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16. Peoples Bancorp of North Carolina, Inc. (Parent Company Only) Condensed Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Balance Sheets | Balance Sheets December 31, 2018 and 2017 (Dollars in thousands)
Assets |  | 2018 |  | 2017
Cash |  | $ | 689 |  |  |  | 428 |
Interest-bearing time deposit |  |  | 1,000 |  |  |  | 1,000 |
Investment in subsidiaries |  |  | 141,181 |  |  |  | 133,781 |
Investment in PEBK Capital Trust II |  |  | 619 |  |  |  | 619 |
Investment securities available for sale |  |  | 250 |  |  |  | 250 |
Other assets |  |  | 533 |  |  |  | 546 |
Total assets |  | $ | 144,272 |  |  |  | 136,624 |
Liabilities and Shareholders' Equity |  |  |  |  |  |  |  |
Junior subordinated debentures |  | $ | 20,619 |  |  |  | 20,619 |
Liabilities |  |  | 36 |  |  |  | 30 |
Shareholders' equity |  |  | 123,617 |  |  |  | 115,975 |
Total liabilities and shareholders' equity |  | $ | 144,272 |  |  |  | 136,624 |
Statements of Earnings | Statements of Earnings For the Years Ended December 31, 2018, 2017 and 2016 (Dollars in thousands)
Revenues: |  | 2018 |  | 2017 |  | 2016
Interest and dividend income |  | $ | 4,544 |  |  |  | 1,839 |  |  |  | 4,569 |
Gain on sale of securities |  |  | — |  |  |  | — |  |  |  | 405 |
Total revenues |  |  | 4,544 |  |  |  | 1,839 |  |  |  | 4,974 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Interest |  |  | 790 |  |  |  | 590 |  |  |  | 485 |
Other operating expenses |  |  | 678 |  |  |  | 725 |  |  |  | 513 |
Total expenses |  |  | 1,468 |  |  |  | 1,315 |  |  |  | 998 |
Income before income tax benefit and equity in |  |  |  |  |  |  |  |  |  |  |  |
undistributed earnings of subsidiaries |  |  | 3,076 |  |  |  | 524 |  |  |  | 3,976 |
Income tax benefit |  |  | 299 |  |  |  | 434 |  |  |  | 178 |
Income before equity in undistributed |  |  |  |  |  |  |  |  |  |  |  |
earnings of subsidiaries |  |  | 3,375 |  |  |  | 958 |  |  |  | 4,154 |
Equity in undistributed earnings of subsidiaries |  |  | 10,007 |  |  |  | 9,310 |  |  |  | 5,023 |
Net earnings |  | $ | 13,382 |  |  |  | 10,268 |  |  |  | 9,177 |
Statements of Cash Flows | Statements of Cash Flows For the Years Ended December 31, 20178, 2017 and 2016 (Dollars in thousands)
|  | 2018 |  | 2017 |  | 2016
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Net earnings |  | $ | 13,382 |  |  |  | 10,268 |  |  |  | 9,177 |
Adjustments to reconcile net earnings to net |  |  |  |  |  |  |  |  |  |  |  |
cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed earnings of subsidiaries |  |  | (10,007 | ) |  |  | (9,310 | ) |  |  | (5,023 | )
Gain on sale of investment securities |  |  | — |  |  |  | — |  |  |  | (405 | )
Change in: |  |  |  |  |  |  |  |  |  |  |  |
Other assets |  |  | 13 |  |  |  | (272 | ) |  |  | 61 |
Other liabilities |  |  | 6 |  |  |  | 5 |  |  |  | 5 |
Net cash provided by operating activities |  |  | 3,394 |  |  |  | 691 |  |  |  | 3,815 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from calls and maturities of investment securities |  |  |  |  |  |  |  |  |  |  |  |
available for sale |  |  | — |  |  |  | 500 |  |  |  | 669 |
In kind transfer from parent to Bank |  |  | — |  |  |  | — |  |  |  | 10 |
Net cash provided by investing activities |  |  | — |  |  |  | 500 |  |  |  | 679 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Cash dividends paid on common stock |  |  | (3,133 | ) |  |  | (2,629 | ) |  |  | (2,106 | )
Cash in lieu stock dividend |  |  | — |  |  |  | (6 | ) |  |  | — |
Stock repurchase |  |  | — |  |  |  | — |  |  |  | (1,984 | )
Proceeds from exercise of restricted stock units |  |  | — |  |  |  | 915 |  |  |  | — |
Net cash used by financing activities |  |  | (3,133 | ) |  |  | (1,720 | ) |  |  | (4,090 | )
Net change in cash |  |  | 261 |  |  |  | (529 | ) |  |  | 404 |
Cash at beginning of year |  |  | 428 |  |  |  | 957 |  |  |  | 553 |
Cash at end of year |  | $ | 689 |  |  |  | 428 |  |  |  | 957 |
Noncash investing and financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Change in unrealized gain on investment securities |  |  |  |  |  |  |  |  |  |  |  |
available for sale, net |  | $ | (2,607 | ) |  |  | (1 | ) |  |  | (2,523 | )

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