PEBK

Peoples Bancorp of North Carolina, Inc. operates as the bank holding company for Peoples Bank, a community-oriented financial institution serving customers across North Carolina. Headquartered in Newton, North Carolina, the company provides traditional banking products and services including commercial and retail lending, deposit accounts, mortgage financing, and wealth management services through its network of branch locations. The bank focuses primarily on small to medium-sized businesses, professionals, and retail customers within its local markets, emphasizing relationship-based banking and personalized service delivery. Peoples Bancorp maintains a community bank business model, competing against both regional and national financial institutions by leveraging local market knowledge and decision-making authority. The company generates revenue primarily through net interest income from its loan portfolio, which includes commercial real estate, construction, residential mortgage, and consumer loans, as well as fee-based services. As a publicly traded entity, Peoples Bancorp of North Carolina operates with approximately $1.4 billion in total assets and maintains capital ratios that exceed regulatory requirements for well-capitalized institutions. The bank continues to adapt its service delivery through digital banking enhancements while maintaining its emphasis on in-person customer relationships and community involvement throughout its North Carolina footprint.