PEOPLES BANCORP OF NORTH CAROLINA INC

Regulatory Filings • Mar 26, 2008

8-K 1 form8kmar242008.htm 8-K FOR MARCH 24, 2008 form8kmar242008.htm Licensed to: Peoples Bank Document Created using EDGARizer 4.0.5.0 Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved

| UNITED
STATES |
| --- |
| SECURITIES
AND EXCHANGE COMMISSION |
| Washington,
D.C. 20549 |
| ______ |

| FORM
8-K | |
| --- | --- |
| CURRENT
REPORT PURSUANT TO SECTION 13 OR 15(D) | |
| OF
THE SECURITIES EXCHANGE ACT OF 1934 | |
| Date
of Report (Date of earliest event
reported): March 24,
2008 | |
| Peoples Bancorp of
North Carolina, Inc. | |
| (Exact
Name of Registrant as Specified in Its Charter) | |
| North
Carolina | |
| (State
or Other Jurisdiction of Incorporation) | |
| 000-27205 | 56-2132396 |
| (Commission
File No.) | (IRS
Employer Identification No.) |
| 518 West C Street,
Newton, North Carolina | 28658 |
| (Address
of Principal Executive Offices) | (Zip
Code) |
| (828)
464-5620 | |
| (Registrant’s
Telephone Number, Including Area Code) | |
| Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following
provisions: | |
| Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425) | |
| Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12) | |
| Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) | |
| Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) | |

| Peoples
Bancorp of North Carolina, Inc. |
| --- |
| INDEX |

	Page
Item
8.01 - Other Matters	3
Item
9.01 - Financial Statements and Exhibits	3
Signatures	4
Exhibit
(99)(a) Press release dated March 24, 2008	5

2

Item 8.01. Other Matters

On March 24, 2008, Peoples Bancorp of North Carolina, Inc. issued a press release announcing the Board of Directors’ approval to repurchase up to 100,000 additional shares of the Company’s common stock under its existing Stock Repurchase Plan.

A copy of the press release is attached hereto as Exhibit (99)(a) and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits

(d)	Exhibits
(99)(a)	Press
release, dated March 24, 2008

Disclosure about forward-looking statements

This Form 8-K contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated 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.

Readers should not place undue reliance on forward-looking statements, which reflect management’s view only as of the date hereof. The 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.

3

| SIGNATURES |
| --- |
| Pursuant
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. |

| PEOPLES
BANCORP OF NORTH CAROLINA, INC. — By: |
| --- |
| A.
Joseph Lampron |
| Executive
Vice President and Chief Financial
Officer |

4