{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-005077","form_type":"8-K","ticker":"PEBK","cik":"0001093672","company_name":"PEOPLES BANCORP OF NORTH CAROLINA INC","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.920043+00:00","generated_at":"2026-06-16T18:21:27.792651+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Peoples Bancorp Q1 net earnings $3.2M ($0.58/share) down from $3.5M YoY; net interest margin expands to 3.77%","bullets":["Net earnings $3.2M ($0.58 basic EPS, $0.56 diluted) vs $3.5M ($0.63, $0.61) a year ago.","Net interest income rose to $14.3M from $10.7M; net interest margin 3.77% vs 2.79% YoY.","Non-interest income fell to $3.6M from $7.0M, driven by $2.5M net loss on securities sales and lower appraisal fees.","Total loans grew to $1.1B from $1.0B; deposits flat at $1.4B but time deposits up on promotional rates.","Adopted CECL on Jan 1, 2023, reducing retained earnings by $838K (net of tax); allowance for credit losses on loans $9.6M (0.92% of loans)."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-005077","json":"https://secwatch.observer/filing/0001654954-23-005077.json","markdown":"https://secwatch.observer/filing/0001654954-23-005077.md","text":"https://secwatch.observer/filing/0001654954-23-005077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1093672/000165495423005077/0001654954-23-005077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1093672/000165495423005077/pebk_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T18:21:27.792651+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":[{"claim_id":"60823184f7b084c5d5dc87ea50ebca3e10d2922c","claim":"PEOPLES BANCORP OF NORTH CAROLINA INC reported three months ended March 31, 2023 results: net income $3.2 million, EPS $0.58 per share and $0.56 per diluted share.","evidence_excerpt":"Net earnings were $3.2 million or $0.58 per share and $0.56 per diluted share for the three months ended March 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1093672/000165495423005077/0001654954-23-005077-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Net income","value":"$3.2 million"},{"label":"EPS","value":"$0.58 per share and $0.56 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}