secwatch.observer — SEC 8-K summary
======================================

Issuer:     PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK)
CIK:        0001093672
Form:       8-K
Filed at:   2026-07-20T13:30:27+00:00
Accession:  0001654954-26-006729
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Bancorp Q2 2026 net earnings flat at $5.2M; EPS $0.98 vs $0.97 YoY; NIM expands to 3.80%
--------------------------------------------------------------------------------

- Net earnings $5.2M ($0.98 basic EPS) vs $5.2M ($0.97) in Q2 2025; diluted EPS $0.96 vs $0.95.
- Net interest margin 3.80% for Q2 2026 vs 3.57% a year ago; net interest income rose to $16.0M from $14.6M.
- Total loans grew to $1.28B at June 30, 2026, up $75.2M from Dec 31, 2025; provision for credit losses increased to $293K from a recovery of $213K.
- Non-performing assets $5.2M (0.29% of assets) vs $4.2M (0.25%) at Dec 31, 2025; allowance for credit losses on loans 0.83% of loans.
- Core deposits (non-GAAP) $1.44B, 91.63% of total deposits; cash dividends $0.59 per share YTD vs $0.56 prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1093672/000165495426006729/0001654954-26-006729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1093672/000165495426006729/pebk_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-006729

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