Business
Peoples Bancorp Announces Fourth Quarter and Full Year 2025 Results
NEWTON, NC / ACCESS Newswire / January 26, 2026 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported fourth quarter and full year 2025 results with highlights as follows: ...
About this update from Peoples Bancorp Of North Carolina, Inc.
[{"type":"text","content":"NEWTON, NC / ACCESS Newswire / January 26, 2026 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported fourth quarter and full year 2025 results with highlights as follows:","length":268,"tagName":"p"},{"type":"text","content":"Fourth quarter 2025 highlights:","length":31,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net earnings were $6.6 million or $1.25 per share and $1.21 per diluted share for the three months ended December 31, 2025, as compared to $3.6 million or $0.67 per share and $0.65 per diluted share for the same period one year ago.","length":232,"tagName":"p"}]},{"val":[{"type":"text","content":"During the three months ended December 31, 2025, the Bank recognized a $3.0 million net gain on the North Carolina Department of Transportation ("NCDOT") eminent domain acquisition of the Bank's former Mooresville branch office, situated on NC Highway 150 in Mooresville, NC for the widening of NC Highway 150.","length":324,"tagName":"p"}]},{"val":[{"type":"text","content":"Net interest margin was 3.62% for the three months ended December 31, 2025, compared to 3.39% for the three months ended December 31, 2024.","length":139,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":695,"olType":false},{"type":"text","content":"Full year 2025 highlights:","length":26,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net earnings were $19.8 million or $3.74 per share and $3.62 per diluted share for the year ended December 31, 2025, as compared to $16.4 million or $3.08 per share and $2.98 diluted share for the prior year.","length":208,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash dividends were $0.96 per share for the year ended December 31, 2025, compared to $0.92 per share for the prior year.","length":121,"tagName":"p"}]},{"val":[{"type":"text","content":"Total loans were $1.20 billion at December 31, 2025, compared to $1.14 billion at December 31, 2024.","length":100,"tagName":"p"}]},{"val":[{"type":"text","content":"Non-performing assets were $4.2 million or 0.25% of total assets at December 31, 2025, compared to $4.8 million or 0.29% of total assets at December 31, 2024.","length":158,"tagName":"p"}]},{"val":[{"type":"text","content":"Total deposits...