Peoples Bancorp of North Carolina

Peoples Bancorp of North Carolina, Inc. is a holding company for Peoples Bank (the Bank). The Bank is a state-chartered commercial bank, which serves the citizens and business interests of the Catawba Valley and surrounding communities. The Bank has approximately 20 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Monroe, Cornelius, Mooresville Raleigh and North Carolina. The Bank also operates loan production offices in Denver, Durham and Winston-Salem, North Carolina. The Bank has approximately 679.5 million loans and 832.2 million deposits. The Bank operates approximately four offices focused on the Latino population under the name Banco de la Gente (Banco) and these offices are operated as a division of the Bank. The Bank's loan portfolio consists of commercial real estate loans, commercial loans, construction and land development loans, and residential mortgage loans.
Type
Public
HQ
Newton, US
Size (employees)
284 (est)
Peoples Bancorp of North Carolina is headquartered in Newton, US

Peoples Bancorp of North Carolina Office Locations

Peoples Bancorp of North Carolina has an office in Newton
Newton, US (HQ)
518 W C St

Peoples Bancorp of North Carolina Data and Metrics

Peoples Bancorp of North Carolina Financial Metrics

Peoples Bancorp of North Carolina's revenue was reported to be $12.9 m in Q1, 2017
USD

Revenue (Q1, 2017)

12.9 m

Gross profit (Q1, 2017)

12.3 m

Gross profit margin (Q1, 2017), %

95%

Net income (Q1, 2017)

2.2 m

EBIT (Q1, 2017)

9.7 m

Market capitalization (21-Jul-2017)

174.3 m

Cash (31-Mar-2017)

87.5 m
Peoples Bancorp of North Carolina's current market capitalization is $174.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

36.7 m38.4 m38.7 m53.8 m

Revenue growth, %

5%1%39%

Cost of goods sold

5.4 m4.3 m3.5 m3.3 m

Gross profit

31.3 m34.1 m35.2 m50.5 m

Gross profit Margin, %

85%89%91%94%

Operating expense total

32.8 m35.7 m35.8 m40 m

EBIT

28.8 m34.8 m35.2 m37.7 m

EBIT margin, %

78%91%91%70%

Pre tax profit

8.6 m11.3 m12.7 m11.7 m

Income tax expense

1.9 m1.9 m3.1 m2.6 m

Net Income

6.7 m9.4 m9.6 m9.2 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017

Revenue

12.4 m12.7 m12.8 m12.8 m12.5 m13.2 m13.4 m13.4 m12.9 m

Cost of goods sold

1.1 m1.1 m1.1 m884 k875 k874 k813 k828 k598 k

Gross profit

11.3 m11.6 m11.7 m11.9 m11.6 m12.3 m12.6 m12.6 m12.3 m

Gross profit Margin, %

91%91%92%93%93%93%94%94%95%

Sales and marketing expense

4.3 m4.2 m4.3 m4.8 m4.3 m4.6 m4.9 m5.1 m5.5 m

General and administrative expense

1.7 m1.8 m

Operating expense total

4.3 m4.2 m4.3 m4.8 m6 m6.4 m4.9 m5.1 m5.5 m

EBIT

8.8 m8.4 m8.3 m8.5 m8.5 m8.8 m9.5 m9.5 m9.7 m

EBIT margin, %

71%66%65%66%68%67%71%71%75%

Pre tax profit

3.5 m3.5 m2.9 m3 m3.5 m3.4 m4 m3.3 m2.8 m

Income tax expense

923 k916 k475 k679 k866 k942 k1 m872 k578 k

Net Income

2.6 m5.1 m7.6 m2.3 m5 m7.4 m5.4 m7.9 m2.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

76.8 m69.1 m39.8 m70.1 m

Inventories

723.8 m

PP&E

16.4 m17 m17 m16.5 m

Total Assets

1 b1 b1 b1.1 b

Accounts Payable

892.9 m

Total Liabilities

980.6 m

Retained Earnings

36.8 m45.1 m53.2 m60.3 m

Total Equity

83.7 m98.7 m104.9 m107.4 m

Financial Leverage

12.4 x10.5 x9.9 x10.1 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017

Cash

78.9 m75.1 m85.5 m67.5 m55.7 m44.6 m64.7 m82.8 m87.5 m

Inventories

618 m633.3 m650.6 m660.5 m666.8 m684.8 m702 m713 m735.9 m

PP&E

16.4 m16.8 m17.5 m16.7 m16.5 m16.8 m16.2 m16.6 m18.6 m

Total Assets

1 b1 b1.1 b1 b1 b1 b1.1 b1.1 b1.1 b

Accounts Payable

810.5 m811.5 m816.8 m830 m808.8 m806.6 m841.4 m861.9 m908.4 m

Retained Earnings

39.1 m41.4 m43.6 m47.1 m49.4 m51.4 m57.6 m59.5 m61.8 m

Total Equity

88.4 m93 m96.2 m101.5 m100.4 m102.9 m111.8 m110.6 m110.1 m

Financial Leverage

11.7 x11.3 x11 x10.3 x10.3 x10.1 x9.6 x9.9 x10.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

6.7 m9.4 m9.6 m9.2 m

Depreciation and Amortization

8.5 m6.9 m6.1 m5.4 m

Cash From Operating Activities

14.4 m13.9 m12.2 m

Cash From Investing Activities

(19.2 m)(11.9 m)(30.1 m)(23.6 m)

Cash From Financing Activities

9.7 m(10.2 m)(13.1 m)41.7 m

Interest Paid

5.5 m4.4 m2.7 m3.4 m

Income Taxes Paid

2.3 m1.9 m2.3 m2 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017

Net Income

2.6 m5.1 m7.6 m2.3 m5 m7.4 m5.4 m7.9 m2.2 m

Depreciation and Amortization

1.7 m3.3 m5.3 m1.5 m3 m4.5 m2.9 m4.2 m1.2 m

Cash From Operating Activities

(7.2 m)7.2 m12.5 m4.7 m8.2 m14.3 m8.9 m12.4 m6.7 m

Cash From Investing Activities

488 k(9.5 m)(9.6 m)(11.5 m)(13.5 m)(26.7 m)(18.6 m)

Cash From Financing Activities

8.9 m545 k5.9 m5.2 m(8.1 m)(12 m)23.1 m49.3 m20.6 m

Interest Paid

1.3 m2.2 m3.3 m904 k1.7 m2.6 m1.6 m2.4 m297 k

Income Taxes Paid

837 k1.6 m749 k1.5 m2.9 m3.2 m
USDY, 2017

Revenue/Employee

45.6 k

Financial Leverage

10.1 x

Peoples Bancorp of North Carolina Market Value History

Peoples Bancorp of North Carolina Online and Social Media Presence

Peoples Bancorp of North Carolina Company Life and Culture

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