PEOPLES BANCORP OF NORTH CAROLINA INC : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

Published: 2021-09-22 16:32:13 ET PEBK

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(d) On September 17, 2021, the Boards of Directors of Peoples Bancorp of North Carolina, Inc. (the "Company") and its wholly-owned subsidiary, Peoples Bank (the "Bank") elected Kimberly Boyd-Leaks to the Boards of Directors of the Company and the Bank.

Ms. Boyd-Leaks is currently the Bank's Executive Vice President/Chief Banking Support Officer. Ms. Boyd-Leaks will continue to serve in this capacity while serving as a director of the Company and the Bank.

Ms. Boyd-Leaks has not been appointed to any committees of the Company or Bank Board of Directors at this time.

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

Item 9.01. Financial Statements and Exhibits

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.