Peoples Bancorp of North Carolina (NASDAQ:PEBK) (NASDAQ:PEBK) is a financial holding company headquartered in Wilmington, North Carolina, serving as the parent organization for Peoples Bank. Established to support community-driven banking, the company traces its roots to a historic local bank chartered in the early 1900s. Over time, it has expanded its footprint while maintaining a focus on personalized service and strong community relationships throughout eastern North Carolina and the southeastern United States.
The company’s core business is commercial and retail banking, offering a comprehensive suite of deposit products, including checking, savings, money market, and certificate of deposit accounts. In addition to traditional deposit services, Peoples Bancorp provides a range of lending solutions for consumers and businesses. These lending offerings include residential and commercial real estate mortgages, construction and development loans, agricultural financing, and lines of credit tailored to small and mid-sized enterprises.
Beyond its deposit and lending operations, Peoples Bancorp of North Carolina offers wealth management and trust services through its dedicated subsidiary. Clients benefit from investment advisory, estate planning, and fiduciary services designed to preserve and grow assets. The company also delivers treasury management solutions—such as online cash management, merchant services and remote deposit capture—to help businesses optimize their liquidity and streamline payment processing.
Leadership at Peoples Bancorp emphasizes local decision-making and customer-focused governance. The board of directors and senior management team include banking veterans with decades of experience in community banking, risk management and commercial finance. Under this leadership, the company remains committed to fostering economic development, supporting small businesses, and maintaining strong capital and credit quality standards while adapting to emerging technologies in the banking industry.
