XML 59 R6.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Consolidated Statements of Changes in Shareholders' Equity (USD $) In Thousands, except Share data | Preferred Stock | Common Stock | Retained Earnings | Accumulated Other Comprehensive Income | Total
--- | --- | --- | --- | --- | ---
Beginning Balance, Amount at Dec. 31, 2011 | $ 24,758 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember | $ 48,298 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember | $ 26,895 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember | $ 3,076 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_AccumulatedOtherComprehensiveIncomeMember | $ 103,027 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Beginning Balance, Shares at Dec. 31, 2011 | 25,054 us-gaap_SharesOutstanding / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember | 5,544,160 us-gaap_SharesOutstanding / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  |
Accretion of Series A preferred stock | 70 us-gaap_PreferredStockAccretionOfRedemptionDiscount / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember |  | (70)us-gaap_PreferredStockAccretionOfRedemptionDiscount / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  |
Preferred stock and warrant repurchase, Shares | (12,530)PEBK_PreferredStockAndWarrantRepurchaseShares / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember |  |  |  |
Preferred stock and warrant repurchase, Amount | (12,304)PEBK_PreferredStockAndWarrantRepurchaseAmount / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember | (704)PEBK_PreferredStockAndWarrantRepurchaseAmount / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember | 886 PEBK_PreferredStockAndWarrantRepurchaseAmount / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  | (12,122)PEBK_PreferredStockAndWarrantRepurchaseAmount
Cash dividends declared on Series A preferred stock |  |  | (1,023)us-gaap_DividendsPreferredStockCash / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  | (1,023)us-gaap_DividendsPreferredStockCash
Cash dividends declared on common stock |  |  | (1,003)us-gaap_DividendsCommonStockCash / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  | (1,003)us-gaap_DividendsCommonStockCash
Stock options exercised, Shares |  | 69,335 us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  |
Stock options exercised, Amount |  | 539 us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  | 539 us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
Net earnings |  |  | 5,793 us-gaap_ProfitLoss / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  | 5,793 us-gaap_ProfitLoss
Change in accumulated other comprehensive income, net of tax |  |  |  | 2,536 us-gaap_OtherComprehensiveIncomeLossNetOfTax / us-gaap_StatementEquityComponentsAxis = us-gaap_AccumulatedOtherComprehensiveIncomeMember | 2,536 us-gaap_OtherComprehensiveIncomeLossNetOfTax
Ending Balance, Amount at Dec. 31, 2012 | 12,524 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember | 48,133 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember | 31,478 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember | 5,612 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_AccumulatedOtherComprehensiveIncomeMember | 97,747 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Ending Balance, Shares at Dec. 31, 2012 | 12,524 us-gaap_SharesOutstanding / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember | 5,613,495 us-gaap_SharesOutstanding / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  |
Accretion of Series A preferred stock, shares | (12,524)PEBK_PreferredStockAccretionOfRedemptionDiscountShares / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember |  |  |  |
Accretion of Series A preferred stock | (12,524)us-gaap_PreferredStockAccretionOfRedemptionDiscount / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember |  |  |  | (12,524)us-gaap_PreferredStockAccretionOfRedemptionDiscount
Cash dividends declared on Series A preferred stock |  |  | (734)us-gaap_DividendsPreferredStockCash / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  | (734)us-gaap_DividendsPreferredStockCash
Cash dividends declared on common stock |  |  | (677)us-gaap_DividendsCommonStockCash / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  | (677)us-gaap_DividendsCommonStockCash
Net earnings |  |  | 6,691 us-gaap_ProfitLoss / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  | 6,691 us-gaap_ProfitLoss
Change in accumulated other comprehensive income, net of tax |  |  |  | (6,784)us-gaap_OtherComprehensiveIncomeLossNetOfTax / us-gaap_StatementEquityComponentsAxis = us-gaap_AccumulatedOtherComprehensiveIncomeMember | (6,784)us-gaap_OtherComprehensiveIncomeLossNetOfTax
Ending Balance, Amount at Dec. 31, 2013 |  | 48,133 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember | 36,758 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember | (1,172)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_AccumulatedOtherComprehensiveIncomeMember | 83,719 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Ending Balance, Shares at Dec. 31, 2013 |  | 5,613,495 us-gaap_SharesOutstanding / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  |
Common stock repurchase, shares |  | (4,537)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  |
Common stock repurchase |  | (82)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  | (82)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
Cash dividends declared on common stock |  |  | (1,022)us-gaap_DividendsCommonStockCash / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  | (1,022)us-gaap_DividendsCommonStockCash
Stock options exercised, Shares |  | 3,630 us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  |
Stock options exercised, Amount |  | 37 us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  | 37 us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
Net earnings |  |  | 9,388 us-gaap_ProfitLoss / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember |  | 9,388 us-gaap_ProfitLoss
Change in accumulated other comprehensive income, net of tax |  |  |  | 6,625 us-gaap_OtherComprehensiveIncomeLossNetOfTax / us-gaap_StatementEquityComponentsAxis = us-gaap_AccumulatedOtherComprehensiveIncomeMember | 6,625 us-gaap_OtherComprehensiveIncomeLossNetOfTax
Ending Balance, Amount at Dec. 31, 2014 |  | $ 48,088 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember | $ 45,124 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember | $ 5,453 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest / us-gaap_StatementEquityComponentsAxis = us-gaap_AccumulatedOtherComprehensiveIncomeMember | $ 98,665 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Ending Balance, Shares at Dec. 31, 2014 |  | 5,612,588 us-gaap_SharesOutstanding / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |  |  |

X
- Definition Custom Element. + References No definition available. + Details
Name: | PEBK_PreferredStockAccretionOfRedemptionDiscountShares
Namespace Prefix: | PEBK_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Custom Element. + References No definition available. + Details
Name: | PEBK_PreferredStockAndWarrantRepurchaseAmount
Namespace Prefix: | PEBK_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Custom Element. + References No definition available. + Details
Name: | PEBK_PreferredStockAndWarrantRepurchaseShares
Namespace Prefix: | PEBK_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_DividendsCommonStockCash
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817 + Details
Name: | us-gaap_DividendsPreferredStockCash
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of accretion of the preferred stock redemption discount during the period. + References No definition available. + Details
Name: | us-gaap_PreferredStockAccretionOfRedemptionDiscount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=35736750&loc=SL4591552-111686 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=35736750&loc=SL4591551-111686 + Details
Name: | us-gaap_ProfitLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Number of shares issued which are neither cancelled nor held in the treasury. + References No definition available. + Details
Name: | us-gaap_SharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4568447-111683 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4568740-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4I -URI http://asc.fasb.org/extlink&oid=35736750&loc=SL4590271-111686 + Details
Name: | us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Number of share options (or share units) exercised during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.28,29) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Value of stock issued as a result of the exercise of stock options. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 + Details
Name: | us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Number of shares that have been repurchased and retired during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 + Details
Name: | us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 + Details
Name: | us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration