Peoples bancorp of north carolina inc (PEBK)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and due from banks, including reserve requirements of $0 at 3/31/20 and $13,210 at 12/31/19

46,164

48,337

48,605

38,138

35,318

40,553

44,743

45,481

32,849

53,186

55,718

54,100

55,491

53,613

47,653

47,524

45,566

29,194

39,681

45,725

47,730

51,213

34,887

54,522

50,906

49,902

53,977

28,082

19,754

32,617

24,323

25,350

23,944

22,532

44,077

38,792

22,521

Interest-bearing deposits

20,705

720

80,948

684

15,896

2,817

12,298

24,074

34,985

4,118

37,538

20,955

31,959

16,481

35,191

17,150

30,826

10,569

4,944

9,954

19,783

17,885

50,636

20,546

28,006

26,871

26,973

52,634

52,624

16,226

31,581

44,127

24,160

6,704

796

2,843

1,456

Federal funds sold

36,650

3,330

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

103,519

52,387

129,553

38,822

51,214

43,370

57,041

69,555

67,834

57,304

93,256

75,055

87,450

70,094

82,844

64,674

76,392

39,763

44,625

55,679

67,513

69,098

85,523

75,068

78,912

76,773

80,950

80,716

72,378

48,843

55,904

69,477

48,104

29,236

44,873

41,635

23,977

Certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

735

735

Investment securities available for sale

201,514

195,746

186,263

188,972

184,428

194,578

205,966

210,055

213,299

229,321

235,736

241,320

244,862

249,946

262,423

265,114

264,092

268,530

268,821

273,469

282,575

281,099

279,787

297,165

300,756

297,890

301,788

293,151

293,925

297,823

281,785

280,735

299,303

321,388

325,730

297,606

272,449

Other investments

7,229

4,231

7,239

4,296

4,329

4,361

4,394

4,427

1,834

1,830

2,680

2,680

2,679

2,635

3,634

3,634

3,633

3,636

3,912

3,911

3,912

4,031

4,706

4,706

4,706

4,990

5,215

5,215

5,215

5,599

5,599

5,734

6,205

5,712

5,779

5,840

5,761

Total securities

208,743

199,977

193,502

193,268

188,757

198,939

210,360

214,482

215,133

231,151

238,416

244,000

247,542

252,581

266,057

268,748

267,725

272,166

272,733

277,380

286,487

285,130

284,493

301,871

305,462

302,880

307,003

298,366

299,140

303,422

287,384

286,469

305,508

327,100

331,509

303,446

278,210

Mortgage loans held for sale

6,149

4,417

4,263

2,309

361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans held for sale

-

-

-

-

-

680

-

-

-

857

-

-

-

5,709

-

-

-

4,149

-

-

-

1,375

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans held for sale

-

-

-

-

-

-

1,740

671

503

-

2,623

3,513

1,340

-

2,776

3,024

996

-

1,679

2,063

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

806

-

887

2,048

635

497

2,201

6,002

3,834

6,922

5,984

3,753

6,256

5,146

2,148

1,967

3,814

Loans

880,564

849,874

845,599

833,367

823,557

804,023

786,724

781,884

765,824

759,764

747,437

745,038

735,861

723,811

713,019

702,031

693,033

689,091

684,800

666,767

660,477

651,891

650,550

633,336

618,040

620,960

617,061

608,072

609,965

619,974

625,782

642,815

658,343

670,497

677,665

692,813

726,160

Less allowance for loan losses

8,112

6,680

6,578

6,541

6,561

6,445

6,295

6,277

6,373

6,366

6,844

7,167

7,263

7,550

8,045

8,540

9,116

9,589

10,420

10,378

10,843

11,082

12,343

12,675

12,978

13,501

13,854

14,029

14,412

14,423

16,551

16,640

16,612

16,604

16,348

15,984

15,493

Net loans

872,452

843,194

839,021

826,826

816,996

797,578

780,429

775,607

759,451

753,398

740,593

737,871

728,598

716,261

704,974

693,491

683,917

679,502

674,380

656,389

649,634

640,809

638,207

620,661

605,062

607,459

603,207

594,043

595,553

605,551

609,231

626,175

641,731

653,893

661,317

676,829

710,667

Premises and equipment, net

18,370

18,604

18,730

19,184

18,247

18,450

19,453

19,606

19,732

19,911

19,697

19,385

18,597

16,452

16,553

16,209

16,408

16,976

16,831

16,503

16,745

17,000

17,482

16,762

16,419

16,358

16,543

16,635

16,616

15,874

16,091

16,342

16,629

16,896

17,074

17,513

17,334

Cash surrender value of life insurance

16,414

16,319

16,222

16,126

16,031

15,936

15,839

15,743

15,647

15,552

15,452

15,351

15,251

14,952

14,853

14,753

14,652

14,546

14,440

14,333

14,229

14,125

14,020

13,914

13,809

13,706

13,597

13,487

13,379

13,273

13,142

13,040

12,937

12,835

12,721

7,660

7,539

Other real estate

-

-

26

10

27

27

0

90

62

118

0

0

0

283

26

235

85

739

2,349

3,424

3,424

2,016

1,840

3,532

3,282

1,679

2,751

4,401

4,588

6,254

6,595

6,505

8,020

7,576

5,985

7,115

6,673

Right of use lease asset

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right of use lease asset

3,427

3,622

3,816

4,000

4,193

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest receivable and other assets

