XML 36 R50.htm IDEA: XBRL DOCUMENT
v2.4.0.6

3. Loans, Allowance for Loan Losses (Details) (USD $) In Thousands, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010
Allowance for loan losses |  |  |
Beginning balance | $ 16,604 | $ 15,493 | $ 15,413
Charge-offs | (8,331) | (12,260) | (16,911)
Recoveries | 1,226 | 739 | 553
Provision | 4,924 | 12,632 | 16,438
Ending balance | 14,423 | 16,604 | 15,493
Ending balance: individually evaluated for impairments | 1,362 | 2,539 |
Ending balance: collectively evaluated for impairments | 13,061 | 14,065 |
Ending balance | 14,423 | 16,604 | 15,493
Loans |  |  |
Ending balance | 619,974 | 670,497 |
Ending balance: individually evaluated for impairment | 40,785 | 44,786 |
Ending balance: collectively evaluated for impairment | 579,189 | 625,711 |
Construction and land development |  |  |
Allowance for loan losses |  |  |
Beginning balance | 7,182 | 5,774 |
Charge-offs | (4,728) | (7,164) |
Recoveries | 528 | 241 |
Provision | 1,417 | 8,331 |
Ending balance | 4,399 | 7,182 |
Ending balance: individually evaluated for impairments | 24 | 1,250 |
Ending balance: collectively evaluated for impairments | 4,375 | 5,932 |
Ending balance | 4,399 | 7,182 |
Loans |  |  |
Ending balance | 73,176 | 93,812 |
Ending balance: individually evaluated for impairment | 11,961 | 20,280 |
Ending balance: collectively evaluated for impairment | 61,215 | 73,532 |
Single-family residential |  |  |
Allowance for loan losses |  |  |
Beginning balance | 3,253 | 3,992 |
Charge-offs | (886) | (2,233) |
Recoveries | 72 | 184 |
Provision | 792 | 1,310 |
Ending balance | 3,231 | 3,253 |
Ending balance: individually evaluated for impairments | 84 | 46 |
Ending balance: collectively evaluated for impairments | 3,147 | 3,207 |
Ending balance | 3,231 | 3,253 |
Loans |  |  |
Ending balance | 195,003 | 212,993 |
Ending balance: individually evaluated for impairment | 3,885 | 2,352 |
Ending balance: collectively evaluated for impairment | 191,118 | 210,641 |
Single-family residential - Banco de la Gente stated income |  |  |
Allowance for loan losses |  |  |
Beginning balance | 2,104 | 2,105 |
Charge-offs | (668) | (692) |
Recoveries | 0 | 17 |
Provision | 562 | 674 |
Ending balance | 1,998 | 2,104 |
Ending balance: individually evaluated for impairments | 1,254 | 1,243 |
Ending balance: collectively evaluated for impairments | 744 | 861 |
Ending balance | 1,998 | 2,104 |
Loans |  |  |
Ending balance | 52,019 | 54,058 |
Ending balance: individually evaluated for impairment | 20,024 | 18,309 |
Ending balance: collectively evaluated for impairment | 31,995 | 35,749 |
Commercial Real Estate |  |  |
Allowance for loan losses |  |  |
Beginning balance | 1,731 | 1,409 |
Charge-offs | (937) | (1,271) |
Recoveries | 374 | 24 |
Provision | 881 | 1,569 |
Ending balance | 2,049 | 1,731 |
Ending balance: individually evaluated for impairments | 0 | 0 |
Ending balance: collectively evaluated for impairments | 2,049 | 1,731 |
Ending balance | 2,049 | 1,731 |
Loans |  |  |
Ending balance | 200,633 | 214,415 |
Ending balance: individually evaluated for impairment | 4,569 | 3,845 |
Ending balance: collectively evaluated for impairment | 196,064 | 210,570 |
Multifamily and Farmland |  |  |
Allowance for loan losses |  |  |
Beginning balance | 13 | 17 |
Charge-offs | 0 | 0 |
Recoveries | 0 | 0 |
Provision | 15 | (4) |
Ending balance | 28 | 13 |
Ending balance: individually evaluated for impairments | 0 | 0 |
Ending balance: collectively evaluated for impairments | 28 | 13 |
Ending balance | 28 | 13 |
Loans |  |  |
Ending balance | 8,951 | 4,793 |
Ending balance: individually evaluated for impairment | 0 | 0 |
Ending balance: collectively evaluated for impairment | 8,951 | 4,793 |
Commercial loans (not secured by real estate) |  |  |
Allowance for loan losses |  |  |
Beginning balance | 1,029 | 1,174 |
Charge-offs | (555) | (314) |
Recoveries | 104 | 121 |
Provision | 510 | 48 |
Ending balance | 1,088 | 1,029 |
Ending balance: individually evaluated for impairments | 0 | 0 |
Ending balance: collectively evaluated for impairments | 1,088 | 1,029 |
Ending balance | 1,088 | 1,029 |
Loans |  |  |
Ending balance | 64,295 | 60,646 |
Ending balance: individually evaluated for impairment | 346 | 0 |
Ending balance: collectively evaluated for impairment | 63,949 | 60,646 |
Farm loans (not secured by real estate) |  |  |
Allowance for loan losses |  |  |
Charge-offs | 0 |  |
Recoveries | 0 |  |
Provision | 0 |  |
Ending balance: individually evaluated for impairments | 0 |  |
Ending balance: collectively evaluated for impairments | 0 |  |
Ending balance | 0 | 0 |
Loans |  |  |
Ending balance | 11 |  |
Ending balance: individually evaluated for impairment | 0 |  |
Ending balance: collectively evaluated for impairment | 11 |  |
Consumer And All Other Loans |  |  |
Allowance for loan losses |  |  |
Beginning balance | 255 | 430 |
Charge-offs | (557) | (586) |
Recoveries | 148 | 152 |
Provision | 399 | 259 |
Ending balance | 245 | 255 |
Ending balance: individually evaluated for impairments | 0 | 0 |
Ending balance: collectively evaluated for impairments | 245 | 255 |
Ending balance | 245 | 255 |
Loans |  |  |
Ending balance | 25,886 | 29,780 |
Ending balance: individually evaluated for impairment | 0 | 0 |
Ending balance: collectively evaluated for impairment | 25,886 | 29,780 |
