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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	65.95	62.92	55.51	43.08	41.19	42.31
Interest Income on Investments	16.53	17.81	16.36	11.35	5.99	5.64
Total Interest Income	82.48	80.73	71.86	54.43	47.18	47.96
Interest Paid on Deposits	23.95	24.55	14.65	2.58	2.78	2.91
Interest Paid on Borrowings	1.06	2.1	2.5	0.74	0.42	0.93
Total Interest Expense	25.01	26.65	17.14	3.32	3.21	3.84
Net Interest Income	57.47	54.08	54.72	51.11	43.97	44.12
Net Interest Income Growth (YoY)	7.34%	-1.17%	7.07%	16.22%	-0.34%	-3.76%
Mortgage Banking Activities	0.31	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	28.1	27.35	24.92	26.38	22.29	17.85
Total Non-Interest Income	28.41	27.72	22.91	26.69	24.92	22.91
Non-Interest Income Growth (YoY)	6.08%	20.95%	-14.14%	7.10%	8.75%	29.17%
Revenues Before Loan Losses	85.88	81.79	77.63	77.8	68.89	67.04
Provision for Loan Losses	0.38	-0.29	1.57	1.47	-1.16	4.26
Revenue	85.5	82.08	76.07	76.33	70.06	62.78
Revenue Growth (YoY)	6.88%	7.90%	-0.34%	8.95%	11.59%	0.09%
Salaries and Employee Benefits	28.64	28	26.45	25.88	24.33	23.51
Federal Deposit Insurance	0.77	0.76	0.75	0.46	0.42	0.26
Selling, General & Administrative	13.04	12.01	10.62	10.91	10.4	10.33
Other Non-Interest Expense	21.67	20.38	18.33	18.78	15.99	14.83
Total Non-Interest Expense	64.12	61.15	56.14	56.03	51.13	48.93
EBT Excluding Unusual Items	21.39	20.93	19.92	20.3	18.93	13.85
Pretax Income	21.68	20.93	19.92	20.3	18.93	13.85
Income Tax Expense	4.92	4.58	4.38	4.17	3.8	2.49
Net Income	16.76	16.35	15.55	16.12	15.13	11.36
Net Income to Common	16.76	16.35	15.55	16.12	15.13	11.36
Net Income Growth	3.21%	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)	-0.35%	-2.27%	-0.90%	-1.52%	-1.25%	-2.43%
EPS (Basic)	3.16	3.08	2.87	2.94	2.71	2.01
EPS (Diluted)	3.06	2.98	2.77	2.85	2.63	1.95
EPS Growth	3.82%	7.58%	-2.81%	8.37%	34.87%	-17.37%
Dividend Per Share	0.790	0.760	0.760	0.720	0.660	0.600
Dividend Growth	3.95%	-	5.56%	9.09%	10.00%	7.14%
Effective Tax Rate	22.70%	21.86%	21.97%	20.56%	20.05%	17.98%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q