-

-

-

-

-

18,271

-

-

-

13,875

-

-

-

11,659

-

-

-

10,640

-

-

10,617

10,941

11,483

13,996

15,183

15,332

16,489

14,390

12,792

13,377

12,277

13,328

14,142

14,381

13,992

16,067

18,703

Accrued interest receivable and other assets

15,753

16,362

18,066

16,027

15,322

-

15,430

15,418

14,869

-

11,516

11,809

11,496

-

9,525

9,215

10,169

-

10,158

11,440

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

1,244,827

1,154,882

1,223,199

1,116,572

1,111,148

1,093,251

1,100,292

1,111,172

1,093,231

1,092,166

1,121,553

1,106,984

1,110,274

1,087,991

1,097,608

1,070,349

1,070,344

1,038,481

1,037,195

1,037,211

1,049,455

1,040,494

1,053,935

1,047,852

1,038,764

1,034,684

1,042,741

1,028,040

1,018,280

1,013,516

1,006,608

1,035,089

1,053,327

1,067,063

1,089,619

1,072,967

1,067,652

Liabilities and Shareholders' Equity
Deposits:
Noninterest-bearing demand

349,513

338,004

339,081

321,154

310,053

298,817

306,834

313,976

294,998

285,406

287,794

276,614

275,369

271,851

253,134

238,542

246,677

244,231

217,517

216,475

217,603

210,758

211,832

206,655

195,465

195,265

188,860

172,055

168,156

161,582

152,281

147,825

149,628

136,878

136,154

132,288

114,792

NOW, MMDA & savings

535,366

516,757

509,611

488,461

493,773

475,223

478,898

489,426

496,044

498,445

486,051

483,440

494,273

477,054

460,767

452,247

452,158

431,052

423,917

417,026

432,541

407,504

403,240

397,305

399,847

386,893

384,429

385,014

378,755

371,719

354,386

353,076

-

366,133

-

-

-

NOW, MMDA & savings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

355,688

-

354,048

346,808

332,511

Time, $250,000 or more

22,725

34,269

33,082

14,096

20,362

16,239

16,777

17,371

17,927

18,756

21,318

22,462

24,262

26,771

26,627

25,675

26,352

26,891

31,036

33,252

36,237

47,872

109,489

112,201

116,200

49,168

120,153

123,612

127,772

134,733

143,189

156,974

176,428

193,045

215,573

212,440

241,366

Other time

76,354

77,487

79,794

80,516

83,926

86,934

90,950

94,239

98,655

104,345

106,476

109,969

114,510

117,242

121,419

124,936

127,930

130,001

134,091

142,048

143,579

148,566

92,234

95,318

99,023

168,035

104,849

107,752

109,149

113,491

118,614

122,671

126,055

131,055

135,266

138,874

150,043

Total deposits

983,958

966,517

961,568

904,227

908,114

877,213

893,459

915,012

907,624

906,952

901,639

892,485

908,414

892,918

861,947

841,400

853,117

832,175

806,561

808,801

829,960

814,700

816,795

811,479

810,535

799,361

798,291

788,433

783,832

781,525

768,470

780,546

807,799

827,111

841,041

830,410

838,712

Demand notes payable to U.S. Treasury

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,096

1,252

1,600

Securities sold under agreements to repurchase

28,535

24,221

21,927

47,733

41,231

58,095

55,766

46,570

38,257

37,757

53,307

49,977

42,163

36,434

50,920

42,715

36,056

27,874

47,240

48,285

38,702

48,430

47,020

46,764

43,319

45,396

48,174

45,971

37,388

34,578

43,136

50,510

43,479

39,600

47,701

44,512

34,094

FHLB borrowings

70,000

0

70,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FHLB borrowings

-

-

-

-

-

-

-

-

-

-

20,000

20,000

20,000

20,000

43,500

43,500

43,500

43,500

50,000

50,000

50,000

50,000

