---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-000723"
form_type: "8-K"
ticker: "PEBK"
cik: "0001093672"
company_name: "PEOPLES BANCORP OF NORTH CAROLINA INC"
filed_at: "2022-01-24T23:59:59+00:00"
generated_at: "2026-06-27T16:09:16.820676+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Peoples Bancorp reports record FY2021 net earnings of $15.1M; Q4 EPS $0.55 vs $0.33

## Summary
- Net earnings $15.1M ($2.71 diluted per share) vs $11.4M ($1.95) in 2020; Q4 $3.0M ($0.53 diluted) vs $1.9M ($0.33).
- Net interest income $44.0M vs $44.1M; provision recovery of $1.2M vs provision $4.3M in 2020.
- Non-interest income $24.9M vs $22.9M; non-interest expense $51.1M vs $48.9M.
- Total loans $884.9M at Dec 31, 2021 vs $948.6M; decrease due to PPP loan forgiveness and commercial loan payoffs.
- Core deposits $1.4B (98.14% of total deposits) vs $1.2B; non-performing assets 0.20% vs 0.27%.

## SEC filing metadata
- accession: 0001654954-22-000723
- form_type: 8-K
- ticker: PEBK
- cik: 0001093672
- company_name: PEOPLES BANCORP OF NORTH CAROLINA INC
- filed_at: 2022-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093672/000165495422000723/0001654954-22-000723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093672/000165495422000723/pebk_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-000723
- JSON: https://secwatch.observer/filing/0001654954-22-000723.json
- Plain text: https://secwatch.observer/filing/0001654954-22-000723.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.