PEOPLES BANCORP OF NORTH CAROLINA INC

Regulatory Filings • Nov 20, 2017

8-K 1 form8k.htm FORM 8-K NOV 16, 2017 Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2017 Issuer Direct Corporation Blueprint

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): November 16,
2017
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))

page break

| Peoples Bancorp of
North Carolina, Inc. | |
| --- | --- |
| INDEX | |
| | Page |
| Item
8.01 – Other Events | 3 |
| Item
9.01 – Financial Statements and Exhibits | 3 |
| Signatures | 4 |
| Exhibit (99)(a)
Press Release dated November 20, 2017 | 5 |

2

page break

Item 8.01. Other Events

On November 16, 2017, the Board of Directors of Peoples Bancorp of North Carolina, Inc. declared a cash dividend in the amount of $0.12 per share and a 10% stock dividend. The cash dividend will be paid based on the number of shares held by shareholders on the record date of December 4, 2017. As a result of the stock dividend, each shareholder will receive one new share of stock for every ten shares of stock they hold as of the record date of December 4, 2017. The payable date for the cash dividend and stock dividend is December 15, 2017.

A copy of the press release announcing the cash dividend and stock dividend 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 November 20, 2017

Disclosure about forward-looking statements

Statements 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.

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

page break

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.
Date:
November 20, 2017	By: /s/ A. Joseph Lampron,
Jr.
	A.
Joseph Lampron, Jr.
	Executive
Vice President and Chief Financial Officer

4

page break