---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-001389"
form_type: "8-K"
ticker: "PEBK"
cik: "0001093672"
company_name: "PEOPLES BANCORP OF NORTH CAROLINA INC"
filed_at: "2025-02-12T23:59:59+00:00"
generated_at: "2026-05-26T22:41:40.412926+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Peoples Bancorp Q4 2024 net earnings $3.6M ($0.65 diluted EPS), up from $3.4M YoY

## Summary
- Q4 net earnings $3.6M ($0.65 diluted EPS) vs $3.4M ($0.62) a year ago.
- Full year 2024 net earnings $16.4M ($2.98 diluted EPS) vs $15.5M ($2.77).
- Net interest margin improved to 3.39% in Q4 from 3.32% YoY; full year margin declined to 3.36% from 3.51%.
- Total loans $1.14B, deposits $1.48B; non-performing assets 0.27% of total assets.
- Provision for credit losses was a recovery of $205k in Q4; full year recovery $285k vs expense $1.6M.

## SEC filing metadata
- accession: 0001654954-25-001389
- form_type: 8-K
- ticker: PEBK
- cik: 0001093672
- company_name: PEOPLES BANCORP OF NORTH CAROLINA INC
- filed_at: 2025-02-12T23:59:59+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/1093672/000165495425001389/0001654954-25-001389-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093672/000165495425001389/pebk_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-001389
- JSON: https://secwatch.observer/filing/0001654954-25-001389.json
- Plain text: https://secwatch.observer/filing/0001654954-25-001389.txt

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