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16. Peoples Bancorp of North Carolina, Inc. (Parent Company Only) Condensed Financial Statements (Tables)
12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Balance Sheets
Balance Sheets       
             
December 31, 2016 and 2015       
(Dollars in thousands)       
             
Assets   2016     2015  
             
Cash   $ 957       553  
Interest-bearing time deposit     1,000       1,000  
Investment in subsidiaries     124,471       121,848  
Investment in PEBK Capital Trust II     619       619  
Investment securities available for sale     750       1,234  
Other assets     275       249  
                 
Total assets   $ 128,072       125,503  
                 
Liabilities and Shareholders' Equity                
                 
Junior subordinated debentures   $ 20,619       20,619  
Liabilities     25       20  
Shareholders' equity     107,428       104,864  
                 
Total liabilities and shareholders' equity   $ 128,072       125,503  
Statements of Earnings
Statements of Earnings          
                   
For the Years Ended December 31, 2016, 2015 and 2014          
(Dollars in thousands)          
                   
Revenues:   2016     2015     2014  
                   
Interest and dividend income   $ 4,569       3,979       2,718  
Gain on sale of securities     405       -       -  
                         
Total revenues     4,974       3,979       2,718  
                         
Expenses:                        
                         
Interest     485       403       389  
Other operating expenses     513       538       527  
                         
Total expenses     998       941       916  
                         
Income before income tax benefit and equity in                        
undistributed earnings of subsidiaries     3,976       3,038       1,802  
                         
Income tax benefit     178       262       239  
                         
Income before equity in undistributed                        
earnings of subsidiaries     4,154       3,300       2,041  
                         
Equity in undistributed earnings of subsidiaries     5,023       6,333       7,347  
                         
Net earnings   $ 9,177       9,633       9,388  
Statements of Cash Flows
Statements of Cash Flows          
                   
For the Years Ended December 31, 2016, 2015 and 2014          
(Dollars in thousands)          
                   
    2016     2015     2014  
Cash flows from operating activities:                  
                   
Net earnings   $ 9,177       9,633       9,388  
Adjustments to reconcile net earnings to net                        
cash provided (used) by operating activities:                        
Equity in undistributed earnings of subsidiaries     (5,023 )     (6,333 )     (7,347 )
Gain on sale of investment securities     (405 )     -       -  
Change in:                        
Other assets     61       (4 )     28  
Accrued income     -       -       (5 )
Accrued expense     5       3       1  
Other liabilities     -       -       (12,632 )
                         
Net cash provided by operating activities     3,815       3,299       (10,567 )
                         
Cash flows from investing activities:                        
                         
Proceeds from maturities of investment securities available for sale     669       -       500  
In kind transfer from parent to Bank     10       -       -  
Net change in interest-bearing time deposit     -       -       (1,000 )
                         
Net cash provided (used) by investing activities     679       -       (500 )
                         
Cash flows from financing activities:                        
                         
Cash dividends paid on common stock     (2,106 )     (1,574 )     (1,022 )
Stock repurchase     (1,984 )     (1,917 )     (82 )
Proceeds from exercise of stock options     -       -       37  
                         
Net cash used by financing activities     (4,090 )     (3,491 )     (1,067 )
                         
Net change in cash     404       (192 )     (12,134 )
                         
Cash at beginning of year     553       745       12,879  
                         
Cash at end of year   $ 957       553       745  
                         
Noncash investing and financing activities:                        
Change in unrealized gain on investment securities                        
 available for sale, net   $ (2,523 )     57       6,625  
    Accrued redemption of Series A Preferred Stock     -       -       (12,524 )