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Peoples Bancorp of North Carolina Inc (Parent Company Only) Condensed Financial Statements (Details 2) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net earnings $ 16,353 $ 15,546 $ 16,123
Net cash provided by operating activities 20,558 22,780 22,616
Net cash provided by investing activities (42,624) (753) (255,976)
Net cash used by financing activities (1,043) (11,248) 27,457
Cash and cash equivalents at beginning of period 82,375 71,596 277,499
Cash and cash equivalents at end of period 59,266 82,375 71,596
Parent Company      
Net earnings 16,353 15,546 16,123
Equity in undistributed earnings of subsidiaries (9,255) (8,372) (10,809)
Other assets (138) 24 81
Other liabilities (111) 127 32
Net cash provided by operating activities 6,849 7,325 5,427
Net cash provided by investing activities 0 0 0
Cash dividends paid on common stock (5,047) (5,108) (4,935)
Stock repurchase 1,998 1,997 710
Excise tax on stock repurchase (20) (20) 0
Proceeds from exercise of restricted stock units 51 6 41
Net cash used by financing activities (7,014) (7,119) (5,604)
Net change in cash (165) 206 (177)
Cash and cash equivalents at beginning of period 590 384 561
Cash and cash equivalents at end of period $ 425 $ 590 $ 384