Peoples Bancorp of North Carolina, Inc. Overview
Pro stress-test →Peoples Bancorp of North Carolina operates as the holding company for Peoples Bank, headquartered in Newton, North Carolina. The company provides various banking products and services for individuals and small-to medium-sized businesses in the United States. Founded in 1912, the company has grown from a single office to 15 convenient offices across Catawba, Lincoln, Iredell, Alexander and Mecklenburg counties.
Strategic Profile
Pro stress-test →The company positions itself as a full-service, hometown community bank with an extensive array of products and services for personal and commercial banking needs. The bank originates commercial real estate, commercial, construction and land development loans, single-family residential mortgages, and agricultural loans; it also provides investment counseling and non-deposit investment products. The company tailors banking and financial services to individuals, small businesses, and municipal clients in western North Carolina, offering deposit products and consumer and commercial lending solutions.
Competitive Landscape
Pro stress-test →Peoples Bancorp operates as a regional mid-Atlantic bank in the financial services sector, competing with other community banks and regional financial institutions. The company's competitive advantages include 114 years of operating history, deep community relationships in Western North Carolina, and a comprehensive service suite. Competitors include other regional banks focused on small-to-medium business lending and community banking in the Southeast.
Industry Context
Peoples Bancorp of North Carolina, Inc. operates in Regional Community Banking - Mid-Atlantic Banks.
Key facts
Founded: 1912 · Headquarters: Newton, North Carolina · Employees: 201-500 · Revenue: $99.96M · Market cap: $215.36M