PEOPLES BANCORP INC
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
PEBO$38.53-0.7%Stored close · as of Nov 10, 2026
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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited)
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| (Dollars in thousands) | 2024 | 2023 |
| Net income | $29,584 | $26,560 |
| Other comprehensive (loss) income: | ||
| Available-for-sale investment securities: | ||
| Gross unrealized holding (loss) gain arising during the period | (9,887) | 20,362 |
| Related tax benefit (expense) | 2,340 | (4,647) |
| Reclassification adjustment for net loss included in net income | 1 | 1,935 |
| Related tax expense | — | (452) |
| Net effect on other comprehensive (loss) income | (7,546) | 17,198 |
| Defined benefit plan: | ||
| Amortization of unrecognized loss and service cost on benefit plans | — | 2 |
| Net effect on other comprehensive (loss) income | — | 2 |
| Cash flow hedges: | ||
| Net gain (loss) arising during the period | 256 | (1,356) |
| Related tax (expense) benefit | (60) | 313 |
| Net effect on other comprehensive (loss) income | 196 | (1,043) |
| Total other comprehensive (loss) income, net of tax | (7,350) | 16,157 |
| Total comprehensive income | $22,234 | $42,717 |
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