Revenue (Tables)

9 Months Ended

Sep. 30, 2021

Revenue Recognition and Deferred Revenue [Abstract]

Disaggregation of Revenue [Table Text Block]

The following table details Peoples' revenue from contracts with customers:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(Dollars in thousands)	2021		2020		2021		2020
Insurance income:
Commission and fees from sale of insurance policies (a)	$	3,231	$	3,493	$	9,603	$	9,117
Fees related to third-party administration services (a)	76		107		276		375
Performance-based commissions (b)	60		9		2,044		1,437
Trust and investment income (a)	4,158		3,435		12,223		10,013
Electronic banking income:
Interchange income (a)	3,280		3,011		9,930		8,255
Promotional and usage income (a)	1,046		755		2,725		2,313
Deposit account service charges:
Ongoing maintenance fees for deposit accounts (a)	933		848		2,597		2,677
Transactional-based fees (b)	1,616		1,418		3,981		4,318
Commercial loan swap fees (b)	73		68		194		1,267
Other non-interest income transactional-based fees (b)	207		94		601		624
Total revenue from contracts with customers	$	14,680	$	13,238	$	44,174	$	40,396
Timing of revenue recognition:
Services transferred over time	$	12,724	$	11,649	$	37,354	$	32,750
Services transferred at a point in time	1,956		1,589		6,820		7,646
Total revenue from contracts with customers	$	14,680	$	13,238	$	44,174	$	40,396

(a) Services transferred over time.

(b) Services transferred at a point in time.

Contract with Customer, Asset and Liability [Table Text Block]

The following table details the changes in Peoples' contract assets and contract liabilities for the nine-month period ended September 30, 2021:

	Contract Assets		Contract Liabilities
(Dollars in thousands)
Balance, January 1, 2021	$	1,247	$	5,224
Additional income receivable	144		—
Receipt of income previously receivable	(701)		—
Recognition of income previously deferred	—		(488)
Balance, September 30, 2021	$	690	$	4,736