Peoples Bancorp Files 8-K on Financial Results
Ticker: PEBK · Form: 8-K · Filed: Jan 22, 2024 · CIK: 1093672
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, 8-K
TL;DR
**Peoples Bancorp just filed an 8-K, signaling upcoming financial results; get ready for the numbers!**
AI Summary
Peoples Bancorp of North Carolina, Inc. filed an 8-K on January 22, 2024, to announce its results of operations and financial condition. This filing indicates the company is providing an update on its financial performance, which is crucial for investors to assess the bank's health and profitability. Shareholders and potential buyers should pay close attention to the detailed financial statements that will be released, as they will reveal key metrics like revenue, net income, and asset quality, directly impacting the stock's valuation and future prospects.
Why It Matters
This filing signals that Peoples Bancorp is about to release its financial performance data, which is essential for investors to understand the company's current health and future outlook. The details in the upcoming financial statements will directly influence investor sentiment and stock price.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of an upcoming financial report, which is standard for public companies and does not inherently present new risks.
Analyst Insight
A smart investor would prepare to review the full financial statements and exhibits once they are released to understand the company's performance and make informed decisions. This filing is a heads-up, not the full picture.
Key Players & Entities
- Peoples Bancorp of North Carolina, Inc. (company) — the registrant filing the 8-K
- January 22, 2024 (date) — date of earliest event reported
- 000-27205 (other) — Commission File No.
- 56-2132396 (other) — IRS Employer Identification No.
FAQ
What is the primary purpose of this 8-K filing by Peoples Bancorp of North Carolina, Inc.?
The primary purpose of this 8-K filing, dated January 22, 2024, is to report on 'Results of Operations and Financial Condition' under Item 2.02 and 'Financial Statements and Exhibits' under Item 9.01, indicating the company is providing an update on its financial performance.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on January 22, 2024, as stated under 'Date of Report (Date of earliest event reported): January 22, 2024'.
What is the address of the principal executive offices for Peoples Bancorp of North Carolina, Inc.?
The address of the principal executive offices for Peoples Bancorp of North Carolina, Inc. is 518 West C Street, Newton, North Carolina, 28658.
What is the Commission File Number for Peoples Bancorp of North Carolina, Inc.?
The Commission File Number for Peoples Bancorp of North Carolina, Inc. is 000-27205.
Under which items of Form 8-K are the details of this filing categorized?
The details of this filing are categorized under Item 2.02 – Results of Operations and Financial Condition, and Item 9.01 – Financial Statements and Exhibits.
Filing Stats: 612 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2024-01-22 10:09:09
Filing Documents
- pebk_8k.htm (8-K) — 27KB
- pebk_ex99a.htm (EX-99.A) — 249KB
- 0001654954-24-000784.txt ( ) — 401KB
- pebk-20240122.xsd (EX-101.SCH) — 6KB
- pebk-20240122_lab.xml (EX-101.LAB) — 12KB
- pebk-20240122_cal.xml (EX-101.CAL) — 1KB
- pebk-20240122_pre.xml (EX-101.PRE) — 8KB
- pebk-20240122_def.xml (EX-101.DEF) — 2KB
- pebk_8k_htm.xml (XML) — 3KB
02 – Results of Operations and Financial Condition
Item 2.02 – Results of Operations and Financial Condition 3
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits 3
Signatures
Signatures 4 Exhibit (99)(a) Press Release dated January 22, 2024 5 2
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On January 22, 2024, Peoples Bancorp of North Carolina, Inc. (the "Company") issued a press release announcing fourth quarter and full year 2023 earnings results. The press release contains forward-looking statements regarding the Company and includes cautionary language identifying important factors that could cause actual results to differ materially from those anticipated. The press release is furnished as Exhibit 99(a). Consequently, it is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. Such materials may only be incorporated by reference into another filing under the Exchange Act or the Securities Act of 1933 if such subsequent filing specifically references this Form 8-K.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits (99)(a) Press Release dated January 22, 2024 Disclosure about forward-looking statements The Company undertakes no obligation to publicly revise these 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. 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PEOPLES BANCORP OF NORTH CAROLINA, INC. Date: January 22, 2024 By: /s/ Jeffrey N. Hooper Jeffrey N. Hooper Executive Vice President and Chief Financial Officer 4