secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK)
CIK:        0001093672
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001654954-23-000656
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1093672/000165495423000656/0001654954-23-000656-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1093672/000165495423000656/pebk_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-000656

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer