PEBK PEOPLES BANCORP OF NORTH CAROLINA INC

Overview and Growth

In fiscal 2025, PEOPLES BANCORP OF NORTH CAROLINA INC reported net income of $19.83M. The company reported diluted EPS of $3.62, adding a shareholder-level measure to the absolute income figures considered below. Against diluted EPS of $2.98 in fiscal 2024, the current result was 21.5% higher. A diluted share base of 5.47M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. Compared with 5.48M diluted shares in fiscal 2024, the current 5.47M base was 0.2% lower. At period end, total assets were $1.70B, framing the scale of the bank’s balance-sheet commitments and providing the base for evaluating earnings returns, capitalization, liquidity, and its shareholder-capital buffer.

Profitability

Net income was $19.83M, providing the bank’s bottom-line earnings result for the fiscal year. Pretax income was $25.85M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Income tax expense totaled $6.02M, providing the reported tax component that separates pretax and after-tax earnings. Relative to pretax income, the tax provision measured 23.3%, quantifying the portion of pre-tax earnings paid in income tax. The relationship between net income and period-end equity was 12.6%, indicating the profitability achieved on book capital. Return on period-end assets was 1.2%, connecting net income with the company’s total asset base. The company moved from fiscal 2024 net income of $16.35M to $19.83M, with the current outcome ending above that comparison. The balance-sheet-intensive banking model makes net income, return on assets, and return on equity the most relevant links between earnings and financial scale. Return on assets connects earnings to the full financial balance sheet, while return on equity shows the result relative to shareholder capital; together they separate operating scale from capitalization and clarify the relationship between them.

Liquidity and Capital Structure

The company held $1.70B of assets against $1.55B of liabilities and $157.12M of equity, revealing how the asset base was financed. Reported cash and equivalents were $58.10M, separating immediately recognizable cash resources from the rest of the current-asset base. The equity-to-assets relationship was 9.2%, placing book capital against the total resource base. Relative to total assets, liabilities measured 90.8%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 3.4% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 3.0% from $1.65B in fiscal 2024, leaving current total assets higher year over year. Reported equity changed 20.3% from $130.56M in fiscal 2024, placing the current capital base higher year over year. The reported cash balance changed 2.0% from $59.27M in fiscal 2024, ending lower year over year. The mix of equity and liabilities is central to a bank’s resilience because book capital provides the balance sheet’s principal loss-absorbing layer. Year-over-year movement in total assets shows whether the banking platform expanded or contracted, while the accompanying change in book equity shows how shareholder capital moved alongside that balance-sheet scale.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.