Peoples Bancorp of North Carolina, Inc. reported third-quarter 2026 net earnings of $5.727 million, compared with $3.692 million a year earlier; diluted earnings per share were $1.05 versus $0.67. Net interest income rose to $16.691 million from $15.119 million, while the provision for credit losses fell to $250,000 from $530,000. Non-interest income decreased to $6.689 million from $7.127 million, and non-interest expense was $15.764 million, down from $16.924 million.
For the nine months ended September 30, net earnings were $15.359 million versus $13.197 million, and operating cash flow was $20.253 million versus $16.082 million. At September 30, 2026, loans were $1.303 billion and deposits were $1.568 billion, compared with $1.204 billion and $1.509 billion, respectively, at December 31, 2025. Unrealized losses on debt securities totaled $48.8 million, compared with $35.6 million at December 31, 2025; the company said these losses primarily reflected market interest-rate changes and were not credit-related.
Douglas S. Howard, a director of Peoples Bancorp of North Carolina (PEBK), purchased 500 common shares at $43.755 per share on October 28, 2026. He directly held 24,227 shares after the purchase. The filing also reports 495 shares held indirectly through his spouse. No Rule 10b5-1 plan is reported.
Peoples Bancorp of North Carolina, Inc. director James S. Abernethy reported selling 1,000 directly held shares on October 28, 2026, at $43.79 per share, with 64,626 shares held directly afterward. On October 29, 2026, 600 shares held indirectly through his son were sold at $43.93 per share, with 34,300 shares held indirectly afterward. No Rule 10b5-1 plan is reported. A separate October 28 holding entry lists 70,441 indirectly held shares, with ownership described as “VP, Sec & Chairman of Alexander Railroad Co.”
Peoples Bancorp of North Carolina (PEBK) director James S. Abernethy gave notice of a proposed sale of 600 common shares through Wells Fargo Clearing Services, with an aggregate market value of $25,958.46. The notice lists October 29, 2026 as the approximate sale date and Nasdaq as the exchange. The shares were acquired by inheritance from Christine Abernethy on November 30, 2020.
For Peoples Bancorp of North Carolina Inc. (PEBK), director James S. Abernethy reported a proposed sale of 1,000 common shares, with an aggregate market value of $43,130.64. The proposed sale date is October 28, 2026, and Wells Fargo Clearing Services and Nasdaq are listed as the broker and exchange. The notice also records that Abernethy acquired 1,000 shares by inheritance from Christine S. Abernethy on November 30, 2020.
Peoples Bancorp of North Carolina Inc. director Billy L. Jr Dr Price purchased 200 shares of Common Stock on October 21, 2026, at $42.285 per share. The shares were held directly, and his reported direct holdings after the purchase were 15,444 shares. No Rule 10b5-1 plan is reported.
Peoples Bancorp of North Carolina, Inc. (PEBK) reported third-quarter 2026 net earnings of $5.7 million, compared with $3.7 million a year earlier; diluted earnings per share were $1.05, versus $0.67. Net interest margin (tax equivalent) was 3.85%, compared with 3.58%. Net interest income was $16.7 million versus $15.1 million, while the provision for credit losses was $250,000 versus $530,000. Non-interest income was $6.7 million, compared with $7.1 million, and non-interest expense was $15.8 million versus $16.9 million. The company attributed higher quarterly earnings to increased net interest income and lower credit-loss provision and non-interest expense, partly offset by lower non-interest income.
For the nine months ended September 30, 2026, net earnings were $15.4 million, compared with $13.2 million, and net interest income was $47.8 million versus $43.7 million. The provision for credit losses was $1.1 million, compared with $585,000; the company attributed the increase to loan growth, with loans increasing $98.6 million during the period. Non-performing assets were $4.3 million, or 0.25% of total assets, at September 30, 2026, compared with $4.2 million and 0.25% at December 31, 2025.
PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) director Robert C. Abernethy reported an indirect sale of 7,000 shares of common stock on September 2, 2026 at an average price of $43.61 per share. The shares were held through Carolina Glove Co., where he serves as President, Secretary and Treasurer, and were reported as indirect ownership.
After the sale, Abernethy reported 101,116 indirectly held shares through Carolina Glove Co., 213,936 directly held shares, and 7,416.1746 indirectly held shares through his spouse. No Rule 10b5-1 trading plan is reported for this transaction.
PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) received a Rule 144 notice for a proposed sale of 7,000 shares of common stock held in an account at Wells Fargo Clearing Services, with an aggregate market value of $303,083.56, based on 5,461,490 shares outstanding as of September 2, 2026.
The securities to be sold were acquired from the issuer via a stock split on June 15, 2007. Recent Rule 144-related sales for the same beneficial owner’s account include transactions in July and August 2026 by Carolina Glove Co.
PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) director James S. Abernethy reported a sale of 500 shares of common stock on September 2, 2026 at a price of $43.50 per share. The sold shares are reported as held indirectly through his son, with 34,900 shares remaining in that indirect account after the sale.
Abernethy also reports 65,626 shares of common stock held directly and 70,441 shares held indirectly through an entity associated with his role as Vice President, Secretary and Chairman of Alexander Railroad Co. No transactions are reported under a Rule 10b5-1 trading plan.