v3.26.3
Deposits
 9 Months Ended
Sep. 30, 2026
Banking and Thrift, Other Disclosure [Abstract]  
Deposits Deposits
Peoples’ deposit balances were comprised of the following:
(Dollars in thousands)September 30, 2026December 31, 2025
Retail certificates of deposit ("CDs"):
$100 or more$1,046,668 $1,143,787 
Less than $100784,997 840,004 
Total Retail CDs1,831,665 1,983,791 
Interest-bearing deposit accounts1,146,769 1,092,252 
Money market deposit accounts1,041,921 945,313 
Savings accounts913,816 887,402 
Governmental deposit accounts755,584 739,939 
Brokered deposits192,155 510,458 
Total interest-bearing deposits5,881,910 6,159,155 
Non-interest-bearing deposits1,560,184 1,545,428 
Total deposits$7,442,094 $7,704,583 
Uninsured deposits were $2.0 billion at both September 30, 2026 and at December 31, 2025. Uninsured deposit amounts are estimated based on the portion of the respective customer account balances that exceeded the FDIC limit of $250,000. Peoples pledges
investment securities against certain governmental deposit accounts, which covered $574.8 million and $615.6 million of the uninsured deposit balances at September 30, 2026 and at December 31, 2025, respectively.
Uninsured time deposits are broken out below by time remaining until maturity. The amounts presented do not consider the insured portion of the deposits.
(Dollars in thousands)September 30, 2026December 31, 2025
3 months or less$144,786 $152,991 
Over 3 to 6 months111,151 170,299 
Over 6 to 12 months127,170 83,387 
Over 12 months12,747 35,897 
Total$395,854 $442,574 
    
The contractual maturities of CDs for each of the next five years, including the remainder of 2026, and thereafter are as follows:
(Dollars in thousands)RetailBrokeredTotal
Remaining three months ending December 31, 2026$616,977 $35,168 $652,145 
Year ending December 31, 20271,179,618 87,128 1,266,746 
Year ending December 31, 202825,227 23,956 49,183 
Year ending December 31, 20295,023 45,833 50,856 
Year ending December 31, 20303,054 — 3,054 
Thereafter1,766 — 1,766 
Total CDs$1,831,665 $192,085 $2,023,750 
At September 30, 2026, Peoples had four effective interest rate swaps, with an aggregate notional value of $35.0 million, all of which hedge interest payments on brokered CDs. The brokered CDs are expected to be extended every 90 days through the maturity dates of the swaps. Additional information regarding Peoples' interest rate swaps can be found in "Note 10 Derivative Financial Instruments."