PEOPLES BANCORP INC
For the period ended Sep 30, 2024. Filed Oct 31, 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.
Sep 30, 2024 · Filed Oct 31, 2024
PEBO$38.53-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| (Dollars in thousands) | 2024 | 2023 |
| Net cash provided by operating activities | $103,230 | $113,085 |
| Investing activities: | ||
| Available-for-sale investment securities: | ||
| Purchases | (203,702) | (33,380) |
| Proceeds from sales | — | 166,919 |
| Proceeds from principal payments, calls and prepayments | 196,067 | 115,963 |
| Held-to-maturity investment securities: | ||
| Purchases | (110,406) | (187,487) |
| Proceeds from principal payments | 100,528 | 72,396 |
| Other investment securities: | ||
| Purchases | (18,824) | (24,768) |
| Proceeds from sales | 27,071 | 15,681 |
| Net increase in loans held for investment | (108,058) | (285,202) |
| Net expenditures for premises and equipment | (6,625) | (10,620) |
| Proceeds from sales of other real estate owned | 10 | 129 |
| Business acquisitions, net of cash received | (245) | 92,952 |
| Proceeds from bank owned life insurance contracts | 486 | — |
| Investment in limited partnership and tax credit funds | (2,919) | (1,699) |
| Net cash used in investing activities | (126,617) | (79,116) |
| Financing activities: | ||
| Net decrease in non-interest-bearing deposits | (114,208) | (283,034) |
| Net increase in interest-bearing deposits | 445,012 | 369,629 |
| Net (decrease) increase in short-term borrowings | (425,176) | 25,299 |
| Proceeds from long-term borrowings | 45,872 | 70,085 |
| Payments on long-term borrowings | (26,217) | (32,515) |
| Cash dividends paid | (41,820) | (37,899) |
| Purchase of treasury stock under share repurchase program | (3,000) | — |
| Purchase of treasury stock in connection with employee incentive program and compensation plan for Boards of Directors to be held as treasury stock | (1,221) | (1,445) |
| Proceeds from issuance of common shares | 1,130 | 998 |
| Net cash (used in) provided by financing activities | (119,628) | 111,118 |
| Net (decrease) increase in cash and cash equivalents | (143,015) | 145,087 |
| Cash and cash equivalents at beginning of period | 426,722 | 154,022 |
| Cash and cash equivalents at end of period | $283,707 | $299,109 |
| Supplemental cash flow information: | ||
| Interest paid | $125,979 | $57,033 |
| Income taxes paid | 20,383 | 29,636 |
| Supplemental noncash disclosures: | ||
| Transfers from total loans to other real estate owned | 235 | 31 |
| Noncash recognition of new leases | 1,130 | 4,428 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.