NEWTON, NC / ACCESSWIRE / March 3, 2021 / Peoples Bancorp of North Carolina, Inc. (Nasdaq:PEBK), the parent company of Peoples Bank, Newton, NC announced today that its Board of Directors has authorized a stock repurchase plan, whereby up to $4.0 million will be allocated to repurchase the Company's common stock. At December 31, 2020, the Company had assets of $1.4 billion and stockholder's equity of $139.9 million.
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