---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-000656"
form_type: "8-K"
ticker: "PEBK"
cik: "0001093672"
company_name: "PEOPLES BANCORP OF NORTH CAROLINA INC"
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:30:01.516685+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Peoples Bancorp Q4 2022 earnings rise to $0.76/share; full-year EPS $2.85 vs $2.63

## Summary
- Q4 net earnings $4.1M ($0.76 basic, $0.74 diluted) vs $3.0M ($0.55 basic) a year ago.
- Full-year net earnings $16.1M ($2.94 basic, $2.85 diluted) vs $15.1M ($2.71 basic) in 2021.
- Net interest margin expanded to 3.22% from 2.99%; total loans grew to $1.0B (up $115M YoY).
- Cash dividend increased to $0.87 per share in 2022 from $0.66 in 2021.
- Non-performing assets remain low at 0.23% of total assets; provision for loan losses increased to $1.5M.

## SEC filing metadata
- accession: 0001654954-23-000656
- form_type: 8-K
- ticker: PEBK
- cik: 0001093672
- company_name: PEOPLES BANCORP OF NORTH CAROLINA INC
- filed_at: 2023-01-23T23:59:59+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/1093672/000165495423000656/0001654954-23-000656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093672/000165495423000656/pebk_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-000656
- JSON: https://secwatch.observer/filing/0001654954-23-000656.json
- Plain text: https://secwatch.observer/filing/0001654954-23-000656.txt

## Key facts
- Earnings Releases
  PEOPLES BANCORP OF NORTH CAROLINA INC reported the three months ended December 31, 2022 results: net income $4.1 million, EPS $0.76 per share and $0.74 per diluted share.
  - Period: the three months ended December 31, 2022
  - Net income: $4.1 million
  - EPS: $0.76 per share and $0.74 per diluted share
  - Result: reported results
  source text: Net earnings were $4.1 million or $0.76 per share and $0.74 per diluted share for the three months ended December 31, 2022, as compared to $3.0 million or $0.55 per share and $0.53 per diluted share for the same period one year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093672/000165495423000656/0001654954-23-000656-index.htm
- Earnings Releases
  PEOPLES BANCORP OF NORTH CAROLINA INC reported the year ended December 31, 2022 results: net income $16.1 million, EPS $2.94 per share and $2.85 per diluted share.
  - Period: the year ended December 31, 2022
  - Net income: $16.1 million
  - EPS: $2.94 per share and $2.85 per diluted share
  - Result: reported results
  source text: Net earnings were $16.1 million or $2.94 per share and $2.85 per diluted share for the year ended December 31, 2022, as compared to $15.1 million or $2.71 per share and $2.63 per diluted share for the year ended December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093672/000165495423000656/0001654954-23-000656-index.htm

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