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:   2025-04-21T23:59:59+00:00
Accession:  0001654954-25-004471
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Bancorp Q1 2025 net earnings $4.3M ($0.82/share), NIM expands to 3.51%
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- Net earnings $4.3M ($0.82/share diluted $0.79) vs $3.9M ($0.74/$0.72) a year ago.
- Net interest margin improved to 3.51% from 3.33% YoY; net interest income $13.9M.
- Total loans $1.15B, deposits $1.52B; core deposits 90.22% of total deposits.
- Cash dividend increased to $0.36/share from $0.35; non-performing assets 0.30% of assets.
- Provision for credit losses $268K vs $91K, partly due to commercial construction loan growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1093672/000165495425004471/0001654954-25-004471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1093672/000165495425004471/pebk_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-004471

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