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Peoples Bancorp of North Carolina (Peoples Bancorp of North Carolina) Equity-to-Asset : 0.07 (As of Dec. 2023)


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What is Peoples Bancorp of North Carolina Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Peoples Bancorp of North Carolina's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $121.02 Mil. Peoples Bancorp of North Carolina's Total Assets for the quarter that ended in Dec. 2023 was $1,635.91 Mil. Therefore, Peoples Bancorp of North Carolina's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.

The historical rank and industry rank for Peoples Bancorp of North Carolina's Equity-to-Asset or its related term are showing as below:

PEBK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.1   Max: 0.12
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Peoples Bancorp of North Carolina was 0.12. The lowest was 0.07. And the median was 0.10.

PEBK's Equity-to-Asset is ranked worse than
72.85% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs PEBK: 0.07

Peoples Bancorp of North Carolina Equity-to-Asset Historical Data

The historical data trend for Peoples Bancorp of North Carolina's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Peoples Bancorp of North Carolina Equity-to-Asset Chart

Peoples Bancorp of North Carolina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.10 0.09 0.07 0.07

Peoples Bancorp of North Carolina Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.07 0.07 0.07

Competitive Comparison of Peoples Bancorp of North Carolina's Equity-to-Asset

For the Banks - Regional subindustry, Peoples Bancorp of North Carolina's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Peoples Bancorp of North Carolina's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Peoples Bancorp of North Carolina's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Peoples Bancorp of North Carolina's Equity-to-Asset falls into.



Peoples Bancorp of North Carolina Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Peoples Bancorp of North Carolina's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=121.016/1635.91
=0.07

Peoples Bancorp of North Carolina's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=121.016/1635.91
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Peoples Bancorp of North Carolina  (NAS:PEBK) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Peoples Bancorp of North Carolina Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Peoples Bancorp of North Carolina's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Peoples Bancorp of North Carolina (Peoples Bancorp of North Carolina) Business Description

Traded in Other Exchanges
N/A
Address
518 West C Street, Newton, NC, USA, 28658
Peoples Bancorp of North Carolina Inc is a bank holding company. It is a state-chartered commercial bank serving Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Cornelius, Mooresville, Raleigh, and Cary, North Carolina. It has a diversified loan portfolio with no foreign loans and few agricultural loans. The company's main source of income is dividends declared and paid by the Bank on its capital stock.
Executives
James S Abernethy director
Douglas S Howard director 518 WEST C. STREET, NEWTON NC 28658
Price Billy L Jr Dr director
Benjamin I Zachary director P O BOX 467, NEWTON NC 286580467
Lance A Sellers officer: EVP and Chief Credit Officer
William D Cable officer: EVP and COO P O BOX 467, NEWTON NC 286580467
Timothy Paul Turner officer: EVP, Chief Credit Officer PO BOX 467, NEWTON NC 28658
James Owen Perry officer: EVP Chief Retail Banking Offcr PO BOX 467, NEWTON NC 28658
Kim Boyd-leaks director, officer: Chief Banking Support Officer PO BOX 467, NEWTON NC 28658
Christine S Abernethy 10 percent owner 518 WEST C STREET, NEWTON NC 28658
Robert C Abernethy director, officer: Chairman P O BOX 467, NEWTON NC 286580467
A Joseph Lampron officer: EVP & CFO P O BOX 467, NEWTON NC 286580467
Jeffrey N. Hooper officer: EVP/Chief Financial Officer 518 WEST C ST, NEWTON NC 28658
Lineberger John W Jr director 2200 WEST LOOP STE 900, C/O IEC CO, HOUSTON TX 77027
William Gregory Terry director 218 SOUTH MAIN STREET, NEWTON NC 28658

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