XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.20.2

3. Loans (Details 4) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019
Allowance for Loan Losses |  |  |  |
Beginning balance | $ 8,112 | $ 6,561 | $ 6,680 | $ 6,445
Charge-offs | (168) | (196) | (378) | (360)
Recoveries | 72 | 99 | 193 | 201
Provision | 1,417 | 77 | 2,938 | 255
Ending balance | 9,433 | 6,541 | 9,433 | 6,541
Ending balance: individually evaluated for impairments | 912 | 984 | 912 | 984
Ending balance: collectively evaluated for impairments | 8,521 | 5,557 | 8,521 | 5,557
Ending balance | 9,433 | 6,541 | 9,433 | 6,541
Loans |  |  |  |
Ending balance | 966,543 | 833,367 | 966,543 | 833,367
Ending balance: individually evaluated for impairment | 16,321 | 16,938 | 16,321 | 16,938
Ending balance: collectively evaluated for impairment | 950,222 | 816,429 | 950,222 | 816,429
Construction and Land Development |  |  |  |
Allowance for Loan Losses |  |  |  |
Beginning balance | 1,293 | 831 | 694 | 813
Charge-offs | 0 | (21) | (5) | (21)
Recoveries | 0 | 2 | 2 | 3
Provision | 238 | (49) | 840 | (32)
Ending balance | 1,531 | 763 | 1,531 | 763
Ending balance: individually evaluated for impairments | 2 | 0 | 2 | 0
Ending balance: collectively evaluated for impairments | 1,529 | 763 | 1,529 | 763
Ending balance | 1,531 | 763 | 1,531 | 763
Loans |  |  |  |
Ending balance | 110,077 | 86,920 | 110,077 | 86,920
Ending balance: individually evaluated for impairment | 8 | 11 | 8 | 11
Ending balance: collectively evaluated for impairment | 110,069 | 86,909 | 110,069 | 86,909
Single-Family Residential |  |  |  |
Allowance for Loan Losses |  |  |  |
Beginning balance | 1,713 | 1,256 | 1,274 | 1,325
Charge-offs | 0 | (9) | 0 | (22)
Recoveries | 9 | 5 | 25 | 53
Provision | 91 | 60 | 514 | (44)
Ending balance | 1,813 | 1,312 | 1,813 | 1,312
Ending balance: individually evaluated for impairments | 5 | 2 | 5 | 2
Ending balance: collectively evaluated for impairments | 1,808 | 1,310 | 1,808 | 1,310
Ending balance | 1,813 | 1,312 | 1,813 | 1,312
Loans |  |  |  |
Ending balance | 268,174 | 264,724 | 268,174 | 264,724
Ending balance: individually evaluated for impairment | 1,657 | 1,738 | 1,657 | 1,738
Ending balance: collectively evaluated for impairment | 266,517 | 262,986 | 266,517 | 262,986
Single-Family Residential - Banco de la Gente Non-Tradtional |  |  |  |
Allowance for Loan Losses |  |  |  |
Beginning balance | 1,084 | 1,174 | 1,073 | 1,177
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Provision | 30 | (58) | 41 | (61)
Ending balance | 1,114 | 1,116 | 1,114 | 1,116
Ending balance: individually evaluated for impairments | 894 | 970 | 894 | 970
Ending balance: collectively evaluated for impairments | 220 | 146 | 220 | 146
Ending balance | 1,114 | 1,116 | 1,114 | 1,116
Loans |  |  |  |
Ending balance | 29,325 | 32,499 | 29,325 | 32,499
Ending balance: individually evaluated for impairment | 12,297 | 13,508 | 12,297 | 13,508
Ending balance: collectively evaluated for impairment | 17,028 | 18,991 | 17,028 | 18,991
Commercial |  |  |  |
Allowance for Loan Losses |  |  |  |
Beginning balance | 1,799 | 1,292 | 1,305 | 1,278
Charge-offs | 0 | 0 | (7) | 0
Recoveries | 11 | 19 | 34 | 23
Provision | 241 | 23 | 719 | 33
Ending balance | 2,051 | 1,334 | 2,051 | 1,334
Ending balance: individually evaluated for impairments | 11 | 12 | 11 | 12
Ending balance: collectively evaluated for impairments | 2,040 | 1,322 | 2,040 | 1,322
Ending balance | 2,051 | 1,334 | 2,051 | 1,334
Loans |  |  |  |
Ending balance | 303,828 | 281,895 | 303,828 | 281,895
Ending balance: individually evaluated for impairment | 2,084 | 1,643 | 2,084 | 1,643
Ending balance: collectively evaluated for impairment | 301,744 | 280,252 | 301,744 | 280,252
Multifamily and Farmland |  |  |  |
Allowance for Loan Losses |  |  |  |
Beginning balance | 118 | 98 | 120 | 83
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Provision | (3) | 12 | (5) | 27
Ending balance | 115 | 110 | 115 | 110
Ending balance: individually evaluated for impairments | 0 | 0 | 0 | 0
Ending balance: collectively evaluated for impairments | 115 | 110 | 115 | 110
Ending balance | 115 | 110 | 115 | 110
Loans |  |  |  |
Ending balance | 49,465 | 44,065 | 49,465 | 44,065
Ending balance: individually evaluated for impairment | 0 | 0 | 0 | 0
Ending balance: collectively evaluated for impairment | 49,465 | 44,065 | 49,465 | 44,065
Commercial Loans (Not Secured by Real Estate) |  |  |  |
Allowance for Loan Losses |  |  |  |
Beginning balance | 1,017 | 610 | 688 | 626
Charge-offs | (78) | 0 | (109) | (1)
Recoveries | 0 | 8 | 26 | 14
Provision | 41 | (70) | 375 | (91)
Ending balance | 980 | 548 | 980 | 548
Ending balance: individually evaluated for impairments | 0 | 0 | 0 | 0
Ending balance: collectively evaluated for impairments | 980 | 548 | 980 | 548
Ending balance | 980 | 548 | 980 | 548
