PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	114.3M	114.6M	97.8M	85.8M	70.7M
Cost of Revenue	41.3M	25.5M	26.4M	18.7M	4.8M
Gross Profit	73.0M	89.1M	71.4M	67.1M	65.9M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	38.9M	37.2M	29.8M	28.1M	27.3M
General & Admin Expense	37.8M	37.2M	29.0M	27.4M	26.6M
Selling & Marketing Expense	1.1M	—	791.0K	750.0K	693.0K
Other Expenses	21.8M	26.0M	20.7M	19.0M	18.3M
Total Operating Expenses	60.7M	63.2M	50.5M	47.1M	45.6M
Cost and Expenses	102.0M	88.7M	76.9M	65.9M	50.4M
Operating Income (EBIT)	12.3M	25.9M	20.9M	19.9M	20.3M
Non-Operating
Interest Income	85.6M	83.6M	80.7M	71.9M	54.4M
Interest Expense	23.1M	24.6M	26.7M	17.1M	3.3M
Net Interest Income	62.5M	59.0M	54.1M	54.7M	51.1M
Other Non-Op Income/Expense	16.2M	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	28.5M	25.9M	20.9M	19.9M	20.3M
Income Tax Expense	6.5M	6.0M	4.6M	4.4M	4.2M
Bottom Line
Net Income	22.0M	19.8M	16.4M	15.5M	16.1M
Earnings from Cont. Ops	22.0M	19.8M	16.4M	15.5M	16.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	22.0M	19.8M	16.4M	15.5M	16.1M
Per Share
Basic EPS	$4.15	$2.94	$3.08	$2.87	$2.94
Diluted EPS	$4.00	$2.94	$2.98	$2.77	$2.85
Revenue Per Share	$21.55	$16.98	$18.45	$15.83	$12.90
Shares
Basic Shares Outstanding	5.3M	6.7M	5.3M	5.4M	5.5M
Diluted Shares Outstanding	5.5M	6.7M	5.5M	5.6M	5.7M
Profitability Metrics
EBITDA	14.2M	28.6M	23.8M	23.0M	26.3M
D&A	1.9M	2.7M	2.9M	3.1M	6.0M
EBIT	12.3M	25.9M	20.9M	19.9M	20.3M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026