PEOPLES BANCORP OF NORTH CAROLINA INC

Peoples Bancorp of North Carolina, Inc. operates as a bank holding company through its primary subsidiary, Peoples Bank, serving individuals and small-to-medium-sized businesses across the United States. The company provides a range of banking and financial services centered on deposit products and lending operations. Its loan portfolio includes commercial real estate, commercial, construction and land development, single-family residential mortgage, and agricultural loans. Beyond traditional banking, the company offers investment counseling, brokerage services for stocks, bonds, mutual funds, and tax-deferred annuities.

The company generates revenue through multiple channels spanning retail banking, commercial lending, and ancillary financial services. A notable business line involves providing appraisal services to community banks on a clearinghouse basis, alongside real estate appraisal and brokerage services offered directly. The company also manages real property and other collateral acquired through debt collection activities.

Headquartered in Newton, North Carolina, Peoples Bancorp operates as a regional bank with roots extending to its founding in 1912. The organization maintains a market capitalization of approximately $200 million and operates as a publicly traded company on Nasdaq. While specific employee and revenue figures are not disclosed in available data, the scale and service offerings position it as a community-focused financial institution typical of regional bank holding companies.