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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, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net earnings $ 3,439 $ 4,127 $ 4,808 $ 3,172 $ 4,147 $ 5,307 $ 3,217 $ 3,452 $ 15,546 $ 16,123 $ 15,133
Other assets                 310 3,465 554
Net cash provided by operating activities                 22,780 22,657 26,900
Net cash used by investing activities                 (753) (255,976) (106,138)
Net cash (used) provided by financing activities                 (11,248) 27,416 195,157
Parent Company                      
Net earnings                 15,546 16,123 15,133
Equity in undistributed earnings of subsidiaries                 (8,372) (10,809) (8,422)
Other assets                 24 81 545
Other liabilities                 127 32 0
Net cash provided by operating activities                 7,325 5,427 7,256
Net cash used by investing activities                 0 0 0
Cash dividends paid on common stock                 (5,108) (4,935) (3,793)
Stock repurchase                 1,997 710 3,605
Excise tax on stock repurchase                 (20) 0 0
Proceeds from exercise of restricted stock units                 6 41 39
Net cash (used) provided by financing activities                 (7,119) (5,604) (7,359)
Net change in cash and cash equivalents                 206 (177) (103)
Cash at beginning of year       $ 384       $ 561 384 561 664
Cash at end of year $ 590       $ 384       $ 590 $ 384 $ 561