XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.21.1

3. Loans (Details 4) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2021 | Mar. 31, 2020
Allowance for Loan Losses |  |
Beginning balance | $ 9,908 | $ 6,680
Charge-offs | (85) | (210)
Recoveries | 164 | 121
Provision | (455) | 1,521
Ending balance | 9,532 | 8,112
Ending balance: individually evaluated for impairments | 840 | 952
Ending balance: collectively evaluated for impairments | 8,692 | 7,160
Ending balance | 9,532 | 8,112
Loans |  |
Ending balance | 946,497 | 880,564
Ending balance: individually evaluated for impairment | 14,883 | 16,614
Ending balance: collectively evaluated for impairment | 931,614 | 863,950
Construction and Land Development |  |
Allowance for Loan Losses |  |
Beginning balance | 1,196 | 694
Charge-offs | 0 | (5)
Recoveries | 50 | 2
Provision | (185) | 602
Ending balance | 1,061 | 1,293
Ending balance: individually evaluated for impairments | 2 | 2
Ending balance: collectively evaluated for impairments | 1,059 | 1,291
Ending balance | 1,061 | 1,293
Loans |  |
Ending balance | 87,878 | 105,939
Ending balance: individually evaluated for impairment | 7 | 8
Ending balance: collectively evaluated for impairment | 87,871 | 105,931
Single-Family Residential |  |
Allowance for Loan Losses |  |
Beginning balance | 1,843 | 1,274
Charge-offs | 0 | 0
Recoveries | 60 | 16
Provision | (53) | 423
Ending balance | 1,850 | 1,713
Ending balance: individually evaluated for impairments | 4 | 6
Ending balance: collectively evaluated for impairments | 1,846 | 1,707
Ending balance | 1,850 | 1,713
Loans |  |
Ending balance | 264,356 | 271,489
Ending balance: individually evaluated for impairment | 1,444 | 1,678
Ending balance: collectively evaluated for impairment | 262,912 | 269,811
Single-Family Residential - Banco de la Gente Non-Tradtional |  |
Allowance for Loan Losses |  |
Beginning balance | 1,052 | 1,073
Charge-offs | 0 | 0
Recoveries | 0 | 0
Provision | (19) | 11
Ending balance | 1,033 | 1,084
Ending balance: individually evaluated for impairments | 826 | 906
Ending balance: collectively evaluated for impairments | 207 | 178
Ending balance | 1,033 | 1,084
Loans |  |
Ending balance | 26,278 | 29,887
Ending balance: individually evaluated for impairment | 11,193 | 12,489
Ending balance: collectively evaluated for impairment | 15,085 | 17,398
Commercial |  |
Allowance for Loan Losses |  |
Beginning balance | 2,212 | 1,305
Charge-offs | 0 | (7)
Recoveries | 12 | 23
Provision | 28 | 478
Ending balance | 2,252 | 1,799
Ending balance: individually evaluated for impairments | 8 | 9
Ending balance: collectively evaluated for impairments | 2,244 | 1,790
Ending balance | 2,252 | 1,799
Loans |  |
Ending balance | 337,943 | 301,490
Ending balance: individually evaluated for impairment | 2,098 | 2,095
Ending balance: collectively evaluated for impairment | 335,845 | 299,395
Multifamily and Farmland |  |
Allowance for Loan Losses |  |
Beginning balance | 122 | 120
Charge-offs | 0 | 0
Recoveries | 0 | 0
Provision | 23 | (2)
Ending balance | 145 | 118
Ending balance: individually evaluated for impairments | 0 | 0
Ending balance: collectively evaluated for impairments | 145 | 118
Ending balance | 145 | 118
Loans |  |
Ending balance | 57,914 | 48,191
Ending balance: individually evaluated for impairment | 0 | 0
Ending balance: collectively evaluated for impairment | 57,914 | 48,191
Commercial Loans (Not Secured by Real Estate) |  |
Allowance for Loan Losses |  |
Beginning balance | 1,345 | 688
Charge-offs | 0 | (31)
Recoveries | 3 | 25
Provision | (104) | 335
Ending balance | 1,244 | 1,017
Ending balance: individually evaluated for impairments | 0 | 29
Ending balance: collectively evaluated for impairments | 1,244 | 988
Ending balance | 1,244 | 1,017
Loans |  |
Ending balance | 160,892 | 104,221
Ending balance: individually evaluated for impairment | 141 | 344
Ending balance: collectively evaluated for impairment | 160,751 | 103,877
Farm Loans (Not Secured by Real Estate) |  |
Allowance for Loan Losses |  |
Beginning balance | 0 | 0
Charge-offs | 0 | 0
Recoveries | 0 | 0
Provision | 0 | 0
Ending balance | 0 | 0
Ending balance: individually evaluated for impairments | 0 | 0
Ending balance: collectively evaluated for impairments | 0 | 0
Ending balance | 0 | 0
Loans |  |
Ending balance | 860 | 1,044
Ending balance: individually evaluated for impairment | 0 | 0
Ending balance: collectively evaluated for impairment | 860 | 1,044
Consumer And All Other Loans |  |
Allowance for Loan Losses |  |
Beginning balance | 128 | 138
Charge-offs | (85) | (167)
Recoveries | 39 | 55
Provision | 9 | 154
Ending balance | 91 | 180
Ending balance: individually evaluated for impairments | 0 | 0
Ending balance: collectively evaluated for impairments | 91 | 180
Ending balance | 91 | 180
Loans |  |
Ending balance | 10,376 | 18,303
Ending balance: individually evaluated for impairment | 0 | 0
Ending balance: collectively evaluated for impairment | 10,376 | 18,303
Unallocated |  |
Allowance for Loan Losses |  |
Beginning balance | 2,010 | 1,388
Charge-offs | 0 | 0
Recoveries | 0 | 0
Provision | (154) | (480)
Ending balance | 1,856 | 908
Ending balance: individually evaluated for impairments | 0 | 0
Ending balance: collectively evaluated for impairments | 1,856 | 908
Ending balance | 1,856 | 908
Loans |  |
Ending balance | 0 | 0
Ending balance: individually evaluated for impairment | 0 | 0
Ending balance: collectively evaluated for impairment | $ 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: |