Peoples Bancorp of North Carolina

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Peoples Bancorp of North Carolina is a publicly traded financial holding company based in Newton, North Carolina. The company was founded in 1911 and provides a range of financial services to individuals and businesses, including commercial and consumer banking, mortgage banking, and wealth management.
The company operates through its wholly-owned subsidiary, Peoples Bank, which has 22 branches located throughout North Carolina. Peoples Bank offers various deposit products, including checking and savings accounts, certificates of deposit, and retirement accounts. It also provides loans for personal, business, and real estate purposes.
Peoples Bancorp of North Carolina is listed on the NASDAQ stock exchange under the ticker symbol PEBK. As of 2021, the company has total assets of approximately $2.4 billion. It is committed to serving the financial needs of its local community and prides itself on providing personalized and responsive customer service.
Peoples Bancorp of North Carolina has been recognized for its financial performance and community involvement. In 2021, the company was named one of the Top 200 Community Banks in America by American Banker Magazine. It has also received numerous awards for its philanthropic efforts and community outreach programs.
The company's mission is to be a trustworthy financial institution that provides excellent service, supports its local community, and delivers value to its shareholders.

1. Local Focus: Peoples Bancorp of North Carolina is a community bank that is solely focused on serving the needs of individuals and businesses in North Carolina. Their deep knowledge of the local market and commitment to the community sets them apart from larger, national banks.
2. Long History: The company has a long history dating back to 1912, giving them more than a hundred years of experience in the banking industry. This history has allowed them to establish strong relationships with customers and develop a deep understanding of the local economy.
3. Customer-Oriented: Peoples Bancorp of North Carolina prides itself on providing personalized and exceptional customer service, which has helped them build a loyal customer base. They make an effort to understand the unique needs of each customer and provide tailored solutions to meet their financial goals.
4. Ethical Practices: The company follows a strong set of ethical practices and values, which has earned them a reputation for trust and reliability. They conduct business with transparency and integrity, ensuring that customers feel confident and secure in their banking relationships.
5. Commitment to Technology: Despite being a local bank, Peoples Bancorp of North Carolina is committed to leveraging technology to enhance the customer experience. They offer a range of digital banking services and have a user-friendly mobile app that allows customers to manage their finances conveniently and securely.
6. Strong Financial Performance: The company has a track record of financial strength and stability, with consistently strong earnings and a healthy balance sheet. This demonstrates their commitment to long-term sustainability and success, which is beneficial for both customers and shareholders.
7. Community Involvement: Peoples Bancorp of North Carolina is deeply committed to giving back to the communities they serve through various philanthropic efforts. They partner with local organizations and actively participate in community events, showcasing their dedication to making a positive impact beyond just banking services.

The Peoples Bancorp of North Carolina is a bank holding company that provides a range of financial products and services to individuals and businesses in North Carolina. Its business model is based on traditional banking operations, including:
1. Commercial and retail banking: Peoples Bancorp offers a variety of checking and savings accounts, personal and business loans, credit cards, and other financial services to its customers.
2. Mortgage lending: The company has a mortgage division that offers home loans and other related products to customers.
3. Wealth management and investment services: Peoples Bancorp provides investment planning, asset management, and other wealth management services to help clients achieve their financial goals.
4. Insurance services: The company offers a range of insurance options, such as life, health, and property and casualty insurance, to protect its customers' assets and well-being.
5. Online and mobile banking: Peoples Bancorp offers online and mobile banking services, allowing customers to access their accounts, pay bills, transfer funds, and manage their finances conveniently.
The company's primary source of revenue is the interest income generated from lending activities, such as loans and mortgages, and the fees earned from other financial services. Its business model is centered on providing personalized and customer-focused financial solutions, building long-term relationships with clients, and maintaining a strong presence in the communities it serves.

1. Peoples Bancorp of North Carolina was founded in 1912 in Newton, North Carolina.
2. The company operates as the holding company for Peoples Bank, a community bank with over 20 branches throughout western North Carolina.
3. Peoples Bank has been recognized as one of the top small business lenders in the state of North Carolina by the U.S. Small Business Administration.
4. The bank has over $2 billion in total assets and offers a wide range of banking and financial services, including personal and business banking, loans, mortgages, and investment services.
5. Peoples Bancorp of North Carolina has been listed on the NASDAQ stock exchange since 1980 under the ticker symbol PEBK.
6. The company has a strong commitment to its local community and has been recognized for its philanthropic efforts, receiving the Governor’s Volunteer Service Award and the Western North Carolina Outstanding Philanthropic Corporation Award.
7. In 2020, Peoples Bancorp of North Carolina was recognized as one of the best community banks in the country by Forbes in their annual list of America’s Best Banks.
8. In addition to banking and financial services, Peoples Bancorp of North Carolina also offers insurance services through its subsidiary, Peoples Insurance Agency.
9. The company has been consistently profitable, reporting over 100 consecutive quarters of profitability in its over 100-year history.
10. Peoples Bancorp of North Carolina is dedicated to utilizing technology to improve its services and has introduced innovative banking solutions such as mobile banking, online bill pay, and remote deposit capture.