---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-005809"
form_type: "8-K"
ticker: "PEBK"
cik: "0001093672"
company_name: "PEOPLES BANCORP OF NORTH CAROLINA INC"
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T15:51:21.799926+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Peoples Bancorp shareholders re-elect all 11 directors and ratify auditor

## Summary
- All 11 directors re-elected; no votes against, votes withheld ranged from 319,623 to 486,026.
- Ratification of Elliott Davis as independent auditor passed with 4,891,829 for, 118,025 against.
- Annual meeting held May 4, 2023; broker non-votes of 648,495 on each director election.
- No shareholder proposals; all management items approved.

## SEC filing metadata
- accession: 0001654954-23-005809
- form_type: 8-K
- ticker: PEBK
- cik: 0001093672
- company_name: PEOPLES BANCORP OF NORTH CAROLINA INC
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093672/000165495423005809/0001654954-23-005809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093672/000165495423005809/pebk_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-005809
- JSON: https://secwatch.observer/filing/0001654954-23-005809.json
- Plain text: https://secwatch.observer/filing/0001654954-23-005809.txt

## Key facts
- Shareholder Votes
  PEOPLES BANCORP OF NORTH CAROLINA INC shareholders approved Ratification of appointment of Independent Registered Public Accounting Firm – Elliott Davis, PLLC at the 2023-05-04 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-04
  source text: 2) Ratification of appointment of Independent Registered Public Accounting Firm – Elliott Davis, PLLC Votes For – 4,891,829; Votes Against – 118,025; Votes Abstained – 86,994; Broker Non-votes – 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093672/000165495423005809/0001654954-23-005809-index.htm
- Shareholder Votes
  PEOPLES BANCORP OF NORTH CAROLINA INC shareholders approved Election of Directors at the 2023-05-04 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-04
  source text: 1) Election of Directors: Votes For Votes Against Votes Withheld Broker Non-votes James S. Abernethy 3,995,327 - 453,026 648,495 Robert C. Abernethy 3,984,631 - 463,722 648,495 Kim Boyd-Leaks 4,116,577 - 331,776 648,495 Douglas S. Howard 3,996,327 - 452,026 648,495 John W. Lineberger, Jr. 4,100,414 - 347,939 648,495 Gary E. Matthews 4,128,730 - 319,623 648,495 Billy L. Price, Jr. MD 4,114,458 - 333,895 648,495 Larry E. Robinson 4,127,625 - 320,728 648,495 William Gregory Terry 3,962,327 - 486,026 648,495 Dan Ray Timmerman, Sr. 3,995,222 - 453,131 648,495 Benjamin I. Zachary 4,114,510 - 333,843 648,495
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093672/000165495423005809/0001654954-23-005809-index.htm

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