ConstructionLoansMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ResidentialPortfolioSegmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_LienCategoryAxis=us-gaap_JuniorLienMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=pgc_PrimaryResidentialMortgagesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=pgc_MultifamilyPropertyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialRealEstatePortfolioSegmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_CommercialAndIndustrialSectorMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=pgc_OwnerOccupiedPropertyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=pgc_InvestmentPropertyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_LeaseAgreementsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialPortfolioSegmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ConsumerPortfolioSegmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: