Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) Files An 8-K Submission of Matters to a Vote of Security Holders

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Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 – Submission of Matters to a Vote of Security Holders

Item 5.07
Submission of Matters to a Vote of Security Holders
(a)
Annual Shareholders’ Meeting – May 4, 2017
(b)
Directors elected at the meeting are as follows: James
S. Abernethy, Robert C. Abernethy, Douglas S. Howard,
John W. Lineberger, Jr., Gary E. Matthews, Billy L.
Price, Jr. MD, Larry E. Robinson, William Gregory
Terry, Dan Ray Timmerman, Sr., and Benjamin I. Zachary
At the May 4, 2017 Annual Shareholders’ Meeting the
following items were submitted to a vote of
shareholders:
1)
Election of Directors:
Votes For
Votes Against
Votes Withheld
Broker Non-votes
James S. Abernethy
3,694,087
569,718
882,208
Robert C. Abernethy
3,694,087
569,718
882,208
Douglas S. Howard
3,698,121
565,684
882,208
John W. Lineberger, Jr.
3,541,967
721,838
882,208
Gary E. Matthews
3,698,121
565,684
882,208
Billy L. Price, Jr. MD
3,696,987
566,818
882,208
Larry E. Robinson
3,695,946
567,859
882,208
William Gregory Terry
3,692,988
570,817
882,208
Dan Ray Timmerman, Sr.
3,693,477
570,328
882,208
Benjamin I. Zachary
3,694,229
569,576
882,208
2)
Ratification of appointment of Independent Registered
Public Accountants – Elliott Davis Decosimo PLLC
Votes For – 5,125,257; Votes Against – 12,504; Votes
Abstained – 8,252; Broker Non-votes – 0
( c)
Not applicable


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 00.00 at 29.04 with 2,011 shares trading hands.