{"url_path":"/sec/pebk/8-k/2026-07-21/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-21","source_url":"https://www.sec.gov/Archives/edgar/data/1093672/0001654954-26-006769-index.html","accession_number":"0001654954-26-006769","cik":"0001093672","ticker":"PEBK","issuer_name":"PEOPLES BANCORP OF NORTH CAROLINA INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1093672/0001654954-26-006769-index.html","primary_entity_key":"0001093672","primary_entity_name":"PEOPLES BANCORP OF NORTH CAROLINA INC"},"word_count":418,"has_tables":true,"body_markdown":"**Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers**\n\n \n\n(d) On July 16, 2026, the Boards of Directors of Peoples Bancorp of North Carolina, Inc. (the “Company”) and its wholly-owned subsidiary, Peoples Bank (the “Bank”) elected Michael B. Hollar to the Boards of Directors of the Company and the Bank.\n\n \n\nThere are no arrangements or understandings between Mr. Hollar and any other person pursuant to which Mr. Hollar was appointed to serve on the Boards of Directors. There are no family relationships between Mr. Hollar and any other director or executive officer of the Company, and there have been no transactions between Mr. Hollar and the Company in the last fiscal year, and none are currently proposed that would require disclosure under Item 404(a) of Regulation S-K.\n\n \n\nMr. Hollar has not been appointed to any committees of the Company or Bank Board of Directors at this time.\n\n \n\n**Disclosure about forward-looking statements**\n\n \n\nStatements made in this Form 8-K, other than those concerning historical information, should be considered forward-looking statements pursuant to the safe harbor provisions of the Securities Exchange Act of 1934 and the Private Securities Litigation Act of 1995. These forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of management and on the information available to management at the time that this report was prepared. These statements can be identified by the use of words like “expect,” “anticipate,” “estimate,” and “believe,” variations of these words and other similar expressions. Readers should not place undue reliance on forward-looking statements as a number of important factors could cause actual results to differ materially from those in the forward-looking statements.****Factors that might cause such a difference include, but are not limited to, changes in interest rate environment, management’s business strategy, national, regional, and local market conditions and legislative and regulatory conditions.\n\n \n\nThe Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. Readers should also carefully review the risk factors described in other documents the Company files from time to time with the Securities and Exchange Commission.\n\n \n\n \n\n3\n\n*Table of Contents*\n\n \n\n**SIGNATURES**\n\n \n\nPursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.\n\n \n\n \n\nPEOPLES BANCORP OF NORTH CAROLINA, INC.\n\n \n\n \n\n \n\n \n\nDate: July 21, 2026\n\nBy:\n\n/s/ Jeffrey N. Hooper\n\n \n\n \n\nJeffrey N. Hooper\n\n \n\n \n\nExecutive Vice President and Chief Financial Officer\n\n \n\n \n\n \n\n4"}