---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-011957"
form_type: "8-K"
ticker: "PEBK"
cik: "0001093672"
company_name: "PEOPLES BANCORP OF NORTH CAROLINA INC"
filed_at: "2025-10-20T23:59:59+00:00"
generated_at: "2026-05-17T03:11:07.416205+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Peoples Bancorp Q3 net earnings $3.7M ($0.67 diluted), down from $4.0M YoY; NIM expands to 3.58%

## Summary
- Net earnings fell to $3.7M ($0.67 diluted) vs $4.0M ($0.72) in Q3 2024; provision for credit losses rose to $530K from $297K.
- Net interest margin widened to 3.58% from 3.35% YoY; net interest income increased to $15.1M from $13.5M.
- Non-interest expense jumped to $16.9M from $15.0M, driven by higher legal fees, debit card expense, and salary costs.
- Total loans grew to $1.18B and deposits to $1.55B; non-performing assets remained at 0.29% of total assets.
- Court bench ruling favors Bank in NCDOT eminent domain case; expects additional $3.6M gain upon final order.

## SEC filing metadata
- accession: 0001654954-25-011957
- form_type: 8-K
- ticker: PEBK
- cik: 0001093672
- company_name: PEOPLES BANCORP OF NORTH CAROLINA INC
- filed_at: 2025-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1093672/000165495425011957/0001654954-25-011957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093672/000165495425011957/pebk_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-011957
- JSON: https://secwatch.observer/filing/0001654954-25-011957.json
- Plain text: https://secwatch.observer/filing/0001654954-25-011957.txt

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