Unallocated |  |  |
Allowance for loan losses |  |  |
Beginning balance | 1,037 | 592 |
Charge-offs | 0 | 0 |
Recoveries | 0 | 0 |
Provision | 348 | 445 |
Ending balance | 1,385 | 1,037 |
Ending balance: individually evaluated for impairments | 0 | 0 |
Ending balance: collectively evaluated for impairments | 1,385 | 1,037 |
Ending balance | 1,385 | 1,037 |
Loans |  |  |
Ending balance | 0 | 0 |
Ending balance: individually evaluated for impairment | 0 | 0 |
Ending balance: collectively evaluated for impairment | $ 0 | $ 0 |

X
- Details
Name: | PEBK_LoansReceivableAbstract
Namespace Prefix: | PEBK_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The valuation allowance for financing receivables that are expected to be uncollectible that were collectively evaluated for impairment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of valuation allowance for financing receivables that are expected to be uncollectible that were individually evaluated for impairment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of recovery of financing receivables doubtful of collection that were previously charged off. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of direct write-downs of financing receivables charged against the allowance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The balance of financing receivables that were collectively evaluated for impairment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The balance of financing receivables that were individually evaluated for impairment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 5 -Paragraph 8, 9 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b)(1)(ii) -URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.7(d)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher OTS -Name Federal Regulation (FR) -Number Title 12 -Section 563c.102 -Paragraph 8 -Subparagraph a(ii) -Chapter V -Subsection I -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Subparagraph d -Article 9 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 114 -Paragraph 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section L -Subsection 1 + Details
Name: | us-gaap_LoansAndLeasesReceivableAllowance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount before allowance and after deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher OTS -Name Federal Regulation (FR) -Number Title 12 -Section 563c.102 -Paragraph 8 -Subparagraph e -Chapter V -Subsection I -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Audit and Accounting Guide (AAG) -Number AAG-DEP -Paragraph 116 -IssueDate 2006-05-01 -Chapter 8 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5074-111524 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6375948&loc=d3e4428-111522 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-6 -Paragraph 13 -Subparagraph e -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The allowance for other loan and lease losses represents the reserve to cover probable credit losses related to specifically identified other loans and leases, as well as probable credit losses inherent in the remainder of the other loan portfolio as of the balance sheet date. For banks, include currently required allocated transfer risk reserves. Include carryover of or adjustments to the allowance for other loan losses in connection with business combinations determined to be appropriate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher OTS -Name Federal Regulation (FR) -Number Title 12 -Section 563c.102 -Paragraph 8 -Subparagraph a(ii) -Chapter V -Subsection I -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 40 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6951948&loc=d3e18832-111554 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 5 -Paragraph 9 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 40 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6951948&loc=d3e18805-111554 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.7(d)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74567-122707 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5212-111524 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section L -Subsection 1 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 114 -Paragraph 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Subparagraph d -Article 9 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 5 -Paragraph 8 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_LoansAndLeasesReceivableOtherAllowance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The sum of the periodic provision charged to earnings, based on an assessment of uncollectibility from the counterparty on account of loan, lease or other credit losses, to reduce these accounts to the amount that approximates their net realizable value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 11 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=7512638&loc=SL6953423-111524 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Audit and Accounting Guide (AAG) -Number AAG-DEP -Paragraph 168, 169, 170 -IssueDate 2006-05-01 -Chapter 5 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.11) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
Name: | us-gaap_ProvisionForLoanLeaseAndOtherLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration