PEOPLES BANCORP OF NORTH CAROLINA INC
Close on Oct 19, 2026
- Market cap
- $240.30M
- P/E (TTM)
- 12.1
- Dividend yield
- 2.19%
About Peoples Bancorp Of North Carolina
State Commercial Banks, SIC 6022
Peoples Bancorp of North Carolina, Inc. operates as the bank holding company for Peoples Bank, a state-chartered commercial bank providing diversified financial services. The institution offers deposit accounts, investment counseling, non-deposit brokerage services such as mutual funds and stocks, real estate appraisals, and appraisal clearing-house solutions. Its lending activities concentrate on commercial real estate and business loans across varied industries, alongside consumer financing. The company primarily serves individuals as well as small- to medium-sized commercial enterprises.
The organization operates 15 banking offices and four loan production offices within North Carolina, with branches situated across communities such as Newton, Charlotte, Lincolnton, Hickory, and Mooresville. Its primary market spans an approximate 50-mile radius around Newton in the Catawba Valley region. Peoples Bancorp maintains corporate headquarters in Newton, North Carolina, and employs 268 full-time and eight part-time personnel.
Summary of the business section of Peoples Bancorp Of North Carolina's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PEOPLES BANCORP OF NORTH CAROLINA INC
- Founded
- 1912
- Headquarters
- Newton, NC
- Address
- 518 West C Street, Po Box 467 28658-4007
- Phone
- (828) 464-5620
- Employees
- 268, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- North Carolina
- Fiscal year ends
- December 31
- Auditor
- Forvis Mazars, LLP, Charlotte, North Carolina
Stock & identifiers
- Ticker
- PEBK
- Exchange
- Nasdaq
- Shares outstanding
- 5M, Jul 31, 2026
- Public float
- $133.58M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 11-for-10, Dec 1, 2017; 3-for-2, Jun 18, 2007; 11-for-10, Jun 1, 2006; 11-for-10, Mar 1, 2005; 110-for-100, Apr 6, 2000; 3-for-2, Mar 23, 1999; 11-for-10, Apr 29, 1997
- SEC CIK
- 1093672
- CUSIP
- 710577107
- ISIN
- US7105771072
- EIN
- 56-2132396
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeffrey N. Hooper | EVP/Chief Financial Officer | 7 |
| Carol S. Shinn | EVP, Chief Operations Officer | 1,305 |
| Timothy Paul Turner | EVP, Chief Credit Officer | 2,292 |
| William D. Cable | President and CEO | 25,514 |
| Jody G. Street | EVP Chief Commercial Bkg Offcr | 2,405 |
| Robert C. Abernethy | Director | 322,468 |
| James S. Abernethy | Director | 170,967 |
| Robert C. Abernethy JR | Director | 59,598 |
| Billy L. Jr Dr Price | Director | 15,244 |
| Michael B. Hollar | Director | 502 |
| Ashton V. Abernethy | Director | 43,838 |
| William Gregory Terry | Director | 20,466 |
| Douglas S. Howard | Director | 24,038 |
| Benjamin I. Zachary | Director | 123,307 |
| Gary E. Matthews | Director | 32,076 |
| Larry E. Robinson | Director | 67,915 |
| Dan Ray Timmerman Sr | Director | 114,035 |
| Dan Ray Timmerman JR | Director | 4,244 |
| John W. Lineberger Jr | Director | 5,638 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Cable | $0 | $0 | $371.69K | $123140 | – |
| FY2024 Mr. Cable | $653.63K | $542.13K | $218.06K | $125270 | – |
| FY2023 Mr. Cable | $649.37K | $546.47K | $370.78K | $120160 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2025, the Company employed 268 full-time employees and eight part-time employees, which equated to 273 full-time equivalent employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 7, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Feb 27, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 23, 2015 | Auditor change | Change in certifying accountant (8-K Item 4.01) |