XML 37 R119.htm IDEA: XBRL DOCUMENT v3.20.1
Parent Company financial statements - Condensed Statements of Cash Flows (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:                      
Net income $ 5,032 $ 7,148 $ 7,144 $ 6,412 $ 6,392 $ 6,717 $ 5,957 $ 5,854 $ 25,736 $ 24,920 $ 18,457
Adjustments:                      
Decrease in other assets                 (3,363) 816 2,023
Decrease in other liabilities                 2,389 (1,736) (1,817)
Stock based compensation                 554 272 177
Net cash provided by operating activities                 37,079 32,626 28,593
Cash flows from investing activities:                      
Purchase of equity securities                 (2,739) 1,100 (1,511)
Net cash used in investing activities                 (184,721) (134,806) (184,563)
Cash flows from financing activities:                      
Redemption of common stock                 (634)    
Net cash provided by financing activities                 146,179 97,308 153,517
Increase (decrease) in cash                 (1,463) (4,872) (2,453)
Cash and cash equivalents at beginning of period       32,616         32,616    
Cash and cash equivalents at end of period 31,153       32,616       31,153 32,616  
Peoples Bank                      
Cash flows from operating activities:                      
Net income                 25,736 24,920 18,457
Adjustments:                      
Net gains on investment securities                 (132) (14)  
Undistributed net income of subsidiaries (15,609)       (15,331)       (15,609) (15,331) (9,237)
Decrease in other assets                 (310) (111) (3)
Decrease in other liabilities                   (10) (53)
Stock based compensation                 554 272 177
Increase in due from subsidiaries                 1,974    
Net cash provided by operating activities                 12,213 9,726 9,341
Cash flows from investing activities:                      
Purchase of equity securities                   (234) (43)
Cash flows from financing activities:                      
Stock awards                 8 5 5
Purchase of treasury stock                 (634)    
Cash dividends paid                 (10,131) (9,693) (9,319)
Net cash provided by financing activities                 (10,757) (9,688) (9,314)
Increase (decrease) in cash                 1,456 (196) (16)
Cash and cash equivalents at beginning of period       $ 3,736       $ 3,932 3,736 3,932 3,948
Cash and cash equivalents at end of period $ 5,192       $ 3,736       $ 5,192 $ 3,736 $ 3,932