65,000

65,000

65,000

65,000

70,000

70,000

70,000

70,000

70,000

70,000

70,000

70,000

70,000

70,000

70,000

Junior subordinated debentures

15,464

15,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

Lease liability

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability

3,458

3,647

3,835

4,013

4,193

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest payable and other liabilities

9,556

10,758

12,567

10,053

10,407

13,707

10,729

10,805

10,249

10,863

9,835

9,971

8,941

10,592

9,974

10,331

9,292

9,449

9,868

9,120

8,660

8,080

8,294

10,943

10,880

20,589

9,985

7,665

8,163

9,047

7,549

18,574

-

6,706

-

-

-

Accrued interest payable and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,024

-

6,212

5,641

5,769

Total liabilities

1,110,971

1,020,762

1,090,516

986,645

984,564

969,634

980,573

993,006

976,749

976,191

1,005,400

993,052

1,000,137

980,563

986,960

958,565

962,584

933,617

934,288

936,825

947,941

941,829

957,728

954,805

950,353

950,965

947,069

932,688

920,002

915,769

909,774

940,249

948,921

964,036

986,669

972,434

970,794

Commitments

-

-

-

-

-

-

0

0

-

-

0

0

0

0

0

-

0

0

-

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

-

0

0

Shareholders' equity:
Series A preferred stock, $1,000 stated value; authorized 5,000,000 shares; no shares issued and outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

0

12,524

12,524

12,524

12,524

12,524

12,298

24,793

24,758

24,722

24,687

24,617

Common stock, no par value; authorized 20,000,000 shares; issued and outstanding 5,787,504 shares at March 31, 2020 and 5,912,300 shares at December 31, 2019

56,871

59,813

59,813

60,390

62,151

62,096

62,096

62,096

62,096

62,096

45,102

45,039

44,745

44,187

44,188

46,171

46,171

46,171

46,512

46,748

48,088

48,088

48,170

48,170

48,133

48,133

48,133

48,133

48,133

48,133

48,004

48,298

48,298

48,298

48,289

48,289

48,281

Retained earnings

71,251

70,663

68,528

65,738

62,757

60,535

57,882

55,198

52,806

50,286

66,539

63,954

61,801

60,254

59,502

57,594

55,189

53,183

51,442

49,397

47,110

45,124

43,648

41,433

39,109

36,758

35,810

34,218

32,911

31,478

30,815

29,617

27,817

26,895

25,577

24,644

23,573

Accumulated other comprehensive income

5,734

3,644

4,342

3,799

1,676

986

-259

872

1,580

3,593

4,512

4,939

3,591

2,987

6,958

8,019

6,400

5,510

4,953

4,241

6,316

5,453

4,389

3,444

1,169

-1,172

-795

477

4,710

5,612

5,491

4,627

3,498

3,076

4,362

2,913

387

Total shareholders' equity

133,856

134,120

132,683

129,927

126,584

123,617

119,719

118,166

116,482

115,975

116,153

113,932

110,137

107,428

110,648

111,784

107,760

104,864

102,907

100,386

101,514

98,665

96,207

93,047

88,411

83,719

95,672

95,352

98,278

97,747

96,834

94,840

104,406

103,027

102,950

100,533

96,858

Total liabilities and shareholders' equity

1,244,827

1,154,882

1,223,199

1,116,572

1,111,148

1,093,251

1,100,292

1,111,172

1,093,231

1,092,166

1,121,553

1,106,984

1,110,274

1,087,991

1,097,608

1,070,349

1,070,344

1,038,481

1,037,195

1,037,211

1,049,455

1,040,494

1,053,935

1,047,852

1,038,764

1,034,684

1,042,741

1,028,040

1,018,280

1,013,516

1,006,608

1,035,089

1,053,327

1,067,063

1,089,619

1,072,967

1,067,652