---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-013139"
form_type: "8-K"
ticker: "PEBK"
cik: "0001093672"
company_name: "PEOPLES BANCORP OF NORTH CAROLINA INC"
filed_at: "2024-10-21T23:59:59+00:00"
generated_at: "2026-05-30T12:15:21.451274+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Peoples Bancorp Q3 2024 net earnings $4.0M ($0.72 diluted), down from $4.1M a year ago

## Summary
- Net earnings $4.0M ($0.72 diluted) vs $4.1M ($0.74 diluted) in Q3 2023; YTD net earnings $12.8M vs $12.1M.
- Net interest margin 3.35% for Q3 vs 3.39% a year ago; net interest income $13.5M, up $0.2M.
- Provision for credit losses $297K vs $562K in Q3 2023; includes $669K reserve for Hurricane Helene exposure.
- Non-interest expense $15.0M, up $0.7M, driven by $362K leasehold write-off for closed Cary branch and higher appraisal fees.
- Total loans $1.12B (+2.8% vs Dec 2023); non-performing assets 0.24% of total assets, unchanged.

## SEC filing metadata
- accession: 0001654954-24-013139
- form_type: 8-K
- ticker: PEBK
- cik: 0001093672
- company_name: PEOPLES BANCORP OF NORTH CAROLINA INC
- filed_at: 2024-10-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093672/000165495424013139/0001654954-24-013139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093672/000165495424013139/pebk_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-013139
- JSON: https://secwatch.observer/filing/0001654954-24-013139.json
- Plain text: https://secwatch.observer/filing/0001654954-24-013139.txt

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