v3.26.1
Revenue (Tables)
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Summary of Revenue
The following table details Peoples' revenue from contracts with customers:
 Three Months Ended
March 31,
(Dollars in thousands)20262025
Insurance income:
Commission and fees from sale of insurance policies (a)$4,376 $4,512 
Performance-based commissions (b)1,204 1,542 
Trust and investment income:
Fiduciary income (a)3,076 2,915 
Brokerage income (a)2,529 2,146 
Electronic banking income:
Interchange income (b)4,903 4,845 
Promotional and usage income (a)1,024 1,040 
Deposit account service charges:
Ongoing maintenance fees for deposit accounts (a)1,881 1,643 
Transaction-based fees (b)2,386 2,372 
Commercial loan swap fees (b)310 537 
Other non-interest income transaction-based fees (b)674 415 
Total revenue from contracts with customers$22,363 $21,967 
Timing of revenue recognition:
Services transferred over time$12,886 $12,256 
Services transferred at a point in time9,477 9,711 
Total revenue from contracts with customers$22,363 $21,967 
(a) Services transferred over time.
(b) Services transferred at a point in time.
Summary of Contract Assets and Liabilities
The following table details the changes in Peoples' contract assets and contract liabilities for the three-month period ended March 31, 2026:
 Contract AssetsContract Liabilities
(Dollars in thousands)
Balance, January 1, 2026$972 $5,848 
     Additional income receivable1 — 
     Additional deferred income— 3,062 
     Recognition of income previously deferred— (3,728)
Balance, March 31, 2026$973 $5,182