<SEC-DOCUMENT>0001140361-12-007427.txt : 20120213
<SEC-HEADER>0001140361-12-007427.hdr.sgml : 20120213
<ACCEPTANCE-DATETIME>20120213164851
ACCESSION NUMBER:		0001140361-12-007427
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20111231
FILED AS OF DATE:		20120213
DATE AS OF CHANGE:		20120213

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ZACHARY BENJAMIN I
		CENTRAL INDEX KEY:			0001183130

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27205
		FILM NUMBER:		12599845

	MAIL ADDRESS:	
		STREET 1:		P O BOX 467
		CITY:			NEWTON
		STATE:			NC
		ZIP:			286580467

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEOPLES BANCORP OF NORTH CAROLINA INC
		CENTRAL INDEX KEY:			0001093672
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				562132396
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		518 WEST C STREET
		CITY:			NEWTON
		STATE:			NC
		ZIP:			28658-4007
		BUSINESS PHONE:		8284645620

	MAIL ADDRESS:	
		STREET 1:		PO BOX 467
		CITY:			NEWTON
		STATE:			NC
		ZIP:			28658-0467
</SEC-HEADER>
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    <derivativeTable></derivativeTable>

    <footnotes></footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Benjamin I. Zachary</signatureName>
        <signatureDate>2012-02-13</signatureDate>
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