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Peoples Bancorp of North Carolina Inc (Parent Company Only) Condensed Financial Statements (Details 2) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net earnings $ 4,147 $ 5,307 $ 3,217 $ 3,452 $ 3,007 $ 3,390 $ 4,615 $ 4,121 $ 16,123 $ 15,133 $ 11,357
Other assets                 3,920 554 596
Net cash provided by operating activities                 22,657 26,900 9,162
Proceeds from calls and maturities of investment securities available for sale                 7,875 9,540 62,408
Net cash used by investing activities                 (255,976) (106,138) (148,972)
Net cash (used) provided by financing activities                 27,416 195,157 249,003
Net cash provided by financing activities                 27,416 195,157 249,003
Net change in cash and cash equivalents                 (205,903) 115,919 109,193
Parent Company                      
Net earnings                 16,123 15,133 11,357
Equity in undistributed earnings of subsidiaries                 (10,809) (8,422) (4,612)
Other assets                 81 545 (19)
Other liabilities                 32 0 (10)
Net cash provided by operating activities                 5,427 7,256 6,716
Proceeds from calls and maturities of investment securities available for sale                 0 0 250
Net cash used by investing activities                 0 0 250
Repayments of Junior Subordinated Debentures                 0 0 155
Cash dividends paid on common stock                 (4,935) (3,793) (4,392)
Stock repurchase                 710 3,605 (2,999)
Proceeds from exercise of restricted stock units                 41 39 57
Net cash (used) provided by financing activities                 (5,604) (7,359) (7,489)
Net cash provided by financing activities                 (5,604) (7,359) (7,489)
Net change in cash and cash equivalents                 (177) (103) (523)
Cash at beginning of year       $ 561       $ 664 561 664 1,187
Cash at end of year $ 384       $ 561       $ 384 $ 561 $ 664