Peoples Bancorp of North Carolina, Inc.

Type: Public
On the web: http://www.peoplesbanknc.com
Employees: 292
Employee growth: 1.4%

Peoples Bancorp of North Carolina owns Peoples Bank, which serves the Catawba Valley region of North Carolina through about 20 locations. It also runs Banco de la Gente ("Peoples Bank" in Spanish), which serves the area's Latino community. The banks offer standard services such as checking and savings accounts, CDs, mortgages (more than half of the company's loan portfolio), construction loans (nearly 30%), and business and consumer loans. Peoples Bank has two subsidiaries: Peoples Investment Services, which provides financial planning and investment products through an agreement with Raymond James Financial, and Real Estate Advisory Services, a real estate brokerage and appraisal services firm.

Key numbers for fiscal year ending December, 2011:
Sales: $59.8M
One year growth: (2.9%)
Net income: $5.2M
Income growth: 180.2%

Officers:
Chairman, Peoples Bancorp of North Carolina and Peoples Bank: Robert C. Abernethy
President and CEO, Peoples Bancorp of North Carolina and Peoples Bank; President, Community Bank Real Estate Solutions, Peoples Investment Services, and Real Estate Advisory Services: Tony W. Wolfe
EVP, CFO, and Treasurer; EVP and CFO, Peoples Bank: A. Joseph Lampron Jr.

Competitors:
Bank of America
BB&T
First Citizens BancShares