{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-010022","form_type":"8-K","ticker":"PEBK","cik":"0001093672","company_name":"PEOPLES BANCORP OF NORTH CAROLINA INC","filed_at":"2022-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.964758+00:00","generated_at":"2026-06-24T09:03:49.261470+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Peoples Bancorp Q2 net earnings fall to $3.2M from $4.6M; diluted EPS $0.57 vs $0.80","bullets":["Net earnings $3.2M ($0.57 diluted) vs $4.6M ($0.80) in Q2 2021; provision for loan losses turned to $410K from recovery of $226K.","PPP loan fee income dropped to $293K from $1.5M in Q2; total loans grew to $959.5M despite $16.6M PPP reduction.","Non-interest income rose to $7.3M (+$1.3M) driven by appraisal fees, but mortgage banking income fell $624K.","Non-interest expense increased to $14.2M from $12.1M, led by higher appraisal expenses and salaries.","Shareholders' equity fell to $112.4M (6.70% of assets) from $142.4M (8.77%) due to unrealized securities losses; dividends for H1 2022 were $0.51 vs $0.32."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-010022","json":"https://secwatch.observer/filing/0001654954-22-010022.json","markdown":"https://secwatch.observer/filing/0001654954-22-010022.md","text":"https://secwatch.observer/filing/0001654954-22-010022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1093672/000165495422010022/0001654954-22-010022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1093672/000165495422010022/pebk_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T09:03:49.261470+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}