Peoples Bancorp of North Carolina, Inc. (OQ:PEBK)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 518 W C St, 518 WEST C STREET
NEWTON NC 28658-4007
Tel: 1-828-4645620
Website: N/A
IR: N/A
<
Key People
Lance A. Sellers
President, Chief Executive Officer
Jeffrey N. Hooper
Chief Financial Officer, Executive Vice President, Corporate Treasurer, Assistant Corporate Secretary of the Company and Executive Vice President, Chief Financial Officer of the Bank
William D. Cable
Executive Vice President, Assistant Corporate Treasurer, Corporate Secretary of the Company and Executive Vice President and Chief Operating Officer of the Bank
Kimberly Boyd-Leaks
Executive Vice President and Chief Banking Support Officer of the Company and the Bank, Director
James O. Perry
Executive Vice President and Chief Retail Officer of the Bank
Timothy P. Turner
Executive Vice President and Chief Credit Officer of the Bank
Business Overview
Peoples Bancorp of North Carolina, Inc. serves as the holding company for Peoples Bank (the Bank). The Bank is a state-chartered commercial bank. The Bank has a diversified loan portfolio, with no foreign loans and few agricultural loans. The Bank's loan portfolio also includes Individual Taxpayer Identification Number (ITIN) mortgage loans generated through its former Banco offices. It has four subsidiaries, such as Peoples Investment Services, Inc., Real Estate Advisory Services, Inc., Community Bank Real Estate Solutions, LLC (CBRES) and PB Real Estate Holdings, LLC. Peoples Investment Services, Inc. provides the Bank's customers access to investment counseling and non-deposit investment products. Real Estate Advisory Services, Inc. provides real estate appraisal and real estate brokerage services. CBRES serves as a clearinghouse for appraisal services for community banks. PB Real Estate Holdings, LLC acquires, manages, and disposes of real property, other collateral, and assets.
Financial Overview
For the fiscal year ended 31 December 2023, Peoples Bancorp of North Carolina, Inc. interest income increased 32% to $71.9M. Net interest income after loan loss provision increased 4% to $53.2M. Net income decreased 4% to $15.5M. Net interest income after loan loss provision reflects Banking operation segment increase of 8% to $54.2M, Net Interest Margin, Total - % increase of 9% to 3.51%.
Employees: 277 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $221.31M as of Dec 31, 2023
Annual revenue (TTM): $71.86M as of Dec 31, 2023
EBITDA (TTM): $25.55M as of Dec 31, 2023
Net annual income (TTM): $15.55M as of Dec 31, 2023
Free cash flow (TTM): $15.72M as of Dec 31, 2023
Net Debt Last Fiscal Year: $69.36M as of Dec 31, 2023
Shares outstanding: 5,455,999 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.