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
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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited)
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| (Dollars in thousands) | 2024 | 2023 | 2024 | 2023 |
| Net income | $31,684 | $31,882 | $90,275 | $79,538 |
| Other comprehensive (loss) income: | ||||
| Available-for-sale investment securities: | ||||
| Gross unrealized holding gain (loss) arising during the period | 37,723 | (34,330) | 26,414 | (26,002) |
| Related tax (expense) benefit | (8,779) | 7,671 | (6,203) | 6,178 |
| Reclassification adjustment for net loss included in net income | 74 | 7 | 428 | 2,108 |
| Related tax (expense) benefit | (18) | 3 | (100) | (492) |
| Net effect on other comprehensive income (loss) | 29,000 | (26,649) | 20,539 | (18,208) |
| Defined benefit plan: | ||||
| Net (loss) gain arising during the period | — | (244) | — | (244) |
| Related tax benefit | — | 57 | — | 57 |
| Amortization of unrecognized loss and service cost on benefit plans | — | — | — | 9 |
| Related tax benefit (expense) | — | — | — | (2) |
| Reclassification from accumulated other comprehensive income ("AOCI") | — | 2,424 | — | 2,424 |
| Related tax benefit (expense) | — | (566) | — | (566) |
| Net effect on other comprehensive income | — | 1,671 | — | 1,678 |
| Cash flow hedges: | ||||
| Net (loss) gain arising during the period | (1,698) | 118 | (1,885) | (165) |
| Related tax benefit (expense) | 395 | (16) | 440 | 35 |
| Net effect on other comprehensive (loss) income | (1,303) | 102 | (1,445) | (130) |
| Total other comprehensive income (loss), net of tax | 27,697 | (24,876) | 19,094 | (16,660) |
| Total comprehensive income | $59,381 | $7,006 | $109,369 | $62,878 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.