Peoples Bancorp Announces Cash Dividend

World News: . []

NEWTON, N.C., May 19, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp of North Carolina, Inc. (Nasdaq:PEBK) declared a cash dividend for the second quarter of 2017 in the amount of $0.12 per share at their most recent meeting.  The cash dividend will be paid on June 15, 2017 to shareholders of record on June 2, 2017.      

Shareholders are encouraged to enroll in the Company’s Dividend Reinvestment and Stock Purchase Plan.   For details, contact Krissy Price at (828) 464-5620 or (800) 948-7195 or you may email any questions to our transfer agent, Broadridge Corporate Issuer Solutions, Inc. at .

Peoples Bank, the wholly-owned subsidiary of Peoples Bancorp of North Carolina, Inc. operates 19 banking offices entirely in North Carolina, with offices in Catawba, Alexander, Lincoln, Mecklenburg, Iredell and Wake Counties.  The Bank also operates a loan production office in Lincoln County.  The Company’s common stock is publicly traded and is quoted on the Nasdaq Global Market under the symbol “PEBK.”

Lance A. Sellers
President and Chief Executive Officer

A. Joseph Lampron, Jr.
Executive Vice President and Chief Financial Officer

828-464-5620, Fax 828-465-6780

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Globe Newswire: 17:32 GMT Friday 19th May 2017

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