Peoples Bancorp of North Carolina, Inc. is the holding company for Peoples Bank. The company is headquartered in Newton, North Carolina, and operates 17 banking offices in the state. In December, PBNC entered into an agreement with the Treasury Department to exchange more than 25,000 shares of the company’s preferred stock and a warrant for more than 357,000 shares of the company’s common stock for $25.1 million in cash through the Capital Purchase Program.
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Federal Equity Investment |
$25.1 million |
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Total Revenue |
$67.2 million (2008) |
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Net Income |
$6.4 million (2008) |
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Number of Employees |
270 |
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Corporate Headquarters |
Newton, North Carolina |
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Business Sector |
Banking |
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Officers and Directors |
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Corporate Website |
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Executive Compensation |
8-K Announcing TARP Acceptance
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Last updated August 5, 2009
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