Loans |  |  |  |
Ending balance | 188,398 | 103,466 | 188,398 | 103,466
Ending balance: individually evaluated for impairment | 275 | 38 | 275 | 38
Ending balance: collectively evaluated for impairment | 188,123 | 103,428 | 188,123 | 103,428
Farm Loans (Not Secured by Real Estate) |  |  |  |
Allowance for Loan Losses |  |  |  |
Beginning balance | 0 | 0 | 0 | 0
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Provision | 0 | 0 | 0 | 0
Ending balance | 0 | 0 | 0 | 0
Ending balance: individually evaluated for impairments | 0 | 0 | 0 | 0
Ending balance: collectively evaluated for impairments | 0 | 0 | 0 | 0
Ending balance | 0 | 0 | 0 | 0
Loans |  |  |  |
Ending balance | 887 | 1,060 | 887 | 1,060
Ending balance: individually evaluated for impairment | 0 | 0 | 0 | 0
Ending balance: collectively evaluated for impairment | 887 | 1,060 | 887 | 1,060
Consumer And All Other Loans |  |  |  |
Allowance for Loan Losses |  |  |  |
Beginning balance | 180 | 162 | 138 | 161
Charge-offs | (90) | (166) | (257) | (316)
Recoveries | 52 | 65 | 106 | 108
Provision | 20 | 100 | 175 | 208
Ending balance | 162 | 161 | 162 | 161
Ending balance: individually evaluated for impairments | 0 | 0 | 0 | 0
Ending balance: collectively evaluated for impairments | 162 | 161 | 162 | 161
Ending balance | 162 | 161 | 162 | 161
Loans |  |  |  |
Ending balance | 16,389 | 18,738 | 16,389 | 18,738
Ending balance: individually evaluated for impairment | 0 | 0 | 0 | 0
Ending balance: collectively evaluated for impairment | 16,389 | 18,738 | 16,389 | 18,738
Unallocated |  |  |  |
Allowance for Loan Losses |  |  |  |
Beginning balance | 908 | 1,138 | 1,388 | 982
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Provision | 759 | 59 | 279 | 215
Ending balance | 1,667 | 1,197 | 1,667 | 1,197
Ending balance: individually evaluated for impairments | 0 | 0 | 0 | 0
Ending balance: collectively evaluated for impairments | 1,667 | 1,197 | 1,667 | 1,197
Ending balance | 1,667 | 1,197 | 1,667 | 1,197
Loans |  |  |  |
Ending balance | 0 | 0 | 0 | 0
Ending balance: individually evaluated for impairment | 0 | 0 | 0 | 0
Ending balance: collectively evaluated for impairment | $ 0 | $ 0 | $ 0 | $ 0

X
- References No definition available. + Details
Name: | PEBK_LoansAndLeasesReceivableOtherAllowances
Namespace Prefix: | PEBK_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Loans Receivable [Abstract] + References No definition available. + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121611835&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121611835&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 increase in allowance for credit loss on financing receivable from recovery. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 3: 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 http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of writeoff of financing receivable, charged against allowance for credit loss. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 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 (c)(3) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=121611835&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=121611835&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: 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 http://asc.fasb.org/extlink&oid=121614798&loc=d3e15032-111544 Reference 3: 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 http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 6.L.1) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707 + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121593590&loc=d3e4428-111522 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5074-111524 + Details
Name: | us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of expense related loan transactions, lease transactions, credit loss from transactions other than loan and lease transactions, and other loss based on assessment of uncollectability from the counterparty to reduce the account to their net realizable value. + 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)(2) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.11) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details
Name: | us-gaap_ProvisionForLoanLeaseAndOtherLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=PEBK_ConstructionAndLandDevelopmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_ResidentialRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=PEBK_BancoDeLaGenteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=PEBK_MultifamilyAndFarmlandMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=PEBK_FarmLoansNotSecuredByRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=PEBK_ConsumerAndAllOtherLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=PEBK_UnallocatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |