XML 65 R53.htm IDEA: XBRL DOCUMENT v3.3.1.900
Merger accounting - Calculation of Consideration Effectively Transferred (Details)
$ / shares in Units, $ in Thousands
 12 Months Ended
Nov. 30, 2013
USD ($)
$ / shares
shares
Dec. 31, 2015
shares
Dec. 31, 2014
shares
Business Acquisition [Line Items]      
Shares outstanding   7,410,606 7,548,358
Exchange ratio   1.3636  
Theoretical Penseco share to be issued as consideration      
Shares outstanding   7,410,606 7,548,358
Total purchase price for accounting purposes | $ $ 106,536    
Penseco Financial Services Corp [Member]      
Business Acquisition [Line Items]      
Exchange ratio 1.3636    
Reverse Merger [Member]      
Business Acquisition [Line Items]      
Shares outstanding 3,275,217    
Exchange ratio 1.3636    
Share to be issued to acquiree share holders 4,465,538    
Common shares to be outstanding 7,552,944    
Theoretical Penseco share to be issued as consideration      
Shares outstanding 3,275,217    
Ownership % to be owned by current acquiree's shareholders 59.12%    
Theoretical shares after consideration paid 5,539,653    
Ownership by legacy acquirer's shareholders 40.88%    
Theoretical Penseco shares issued as consideration 2,264,436    
Fair value of acquiree's shares | $ / shares $ 47.04    
Fair value of theoretical shares | $ $ 106,519    
Cash paid for fractional shares | $ 17    
Total purchase price for accounting purposes | $ $ 106,536    
Reverse Merger [Member] | Peoples Financial Services Corp [Member]      
Business Acquisition [Line Items]      
Shares outstanding 3,087,406    
Ownership percentage 40.88%    
Theoretical Penseco share to be issued as consideration      
Shares outstanding 3,087,406    
Reverse Merger [Member] | Penseco Financial Services Corp [Member]      
Business Acquisition [Line Items]      
Shares outstanding 3,275,217    
Ownership percentage 59.12%    
Theoretical Penseco share to be issued as consideration      
Shares outstanding 3,275,217