Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) Files An 8-K Results of Operations and Financial Condition
Item 2.02 – Results of Operations and Financial Condition
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Item 9.01 – Financial Statements and Exhibits
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Exhibit (99)(a) Press Release dated January 23, 2017
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Item 2.02.
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Results of Operations and Financial Condition
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issued a press release announcing fourth quarter and annual
2016 earnings results.
(99)(a) and is incorporated by reference herein.
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Item 9.01.
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Financial Statements and Exhibits
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(d)
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Exhibits
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(99)(a)
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Press release, dated January 23, 2017
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historical information, should be considered forward-looking
statements to the safe harbor provisions of the Securities
Exchange Act of 1934 and the Private Securities Litigation
Act of 1995. These forward-looking statements involve risks
and uncertainties and are based on the beliefs and
assumptions of management and on the information available to
management at the time that this report was prepared. These
statements can be identified by the use of words like
“expect,” “anticipate,” “estimate,” and “believe,”
variations of these words and other similar expressions.
Readers should not place undue reliance on forward-looking
statements as a number of important factors could cause
actual results to differ materially from those in the
forward-looking statements. Factors that might cause such a
difference include, but are not limited to, changes in
interest rate environment, management’s business strategy,
national, regional, and local market conditions and
legislative and regulatory conditions.
forward-looking statements to reflect subsequent events or
circumstances. Readers should also carefully review the risk
factors described in other documents the Company files from
time to time with the Securities and Exchange Commission.
About Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK)
Peoples Bancorp of North Carolina, Inc. is a holding company for Peoples Bank (the Bank). The Bank is a state-chartered commercial bank, which serves the citizens and business interests of the Catawba Valley and surrounding communities. The Bank has approximately 20 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Monroe, Cornelius, Mooresville Raleigh and North Carolina. The Bank also operates loan production offices in Denver, Durham and Winston-Salem, North Carolina. The Bank has approximately 679.5 million loans and 832.2 million deposits. The Bank operates approximately four offices focused on the Latino population under the name Banco de la Gente (Banco) and these offices are operated as a division of the Bank. The Bank’s loan portfolio consists of commercial real estate loans, commercial loans, construction and land development loans, and residential mortgage loans. Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) Recent Trading Information
Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) closed its last trading session down -0.10 at 25.50 with 49,542 shares trading hands.