Peoples Bancorp of North Carolina, Inc. (PEBK)

PEBK Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	64.88	62.92	55.51	43.08	41.19	42.31
Interest Income on Investments	16.67	17.81	16.36	11.35	5.99	5.64
Total Interest Income	81.54	80.73	71.86	54.43	47.18	47.96
Interest Paid on Deposits	24.41	24.55	14.65	2.58	2.78	2.91
Interest Paid on Borrowings	1.23	2.1	2.5	0.74	0.42	0.93
Total Interest Expense	25.64	26.65	17.14	3.32	3.21	3.84
Net Interest Income	55.9	54.08	54.72	51.11	43.97	44.12
Net Interest Income Growth (YoY)	4.82%	-1.17%	7.07%	16.22%	-0.34%	-3.76%
Mortgage Banking Activities	0.3	0.36	0.3	0.39	2.51	2.47
Gain (Loss) on Sale of Assets	-	-	0.18	-0.09	0.11	-
Gain (Loss) on Sale of Investments	0	0.01	-2.49	-	-	2.64
Other Non-Interest Income	28.08	27.35	24.92	26.38	22.29	17.85
Total Non-Interest Income	28.38	27.72	22.91	26.69	24.92	22.91
Non-Interest Income Growth (YoY)	7.25%	20.95%	-14.14%	7.10%	8.75%	29.17%
Revenues Before Loan Losses	84.28	81.79	77.63	77.8	68.89	67.04
Provision for Loan Losses	0.15	-0.29	1.57	1.47	-1.16	4.26
Revenue	84.13	82.08	76.07	76.33	70.06	62.78
Revenue Growth (YoY)	6.23%	7.90%	-0.34%	8.95%	11.59%	0.09%
Salaries and Employee Benefits	28.21	28	26.45	25.88	24.33	23.51
Federal Deposit Insurance	0.76	0.76	0.75	0.46	0.42	0.26
Selling, General & Administrative	11.97	12.01	10.62	10.91	10.4	10.33
Other Non-Interest Expense	20.97	20.38	18.33	18.78	15.99	14.83
Total Non-Interest Expense	61.92	61.15	56.14	56.03	51.13	48.93
EBT Excluding Unusual Items	22.22	20.93	19.92	20.3	18.93	13.85
Pretax Income	22.22	20.93	19.92	20.3	18.93	13.85
Income Tax Expense	5.19	4.58	4.38	4.17	3.8	2.49
Net Income	17.02	16.35	15.55	16.12	15.13	11.36
Net Income to Common	17.02	16.35	15.55	16.12	15.13	11.36
Net Income Growth	3.78%	5.19%	-3.58%	6.54%	33.25%	-19.27%
Basic Shares Outstanding	5	5	5	5	6	6
Diluted Shares Outstanding	5	5	6	6	6	6
Shares Change (YoY)	-1.06%	-2.27%	-0.90%	-1.52%	-1.25%	-2.43%
EPS (Basic)	3.21	3.08	2.87	2.94	2.71	2.01
EPS (Diluted)	3.11	2.98	2.77	2.85	2.63	1.95
EPS Growth	4.77%	7.58%	-2.81%	8.37%	34.87%	-17.37%
Dividend Per Share	0.780	0.760	0.760	0.720	0.660	0.600
Dividend Growth	2.63%	-	5.56%	9.09%	10.00%	7.14%
Effective Tax Rate	23.38%	21.86%	21.97%	20.56%	20.05%	17.98%

Updated Jul 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q