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17. Peoples Bancorp of North Carolina, Inc. (Parent Company Only) Condensed Financial Statements (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2020
Dec. 31, 2019
Assets                          
Interest-bearing time deposit                       $ 118,843 $ 720
Investment securities available for sale                       245,249 195,746
Total assets                       1,414,855 1,154,882
Liabilities and Shareholders' Equity                          
Junior subordinated debentures                       15,464 15,619
Liabilities                       1,274,956 1,020,762
Shareholders' equity                       139,899 134,120
Total liabilities and shareholders' equity                       1,414,855 1,154,882
Revenues:                          
Interest and dividend income $ 12,202 $ 11,868 $ 11,638 $ 12,250 $ 12,613 $ 12,430 $ 12,375 $ 12,183 $ 47,958 $ 49,601 $ 45,350    
Expenses:                          
Interest 941 942 912 1,041 1,225 994 781 757 3,836 3,757 2,146    
Income before income tax benefit and equity in undistributed earnings of subsidiaries 2,294 5,622 3,096 2,834 3,638 4,455 4,658 4,452 13,846 17,203 16,006    
Income tax benefit 374 1,113 535 467 672 834 845 785 2,489 3,136 2,624    
Net earnings 1,920 4,509 2,561 2,367 2,966 3,621 3,813 3,667 11,357 14,067 13,382    
Cash flows from operating activities:                          
Net earnings 1,920 $ 4,509 $ 2,561 2,367 2,966 $ 3,621 $ 3,813 3,667 11,357 14,067 13,382    
Change in:                          
Other assets                 (382) 952 (3,695)    
Net cash provided by operating activities                 9,162 13,197 17,187    
Cash flows from investing activities:                          
Proceeds from calls and maturities of investment securities available for sale                 62,408 40,561 48,241    
Net cash provided by investing activities                 (148,972) (48,181) (18,587)    
Cash flows from financing activities:                          
Repayment of junior subordinated debenture                 155 5,000 0    
Net cash used by financing activities                 249,003 44,001 (12,534)    
Net change in cash                 109,193 9,017 (13,934)    
Noncash investing and financing activities:                          
Change in unrealized gain on investment securities available for sale, net                 1,756 2,658 (2,607)    
Parent Company                          
Assets                          
Cash 664     1,187 1,187     689 664 689 428 664 1,187
Interest-bearing time deposit                       1,000 1,000
Investment in subsidiaries                       152,598 146,230
Investment in PEBK Capital Trust II                       464 619
Investment securities available for sale                       0 250
Other assets                       650 476
Total assets                       155,376 149,762
Liabilities and Shareholders' Equity                          
Junior subordinated debentures                       15,464 15,619
Liabilities                       13 23
Shareholders' equity                       139,899 134,120
Total liabilities and shareholders' equity                       $ 155,376 $ 149,762
Revenues:                          
Interest and dividend income                 7,539 12,850 4,544    
Total revenues                 7,539 12,850 4,544    
Expenses:                          
Interest                 370 844 790    
Other operating expenses                 625 629 678    
Total expenses                 995 1,473 1,468    
Income before income tax benefit and equity in undistributed earnings of subsidiaries                 6,544 11,377 3,076    
Income tax benefit                 201 299 299    
Income before equity in undistributed earnings of subsidiaries                 6,745 11,676 3,375    
Equity in undistributed earnings of subsidiaries                 4,612 2,391 10,007    
Net earnings                 11,357 14,067 13,382    
Cash flows from operating activities:                          
Net earnings                 11,357 14,067 13,382    
Adjustments to reconcile net earnings to net cash provided by operating activities:                          
Equity in undistributed earnings of subsidiaries                 (4,612) (2,391) (10,007)    
Change in:                          
Other assets                 (19) 57 13    
Other liabilities                 (10) (13) 6    
Net cash provided by operating activities                 6,716 11,720 3,394    
Cash flows from investing activities:                          
Proceeds from calls and maturities of investment securities available for sale                 250 0 0    
Net cash provided by investing activities                 250 0 0    
Cash flows from financing activities:                          
Repayment of junior subordinated debenture                 (155) (5,000) 0    
Cash dividends paid on common stock                 (4,392) (3,939) (3,133)    
Stock repurchase                 (2,999) (2,490) 0    
Proceeds from exercise of restricted stock units                 57 207 0    
Net cash used by financing activities                 (7,489) (11,222) (3,133)    
Net change in cash                 (523) 498 261    
Cash at beginning of year       $ 1,187       $ 689 1,187 689 428    
Cash at end of year $ 664       $ 1,187       664 1,187 689    
Noncash investing and financing activities:                          
Change in unrealized gain on investment securities available for sale, net                 $ 1,756 $ 2,658 $ (2,607)